NYSE: GRMN

Garmin (GRMN) Stock Analysis & Forecast

Garmin Ltd. Electronic technology sector, telecommunications equipment industry. Market cap $52.82B.

$274.06−1.29 (−0.5%)

Close on Sep 18, 2026. Page updated Sep 19, 9:15 pm ET.

Gekko Brief

AI summary

Garmin closes at $274.06, down 0.5%, sitting between its 50-day average of $279.01 and 200-day average of $242.16. The GekkoIndex reads 65.9, placing the stock in the Accumulation zone, while Gekko Fair Value stands at $238.84, putting price 14.7% above that level. Over the past year the stock has returned 17%, with a three-month return of 17% and a six-month return of 16.6%, though the past month shows a decline of 7.3%.

Recent coverage centers on an upgrade to Strong Buy and commentary describing Garmin as coming off a record high while still in what one piece called buy range. A separate discounted cash flow analysis places fair value near $256, following what it describes as a year-to-date performance of +39.2%. Dividend-related notes also circulated, with Garmin trading near its 52-week high around the September 10 close, a declared cash dividend of $1.05 per share, an ex-dividend date of September 11, and a forward dividend yield near 1.68%, alongside a dividend growth rate of 6.50% over the past three years.

Looking ahead, Garmin's next earnings report is set for 4 November 2026, 45 days out, following a July report that beat estimates ($2.81 versus $2.30) and drove a 17.3% reaction, with 6 beats in the last 8 quarters. Seasonality over the next 20 trading days has averaged -1.2% across 5 years, rising in 2 of them. Analyst consensus among 5 firms shows 1 buy and 4 hold ratings, with a consensus target of $290.29, implying 5.9% upside from current levels.

Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.

Price vs fair value

Close $274.06200-day averageGekko Fair Value $238.84

Key stats

Market cap
$52.82B
P/E ratio
28.6
Forward P/E
24.2
EPS, TTM
$9.64
Revenue, TTM
$7.67B
Profit margin
24.5%
Dividend yield
1.52%
Beta
0.87
Volume
2.42M avg 870,750
1-year return
+17.0%
Typical daily move
±2.2%
Typical 20-day move
±4.7%
50-day average
$279.01
200-day average
$242.16
Next earnings
Nov 4
Shares outstanding
192.9M
52-week range
$186.67$314.28

Garmin swing-trade checklist

Garmin scores 2 supportive, 1 mixed and 2 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

2 supportive1 mixed2 headwinds

  • Trendmixed

    Averages disagree

    Close $274.06 sits between the 50-day ($279.01) and 200-day ($242.16) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    65.9, Accumulation

    Reading 65.9 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valueheadwind

    14.7% above

    Price is 14.7% above Gekko Fair Value (more than 5% above).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 45 days

    Next report Nov 4, 2026, 45 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalityheadwind

    −1.2% on average

    From this point in the calendar, the next 20 trading days averaged −1.2% over 5 years, rising in 2 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Garmin stock chart and price history

Garmin closed at $274.06 on Sep 18, 2026, +17.0% over the past year, inside a 52-week range of $186.67 to $314.28.

Close50-day average200-day averageVolume

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−7.3%
3 months
+17.0%
6 months
+16.6%
1 year
+17.0%
The full GRMN chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open GRMN in Gekko

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About Garmin

Garmin makes wireless devices for people who train, explore, fly, sail, or drive, and it handles the design, manufacturing and marketing of these products itself. It is widely recognized for its watches and navigation tools built for runners, cyclists, hikers and outdoor enthusiasts, alongside gear for tracking and training dogs. Beyond consumer fitness and outdoor gear, it builds cockpit displays, navigation and communication equipment, and safety systems for aircraft, plus chartplotters, sonar, autopilots and other electronics for boats, and infotainment and camera systems for vehicles.

The company groups its work into fitness, outdoor, aviation, marine and automotive lines, each supported by its own software or connected platforms, such as Garmin Connect for fitness tracking and Connect IQ for app development. It reaches customers through independent and online retailers, authorized dealers, distributors, installation and service centers, equipment manufacturers, and its own online store, selling across the Americas, Asia Pacific, Australia, Europe, the Middle East and Africa.

Garmin was founded in 1989 and is headquartered in Schaffhausen, Switzerland. Its shares are listed on the NYSE under the ticker GRMN.

Listed
NYSE
Sector
Electronic technology
Industry
Telecommunications equipment
Website
garmin.com

Garmin GekkoIndex: the smart money zone

Garmin’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 65.9, in the Accumulation zone, up 5 points over five sessions.

010065.9Accumulation

Up 5 points over five sessions.

