• Consensus Rating: Moderate Buy
  • Consensus Price Target: $123.20
  • Forecasted Upside: 19.35%
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 1 Buy Ratings
  • 1 Strong Buy Ratings
+0 (0.00%)

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

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New Garmin Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for GRMN and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for GRMN

Analyst Price Target is $123.20
▲ +19.35% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Garmin in the last 3 months. The average price target is $123.20, with a high forecast of $165.00 and a low forecast of $103.00. The average price target represents a 19.35% upside from the last price of $103.23.

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

Read Analyst Price Chart DescriptionSkip Analyst Price Chart

Current Consensus is Moderate Buy

The current consensus among 6 polled investment analysts is to moderate buy stock in Garmin. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 1 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
  • 1 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
  • 1 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
  • 1 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
  • 1 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
  • 1 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
  • 1 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
  • 1 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings

Latest Recommendations

  • 1 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
8/10/2023Tigress FinancialReiterated RatingStrong-Buy ➝ Strong-Buy$165.00Low
8/8/2023Bank of AmericaBoost TargetNeutral ➝ Neutral$110.00 ➝ $120.00Low
8/3/2023Morgan StanleyLower TargetEqual Weight ➝ Equal Weight$104.00 ➝ $103.00Low
8/3/2023BarclaysBoost TargetEqual Weight ➝ Equal Weight$106.00 ➝ $113.00Low
5/4/2023VNET GroupReiterated RatingMaintainsLow
5/4/2023BarclaysBoost Target$101.00 ➝ $106.00Low
4/18/2023KeyCorpInitiated CoverageSector Weight ➝ Sector WeightLow
3/3/2023Tigress FinancialReiterated RatingStrong-Buy$165.00Low
2/23/2023JPMorgan Chase & Co.Boost TargetOverweight$108.00 ➝ $115.00Low
2/23/2023Morgan StanleyBoost TargetEqual Weight$91.00 ➝ $99.00Low
2/23/2023BarclaysBoost TargetEqual Weight$97.00 ➝ $101.00Low
11/9/2022BarclaysInitiated CoverageEqual Weight$97.00N/A
10/17/2022Morgan StanleyLower TargetEqual Weight$96.00 ➝ $91.00Low
8/5/2022Tigress FinancialLower TargetStrong-Buy$208.00 ➝ $165.00Low
8/2/2022Bank of AmericaDowngradeBuy ➝ Neutral$137.00 ➝ $109.00Low
6/14/2022Morgan StanleyLower TargetEqual Weight$127.00 ➝ $115.00Low
5/6/2022Tigress FinancialBoost Target$205.00 ➝ $208.00Low
4/28/2022Deutsche Bank AktiengesellschaftLower Target$160.00 ➝ $150.00Medium
3/18/2022Bank of AmericaUpgradeNeutral ➝ Buy$165.00 ➝ $140.00High
2/25/2022Tigress FinancialBoost Target$202.00 ➝ $205.00Low
2/17/2022Morgan StanleyLower TargetEqual Weight$141.00 ➝ $127.00Medium
1/5/2022Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy$148.00 ➝ $160.00High
11/24/2021Tigress FinancialBoost TargetStrong-Buy$198.00 ➝ $202.00High
11/5/2021Deutsche Bank AktiengesellschaftLower TargetHold$155.00 ➝ $148.00Medium
10/28/2021Morgan StanleyLower TargetEqual Weight$147.00 ➝ $141.00Medium
8/4/2021Tigress FinancialReiterated RatingStrong-Buy$174.00 ➝ $198.00Low
7/29/2021Morgan StanleyBoost TargetEqual Weight$138.00 ➝ $147.00Medium
7/29/2021Deutsche Bank AktiengesellschaftBoost TargetPositive ➝ Hold$140.00 ➝ $155.00Medium
6/22/2021Bank of AmericaDowngradeBuy ➝ Neutral$155.00Low
4/29/2021Credit Suisse GroupBoost TargetNeutral$129.00 ➝ $140.00Low
4/29/2021Morgan StanleyBoost TargetEqual Weight$134.00 ➝ $138.00Low
2/25/2021Morgan StanleyBoost TargetEqual Weight$123.00 ➝ $134.00Medium
2/18/2021Deutsche Bank AktiengesellschaftBoost TargetHold$120.00 ➝ $130.00Medium
2/17/2021Credit Suisse GroupBoost TargetNeutral$107.00 ➝ $129.00Medium
2/4/2021JPMorgan Chase & Co.Boost TargetOverweight$112.00 ➝ $133.00Low
1/28/2021Colliers SecuritiesReiterated RatingBuyLow
1/14/2021Bank of AmericaReiterated RatingBuy$146.00Low
12/16/2020Morgan StanleyBoost TargetEqual Weight$106.00 ➝ $123.00Low
12/8/2020Deutsche Bank AktiengesellschaftInitiated CoverageHold$120.00Medium
11/22/2020Tigress FinancialReiterated RatingBuyLow
11/10/2020Credit Suisse GroupBoost TargetNeutral$96.00 ➝ $107.00Low
10/30/2020Bank of AmericaUpgradeUnderperform ➝ Buy$104.00 ➝ $120.00High
10/29/2020Morgan StanleyBoost TargetEqual Weight$103.00 ➝ $106.00High
7/31/2020Credit Suisse GroupBoost TargetNeutral$91.00 ➝ $96.00Low
7/30/2020JPMorgan Chase & Co.Boost Target$101.00 ➝ $110.00Low
7/29/2020Needham & Company LLCInitiated CoverageHoldLow
6/15/2020Colliers SecuritiesUpgradeNeutral ➝ Buy$118.00Medium
6/8/2020JPMorgan Chase & Co.Boost TargetOverweight$92.00 ➝ $101.00Medium
5/28/2020Tigress FinancialReiterated RatingBuyLow
5/18/2020Bank of AmericaLower TargetUnderperform$85.00 ➝ $76.00Medium
4/30/2020Needham & Company LLCReiterated RatingHoldHigh
4/30/2020Morgan StanleyBoost TargetEqual Weight$77.00 ➝ $82.00High
4/29/2020CfraLower TargetHold$104.00 ➝ $95.00High
3/25/2020Morgan StanleyLower TargetAbove Average$100.00 ➝ $77.00High
3/4/2020Tigress FinancialReiterated RatingBuyMedium
3/2/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$100.00High
2/20/2020CfraBoost TargetHold$92.00 ➝ $104.00Low
2/20/2020Credit Suisse GroupBoost TargetNeutral$100.00 ➝ $104.00Low
2/20/2020JPMorgan Chase & Co.Boost TargetNeutral$90.00 ➝ $100.00High
2/20/2020Morgan StanleyBoost 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 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 TargetHold$81.00Low
2/25/2019Credit Suisse GroupBoost TargetUnderperform ➝ Underperform$58.00 ➝ $71.00Low
2/21/2019Longbow ResearchDowngradeBuy ➝ Neutral$81.95Low
2/19/2019Longbow ResearchSet TargetBuy$75.00Low
1/7/2019Morgan StanleyLower TargetEqual Weight ➝ Equal Weight$77.00 ➝ $70.00Low
11/15/2018Bank of AmericaSet TargetSell$70.00Medium
(Data available from 9/27/2018 forward)

