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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 - $304.00
Previous CloseN/A
Volume270.30K
Average Volume (3M)879.21K
Market Cap
$48.92B
Enterprise Value$42.50K
Total Cash (Recent Filing)$2.67B
Total Debt (Recent Filing)$177.96M
Price to Earnings (P/E)28.1
Beta0.93
Next Earnings
Nov 04, 2026EPS Estimate
2.37Next Dividend Ex-DateN/A
Dividend Yield1.27%
Share Statistics
EPS (TTM)9.75
Shares Outstanding192,856,200
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
$301.50Price Target Upside24.06% Upside
Rating ConsensusHold
Number of Analyst Covering5
EPS Forecast (FY)9.76
Revenue Forecast (FY)$8.01B
Bulls Say, Bears Say
Bulls Say
High And Durable ProfitabilitySustained, above-industry hardware margins provide durable cash generation and pricing leverage. High gross and operating margins allow funding for R&D, product launches, and shareholder returns, reducing reliance on growth to drive profitability and supporting long-term earnings resilience.
Exceptionally Conservative Balance SheetMinimal leverage and substantial liquidity give Garmin strong financial flexibility to invest, weather cyclical downturns, pursue OEM programs, and sustain dividends/repurchases. This structural conservatism materially lowers insolvency risk and preserves strategic optionality over months to years.
Product Leadership And Fitness Segment MomentumRobust wearable growth and repeated product introductions signal durable market share gains and ecosystem stickiness. High-margin Fitness sales, recurring software/features attach rates, and ongoing innovation support sustainable top-line expansion and higher lifetime customer value across cycles.
Bears Say
Elevated Inventory And Working Capital BuildLarge inventory ties up cash and raises risk of obsolescence or markdowns, especially for hardware with product cycles. While positioned as safety stock, persistent elevated inventories can pressure future cash conversion and margin if demand shifts or product timing slips over the next several quarters.
Auto OEM Segment Weakness And GAAP LossesDependence on OEM programs with long lead times and program phasing creates structural revenue volatility. A loss-making OEM segment can drag consolidated margins and cash returns until new programs ramp, making near-term earnings and segment recovery uncertain over the coming 2–6 months.
Tariff And Input-Cost Inflation RiskSustained tariffs and rising component costs can compress hardware margins, especially in segments exposed to import duties. Even if 2026 buffers exist, anticipated 2027 cost passthroughs present a structural margin risk that could reduce free cash flow and require price or product-mix adjustments.
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 $304.00 in the past 12 months.
What is Garmin’s market cap?
Garmin’s market cap is $48.92B.
When is Garmin’s upcoming earnings report date?
Garmin’s upcoming earnings report date is Nov 04, 2026 which is in 96 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 2.37.
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 $2.81 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:
$301.50 (24.06% Upside)
$301.50 (24.06% Upside)
Blogger Sentiment
Neutral
GRMN Sentiment 56%
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
Very Positive
Last 7 Days ▲ 2.6%
Last 30 Days ▲ 4.5%
Last 30 Days ▲ 4.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
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 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
$301.50
▲(24.06% Upside)
Technical Analysis
Ownership Overview
14.52% Insiders
17.00% Mutual Funds
1.57% Other Institutional Investors
44.52% Public Companies and
Individual Investors