NASDAQ:GRMN - Garmin Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $126.43
  • Forecasted Upside: 1.39 %
  • Number of Analysts: 10
  • Breakdown:
  • 0 Sell Ratings
  • 5 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$124.70
▲ +0.36 (0.29%)
1 month | 3 months | 12 months
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Analyst Price Target for GRMN

i We calculate 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 (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our 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. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$126.43
▲ +1.39% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Garmin in the last 3 months. The average price target is $126.43, with a high forecast of $146.00 and a low forecast of $95.00. The average price target represents a 1.39% upside from the last price of $124.70.
Buy
The current consensus among 10 polled investment analysts is to buy stock in Garmin. This rating has held steady since May 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
9/5/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
12/4/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
3/3/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings
6/1/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 0 sell ratings
8/30/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 0 sell ratings
11/28/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 0 sell ratings
1/27/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 0 sell ratings
2/26/2021

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/25/2021Morgan StanleyBoost Price TargetEqual Weight$123.00 ➝ $134.00Medium
i
2/25/2021Credit Suisse GroupBoost Price TargetNeutral$107.00 ➝ $129.00Medium
i
2/25/2021Deutsche Bank AktiengesellschaftBoost Price TargetHold$120.00 ➝ $130.00Medium
i
2/18/2021Deutsche Bank AktiengesellschaftBoost Price TargetHold$120.00 ➝ $130.00Medium
i
2/17/2021Credit Suisse GroupBoost Price TargetNeutral$107.00 ➝ $129.00Medium
i
2/4/2021JPMorgan Chase & Co.Boost Price TargetOverweight$112.00 ➝ $133.00Low
i
1/28/2021Colliers SecuritiesReiterated RatingBuyLow
i
Rating by D. Soderberg at Colliers Securities
1/14/2021Bank of AmericaReiterated RatingBuy$146.00Low
i
Rating by Ronald Epstein at Bank of America Co.
12/16/2020Morgan StanleyBoost Price TargetEqual Weight$106.00 ➝ $123.00Low
i
12/8/2020Deutsche Bank AktiengesellschaftInitiated CoverageHold$120.00Medium
i
11/22/2020Tigress FinancialReiterated RatingBuyLow
i
Rating by Ivan Feinseth at Tigress Financial
11/10/2020Credit Suisse GroupBoost Price TargetNeutral$96.00 ➝ $107.00Low
i
10/30/2020Bank of AmericaUpgradeUnderperform ➝ Buy$104.00 ➝ $120.00High
i
10/29/2020Morgan StanleyBoost Price TargetEqual Weight$103.00 ➝ $106.00High
i
7/31/2020Credit Suisse GroupBoost Price TargetNeutral$91.00 ➝ $96.00Low
i
7/30/2020JPMorgan Chase & Co.Boost Price Target$101.00 ➝ $110.00Low
i
Rating by Paul J Chung at JPMorgan Chase & Co.
7/29/2020Needham & Company LLCInitiated CoverageHoldLow
i
Rating by Richard Valera at Needham & Company LLC
6/15/2020Colliers SecuritiesUpgradeNeutral ➝ Buy$118.00Medium
i
Rating by C. Anderson at Colliers Securities
6/8/2020JPMorgan Chase & Co.Boost Price TargetOverweight$92.00 ➝ $101.00Medium
i
Rating by Paul J Chung at JPMorgan Chase & Co.
5/28/2020Tigress FinancialReiterated RatingBuyLow
i
Rating by Ivan Feinseth at Tigress Financial
5/18/2020Bank of AmericaLower Price TargetUnderperform$85.00 ➝ $76.00Medium
i
4/30/2020Needham & Company LLCReiterated RatingHoldHigh
i
4/30/2020Morgan StanleyBoost Price TargetEqual Weight$77.00 ➝ $82.00High
i
4/29/2020CfraLower Price TargetHold$104.00 ➝ $95.00High
i
3/25/2020Morgan StanleyLower Price TargetAbove Average$100.00 ➝ $77.00High
i
3/16/2020Cleveland ResearchUpgradeNeutral ➝ BuyHigh
i
3/4/2020Tigress FinancialReiterated RatingBuyMedium
i
Rating by Ivan Feinseth at Tigress Financial
3/2/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$100.00High
i
2/20/2020CfraBoost Price TargetHold$92.00 ➝ $104.00Low
i
2/20/2020Credit Suisse GroupBoost Price TargetNeutral$100.00 ➝ $104.00Low
i
2/20/2020JPMorgan Chase & Co.Boost Price TargetNeutral$90.00 ➝ $100.00High
i
2/20/2020Morgan StanleyBoost Price TargetEqual Weight$85.00 ➝ $100.00High
i
1/27/2020Credit Suisse GroupUpgradeUnderperform ➝ Neutral$73.00 ➝ $100.00High
i
11/27/2019Tigress FinancialReiterated RatingBuyLow
i
Rating by Ivan Feinseth at Tigress Financial
10/31/2019Morgan StanleyBoost Price TargetEqual Weight$81.00 ➝ $85.00Medium
i
8/16/2019Tigress FinancialReiterated RatingBuyLow
i
Rating by Ivan Feinseth at Tigress Financial
6/11/2019Tigress FinancialReiterated RatingBuyLow
i
6/7/2019JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$77.00 ➝ $75.00Low
i
5/2/2019Morgan StanleySet Price TargetHold$81.00Low
i
Rating by Yuuji Anderson at Morgan Stanley
2/25/2019Credit Suisse GroupBoost Price TargetUnderperform ➝ Underperform$58.00 ➝ $71.00Low
i
