Garmin Ltd. (GRMN)
NYSE: GRMN · Real-Time Price · USD
236.97
-5.41 (-2.23%)
May 12, 2026, 4:00 PM EDT - Market closed

Garmin Stock Forecast

Stock Price Forecast

The 5 analysts that cover Garmin stock have a consensus rating of "Buy" and an average price target of $260.6, which forecasts a 9.97% increase in the stock price over the next year. The lowest target is $208 and the highest is $320.

Price Target: $260.6 (+9.97%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$208$260.6$252$320
Change-12.23%+9.97%+6.34%+35.04%

Analyst Ratings

The average analyst rating for Garmin stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

RatingDec '25Jan '26Feb '26Mar '26Apr '26May '26
Strong Buy222222
Buy000000
Hold123333
Sell221111
Strong Sell000000
Total566666

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Barclays
Barclays
Hold
Maintains
$240$238
HoldMaintains$240$238+0.43%Apr 30, 2026
JP Morgan
JP Morgan
Hold
Maintains
$265$285
HoldMaintains$265$285+20.27%Apr 16, 2026
Tigress Financial
Tigress Financial
Strong Buy
Maintains
$310$320
Strong BuyMaintains$310$320+35.04%Feb 20, 2026
JP Morgan
JP Morgan
Hold
Maintains
$250$265
HoldMaintains$250$265+11.83%Feb 19, 2026
Morgan Stanley
Morgan Stanley
Hold
Upgrades
$195$252
HoldUpgrades$195$252+6.34%Feb 19, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
8.14B
from 7.25B
Increased by 12.28%
Revenue Next Year
8.85B
from 8.14B
Increased by 8.76%
EPS This Year
9.67
from 8.59
Increased by 12.57%
EPS Next Year
10.33
from 9.67
Increased by 6.84%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingDec 25, 2021Dec 31, 2022Dec 30, 2023Dec 28, 2024Dec 27, 2025Dec 31, 2026Dec 31, 2027
Revenue
4.98B4.86B5.23B6.30B7.25B8.14B8.85B
Revenue Growth
19.02%-2.46%7.57%20.44%15.07%12.28%8.76%
EPS
5.615.046.717.308.599.6710.33
EPS Growth
8.51%-10.16%33.14%8.79%17.67%12.57%6.84%
Forward PE
-----24.5122.94
No. Analysts
-----1111
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20262027202820292030203120322033
High8.5B9.5B
Avg8.1B8.8B
Low7.7B8.3B

Revenue Growth

Revenue Growth20262027202820292030203120322033
High
18.0%
17.0%
Avg
12.3%
8.8%
Low
6.9%
1.6%

EPS Forecast

EPS20262027202820292030203120322033
High10.2910.88
Avg9.6710.33
Low9.169.48

EPS Growth

EPS Growth20262027202820292030203120322033
High
19.8%
12.5%
Avg
12.6%
6.8%
Low
6.7%
-2.0%
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 sources.