Garmin Ltd. (GRMN)
NYSE: GRMN · Real-Time Price · USD
190.15
-1.63 (-0.85%)
May 5, 2025, 4:00 PM EDT - Market closed
Garmin Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Garmin stock have an average target of 194.8, with a low estimate of 150 and a high estimate of 285. The average target predicts an increase of 2.45% from the current stock price of 190.15.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Garmin stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 1 | 1 | 1 | 1 |
| Sell | 2 | 2 | 2 | 2 | 2 | 3 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 4 | 4 | 4 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold Maintains $220 → $215 | Hold | Maintains | $220 → $215 | +13.07% | May 1, 2025 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $159 → $172 | Sell | Maintains | $159 → $172 | -9.55% | May 1, 2025 |
| Barclays | Barclays | Sell Maintains $188 → $152 | Sell | Maintains | $188 → $152 | -20.06% | Apr 30, 2025 |
| JP Morgan | JP Morgan | Hold Maintains $260 → $220 | Hold | Maintains | $260 → $220 | +15.70% | Apr 17, 2025 |
| Tigress Financial | Tigress Financial | Strong Buy Maintains $265 → $285 | Strong Buy | Maintains | $265 → $285 | +49.88% | Feb 26, 2025 |
Financial Forecast
Revenue This Year
6.97B
from 6.30B
Increased by 10.69%
Revenue Next Year
7.50B
from 6.97B
Increased by 7.56%
EPS This Year
8.08
from 7.30
Increased by 10.64%
EPS Next Year
8.76
from 8.08
Increased by 8.43%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 7.4B | 8.0B | 8.6B | ||
| Avg | 7.0B | 7.5B | 8.1B | ||
| Low | 6.4B | 6.8B | 7.4B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 17.0% | 14.2% | 14.5% | ||
| Avg | 10.7% | 7.6% | 8.7% | ||
| Low | 2.0% | -2.8% | -1.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 8.98 | 9.92 | 10.33 | ||
| Avg | 8.08 | 8.76 | 9.41 | ||
| Low | 7.12 | 7.56 | 8.17 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 23.0% | 22.9% | 18.0% | ||
| Avg | 10.6% | 8.4% | 7.5% | ||
| Low | -2.4% | -6.5% | -6.7% |
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.