Garmin Ltd. (GRMN)
NYSE: GRMN · Real-Time Price · USD
233.92
-2.43 (-1.03%)
At close: May 29, 2026, 4:00 PM EDT
233.88
-0.04 (-0.02%)
After-hours: May 29, 2026, 7:52 PM EDT
Garmin Stock Forecast
Stock Price Forecast
According to 8 analysts polled by S&P Global, Garmin stock has a consensus rating of "Hold" and an average price target of $262.43. The average 1-year stock price forecast is 12.19% higher than the current stock price, while the lowest is $220 (-5.95%) and the highest is $325 (+38.94%).
Price Target: $262.43 (+12.19%)
Analyst Consensus: Hold
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 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 3 | 3 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 4 | 3 | 4 | 4 | 4 | 5 |
| Sell | 2 | 2 | 1 | 2 | 2 | 1 |
| Strong Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Total | 9 | 9 | 9 | 9 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Tigress Financial | Tigress Financial | Buy Reiterates $325 | Buy | Reiterates | $325 | +38.94% | May 20, 2026 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $252 → $249 | Hold | Maintains | $252 → $249 | +6.45% | Apr 30, 2026 |
| J.P. Morgan | J.P. Morgan | Hold Maintains $285 | Hold | Maintains | $285 | +21.84% | Apr 30, 2026 |
| KeyBanc | KeyBanc | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Apr 30, 2026 |
| Barclays | Barclays | Hold Maintains $240 → $238 | Hold | Maintains | $240 → $238 | +1.74% | Apr 30, 2026 |
Financial Forecast
Revenue This Year
8.11B
from 7.25B
Increased by 11.96%
Revenue Next Year
8.82B
from 8.11B
Increased by 8.67%
EPS This Year
9.74
from 8.59
Increased by 13.42%
EPS Next Year
10.34
from 9.74
Increased by 6.18%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 8.5B | 9.5B | ||||||
| Avg | 8.1B | 8.8B | ||||||
| Low | 7.7B | 8.3B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 17.9% | 17.4% | ||||||
| Avg | 12.0% | 8.7% | ||||||
| Low | 6.9% | 1.9% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 10.29 | 10.88 | ||||||
| Avg | 9.74 | 10.34 | ||||||
| Low | 9.16 | 9.48 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 19.8% | 11.7% | ||||||
| Avg | 13.4% | 6.2% | ||||||
| Low | 6.7% | -2.7% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.