Garmin Ltd. (GRMN)
NYSE: GRMN · Real-Time Price · USD
192.32
+0.22 (0.11%)
Apr 15, 2025, 4:00 PM EDT - Market closed
Garmin Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Garmin stock have an average target of 220.75, with a low estimate of 150 and a high estimate of 285. The average target predicts an increase of 14.78% from the current stock price of 192.32.
Analyst Consensus: Hold
* Price targets were last updated on Feb 26, 2025.
Analyst Ratings
The average analyst rating for Garmin stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Hold | 5 | 3 | 3 | 1 | 1 | 1 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 6 | 6 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Tigress Financial | Tigress Financial | Strong Buy Maintains $265 → $285 | Strong Buy | Maintains | $265 → $285 | +48.19% | Feb 26, 2025 |
| Barclays | Barclays | Sell Maintains $158 → $188 | Sell | Maintains | $158 → $188 | -2.25% | Feb 20, 2025 |
| JP Morgan | JP Morgan | Hold Maintains $219 → $260 | Hold | Maintains | $219 → $260 | +35.19% | Feb 20, 2025 |
| Tigress Financial | Tigress Financial | Strong Buy Maintains $215 → $265 | Strong Buy | Maintains | $215 → $265 | +37.79% | Dec 16, 2024 |
| Barclays | Barclays | Sell Maintains $133 → $158 | Sell | Maintains | $133 → $158 | -17.85% | Nov 1, 2024 |
Financial Forecast
Revenue This Year
6.99B
from 6.30B
Increased by 10.99%
Revenue Next Year
7.55B
from 6.99B
Increased by 8.07%
EPS This Year
8.12
from 7.30
Increased by 11.20%
EPS Next Year
8.87
from 8.12
Increased by 9.32%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 7.4B | 7.9B | 8.6B | ||
| Avg | 7.0B | 7.6B | 8.3B | ||
| Low | 6.7B | 7.1B | 7.9B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 16.8% | 13.7% | 14.4% | ||
| Avg | 11.0% | 8.1% | 10.3% | ||
| Low | 5.9% | 1.0% | 4.9% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 8.65 | 9.54 | 10.33 | ||
| Avg | 8.12 | 8.87 | 9.69 | ||
| Low | 7.64 | 7.97 | 8.98 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 18.5% | 17.6% | 16.4% | ||
| Avg | 11.2% | 9.3% | 9.2% | ||
| Low | 4.7% | -1.8% | 1.2% |
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.