TipRanks
Go Ultimate55% OFF

Garmin (GRMNN) Stock Forecast & Price Target

See the Price Targets and Ratings of:All AnalystsTop AnalystsPremium

GRMNN Analyst Ratings

Moderate Buy
6Ratings
2Buy4Hold0Sell
Based on 6 analysts giving stock ratings to Garmin in the past 3 months

GRMNN Stock 12 Month Forecast

MXN 5,970.54▲(9.56% Upside)
Based on 6 Wall Street analysts offering 12 month price targets for Garmin in the last 3 months. The average price target is MXN 5,970.54 with a high forecast of MXN 6,986.40 and a low forecast of MXN 5,230.36. The average price target represents a 9.56% change from the last price of MXN 5,449.37.
Highest Price TargetMXN 6,986.40Average Price TargetMXN 5,970.54Lowest Price TargetMXN 5,230.36

Detailed List of Analyst Forecasts​

Analyst Type
Ranks
Analyst Rating
Upside/ Downside
Action
Analyst forecasts for MX:GRMNN
Price TargetFollowArticle
KeyBanc―hold―Reiterated10/29/26
BarclaysMXN 5,608.01→MXN 5,230.36hold-4.02%DownsideReiterated10/29/26
Morgan StanleyMXN 5,570.24→MXN 5,456.95hold0.14%UpsideAssigned10/29/26
J.P. MorganMXN 5,570.24→MXN 5,853.47hold7.42%UpsideReiterated10/29/26
Arete ResearchMXN 6,325.53buy16.08%UpsideInitiated10/14/26
Tigress FinancialMXN 6,136.71→MXN 6,986.40buy28.21%UpsideReiterated08/06/26
Bank of America SecuritiesMXN 3,493.20sell-35.90%DownsideReiterated02/23/26
Longbow ResearchMXN 4,720.54buy-13.37%DownsideUpgraded12/03/25
Stocks with the Highest Top Analyst Consensus in the Technology Sector
CLSCelestica
UCTTUltra Clean Holdings
TSMTSMC
AIPArteris
SAPSAP SE

Find stocks in the Technology sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering Garmin

3 Months
Ivan Feinseth
Ivan FeinsethTigress Financial
Success Rate9/19 ratings generated profit
47%
Average Return
+2.54%

Copying Ivan Feinseth's trades and holding each position for 3 Months would result in 47.37% of your transactions generating a profit, with an average return of +2.54% per trade.

1 Year
Ivan Feinseth
Ivan FeinsethTigress Financial
Success Rate12/19 ratings generated profit
63%
Average Return
+12.19%

Copying Ivan Feinseth's trades and holding each position for 1 Year would result in 63.16% of your transactions generating a profit, with an average return of +12.19% per trade.

2 Years
Ivan Feinseth
Ivan FeinsethTigress Financial
Success Rate14/19 ratings generated profit
74%
Average Return
+37.18%

Copying Ivan Feinseth's trades and holding each position for 2 Years would result in 73.68% of your transactions generating a profit, with an average return of +37.18% per trade.

GRMNN Analyst Recommendation Trends

05101520Oct 25Nov 25Dec 25Jan 26Feb 26Mar 26Apr 26May 26Jun 26Jul 26Aug 26Sep 26
Monthly rating counts for GRMNN
RatingMay 26Jun 26Jul 26Aug 26Sep 26
Strong Buy00000
Buy11112
Hold54455
Sell00000
Strong Sell00000
total65567

In the current month, GRMNN has received 2 Buy Ratings, 5 Hold Ratings, and 0 Sell Ratings. GRMNN average Analyst price target in the past 3 months is 5,970.54.

GRMNN Financial Forecast

MXN 38MXN 44MXN 50MXN 56MXN 62Q1 2026Q3 2026Q4 2026
HighMXN 61.23
ConsensusMXN 59.25
LowMXN 55.70

GRMNN Earnings Forecast

Next quarter’s earnings estimate for GRMNN is MXN 59.25 with a range of MXN 55.70 to MXN 61.23. The previous quarter’s EPS was MXN 52.11. Its overall industry beat the EPS estimate 49.22% of the time in the past 12 months.

MXN 33.1BMXN 36.2BMXN 39.2BMXN 42.3BMXN 45.3BQ1 2026Q3 2026Q4 2026
HighMXN 45.3B
ConsensusMXN 45B
LowMXN 44.7B

GRMNN Sales Forecast

Next quarter’s sales forecast for GRMNN is MXN 45.04B with a range of MXN 44.66B to MXN 45.31B. The previous quarter’s sales results were MXN 37.50B. Its overall industry beat sales estimates 53.85% of the time in the past 12 months.

GRMNN Stock Forecast FAQ

What is MX:GRMNN’s average 12-month price target, according to analysts?
Based on analyst ratings, Garmin’s 12-month average price target is Mex$5,970.54.
What is MX:GRMNN’s upside potential, based on the analysts’ average price target?
Garmin has 9.56% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is Garmin a Buy, Sell or Hold?
Garmin has a consensus rating of Moderate Buy, which is based on 2 buy ratings, 4 hold ratings and 0 sell ratings.
What is Garmin’s share price target?
The average share price target for Garmin is Mex$5,970.54. This is based on 6 Wall Street analysts’ 12-month price targets, issued in the past 3 months. The highest analyst share price target is Mex$6,986.40, and the lowest forecast is Mex$5,230.36. The average share price target represents a 9.56% increase from the current price of Mex$5,449.37.
What do analysts say about Garmin?
Garmin’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 6 Wall Street analysts.
How can I buy shares of Garmin?
To buy shares of MX:GRMNN, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.