Garmin (GRMN) Stock Forecast & Price Target

$242.69 +8.05 (+3.43%)

Closing price 03:59 PM Eastern

Extended Trading

$242.82 +0.13 (+0.05%)

As of 06:44 PM Eastern

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

Consensus Rating

Moderate Buy

Based on 7 Analyst Ratings

Sell
0

Hold
4

Buy
3

Based on 7 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 7 analysts, 4 have given a hold rating, 2 have given a buy rating, and 1 has given a strong buy rating for GRMN.

Consensus Price Target

$268.40
10.59% Upside

According to the 7 analysts' twelve-month price targets for Garmin, the average price target is $268.40. The highest price target for GRMN is $320.00, while the lowest price target for GRMN is $238.00. The average price target represents a forecasted upside of 10.59% from the current price of $242.69.

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 5/6/25 to 5/6/26	1 Month Ago 4/6/25 to 4/6/26	3 Months Ago 2/5/25 to 2/5/26	1 Year Ago 5/6/24 to 5/6/25
Strong Buy	1 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)	2 Hold rating(s)	2 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	3 Sell rating(s)
Consensus Price Target	$268.40	$254.00	$244.40	$194.80
Forecasted Upside	10.59% Upside	4.57% Upside	22.70% Upside	3.98% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Reduce

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	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.57	2.30	2.52
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	10.59% Upside	163.31% Upside	13.98% 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

Export

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
5/1/2026	Zacks Research Not Rated		Downgrade	Strong-Buy ➝ Hold
4/30/2026	Morgan Stanley 3 of 5 stars		Set Target		$249.00	-0.62%
4/30/2026	Barclays 3 of 5 stars	Tim Long 4 of 5 stars	Lower Target	Equal Weight	$240.00 ➝ $238.00	-6.11%
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%
2/20/2026	Tigress Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Ivan Feinseth Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Strong-Buy	$310.00 ➝ $320.00	+30.86%
1/22/2026	Weiss Ratings Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Buy (B)
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%
5/22/2024	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Neutral ➝ Underperform	$165.00 ➝ $150.00	-12.12%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 10:06 PM 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 Friday, May 1, 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 $257.78, reflecting a strong market position and potential for growth.
Garmin Ltd. has received multiple upgrades from analysts, with ratings ranging from "Buy" to "Strong Buy," indicating positive sentiment in the market.
Institutional investors own a significant portion of the company, at 81.60%, suggesting confidence in Garmin Ltd.'s long-term prospects.
Recent insider trading activity shows executives are still holding substantial shares, which can be a positive signal about the company's future performance.
Garmin Ltd. has a diverse product line, including the latest GPS technology, which continues to see demand in various sectors, enhancing revenue potential.

Garmin
Bear Case

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

Insider sales have been notable, with executives selling over 40,000 shares recently, which may raise concerns about their confidence in the company's future.
The stock has experienced fluctuations, with a one-year high of $273.32 and a low of $178.74, indicating potential volatility that could affect investor returns.
Analysts have varying target prices, with some estimates being significantly lower than the current stock price, suggesting potential overvaluation.
The company operates in a competitive market, facing challenges from emerging technologies and competitors that could impact its market share.
Garmin Ltd.'s price-to-earnings ratio is relatively high at 29.97, which may indicate that the stock is priced for perfection, leaving little room for error in performance.

GRMN Forecast - Frequently Asked Questions

: According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Garmin is $268.40, with a high forecast of $320.00 and a low forecast of $238.00.
: 7 Wall Street 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 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" GRMN shares.
: According to analysts, Garmin's stock has a predicted upside of 10.59% based on their 12-month stock forecasts.
: Over the previous 90 days, Garmin's stock had 2 upgrades and 1 downgrade by analysts.
: Garmin has been rated by research analysts at Barclays, JPMorgan Chase & Co., Morgan Stanley, Tigress Financial, and Zacks Research in the past 90 days.
: Analysts like Garmin more than other "computer and technology" companies. The consensus rating for Garmin is Moderate Buy while the average consensus rating for "computer and technology" companies is Hold. Learn more on how GRMN compares to other companies.

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This page (NYSE:GRMN) was last updated on 5/6/2026 by MarketBeat.com Staff.

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Garmin (GRMN) Stock Forecast & Price Target

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

Consensus Rating

Consensus Price Target

GRMN Analyst Ratings Over Time

GRMN Analyst Recommendations By Month

GRMN Price Targets by Month

Garmin Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Garmin Stock? GRMN Pros and Cons Explained

Garmin
Bull Case

Garmin
Bear Case

GRMN Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Garmin Recommendations

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Garmin (GRMN) Stock Forecast & Price Target

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

Consensus Rating

Consensus Price Target

GRMN Analyst Ratings Over Time

GRMN Analyst Recommendations By Month

GRMN Price Targets by Month

Garmin Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Garmin Stock? GRMN Pros and Cons Explained

Garmin Bull Case

Garmin Bear Case

GRMN Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Garmin Recommendations

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

Garmin
Bull Case

Garmin
Bear Case