Garmin Ltd.

NYSE:GRMN Aktierapport

Börsvärde: US$46.4b

Garmin Förvaltning

Förvaltning kriterier kontrolleras 4/4

Garmin VD är Cliff Albert Pemble, utsedd i Oct 2007, har en mandatperiod på 18.58 år. totala årliga ersättningen är $ 7.74M, bestående av 18.1% lön 81.9% bonusar, inklusive företagsaktier och optioner. äger direkt 0.032% av företagets aktier, värda $ 14.96M. Den genomsnittliga mandatperioden för ledningsgruppen och styrelsen är 11.8 år respektive 10.4 år.

Viktig information

Cliff Albert Pemble

Verkställande direktör

US$7.7m

Total ersättning

VD-lön i procent18.08%
Anställning som VD18.6yrs
Ägande av VD0.03%
Ledningens genomsnittliga anställningstid11.8yrs
Styrelsens genomsnittliga mandatperiod10.4yrs

Senaste uppdateringar av ledningen

Recent updates

Uppdatering av berättelse May 21

GRMN: AI Services And Product Cycle Upside Will Eventually Meet Premium Limits

Narrative Update on Garmin The analyst price target for Garmin has been updated to $220, reflecting a modest adjustment to assumptions such as discount rate and future P/E, as analysts weigh upbeat commentary around new product launches, fitness and automotive opportunities, and AI-enabled services against differing views on how much further the stock can run. Analyst Commentary Recent Street research paints a mixed picture for Garmin, with some firms lifting price targets on the back of new product launches, AI enabled services, and perceived strength in fitness and automotive.
Uppdatering av berättelse May 02

GRMN: Premium AI And Product Cycle Hopes Will Eventually Underwhelm

Garmin's analyst price target holds at $220, reflecting a mix of upward revisions tied to expectations for new product launches, AI-enabled services, and ongoing fitness strength, as well as more cautious views that see limited upside at current valuation levels. Analyst Commentary Recent research on Garmin shows a wide range of opinions on where the shares should trade, even as the consensus target sits near $220.
Seeking Alpha Apr 30

Garmin: A Strong Q1 To Start The Year But There Could Be Back-Half Headwinds

Summary Garmin delivered record Q1 revenues of $1.75B (+14% YoY) and EPS of $2.08, beating consensus, but maintained full-year guidance. The fitness segment drove 42% sales growth with strong market share gains, but the sustainability of this growth into 2027 is uncertain given tough comps. Valuation is stretched at 26x forward earnings and 19x EV/EBITDA, pricing in near-perfect execution across segments and favorable macro factors. I maintain a 'Hold' rating, preferring to add on a pullback to the $210–220 range for a more balanced risk/reward. Read the full article on Seeking Alpha
Uppdatering av berättelse Apr 18

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.
Uppdatering av berättelse Apr 03

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.
Uppdatering av berättelse Mar 20

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.
Uppdatering av berättelse Mar 06

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.
Uppdatering av berättelse Feb 20

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.
Uppdatering av berättelse Feb 05

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.
Uppdatering av berättelse Jan 22

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.
Uppdatering av berättelse Jan 08

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).
Uppdatering av berättelse Dec 17

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.
Uppdatering av berättelse Dec 03

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.
Uppdatering av berättelse Nov 19

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.
Uppdatering av berättelse Nov 03

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.
Uppdatering av berättelse Oct 20

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.
Analysartikel Oct 18

Garmin (NYSE:GRMN) Is Due To Pay A Dividend Of $0.90

The board of Garmin Ltd. ( NYSE:GRMN ) has announced that it will pay a dividend of $0.90 per share on the 26th of...
Uppdatering av berättelse Oct 05

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.
Analysartikel Sep 28

Garmin (NYSE:GRMN) Will Pay A Dividend Of $0.90

Garmin Ltd. ( NYSE:GRMN ) will pay a dividend of $0.90 on the 26th of December. The payment will take the dividend...
Uppdatering av berättelse Sep 20

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.
Analysartikel Sep 02

Garmin (NYSE:GRMN) Has Announced A Dividend Of $0.90

The board of Garmin Ltd. ( NYSE:GRMN ) has announced that it will pay a dividend on the 26th of September, with...
Analysartikel Aug 19

