NASDAQ:GRMN - Garmin Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $109.33
  • Forecasted Upside: -6.59 %
  • Number of Analysts: 9
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$117.05
▲ +0.68 (0.58%)
1 month | 3 months | 12 months
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Analyst Price Target for GRMN

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$109.33
▼ -6.59% Downside Potential
This price target is based on 9 analysts offering 12 month price targets for Garmin in the last 3 months. The average price target is $109.33, with a high forecast of $120.00 and a low forecast of $95.00. The average price target represents a -6.59% upside from the last price of $117.05.
Buy
The current consensus among 9 polled investment analysts is to buy stock in Garmin. This rating has held steady since May 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
6/6/2019
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
9/4/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
12/3/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
3/2/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings
5/31/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 0 sell ratings
8/29/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 0 sell ratings
10/28/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 0 sell ratings
11/27/2020

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/22/2020Tigress FinancialReiterated RatingBuyLow
i
Rating by Ivan Feinseth at Tigress Financial
11/10/2020Credit Suisse GroupBoost Price TargetNeutral$96.00 ➝ $107.00Low
i
10/30/2020Bank of AmericaUpgradeUnderperform ➝ Buy$104.00 ➝ $120.00High
i
10/29/2020Morgan StanleyBoost Price TargetEqual Weight$103.00 ➝ $106.00High
i
7/31/2020Credit Suisse GroupBoost Price TargetNeutral$91.00 ➝ $96.00Low
i
7/30/2020JPMorgan Chase & Co.Boost Price Target$101.00 ➝ $110.00Low
i
Rating by Paul J Chung at JPMorgan Chase & Co.
7/29/2020Needham & Company LLCInitiated CoverageHoldLow
i
Rating by Richard Valera at Needham & Company LLC
6/15/2020Colliers SecuritiesUpgradeNeutral ➝ Buy$118.00Medium
i
Rating by C. Anderson at Colliers Securities
6/8/2020JPMorgan Chase & Co.Boost Price TargetOverweight$92.00 ➝ $101.00Medium
i
Rating by Paul J Chung at JPMorgan Chase & Co.
5/28/2020Tigress FinancialReiterated RatingBuyLow
i
Rating by Ivan Feinseth at Tigress Financial
5/18/2020Bank of AmericaLower Price TargetUnderperform$85.00 ➝ $76.00Medium
i
4/30/2020Needham & Company LLCReiterated RatingHoldHigh
i
4/30/2020Morgan StanleyBoost Price TargetEqual Weight$77.00 ➝ $82.00High
i
4/29/2020CfraLower Price TargetHold$104.00 ➝ $95.00High
i
3/25/2020Morgan StanleyLower Price TargetAbove Average$100.00 ➝ $77.00High
i
3/16/2020Cleveland ResearchUpgradeNeutral ➝ BuyHigh
i
3/4/2020Tigress FinancialReiterated RatingBuyMedium
i
Rating by Ivan Feinseth at Tigress Financial
3/2/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$100.00High
i
2/20/2020CfraBoost Price TargetHold$92.00 ➝ $104.00Low
i
2/20/2020Credit Suisse GroupBoost Price TargetNeutral$100.00 ➝ $104.00Low
i
2/20/2020JPMorgan Chase & Co.Boost Price TargetNeutral$90.00 ➝ $100.00High
i
2/20/2020Morgan StanleyBoost Price TargetEqual Weight$85.00 ➝ $100.00High
i
1/27/2020Credit Suisse GroupUpgradeUnderperform ➝ Neutral$73.00 ➝ $100.00High
i
11/27/2019Tigress FinancialReiterated RatingBuyLow
