Garmin Ltd. (GRMN)
NYSE: GRMN · Real-Time Price · USD
208.29
+0.84 (0.40%)
At close: Jun 9, 2025, 4:00 PM
208.43
+0.14 (0.07%)
After-hours: Jun 9, 2025, 7:21 PM EDT
Garmin Stock Forecast
Stock Price Forecast
According to 4 professional analysts, the 12-month price target for Garmin stock ranges from a low of $152 to a high of $285. The average analyst price target of $206 forecasts a -1.10% decrease in the stock price over the next year.
Price Target: $206.00 (-1.10%)
Analyst Consensus: Hold
* Price targets were last updated on May 1, 2025.
Analyst Ratings
The average analyst rating for Garmin stock 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 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold Maintains $220 → $215 | Hold | Maintains | $220 → $215 | +3.22% | May 1, 2025 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $159 → $172 | Sell | Maintains | $159 → $172 | -17.42% | May 1, 2025 |
| Barclays | Barclays | Sell Maintains $188 → $152 | Sell | Maintains | $188 → $152 | -27.02% | Apr 30, 2025 |
| JP Morgan | JP Morgan | Hold Maintains $260 → $220 | Hold | Maintains | $260 → $220 | +5.62% | Apr 17, 2025 |
| Tigress Financial | Tigress Financial | Strong Buy Maintains $265 → $285 | Strong Buy | Maintains | $265 → $285 | +36.83% | Feb 26, 2025 |
Financial Forecast
Revenue This Year
7.00B
from 6.30B
Increased by 11.13%
Revenue Next Year
7.52B
from 7.00B
Increased by 7.47%
EPS This Year
8.00
from 7.30
Increased by 9.60%
EPS Next Year
8.66
from 8.00
Increased by 8.18%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 7.3B | 7.9B | 8.6B | ||
| Avg | 7.0B | 7.5B | 8.2B | ||
| Low | 6.7B | 7.1B | 7.7B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 16.1% | 13.1% | 14.6% | ||
| Avg | 11.1% | 7.5% | 9.0% | ||
| Low | 5.6% | 0.8% | 2.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 8.33 | 9.48 | 10.24 | ||
| Avg | 8.00 | 8.66 | 9.48 | ||
| Low | 7.62 | 7.84 | 8.46 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 14.1% | 18.5% | 18.3% | ||
| Avg | 9.6% | 8.2% | 9.5% | ||
| Low | 4.4% | -2.0% | -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.