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Garmin Ltd. (NYSE:GRMN) Stock Update and Earnings Forecast
Financial Modeling Prep· 2025-09-19 18:10
Core Insights - Garmin Ltd. is a prominent player in the GPS technology and wearable devices sector, competing with companies like Apple and Fitbit [1] - Morgan Stanley has adjusted Garmin's rating to "Underweight" while raising its price target from $186 to $193 [1][6] - Garmin's stock closed at $234.18, reflecting a decline of 1.05%, which was more significant than the broader market movements [2][6] Financial Performance - Garmin is expected to report an earnings per share (EPS) of $1.98, a slight decrease of 0.5% year-over-year, while revenue is projected to rise by 12.35% to $1.78 billion [3][6] - For the full fiscal year, Zacks Consensus Estimates forecast earnings of $8.07 per share and total revenue of $7.05 billion [4] - Garmin's current stock price is $235.72, with a trading range from a low of $235.44 to a high of $238.53 [4] Market Position - Garmin's market capitalization is approximately $45.37 billion, indicating a significant presence in the market [5] - Today's trading volume for Garmin is 158,770 shares, reflecting investor interest [5]
Signos CEO Sharam Fouladgar-Mercer talks first FDA-approved glucose monitor for weight loss
CNBC Television· 2025-09-10 22:18
Product & Technology - Signos leverages AI and continuous glucose monitoring (CGM) via a wearable biosensor to provide real-time metabolic insights for weight management [2][3] - The device, featuring a micro-needle, is worn for 15 days and provides data accessible via a phone app [3][4] - Signos aims to predict weight-related outcomes by providing personalized recommendations (e.g, suggesting a walk after a meal) based on glucose levels [5] - Signos integrates with other wearable devices like Apple Watch, complementing their data with AI-driven predictions [13][14] Market & Competition - Signos positions itself as a complementary solution to GLP-1 drugs, targeting a broader audience beyond those with obesity, focusing on weight loss and maintenance [7] - The company aims to establish metabolism as the "fifth vital sign," promoting continuous monitoring outside of clinical settings [8] - The FDA clearance covers the device's accuracy in measuring glucose levels for weight management, including weight loss and maintenance [9] Business Model & Financials - The service costs $129 per month and is FSA/HSA eligible [6] - Signos is actively pursuing partnerships with insurers for reimbursement coverage [6] Clinical Benefits - Stabilizing glucose levels can lead to improved sleep quality, as demonstrated by a user experience of tripled deep sleep duration [11][12]