i
Rating by Ivan Feinseth at Tigress Financial
10/31/2019Morgan StanleyBoost Price TargetEqual Weight$81.00 ➝ $85.00Medium
i
8/16/2019Tigress FinancialReiterated RatingBuyLow
i
Rating by Ivan Feinseth at Tigress Financial
6/11/2019Tigress FinancialReiterated RatingBuyLow
i
6/7/2019JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$77.00 ➝ $75.00Low
i
5/2/2019Morgan StanleySet Price TargetHold$81.00Low
i
Rating by Yuuji Anderson at Morgan Stanley
2/25/2019Credit Suisse GroupBoost Price TargetUnderperform ➝ Underperform$58.00 ➝ $71.00Low
i
2/21/2019Longbow ResearchDowngradeBuy ➝ Neutral$81.95Low
i
Rating by Nikolay Todorov at Longbow Research
2/19/2019Longbow ResearchSet Price TargetBuy$75.00Low
i
Rating by Nikolay Todorov at Longbow Research
1/7/2019Morgan StanleyLower Price TargetEqual Weight ➝ Equal Weight$77.00 ➝ $70.00Low
i
Rating by Yuuji Anderson at Morgan Stanley
11/15/2018Bank of AmericaSet Price TargetSell$70.00Medium
i
Rating by Ronald Epstein at Bank of America Co.
9/21/2018Morgan StanleySet Price TargetEqual Weight ➝ Equal Weight$60.00 ➝ $77.00High
i
Rating by Yuuji Anderson at Morgan Stanley
9/20/2018Longbow ResearchSet Price TargetBuy$75.00Low
i
Rating by Joe Wittine at Longbow Research
7/19/2018Longbow ResearchSet Price TargetBuy$72.00Medium
i
Rating by Joe Wittine at Longbow Research
3/12/2018Tigress FinancialReiterated RatingBuyLow
i
2/22/2018Robert W. BairdReiterated RatingNeutral ➝ Neutral$57.00 ➝ $60.00Low
i
2/22/2018Credit Suisse GroupReiterated RatingNeutral ➝ HoldMedium
i
12/15/2017Tigress FinancialReiterated RatingBuyLow
i
12/12/2017Credit Suisse GroupReiterated RatingUnderperform$48.00 ➝ $58.00Medium
i
11/2/2017Morgan StanleyBoost Price TargetEqual Weight$52.00 ➝ $57.00N/A
i
Rating by Yuuji Anderson at Morgan Stanley
11/1/2017KeyCorpReiterated RatingHoldN/A
i
Rating by Brad Erickson at KeyCorp
8/8/2017OppenheimerReiterated RatingOutperform ➝ Market PerformLow
i
8/3/2017Longbow ResearchReiterated RatingBuyLow
i
Rating by Joe Wittine at Longbow Research
7/31/2017Morgan StanleySet Price TargetHold$47.00 ➝ $50.00Low
i
Rating by Yuuji Anderson at Morgan Stanley
7/19/2017Longbow ResearchUpgradeNeutral ➝ Buy$60.00High
i
7/10/2017Tigress FinancialReiterated RatingBuyLow
i
5/4/2017Bank of AmericaBoost Price TargetUnderperform$47.00 ➝ $50.00Low
i
5/4/2017The Goldman Sachs GroupBoost Price TargetNeutral$52.00 ➝ $54.00High
i
5/4/2017JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$55.00 ➝ $50.00High
i
5/2/2017Tigress FinancialInitiated CoverageBuy ➝ BuyMedium
i
3/6/2017The Goldman Sachs GroupUpgradeSell ➝ Neutral$48.00 ➝ $52.00N/A
i
2/23/2017OppenheimerReiterated RatingMarket PerformN/A
i
12/29/2016KeyCorpReiterated RatingEqual WeightN/A
i
8/25/2016Raymond JamesUpgradeMarket Perform ➝ Outperform$43.00N/A
i
Rating by Tavis McCourt at Raymond James
8/25/2016Morgan StanleyLower Price TargetEqual Weight$49.00 ➝ $46.00N/A
i
Rating by Jerry Liu at Morgan Stanley
8/24/2016The Goldman Sachs GroupDowngradeNeutral ➝ Sell$12.00N/A
i
8/22/2016Raymond JamesDowngradeOutperform ➝ Market Perform$30.93 ➝ $54.38N/A
i
Rating by Tavis McCourt at Raymond James
8/22/2016CitigroupDowngradeMarket PerformN/A
i
8/17/2016Longbow ResearchInitiated CoverageNeutralN/A
i
8/4/2016Bank of AmericaDowngradeBuy ➝ Underperform$47.00N/A
i
8/1/2016OppenheimerReiterated RatingMarket PerformN/A
