Garmin Ltd (GRMN)

Currency in USD
293.78
-3.77(-1.27%)
Closed·
294.00+0.22(+0.07%)
·
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Fair Value
Day's Range
288.03298.45
52 wk Range
186.67304.00
Key Statistics
Prev. Close
297.55
Open
295.66
Day's Range
288.03-298.45
52 wk Range
186.67-304
Volume
1.17M
Average Volume (3m)
907.01K
1-Year Change
34.3117%
Book Value / Share
46.82
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
283.86
Downside
-3.38%
Members' Sentiments
Bearish
Bullish
ProTips
Has raised its dividend for 9 consecutive years

Garmin Ltd News & Analysis

Show more

Technical Analysis

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

Analyst Ratings

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

Analysts 12-Month Price Target:

Average 283.86
(-3.38% Downside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
JPMorgan
Hold295.00+0.42%285.00MaintainJul 30, 2026
Morgan Stanley
Hold289.00-1.63%249.00MaintainJul 30, 2026
Barclays
Hold297.00+1.10%238.00MaintainJul 30, 2026
Morgan Stanley
Hold249.00-15.24%252.00MaintainApr 30, 2026
Barclays
Hold238.00-18.99%240.00MaintainApr 30, 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 Q2/2026

  • Garmin Q2 2026 EPS of $2.81 beat estimates by $0.51; revenue of $2.02B topped forecasts by $80M, driving shares up 17% to $296.76.
  • Gross margin expanded 360bps to 62.4%, operating margin rose 440bps to 30.4%, reflecting favorable product mix and disciplined cost control.
  • Full-year guidance raised: revenue outlook increased to $8.05B from $7.9B; pro forma EPS guidance lifted to $10 from $9.35 per share.
  • Fitness segment led growth with 25% revenue increase to $757M; marine up 14%, aviation up 8%, while outdoor declined 2% year-over-year.
  • Management warned rising memory costs may pressure H2 margins; auto OEM expected to decline as BMW volumes peak before Mercedes launch in early 2027.
Last Updated: 29/07/2026, 16:22
Read Full Transcript

Earnings

Latest Release
Jul 29, 2026
EPS / Forecast
2.81 / 2.30
Revenue / Forecast
2.02B / 1.94B
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 9.69%
Dividend Yield
1.43%
Industry Median 1.44%
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
30.2x19.7x10.4x
PEG Ratio
1.530.590.02
Price/Book
6.3x2.7x1.4x
Price / LTM Sales
7.4x2.1x0.9x
Upside (Analyst Target)
0.4%12.0%27.4%
Fair Value Upside
Unlock4.4%12.7%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
62.08M32.19%18.24B
Other Institutional Investors
51.01M26.45%14.99B
Public Companies & Retail Investors
79.76M41.36%23.43B
Total
192.86M100.00%56.66B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BlackRock, Inc.8.00%15,437,2034,535,141
Vanguard Capital Management, LLC5.51%10,623,1563,120,871

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FAQ

What Is the Garmin (GRMN) Stock Price Today?

The Garmin stock price today is 293.78 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: 294.00) Current Date: Aug 02, 2026

After hours price: 294.00. After hours price change (units): 0.22. Price change percentage: 0.07%

What Is the Garmin Market Cap?

As of today, Garmin market cap is 56.66B USD.

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

The Garmin EPS (TTM) is 9.69.

When Is the Next Garmin Earnings Date?

Garmin will release its next earnings report on Nov 04, 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 Buy.

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 Aug 02, 2026, Garmin (GRMN) is trading at a price of 293.78 USD, with a previous close of 297.55 USD. The stock has fluctuated within a day range of 288.03 USD to 298.45 USD, while its 52-week range spans from 186.67 USD to 304.00 USD.

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

The average 12-month price target for Garmin is 283.86 USD, with a high estimate of 330 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 -3.38% Downside potential.

What Is the GRMN Premarket Price?

GRMN's last pre-market stock price is 298.00 USD. The pre-market share volume is 390.00, and the stock has decreased by 0.45, or 0.15%.

What Is the GRMN After Hours Price?

GRMN's last after hours stock price is 294.00 USD, the stock has decreased by 0.22, or 0.07%.
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