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GRMN Stock Forecast: Garmin Ltd. Price Predictions for 2026-2027

Last close, 3 Sept 2026
$277
+0.41% on the day

The 8 Wall Street analysts covering Garmin Ltd. hold a median 12-month price target of $295 — +6.4% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 70 of 100 as at 2 Sept 2026 — in the upper half. Here, the model and the Street point the same way.

Market cap
$53.1B
Ticker Nerd rank
70 / 100
Median analyst target
$295
Analysts covering
8
Revenue$2.0B+11.4% y/y
Operating income$615.5M
Net income$541.9M
Free cash flow$275.8M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−4.4%
1M
−9.0%
YTD
+37.8%
1Y
+18.9%
From 52W high
−11.5%
From 52W low
+50.0%
$185
$313
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

GRMN stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Garmin Ltd. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 2 Sept 2026
70 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Revisions
92
Quality
90
Volatility
88
Momentum
69
Issuance
58
Value
55
Growth
47
Accruals
30
Size
5

Revisions (92): Analysts have, on balance, been raising their forecasts.

Accruals (30): A large share of reported profit has not shown up as cash, or the balance sheet is expanding quickly — both tend to unwind.

Size (5): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

GRMN stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on GRMN, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$200$250$300$350$400Oct 25Jan 26Apr 26Jul 26GRMNHigh $370Median $295Low $220

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says8 analysts
2 Buy4 Hold2 Sell
Low $220Median $295High $370

The green dot is the last close — the median target sits +6.4% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 4 moved their price target up and 0 moved it down.

DateFirmActionRatingTarget
6 Aug 2026Tigress FinancialMaintainsStrong Buy$325 → $370
30 July 2026BarclaysMaintainsEqual-Weight$238 → $297
30 July 2026Morgan StanleyMaintainsEqual-Weight$249 → $289
20 May 2026Tigress FinancialMaintainsStrong Buy$320 → $325
20 May 2026Tigress FinancialMaintainsStrong Buy—
30 Apr 2026BarclaysMaintainsEqual-Weight—
16 Apr 2026JP MorganMaintainsNeutral—
20 Feb 2026Tigress FinancialMaintainsStrong Buy—
19 Feb 2026JP MorganMaintainsNeutral—
19 Feb 2026Morgan StanleyUpgradeEqual-Weight—
16 Jan 2026BarclaysUpgradeEqual-Weight—
19 Dec 2025Tigress FinancialMaintainsStrong Buy—
3 Dec 2025Longbow ResearchUpgradeBuy—
30 Oct 2025BarclaysMaintainsUnderweight—
30 Oct 2025Morgan StanleyMaintainsUnderweight—
30 Sept 2025Tigress FinancialMaintainsStrong Buy—
19 Sept 2025Morgan StanleyMaintainsUnderweight—
31 July 2025BarclaysMaintainsUnderweight—
31 July 2025Morgan StanleyMaintainsUnderweight—
17 July 2025JP MorganMaintainsNeutral—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. GRMN appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

GRMN vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 3 Sept 2026, Garmin Ltd. returned +18.9% against +21.4% for the S&P 500, dividends included.

GRMN vs S&P 500, last 12 monthsTotal return, rebased to 100
8090100110120130140Oct 25Jan 26Apr 26Jul 26GRMNS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

GRMN analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+6.0%
Analysts raising
7
Analysts cutting
0
Fundamentals

Garmin Ltd. (GRMN) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
28.4×

Cheaper than 28% of US stocks

Price / sales
6.9×

Cheaper than 19% of US stocks

Price / book
5.9×

Cheaper than 18% of US stocks

EV / EBITDA
21.9×

Cheaper than 14% of US stocks

Growth & margins
Revenue growth (YoY)
11.4%

Higher than 56% of US stocks

Earnings growth (YoY)
35.2%

Higher than 69% of US stocks

Gross margin
62.4%

Higher than 76% of US stocks

Operating margin
30.4%

Higher than 87% of US stocks

Net margin
24.5%

Higher than 85% of US stocks

Returns & dividend
Return on equity
21.9%

Higher than 83% of US stocks

Return on assets
12.2%

Higher than 95% of US stocks

Dividend yield
1.5%

Higher than 35% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Garmin Ltd. (GRMN) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Garmin Ltd. has a market value of $53.1B and an enterprise value of $50.6B.

  • Revenue in the twelve months to 30 June 2026: $7.7B. The latest quarter grew 11.4% year on year.

  • Net income over the same four quarters: $1.9B, a 24.5% net margin.

  • Diluted earnings per share, trailing twelve months: $9.70.

  • Free cash flow in the twelve months to 30 June 2026: $1.6B.

  • Garmin Ltd. spent $722.2M on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 192.9M.

  • Trailing P/E: 28.4×; forward P/E: 25.0× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 1.53%, paying out 39% of earnings.

  • Garmin Ltd. employs 23,000 people — $334K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 3 Sept 2026

Data provided by Twelve Data

Peers

GRMN vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelScientific & Technical Instruments
CompanyMarket capTKN rank
GRMNGarmin Ltd.$53.1B
70
KEYSKeysight Technologies, Inc.$55.2B
89
COHRCoherent Corp.$50.4B
47
TDYTeledyne Technologies, Inc.$28.1B
84
FTVFortive Corp.$18.0B
86
MKSIMKS, Inc.$17.0B
90
TRMBTrimble, Inc.$14.1B
86

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Garmin Ltd. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest GRMN news & analysis

DAKT or GRMN: Which Is the Better Value Stock Right Now?

