Garmin (GRMN)
NYSE:GRMN
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GRMN Stock Chart & Stats
$225.75
$0.81(0.39%)
At close: 4:00 PM EST
$225.75
$0.81(0.39%)
Day’s Range― - ―
52-Week Range$186.67 - $273.32
Previous CloseN/A
Volume129.15K
Average Volume (3M)737.56K
Market Cap
$45.31B
Enterprise Value$42.60B
Total Cash (Recent Filing)$2.70B
Total Debt (Recent Filing)$167.62M
Price to Earnings (P/E)25.7
Beta0.92
Next Earnings
Aug 05, 2026EPS Estimate
2.29Next Dividend Ex-DateN/A
Dividend Yield1.7%
Share Statistics
EPS (TTM)9.02
Shares Outstanding192,856,200
10 Day Avg. Volume566,968
30 Day Avg. Volume737,561
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 Cap0.94
Enterprise Value/Revenue5.71
Enterprise Value/Gross Profit9.65
Enterprise Value/Ebitda18.61
Forecast
1Y Price Target
$274.25Price Target Upside21.48% Upside
Rating ConsensusHold
Number of Analyst Covering5
EPS Forecast (FY)9.61
Revenue Forecast (FY)$8.00B
Bulls Say, Bears Say
Bulls Say
High ProfitabilitySustained high gross and net margins indicate durable pricing power and efficient product mix across segments. This margin profile supports operating leverage, funds R&D and product launches, and makes earnings resilient to moderate top-line softness over the next 2–6 months.
Conservative Balance SheetExtremely low leverage materially reduces refinancing and solvency risk and preserves strategic optionality. This balance-sheet conservatism supports sustained dividends, buybacks, opportunistic M&A or capex, and shields operations from macro funding shocks over the medium term.
Strong Cash GenerationRobust free cash flow that tracks earnings supports repeatable capital returns and internal investment. Healthy FCF enables dividend installments and share repurchases while funding product development and safety-stock inventories without relying on external financing.
Bears Say
Elevated Inventory / Working CapitalMaterial inventory build ties up liquidity and raises obsolescence and margin risk if end demand softens. Over the next few quarters, working-capital drag can depress operating cash flow conversion and constrain flexible deployment of the company’s otherwise strong cash resources.
Auto OEM HeadwindsA currently unprofitable OEM segment with an expected 2026 revenue decline is a structural drag on consolidated profitability. OEM programs have long cycles; delayed ramps (e.g., Mercedes) mean persistent margin dilution and uneven cash returns until new contracts scale.
Tariff And Input-Cost RiskTariff exposure and anticipated 2027 component-cost inflation pose a structural margin risk. Safety stock and FX helped in 2026, but sustained cost inflation or unresolved tariff liabilities could compress margins and require pricing or cost-structure adjustments over the medium term.
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 $273.32 in the past 12 months.
What is Garmin’s market cap?
Garmin’s market cap is $45.31B.
When is Garmin’s upcoming earnings report date?
Garmin’s upcoming earnings report date is Aug 05, 2026 which is in 48 days.
How were Garmin’s earnings last quarter?
Garmin released its earnings results on Apr 29, 2026. The company reported $2.08 earnings per share for the quarter, beating the consensus estimate of $1.835 by $0.245.
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 1.7%. See more information on Garmin dividends here
What is Garmin’s EPS estimate?
Garmin’s EPS estimate is 2.29.
How many shares outstanding does Garmin have?
Garmin has 192,856,200 shares outstanding.
What happened to Garmin’s price movement after its last earnings report?
Garmin reported an EPS of $2.08 in its last earnings report, beating expectations of $1.835. Following the earnings report the stock price went up 2.126%.
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
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5
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8
9
10
Analyst Consensus
Hold
Average Price Target:
$274.25 (21.48% Upside)
$274.25 (21.48% Upside)
Blogger Sentiment
Bullish
GRMN Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 12.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $482.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days >0.1%
Last 30 Days ▼ 1.6%
Last 30 Days ▼ 1.6%
Technicals
SMA
Positive
20 days / 200 days
Momentum
17.11%
12-Months-Change
Fundamentals
Return on Equity
19.93%
Trailing 12-Months
Asset Growth
11.90%
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
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call highlights a very strong start to 2026 with record first-quarter revenue and operating income, meaningful margin expansion, robust cash generation, and significant growth in key segments (notably Fitness +42%, Aviation +18%, Marine +11%). Management acknowledged some near-term headwinds—Outdoor decline versus a tough comp, tariff-related margin pressure (notably in Marine), elevated inventory, and an expected decline in auto OEM for 2026 with Mercedes ramping in 2027. Component cost inflation is flagged as a more pronounced risk in 2027. Overall, the positives (broad revenue growth, margin expansion, product momentum, and cash strength) outweigh the contained and largely forward-looking challenges.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
$274.25
▲(21.48% Upside)
Technical Analysis
Ownership Overview
14.52% Insiders
17.05% Mutual Funds
10.07% Other Institutional Investors
37.00% Public Companies and
Individual Investors