Garmin Ltd. (GRMN)
NYSE: GRMN · Real-Time Price · USD
219.34
-2.57 (-1.16%)
Mar 7, 2025, 4:00 PM EST - 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 0.64% from the current stock price of 219.34.

Analyst Consensus: Hold
Target Low Average Median High
Price $150 $220.75 $260 $285
Change -31.61% +0.64% +18.54% +29.94%

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 Sep '24Oct '24Nov '24Dec '24Jan '25Feb '25
Strong Buy 111111
Buy 111000
Hold 555331
Sell 222222
Strong Sell 000000
Total 999664

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 +29.94% Feb 26, 2025
Barclays
Barclays
Sell
Maintains
$158$188
Sell Maintains $158$188 -14.29% Feb 20, 2025
JP Morgan
JP Morgan
Hold
Maintains
$219$260
Hold Maintains $219$260 +18.54% Feb 20, 2025
Tigress Financial
Tigress Financial
Strong Buy
Maintains
$215$265
Strong Buy Maintains $215$265 +20.82% Dec 16, 2024
Barclays
Barclays
Sell
Maintains
$133$158
Sell Maintains $133$158 -27.97% Nov 1, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
6.96B
from 6.30B
Increased by 10.48%
Revenue Next Year
7.59B
from 6.96B
Increased by 9.07%
EPS This Year
7.90
from 7.30
Increased by 8.17%
EPS Next Year
8.41
from 7.90
Increased by 6.49%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 26, 2020 Dec 25, 2021 Dec 31, 2022 Dec 30, 2023 Dec 28, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
4.19B4.98B4.86B5.23B6.30B6.96B7.59B8.33B
Revenue Growth
11.42%19.02%-2.46%7.57%20.44%10.48%9.07%9.71%
EPS
5.175.615.046.717.307.908.419.67
EPS Growth
3.61%8.51%-10.16%33.13%8.79%8.17%6.49%15.00%
Forward PE
-----27.7826.0922.68
No. Analysts -----1193
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2025202620272028
High 7.4B 7.9B 8.6B
Avg 7.0B 7.6B 8.3B
Low 6.5B 7.1B 7.9B

Revenue Growth

Revenue Growth 2025202620272028
High
16.8%
14.2%
13.8%
Avg
10.5%
9.1%
9.7%
Low
2.7%
1.8%
4.4%

EPS Forecast

EPS 2025202620272028
High 9.61 9.03 9.95
Avg 7.90 8.41 9.67
Low 7.04 7.48 9.29

EPS Growth

EPS Growth 2025202620272028
High
31.6%
14.4%
18.4%
Avg
8.2%
6.5%
15.0%
Low
-3.6%
-5.3%
10.5%
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.