Garmin (GRMN) Stock Overview
Designs, develops, manufactures, markets, and distributes a diverse range of GPS-enabled products and navigation, communications, sensor-based, and information products and services worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
GRMN Community Fair Values
Create NarrativeSee what 85 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Garmin Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$242.42 |
| 52 Week High | US$273.32 |
| 52 Week Low | US$184.47 |
| Beta | 0.97 |
| 1 Month Change | 2.04% |
| 3 Month Change | 20.22% |
| 1 Year Change | 26.41% |
| 3 Year Change | 133.59% |
| 5 Year Change | 68.86% |
| Change since IPO | 2,324.20% |
Recent News & Updates
Garmin: A Strong Q1 To Start The Year But There Could Be Back-Half Headwinds
Apr 30
GRMN: Premium AI And Product Cycle Expectations Will Likely Disappoint
Analysts held the fair value estimate for Garmin at $220. A series of higher price targets and updated models citing outperformance, expected new product launches, AI enabled services, expanding distribution and fitness momentum led to slightly higher revenue growth, discount rate and future P/E assumptions in the refreshed narrative.Recent updates
Garmin: A Strong Q1 To Start The Year But There Could Be Back-Half Headwinds
Apr 30GRMN: Premium AI And Product Cycle Expectations Will Likely Disappoint
Analysts held the fair value estimate for Garmin at $220. A series of higher price targets and updated models citing outperformance, expected new product launches, AI enabled services, expanding distribution and fitness momentum led to slightly higher revenue growth, discount rate and future P/E assumptions in the refreshed narrative.GRMN: New AI Services And Product Cycle Will Temper Overstretched Expectations
Garmin's analyst price target in this narrative update shifts from $185 to $220 as analysts factor in stronger earnings projections, expectations for multiple new product launches, and a customer base viewed as less sensitive to economic swings. Analyst Commentary Recent Street research shows a wide range of opinions on Garmin, with higher price targets paired with very different ratings.
GRMN: AI Services And Fitness Momentum Will Support Strong Long Term Upside
Narrative Update The analyst price target for Garmin has moved to $320 from $310, supported by analysts citing stronger revenue growth assumptions, a modestly lower discount rate, resilient margins, and a slightly higher future P/E multiple tied to expectations for new products, AI enabled services, and ongoing fitness momentum. Analyst Commentary Recent research points to a split view on Garmin, with several bullish analysts lifting price targets and highlighting growth drivers, while at least one major firm keeps a more cautious stance even after raising its target.
GRMN: Fitness Momentum And AI Services Will Support Premium P/E Upside
The analyst fair value estimate for Garmin has been raised from $235.25 to $260.25, reflecting Street analysts' higher price targets tied to expectations for stronger revenue, fitness momentum into 2026, new AI enabled services, and a customer base viewed as less sensitive to economic swings. Analyst Commentary Street research on Garmin has turned more constructive overall, but opinions are still split on how much upside is left at current levels.GRMN: Fitness Momentum And 2026 Framework Will Drive Strong Future Upside
Analysts have lifted their Garmin price targets to a range of about $240 to $265, reflecting higher assumed revenue growth and support from recent research that highlights ongoing fitness momentum and updated 2026 guidance. Analyst Commentary Recent Street research on Garmin points to a more constructive stance, with several bullish analysts lifting price targets and, in some cases, upgrading their ratings following the latest Q4 report and 2026 guidance.GRMN: Higher Margin Framework Will Drive Strong Future Upside Potential
Analysts have raised their fair value estimate for Garmin from US$305 to US$310, citing recent research that supports slightly higher long term profit margins and a modestly higher future P/E multiple, even as revenue growth expectations are tempered and the discount rate is adjusted. Analyst Commentary Recent bullish analysts are highlighting the move in fair value to US$310 as a signal that the market could be underestimating Garmin's ability to support slightly higher long term margins and a modestly richer P/E multiple, even with more cautious revenue growth assumptions and a recalibrated discount rate.GRMN: Fitness And Wearables Strength Will Support Premium P/E Upside
Analysts have lifted their price target on Garmin to about US$235 from roughly US$231, citing updated views on fair value, discount rate, revenue growth, profit margin and future P/E that are broadly in line with a recent upgrade highlighted by Barclays. Analyst Commentary Bullish analysts see the higher fair value estimate as consistent with a view that Garmin can justify a premium P/E, provided it executes on its current product and revenue plans.GRMN: AI-Powered Automotive Platform Will Heighten Concerns About Overstretched Expectations
