Garmin Ltd. (GRMN)
NYSE: GRMN · Real-Time Price · USD
212.98
-0.60 (-0.28%)
At close: Nov 13, 2024, 4:00 PM
213.94
+0.96 (0.45%)
Pre-market: Nov 14, 2024, 8:01 AM EST
Garmin Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Garmin stock have an average target of 162.17, with a low estimate of 135 and a high estimate of 215. The average target predicts a decrease of -23.86% from the current stock price of 212.98.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Garmin stock from 6 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 6 | 6 | 6 | 5 | 5 | 3 |
| Sell | 1 | 1 | 1 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 9 | 9 | 9 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Sell Maintains $133 → $158 | Sell | Maintains | $133 → $158 | -25.81% | Nov 1, 2024 |
| Tigress Financial | Tigress Financial | Strong Buy Maintains $210 → $215 | Strong Buy | Maintains | $210 → $215 | +0.95% | Sep 19, 2024 |
| Barclays | Barclays | Hold → Sell Downgrades $181 → $133 | Hold → Sell | Downgrades | $181 → $133 | -37.55% | Sep 13, 2024 |
| Barclays | Barclays | Hold Maintains $166 → $181 | Hold | Maintains | $166 → $181 | -15.02% | Aug 1, 2024 |
| B of A Securities | B of A Securities | Hold → Sell Downgrades $165 → $150 | Hold → Sell | Downgrades | $165 → $150 | -29.57% | May 22, 2024 |
Financial Forecast
Revenue This Year
6.26B
from 5.23B
Increased by 19.73%
Revenue Next Year
6.79B
from 6.26B
Increased by 8.43%
EPS This Year
7.06
from 6.71
Increased by 5.26%
EPS Next Year
7.60
from 7.06
Increased by 7.67%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.5B | 7.1B | 7.8B | ||
| Avg | 6.3B | 6.8B | 7.4B | ||
| Low | 6.0B | 6.4B | 6.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 24.4% | 13.1% | 14.2% | ||
| Avg | 19.7% | 8.4% | 9.0% | ||
| Low | 14.7% | 1.7% | 0.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.37 | 8.05 | 9.20 | ||
| Avg | 7.06 | 7.60 | 8.44 | ||
| Low | 6.71 | 7.01 | 7.62 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.9% | 14.0% | 20.9% | ||
| Avg | 5.3% | 7.7% | 11.0% | ||
| Low | 0.0% | -0.8% | 0.3% |
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.