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GRMN Stock Forecast: Garmin Ltd. Price Predictions for 2025

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$216.83

-1.74 (-0.80%)

GRMN Stock Forecast 2025-2026

$216.83
Current Price
$41.72B
Market Cap
10 Ratings
Buy 3
Hold 4
Sell 3
Wall St Analyst Ratings

Distance to GRMN Price Targets

+31.4%
To High Target of $285.00
-9.0%
To Median Target of $197.28
-14.7%
To Low Target of $185.00

GRMN Price Momentum

+3.9%
1 Week Change
-3.2%
1 Month Change
+46.5%
1 Year Change
+5.1%
Year-to-Date Change
-12.0%
From 52W High of $246.50
+56.2%
From 52W Low of $138.86
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Latest GRMN Stock Price Targets & Analyst Predictions

Based on our analysis of 19 Wall Street analysts, GRMN has a neutral consensus with a median price target of $197.28 (ranging from $185.00 to $285.00). The overall analyst rating is Buy (6.2/10). Currently trading at $216.83, the median forecast implies a -9.0% downside. This outlook is supported by 3 Buy, 4 Hold, and 3 Sell ratings.

The most optimistic forecast comes from Ivan Feinseth at Tigress Financial, projecting a 31.4% upside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

GRMN Analyst Ratings

3
Buy
4
Hold
3
Sell

GRMN Price Target Range

Low
$185.00
Average
$197.28
High
$285.00
Current: $216.83

Latest GRMN Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for GRMN.

Date Firm Analyst Rating Change Price Target
Feb 26, 2025 Tigress Financial Ivan Feinseth Strong Buy Maintains $285.00
Feb 20, 2025 JP Morgan Joseph Cardoso Neutral Maintains $260.00
Feb 20, 2025 Barclays George Wang Underweight Maintains $188.00
Dec 16, 2024 Tigress Financial Ivan Feinseth Strong Buy Maintains $265.00
Nov 1, 2024 Barclays George Wang Underweight Maintains $158.00
Sep 19, 2024 Tigress Financial Ivan Feinseth Strong Buy Maintains $215.00
Sep 13, 2024 Barclays George Wang Underweight Downgrade $133.00
Aug 1, 2024 Barclays George Wang Equal-Weight Maintains $181.00
May 22, 2024 B of A Securities Ronald Epstein Underperform Downgrade $150.00
May 14, 2024 Tigress Financial Ivan Feinseth Strong Buy Maintains $210.00
May 2, 2024 JP Morgan Joseph Cardoso Neutral Maintains $175.00
May 2, 2024 Barclays George Wang Equal-Weight Maintains $166.00
Apr 11, 2024 JP Morgan Joseph Cardoso Neutral Maintains $155.00
Apr 3, 2024 B of A Securities Ronald Epstein Neutral Maintains $165.00
Feb 27, 2024 Tigress Financial Ivan Feinseth Strong Buy Reiterates $175.00
Feb 22, 2024 Barrington Research Tim Long Equal-Weight Maintains $140.00
Jan 8, 2024 JP Morgan Samik Chatterjee Neutral Downgrade $135.00
Nov 2, 2023 JP Morgan Lauren Chung Overweight Maintains $135.00
Nov 2, 2023 Barclays George Kelly Equal-Weight Maintains $119.00
Nov 2, 2023 Morgan Stanley Erik Woodring Equal-Weight Maintains $100.00

Garmin Ltd. (GRMN) Competitors

The following stocks are similar to Garmin based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Garmin Ltd. (GRMN) Financial Data

Garmin Ltd. has a market capitalization of $41.72B with a P/E ratio of 29.7x. The company generates $6.30B in trailing twelve-month revenue with a 22.4% profit margin.

Revenue growth is +22.9% quarter-over-quarter, while maintaining an operating margin of +28.3% and return on equity of +19.0%.

Valuation Metrics

Market Cap $41.72B
Enterprise Value $39.72B
P/E Ratio 29.7x
PEG Ratio 29.1x
Price/Sales 6.6x

Growth & Margins

Revenue Growth (YoY) +22.9%
Gross Margin +59.3%
Operating Margin +28.3%
Net Margin +22.4%
EPS Growth -19.6%

Financial Health

Cash/Price Ratio +6.0%
Current Ratio 3.5x
Debt/Equity 2.1x
ROE +19.0%
ROA +10.9%
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Garmin Ltd. logo

Garmin Ltd. (GRMN) Business Model

About Garmin Ltd.

What They Do

Designs and manufactures navigation and communication devices.

Business Model

Garmin generates revenue by selling a diverse range of navigation, communication, and information devices across various sectors such as aviation, marine, automotive, fitness, and outdoor recreation. The company focuses on innovative solutions that cater to both consumer and professional markets, allowing it to tap into multiple revenue streams.