Analysts have raised their fair value estimate for Garmin from $167.00 to $185.00, citing updated assumptions around revenue growth, profit margins and future P/E levels as key drivers of the higher target. What's in the News At CES 2026, Garmin introduced the Unified Cabin 2026 automotive platform, centered on an AI and large language model based virtual assistant that coordinates multiple in car actions, supports natural follow ups, adapts to any language, and ties together displays, sensors, lighting, audio and RF into a single in cabin system (Key Developments).GRMN Accelerating Fitness And Wearables Momentum Will Drive Strong Future Upside
Analysts have lifted their price target on Garmin to $305 from $285, citing accelerating revenue growth in fitness and smart wearables and confidence in the company’s innovation. This supports a higher future earnings multiple despite slightly lower projected profit margins.GRMN: Fitness And Wearables Strength Will Drive Over 25% Upside Ahead
Analysts have nudged their price target on Garmin higher to reflect modestly improved long term growth and profitability assumptions, citing accelerating revenue momentum in fitness and smart wearables and updated targets now ranging roughly from about $190 to just over $300 per share. Analyst Commentary Recent Street research reflects a widening range of views on Garmin, with some bullish analysts lifting targets meaningfully while more cautious voices continue to highlight valuation and portfolio mix risks.GRMN: Accelerating Fitness Segment Will Drive Over 25% Upside Ahead
Analysts have raised their price targets for Garmin, with increases such as from $285 to $305 and from $186 to $193. They cite ongoing innovation, strong performance in fitness and smart wearables, and expectations for accelerating revenue growth.GRMN: Fitness And Wearables Momentum Will Drive Resilience Amid Macroeconomic Uncertainty
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.Connect+ Service And Vívoactive 6 Will Expand Global Market Reach
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.Garmin (NYSE:GRMN) Is Due To Pay A Dividend Of $0.90
Oct 18
Connect+ Service And Vívoactive 6 Will Expand Global Market Reach
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.Garmin (NYSE:GRMN) Will Pay A Dividend Of $0.90
Sep 28Connect+ 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.Garmin (NYSE:GRMN) Has Announced A Dividend Of $0.90
Sep 02Garmin (NYSE:GRMN) Is Due To Pay A Dividend Of $0.90
Aug 19Garmin (NYSE:GRMN) Is Due To Pay A Dividend Of $0.90
Jul 30Garmin (NYSE:GRMN) Is Due To Pay A Dividend Of $0.90
Jul 13Garmin (NYSE:GRMN) Has Announced A Dividend Of $0.90
Jun 29Garmin (NYSE:GRMN) Ticks All The Boxes When It Comes To Earnings Growth
Jun 26Garmin (NYSE:GRMN) Is Increasing Its Dividend To $0.90
Jun 12Garmin's (NYSE:GRMN) Dividend Will Be Increased To $0.90
May 28Shareholder Returns
| GRMN | US Consumer Durables | US Market | |
|---|---|---|---|
| 7D | -6.5% | -4.9% | 0.8% |
| 1Y | 26.4% | 11.1% | 27.7% |
Return vs Industry: GRMN exceeded the US Consumer Durables industry which returned 15.6% over the past year.
Return vs Market: GRMN underperformed the US Market which returned 28.7% over the past year.
Price Volatility
| GRMN volatility | |
|---|---|
| GRMN Average Weekly Movement | 5.2% |
| Consumer Durables Industry Average Movement | 6.9% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.2% |
| 10% least volatile stocks in US Market | 3.3% |
Stable Share Price: GRMN has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: GRMN's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1989 | 23,000 | Cliff Albert Pemble | www.garmin.com |
Garmin Ltd. designs, develops, manufactures, markets, and distributes a diverse range of GPS-enabled products and navigation, communications, sensor-based, and information products and services worldwide. It offers running; cycling products; smartwatch devices; scales and monitors; and sports timing and performance analysis; Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms where users can track and analyze their fitness, activities and workouts, and wellness data; and Connect IQ, which enables third parties to create applications that run on Garmin devices. It also provides adventure watches; outdoor handhelds and satellite communicators; golf devices; consumer automotive; dog devices; InReach and Gramin response; and dive devices.
Garmin Ltd. Fundamentals Summary
| GRMN fundamental statistics | |
|---|---|
| Market cap | US$48.43b |
| Earnings (TTM) | US$1.74b |
| Revenue (TTM) | US$7.46b |
Is GRMN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GRMN income statement (TTM) | |
|---|---|
| Revenue | US$7.46b |
| Cost of Revenue | US$3.05b |
| Gross Profit | US$4.41b |
| Other Expenses | US$2.68b |
| Earnings | US$1.74b |
Last Reported Earnings
Mar 28, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 9.00 |
| Gross Margin | 59.14% |
| Net Profit Margin | 23.26% |
| Debt/Equity Ratio | 0% |
How did GRMN perform over the long term?
See historical performance and comparisonDividends
Does GRMN pay a reliable dividends?
See GRMN dividend history and benchmarks| Garmin dividend dates | |
|---|---|
| Ex Dividend Date | Jun 15 2026 |
| Dividend Pay Date | Jun 26 2026 |
| Days until Ex dividend | 43 days |
| Days until Dividend pay date | 54 days |
Does GRMN pay a reliable dividends?
See GRMN dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/01 09:29 |
| End of Day Share Price | 2026/05/01 00:00 |
| Earnings | 2026/03/28 |
| Annual Earnings | 2025/12/27 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Garmin Ltd. is covered by 28 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| William Power | Baird |
| Dong Wang | Barclays |
| Amir Rozwadowski | Barclays |