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Garmin (GRMN) Competitors

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$210.05 +1.76 (+0.85%)
Closing price 06/10/2025 03:59 PM Eastern
Extended Trading
$210.14 +0.08 (+0.04%)
As of 06/10/2025 07:00 PM Eastern
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GRMN vs. UEIC, NOC, LHX, TDY, DRS, NXT, LUNR, NN, IPAX, and CODA

Should you be buying Garmin stock or one of its competitors? The main competitors of Garmin include Universal Electronics (UEIC), Northrop Grumman (NOC), L3Harris Technologies (LHX), Teledyne Technologies (TDY), Leonardo DRS (DRS), Nextracker (NXT), Intuitive Machines (LUNR), NextNav (NN), Inflection Point Acquisition (IPAX), and Coda Octopus Group (CODA).

Garmin vs.

Garmin (NYSE:GRMN) and Universal Electronics (NASDAQ:UEIC) are both computer and technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, institutional ownership, risk, valuation, profitability, dividends, earnings, community ranking and media sentiment.

Garmin currently has a consensus price target of $206.00, indicating a potential downside of 1.47%. Universal Electronics has a consensus price target of $14.50, indicating a potential upside of 99.04%. Given Universal Electronics' stronger consensus rating and higher possible upside, analysts plainly believe Universal Electronics is more favorable than Garmin.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Garmin
2 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.00
Universal Electronics
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00

Garmin has a net margin of 22.42% compared to Universal Electronics' net margin of -6.09%. Garmin's return on equity of 19.31% beat Universal Electronics' return on equity.

Company Net Margins Return on Equity Return on Assets
Garmin22.42% 19.31% 15.66%
Universal Electronics -6.09%-3.67%-1.88%

Garmin received 117 more outperform votes than Universal Electronics when rated by MarketBeat users. However, 57.80% of users gave Universal Electronics an outperform vote while only 51.65% of users gave Garmin an outperform vote.

CompanyUnderperformOutperform
GarminOutperform Votes
454
51.65%
Underperform Votes
425
48.35%
Universal ElectronicsOutperform Votes
337
57.80%
Underperform Votes
246
42.20%

Garmin has higher revenue and earnings than Universal Electronics. Universal Electronics is trading at a lower price-to-earnings ratio than Garmin, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Garmin$6.45B6.24$1.29B$7.6027.51
Universal Electronics$395.31M0.24-$98.24M-$1.66-4.39

Garmin has a beta of 0.98, meaning that its share price is 2% less volatile than the S&P 500. Comparatively, Universal Electronics has a beta of 1.54, meaning that its share price is 54% more volatile than the S&P 500.

In the previous week, Garmin had 21 more articles in the media than Universal Electronics. MarketBeat recorded 30 mentions for Garmin and 9 mentions for Universal Electronics. Universal Electronics' average media sentiment score of 1.09 beat Garmin's score of 0.83 indicating that Universal Electronics is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Garmin
16 Very Positive mention(s)
3 Positive mention(s)
8 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Universal Electronics
4 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

81.6% of Garmin shares are held by institutional investors. Comparatively, 79.3% of Universal Electronics shares are held by institutional investors. 15.4% of Garmin shares are held by insiders. Comparatively, 10.5% of Universal Electronics shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Summary

Garmin beats Universal Electronics on 13 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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GRMN vs. The Competition

MetricGarminSearch & navigation equipment IndustryComputer SectorNYSE Exchange
Market Cap$40.26B$14.64B$26.44B$19.78B
Dividend Yield1.46%1.54%2.86%3.85%
P/E Ratio28.6017.9645.2935.69
Price / Sales6.2446.292,035.1145.90
Price / Cash27.3421.6034.7417.51
Price / Book5.1344.177.064.83
Net Income$1.29B$687.20M$740.66M$1.02B
7 Day Performance2.17%1.52%4.57%2.27%
1 Month Performance9.15%24.90%7.85%5.78%
1 Year Performance28.57%50.23%52,403.29%14.58%

Garmin Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GRMN
Garmin
4.1699 of 5 stars
$210.05
+0.8%
$206.00
-1.9%
+29.2%$40.44B$6.45B28.7319,700Dividend Announcement
UEIC
Universal Electronics
4.833 of 5 stars
$6.62
+0.2%
$14.50
+119.0%
-39.1%$87.19M$395.31M-3.583,940Positive News
NOC
Northrop Grumman
4.7102 of 5 stars
$483.15
-0.3%
$545.31
+12.9%
+12.2%$69.54B$40.37B17.0595,000
LHX
L3Harris Technologies
4.4122 of 5 stars
$243.30
-0.4%
$256.56
+5.5%
+10.6%$45.48B$21.25B30.9146,000Positive News
Analyst Forecast
TDY
Teledyne Technologies
2.9284 of 5 stars
$494.00
-1.0%
$542.50
+9.8%
+28.8%$23.15B$5.77B28.6714,700Positive News
DRS
Leonardo DRS
1.7012 of 5 stars
$43.92
+3.8%
$41.00
-6.6%
+78.4%$11.68B$3.35B55.596,580Positive News
High Trading Volume
NXT
Nextracker
1.7421 of 5 stars
$55.29
-2.5%
$60.33
+9.1%
+1.6%$8.05B$2.96B14.071,050
LUNR
Intuitive Machines
3.2429 of 5 stars
$11.01
-3.5%
$16.06
+45.8%
+155.4%$1.97B$217.31M-3.741Positive News
Insider Trade
Gap Down
NN
NextNav
2.2968 of 5 stars
$11.60
-7.6%
$20.00
+72.4%
+64.4%$1.54B$6.16M-15.4760Positive News
High Trading Volume
IPAX
Inflection Point Acquisition
N/A$11.41
-4.5%
N/A+162.6%$470.31MN/A0.001Gap Up
High Trading Volume
CODA
Coda Octopus Group
2.6231 of 5 stars
$7.36
-1.2%
$11.00
+49.5%
+3.9%$82.65M$21.06M22.3080Upcoming Earnings

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This page (NYSE:GRMN) was last updated on 6/11/2025 by MarketBeat.com Staff
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