Additional Information

Founded in 1989 and headquartered in Switzerland, Garmin is recognized for its GPS technology and commitment to precision and user-friendliness. The company enhances safety and efficiency in navigation while promoting active lifestyles worldwide, positioning itself as a key player in the consumer electronics and professional device markets.

Company Information

Sector

Technology

Industry

Scientific & Technical Instruments

Employees

21,800

CEO

Mr. Clifton Albert Pemble

Country

Switzerland

IPO Year

2000

Garmin Ltd. (GRMN) Latest News & Analysis

GRMN stock latest news image
Quick Summary

Garmin's G3000ยฎ PRIME flight deck has been selected by Pilatus for the PC-7 MKX military training aircraft, marking its first entry into the military training market.

Why It Matters

Garmin's selection for the PC-7 MKX enhances its position in the military training market, potentially boosting revenue and investor confidence in future contracts.

Source: PRNewsWire
Market Sentiment: Neutral
GRMN stock latest news image
Quick Summary

Garmin (NYSE: GRMN) has partnered with Clippd to integrate data for golfers, enhancing performance insights and improvement strategies.

Why It Matters

Garmin's partnership with Clippd enhances its product offerings, potentially attracting more customers in the golf segment and boosting revenue, which can positively impact stock performance.

Source: PRNewsWire
Market Sentiment: Neutral
GRMN stock latest news image
Quick Summary

AAPL, GOOGL, GRMN, and META are expanding their presence in the Health and Fitness Wearables Market, indicating growth potential in this sector.

Why It Matters

Tech stocks entering the Health and Fitness Wearables Market indicate potential growth and revenue diversification, attracting investor interest in emerging trends and competitive positioning.

Source: Zacks Investment Research
Market Sentiment: Neutral
GRMN stock latest news image
Quick Summary

Garmin (NYSE: GRMN) has been awarded Supplier of the Year by Independent Boat Builders, Inc. for the second consecutive year, recognizing its outstanding service in marine electronics.

Why It Matters

Garmin's recognition as Supplier of the Year enhances its reputation, potentially driving sales and investor confidence in its marine electronics segment.

Source: PRNewsWire
Market Sentiment: Neutral
GRMN stock latest news image
Quick Summary

Garmin's G3000 PRIME flight deck has been chosen by Pilatus for its new PC-12 PRO aircraft, marking the first certified use of this technology.

Why It Matters

Garmin's G3000 PRIME selection for the PC-12 PRO enhances its market position in aviation tech, potentially boosting revenue and stock performance.

Source: PRNewsWire
Market Sentiment: Neutral
GRMN stock latest news image
Quick Summary

Garmin (NYSE: GRMN) is partnering with Harvard and Oxford on the Health and Happiness Study, collecting wellbeing data from over 10,000 participants via smart devices to inform public policies.

Why It Matters

Garmin's collaboration with prestigious institutions on a wellbeing study enhances its brand credibility and market potential, potentially driving growth in health-focused products and services.

Source: PRNewsWire
Market Sentiment: Neutral

Frequently Asked Questions About GRMN Stock

What is Garmin Ltd.'s (GRMN) stock forecast for 2025?

Based on our analysis of 19 Wall Street analysts, Garmin Ltd. (GRMN) has a median price target of $197.28. The highest price target is $285.00 and the lowest is $185.00.

Is GRMN stock a good investment in 2025?

According to current analyst ratings, GRMN has 3 Buy ratings, 4 Hold ratings, and 3 Sell ratings. The stock is currently trading at $216.83. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for GRMN stock?

Wall Street analysts predict GRMN stock could reach $197.28 in the next 12 months. This represents a -9.0% decrease from the current price of $216.83. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Garmin Ltd.'s business model?

Garmin generates revenue by selling a diverse range of navigation, communication, and information devices across various sectors such as aviation, marine, automotive, fitness, and outdoor recreation. The company focuses on innovative solutions that cater to both consumer and professional markets, allowing it to tap into multiple revenue streams.

What is the highest forecasted price for GRMN Garmin Ltd.?

The highest price target for GRMN is $285.00 from Ivan Feinseth at Tigress Financial, which represents a 31.4% increase from the current price of $216.83.

What is the lowest forecasted price for GRMN Garmin Ltd.?

The lowest price target for GRMN is $185.00 from at , which represents a -14.7% decrease from the current price of $216.83.

What is the overall GRMN consensus from analysts for Garmin Ltd.?

The overall analyst consensus for GRMN is neutral. Out of 19 Wall Street analysts, 3 rate it as Buy, 4 as Hold, and 3 as Sell, with a median price target of $197.28.

How accurate are GRMN stock price projections?

Stock price projections, including those for Garmin Ltd., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: March 27, 2025 1:47 PM UTC