News Sentiment Rating

0.72 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 16 very positive mentions
  • 11 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
  • 17 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
  • 21 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
  • 19 very positive mentions
  • 23 positive mentions
  • 7 negative mentions
  • 0 very negative mentions
  • 25 very positive mentions
  • 48 positive mentions
  • 9 negative mentions
  • 0 very negative mentions
  • 24 very positive mentions
  • 35 positive mentions
  • 6 negative mentions
  • 1 very negative mentions
  • 16 very positive mentions
  • 29 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
  • 26 very positive mentions
  • 39 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Current Sentiment

  • 26 very positive mentions
  • 39 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Garmin logo
Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless 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; 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 mobile apps, 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, fishfinders, 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 domain controllers and infotainment systems; personal navigation devices; and cameras. The company sells its products through independent 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.
Read More

Today's Range

Now: $103.23
Low: $102.65
High: $103.90

50 Day Range

MA: $104.85
Low: $101.60
High: $107.71

52 Week Range

Now: $103.23
Low: $76.37
High: $108.56


523,669 shs

Average Volume

825,500 shs

Market Capitalization

$19.76 billion

P/E Ratio


Dividend Yield




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., Barclays PLC, JPMorgan Chase & Co., KeyCorp, Morgan Stanley, StockNews.com, TheStreet, Tigress Financial, and VNET Group, Inc..
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 $123.20, suggesting a possible upside of 19.0%. Tigress Financial has the highest price target set, predicting GRMN will reach $165.00 in the next twelve months. Morgan Stanley has the lowest price target set, forecasting a price of $103.00 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 4 hold ratings, 1 buy rating and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
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 (152) 630-1600 and its investor relations email address is in[email protected]. The official website for Garmin is www.garmin.com. Learn More about contacing Garmin investor relations.