2/21/2019Longbow ResearchDowngradeBuy ➝ Neutral$81.95Low
i
Rating by Nikolay Todorov at Longbow Research
2/19/2019Longbow ResearchSet Price TargetBuy$75.00Low
i
Rating by Nikolay Todorov at Longbow Research
1/7/2019Morgan StanleyLower Price TargetEqual Weight ➝ Equal Weight$77.00 ➝ $70.00Low
i
Rating by Yuuji Anderson at Morgan Stanley
11/15/2018Bank of AmericaSet Price TargetSell$70.00Medium
i
Rating by Ronald Epstein at Bank of America Co.
9/21/2018Morgan StanleySet Price TargetEqual Weight ➝ Equal Weight$60.00 ➝ $77.00High
i
Rating by Yuuji Anderson at Morgan Stanley
9/20/2018Longbow ResearchSet Price TargetBuy$75.00Low
i
Rating by Joe Wittine at Longbow Research
7/19/2018Longbow ResearchSet Price TargetBuy$72.00Medium
i
Rating by Joe Wittine at Longbow Research
3/12/2018Tigress FinancialReiterated RatingBuyLow
i
2/22/2018Robert W. BairdReiterated RatingNeutral ➝ Neutral$57.00 ➝ $60.00Low
i
2/22/2018Credit Suisse GroupReiterated RatingNeutral ➝ HoldMedium
i
12/15/2017Tigress FinancialReiterated RatingBuyLow
i
12/12/2017Credit Suisse GroupReiterated RatingUnderperform$48.00 ➝ $58.00Medium
i
11/2/2017Morgan StanleyBoost Price TargetEqual Weight$52.00 ➝ $57.00N/A
i
Rating by Yuuji Anderson at Morgan Stanley
11/1/2017KeyCorpReiterated RatingHoldN/A
i
Rating by Brad Erickson at KeyCorp
8/8/2017OppenheimerReiterated RatingOutperform ➝ Market PerformLow
i
8/3/2017Longbow ResearchReiterated RatingBuyLow
i
Rating by Joe Wittine at Longbow Research
7/31/2017Morgan StanleySet Price TargetHold$47.00 ➝ $50.00Low
i
Rating by Yuuji Anderson at Morgan Stanley
7/19/2017Longbow ResearchUpgradeNeutral ➝ Buy$60.00High
i
7/10/2017Tigress FinancialReiterated RatingBuyLow
i
5/4/2017Bank of AmericaBoost Price TargetUnderperform$47.00 ➝ $50.00Low
i
5/4/2017The Goldman Sachs GroupBoost Price TargetNeutral$52.00 ➝ $54.00High
i
5/4/2017JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$55.00 ➝ $50.00High
i
5/2/2017Tigress FinancialInitiated CoverageBuy ➝ BuyMedium
i
3/6/2017The Goldman Sachs GroupUpgradeSell ➝ Neutral$48.00 ➝ $52.00N/A
i
2/23/2017OppenheimerReiterated RatingMarket PerformN/A
i
12/29/2016KeyCorpReiterated RatingEqual WeightN/A
i
8/25/2016Raymond JamesUpgradeMarket Perform ➝ Outperform$43.00N/A
i
Rating by Tavis McCourt at Raymond James
8/25/2016Morgan StanleyLower Price TargetEqual Weight$49.00 ➝ $46.00N/A
i
Rating by Jerry Liu at Morgan Stanley
8/24/2016The Goldman Sachs GroupDowngradeNeutral ➝ Sell$12.00N/A
i
8/22/2016Raymond JamesDowngradeOutperform ➝ Market Perform$30.93 ➝ $54.38N/A
i
Rating by Tavis McCourt at Raymond James
8/22/2016CitigroupDowngradeMarket PerformN/A
i
8/17/2016Longbow ResearchInitiated CoverageNeutralN/A
i
8/4/2016Bank of AmericaDowngradeBuy ➝ Underperform$47.00N/A
i
8/1/2016OppenheimerReiterated RatingMarket PerformN/A
i
7/28/2016Morgan StanleyLower Price TargetEqual Weight$49.00 ➝ $42.00N/A
i
7/28/2016JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$38.00 ➝ $47.00N/A
i
7/20/2016JPMorgan Chase & Co.Reiterated RatingSell$38.00N/A
i
6/10/2016Raymond JamesReiterated RatingBuyN/A
i
Rating by Tavis McCourt at Raymond James
4/19/2016Pacific CrestReiterated RatingSector PerformN/A
i
(Data available from 2/26/2016 forward)
Garmin logo
Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of navigation, communication, and information devices in the Americas, the Asia Pacific, Australian Continent, Europe, the Middle East, and Africa. Its Fitness segment offers running and multi-sport watches; cycling products; activity tracking and smartwatch devices; and fitness and cycling accessories. This segment also provides Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms; and Connect IQ, an application development platform. The company's Outdoor segment offers adventure watches, outdoor handhelds, golf devices, and dog tracking and training devices. Its Aviation segment designs, manufactures, and markets various aircraft avionics solutions comprising 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 transponder solutions, weather information and avoidance solutions, datalink and connectivity solutions, portable GPS navigators and wearables, and various services products. The company's Marine segment provides chartplotters and multi-function displays, cartography products, fish finders, sonar products, autopilot systems, radars, compliant instrument displays and sensors, VHF communication radios, handhelds and wearable devices, sailing products, entertainment, digital switching products, and trolling motors. Its Auto segment offers embedded computing models and infotainment systems; personal navigation devices; and cameras. The company sells its products through independent retailers, online retailers, dealers, distributors, installation and repair shops, and original equipment manufacturers, as well as an online webshop, garmin.com. Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland.
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Today's Range

