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GRMN Stock Forecast: Garmin Ltd. Price Predictions for 2027

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$241.76

+0.37 (0.15%)

GRMN Stock Forecast 2026-2027

$241.76
Current Price
$46.55B
Market Cap
8 Ratings
Buy 2
Hold 4
Sell 2
Wall St Analyst Ratings

Distance to GRMN Price Targets

+34.4%
To High Target of $325.00
+3.0%
To Median Target of $249.00
-9.0%
To Low Target of $220.00

GRMN Price Momentum

-1.1%
1 Week Change
+2.9%
1 Month Change
+9.5%
1 Year Change
+19.2%
Year-to-Date Change
-11.5%
From 52W High of $273.32
+29.5%
From 52W Low of $186.67
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Latest GRMN Stock Price Targets & Analyst Predictions

Based on our analysis of 2 Wall Street analysts, GRMN has a neutral consensus with a median price target of $249.00 (ranging from $220.00 to $325.00). The overall analyst rating is Buy (6.5/10). Currently trading at $241.76, the median forecast implies a 3.0% upside. 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 34.4% 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

2
Buy
4
Hold
2
Sell

GRMN Price Target Range

Low
$220.00
Average
$249.00
High
$325.00
Current: $241.76

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
May 20, 2026 Tigress Financial Ivan Feinseth Strong Buy Maintains $325.00
Apr 30, 2026 Barclays Equal-Weight Maintains $N/A
Apr 16, 2026 JP Morgan Neutral Maintains $N/A
Feb 20, 2026 Tigress Financial Strong Buy Maintains $N/A
Feb 19, 2026 JP Morgan Neutral Maintains $N/A
Feb 19, 2026 Morgan Stanley Equal-Weight Upgrade $N/A
Jan 16, 2026 Barclays Equal-Weight Upgrade $N/A
Dec 19, 2025 Tigress Financial Strong Buy Maintains $N/A
Dec 3, 2025 Longbow Research Buy Upgrade $N/A
Oct 30, 2025 Morgan Stanley Underweight Maintains $N/A
Oct 30, 2025 Barclays Underweight Maintains $N/A
Sep 30, 2025 Tigress Financial Strong Buy Maintains $N/A
Sep 19, 2025 Morgan Stanley Underweight Maintains $N/A
Jul 31, 2025 Barclays Underweight Maintains $N/A
Jul 31, 2025 Morgan Stanley Underweight Maintains $N/A
Jul 17, 2025 JP Morgan Neutral Maintains $N/A
May 1, 2025 JP Morgan Neutral Maintains $N/A
May 1, 2025 Morgan Stanley Underweight Maintains $N/A
Apr 30, 2025 Barclays Underweight Maintains $N/A
Apr 17, 2025 JP Morgan Neutral Maintains $N/A

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 $46.55B with a P/E ratio of 26.9x. The company generates $7.46B in trailing twelve-month revenue with a 23.3% profit margin.

Revenue growth is +14.2% quarter-over-quarter, while maintaining an operating margin of +24.6% and return on equity of +19.9%.

Valuation Metrics

Market Cap $46.55B
Enterprise Value $44.50B
P/E Ratio 26.9x
PEG Ratio 1.3x
Price/Sales 6.2x

Growth & Margins

Revenue Growth (YoY) +14.2%
Gross Margin +59.4%
Operating Margin +24.6%
Net Margin +23.3%
EPS Growth +21.7%

Financial Health

Cash/Price Ratio +5.8%
Current Ratio 4.4x
Debt/Equity 2.3x
ROE +19.9%
ROA +11.9%
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Garmin Ltd. logo

Garmin Ltd. (GRMN) Business Model

About Garmin Ltd.

What They Do

Develops navigation and communication devices.

Business Model

Garmin generates revenue through the sale of GPS-enabled devices across five key sectors: marine, outdoor, fitness, automotive, and aviation. The company focuses on a vertically integrated model, controlling all aspects of design and manufacturing to enhance user experience and product performance.

Additional Information

Founded in 1989 and headquartered in Schaffhausen, Switzerland, Garmin has a significant global presence, particularly in North America and Europe. Its diverse product portfolio includes smartwatches, fitness trackers, automotive solutions, and avionics systems, catering to both consumer and professional markets.

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

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Latest News

GRMN stock latest news image
Quick Summary

Garmin (NYSE: GRMN) launched AXISโ„ข, a new family of integrated flight displays for certified, experimental, and LSA aircraft, combining multiple cockpit functions into a single display.

Why It Matters

Garmin's AXIS flight display innovation enhances cockpit technology, potentially increasing demand in the aviation sector, boosting revenue, and positively impacting GRMN's stock performance.

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

A curated list of 50 dividend growth stocks returned 8.69% YTD, underperforming SPY and SCHD. 39 stocks have a forward return estimate of at least 10%, with 22 seen as undervalued.

Why It Matters

The excerpt highlights potential investment opportunities in undervalued dividend growth stocks with strong future return estimates, signaling possible gains compared to broader market indices.

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

Garmin (NYSE: GRMN) is expanding its SmartCharts feature to Canada and Mexico and has updated the Garmin Pilot app for Apple devices, enhancing flight planning and data products.

Why It Matters

Garmin's SmartCharts expansion into Canada and Mexico signals growth potential, enhancing its competitive position in the aviation tech market, which could positively impact stock performance.

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

Garmin (NYSE: GRMN) launched the LiveScope 2 Series, improving live sonar imaging with better clarity, range, and installation, enhancing its marine electronics offerings.

Why It Matters

Garmin's launch of LiveScope 2 enhances its competitive edge in marine electronics, potentially boosting sales and market share, which could positively impact stock performance.

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

Investors in the Electronics - Miscellaneous Products sector are evaluating Daktronics (DAKT) and Garmin (GRMN) for potential value investment opportunities.

Why It Matters

The comparison between Daktronics and Garmin highlights potential investment opportunities, signaling shifts in valuation that could impact stock performance and investor decisions.

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

Garmin Ltd. (NYSE: GRMN) will hold its Q2 2026 earnings conference call on July 29, 2026, at 10:30 a.m. for shareholders and investors.

Why It Matters

Garmin's upcoming earnings call on July 29 will provide insights into its Q2 2026 performance, influencing stock valuation and investment decisions based on financial results and forecasts.

Source: PRNewsWire
Market Sentiment: Neutral

Frequently Asked Questions About GRMN Stock

What is Garmin Ltd.'s (GRMN) stock forecast for 2027?

Based on our analysis of 2 Wall Street analysts, Garmin Ltd. (GRMN) has a median price target of $249.00. The highest price target is $325.00 and the lowest is $220.00.

Is GRMN stock a good investment in 2027?

According to current analyst ratings, GRMN has 2 Buy ratings, 4 Hold ratings, and 2 Sell ratings. The stock is currently trading at $241.76. 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 $249.00 in the next 12 months. This represents a 3.0% increase from the current price of $241.76. 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 through the sale of GPS-enabled devices across five key sectors: marine, outdoor, fitness, automotive, and aviation. The company focuses on a vertically integrated model, controlling all aspects of design and manufacturing to enhance user experience and product performance.

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

The highest price target for GRMN is $325.00 from Ivan Feinseth at Tigress Financial, which represents a 34.4% increase from the current price of $241.76.

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

The lowest price target for GRMN is $220.00 from at , which represents a -9.0% decrease from the current price of $241.76.

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

The overall analyst consensus for GRMN is neutral. Out of 2 Wall Street analysts, 2 rate it as Buy, 4 as Hold, and 2 as Sell, with a median price target of $249.00.

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: July 16, 2026 2:33 AM UTC
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