GARMIN LTD (GRMN) Forecast, Price Target & Analyst Ratings

NYSE:GRMN • CH0114405324

Current stock price

244.78 USD
+3.67 (+1.52%)
At close:
244.78 USD
0 (0%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for GARMIN LTD (GRMN).

Forecast Snapshot

Consensus Price Target

Price Target
$246.86
+ 0.85% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 28, 2026
Period
Q1 / 2026
EPS Estimate
$1.86
Revenue Estimate
1.755B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
54.67%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$246.86
Upside
+ 0.85%
From current price of $244.78 to mean target of $246.86, Based on 15 analyst forecasts
Low
$186.85
Median
$244.80
High
$336.00

Price Target Revisions

1 Month
7.63%
3 Months
9.30%

Price Target Summary

15 Wall Street analysts provided a forecast for the next 12 months for GRMN. The average price target is 246.86 USD. This implies a price increase of 0.85% is expected in the next year compared to the current price of 244.78.
The average price target has been revised upward by 9.3% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

GRMN Current Analyst RatingGRMN Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6

Analyst Ratings History

GRMN Historical Analyst RatingsGRMN Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10

Analyst Ratings Consensus

ChartMill Buy Consensus
54.67%
GRMN was analyzed by 15 analysts. The buy percentage consensus is at 55. So analysts seem to be rather neutral about GRMN.
In the previous month the buy percentage consensus was at a similar level.
GRMN was analyzed by 15 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-02-20Tigress FinancialMaintains Strong Buy -> Strong Buy
2026-02-19JP MorganMaintains Neutral -> Neutral
2026-02-19Morgan StanleyUpgrade Underweight -> Equal-Weight
2026-01-16BarclaysUpgrade Underweight -> Equal-Weight
2025-12-19Tigress FinancialMaintains Strong Buy -> Strong Buy
2025-12-03Longbow ResearchUpgrade Neutral -> Buy
2025-10-30BarclaysMaintains Underweight -> Underweight
2025-10-30Morgan StanleyMaintains Underweight -> Underweight
2025-09-30Tigress FinancialMaintains Strong Buy -> Strong Buy
2025-09-19Morgan StanleyMaintains Underweight -> Underweight
2025-07-31BarclaysMaintains Underweight -> Underweight
2025-07-31Morgan StanleyMaintains Underweight -> Underweight
2025-07-17JP MorganMaintains Neutral -> Neutral
2025-05-01JP MorganMaintains Neutral -> Neutral
2025-05-01Morgan StanleyMaintains Underweight -> Underweight
2025-04-30BarclaysMaintains Underweight -> Underweight
2025-04-17JP MorganMaintains Neutral -> Neutral
2025-02-26Tigress FinancialMaintains Strong Buy -> Strong Buy
2025-02-20BarclaysMaintains Underweight -> Underweight
2025-02-20JP MorganMaintains Neutral -> Neutral
2024-12-16Tigress FinancialMaintains Strong Buy -> Strong Buy
2024-11-01BarclaysMaintains Underweight -> Underweight
2024-09-19Tigress FinancialMaintains Strong Buy -> Strong Buy
2024-09-13BarclaysDowngrade Equal-Weight -> Underweight
2024-05-22B of A SecuritiesDowngrade Neutral -> Underperform

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 28, 2026
Period
Q1 / 2026
EPS Estimate
$1.86
Revenue Estimate
1.755B
Revenue Q2Q
14.32%
EPS Q2Q
15.26%
Number of Analysts
9

Next Earnings Revisions

Revenue (1 Month)
4.34%
Revenue (3 Months)
4.34%
EPS (1 Month)
5.89%
EPS (3 Months)
5.64%

Next Earnings Summary

GRMN is expected to report earnings on 4/28/2026. The consensus EPS estimate for the next earnings is 1.86 USD and the consensus revenue estimate is 1.75B USD.
The next earnings revenue estimate has been revised upward by 4.34% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2033

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Revenue
YoY % growth
GRMN revenue by date.GRMN revenue by date.
5.228B
7.57%		6.297B
20.44%		7.246B
15.06%		8.126B
12.15%		8.84B
8.79%		9.488B
7.33%		9.939B
4.75%		10.611B
6.76%		11.306B
6.55%		12.022B
6.33%		12.756B
6.11%
EBITDA
YoY % growth
GRMN ebitda by date.GRMN ebitda by date.
1.27B
6.56%		1.774B
39.69%		2.065B
16.41%		2.305B
11.63%		2.515B
9.11%		2.724B
8.31%		3.062B
12.41%		3.315B
8.26%		3.557B
7.30%		3.819B
7.37%		4.092B
7.15%
EBIT
YoY % growth
GRMN ebit by date.GRMN ebit by date.
1.092B
6.26%		1.594B
45.95%		1.876B
17.70%		2.076B
10.66%		2.274B
9.54%		2.48B
9.06%		2.624B
5.81%		2.833B
7.96%		3.052B
7.73%		3.28B
7.47%		3.519B
7.29%
Operating Margin
GRMN operating margin by date.GRMN operating margin by date.
20.89%25.31%25.89%25.55%25.72%26.14%26.40%26.70%26.99%27.28%27.59%
EPS
YoY % growth
GRMN eps by date.GRMN eps by date.
5.60
8.95%		7.40
32.14%		8.56
15.68%		9.57
11.83%		10.37
8.38%		11.11
7.06%		11.96
7.71%		12.94
8.18%		13.98
8.04%		15.09
7.88%		16.25
7.71%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26
EPS
Q2Q % growth		1.86
15.26%		2.34
7.91%		2.18
9.61%		2.62
-6.15%
Revenue
Q2Q % growth		1.755B
14.32%		1.991B
9.72%		1.905B
7.57%		2.159B
1.60%
EBITDA
Q2Q % growth		446.25M
17.71%		575.46M
1.73%		543.41M
-9.33%		641.33M
-20.12%
EBIT
Q2Q % growth		389.34M
16.98%		507.42M
7.44%		488.31M
6.90%		581.71M
-5.28%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

GRMN Yearly Revenue VS EstimatesGRMN Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2B 4B 6B 8B 10B
GRMN Yearly EPS VS EstimatesGRMN Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 5 10 15

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
9.07%
EPS Next 5 Year
8.62%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
9.18%
Revenue Next 5 Year
7.80%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
13.95%
EBIT Next 5 Year
12.48%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

GARMIN LTD / GRMN Forecast FAQ

What is the average price target for GARMIN LTD (GRMN) stock?

15 analysts have analysed GRMN and the average price target is 246.86 USD. This implies a price increase of 0.85% is expected in the next year compared to the current price of 244.78.

When does GARMIN LTD (GRMN) report earnings?

GARMIN LTD (GRMN) will report earnings on 2026-04-28.

Can you provide the consensus estimates for GARMIN LTD next earnings?

The consensus EPS estimate for the next earnings of GARMIN LTD (GRMN) is 1.86 USD and the consensus revenue estimate is 1.75B USD.

Can you provide the analyst count for GARMIN LTD stock?

The number of analysts covering GARMIN LTD (GRMN) is 15.