Pet Tech Global Market Report 2024, Featuring Garmin, GoPro, Loc8tor, Nedap, Datamars, CleverPet, Petcube, Fitbark and Whistle Labs [Yahoo! Finance]
Garmin Ltd. (GRMN)
Last garmin ltd. earnings: 4/29 07:00 am
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Source: Yahoo! Finance
The pet tech market size has grown rapidly in recent years, from $5.24 billion in 2023 to $6.28 billion in 2024 at a compound annual growth rate (CAGR) of 19.8%. The growth observed during the historical period can be attributed to several factors, including an increase in pet ownership, the rise of e-commerce in the pet products industry, a heightened focus on pet health and wellness, urbanization leading to busy lifestyles, and the trend of humanization of pets where pets are treated as family members and their well-being is prioritized. The pet tech market size is expected to see rapid growth in the next few years, growing to $12.02 billion in 2028 at a CAGR of 17.6%. The anticipated growth in the forecast period can be attributed to the integration of artificial intelligence (AI) and machine learning in pet tech, the expansion of telehealth services for pets, the growth of smart pet home ecosystems, an increased focus on environmental sustainability, and the adoption of cus
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GRMN
News
- Garmin Ltd. (NYSE: GRMN) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Pet Monitoring Camera Market Size to Worth USD 1.65 Bn by 2033 [Yahoo! Finance]Yahoo! Finance
- Garmin Ltd. (NYSE: GRMN) had its price target raised by analysts at JPMorgan Chase & Co. from $155.00 to $175.00. They now have a "neutral" rating on the stock.MarketBeat
- Garmin Ltd. (NYSE:GRMN) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Garmin Ltd. (NYSE: GRMN) had its price target raised by analysts at Barclays PLC from $140.00 to $166.00. They now have an "equal weight" rating on the stock.MarketBeat
GRMN
Earnings
- 5/1/24 - Beat
GRMN
Sec Filings
- 5/1/24 - Form 10-Q
- 5/1/24 - Form 8-K
- 4/24/24 - Form DEFA14A
- GRMN's page on the SEC website