Garmin (GRMN) Stock Forecast & Price Target

$218.24 +0.67 (+0.31%)

Closing price 03:58 PM Eastern

Extended Trading

$218.50 +0.26 (+0.12%)

As of 04:28 PM Eastern

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

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.

Consensus Rating

Reduce

Based on 5 Analyst Ratings

Sell
3

Hold
1

Buy
1

Based on 5 Wall Street analysts who have issued ratings for Garmin in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 5 analysts, 3 have given a sell rating, 1 has given a hold rating, and 1 has given a strong buy rating for GRMN.

Consensus Price Target

$210.80
-3.41% Downside

According to the 5 analysts' twelve-month price targets for Garmin, the average price target is $210.80. The highest price target for GRMN is $285.00, while the lowest price target for GRMN is $150.00. The average price target represents a forecasted downside of -3.41% from the current price of $218.24.

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.

GRMN Analyst Ratings Over Time

Type	Current Forecast 4/2/24 to 4/2/25	1 Month Ago 3/3/24 to 3/3/25	3 Months Ago 1/3/24 to 1/2/25	1 Year Ago 4/3/23 to 4/2/24
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)	2 Hold rating(s)	6 Hold rating(s)
Sell	3 Sell rating(s)	3 Sell rating(s)	3 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$210.80	$210.80	$171.00	$131.50
Forecasted Upside	-3.41% Downside	-6.71% Downside	-16.40% Downside	-9.77% Downside
Consensus Rating	Reduce	Reduce	Reduce	Hold

Remove Ads

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	1.80	2.68	2.54
Consensus Rating	Reduce	Moderate Buy	Moderate Buy
Predicted Upside	-2.50% Downside	592.04% Upside	19.02% Upside
News Sentiment Rating	Positive News See Recent GRMN News	Positive News	Positive News

Remove Ads

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
2/26/2025	Tigress Financial 4 of 5 stars	Ivan Feinseth Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Strong-Buy ➝ Strong-Buy	$265.00 ➝ $285.00	+25.89%
2/20/2025	Barclays 3 of 5 stars	G. Wang Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Underweight ➝ Underweight	$158.00 ➝ $188.00	-17.45%
2/20/2025	JPMorgan Chase & Co. 3 of 5 stars	Joseph Cardoso Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$219.00 ➝ $260.00	+13.14%
2/11/2025	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Sell	$164.00 ➝ $171.00	-29.23%
5/22/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral ➝ Underperform	$165.00 ➝ $150.00	-12.12%
2/22/2024	Barrington Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$119.00 ➝ $140.00	+6.59%
5/4/2023	VNET Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains
4/18/2023	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Sector Weight ➝ Sector Weight

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 04:39 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, March 28, 2025. 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.:

Garmin Ltd. reported a strong quarterly earnings result with an EPS of $2.41, significantly surpassing analysts' expectations of $1.90. This indicates robust financial performance and effective management, which can attract investors.
The company has shown impressive revenue growth, with a year-over-year increase of 22.9%, reaching $1.82 billion in the latest quarter. This growth suggests a strong demand for Garmin's products and services.
Garmin Ltd. has a solid market capitalization of approximately $41.74 billion, reflecting its stability and presence in the market, which can be appealing to long-term investors.
The current stock price is $216.95, which is near its 50-day moving average of $217.23, indicating a stable price trend that may attract investors looking for less volatility.
The company has a dividend yield of 1.66%, providing a steady income stream for investors, which is particularly attractive in a low-interest-rate environment.

Garmin
Bear Case

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

Insider selling has been notable, with 24,342 shares sold in the last ninety days, which may signal a lack of confidence in the company's future performance among those who know it best.
Several analysts have downgraded their ratings on Garmin Ltd., with Morgan Stanley issuing a "sell" rating, which could indicate potential challenges ahead for the stock.
The stock has a relatively high P/E ratio of 29.68, suggesting that it may be overvalued compared to its earnings, which could deter value-focused investors.
Garmin Ltd. has a beta of 0.96, indicating that it is slightly less volatile than the market. While this can be seen as a positive, it may also mean less potential for high returns in a bullish market.
Analysts have mixed opinions on the stock, with an average rating of "Hold," which may suggest uncertainty about its future performance and limit investor enthusiasm.

GRMN Forecast - Frequently Asked Questions

: According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Garmin is $210.80, with a high forecast of $285.00 and a low forecast of $150.00.
: 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Garmin in the last year. There are currently 3 sell ratings, 1 hold rating and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "reduce" GRMN shares.
: According to analysts, Garmin's stock has a predicted downside of -3.41% based on their 12-month stock forecasts.
: Over the previous 90 days, Garmin's stock had 2 upgrades by analysts.
: Garmin has been rated by research analysts at Barclays, JPMorgan Chase & Co., Morgan Stanley, and Tigress Financial in the past 90 days.
: Analysts like Garmin less than other "computer and technology" companies. The consensus rating for Garmin is Reduce while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how GRMN compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top-Rated Stocks

More Ratings Tools

This page (NYSE:GRMN) was last updated on 4/2/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Garmin (GRMN) Stock Forecast & Price Target