Garmin (GRMN) Stock Forecast & Price Target

Q: What analysts cover Garmin?

Garmin has been rated by research analysts at Barclays , KeyCorp , Morgan Stanley , Tigress Financial , UBS Group , Weiss Ratings , and Zacks Research in the past 90 days.

$275.84 +0.67 (+0.24%)

Closing price 09/2/2026 03:59 PM Eastern

Extended Trading

$275.98 +0.14 (+0.05%)

As of 07:00 AM Eastern

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Garmin - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Moderate Buy

Based on 8 Analyst Ratings

Sell
0

Hold
4

Buy
4

Based on 8 Wall Street analysts who have issued ratings for Garmin in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 8 analysts, 4 have given a hold rating, 2 have given a buy rating, and 2 have given a strong buy rating for GRMN.

Consensus Price Target

$310.17
12.45% Upside

According to the 8 analysts' twelve-month price targets for Garmin, the average price target is $310.17. The highest price target for GRMN is $370.00, while the lowest price target for GRMN is $250.00. The average price target represents a forecasted upside of 12.45% from the current price of $275.84.

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

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GRMN Analyst Ratings Over Time

Type	Current Forecast 9/3/25 to 9/3/26	1 Month Ago 8/4/25 to 8/4/26	3 Months Ago 6/5/25 to 6/5/26	1 Year Ago 9/3/24 to 9/3/25
Strong Buy	2 Strong Buy rating(s)	2 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	2 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)	0 Buy rating(s)
Hold	4 Hold rating(s)	3 Hold rating(s)	4 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	$310.17	$289.20	$269.40	$222.00
Forecasted Upside	12.45% Upside	-6.11% Downside	13.85% Upside	-6.27% Downside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Hold

GRMN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

GRMN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Garmin Stock vs. The Competition

Type	Garmin	Consumer Discretionary Companies	Broader Market
Consensus Rating Score	2.75	2.21	2.53
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	12.45% Upside	199.63% Upside	14.19% Upside
News Sentiment Rating	Positive News See Recent GRMN News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

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Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
9/2/2026	KeyCorp 2 of 5 stars		Reiterated Rating	Sector Weight
8/6/2026	UBS Group 4 of 5 stars		Set Target		$370.00	+22.55%
8/6/2026	Tigress Financial 3 of 5 stars	Ivan Feinseth 3 of 5 stars	Reiterated Rating	Strong-Buy
7/31/2026	Zacks Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold ➝ Strong-Buy
7/30/2026	Barclays Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Tim Long Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Equal Weight	$238.00 ➝ $297.00	+0.73%
7/30/2026	Morgan Stanley Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Erik Woodring Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Equal Weight	$249.00 ➝ $289.00	-0.67%
6/8/2026	Weiss Ratings Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Buy (B)
4/16/2026	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Joseph Cardoso Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Neutral	$265.00 ➝ $285.00	+7.49%
12/3/2025	Longbow Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	David Macgregor Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$250.00	+26.70%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 07:13 AM ET.

Should I Buy Garmin Stock? GRMN Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, August 30, 2026. Please send any questions or comments about these Garmin pros and cons to contact@marketbeat.com.

Garmin
Bull Case

Here are some ways that investors could benefit from investing in Garmin Ltd.:

The current stock price is around $292, reflecting a strong performance in the market and indicating investor confidence.
Garmin Ltd. reported a significant increase in quarterly revenue, up 11.4% year-over-year, showcasing robust business growth and demand for its products.
The company has a solid net margin of 24.47%, which suggests efficient management and profitability, making it an attractive option for investors seeking stable returns.
Garmin Ltd. has set an ambitious FY 2026 earnings per share (EPS) guidance, indicating confidence in future performance and potential for growth.
Recent analyst ratings have been favorable, with several upgrades and a consensus rating of "Moderate Buy," suggesting positive sentiment among market experts.

Garmin
Bear Case

Investors should be bearish about investing in Garmin Ltd. for these reasons:

The price-to-earnings (P/E) ratio is relatively high at 32.10, which may indicate that the stock is overvalued compared to its earnings, potentially leading to a price correction.
Insider selling has been noted, with significant shares sold recently, which could signal a lack of confidence from those closest to the company.
Despite positive growth, the P/E/G ratio of 3.37 suggests that the stock may not be growing fast enough to justify its current valuation, raising concerns for value investors.
The beta of 0.87 indicates that Garmin Ltd. is less volatile than the market, which may limit potential high returns for aggressive investors looking for growth.
Recent analyst price targets vary significantly, with some suggesting a price objective as high as $370, which may create uncertainty about the stock's future performance.

GRMN Forecast - Frequently Asked Questions

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Garmin is $310.17, with a high forecast of $370.00 and a low forecast of $250.00.

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Garmin in the last twelve months. There are currently 4 hold ratings, 2 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" GRMN shares.

According to analysts, Garmin's stock has a predicted upside of 12.45% based on their 12-month stock forecasts.

Over the previous 90 days, Garmin's stock had 1 upgrade by analysts.

Garmin has been rated by research analysts at Barclays, KeyCorp, Morgan Stanley, Tigress Financial, UBS Group, Weiss Ratings, and Zacks Research in the past 90 days.

Analysts like Garmin more than other "consumer discretionary" companies. The consensus rating for Garmin is Moderate Buy while the average consensus rating for "consumer discretionary" companies is Hold. Learn more on how GRMN compares to other companies.

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Brokerages With Garmin Recommendations

MarketBeat monitors more than a dozen sources for Garmin analyst ratings, with the most recent rating issued on 9/2/2026.

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Garmin (GRMN) Stock Forecast & Price Target