Here's How Much You'd Have If You Invested $1000 in Garmin a Decade Ago

For most investors, how much a stock's price changes over time is important. Not only can it impact your investment portfolio, but it can also help you compare investment results across sectors and industries.The fear of missing out, or FOMO, also plays a factor in investing, especially with particular tech giants, as well as popular consumer-facing stocks.What if you'd invested in Garmin (GRMN) ten years ago? It may not have been easy to hold on to GRMN for all that time, but if you did, how much would your investment be worth today?Garmin's Business In-DepthWith that in mind, let's take a look at Garmin's main business drivers.Olathe, Kansas-based, Garmin, Ltd. is an original equipment manufacturer (OEM) of navigation and communication equipment that incorporate the global positioning system (GPS)-based technology.The company’s diverse portfolio of handheld, portable and fixed-mount GPS-enabled devices provides geographical location and navigation data using the GPS satellite system.Garmin reported revenues of $6.3 billion in 2024. The company reports operations under five segments: Outdoor, Fitness, Marine, Auto and Aviation, which generated 31.2%, 28.2%, 17%, 9.7% and 13.9% of revenues, respectively.Outdoor products currently include handhelds, wearables, golfing devices, dog tracking/training devices and action cameras. The Fitness segment offers running and cycling products of various kinds and includes platforms for connecting and sharing data with others. Marine products include chartplotters, fishfinders, sounders, autopilot systems, radars, instruments, radios, handhelds and wrist-worn devices, sailing and entertainment products. Auto offers personal navigation devices (PNDs), infotainment solutions and mobile applications. Aviation offers integrated avionics or flight decks; panel mounted navigation, traffic, audio, transponder, weather and other products; portable and wearable solutions; and mobile apps.Products are manufactured at its Xizhi, Jhongli and LinKou facilities in Taiwan, its Yangzhou facility in China and its Olathe, Kansas and Salem, Oregon facilities in the U.S. They are sold through a big network of independent dealers across 100 countries globally.Garmin products are distributed through a hybrid sales channel system that utilizes a network of distributors and retailers. They are also sold directly to OEMs that integrate the GPS capability into their end product. Bottom LineAnyone can invest, but building a successful investment portfolio takes a combination of a few things: research, patience, and a little bit of risk. So, if you had invested in Garmin a decade ago, you're probably feeling pretty good about your investment today.A $1000 investment made in October 2015 would be worth $6,862.32, or a 586.23% gain, as of October 1, 2025, according to our calculations. Investors should note that this return excludes dividends but includes price increases.Compare this to the S&P 500's rally of 248.35% and gold's return of 233.06% over the same time frame.Looking ahead, analysts are expecting more upside for GRMN.Garmin is benefiting from strong momentum across the Fitness and Auto OEM segments. While strength in the Fitness segment is primarily attributed to advanced wearables demand, Auto OEM revenues are driven by increased shipments of domain controllers. Strong momentum across the Aviation, Marine and Outdoor segments is an upside. Increasing demand in the Americas and EMEA regions is a plus. Garmin's growing focus on continued innovation, diversification and market expansion to explore opportunities across all business segments is praiseworthy. Our estimates suggest that Garmin's revenues will witness a CAGR of 8.5% during fiscal 2025-2027. The stock has outperformed its industry over the past year. However, weakness in the aftermarket product categories remains concerning for the Aviation segment. Macroeconomic uncertainties are a concern.Shares have gained 5.09% over the past four weeks and there have been 2 higher earnings estimate revisions for fiscal 2025 compared to none lower. The consensus estimate has moved up as well.Beyond Nvidia: AI's Second Wave Is HereThe AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. Little-known AI firms tackling the world's biggest problems may be more lucrative in the coming months and years.See "2nd Wave" AI stocks now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Garmin Ltd. (GRMN): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks