NASDAQ:GRMN - Garmin Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $139.20
  • Forecasted Upside: -2.68 %
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 5 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$143.04
▲ +1.17 (0.82%)

This chart shows the closing price for GRMN by one month, three months, or twelve months.

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Analyst Price Target for GRMN

Analyst Price Target is $139.20
▼ -2.68% Downside Potential
This price target is based on 8 analysts offering 12 month price targets for Garmin in the last 3 months. The average price target is $139.20, with a high forecast of $155.00 and a low forecast of $130.00. The average price target represents a -2.68% upside from the last price of $143.04.

This chart shows the closing price for GRMN for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 8 polled investment analysts is to hold stock in Garmin. This rating has held steady since March 2020, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart

  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
1/1/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
3/31/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 5 hold ratings
  • 0 sell ratings
6/29/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 5 hold ratings
  • 0 sell ratings
9/27/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 6 hold ratings
  • 0 sell ratings
12/26/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 0 sell ratings
3/26/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
5/25/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
6/24/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
6/22/2021Bank of AmericaDowngradeBuy ➝ Neutral$155.00Low
4/29/2021Credit Suisse GroupBoost Price TargetNeutral$129.00 ➝ $140.00Low
4/29/2021Morgan StanleyBoost Price TargetEqual Weight$134.00 ➝ $138.00Low
2/25/2021Morgan StanleyBoost Price TargetEqual Weight$123.00 ➝ $134.00Medium
2/18/2021Deutsche Bank AktiengesellschaftBoost Price TargetHold$120.00 ➝ $130.00Medium
2/17/2021Credit Suisse GroupBoost Price TargetNeutral$107.00 ➝ $129.00Medium
2/4/2021JPMorgan Chase & Co.Boost Price TargetOverweight$112.00 ➝ $133.00Low
1/28/2021Colliers SecuritiesReiterated RatingBuyLow
1/14/2021Bank of AmericaReiterated RatingBuy$146.00Low
12/16/2020Morgan StanleyBoost Price TargetEqual Weight$106.00 ➝ $123.00Low
12/8/2020Deutsche Bank AktiengesellschaftInitiated CoverageHold$120.00Medium
11/22/2020Tigress FinancialReiterated RatingBuyLow
11/10/2020Credit Suisse GroupBoost Price TargetNeutral$96.00 ➝ $107.00Low
10/30/2020Bank of AmericaUpgradeUnderperform ➝ Buy$104.00 ➝ $120.00High
10/29/2020Morgan StanleyBoost Price TargetEqual Weight$103.00 ➝ $106.00High
7/31/2020Credit Suisse GroupBoost Price TargetNeutral$91.00 ➝ $96.00Low
7/30/2020JPMorgan Chase & Co.Boost Price Target$101.00 ➝ $110.00Low
7/29/2020Needham & Company LLCInitiated CoverageHoldLow
6/15/2020Colliers SecuritiesUpgradeNeutral ➝ Buy$118.00Medium
6/8/2020JPMorgan Chase & Co.Boost Price TargetOverweight$92.00 ➝ $101.00Medium
5/28/2020Tigress FinancialReiterated RatingBuyLow
5/18/2020Bank of AmericaLower Price TargetUnderperform$85.00 ➝ $76.00Medium
4/30/2020Needham & Company LLCReiterated RatingHoldHigh
4/30/2020Morgan StanleyBoost Price TargetEqual Weight$77.00 ➝ $82.00High
4/29/2020CfraLower Price TargetHold$104.00 ➝ $95.00High
3/25/2020Morgan StanleyLower Price TargetAbove Average$100.00 ➝ $77.00High
3/16/2020Cleveland ResearchUpgradeNeutral ➝ BuyHigh
3/4/2020Tigress FinancialReiterated RatingBuyMedium
3/2/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$100.00High
2/20/2020CfraBoost Price TargetHold$92.00 ➝ $104.00Low
2/20/2020Credit Suisse GroupBoost Price TargetNeutral$100.00 ➝ $104.00Low
2/20/2020JPMorgan Chase & Co.Boost Price TargetNeutral$90.00 ➝ $100.00High
2/20/2020Morgan StanleyBoost Price TargetEqual Weight$85.00 ➝ $100.00High
