Garmin (GRMN) Stock Forecast & Price Target

$240.83 +0.12 (+0.05%)

Closing price 05/22/2026 03:59 PM Eastern

Extended Trading

$240.56 -0.28 (-0.11%)

As of 05/22/2026 07:04 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

$269.40
11.86% Upside

According to the 7 analysts' twelve-month price targets for Garmin, the average price target is $269.40. The highest price target for GRMN is $325.00, while the lowest price target for GRMN is $238.00. The average price target represents a forecasted upside of 11.86% from the current price of $240.83.

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 5/25/25 to 5/25/26	1 Month Ago 4/25/25 to 4/25/26	3 Months Ago 2/24/25 to 2/24/26	1 Year Ago 5/25/24 to 5/25/25
Strong Buy	1 Strong Buy rating(s)	2 Strong Buy rating(s)	2 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)	2 Sell rating(s)
Consensus Price Target	$269.40	$258.00	$254.00	$206.00
Forecasted Upside	11.86% Upside	-0.54% Downside	0.97% Upside	2.73% Upside
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	Computer and Technology Companies	Broader Market
Consensus Rating Score	2.57	2.29	2.52
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	11.86% Upside	156.84% Upside	15.09% 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
5/20/2026	Tigress Financial 4 of 5 stars	Ivan Feinseth 3 of 5 stars	Boost Target	Strong-Buy	$320.00 ➝ $325.00	+37.16%
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 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	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%
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%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 07:39 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 Tuesday, May 19, 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 company recently reported strong earnings, with earnings per share exceeding analysts' expectations, indicating robust financial health and operational efficiency.
Garmin Ltd. has shown a significant year-over-year revenue growth of 14%, suggesting a strong demand for its products and services in various markets.
The current stock price is around $250, reflecting a solid valuation in the context of its recent performance and growth prospects.
Garmin Ltd. has a healthy dividend yield of approximately 1.8%, providing investors with a steady income stream in addition to potential capital appreciation.
Analysts have a consensus rating of "Moderate Buy" for Garmin Ltd., with several firms recently upgrading their price targets, indicating positive market sentiment.

Garmin
Bear Case

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

Insider selling has been notable, with executives recently offloading a significant number of shares, which may signal a lack of confidence in the stock's short-term performance.
Despite recent growth, the competitive landscape in the technology and GPS sectors is intense, which could pressure Garmin Ltd.'s market share and profitability.
The company's payout ratio is around 40%, which, while manageable, indicates that a substantial portion of earnings is being distributed as dividends, potentially limiting reinvestment in growth opportunities.
Market volatility and economic uncertainties could impact consumer spending on Garmin Ltd.'s products, particularly in discretionary categories like fitness and outdoor devices.
Recent upgrades in analyst ratings may lead to inflated expectations, and if Garmin Ltd. fails to meet these expectations, it could result in a negative market reaction.

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 $269.40, with a high forecast of $325.00 and a low forecast of $238.00.

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Garmin in the last year. 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 11.86% based on their 12-month stock forecasts.

Over the previous 90 days, Garmin's stock had 1 upgrade 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 5/25/2026 by MarketBeat.com Staff.

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Garmin (GRMN) Stock Forecast & Price Target