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Garmin (GRMN) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

GRMN Stock Forecast

Garmin (GRMN) stock forecast, based on 23 Wall Street analysts, predicts a 12-month average price target of $146.80, with a high of $215.00 and a low of $96.00. This represents a -23.66% decline from the last price of $192.31.

$50 $90 $130 $170 $210 $250 High: $215 Avg: $146.8 Low: $96 Last Closed Price: $192.31

GRMN Stock Rating

Garmin stock's rating consensus is Hold, based on 23 Wall Street analysts. The breakdown includes 1 Strong Buy (4.35%), 4 Buy (17.39%), 17 Hold (73.91%), 1 Sell (4.35%), and 0 Strong Sell (0.00%).

Hold
Total 23 0 1 17 4 1 Strong Sell Sell Hold Buy Strong Buy

GRMN Price Target Upside V Benchmarks

TypeNameUpside
StockGarmin-23.66%
SectorTechnology Stocks 33.74%

Price Target Trends

1M3M12M
# Anlaysts--3
Avg Price Target--$186.00
Last Closing Price$192.31$192.31$192.31
Upside/Downside---3.28%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 251241210
Mar, 251231310
Feb, 251231310
Jan, 251241311
Dec, 241141310
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 19, 2024Ivan FeinsethTigress Financial$215.00$171.7625.17%11.80%
Sep 13, 2024Tim LongBarclays$133.00$182.76-27.23%-30.84%
May 14, 2024Ivan FeinsethTigress Financial$210.00$170.1923.39%9.20%
Aug 05, 2022Tigress Financial$165.00$97.6069.06%-14.20%
Jul 28, 2022Morgan Stanley$96.00$96.57-0.59%-50.08%
Jun 14, 2022Erik WoodringMorgan Stanley$115.00$96.7218.90%-40.20%
May 06, 2022Ivan FeinsethTigress Financial$208.00$106.0396.17%8.16%
Apr 30, 2022Jeffrey RandDeutsche Bank$150.00$109.7436.69%-22.00%
Mar 18, 2022Ronald EpsteinBank of America Securities$140.00$119.6117.05%-27.20%
Feb 28, 2022Ivan FeinsethTigress Financial$205.00$110.4485.62%6.60%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Dec 16, 2024Tigress FinancialStrong BuyStrong Buyhold
Oct 07, 2024Morgan StanleyEqual-WeightUnderweightdowngrade
Sep 19, 2024Tigress FinancialStrong BuyStrong Buyhold
Sep 13, 2024BarclaysEqual-WeightUnderweightdowngrade
Aug 01, 2024BarclaysEqual-WeightEqual-Weighthold
May 22, 2024Bank of America SecuritiesNeutralUnderperformdowngrade
May 14, 2024Tigress FinancialStrong BuyStrong Buyhold
Apr 03, 2024Bank of America SecuritiesNeutralNeutralhold
Aug 05, 2022Tigress FinancialStrong BuyStrong Buyhold
Jul 28, 2022Morgan StanleyEqual-WeightEqual-Weighthold

Financial Forecast

EPS Forecast

$4 $5 $6 $7 $8 $9 $10 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$5.19$5.63$5.06$6.74$7.35---
Avg Forecast$4.84$5.75$5.01$5.28$7.04$7.71$7.99$9.48
High Forecast$4.92$5.85$5.25$5.35$7.43$9.21$8.32$9.99
Low Forecast$4.78$5.68$4.87$5.24$6.88$6.78$7.59$9.12
Surprise %7.23%-2.09%1.00%27.65%4.40%---

Revenue Forecast

$4B $5B $6B $7B $8B $9B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$4.19B$4.98B$4.86B$5.23B$6.30B---
Avg Forecast$4.02B$4.95B$4.85B$5.17B$6.17B$6.71B$7.22B$8.03B
High Forecast$4.07B$5.02B$5.02B$5.39B$6.22B$6.92B$7.26B$8.37B
Low Forecast$3.98B$4.91B$4.74B$5.02B$6.14B$6.54B$7.18B$7.80B
Surprise %4.22%0.60%0.23%1.13%2.03%---

Net Income Forecast

$500M $800M $1B $1B $2B $2B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$992.32M$1.08B$973.59M$1.29B$1.41B---
Avg Forecast$684.12M$835.28M$1.00B$1.29B$1.37B$1.49B$1.54B$1.83B
High Forecast$820.94M$1.00B$1.20B$1.55B$1.43B$1.77B$1.60B$1.92B
Low Forecast$547.29M$668.23M$800.29M$1.03B$1.32B$1.30B$1.46B$1.75B
Surprise %45.05%29.56%-2.68%-2.69%---

GRMN Forecast FAQ

Is Garmin stock a buy?

Garmin stock has a consensus rating of Hold, based on 23 Wall Street analysts. The rating breakdown includes 1 Strong Buy, 4 Buy, 17 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Garmin is a neutral investment for most analysts.

What is Garmin's price target?

Garmin's price target, set by 23 Wall Street analysts, averages $146.8 over the next 12 months. The price target range spans from $96 at the low end to $215 at the high end, suggesting a potential -23.66% change from the previous closing price of $192.31.

How does Garmin stock forecast compare to its benchmarks?

Garmin's stock forecast shows a -23.66% downside, underperforming the average forecast for the technology stocks sector (33.74%).

What is the breakdown of analyst ratings for Garmin over the past three months?

  • April 2025: 10.00% Strong Buy, 20.00% Buy, 40.00% Hold, 10.00% Sell, 20.00% Strong Sell.
  • March 2025: 10.00% Strong Buy, 20.00% Buy, 30.00% Hold, 10.00% Sell, 30.00% Strong Sell.
  • February 2025: 10.00% Strong Buy, 20.00% Buy, 30.00% Hold, 10.00% Sell, 30.00% Strong Sell.

What is Garmin’s EPS forecast?

Garmin's average annual EPS forecast for its fiscal year ending in December 2025 is $7.71, marking a 4.90% increase from the reported $7.35 in 2024. Estimates for the following years are $7.99 in 2026, and $9.48 in 2027.

What is Garmin’s revenue forecast?

Garmin's average annual revenue forecast for its fiscal year ending in December 2025 is $6.71B, reflecting a 6.59% increase from the reported $6.3B in 2024. The forecast for 2026 is $7.22B, and $8.03B for 2027.

What is Garmin’s net income forecast?

Garmin's net income forecast for the fiscal year ending in December 2025 stands at $1.49B, representing an 5.90% increase from the reported $1.41B in 2024. Projections indicate $1.54B in 2026, and $1.83B in 2027.