• Consensus Rating: Reduce
  • Consensus Price Target: $158.50
  • Forecasted Upside: -23.07%
  • Number of Analysts: 6
  • Breakdown:
  • 3 Sell Ratings
  • 2 Hold Ratings
  • 0 Buy Ratings
  • 1 Strong Buy Ratings
$206.03
▲ +39.76 (23.91%)

This chart shows the closing price for GRMN by one month, three months, or twelve months.

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Analyst Price Target for GRMN

Analyst Price Target is $158.50
▼ -23.07% Downside Potential
This price target is based on 6 analysts offering 12 month price targets for Garmin in the last 3 months. The average price target is $158.50, with a high forecast of $215.00 and a low forecast of $133.00. The average price target represents a -23.07% upside from the last price of $206.03.

This chart shows the closing price for GRMN for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Reduce

The current consensus among 6 contributing investment analysts is to reduce stock in Garmin. This Reduce consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 1 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 3 sell ratings
5/9/2023
  • 1 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 3 sell ratings
8/7/2023
  • 1 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 3 sell ratings
11/5/2023
  • 1 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 3 sell ratings
2/3/2024
  • 1 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 3 sell ratings
5/3/2024
  • 1 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 3 sell ratings
8/1/2024
  • 1 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 3 sell ratings
9/30/2024
  • 1 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 3 sell ratings
10/30/2024