Now: $124.70
$123.45
$125.58

50 Day Range

MA: $123.31
$114.86
$132.48

52 Week Range

Now: $124.70
$61.04
$133.43

Volume

11,747 shs

Average Volume

763,845 shs

Market Capitalization

$23.89 billion

P/E Ratio

23.44

Dividend Yield

1.90%

Beta

0.98

Frequently Asked Questions

What sell-side analysts currently cover shares of Garmin?

The following sell-side analysts have issued stock ratings on Garmin in the last twelve months: Bank of America Co., Cfra, Cleveland Research, Colliers Securities, Credit Suisse Group AG, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Morgan Stanley, Needham & Company LLC, Tigress Financial, and Zacks Investment Research.
View the latest analyst ratings for GRMN.

What is the current price target for Garmin?

7 Wall Street analysts have set twelve-month price targets for Garmin in the last year. Their average twelve-month price target is $126.43, suggesting a possible upside of 1.7%. Bank of America Co. has the highest price target set, predicting GRMN will reach $146.00 in the next twelve months. Cfra has the lowest price target set, forecasting a price of $95.00 for Garmin in the next year.
View the latest price targets for GRMN.

What is the current consensus analyst rating for Garmin?

Garmin currently has 5 hold ratings and 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe GRMN will outperform the market and that investors should add to their positions of Garmin.
View the latest ratings for GRMN.

What other companies compete with Garmin?

How do I contact Garmin's investor relations team?

Garmin's physical mailing address is MUHLENTALSTRASSE 2, SCHAFFHAUSEN V8, CH-8200. The scientific and technical instruments company's listed phone number is 41-52-630-1600 and its investor relations email address is [email protected] The official website for Garmin is www.garmin.com.