i
7/28/2016Morgan StanleyLower Price TargetEqual Weight$49.00 ➝ $42.00N/A
i
7/28/2016JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$38.00 ➝ $47.00N/A
i
7/20/2016JPMorgan Chase & Co.Reiterated RatingSell$38.00N/A
i
6/10/2016Raymond JamesReiterated RatingBuyN/A
i
Rating by Tavis McCourt at Raymond James
4/19/2016Pacific CrestReiterated RatingSector PerformN/A
i
2/20/2016Needham & Company LLCReiterated RatingHoldN/A
i
Rating by Richard Valera at Needham & Company LLC
2/18/2016Robert W. BairdBoost Price TargetNeutral$39.00 ➝ $40.00N/A
i
2/18/2016Raymond JamesBoost Price Target$40.00 ➝ $44.00N/A
i
Rating by Tavis McCourt at Raymond James
2/18/2016Credit Suisse GroupBoost Price TargetUnderperform$32.00 ➝ $36.00N/A
i
Rating by Robert Spingarn at Credit Suisse Group AG
2/18/2016JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$36.00N/A
i
1/15/2016Credit Suisse GroupDowngradeNeutral ➝ Underperform$37.00 ➝ $32.00N/A
i
12/30/2015Dougherty & CoReiterated RatingNeutralN/A
i
Rating by Charlie Anderson at Dougherty & Co
(Data available from 11/28/2015 forward)
Garmin logo
Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of navigation, communication, and information devices worldwide. It operates through five segments: Auto, Aviation, Marine, Outdoor, and Fitness. The Auto segment offers personal navigation devices; infotainment systems; and action cameras, as well as mobile applications under the Garmin and NAVIGON names. The Aviation segment provides navigation, communication, flight control, hazard avoidance, weather radar, radar altimeter, datalink weather, in-cockpit and cloud connectivity, voice controls, and other products and services; wearables, portables, apps, training, simulation, and aviation data services; and traffic collision avoidance, engine information, and terrain awareness and warning systems. This segment also offers controller-pilot data link, a suite of automatic dependent surveillance broadcast solutions. The Marine segment provides chartplotters and multi-function displays, Cartography Products, fish finders, sounders, autopilot systems, radars, compliant instrument displays, VHF communication radios, handhelds and wearable devices, sailing products, and entertainment products. The Outdoor segment offers outdoor handhelds, wearable devices, golf devices, and dog tracking and training/pet obedience devices. The Fitness segment provides running/multi-sport watches, cycling computers, cycling power meters, cycling safety and awareness products, and Connect IQ and activity tracking devices, as well as Garmin Connect and Garmin Connect Mobile, which are Web and mobile platforms for users to track and analyze their fitness and wellness data. The company sells its global positioning system receivers and accessories to retail outlets; and aviation products to aviation dealers and aircraft manufacturers through a network of independent dealers and distributors. Garmin Ltd. was founded in 1990 and is based in Schaffhausen, Switzerland.
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Today's Range

Now: $117.05
$116.38
$118.01

50 Day Range

MA: $107.17
$97.57
$117.51

52 Week Range

Now: $117.05
$61.04
$120.42

Volume

373,766 shs

Average Volume

968,310 shs

Market Capitalization

$22.38 billion

P/E Ratio

22.00

Dividend Yield

2.10%

Beta

0.98