Latest Recommendations

  • 1 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 3 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
10/7/2024Morgan StanleyDowngradeEqual Weight ➝ Underweight$155.00 ➝ $138.00
9/19/2024Tigress FinancialBoost TargetStrong-Buy ➝ Strong-Buy$210.00 ➝ $215.00
9/13/2024BarclaysDowngradeEqual Weight ➝ Underweight$181.00 ➝ $133.00
5/22/2024Bank of AmericaDowngradeNeutral ➝ Underperform$165.00 ➝ $150.00
5/14/2024Tigress FinancialBoost TargetStrong-Buy ➝ Strong-Buy$175.00 ➝ $210.00
5/2/2024JPMorgan Chase & Co.Boost TargetNeutral ➝ Neutral$155.00 ➝ $175.00
5/2/2024BarclaysBoost TargetEqual Weight ➝ Equal Weight$140.00 ➝ $166.00
4/11/2024JPMorgan Chase & Co.Boost TargetNeutral ➝ Neutral$139.00 ➝ $155.00
4/3/2024Bank of AmericaBoost TargetNeutral ➝ Neutral$120.00 ➝ $165.00
2/27/2024Tigress FinancialReiterated RatingStrong-Buy ➝ Strong-Buy$165.00 ➝ $175.00
2/22/2024Barrington ResearchBoost TargetEqual Weight ➝ Equal Weight$119.00 ➝ $140.00
1/8/2024JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$135.00
11/2/2023BarclaysBoost TargetEqual Weight ➝ Equal Weight$113.00 ➝ $119.00
11/2/2023Morgan StanleyLower TargetEqual Weight ➝ Equal Weight$103.00 ➝ $100.00
11/2/2023JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$118.00 ➝ $135.00
8/10/2023Tigress FinancialReiterated RatingStrong-Buy ➝ Strong-Buy$165.00
8/8/2023Bank of AmericaBoost TargetNeutral ➝ Neutral$110.00 ➝ $120.00
8/3/2023Morgan StanleyLower TargetEqual Weight ➝ Equal Weight$104.00 ➝ $103.00
8/3/2023BarclaysBoost TargetEqual Weight ➝ Equal Weight$106.00 ➝ $113.00
5/4/2023VNET GroupReiterated RatingMaintains
5/4/2023BarclaysBoost Target$101.00 ➝ $106.00
4/18/2023KeyCorpInitiated CoverageSector Weight ➝ Sector Weight
3/3/2023Tigress FinancialReiterated RatingStrong-Buy$165.00
2/23/2023JPMorgan Chase & Co.Boost TargetOverweight$108.00 ➝ $115.00
2/23/2023Morgan StanleyBoost TargetEqual Weight$91.00 ➝ $99.00
2/23/2023BarclaysBoost TargetEqual Weight$97.00 ➝ $101.00
11/9/2022BarclaysInitiated CoverageEqual Weight$97.00
10/17/2022Morgan StanleyLower TargetEqual Weight$96.00 ➝ $91.00
8/5/2022Tigress FinancialLower TargetStrong-Buy$208.00 ➝ $165.00
8/2/2022Bank of AmericaDowngradeBuy ➝ Neutral$137.00 ➝ $109.00
6/14/2022Morgan StanleyLower TargetEqual Weight$127.00 ➝ $115.00
5/6/2022Tigress FinancialBoost Target$205.00 ➝ $208.00
4/28/2022Deutsche Bank AktiengesellschaftLower Target$160.00 ➝ $150.00
3/18/2022Bank of AmericaUpgradeNeutral ➝ Buy$165.00 ➝ $140.00
2/25/2022Tigress FinancialBoost Target$202.00 ➝ $205.00
2/17/2022Morgan StanleyLower TargetEqual Weight$141.00 ➝ $127.00
1/5/2022Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy$148.00 ➝ $160.00
11/24/2021Tigress FinancialBoost TargetStrong-Buy$198.00 ➝ $202.00
11/5/2021Deutsche Bank AktiengesellschaftLower TargetHold$155.00 ➝ $148.00
10/28/2021Morgan StanleyLower TargetEqual Weight$147.00 ➝ $141.00
8/4/2021Tigress FinancialReiterated RatingStrong-Buy$174.00 ➝ $198.00
7/29/2021Morgan StanleyBoost TargetEqual Weight$138.00 ➝ $147.00
7/29/2021Deutsche Bank AktiengesellschaftBoost TargetPositive ➝ Hold$140.00 ➝ $155.00
6/22/2021Bank of AmericaDowngradeBuy ➝ Neutral$155.00
4/29/2021Credit Suisse GroupBoost TargetNeutral$129.00 ➝ $140.00
4/29/2021Morgan StanleyBoost TargetEqual Weight$134.00 ➝ $138.00
2/25/2021Morgan StanleyBoost TargetEqual Weight$123.00 ➝ $134.00
2/18/2021Deutsche Bank AktiengesellschaftBoost TargetHold$120.00 ➝ $130.00
2/17/2021Credit Suisse GroupBoost TargetNeutral$107.00 ➝ $129.00
2/4/2021JPMorgan Chase & Co.Boost TargetOverweight$112.00 ➝ $133.00
1/28/2021Colliers SecuritiesReiterated RatingBuy
1/14/2021Bank of AmericaReiterated RatingBuy$146.00
12/16/2020Morgan StanleyBoost TargetEqual Weight$106.00 ➝ $123.00
12/8/2020Deutsche Bank AktiengesellschaftInitiated CoverageHold$120.00
11/22/2020Tigress FinancialReiterated RatingBuy
11/10/2020Credit Suisse GroupBoost TargetNeutral$96.00 ➝ $107.00
10/30/2020Bank of AmericaUpgradeUnderperform ➝ Buy$104.00 ➝ $120.00
10/29/2020Morgan StanleyBoost TargetEqual Weight$103.00 ➝ $106.00
7/31/2020Credit Suisse GroupBoost TargetNeutral$91.00 ➝ $96.00
7/30/2020JPMorgan Chase & Co.Boost Target$101.00 ➝ $110.00
7/29/2020Needham & Company LLCInitiated CoverageHold
6/15/2020Colliers SecuritiesUpgradeNeutral ➝ Buy$118.00
6/8/2020JPMorgan Chase & Co.Boost TargetOverweight$92.00 ➝ $101.00
5/28/2020Tigress FinancialReiterated RatingBuy
5/18/2020Bank of AmericaLower TargetUnderperform$85.00 ➝ $76.00
4/30/2020Needham & Company LLCReiterated RatingHold
4/30/2020Morgan StanleyBoost TargetEqual Weight$77.00 ➝ $82.00
4/29/2020CfraLower TargetHold$104.00 ➝ $95.00
3/25/2020Morgan StanleyLower TargetAbove Average$100.00 ➝ $77.00
3/4/2020Tigress FinancialReiterated RatingBuy
3/2/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$100.00
2/20/2020CfraBoost TargetHold$92.00 ➝ $104.00
2/20/2020Credit Suisse GroupBoost TargetNeutral$100.00 ➝ $104.00
2/20/2020JPMorgan Chase & Co.Boost TargetNeutral$90.00 ➝ $100.00
2/20/2020Morgan StanleyBoost TargetEqual Weight$85.00 ➝ $100.00
1/27/2020Credit Suisse GroupUpgradeUnderperform ➝ Neutral$73.00 ➝ $100.00
11/27/2019Tigress FinancialReiterated RatingBuy
10/31/2019Morgan StanleyBoost TargetEqual Weight$81.00 ➝ $85.00
(Data available from 10/30/2019 forward)

