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GRMN Stock Forecast: Garmin Ltd. Price Predictions for 2026

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$265.49

-2.03 (-0.76%)

GRMN Stock Forecast 2026-2027

$265.49
Current Price
$51.49B
Market Cap
8 Ratings
Buy 2
Hold 4
Sell 2
Wall St Analyst Ratings

Distance to GRMN Price Targets

+20.5%
To High Target of $320.00
-5.1%
To Median Target of $252.00
-17.1%
To Low Target of $220.00

GRMN Price Momentum

-0.1%
1 Week Change
+14.3%
1 Month Change
+38.7%
1 Year Change
+30.9%
Year-to-Date Change
-2.9%
From 52W High of $273.32
+48.5%
From 52W Low of $178.74
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Latest GRMN Stock Price Targets & Analyst Predictions

Based on our analysis of 20 Wall Street analysts, GRMN has a neutral consensus with a median price target of $252.00 (ranging from $220.00 to $320.00). The overall analyst rating is Buy (6.5/10). Currently trading at $265.49, the median forecast implies a -5.1% downside. This outlook is supported by 2 Buy, 4 Hold, and 2 Sell ratings.

The most optimistic forecast comes from Ivan Feinseth at Tigress Financial, projecting a 20.5% upside. Conversely, the most conservative target is provided by Joseph Cardoso at JP Morgan, suggesting a 17.1% downside.

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

2
Buy
4
Hold
2
Sell

GRMN Price Target Range

Low
$220.00
Average
$252.00
High
$320.00
Current: $265.49

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
Apr 16, 2026 JP Morgan Joseph Cardoso Neutral Maintains $285.00
Feb 20, 2026 Tigress Financial Ivan Feinseth Strong Buy Maintains $320.00
Feb 19, 2026 JP Morgan Joseph Cardoso Neutral Maintains $265.00
Feb 19, 2026 Morgan Stanley Erik Woodring Equal-Weight Upgrade $252.00
Jan 16, 2026 Barclays Tim Long Equal-Weight Upgrade $217.00
Dec 19, 2025 Tigress Financial Ivan Feinseth Strong Buy Maintains $310.00
Dec 3, 2025 Longbow Research David Macgregor Buy Upgrade $N/A
Oct 30, 2025 Barclays George Wang Underweight Maintains $208.00
Oct 30, 2025 Morgan Stanley Erik Woodring Underweight Maintains $195.00
Sep 30, 2025 Tigress Financial Ivan Feinseth Strong Buy Maintains $305.00
Sep 19, 2025 Morgan Stanley Erik Woodring Underweight Maintains $193.00
Jul 31, 2025 Barclays George Wang Underweight Maintains $167.00
Jul 31, 2025 Morgan Stanley Erik Woodring Underweight Maintains $186.00
Jul 17, 2025 JP Morgan Joseph Cardoso Neutral Maintains $250.00
May 1, 2025 JP Morgan Joseph Cardoso Neutral Maintains $215.00
May 1, 2025 Morgan Stanley Erik Woodring Underweight Maintains $172.00
Apr 30, 2025 Barclays George Wang Underweight Maintains $152.00
Apr 17, 2025 JP Morgan Joseph Cardoso Neutral Maintains $220.00
Feb 26, 2025 Tigress Financial Ivan Feinseth Strong Buy Maintains $285.00
Feb 20, 2025 JP Morgan Joseph Cardoso Neutral Maintains $260.00

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 $51.49B with a P/E ratio of 31.1x. The company generates $7.25B in trailing twelve-month revenue with a 23.0% profit margin.

Revenue growth is +16.6% quarter-over-quarter, while maintaining an operating margin of +28.9% and return on equity of +19.8%.

Valuation Metrics

Market Cap $51.49B
Enterprise Value $48.93B
P/E Ratio 31.1x
PEG Ratio 1.5x
Price/Sales 7.1x

Growth & Margins

Revenue Growth (YoY) +16.6%
Gross Margin +59.2%
Operating Margin +28.9%
Net Margin +23.0%
EPS Growth +21.3%

Financial Health

Cash/Price Ratio +5.4%
Current Ratio 3.6x
Debt/Equity 2.2x
ROE +19.8%
ROA +11.4%
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Garmin Ltd. logo

Garmin Ltd. (GRMN) Business Model

About Garmin Ltd.

What They Do

Provides GPS-enabled devices and wireless technology.

Business Model

Garmin generates revenue by designing, developing, manufacturing, and marketing a wide range of products across various segments, including fitness, outdoor, marine, aviation, and automotive. The company sells its devices directly to consumers and through OEM partnerships, while also offering software platforms for enhanced user engagement and data tracking.