Garmin (NYSE:GRMN) Is Due To Pay A Dividend Of $0.90

Garmin Ltd. ( NYSE:GRMN ) has announced that it will pay a dividend of $0.90 per share on the 26th of September. This...
Analysartikel Jul 30

Garmin (NYSE:GRMN) Is Due To Pay A Dividend Of $0.90

The board of Garmin Ltd. ( NYSE:GRMN ) has announced that it will pay a dividend of $0.90 per share on the 26th of...
Analysartikel Jul 13

Garmin (NYSE:GRMN) Is Due To Pay A Dividend Of $0.90

The board of Garmin Ltd. ( NYSE:GRMN ) has announced that it will pay a dividend of $0.90 per share on the 26th of...
Analysartikel Jun 29

Garmin (NYSE:GRMN) Has Announced A Dividend Of $0.90

Garmin Ltd.'s ( NYSE:GRMN ) investors are due to receive a payment of $0.90 per share on 26th of September. Based on...
Analysartikel Jun 26

Garmin (NYSE:GRMN) Ticks All The Boxes When It Comes To Earnings Growth

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysartikel Jun 12

Garmin (NYSE:GRMN) Is Increasing Its Dividend To $0.90

Garmin Ltd. ( NYSE:GRMN ) has announced that it will be increasing its dividend from last year's comparable payment on...

Analys av ersättningar till VD

Hur har Cliff Albert Pemble:s ersättning förändrats jämfört med Garmin:s resultat?
DatumTotal ersättningLönFöretagets resultat
Mar 28 2026n/an/a

US$2b

Dec 27 2025US$8mUS$1m

US$2b

Sep 27 2025n/an/a

US$2b

Jun 28 2025n/an/a

US$2b

Mar 29 2025n/an/a

US$1b

Dec 28 2024US$7mUS$1m

US$1b

Sep 28 2024n/an/a

US$2b

Jun 29 2024n/an/a

US$1b

Mar 30 2024n/an/a

US$1b

Dec 30 2023US$7mUS$1m

US$1b

Sep 30 2023n/an/a

US$1b

Jul 01 2023n/an/a

US$994m

Apr 01 2023n/an/a

US$964m

Dec 31 2022US$5mUS$1m

US$974m

Sep 24 2022n/an/a

US$966m

Jun 25 2022n/an/a

US$1b

Mar 26 2022n/an/a

US$1b

Dec 25 2021US$4mUS$1m

US$1b

Sep 25 2021n/an/a

US$1b

Jun 26 2021n/an/a

US$1b

Mar 27 2021n/an/a

US$1b

Dec 26 2020US$4mUS$1m

US$992m

Sep 26 2020n/an/a

US$1b

Jun 27 2020n/an/a

US$934m

Mar 28 2020n/an/a

US$973m

Dec 28 2019US$3mUS$1m

US$952m

Ersättning vs marknad: Cliff s total kompensation ($USD 7.74M ) är under genomsnittet för företag av liknande storlek på US marknaden ($USD 14.79M ).

Ersättning vs inkomst: Ersättningen från Cliff har varit i linje med företagets resultat under det senaste året.


VD OCH KONCERNCHEF

Cliff Albert Pemble

18.6yrs
Anställning
US$7,744,354
Kompensation

Mr. Clifton Albert Pemble, also known as Cliff, has been the Chief Executive Officer of Garmin Ltd., since January 1, 2013 and is its President since October 2007. Mr. Pemble serves as the Managing Directo...