News Sentiment Rating

0.66 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 30 very positive mentions
  • 39 positive mentions
  • 6 negative mentions
  • 0 very negative mentions
4/3/2024
  • 26 very positive mentions
  • 38 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
5/3/2024
  • 31 very positive mentions
  • 21 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
6/2/2024
  • 19 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
7/2/2024
  • 31 very positive mentions
  • 16 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
8/1/2024
  • 31 very positive mentions
  • 31 positive mentions
  • 6 negative mentions
  • 0 very negative mentions
8/31/2024
  • 40 very positive mentions
  • 31 positive mentions
  • 7 negative mentions
  • 0 very negative mentions
9/30/2024
  • 27 very positive mentions
  • 31 positive mentions
  • 4 negative mentions
  • 1 very negative mentions
10/30/2024

Current Sentiment

  • 27 very positive mentions
  • 31 positive mentions
  • 4 negative mentions
  • 1 very negative mentions
Garmin logo
Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices worldwide. Its Fitness segment offers running and multi-sport watches; cycling products; smartwatch devices; scales and monitors; and fitness accessories. This segment also provides Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms where users can track and analyze their fitness, activities and workouts, and wellness data; and Connect IQ, an application development platform. The company's Outdoor segment offers adventure watches, outdoor handhelds and satellite communicators, golf devices, consumer automotive devices, and dog devices, as well as InReach and Gramin response communication device. Its Aviation segment designs, manufactures, and markets various aircraft avionics solutions, including integrated flight decks, electronic flight displays and instrumentation, navigation and communication products, automatic flight control systems and safety-enhancing technologies, audio control systems, engine indication systems, traffic awareness and avoidance solutions, ADS-B and transponders, weather information and avoidance solutions, datalink and connectivity solutions, and various services. The company's Marine segment provides chartplotters and multi-function displays, cartography products, fishfinders, sonar products, autopilot systems, radars, compliant instrument displays and sensors, VHF communication radios, handhelds and wearable devices, sailing products, audio products and accessories, digital switching products, and trolling motors. Its Auto segment offers embedded domain controllers and infotainment units; and software, map database, cameras, wearables, and automotive solutions. The company sells its products through independent retailers, dealers, distributors, installation and repair shops, and original equipment manufacturers, as well as online webshop. Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland.
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Today's Range

Now: $206.03
Low: $186.10
High: $207.11

50 Day Range

MA: $172.91
Low: $161.57
High: $183.29

52 Week Range

Now: $206.03
Low: $101.49
High: $207.11

Volume

2,052,570 shs

Average Volume

840,293 shs

Market Capitalization

$39.57 billion

P/E Ratio

28.82

Dividend Yield

1.85%

Beta

0.99

Frequently Asked Questions

What sell-side analysts currently cover shares of Garmin?

The following sell-side analysts have issued stock ratings on Garmin in the last twelve months: Bank of America Co., Barclays PLC, Barrington Research, JPMorgan Chase & Co., Morgan Stanley, StockNews.com, and Tigress Financial.
View the latest analyst ratings for GRMN.

What is the current price target for Garmin?

6 Wall Street analysts have set twelve-month price targets for Garmin in the last year. Their average twelve-month price target is $158.50, suggesting a possible downside of 23.1%. Tigress Financial has the highest price target set, predicting GRMN will reach $215.00 in the next twelve months. Barclays PLC has the lowest price target set, forecasting a price of $133.00 for Garmin in the next year.
View the latest price targets for GRMN.

What is the current consensus analyst rating for Garmin?

Garmin currently has 3 sell ratings, 2 hold ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Reduce."
View the latest ratings for GRMN.

What other companies compete with Garmin?

How do I contact Garmin's investor relations team?

Garmin's physical mailing address is MUHLENTALSTRASSE 2, SCHAFFHAUSEN V8, CH-8200. The scientific and technical instruments company's listed phone number is (152) 630-1600 and its investor relations email address is [email protected]. The official website for Garmin is www.garmin.com. Learn More about contacing Garmin investor relations.