Garmin Ltd. (GRMN)
NYSE: GRMN · Real-Time Price · USD
209.54
+0.55 (0.26%)
Dec 23, 2024, 2:49 PM EST - Market open
Garmin Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Garmin stock have an average target of 170.5, with a low estimate of 135 and a high estimate of 265. The average target predicts a decrease of -18.63% from the current stock price of 209.54.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 6 | 6 | 5 | 5 | 5 | 3 |
| Sell | 1 | 1 | 2 | 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 |
|---|---|---|---|---|---|---|---|
| Tigress Financial | Tigress Financial | Strong Buy Maintains $215 → $265 | Strong Buy | Maintains | $215 → $265 | +26.47% | Dec 16, 2024 |
| Barclays | Barclays | Sell Maintains $133 → $158 | Sell | Maintains | $133 → $158 | -24.60% | Nov 1, 2024 |
| Tigress Financial | Tigress Financial | Strong Buy Maintains $210 → $215 | Strong Buy | Maintains | $210 → $215 | +2.61% | Sep 19, 2024 |
| Barclays | Barclays | Hold → Sell Downgrades $181 → $133 | Hold → Sell | Downgrades | $181 → $133 | -36.53% | Sep 13, 2024 |
| Barclays | Barclays | Hold Maintains $166 → $181 | Hold | Maintains | $166 → $181 | -13.62% | Aug 1, 2024 |
Financial Forecast
Revenue This Year
6.28B
from 5.23B
Increased by 20.08%
Revenue Next Year
6.84B
from 6.28B
Increased by 8.87%
EPS This Year
7.10
from 6.71
Increased by 5.88%
EPS Next Year
7.81
from 7.10
Increased by 9.89%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.6B | 7.4B | 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 | 26.5% | 18.2% | 13.4% | ||
| Avg | 20.1% | 8.9% | 8.2% | ||
| Low | 14.7% | 1.4% | -0.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.77 | 9.61 | 9.01 | ||
| Avg | 7.10 | 7.81 | 8.39 | ||
| Low | 6.71 | 7.01 | 7.62 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.8% | 35.2% | 15.4% | ||
| Avg | 5.9% | 9.9% | 7.5% | ||
| Low | 0.0% | -1.4% | -2.3% |
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.