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 12.87% higher than the current stock price, while the lowest is $220 (-5.38%) and the highest is $325 (+39.78%).

Price Target: $262.43 (+12.87%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$220	$262.43	$249	$325
Change	-5.38%	+12.87%	+7.09%	+39.78%

* Price targets were last updated on May 20, 2026.

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
Ivan Feinseth Tigress Financial	Tigress Financial	Buy Reiterates $325	Buy	Reiterates	$325	+39.78%	May 20, 2026
Erik Woodring Morgan Stanley	Morgan Stanley	Hold Maintains $252 → $249	Hold	Maintains	$252 → $249	+7.09%	Apr 30, 2026
Joseph Cardoso J.P. Morgan	J.P. Morgan	Hold Maintains $285	Hold	Maintains	$285	+22.58%	Apr 30, 2026
Noah Zatzkin KeyBanc	KeyBanc	Hold Maintains n/a	Hold	Maintains	n/a	n/a	Apr 30, 2026
Tim Long Barclays	Barclays	Hold Maintains $240 → $238	Hold	Maintains	$240 → $238	+2.36%	Apr 30, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

7.99B

from 7.25B

10.26%

from 7.25B

Revenue Next Year

8.73B

from 7.99B

9.32%

from 7.99B

EPS This Year

9.58

from 8.56

11.92%

from 8.56

EPS Next Year

10.32

from 9.58

7.77%

from 9.58

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 25, 2021	Dec 31, 2022	Dec 30, 2023	Dec 28, 2024	Dec 27, 2025	Dec 31, 2026
Revenue	4.98B	4.86B	5.23B	6.30B	7.25B	7.99B
Revenue Growth	19.02%	-2.46%	7.57%	20.44%	15.07%	10.26%
Gross Profit	2.89B	2.81B	3.00B	3.70B	4.26B	4.71B
Gross Margin	58.01%	57.75%	57.48%	58.70%	58.74%	58.93%
Operating Income	1.22B	1.03B	1.09B	1.59B	1.88B	2.09B
Net Income	1.08B	973.59M	1.29B	1.41B	1.66B	1.86B
EPS	-	-	-	-	8.56	9.58
EPS Growth	-	-	-	-	15.83%	11.92%
Forward PE	23.45	18.81	23.78	28.64	24.27	24.27
Dividend / Share	2.68	2.92	2.92	3.00	3.60	4.13
Dividend Growth	-	8.96%	-	2.74%	20.00%	14.63%
Free Cash Flow	389.23M	310.68M	871.09M	977.27M	790.87M	1.59B
No. Analysts	-	-	-	-	-	7

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	8.1B
Avg	8.0B
Low	7.9B

Revenue Growth

Revenue Growth	2026	2027	2028
High	12.4%
Avg	10.3%
Low	9.0%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	9.58
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	11.9%
Low	-