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via finance.yahoo.comBusiness & Companies

Garmin (GRMN) raises full-year guidance after Q3 2026, but shares fall in the short term

FROM THE WIRE · FINANCE.YAHOO.COM

Garmin (GRMN) just paired a strong Q3 2026 earnings release with higher full year guidance, even as it flags softer automotive domain controller demand and rising memory costs as near term pressure points. Despite the strong Q3 report and higher full year guidance, Garmin's…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralHigher guidance is positive, but softer auto demand and memory costs weigh on expected margins.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Garmin reported a strong Q3 2026 and raised its full-year guidance.
  2. 02The company flags softer automotive domain controller demand and rising memory costs.
  3. 03The stock is down 2.6% over the last day and 7.2% over the past week.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Garmin Ltd.GRMNStock272.67 USDMarket closedtoday -2.60%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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