1/27/2020Credit Suisse GroupUpgradeUnderperform ➝ Neutral$73.00 ➝ $100.00High
11/27/2019Tigress FinancialReiterated RatingBuyLow
10/31/2019Morgan StanleyBoost Price TargetEqual Weight$81.00 ➝ $85.00Medium
8/16/2019Tigress FinancialReiterated RatingBuyLow
6/11/2019Tigress FinancialReiterated RatingBuyLow
6/7/2019JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$77.00 ➝ $75.00Low
5/2/2019Morgan StanleySet Price TargetHold$81.00Low
2/25/2019Credit Suisse GroupBoost Price TargetUnderperform ➝ Underperform$58.00 ➝ $71.00Low
2/21/2019Longbow ResearchDowngradeBuy ➝ Neutral$81.95Low
2/19/2019Longbow ResearchSet Price TargetBuy$75.00Low
1/7/2019Morgan StanleyLower Price TargetEqual Weight ➝ Equal Weight$77.00 ➝ $70.00Low
11/15/2018Bank of AmericaSet Price TargetSell$70.00Medium
9/21/2018Morgan StanleySet Price TargetEqual Weight ➝ Equal Weight$60.00 ➝ $77.00High
9/20/2018Longbow ResearchSet Price TargetBuy$75.00Low
7/19/2018Longbow ResearchSet Price TargetBuy$72.00Medium
3/12/2018Tigress FinancialReiterated RatingBuyLow
2/22/2018Robert W. BairdReiterated RatingNeutral ➝ Neutral$57.00 ➝ $60.00Low
2/22/2018Credit Suisse GroupReiterated RatingNeutral ➝ HoldMedium
12/15/2017Tigress FinancialReiterated RatingBuyLow
12/12/2017Credit Suisse GroupReiterated RatingUnderperform$48.00 ➝ $58.00Medium
11/2/2017Morgan StanleyBoost Price TargetEqual Weight$52.00 ➝ $57.00N/A
11/1/2017KeyCorpReiterated RatingHoldN/A
8/8/2017OppenheimerReiterated RatingOutperform ➝ Market PerformLow
8/3/2017Longbow ResearchReiterated RatingBuyLow
7/31/2017Morgan StanleySet Price TargetHold$47.00 ➝ $50.00Low
7/19/2017Longbow ResearchUpgradeNeutral ➝ Buy$60.00High
7/10/2017Tigress FinancialReiterated RatingBuyLow
5/4/2017Bank of AmericaBoost Price TargetUnderperform$47.00 ➝ $50.00Low
5/4/2017The Goldman Sachs GroupBoost Price TargetNeutral$52.00 ➝ $54.00High
5/4/2017JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$55.00 ➝ $50.00High
5/2/2017Tigress FinancialInitiated CoverageBuy ➝ BuyMedium
3/6/2017The Goldman Sachs GroupUpgradeSell ➝ Neutral$48.00 ➝ $52.00N/A
2/23/2017OppenheimerReiterated RatingMarket PerformN/A
12/29/2016KeyCorpReiterated RatingEqual WeightN/A
8/25/2016Raymond JamesUpgradeMarket Perform ➝ Outperform$43.00N/A
8/25/2016Morgan StanleyLower Price TargetEqual Weight$49.00 ➝ $46.00N/A
8/24/2016The Goldman Sachs GroupDowngradeNeutral ➝ Sell$12.00N/A
8/22/2016Raymond JamesDowngradeOutperform ➝ Market Perform$30.93 ➝ $54.38N/A
8/22/2016CitigroupDowngradeMarket PerformN/A
8/17/2016Longbow ResearchInitiated CoverageNeutralN/A
8/4/2016Bank of AmericaDowngradeBuy ➝ Underperform$47.00N/A
8/1/2016OppenheimerReiterated RatingMarket PerformN/A
7/28/2016Morgan StanleyLower Price TargetEqual Weight$49.00 ➝ $42.00N/A
7/28/2016JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$38.00 ➝ $47.00N/A
7/20/2016JPMorgan Chase & Co.Reiterated RatingSell$38.00N/A
(Data available from 6/24/2016 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: $143.04
Low: $141.99
High: $143.39

50 Day Range

MA: $140.75
Low: $136.15
High: $144.76

52 Week Range

Now: $143.04
Low: $91.84
High: $145.20

Volume

411,692 shs

Average Volume

701,684 shs

Market Capitalization

$27.48 billion

P/E Ratio

26.20

Dividend Yield

1.89%

Beta

1.04

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., 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?

5 Wall Street analysts have set twelve-month price targets for Garmin in the last year. Their average twelve-month price target is $139.20, suggesting a possible downside of 1.9%. Bank of America Co. has the highest price target set, predicting GRMN will reach $155.00 in the next twelve months. Deutsche Bank Aktiengesellschaft has the lowest price target set, forecasting a price of $130.00 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 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in GRMN, but not buy more shares or sell existing shares.
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.