Garmin
(NYSE:GRMN)
$166.50
1.17[0.71%]
At close: May 3
$166.50
0[0.00%]
After Hours: 7:10PM EDT
Q1 2024 Earnings were released on Wed May 1st, before the market open
The most recent conference call was at 10:30 AM, 3 days ago Click to view past webcast
Consensus Rating1
Equal-Weight
Highest Price Target1
$175.00
Lowest Price Target1
$99.00
Consensus Price Target1
$127.86

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

Garmin Ltd has a consensus price target of $127.86, established from looking at the 34 latest analyst ratings. The last 3 analyst ratings were released from JP Morgan, Barclays, and JP Morgan on May 2, 2024, May 2, 2024, and April 11, 2024. With an average price target of $165.33 between JP Morgan, Barclays, and JP Morgan, there's an implied -0.70% downside for Garmin Ltd from these 3 analyst ratings.

Analyst Trend
1
Jan
1
1
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2
May
Buy
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Sell
Strong Sell
Analyst Rating
12345
1.9
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

JP Morgan
Barclays
B of A Securities
Tigress Financial
Barrington Research

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Garmin

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ticker
Buy Now
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FAQ

Q

What is the target price for Garmin (GRMN)?

A

The latest price target for Garmin (NYSE: GRMN) was reported by JP Morgan on May 2, 2024. The analyst firm set a price target for $175.00 expecting GRMN to rise to within 12 months (a possible 5.11% upside). 14 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 JP Morgan, and Garmin maintained their neutral 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 January 8, 2024 when JP Morgan changed their price target from N/A to $135 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 May 2, 2024 so you should expect the next rating to be made available sometime around May 2, 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 $155.00 to $175.00. The current price Garmin (GRMN) is trading at is $166.50, which is within the analyst’s predicted range.

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