Garmin Ltd. (GRMN)
NYSE: GRMN · Real-Time Price · USD
198.35
-6.57 (-3.21%)
Oct 31, 2024, 4:00 PM EDT - Market closed
Garmin Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Garmin stock have an average target of 144.67, with a low estimate of 100 and a high estimate of 215. The average target predicts a decrease of -27.06% from the current stock price of 198.35.
Analyst Consensus: Hold
* Price targets were last updated on Sep 19, 2024.
Analyst Ratings
The average analyst rating for Garmin stock from 9 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 6 | 6 | 6 | 6 | 5 | 5 |
| Sell | 1 | 1 | 1 | 1 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 9 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Tigress Financial | Tigress Financial | Strong Buy Maintains $210 → $215 | Strong Buy | Maintains | $210 → $215 | +8.39% | Sep 19, 2024 |
| Barclays | Barclays | Hold → Sell Downgrades $181 → $133 | Hold → Sell | Downgrades | $181 → $133 | -32.95% | Sep 13, 2024 |
| Barclays | Barclays | Hold Maintains $166 → $181 | Hold | Maintains | $166 → $181 | -8.75% | Aug 1, 2024 |
| B of A Securities | B of A Securities | Hold → Sell Downgrades $165 → $150 | Hold → Sell | Downgrades | $165 → $150 | -24.38% | May 22, 2024 |
| Tigress Financial | Tigress Financial | Strong Buy Maintains $175 → $210 | Strong Buy | Maintains | $175 → $210 | +5.87% | May 14, 2024 |
Financial Forecast
Revenue This Year
6.09B
from 5.23B
Increased by 16.43%
Revenue Next Year
6.65B
from 6.09B
Increased by 9.27%
EPS This Year
6.18
from 6.71
Decreased by -7.90%
EPS Next Year
6.74
from 6.18
Increased by 9.10%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.3B | 6.9B | 7.6B | ||
| Avg | 6.1B | 6.7B | 7.2B | ||
| Low | 5.8B | 6.3B | 6.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.6% | 14.2% | 14.9% | ||
| Avg | 16.4% | 9.3% | 8.8% | ||
| Low | 11.5% | 3.6% | 1.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.53 | 7.18 | 7.93 | ||
| Avg | 6.18 | 6.74 | 7.28 | ||
| Low | 5.88 | 6.11 | 6.65 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -2.7% | 16.2% | 17.6% | ||
| Avg | -7.9% | 9.1% | 7.9% | ||
| Low | -12.4% | -1.2% | -1.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.