Garmin Ltd. (GRMN)
NYSE: GRMN · Real-Time Price · USD
304.05
+1.50 (0.50%)
Aug 6, 2026, 1:12 PM EDT - Market open

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 $283.86. The average 1-year stock price forecast is 6.64% lower than the current stock price, while the lowest is $220 (-27.64%) and the highest is $330 (+8.53%).

Price Target: $283.86 (-6.64%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$220$283.86$295$330
Change-27.64%-6.64%-2.98%+8.53%

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

Chart
RatingDec '25Jan '26Feb '26Apr '26May '26Jul '26
Strong Buy333222
Buy000000
Hold344454
Sell212212
Strong Sell110000
Total999888

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Hold
Reiterates
$285$295
HoldReiterates$285$295-2.98%Jul 30, 2026
Morgan Stanley
Morgan Stanley
Hold
Maintains
$249$289
HoldMaintains$249$289-4.95%Jul 30, 2026
KeyBanc
KeyBanc
Hold
Maintains
n/a
HoldMaintainsn/an/aJul 30, 2026
Barclays
Barclays
Hold
Maintains
$297
HoldMaintains$297-2.32%Jul 30, 2026
Tigress Financial
Tigress Financial
Buy
Reiterates
$325
BuyReiterates$325+6.89%May 20, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
8.09B
from 7.25B
Increased by 11.72%
Revenue Next Year
8.90B
from 8.09B
Increased by 10.00%
EPS This Year
10.06
from 8.56
Increased by 17.51%
EPS Next Year
10.87
from 10.06
Increased by 8.09%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 25, 2021Dec 31, 2022Dec 30, 2023Dec 28, 2024Dec 27, 2025Dec 31, 2026
Revenue
4.98B4.86B5.23B6.30B7.25B8.09B
Revenue Growth
19.02%-2.46%7.57%20.44%15.07%11.72%
Gross Profit
2.89B2.81B3.00B3.70B4.26B4.84B
Gross Margin
58.01%57.75%57.48%58.70%58.74%59.75%
Operating Income
1.22B1.03B1.09B1.59B1.88B2.19B
Net Income
1.08B973.59M1.29B1.41B1.66B1.94B
EPS
----8.5610.06
EPS Growth
----15.83%17.51%
Forward PE
23.4518.8123.7828.6424.2730.23
Dividend / Share
2.682.922.923.003.604.13
Dividend Growth
-8.96%-2.74%20.00%14.63%
Free Cash Flow
389.23M310.68M871.09M977.27M790.87M1.61B
No. Analysts
-----6
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High8.2B
Avg8.1B
Low8.1B

Revenue Growth

Revenue Growth202620272028
High
13.3%
Avg
11.7%
Low
11.1%

EPS Forecast

EPS202620272028
High10.25
Avg10.06
Low10.00

EPS Growth

EPS Growth202620272028
High
19.7%
Avg
17.5%
Low
16.8%