Additional Information

Founded in Switzerland, Garmin is headquartered in Schaffhausen and has a global presence, catering to consumers, professionals, and OEM partners. The company's focus on durable, sensor-based hardware and software supports active lifestyles and various navigation needs.

Company Information

Sector

Technology

Industry

Scientific & Technical Instruments

Employees

23,000

CEO

Mr. Clifton Albert Pemble

Country

Switzerland

IPO Year

2000

Garmin Ltd. (GRMN) Latest News & Analysis

Featured Analysis
Powered by Zacks Investment Research

Comcast Gears Up to Report Q1 Earnings: What's in the Cards?

CMCSA heads into Q1 earnings with revenue growth expected but profit under pressure amid broadband losses, rising costs and heavy sports-driven spending.

Apr 21, 2026 By Zacks Equity Research Analyst Blog

Will Garmin (GRMN) Beat Estimates Again in Its Next Earnings Report?

Garmin (GRMN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Apr 20, 2026 By Zacks Equity Research Tale of the Tape

Garmin (GRMN) Is Up 4.10% in One Week: What You Should Know

Does Garmin (GRMN) have what it takes to be a top stock pick for momentum investors? Let's find out.

Apr 20, 2026 By Zacks Equity Research Tale of the Tape

Latest News

GRMN stock latest news image
Quick Summary

Garmin (GRMN) has a strong history of earnings surprises and appears well-positioned to exceed expectations in its upcoming quarterly report.

Why It Matters

Garmin's strong earnings surprise history and favorable indicators suggest potential positive performance in its upcoming quarterly report, influencing investor sentiment and stock valuation.

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

Garmin (GRMN) is being evaluated for its potential as a top stock pick for momentum investors. Further analysis is needed to determine its suitability.

Why It Matters

Garmin's potential as a momentum stock suggests it may attract investors seeking growth, impacting demand for its shares and influencing stock price trends.

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

Garmin (NYSE: GRMN) launched the D2โ„ข Mach 2 Pro smartwatch, featuring inReachยฎ technology for satellite and cellular connectivity, enhancing communication for aviators.

Why It Matters

Garmin's launch of the D2 Mach 2 Pro smartwatch enhances its product lineup and addresses a growing market for aviation tech, potentially boosting sales and investor confidence.

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

Garmin (GRMN) closed at $261.57, up 1.82% from the prior trading day.

Why It Matters

Garmin's 1.82% gain signals positive momentum, potentially attracting bullish sentiment and impacting trading strategies for investors looking at growth prospects.

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

Investors in Electronics - Miscellaneous Products should compare Mistras (MG) and Garmin (GRMN) to determine which stock currently provides better value.

Why It Matters

The comparison between Mistras and Garmin highlights potential investment opportunities, guiding value investors in making informed decisions based on current market conditions.

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

Health and fitness stocks COLM, GRMN, and OSW are expected to see gains in Q2 due to innovation, strong demand trends, and diverse revenue streams.

Why It Matters

COLM, GRMN, and OSW could see price increases due to strong innovation and demand in health and fitness, indicating potential growth and investment opportunities in this sector.

Source: Zacks Investment Research
Market Sentiment: Positive

Frequently Asked Questions About GRMN Stock

What is Garmin Ltd.'s (GRMN) stock forecast for 2026?

Based on our analysis of 20 Wall Street analysts, Garmin Ltd. (GRMN) has a median price target of $252.00. The highest price target is $320.00 and the lowest is $220.00.

Is GRMN stock a good investment in 2026?

According to current analyst ratings, GRMN has 2 Buy ratings, 4 Hold ratings, and 2 Sell ratings. The stock is currently trading at $265.49. 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 $252.00 in the next 12 months. This represents a -5.1% decrease from the current price of $265.49. 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 designing, developing, manufacturing, and marketing a wide range of products across various segments, including fitness, outdoor, marine, aviation, and automotive. The company sells its devices directly to consumers and through OEM partnerships, while also offering software platforms for enhanced user engagement and data tracking.

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

The highest price target for GRMN is $320.00 from Ivan Feinseth at Tigress Financial, which represents a 20.5% increase from the current price of $265.49.

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

The lowest price target for GRMN is $220.00 from Joseph Cardoso at JP Morgan, which represents a -17.1% decrease from the current price of $265.49.

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

The overall analyst consensus for GRMN is neutral. Out of 20 Wall Street analysts, 2 rate it as Buy, 4 as Hold, and 2 as Sell, with a median price target of $252.00.

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: April 22, 2026 6:44 AM UTC
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