Garmin Ltd. (GRMN)
NYSE: GRMN · Real-Time Price · USD
209.30
+0.31 (0.15%)
Dec 23, 2024, 4:00 PM EST - Market closed

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 -18.54% from the current stock price of 209.30.

Analyst Consensus: Hold
Target Low Average Median High
Price $135 $170.5 $158 $265
Change -35.50% -18.54% -24.51% +26.61%

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 '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 111111
Buy 111110
Hold 665553
Sell 112222
Strong Sell 000000
Total 999996

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 +26.61% Dec 16, 2024
Barclays
Barclays
Sell
Maintains
$133$158
Sell Maintains $133$158 -24.51% Nov 1, 2024
Tigress Financial
Tigress Financial
Strong Buy
Maintains
$210$215
Strong Buy Maintains $210$215 +2.72% Sep 19, 2024
Barclays
Barclays
Sell
Downgrades
$181$133
Sell Downgrades $181$133 -36.45% Sep 13, 2024
Barclays
Barclays
Hold
Maintains
$166$181
Hold Maintains $166$181 -13.52% Aug 1, 2024
More Analyst Ratings

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%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 28, 2019 Dec 26, 2020 Dec 25, 2021 Dec 31, 2022 Dec 30, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
3.76B4.19B4.98B4.86B5.23B6.28B6.84B7.40B
Revenue Growth
12.25%11.42%19.02%-2.46%7.57%20.08%8.87%8.22%
EPS
4.995.175.615.046.717.107.818.39
EPS Growth
36.34%3.61%8.51%-10.16%33.13%5.88%9.89%7.50%
Forward PE
-----29.4626.8124.94
No. Analysts -----11117
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
High
26.5%
18.2%
13.4%
Avg
20.1%
8.9%
8.2%
Low
14.7%
1.4%
-0.4%

EPS Forecast

EPS 20242025202620272028
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 20242025202620272028
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.