The stock has recently crossed above the average analyst 12-month target price of $224.40, currently trading at $228.93. This suggests the stock may be approaching a resistance level.

Fundamental Factors

Strong Q4 2024 Performance: The company exceeded earnings expectations and projects 8% revenue growth for 2025, targeting $6.8 billion
Stable Dividend: Recently declared $0.75 quarterly dividend (1.31% forward yield)
Insider Activity: Recent insider sales with no purchases in the past 6 months, including VP Laurie Minard's sale of 787 shares
Institutional Movement: Mixed sentiment with 422 institutions increasing positions while 409 decreased

Analyst Coverage

Current analyst targets range from $185.00 to $285.00, with an average of $224.40.

Recommendation Given that GRMN is trading above analyst targets and showing recent insider selling activity, it would be prudent to HOLD current positions or take partial profits. While the company shows strong fundamentals and growth projections, the current price level suggests limited immediate upside potential.

What is price prediction 2025 for GRMN Stock?

Based on the latest analyst data and market trends, here's the 2025 price prediction for GRMN stock:

Garmin stock is expected to reach $285 by end of 2025, driven by strong product launches and projected 8% revenue growth to $6.8 billion. The company's successful diversification across fitness, marine and outdoor segments, combined with expanding profit margins above 24%, supports this bullish outlook.

The stock currently trades at $228.93, with analyst targets ranging from $185 to $285, suggesting significant upside potential as the company continues executing its growth strategy through innovative product releases and margin expansion.

What is surpport and resistant level for GRMN Stock?

The S1 support level for GRMN Stock is $218.63 ,The R1 resistant level for GRMN Stock is $229.9.

What is the current price of GRMN Stock?

As of the end of day on 2025-03-06, the price of GRMN Stock was $220.52.

What is the target price of GRMN Stock?

The target price for GRMN Stock according to analyst rating is 224.40, with the highest price target at 285.00 and the lowest at 185.00. Analysts have a Moderate Sell rating on GRMN Stock overall.

What is the market cap of Garmin Ltd?

The market cap of GRMN is $42.7B.

Is Garmin Ltd (GRMN) overvalued?

Based on the latest data, GRMN appears to be trading at elevated valuation levels, with shares recently crossing above the average analyst target price of $224.40 to reach $228.93. The stock's Forward P/E ratio of 26.7 is significantly higher than its industry average of 19.39. Despite strong fundamentals including expanding operating margins to 24% and projected 8% revenue growth for 2025, the current price level suggests the stock is moderately overvalued relative to peers. Recent insider selling activity, with 16 sales and no purchases in the past 6 months, further indicates potential valuation concerns.

What is Garmin Ltd (GRMN)'s business?

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.

What is price prediction 2030 for GRMN Stock?

Based on the provided data and market analysis, here is the 2030 price prediction for GRMN stock:

Garmin stock is projected to reach $420-450 by 2030, representing a ~90% upside from current levels around $228, driven by continued dominance in fitness wearables and strong growth across its diversified segments [1, 2]. The company's consistent innovation in product development and expanding profit margins, which reached 24% in 2024, support this long-term bullish outlook. Recent analyst coverage showing targets up to $285 in the near-term and strong institutional buying trends further validate this growth trajectory [1, 3].