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
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
| Rating | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 2 | 3 | 3 | 3 | 3 |
| Sell | 2 | 2 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Maintains $240 → $238 | Hold | Maintains | $240 → $238 | +0.43% | Apr 30, 2026 |
| JP Morgan | JP Morgan | Hold Maintains $265 → $285 | Hold | Maintains | $265 → $285 | +20.27% | Apr 16, 2026 |
| Tigress Financial | Tigress Financial | Strong Buy Maintains $310 → $320 | Strong Buy | Maintains | $310 → $320 | +35.04% | Feb 20, 2026 |
| JP Morgan | JP Morgan | Hold Maintains $250 → $265 | Hold | Maintains | $250 → $265 | +11.83% | Feb 19, 2026 |
| Morgan Stanley | Morgan Stanley | Sell → Hold Upgrades $195 → $252 | Sell → Hold | Upgrades | $195 → $252 | +6.34% | Feb 19, 2026 |
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%
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 | 18.0% | 17.0% | ||||||
| Avg | 12.3% | 8.8% | ||||||
| Low | 6.9% | 1.6% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 10.29 | 10.88 | ||||||
| Avg | 9.67 | 10.33 | ||||||
| Low | 9.16 | 9.48 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| 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.