Free Trial
Tada emoji MarketBeat All Access — Now Just $5.00 for 5 Weeks

Garmin (GRMN) Stock Forecast & Price Target

Garmin logo
$235.73 +3.13 (+1.35%)
Closing price 03:59 PM Eastern
Extended Trading
$235.56 -0.17 (-0.07%)
As of 04:10 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Compare

Garmin - Analysts' Recommendations and Stock Price Forecast (2025)

Consensus Rating

Hold
Based on 4 Analyst Ratings
Sell
2
Hold
1
Buy
1

Based on 4 Wall Street analysts who have issued ratings for Garmin in the last 12 months, the stock has a consensus rating of "Hold." Out of the 4 analysts, 2 have given a sell rating, 1 has given a hold rating, and 1 has given a strong buy rating for GRMN.

Consensus Price Target

$222.00
-5.82% Downside
According to the 4 analysts' twelve-month price targets for Garmin, the average price target is $222.00. The highest price target for GRMN is $285.00, while the lowest price target for GRMN is $167.00. The average price target represents a forecasted downside of -5.82% from the current price of $235.73.
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.
Get the Latest News and Ratings for GRMN and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Garmin and its competitors.

Sign Up
By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

GRMN Analyst Ratings Over Time

TypeCurrent Forecast
8/27/24 to 8/27/25		1 Month Ago
7/28/24 to 7/28/25		3 Months Ago
5/29/24 to 5/29/25		1 Year Ago
8/28/23 to 8/27/24
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
4 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$222.00$214.75$206.00$156.83
Forecasted Upside-5.82% Downside-9.09% Downside1.65% Upside-13.18% Downside
Consensus Rating
Hold
Hold
Hold
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.
Skip Chart & View Analyst Rating History

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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Garmin Stock vs. The Competition

TypeGarminComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.00
2.66
2.53
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside-4.64% Downside63.07% Upside10.50% Upside
News Sentiment Rating
Positive News

See Recent GRMN News
Positive News
Positive News
Export to Excel
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/31/2025Morgan Stanley
3 of 5 stars		Erik Woodring
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost TargetUnderweight ➝ Underweight$172.00 ➝ $186.00-14.80%
7/30/2025Barclays
3 of 5 stars		George Wang
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated RatingUnderweight ➝ Underweight$152.00 ➝ $167.00-24.08%
7/17/2025JPMorgan Chase & Co.
2 of 5 stars		Joseph Cardoso
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost TargetNeutral ➝ Neutral$215.00 ➝ $250.00+11.35%
2/26/2025Tigress Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Ivan Feinseth
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost TargetStrong-Buy ➝ Strong-Buy$265.00 ➝ $285.00+25.89%
5/22/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 DowngradeNeutral ➝ Underperform$165.00 ➝ $150.00-12.12%
2/22/2024Barrington Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetEqual Weight ➝ Equal Weight$119.00 ➝ $140.00+6.59%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 04:16 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 Saturday, August 23, 2025. Please send any questions or comments about these Garmin pros and cons to contact@marketbeat.com.

Garmin
Bull Case

green Wall Street bull icon

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

  • The current stock price is around $230, reflecting a strong market position and investor interest.
  • Garmin Ltd. reported a significant revenue increase of over 20% compared to the same quarter last year, indicating robust growth and demand for its products.
  • The company has a solid net margin of over 23%, showcasing its efficiency in converting revenue into profit.
  • Garmin Ltd. has a favorable return on equity of 20%, suggesting effective management and strong profitability relative to shareholder equity.
  • Analysts have recently upgraded their price targets for Garmin Ltd., with some projecting a target as high as $250, indicating positive market sentiment.

Garmin
Bear Case

red Wall Street bear icon

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

  • Despite recent growth, some analysts maintain an "underweight" rating on the stock, suggesting caution among certain investment professionals.
  • The company's dividend yield is relatively low at around 1.6%, which may not attract income-focused investors.
  • Insider selling activity has been noted, with key executives reducing their holdings, which could signal a lack of confidence in the stock's short-term performance.
  • Garmin Ltd. faces competition in the fitness and technology sectors, which could impact its market share and growth potential.
  • The price-to-earnings ratio is around 28, which may be considered high by some investors, indicating that the stock could be overvalued relative to its earnings.

GRMN Forecast - Frequently Asked Questions

According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for Garmin is $222.00, with a high forecast of $285.00 and a low forecast of $167.00.

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Garmin in the last year. There are currently 2 sell ratings, 1 hold rating and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" GRMN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GRMN, but not buy additional shares or sell existing shares.

According to analysts, Garmin's stock has a predicted downside of -5.82% based on their 12-month stock forecasts.

Garmin has been rated by research analysts at Barclays, JPMorgan Chase & Co., and Morgan Stanley in the past 90 days.

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

Related Companies
Today's Ratings
Top-Rated Stocks
More Ratings Tools

This page (NYSE:GRMN) was last updated on 8/27/2025 by MarketBeat.com Staff
From Our Partners
Musk’s Project Colossus could mint millionaires
I predict this single breakthrough could make Elon the world’s first trillionaire — and mint more new milliona...
Brownstone Research | Sponsoredtc pixel
INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off
Right now, we’re witnessing a monumental shift in the world.
Traders Agency | Sponsoredtc pixel
BONUS GUIDE - Ben Stein Prepares For the Next Financial Crisis
With inflation high, debt soaring, and global tensions rising, a financial storm may be brewing. Economist ...
Goldco Precious Metals | Sponsoredtc pixel
This is my Christian duty
“This land I will give to you…” — a 4,000-year-old line from Genesis may hold the key to unlocking a $150 tril...
Paradigm Press | Sponsoredtc pixel
Everyone’s watching Nvidia right now. Here’s why I’m excited.
So, unless you’ve been living under a rock, you probably saw the news… Nvidia just signed a $7 BILLION deal...
Timothy Sykes | Sponsoredtc pixel
Alex’s “Next Magnificent Seven” stocks
The original “Magnificent Seven” turned $7K into $1.18 million. Now, Alex Green has identified AI’s Next Ma...
The Oxford Club | Sponsoredtc pixel
Elon’s Secret Social Security Bombshell
To All Americans Born Before April 16th, 1963: Did Trump Just Give The Green Light To Radically RE-DO Social S...
Banyan Hill Publishing | Sponsoredtc pixel
Out of 18,347 Cryptocurrencies... This is the ONLY One
The Single Most Undervalued DeFi Protocol You've Never Heard Of If there's one cryptocurrency you should b...
Crypto 101 Media | Sponsoredtc pixel