GRMNGRMNTechnology · Scientific & Technical Instruments

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

Last close, 24 Sept 2026
$295
+2.59% on the day

The 7 Wall Street analysts covering Garmin Ltd. hold a median 12-month price target of $296 — +0.3% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 71 of 100 as at 23 Sept 2026 — in the upper half. Here, the model and the Street point the same way.

Market cap
$55.5B
Ticker Nerd rank
71 / 100
Median analyst target
$296
Analysts covering
7
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
+7.2%
1M
+1.7%
YTD
+47.2%
1Y
+26.8%
From 52W high
−5.4%
From 52W low
+60.3%
$184
$312
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 23 Sept 2026
71 / 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
Volatility
90
Quality
89
Momentum
72
Issuance
58
Value
57
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 $296Low $231

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 says7 analysts
2 Buy4 Hold1 Sell
Low $231Median $296High $370

The green dot is the last close — the median target sits +0.3% 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 24 Sept 2026, Garmin Ltd. returned +26.8% against +17.4% 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
+5.7%
Analysts raising
1
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
29.8×

Cheaper than 26% of US stocks

Price / sales
7.3×

Cheaper than 18% of US stocks

Price / book
6.2×

Cheaper than 17% of US stocks

EV / EBITDA
22.9×

Cheaper than 13% 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 34% 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 $55.5B and an enterprise value of $53.0B.

  • 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: 29.8×; forward P/E: 26.2× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 1.46%, 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 24 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.$55.5B
71
COHRCoherent Corp.$56.4B
49
KEYSKeysight Technologies, Inc.$60.6B
89
TDYTeledyne Technologies, Inc.$28.8B
85
FTVFortive Corp.$17.9B
86
MKSIMKS, Inc.$17.8B
91
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

Garmin Ltd. schedules third quarter 2026 earnings call

PRNewsWire · 23 Sept 2026neutral

Garmin Ltd. announced that it has scheduled its third quarter 2026 earnings call. The announcement was issued from Schaffhausen, Switzerland.

Why it matters — A Garmin watcher would care because the scheduled earnings call marks the upcoming opportunity to review the company's quarterly financial results.

Oura's $15.6 Billion IPO Is Betting Investors See More Than a Smart Ring

MarketBeat · 22 Sept 2026neutral

Oura Inc. (NASDAQ: OURA) launched its IPO roadshow on Sept. 21, 2026, targeting a Nasdaq debut under the ticker OURA the week of Sept. The offering is valued at $15.6 billion and centers on investors seeing more than a smart ring.

Why it matters — As a competing wearable-device maker going public, Oura's market reception offers Garmin watchers a signal about investor appetite in the broader connected-wearables space.

Garmin rolls out new feature updates for select smartwatches and cycling computers

PRNewsWire · 22 Sept 2026positive

Garmin announced new software and feature updates for select smartwatches, including the fēnix 8, Forerunner 570, Forerunner 970, Venu 4, and vívoactive 6, as well as compatible Edge cycling computers. The latest release includes fall detection, hands-free voice control, and new running plans.

Why it matters — The ongoing rollout of new features across key product lines may help maintain device appeal and support customer retention across Garmin's smartwatch and cycling computer segments.

Bring digital flagging to the race vehicle with Garmin Catalyst 2 via MYLAPS X2 RaceLink Club integration

PRNewsWire · 22 Sept 2026positive

Garmin announced a real-time racing solution, described as the first of its kind, that integrates MYLAPS advanced racing technology into the Garmin motorsports product line. The solution, part of the Garmin Catalyst 2 via the MYLAPS X2 RaceLink Club integration, allows drivers to view digital flag signals and changing track conditions from the cockpit.

Why it matters — This expands Garmin's motorsports product line with a new racing technology integration that broadens its offerings in the racing market.

Garmin (GRMN) Outperforms Broader Market: What You Need to Know

Zacks Investment Research · 21 Sept 2026positive

Garmin (GRMN) closed at $280.31 in the latest trading session, a +2.28% gain from the previous day, outperforming the broader market.

Why it matters — The single-day gain shows Garmin's stock recently moving more strongly than the wider market, which is relevant for investors tracking its trading performance.

FAQ

Frequently asked questions about GRMN stock

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

The 7 Wall Street analysts covering Garmin Ltd. have a median 12-month price target of $296, with estimates ranging from $231 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 7 analysts covering Garmin Ltd., 2 rate it a Buy, 4 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks Garmin Ltd. 71 out of 100 across roughly 4,600 US stocks as at 23 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank GRMN?

As at 23 Sept 2026, Garmin Ltd. ranks 71 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 7 analysts implies +0.3% from the last close, and Ticker Nerd's factor model ranks Garmin Ltd. 71 out of 100 as at 23 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: $231 to $370 over the next 12 months.

How has GRMN stock performed over the past year?

Garmin Ltd. returned +26.8% over the 12 months to 24 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 (PRNewsWire, 23 Sept 2026): "Garmin Ltd. schedules third quarter 2026 earnings call". Garmin Ltd. announced that it has scheduled its third quarter 2026 earnings call. The announcement was issued from Schaffhausen, Switzerland.

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