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NYSE: GRMN
Garmin Ltd Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for GRMN

Based on 8 analysts offering 12 month price targets for Garmin Ltd.
Min Forecast
$100.00-29.09%
Avg Forecast
$140.50-0.37%
Max Forecast
$175.00+24.1%

Should I buy or sell GRMN stock?

Based on 8 analysts offering ratings for Garmin Ltd.
Buy
Strong Buy
2 analysts 25%
Buy
0 analysts 0%
Hold
6 analysts 75%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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GRMN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-11
lockedlocked$00.00+00.00%2024-04-03
lockedlocked$00.00+00.00%2024-02-27
lockedlocked$00.00+00.00%2024-02-22
lockedlocked$00.00+00.00%2024-01-08
JP Morgan
Bottom 45%
45
Strong BuyMaintains$135.00-4.27%2023-11-02
Morgan Stanley
Top 39%
62
HoldMaintains$100.00-29.09%2023-11-02
Barclays
Top 30%
71
HoldMaintains$119.00-15.61%2023-11-02

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Forecast return on equity

Is GRMN forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
20.01%

Forecast return on assets

Is GRMN forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

GRMN revenue forecast

What is GRMN's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$5.8B+10.38%
Avg 2 year Forecast
$6.2B+19.07%
Avg 3 year Forecast
$7.0B+33.35%
GRMN's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

GRMN earnings growth forecast

How is GRMN forecast to perform vs Scientific & Technical Instruments companies and vs the US market?
Company
-10.33%
Industry
29.42%
Market
28.64%
GRMN's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
GRMN's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
GRMN's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

GRMN revenue growth forecast

How is GRMN forecast to perform vs Scientific & Technical Instruments companies and vs the US market?
Company
9.91%
Industry
4.99%
Market
9.23%
GRMN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
GRMN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

GRMN vs Scientific & Technical Instrument Stocks

TickerPricePrice TargetUp/downsideConsensus
GRMN$141.02$140.50-0.37%Buy
FTV$80.36$87.75+9.20%Buy
KEYS$144.74$159.75+10.37%Buy
TDY$404.08$470.00+16.31%Strong Buy
TRMB$58.94$64.80+9.94%Buy
View Top Scientific & Technical Instrument Stocks

Garmin Stock Forecast FAQ

Is Garmin Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: GRMN) stock is to Buy GRMN stock.

Out of 8 analysts, 2 (25%) are recommending GRMN as a Strong Buy, 0 (0%) are recommending GRMN as a Buy, 6 (75%) are recommending GRMN as a Hold, 0 (0%) are recommending GRMN as a Sell, and 0 (0%) are recommending GRMN as a Strong Sell.

If you're new to stock investing, here's how to buy Garmin stock.

What is GRMN's revenue growth forecast for 2024-2026?

(NYSE: GRMN) Garmin's forecast annual revenue growth rate of 9.91% is forecast to beat the US Scientific & Technical Instruments industry's average forecast revenue growth rate of 4.99%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.23%.

Garmin's revenue in 2024 is $5,228,252,000.On average, 3 Wall Street analysts forecast GRMN's revenue for 2024 to be $1,106,786,404,323, with the lowest GRMN revenue forecast at $1,102,762,338,782, and the highest GRMN revenue forecast at $1,114,834,918,959. On average, 3 Wall Street analysts forecast GRMN's revenue for 2025 to be $1,193,872,912,937, with the lowest GRMN revenue forecast at $1,170,344,700,533, and the highest GRMN revenue forecast at $1,215,657,101,512.

In 2026, GRMN is forecast to generate $1,337,056,042,021 in revenue, with the lowest revenue forecast at $1,337,028,042,518 and the highest revenue forecast at $1,337,084,041,524.

What is GRMN's forecast return on assets (ROA) for 2024-2026?

(NYSE: GRMN) forecast ROA is N/A, which is lower than the forecast US Scientific & Technical Instruments industry average of N/A.

What is GRMN's Price Target?

According to 8 Wall Street analysts that have issued a 1 year GRMN price target, the average GRMN price target is $140.50, with the highest GRMN stock price forecast at $175.00 and the lowest GRMN stock price forecast at $100.00.

On average, Wall Street analysts predict that Garmin's share price could fall to $140.50 by Apr 11, 2025. The average Garmin stock price prediction forecasts a potential downside of 0.37% from the current GRMN share price of $141.02.

What is GRMN's forecast return on equity (ROE) for 2024-2026?

(NYSE: GRMN) forecast ROE is N/A, which is considered weak.
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