Garmin Stock Performance: Garmin (GRMN) closed at $234.18, down 1.05%, underperforming the S&P 500, which fell 0.1%. The company is set to report earnings with an expected EPS of $1.98 and revenue of $1.78 billion, reflecting a 12.35% increase year-over-year.
Analyst Estimates and Zacks Rank: Recent analyst estimate revisions indicate optimism for Garmin, with a Zacks Rank of #2 (Buy). The company has a Forward P/E ratio of 29.34, higher than the industry average of 20.93, and a PEG ratio of 2.63 compared to the industry average of 1.88.
GRMN
$207.71+Infinity%1D
Analyst Views on GRMN
Wall Street analysts forecast GRMN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GRMN is 228.60 USD with a low forecast of 185.00 USD and a high forecast of 305.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
Wall Street analysts forecast GRMN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GRMN is 228.60 USD with a low forecast of 185.00 USD and a high forecast of 305.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Buy
2 Hold
3 Sell
Moderate Sell
Current: 208.360
Low
185.00
Averages
228.60
High
305.00
Current: 208.360
Low
185.00
Averages
228.60
High
305.00
Longbow
David MacGregor
Neutral
to
Buy
upgrade
$250
2025-12-03
Reason
Longbow
David MacGregor
Price Target
$250
2025-12-03
upgrade
Neutral
to
Buy
Reason
Longbow analyst David MacGregor upgraded Garmin to Buy from Neutral with a $250 price target. The says the recent 25% selloff in the shares is an overreaction to the prospect of the company's 2026 revenue growth being hurt by a revenue gap in the automotive business in the first half of 2026. Garmin will post "another year of impressive growth" in 2026, the analyst tells investors in a research note. Longbow sees a good entry point at current levels.
Barclays
Underweight
maintain
$167 -> $208
2025-10-30
Reason
Barclays
Price Target
$167 -> $208
2025-10-30
maintain
Underweight
Reason
Barclays raised the firm's price target on Garmin to $208 from $167 and keeps an Underweight rating on the shares following the Q3 beat. The company's Fitness, Aviation and Marine segments continued to surprise to the upside while Outdoor disappointed, the analyst tells investors in a research note. Barclays believes Garmin's visibility remains challenging across the Fitness and Outdoor verticals.
Tigress Financial
Ivan Feinseth
Strong Buy
maintain
$285 -> $305
2025-09-30
Reason
Tigress Financial
Ivan Feinseth
Price Target
$285 -> $305
2025-09-30
maintain
Strong Buy
Reason
Tigress Financial analyst Ivan Feinseth raised the firm's price target on Garmin to $305 from $285 and keeps a Strong Buy rating on the shares. Garmin will continue to benefit from accelerating revenue growth, driven by ongoing strength in fitness and smart wearables, says the analyst, who notes that the firm's raised target represents a potential total return of over 25% from current levels.
Morgan Stanley
Underweight
maintain
$186 -> $193
2025-09-19
Reason
Morgan Stanley
Price Target
$186 -> $193
2025-09-19
maintain
Underweight
Reason
Morgan Stanley raised the firm's price target on Garmin to $193 from $186 and keeps an Underweight rating on the shares. Garmin remains a well-executing and highly-innovative company, the analyst tells investors in a research note.
About GRMN
Garmin Ltd. (Garmin) is a Switzerland-based entity. The Company and its subsidiaries offer global positioning system (GPS) navigation and wireless devices and applications. The Company operates through five segments: fitness, outdoor, aviation, marine and auto. It offers a range of auto navigation products, as well as a range of products and applications designed for the mobile GPS market. It offers Outdoor Handhelds, Wearable Devices, Golf Devices, and Dog Tracking and Training/Pet Obedience Devices. Garmin offers various products designed for use in fitness and activity tracking. Company’s aviation business segment is a provider of solutions to aircraft manufacturers, existing aircraft owners and operators, as well as military and government customers and serves a range of aircraft, including transport aircraft, business aviation, general aviation, experimental/light sport, helicopters, optionally piloted vehicles, and unmanned aerial vehicles. Company operates worldwide.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
