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GRMN Stock Chart & Stats
$243.03
-$1.78(-0.73%)
At close: 4:00 PM EDT
$243.03
-$1.78(-0.73%)
Day’s Range― - ―
52-Week Range$186.67 - $314.28
Previous CloseN/A
Volume270.30K
Average Volume (3M)879.21K
Market Cap
$57.36B
Enterprise Value$42.50K
Total Cash (Recent Filing)$2.67B
Total Debt (Recent Filing)$177.96M
Price to Earnings (P/E)30.3
Beta0.97
Next Earnings
Nov 04, 2026EPS Estimate
2.39Next Dividend Ex-DateN/A
Dividend Yield1.27%
Share Statistics
EPS (TTM)9.75
Shares Outstanding192,852,540
10 Day Avg. Volume864,274
30 Day Avg. Volume879,207
Financial Highlights & Ratios
PEG Ratio1.34
Price to Book (P/B)4.41
Price to Sales (P/S)5.46
P/FCF Ratio29.02
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$312.75Price Target Upside28.69% Upside
Rating ConsensusHold
Number of Analyst Covering5
EPS Forecast (FY)10.01
Revenue Forecast (FY)$8.10B
Bulls Say, Bears Say
Bulls Say
High ProfitabilityGarmin’s strong margins are notable for a hardware company and indicate differentiated products, pricing power, and efficient operations. Sustained profitability provides resilience against input-cost pressure while funding product development and growth investments.
Balance Sheet And Cash FlowMinimal leverage and substantial cash generation give Garmin financial flexibility to invest in capacity, pursue acquisitions, support dividends, and withstand cyclical weakness. Strong cash conversion also supports the quality and durability of reported earnings.
Diversified GrowthGarmin’s exposure across fitness, marine, aviation, and other specialized markets reduces dependence on one product category. Raised guidance and broad segment growth suggest its innovation pipeline and installed ecosystem can support continued expansion.
Bears Say
Growth NormalizationThe sharp earlier growth trajectory has moderated, and weakness in Outdoor shows that demand is not uniform across categories. Slower underlying expansion could make future performance more dependent on successful product launches and share gains.
Auto OEM WeaknessAuto OEM remains a low-margin and volatile business, creating a drag on consolidated profitability. The expected second-half loss before the Mercedes-Benz program ramps in 2027 leaves Garmin exposed to execution, timing, and customer-concentration risks.
Cost And Working Capital PressureMemory-cost inflation can compress margins even with guidance protection, while elevated inventory and receivables tie up cash and increase execution risk. If demand softens, working-capital intensity could weaken cash conversion and require higher provisions.
Garmin News
GRMN FAQ
What was Garmin’s price range in the past 12 months?
Garmin lowest stock price was $186.67 and its highest was $314.28 in the past 12 months.
What is Garmin’s market cap?
Garmin’s market cap is $57.36B.
When is Garmin’s upcoming earnings report date?
Garmin’s upcoming earnings report date is Nov 04, 2026 which is in 76 days.
How were Garmin’s earnings last quarter?
Garmin released its earnings results on Jul 29, 2026. The company reported $2.81 earnings per share for the quarter, beating the consensus estimate of $2.298 by $0.512.
Is Garmin overvalued?
According to Wall Street analysts Garmin’s price is currently Undervalued.
Does Garmin pay dividends?
Garmin pays a Quarterly dividend of $1.05 which represents an annual dividend yield of 1.27%. See more information on Garmin dividends here
What is Garmin’s EPS estimate?
Garmin’s EPS estimate is 2.39.
How many shares outstanding does Garmin have?
Garmin has 192,852,540 shares outstanding.
What happened to Garmin’s price movement after its last earnings report?
Garmin reported an EPS of $2.81 in its last earnings report, beating expectations of $2.298. Following the earnings report the stock price went up 16.235%.
Which hedge fund is a major shareholder of Garmin?
Currently, no hedge funds are holding shares in GRMN
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Garmin Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$312.75 (28.69% Upside)
$312.75 (28.69% Upside)
Blogger Sentiment
Neutral
GRMN Sentiment 56%
Sector Average 59%
Sector Average 59%
Hedge Fund Trend
Increased
By 12.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $509.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.2%
Last 30 Days ▲ 16.7%
Last 30 Days ▲ 16.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
4.59%
12-Months-Change
Fundamentals
Return on Equity
1.27%
Trailing 12-Months
Asset Growth
10.65%
Trailing 12-Months
Company Description
Garmin
Garmin Ltd. specializes in the design, development, manufacturing, marketing, and global distribution of diverse wireless products and solutions. Its operations span across North and South America, the Asia Pacific region, the Australian Continent, Europe, the Middle East, and Africa. The company's offerings are organized into several key segments: Fitness: This division caters to athletes and active individuals with products like specialized running and multi-sport watches, cycling computers, activity trackers, smartwatches, and various fitness-related accessories. Additionally, it supports these offerings with its Garmin Connect web and mobile platforms, alongside Connect IQ, an ecosystem for app development. Outdoor: Garmin's Outdoor category features rugged adventure watches, portable GPS devices, golf-specific instruments and accompanying mobile applications, plus specialized dog tracking and training systems. Aviation: The Aviation sector delivers comprehensive avionics solutions for aircraft, encompassing integrated cockpit systems, advanced flight displays and instrumentation, navigation and communication tools, automated flight controls, safety enhancements, audio management, engine monitoring, traffic and weather avoidance systems, ADS-B transponders, data connectivity, portable GPS navigators, wearable aviation devices, and related support services. Marine: For the Marine market, Garmin provides a suite of solutions including chartplotters, multi-function displays, marine cartography, fish finders, sonar technology, autopilots, radar systems, compliant instrumentation and sensors, VHF radios, handheld and wearable marine devices, sailing-specific products, onboard entertainment, digital switching, and electric trolling motors. Auto: The Automotive segment focuses on in-vehicle computing and infotainment systems, personal navigation units, and various camera solutions. Garmin's products are distributed through a diverse network including independent and online retailers, authorized dealers, distributors, service and installation centers, original equipment manufacturers (OEMs), and directly via its official e-commerce platform, garmin.com. Established in 1989, Garmin Ltd. maintains its corporate headquarters in Schaffhausen, Switzerland.
GRMN Company Deck
GRMN Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call communicated strong, broad-based financial performance with record quarterly results, raised full-year guidance, robust segment-level wins (notably fitness, marine, and aviation), solid cash generation, and strategic M&A and capacity investments. The negatives were relatively limited: a small revenue decline in Outdoor, near-term weakness and low margins in Auto OEM with an expected H2 dip, dependency on a $21M tariff refund that partially boosted margins, and expected memory cost inflation in H2. Working capital increases and higher investment spending are noted risks but are balanced by strong profitability and cash flow.View all GRMN earnings summariesGRMN Net sales Breakdown
32.53% Fitness
28.35% Outdoor
13.62% Aviation
16.32% Marine
9.17% Auto OEM
GRMN Stock 12 Month Forecast
Average Price Target
$312.75
▲(28.69% Upside)
Technical Analysis
Ownership Overview
12.01% Insiders
17.00% Mutual Funds
9.36% Other Institutional Investors
39.06% Public Companies and
Individual Investors