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Garmin

GRMNNYSE
Logo brought to you by Benzinga Data
$210.33
1.220.58%
At close: -
$210.33
00.00%
After Hours: Nov 22, 4:41 PM EDT
Consensus Rating1
Equal-Weight
Highest Price Target1
$215.00
Lowest Price Target1
$99.00
Consensus Price Target1
$139.00

Garmin (NYSE:GRMN) Stock, Analyst Ratings, Price Targets, Forecasts

Garmin Ltd has a consensus price target of $139 based on the ratings of 14 analysts. The high is $215 issued by Tigress Financial on September 19, 2024. The low is $99 issued by Morgan Stanley on February 23, 2023. The 3 most-recent analyst ratings were released by Barclays, Tigress Financial, and Barclays on November 1, 2024, September 19, 2024, and September 13, 2024, respectively. With an average price target of $168.67 between Barclays, Tigress Financial, and Barclays, there's an implied -19.81% downside for Garmin Ltd from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Aug
1
1
Sep
1
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.0
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Barclays
Tigress Financial
B of A Securities
JP Morgan
Barrington Research

1calculated from analyst ratings

Analyst Ratings for Garmin

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Garmin (GRMN) stock?

A

The latest price target for Garmin (NYSE:GRMN) was reported by Barclays on November 1, 2024. The analyst firm set a price target for $158.00 expecting GRMN to fall to within 12 months (a possible -24.88% downside). 13 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Garmin (GRMN)?

A

The latest analyst rating for Garmin (NYSE:GRMN) was provided by Barclays, and Garmin maintained their underweight rating.

Q

When was the last upgrade for Garmin (GRMN)?

A

The last upgrade for Garmin Ltd happened on March 18, 2022 when B of A Securities raised their price target to $140. B of A Securities previously had a neutral for Garmin Ltd.

Q

When was the last downgrade for Garmin (GRMN)?

A

The last downgrade for Garmin Ltd happened on September 13, 2024 when Barclays changed their price target from $181 to $133 for Garmin Ltd.

Q

When is the next analyst rating going to be posted or updated for Garmin (GRMN)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Garmin, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Garmin was filed on November 1, 2024 so you should expect the next rating to be made available sometime around November 1, 2025.

Q

Is the Analyst Rating Garmin (GRMN) correct?

A

While ratings are subjective and will change, the latest Garmin (GRMN) rating was a maintained with a price target of $133.00 to $158.00. The current price Garmin (GRMN) is trading at is $210.33, which is out of the analyst’s predicted range.

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