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GRMN: Fitness And Wearables Momentum Will Drive Resilience Amid Macroeconomic Uncertainty

Published
08 Aug 24
Updated
03 Nov 25
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AnalystConsensusTarget's Fair Value
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1Y
-3.0%
7D
-5.1%

Author's Valuation

US$231.1411.8% undervalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on 03 Nov 25

Fair value Increased 5.87%

Garmin’s analyst price target has increased from $218.33 to $231.14. Analysts cite ongoing momentum in the company’s fitness and smart wearables segments, along with strong innovation and resilient demand.

Shared on 20 Oct 25

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Analysts have raised their price targets for Garmin, with recent updates showing increases ranging from $10 to $20 per share. They cite continued momentum in fitness and wearable segments as key drivers for future growth.

Shared on 05 Oct 25

Fair value Increased 1.55%

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Garmin's analyst price target has been raised modestly from $215 to approximately $218.33 per share. This adjustment reflects analysts' outlook for continued revenue growth and resilience in its core business segments.

Shared on 20 Sep 25

Fair value Increased 0.55%

Connect+ Service And Vívoactive 6 Will Expand Global Market Reach

Garmin's consensus price target was raised slightly to $215.00 as analysts cited strong execution, resilient demand in core segments, and improving gross margins, partially offset by ongoing caution about earnings sustainability. Analyst Commentary Recognition of Garmin's strong execution and continuous innovation driving incremental price target increases, despite overall cautious outlooks.

Shared on 07 May 25

Fair value Increased 3.87%

Connect+ Service And Vívoactive 6 Will Expand Global Market Reach

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 30 Apr 25

Fair value Decreased 0.22%

Connect+ Service And Vívoactive 6 Will Expand Global Market Reach

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 23 Apr 25

Fair value Decreased 2.41%

Connect+ Service And Vívoactive 6 Will Expand Global Market Reach

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 16 Apr 25

Connect+ Service And Vívoactive 6 Will Expand Global Market Reach

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 09 Apr 25

Fair value Decreased 3.22%

Connect+ Service And Vívoactive 6 Will Expand Global Market Reach

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Increased 2.37%

Connect+ Service And Vívoactive 6 Will Expand Global Market Reach

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

Fair value Increased 10%

Connect+ Service And Vívoactive 6 Will Expand Global Market Reach

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 19 Mar 25

Fair value Decreased 2.58%

Connect+ Service And Vívoactive 6 Will Expand Global Market Reach

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 10 Mar 25

Connect+ Service And Vívoactive 6 Will Expand Global Market Reach