Ledningsgrupp

NamnPositionAnställningKompensationÄgarskap
Clifton Albert Pemble
President18.6yrsUS$7.74m0.032%
$ 15.0m
Douglas Boessen
CFO & Treasurer11.8yrsUS$2.54m0.0062%
$ 2.9m
Patrick Desbois
Co-Chief Operating Officer1.8yrsUS$3.09m0.019%
$ 9.0m
Bradley Trenkle
Co-Chief Operating Officer1.8yrsUS$2.39m0.017%
$ 7.8m
Philip Straub
Executive VP & MD of Aviation - Garmin Internationalno dataUS$2.72m0.043%
$ 20.2m
Min-Hwan Kao
Co-Founder & Executive Chairman23.3yrsUS$384.43k9.42%
$ 4.4b
Teri Seck
Director of Investor Relationsno datainga uppgifteringa uppgifter
Joshua Maxfield
VP, General Counsel & Secretary1.8yrsinga uppgifter0.0053%
$ 2.5m
Ted Gartner
Director of Corporate Communicationsno datainga uppgifteringa uppgifter
Laurie Minard
Vice President of Human Resources18.8yrsinga uppgifter0%
$ 0
Sean Biddlecombe
Managing Director of EMEA15.3yrsinga uppgifter0.0020%
$ 937.7k
Matthew Munn
Executive VP & Managing Director of Auto OEM1.8yrsUS$906.35k0.00012%
$ 55.7k
11.8yrs
Genomsnittlig anställningstid
58yo
Genomsnittlig ålder

Erfaren ledning: GRMN s ledningsgrupp är erfaren och erfaren ( 11.8 års genomsnittlig anställning).


Styrelseledamöter

NamnPositionAnställningKompensationÄgarskap
Clifton Albert Pemble
President21.8yrsUS$7.74m0.032%
$ 15.0m
Min-Hwan Kao
Co-Founder & Executive Chairman23.3yrsUS$384.43k9.42%
$ 4.4b
Joseph Hartnett
Independent Director12.9yrsUS$285.02k0.011%
$ 4.9m
Susan Ball
Independent Director1.9yrsUS$275.02k0.00051%
$ 236.8k
Catherine Lewis
Independent Director6.9yrsUS$280.02k0.0034%
$ 1.6m
Jonathan Burrell
Independent Director7.9yrsUS$280.02k4.86%
$ 2.3b
10.4yrs
Genomsnittlig anställningstid
69yo
Genomsnittlig ålder

Erfaren styrelse: GRMN s styrelse är rutinerade och erfaren ( 10.4 års genomsnittlig mandatperiod).


Företagsanalys och finansiella data Status

UppgifterSenast uppdaterad (UTC-tid)
Analys av företag2026/05/26 18:57
Aktiekurs vid dagens slut2026/05/22 00:00
Intäkter2026/03/28
Årlig intjäning2025/12/27

Datakällor

Den data som används i vår företagsanalys kommer från S&P Global Market Intelligence LLC. Följande data används i vår analysmodell för att generera denna rapport. Data är normaliserade vilket kan medföra en fördröjning från det att källan är tillgänglig.

PaketUppgifterTidsramExempel US-källa
Företagets finansiella ställning10 år
  • Resultaträkning
  • Kassaflödesanalys
  • Balansräkning
Analytikernas konsensusuppskattningar+3 år
  • Prognos för finansiella poster
  • Analytikernas prismål
Marknadspriser30 år
  • Aktiekurser
  • Utdelningar, splittar och åtgärder
Ägarskap10 år
  • Största aktieägare
  • Insiderhandel
Förvaltning10 år
  • Ledningsgrupp
  • Styrelse och verkställande direktörer
Viktiga utvecklingstendenser10 år
  • Företagsmeddelanden

* Exempel för amerikanska värdepapper, för icke-amerikanska värdepapper används motsvarande regelverk och källor.

Om inget annat anges är all finansiell data baserad på en årsperiod men uppdateras kvartalsvis. Detta kallas data för efterföljande tolv månader (TTM) eller senaste tolv månader (LTM). Lär dig mer om detta.

Analysmodell och snöflinga

Detaljer om analysmodellen som användes för att skapa den här rapporten finns på vår Github-sida, vi har också guider om hur du använder våra rapporter och tutorials på Youtube.

Lär dig mer om det team i världsklass som utformade och byggde analysmodellen Simply Wall St.

Industri- och sektormått

Våra bransch- och sektionsmått beräknas var sjätte timme av Simply Wall St, detaljer om vår process finns tillgängliga på Github.

Källor för analytiker

Garmin Ltd. bevakas av 28 analytiker. 7 av dessa analytiker lämnade de uppskattningar av intäkter eller resultat som användes som indata till vår rapport. Analytikernas inskickade estimat uppdateras löpande under dagen.

AnalytikerInstitution
William PowerBaird
Dong WangBarclays
Amir RozwadowskiBarclays