Garmin Ltd. (GRMN)
NYSE: GRMN · Real-Time Price · USD
232.34
-2.72 (-1.16%)
Aug 15, 2025, 4:00 PM - Market closed

Garmin Stock Forecast

Stock Price Forecast

According to 4 professional analysts, the 12-month price target for Garmin stock ranges from a low of $167 to a high of $285. The average analyst price target of $222 forecasts a -4.45% decrease in the stock price over the next year.

Price Target: $222.00 (-4.45%)
Analyst Consensus: Hold
Target Low Average Median High
Price $167 $222 $250 $285
Change -28.12% -4.45% +7.60% +22.67%

Analyst Ratings

The average analyst rating for Garmin stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Mar '25Apr '25May '25Jun '25Jul '25Aug '25
Strong Buy 111111
Buy 000000
Hold 111111
Sell 223322
Strong Sell 000000
Total 445544

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Sell
Maintains
$152$167
Sell Maintains $152$167 -28.12% Jul 31, 2025
Morgan Stanley
Morgan Stanley
Sell
Maintains
$172$186
Sell Maintains $172$186 -19.94% Jul 31, 2025
JP Morgan
JP Morgan
Hold
Maintains
$215$250
Hold Maintains $215$250 +7.60% Jul 17, 2025
JP Morgan
JP Morgan
Hold
Maintains
$220$215
Hold Maintains $220$215 -7.46% May 1, 2025
Morgan Stanley
Morgan Stanley
Sell
Maintains
$159$172
Sell Maintains $159$172 -25.97% May 1, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
7.01B
from 6.30B
Increased by 11.36%
Revenue Next Year
7.54B
from 7.01B
Increased by 7.49%
EPS This Year
8.08
from 7.30
Increased by 10.74%
EPS Next Year
8.77
from 8.08
Increased by 8.51%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 26, 2020 Dec 25, 2021 Dec 31, 2022 Dec 30, 2023 Dec 28, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
4.19B4.98B4.86B5.23B6.30B7.01B7.54B8.20B
Revenue Growth
11.42%19.02%-2.46%7.57%20.44%11.36%7.49%8.78%
EPS
5.175.615.046.717.308.088.779.48
EPS Growth
3.61%8.51%-10.16%33.14%8.79%10.74%8.51%8.06%
Forward PE
-----28.7426.4924.51
No. Analysts
-----11116
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 7.3B 8.0B 8.6B
Avg 7.0B 7.5B 8.2B
Low 6.7B 7.1B 7.7B

Revenue Growth

Revenue Growth 20252026202720282029
High
16.1%
14.5%
14.4%
Avg
11.4%
7.5%
8.8%
Low
6.5%
0.6%
2.3%

EPS Forecast

EPS 20252026202720282029
High 8.93 9.87 10.24
Avg 8.08 8.77 9.48
Low 7.62 7.84 8.46

EPS Growth

EPS Growth 20252026202720282029
High
22.3%
22.1%
16.7%
Avg
10.7%
8.5%
8.1%
Low
4.4%
-3.0%
-3.6%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.