GRMNN Stock Chart & Stats
$4912.19
$0.00(0.00%)
At close: 4:00 PM EDT
$4912.19
$0.00(0.00%)
Day’s Range― - ―
52-Week Range$3,318.01 - $5,544.69
Previous CloseN/A
Volume0.00
Average Volume (3M)2.00
Market Cap
$987.10B
Enterprise Value$54.78B
Total Cash (Recent Filing)$2.34B
Total Debt (Recent Filing)$173.49M
Price to Earnings (P/E)26.0
Beta-0.24
Next Earnings
Feb 24, 2027EPS Estimate
59.25Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)10.47
Shares Outstanding192,695,300
10 Day Avg. Volume3
30 Day Avg. Volume2
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$5,970.54Price Target Upside21.55% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)190.21
Revenue Forecast (FY)$151.25B
Bulls Say, Bears Say
Bulls Say
Diversified Growth And ProfitabilityGarmin combines expanding scale with strong product economics, giving it meaningful capacity to fund innovation and withstand segment volatility. Broad exposure across fitness, outdoor, aviation, marine and automotive markets supports resilience, while high margins provide flexibility to reinvest in durable growth.
Conservative Balance SheetMinimal leverage materially reduces financial risk and preserves flexibility through industry cycles. Garmin can support product development, capacity expansion and shareholder returns without relying heavily on refinancing or debt markets, strengthening its ability to pursue long-term opportunities.
Growing Connected-services EcosystemStrong Connect Plus adoption adds a recurring-service layer to Garmin's hardware ecosystem and can deepen customer engagement beyond the initial device sale. Renewals and broader functionality may improve lifetime customer value and make the installed base more economically productive over time.
Bears Say
Higher Costs And Weaker Cash ConversionElevated inventory and component prepayments are tying up more capital while higher memory costs pressure cash generation. If these conditions persist, Garmin may have less internally generated cash available for investment, acquisitions or shareholder returns despite solid reported profitability.
Auto OEM ContractionThe Auto OEM business is currently reducing consolidated growth quality because declining domain-controller revenue combines with negative operating profit. Continued weakness would dilute results from stronger segments and make overall earnings more dependent on consumer and specialized-market demand.
Operating-margin VolatilityThe margin decline indicates that revenue growth has not translated evenly into operating leverage and may reflect rising costs or unfavorable mix. Sustained pressure would limit earnings conversion and could reduce the financial benefit of Garmin's otherwise strong top-line momentum.
Garmin News
GRMNN FAQ
What was Garmin’s price range in the past 12 months?
Garmin lowest stock price was $3318.01 and its highest was $5544.69 in the past 12 months.
What is Garmin’s market cap?
Garmin’s market cap is $987.10B.
When is Garmin’s upcoming earnings report date?
Garmin’s upcoming earnings report date is Feb 24, 2027 which is in 116 days.
How were Garmin’s earnings last quarter?
Garmin released its earnings results on Oct 28, 2026. The company reported $52.115 earnings per share for the quarter, beating the consensus estimate of $45.582 by $6.533.
Is Garmin overvalued?
According to Wall Street analysts Garmin’s price is currently Undervalued.
Does Garmin pay dividends?
Garmin does not currently pay dividends.
What is Garmin’s EPS estimate?
Garmin’s EPS estimate is 59.25.
How many shares outstanding does Garmin have?
Garmin has 192,695,300 shares outstanding.
What happened to Garmin’s price movement after its last earnings report?
Garmin reported an EPS of $52.115 in its last earnings report, beating expectations of $45.582. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Garmin?
Currently, no hedge funds are holding shares in MX:GRMNN
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
Moderate Buy
Average Price Target:
$5,970.54 (21.55% Upside)
$5,970.54 (21.55% Upside)
Blogger Sentiment
Bullish
MX:GRMNN Sentiment 67%
Sector Average 64%
Sector Average 64%
Insider Transactions
Sold Shares
Worth $5.4M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
29.57%
12-Months-Change
Fundamentals
Return on Equity
21.91%
Trailing 12-Months
Asset Growth
13.98%
Trailing 12-Months
Learn more about TipRanks Smart Score
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.
GRMNN Company Deck
GRMNN Earnings Call
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call was strongly positive, characterized by record third-quarter results, double-digit growth in the fitness, outdoor, and marine segments, expanded profitability, raised full-year revenue and EPS guidance, strong product demand, and multiple aviation milestones. The main challenges were higher memory and component costs, elevated inventory and lower free cash flow, declining Auto OEM revenue, difficult China market conditions, and a softer marine market. Overall, the highlights significantly outweighed the lowlights.View all MX:GRMNN earnings summariesGRMNN Net sales Breakdown
32.53% Fitness
28.35% Outdoor
13.62% Aviation
16.32% Marine
9.17% Auto OEM
GRMNN Stock 12 Month Forecast
Average Price Target
$5,970.54
▲(21.55% Upside)