Zacks Investment Research · 1 Sept 2026neutral

Zacks Investment Research published a comparison of Daktronics (DAKT) and Garmin (GRMN) as potential value stocks in the Electronics - Miscellaneous Products sector. The article weighs which of the two companies offers the better option for investors seeking undervalued stocks.

Why it matters — The article provides a sector-based valuation comparison that GRMN watchers would use to assess how the company stacks up against a peer in the electronics space.

Garmin launches innovative SmartDrive autopilot for sailboats and catamarans

PRNewsWire · 1 Sept 2026positive

Garmin announced the launch of SmartDrive, a new autopilot system for sailboats and catamarans that uses a brushless linear actuator, built-in ECU, and rudder feedback sensor for improved durability and reliability, and simplified installation.

Why it matters — The launch signals Garmin's continued expansion and innovation in its marine electronics product line.

See all essential data on a sleek, high-resolution color display with the intuitive GMI 40 from Garmin

PRNewsWire · 1 Sept 2026positive

Garmin unveiled the GMI 40, a multipurpose marine instrument with a high-resolution color display that integrates with other Garmin onboard electronics to display live boating data in a readable format. The company described itself as the world's largest and most innovative marine electronics manufacturer.

Why it matters — A new marine instrument launch expands Garmin's product lineup in a key segment it positions as a market leader, which could support its ongoing growth in marine electronics.

Boost the audio experience with JL Audio M200 marine speakers and subwoofers from Garmin

PRNewsWire · 1 Sept 2026positive

Garmin announced the launch of JL Audio M200 marine speakers and subwoofers, a new audio series featuring a fresh design and high-performance sound to enhance the onboard marine experience. The products expand the JL Audio M-series as part of Garmin's marine electronics lineup.

Why it matters — This product launch expands Garmin's marine audio portfolio, potentially strengthening its position in the marine electronics market.

Garmin unveils JL Audio A60 advanced marine head units

PRNewsWire · 1 Sept 2026positive

Garmin announced the JL Audio A60 and A60-H marine head units, which combine the company's built-in DSP and Easy Tune features with a choice of modern or compact hideaway designs. The launch is part of Garmin's marine electronics product line announced from Olathe, Kansas.

Why it matters — This new product announcement expands Garmin's marine audio lineup, reinforcing its position in the marine electronics market that is relevant to its overall business.

FAQ

Frequently asked questions about GRMN stock

What is the GRMN stock price forecast for 2026-2027?

The 8 Wall Street analysts covering Garmin Ltd. have a median 12-month price target of $295, with estimates ranging from $220 to $370. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is GRMN stock a buy right now?

Of the 8 analysts covering Garmin Ltd., 2 rate it a Buy, 4 a Hold and 2 a Sell. Ticker Nerd's systematic factor model ranks Garmin Ltd. 70 out of 100 across roughly 4,600 US stocks as at 2 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank GRMN?

As at 2 Sept 2026, Garmin Ltd. ranks 70 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Revisions (92 of 100).

Will GRMN stock go up?

No one can know that. What the data says: the median 12-month target from 8 analysts implies +6.4% from the last close, and Ticker Nerd's factor model ranks Garmin Ltd. 70 out of 100 as at 2 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the GRMN stock forecast for 2030?

No analyst covering Garmin Ltd. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for GRMN are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $220 to $370 over the next 12 months.

How has GRMN stock performed over the past year?

Garmin Ltd. returned +18.9% over the 12 months to 3 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Garmin Ltd. do?

Garmin Ltd. is a global technology company that designs, manufactures, and markets GPS-enabled navigation, communication, and information products.

What is the latest news on GRMN?

The most recent item we track (Zacks Investment Research, 1 Sept 2026): "DAKT or GRMN: Which Is the Better Value Stock Right Now?". Zacks Investment Research published a comparison of Daktronics (DAKT) and Garmin (GRMN) as potential value stocks in the Electronics - Miscellaneous Products sector. The article weighs which of the two companies offers the better option for investors seeking undervalued stocks.

Company

About Garmin Ltd.

Garmin Ltd. is a global technology company that designs, manufactures, and markets GPS-enabled navigation, communication, and information products. Garmin’s current business is organized around fitness, outdoor, aviation, marine, and automotive OEM segments, serving consumers, professionals, and original equipment manufacturers with devices and software for tracking activity, navigating routes, monitoring performance, and managing connected systems. Its product range includes smartwatches, cycling computers, handheld devices, satellite communicators, marine electronics, aircraft avionics, and automotive navigation and infotainment solutions. The company also supports its hardware with digital platforms and services that help users analyze fitness and wellness data, access mapping, and extend device functionality. Headquartered in Schaffhausen, Switzerland, Garmin plays a significant role in the wearable technology, navigation, aviation, and marine electronics markets.

CEO Mr. Clifton Albert Pemble · 23,000 employees · Switzerland · https://www.garmin.com