Garmin Ltd (GRMN)

Currency in USD
285.57
-0.83(-0.29%)
Closed·
285.88+0.31(+0.11%)
·
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Fair Value
Day's Range
279.81287.40
52 wk Range
186.67314.28
Key Statistics
Prev. Close
286.4
Open
282.61
Day's Range
279.81-287.4
52 wk Range
186.67-314.28
Volume
651.8K
Average Volume (3m)
864.64K
1-Year Change
39.999%
Book Value / Share
49.52
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
299.00
Upside
+4.70%
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
Neutral
Technical Indicators
Sell
Moving Averages
Strong Buy

Analyst Ratings

3 Buy
5 Hold
1 Sell
Ratings:
9 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 299.00
(+4.70% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
BofA Securities
Sell230.00-19.46%220.00MaintainNov 02, 2026
Morgan Stanley
Hold295.00+3.30%289.00MaintainOct 29, 2026
JPMorgan
Hold310.00+8.55%295.00MaintainOct 29, 2026
KeyBanc
Hold---MaintainOct 29, 2026
Barclays
Hold277.00-3.00%297.00MaintainOct 29, 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 Q3/2026

  • Garmin posted Q3 2026 revenue of $1.99B (+12% YoY) and adjusted EPS of $2.76, beating profit estimates by $0.37 but shares fell 6% on margin concerns.
  • Gross margin expanded to 63.3% from favorable mix, lower costs, and $33M tariff refunds; operating margin rose 500bps to 30.8% with operating income up 34%.
  • Company raised FY2026 guidance to $8.15B revenue (+$100M) and $10.80 EPS (+$0.80), but warned higher memory costs will pressure future margins significantly.
  • Fitness (+16%) and outdoor (+20%) segments drove growth while auto OEM declined; new CIRQA wearable and fēnix 9 seeing strong demand ahead of holiday season.
  • Inventory increased to $2.3B for component security; new manufacturing facility to start production Q1 2027; Mercedes-Benz domain controller program expected early 2027.
Last Updated: 10/28/2026, 11:24 PM
Read Full Transcript

Earnings

Latest Release
Oct 28, 2026
EPS / Forecast
2.76 / 2.39
Revenue / Forecast
1.99B / 1.99B
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 10.47
Dividend Yield
1.47%
Industry Median 1.49%
Annualized 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
27.3x26.1x9.5x
PEG Ratio
0.96−0.640.02
Price/Book
5.8x3.7x1.4x
Price / LTM Sales
7.0x1.8x0.8x
Upside (Analyst Target)
4.7%−22.0%29.2%
Fair Value Upside
Unlock16.1%12.9%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 Garmin 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
65.83M34.13%19.03B
Other Institutional Investors
46.50M24.11%13.45B
Public Companies & Retail Investors
80.52M41.75%23.28B
Total
192.85M100.00%55.76B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BlackRock, Inc.7.69%14,821,6604,285,683
Vanguard Capital Management, LLC6.03%11,625,6133,361,546

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FAQ

What Is the Garmin (GRMN) Stock Price Today?

The Garmin stock price today is 285.57 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."

Does Garmin Pay Dividends? What’s The Current Dividend Yield?

The Garmin dividend yield is 1.5%%.

What Is the Garmin Market Cap?

As of today, Garmin market cap is 55.19B USD.

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

The Garmin EPS (TTM) is 10.47.

When Is the Next Garmin Earnings Date?

Garmin will release its next earnings report on Feb 24, 2027.

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 Nov 06, 2026, Garmin (GRMN) is trading at a price of 285.57 USD, with a previous close of 286.40 USD. The stock has fluctuated within a day range of 279.81 USD to 287.40 USD, while its 52-week range spans from 186.67 USD to 314.28 USD.

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

The average 12-month price target for Garmin is 299.00 USD, with a high estimate of 370 USD and a low estimate of 230 USD. 3 analysts recommend buying the stock, while 1 suggest selling, leading to an overall rating of Buy. The stock has an +4.70% Upside potential.

What Is the GRMN Premarket Price?

GRMN's last pre-market stock price is 284.07 USD. The pre-market share volume is 520.00, and the stock has decreased by -2.33, or -0.81%.

What Is the GRMN After Hours Price?

GRMN's last after hours stock price is 285.88 USD, the stock has decreased by 0.31, or 0.11%.
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