Garmin Ltd (GRMN)

Currency in USD
242.42
-8.72(-3.47%)
Closed·
242.31-0.11(-0.05%)
·
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Fair Value
Day's Range
241.11252.64
52 wk Range
184.47273.32
Key Statistics
Prev. Close
251.14
Open
252.64
Day's Range
241.11-252.64
52 wk Range
184.47-273.32
Volume
716.58K
Average Volume (3m)
933.89K
1-Year Change
26.4053%
Book Value / Share
48.17
Fair Value
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Fair Value Upside
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GRMN Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
261.71
Upside
+7.96%
Members' Sentiments
Bearish
Bullish
ProTips
Holds more cash than debt on its balance sheet

Garmin Ltd News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Strong Sell

Analyst Ratings

2 Buy
4 Hold
2 Sell
Ratings:
8 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 261.71
(+7.96% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Morgan Stanley
Hold249.00+2.71%252.00MaintainApr 30, 2026
Barclays
Hold238.00-1.82%240.00MaintainApr 30, 2026
JPMorgan
Hold265.00+9.31%250.00MaintainFeb 19, 2026
Barclays
Hold240.00-1.00%217.00MaintainFeb 19, 2026
Morgan Stanley
Hold252.00+3.95%195.00UpgradeFeb 19, 2026

Garmin Ltd SWOT Analysis


GPS Giant's Crossroads
Garmin navigates a complex landscape of opportunities and challenges, balancing strong brand recognition with concerns over slowing growth and economic headwinds.
Financial Resilience
Explore Garmin's impressive financial health, with steady revenue growth, improving EPS, and robust free cash flow projections through 2027.
Market Dynamics
Delve into Garmin's diverse segment performance, from resilient wearables to softer marine sales, highlighting the company's adaptability in competitive markets.
Future Trajectory
Analyst targets range from $152 to $188, reflecting mixed sentiment on Garmin's growth potential amid technological disruption and market saturation concerns.
Read full SWOT analysis

Garmin Ltd Earnings Call Summary for Q1/2026

  • Garmin posted record Q1 revenue of $1.753B (up 14% YoY) with EPS of $2.08, beating forecasts of $1.81 by 14.92%
  • Fitness segment drove growth with 42% revenue increase; gross margin improved 180bps to 59.4%, operating margin rose 290bps to 24.6%
  • Stock declined 1.02% in pre-market despite earnings beat, reflecting concerns over rising inventory and tariff impacts on Marine segment
  • CEO Pemble cited 'diversified business model' strength; company maintains optimistic guidance with continued focus on innovation-driven strategy
  • Key risks include tariff pressures on Marine margins, elevated inventory levels, and expected component cost inflation impacting 2027 financials
Last Updated: 30/04/2026, 18:34
Read Full Transcript

Earnings

Latest Release
Apr 29, 2026
EPS / Forecast
2.08 / 1.81
Revenue / Forecast
1.75B / 1.72B
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 9.02%
Dividend Yield
1.73%
Industry Median 1.77%
Annualised payout
4.20
Paid quarterly
5-Years Growth
+9.40%
Growth Streak

GRMN Income Statement

Compare GRMN to Peers and Sector

Metrics to compare
GRMN
Peers
Sector
Relationship
P/E Ratio
26.9x27.8x10.5x
PEG Ratio
1.520.900.02
Price/Book
5.0x3.3x1.4x
Price / LTM Sales
6.3x2.1x0.9x
Upside (Analyst Target)
1.0%15.3%28.2%
Fair Value Upside
Unlock3.2%11.0%Unlock

Garmin Ltd. designs, develops, manufactures, markets, and distributes a diverse range of GPS-enabled products and navigation, communications, sensor-based, and information products and services worldwide. It offers running; cycling products; smartwatch devices; scales and monitors; and sports timing and performance analysis; Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms where users can track and analyze their fitness, activities and workouts, and wellness data; and Connect IQ, which enables third parties to create applications that run on Garmin devices. It also provides adventure watches; outdoor handhelds and satellite communicators; golf devices; consumer automotive; dog devices; InReach and Gramin response; and dive devices. In addition, it designs, manufactures, and markets various aircraft avionics solutions, including integrated flight decks, electronic flight displays and instrumentation, navigation and communication products, automatic flight control systems and safety-enhancing technologies, audio control systems, engine indication systems, traffic awareness and avoidance solutions, ADS-B and transponders, weather information and avoidance solutions, datalink and connectivity solutions, and portable GPS navigators and wearables, as well as service products to the aviation market. Further, it offers chartplotters and multi-function displays, cartography, fishfinders, sonar, autopilot systems, radars, compliant instrument displays and sensors, VHF communication radios, handhelds and wearable devices, sailing, audio, digital switching, trolling motors, and lighting; and domain controllers and infotainment units, as well as software, map database, camera, wearable, and automotive solutions. The company sells its products through independent retailers, dealers, distributors, installation and repair shops, OEM, and online webshop. Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland.

Employees
23000

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
61.47M31.87%14.90B
Other Institutional Investors
49.51M25.67%12.00B
Public Companies & Retail Investors
81.90M42.46%19.86B
Total
192.88M100.00%46.76B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
The Vanguard Group, Inc.10.45%20,163,8964,888,132
BlackRock, Inc.8.29%15,991,4953,876,658

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FAQ

What Is the Garmin (GRMN) Stock Price Today?

The Garmin stock price today is 242.42 USD.

What Stock Exchange Does Garmin Trade On?

Garmin is listed and trades on the New York Stock Exchange.

What Is the Stock Symbol for Garmin?

The stock symbol for Garmin is "GRMN."

What Is the Garmin (GRMN) Afterhours Price Today? (Afterhours variable test: 242.31) Current Date: May 02, 2026

After hours price: 242.31. After hours price change (units): -0.11. Price change percentage: -0.05%

What Is the Garmin Market Cap?

As of today, Garmin market cap is 46.75B USD.

What Is Garmin's Earnings Per Share (TTM)?

The Garmin EPS (TTM) is 9.02.

When Is the Next Garmin Earnings Date?

Garmin will release its next earnings report on Aug 05, 2026.

From a Technical Analysis Perspective, Is GRMN a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.

How Many Times Has Garmin Stock Split?

Garmin has split 1 times.

How Many Employees Does Garmin Have?

Garmin has 23000 employees.

What is the current trading status of Garmin (GRMN)?

As of May 02, 2026, Garmin (GRMN) is trading at a price of 242.42 USD, with a previous close of 251.14 USD. The stock has fluctuated within a day range of 241.11 USD to 252.64 USD, while its 52-week range spans from 184.47 USD to 273.32 USD.

What Is Garmin (GRMN) Price Target According to Analysts?

The average 12-month price target for Garmin is 261.71 USD, with a high estimate of 320 USD and a low estimate of 220 USD. 2 analysts recommend buying the stock, while 2 suggest selling, leading to an overall rating of Neutral. The stock has an +7.96% Upside potential.

What Is the GRMN Premarket Price?

GRMN's last pre-market stock price is 253.53 USD. The pre-market share volume is 210.00, and the stock has decreased by 2.39, or 0.95%.

What Is the GRMN After Hours Price?

GRMN's last after hours stock price is 242.31 USD, the stock has decreased by -0.11, or -0.05%.
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