Garmin Ltd.

GRMNNYSETechnologyScientific & Technical Instruments

$293.74- (-)1Y +18.08%

As of Oct 23, 2026 close

Market cap: $56.83B
P/E (TTM): 30.27
Forward P/E: 25.45
Dividend yield: 1.32%
52-week range: $186.67$314.28
Volume (live): -
Avg. volume (3M): 809.34K

Garmin Ltd. (GRMN) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for Garmin Ltd. stock.

Analyst Consensus Rating

Investment consensus from 9 professional research analysts

Consensus Rating

Hold

Based on 9 unique analysts

Medium Confidence∞:1 Buy/Sell

Average Price Target

$317.20

+7.99% upside

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Strong Sell

Sell

Hold

Buy

Strong Buy

Latest GRMN Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Date	Analyst	Firm	Action	Rating	Price Target
Oct 20, 2026	Zacks Equity Research	Zacks Equity Research	Initiates Coverage	Hold	-
Oct 14, 2026	Richard Kramer	Arete Research	Initiates	Buy	$335.00
Sep 29, 2026	Benjamin Rains	Zacks Equity Research	Initiates Coverage	Buy	-
Sep 28, 2026	Supriyo Bose	Zacks Equity Research	Initiates Coverage	Buy	-
Sep 2, 2026	Noah Zatzkin	KeyBanc	Reiterates	Hold	-
Aug 6, 2026	Ivan Feinseth	Tigress Financial	Reiterates	Buy	$325.00 → $370.00 +45.00 (+13.8%)
Jul 30, 2026	Tim Long	Barclays	Maintains	Hold	$297.00
Jul 30, 2026	Joseph Cardoso	JP Morgan	Reiterates	Hold	$285.00 → $295.00 +10.00 (+3.5%)
Jul 30, 2026	Erik Woodring	Morgan Stanley	Maintains	Hold	$249.00 → $289.00 +40.00 (+16.1%)

Zacks Equity Research

HoldInitiates Coverage

Oct 20

Richard Kramer

Arete Research

BuyInitiates

$335.00

Oct 14

Benjamin Rains

Zacks Equity Research

BuyInitiates Coverage

Sep 29

Supriyo Bose

Zacks Equity Research

BuyInitiates Coverage

Sep 28

Noah Zatzkin

KeyBanc

HoldReiterates

Sep 2

Ivan Feinseth

Tigress Financial

BuyReiterates

$325.00 → $370.00

Aug 6

Tim Long

Barclays

HoldMaintains

$297.00

Jul 30

Joseph Cardoso

JP Morgan

HoldReiterates

$285.00 → $295.00

Jul 30

Erik Woodring

Morgan Stanley

HoldMaintains

$249.00 → $289.00

Jul 30

Source: Professional analyst ratings and price targets from the last 90 days. Data as of Oct 20, 2026. Data sources and methodology

Frequently Asked Questions

What is the analyst consensus rating for GRMN?

The analyst consensus rating for GRMN is Hold, based on the latest ratings from 9 analysts over the last 90 days.

What is the average price target for GRMN?

The average 12-month price target for GRMN is $317.20, representing an upside of 8.0% from the Oct 23, 2026 close of $293.74.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.