GRMNGRMNTechnology · Scientific & Technical Instruments

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

Last close, 4 Nov 2026
$289
+6.55% on the day

The 9 Wall Street analysts covering Garmin Ltd. hold a median 12-month price target of $303 — +4.6% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 71 of 100 as at 3 Nov 2026 — in the upper half. Here, the model and the Street point the same way.

Market cap
$52.3B
Ticker Nerd rank
71/ 100
Median analyst target
$303
Analysts covering
9
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
+6.1%
1M
+2.9%
YTD
+44.3%
1Y
+43.1%
From 52W high
−7.3%
From 52W low
+57.1%
$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 3 Nov 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
96
Quality
90
Volatility
66
Momentum
64
Growth
60
Value
60
Issuance
60
Accruals
24
Size
5

Revisions (96): Analysts have, on balance, been raising their forecasts.

Accruals (24): 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 systematic trader with 15+ 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$400Jan 26Apr 26Jul 26Oct 26GRMNHigh $370Median $303Low $230

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 says9 analysts
3 Buy5 Hold1 Sell
Low $230Median $303High $370

The green dot is the last close — the median target sits +4.6% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 6 moved their price target up and 1 moved it down.

DateFirmActionRatingTarget
29 Oct 2026BarclaysMaintainsEqual-Weight$297 → $277
29 Oct 2026JP MorganMaintainsNeutral$295 → $310
29 Oct 2026Morgan StanleyMaintainsEqual-Weight$289 → $295
6 Aug 2026Tigress FinancialMaintainsStrong Buy$325 → $370
6 Aug 2026Tigress FinancialMaintainsStrong Buy—
30 July 2026BarclaysMaintainsEqual-Weight—
30 July 2026BarclaysMaintainsEqual-Weight$238 → $297
30 July 2026Morgan StanleyMaintainsEqual-Weight$249 → $289
30 July 2026Morgan StanleyMaintainsEqual-Weight—
20 May 2026Tigress FinancialMaintainsStrong Buy—
20 May 2026Tigress FinancialMaintainsStrong Buy$320 → $325
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—

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.

GRMN appears in the Radar on the weeks it earns a place.

  • Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
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The AI build-out map
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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 4 Nov 2026, Garmin Ltd. returned +43.1% against +14.8% for the S&P 500, dividends included.

GRMN vs S&P 500, last 12 monthsTotal return, rebased to 100
80100120140160Jan 26Apr 26Jul 26Oct 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 movingThis fiscal year
EPS revision, 90 days
+7.3%
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
26.1×

Cheaper than 29% of US stocks

Price / sales
6.6×

Cheaper than 18% of US stocks

Price / book
5.5×

Cheaper than 17% of US stocks

EV / EBITDA
20.8×

Cheaper than 14% of US stocks

Growth & margins
Revenue growth (YoY)
12.2%

Higher than 58% of US stocks

Earnings growth (YoY)
34.9%

Higher than 69% of US stocks

Gross margin
62.4%

Higher than 76% of US stocks

Operating margin
30.8%

Higher than 87% of US stocks

Net margin
25.6%

Higher than 86% of US stocks

Returns & dividend
Return on equity
22.4%

Higher than 83% of US stocks

Return on assets
12.3%

Higher than 95% of US stocks

Dividend yield
1.5%

Higher than 76% 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 $52.3B and an enterprise value of $50.2B.

  • Revenue in the twelve months to 30 June 2026: $7.7B. The latest quarter grew 12.2% 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: 26.1×; forward P/E: 23.7× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 1.55%, paying out 37% 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 5 Nov 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.$52.3B71
KEYSKeysight Technologies, Inc.$52.3B87
COHRCoherent Corp.$40.9B49
TDYTeledyne Technologies, Inc.$30.7B87
FTVFortive Corp.$19.9B89
TRMBTrimble, Inc.$15.6B87
MKSIMKS, Inc.$13.9B85

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

Deciphering Garmin (GRMN) International Revenue Trends

Zacks Investment Research · 2 Nov 2026neutral

The item reviews Garmin’s international revenue performance and discusses how it affects Wall Street analysts’ predictions and the stock’s future prospects.

Why it matters — GRMN watchers may find the review relevant to understanding how international revenue figures factor into analyst outlooks.

Garmin Q3 Earnings Call Highlights Growth and Cost Pressures

Zacks Investment Research · 29 Oct 2026neutral

Garmin reported record Q3 results and strong wearables demand, raising its 2026 outlook. The company also cited rising memory costs and margin pressures as concerns for 2027.

Why it matters — GRMN watchers may weigh the stronger near-term outlook against the cost and margin pressures identified for 2027.

Garmin celebrates global digital health innovation at 2026 Garmin Health Summit in Asia

PRNewsWire · 29 Oct 2026positive

Garmin announced the recipients of its 2026 Garmin Health Awards at its annual Garmin Health Summit in Asia. The event recognizes digital health solutions and brings together industry leaders from around the world.

Why it matters — The awards highlight Garmin’s activity in digital health and its engagement with health-industry leaders.

FAQ

Frequently asked questions about GRMN stock

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

The 9 Wall Street analysts covering Garmin Ltd. have a median 12-month price target of $303, with estimates ranging from $230 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 9 analysts covering Garmin Ltd., 3 rate it a Buy, 5 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 3 Nov 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank GRMN?

As at 3 Nov 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 (96 of 100).

Will GRMN stock go up?

No one can know that. What the data says: the median 12-month target from 9 analysts implies +4.6% from the last close, and Ticker Nerd's factor model ranks Garmin Ltd. 71 out of 100 as at 3 Nov 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: $230 to $370 over the next 12 months.

How has GRMN stock performed over the past year?

Garmin Ltd. returned +43.1% over the 12 months to 4 Nov 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Garmin Ltd. do?

Garmin Ltd. is a technology company that designs, manufactures, and markets GPS-enabled navigation, communication, sensing, and information products for consumers, professionals, and original equipment manufacturers.

What is the latest news on GRMN?

The most recent item we track (PRNewsWire, 3 Nov 2026): "Garmin introduces Descent X10, the essential dive computer for underwater adventures". Garmin announced the Descent X10, a new dive computer designed to provide divers of all experience levels with key dive information at a glance and simplify gear rentals.

Company

About Garmin Ltd.

Garmin Ltd. is a technology company that designs, manufactures, and markets GPS-enabled navigation, communication, sensing, and information products for consumers, professionals, and original equipment manufacturers. Its portfolio includes smartwatches and fitness devices for running, cycling, wellness tracking, and outdoor activities, along with health monitors, scales, sports equipment, and performance-analysis tools. Garmin also provides marine chartplotters, sonar systems, radar, autopilots, and other boating electronics; aviation navigation, flight-deck, communication, and safety systems; and automotive solutions for vehicle manufacturers. Its digital ecosystem includes Garmin Connect for activity, health, and workout tracking, as well as Connect IQ for compatible applications and device customization. The company serves the fitness, outdoor recreation, marine, aviation, automotive, and consumer electronics markets, combining location technology with sensors, connectivity, mapping, and specialized software. Headquartered in Schaffhausen, Switzerland, Garmin Ltd. plays a significant role in integrated navigation and connected-device markets.

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