Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Garmin Corp has a consensus price target of $567.61 based on the ratings of 38 analysts. The high is $1350 issued by HSBC on May 10, 2024<. The low is $100 issued by Deutsche Bank on August 5, 2024. The 3 most-recent analyst ratings were released by New Street Research, Goldman Sachs, and Deutsche Bank on August 6, 2024, August 5, 2024, and August 5, 2024, respectively. With an average price target of $118.33 between New Street Research, Goldman Sachs, and Deutsche Bank, there's an implied 0.21% upside for Garmin Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Garmin (NYSE:GRMN) was reported by Tigress Financial on February 26, 2025. The analyst firm set a price target for $285.00 expecting GRMN to rise to within 12 months (a possible 32.25% upside). 14 analyst firms have reported ratings in the last year.
The latest analyst rating for Garmin (NYSE:GRMN) was provided by Tigress Financial, and Garmin maintained their strong buy rating.
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.
The last downgrade for Garmin Ltd happened on September 13, 2024 when Barclays changed their price target from $181 to $133 for Garmin Ltd.
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 February 26, 2025 so you should expect the next rating to be made available sometime around February 26, 2026.
While ratings are subjective and will change, the latest Garmin (GRMN) rating was a maintained with a price target of $265.00 to $285.00. The current price Garmin (GRMN) is trading at is $215.50, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.