Reading for Sep 18, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying24−0.6%−0.8%+2.5%+5.6%
Accumulation (current zone)143+2.3%+5.2%+8.7%+14.8%
Neutral418+0.4%+0.9%+2.5%+5.1%
Distribution72−0.4%−1.6%−3.5%+0.6%
Selling5Too few readings yet

Average GRMN share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the GRMN price, zone by zone.Track GRMN in Gekko

Is Garmin stock overvalued? Gekko Fair Value

Garmin trades 14.7% above Gekko Fair Value of $238.84, so the shares are overvalued on Gekko’s estimate.

Gekko’s own estimate of what Garmin shares are worth, recalculated every trading day.

$238.84

Gekko Fair Value, Sep 19, 2026

14.7% Overvalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open GRMN in Gekko

Garmin insider and Congress trading

No open-market insider purchases were filed for Garmin, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for GRMN in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every GRMN insider filing, plotted on the chart in Gekko.Open GRMN in Gekko

Congress trades last 90 days

No trades in GRMN were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for GRMN, plotted on the chart in Gekko.Open GRMN in Gekko

Buybacks

Garmin has been buying back its own shares.

Bought back, quarter ended Jun 27, 2026
$86.42M
As a share of market cap
0.16%
Trailing four quarters
$284.0M

From company filings.

Garmin earnings: next date and track record

Garmin reports on Nov 4, 2026 (45 days away), and beat the EPS estimate in 6 of its last 8 reports.

6 of 8reports beat the EPS estimate
±10.7%average move across the report
5 of 8reports followed by a gain

Share-price move across each report

+19.3%Oct ’24+6.6%Feb ’25−8.5%Apr ’25−8.6%Jul ’25−13.3%Oct ’25+10.5%Feb ’26+1.3%Apr ’26+17.3%Jul ’26

Last earnings call, Jul 29, 2026 AI summary

What they said
Garmin reported record Q2 2026 results with consolidated revenue up 11% to $2.02 billion and operating income up 30% to $616 million. Pro forma EPS grew 29% to $2.81, aided by a $21 million tariff refund. Fitness segment led growth with revenue up 25% to $757 million, while outdoor declined 2% to $483 million. Garmin acquired TrainingPeaks and TrainHeroic to expand services. Aviation grew 8% to $269 million.
Guidance
Garmin raised full-year 2026 guidance, now expecting revenue of approximately $8.05 billion and pro forma EPS of $10.00 per share, reflecting confidence from strong first-half performance exceeding expectations.
ReportedEPSSurpriseRevenueSurpriseMove
Jul 29, 2026$2.81
est $2.30
+22.2%$2.02B
est $1.93B
+5.0%+17.3%
Apr 29, 2026$2.08
est $1.84
+13.0%$1.75B
est $1.72B
+1.7%+1.3%
Feb 18, 2026$2.79
est $2.40
+16.3%$2.12B
est $2.02B
+5.3%+10.5%
Oct 29, 2025$1.99
est $1.99
0.0%$1.77B
est $1.78B
−0.6%−13.3%
Jul 30, 2025$2.17
est $1.90
+14.2%$1.81B
est $1.70B
+6.7%−8.6%
Apr 30, 2025$1.61
est $1.68
−4.2%$1.54B
est $1.52B
+0.7%−8.5%
Feb 19, 2025$2.41
est $2.02
+19.2%$1.82B
est $1.70B
+7.3%+6.6%
Oct 30, 2024$1.99
est $1.44
+38.2%$1.59B
est $1.44B
+9.8%+19.3%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Garmin stock forecast and analyst price targets

Analysts’ average 12-month price target for Garmin is $290.29, +5.9% from the last close, from 5 firms rating the stock in the last 90 days.

$290.29consensus 12-month target, +5.9% from the last close
Low $289High $370
Buy1
Hold4
Sell0

Each firm’s latest rating in the last 90 days: 5 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 2KeyBancHold, reiterated
Aug 6Tigress FinancialBuy, reiterated$370+35.0%
Jul 30J.P. MorganHold, reiterated$295+7.6%
Jul 30Morgan StanleyHold, maintained$289+5.5%
Jul 30KeyBancHold, maintained
+8.7%average 20-day move after past Accumulation readings
−1.2%average move over the next 20 trading days in the last 5 years
±2.2%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Garmin seasonality: the next 20 trading days

Over the next 20 trading days from Sep 19, Garmin averaged −1.2% across the last 5 years, rising in 2 of them.

Next 20 trading days, by year

−4.5%2021−6.4%2022+0.4%2023−3.1%2024+5.9%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−1.4%2 of 5
Next 10 trading days−1.0%2 of 5
Next 15 trading days−2.6%2 of 5
Next 20 trading days−1.2%2 of 5
Next 30 trading days−1.3%2 of 5

For scale, GRMN’s typical 20-trading-day move in either direction is about 4.7%.

Garmin market cap and key statistics

Garmin’s market cap is $52.82B, with a P/E ratio of 28.6 and revenue of $7.67B over the last twelve months.

Valuation

Market cap
$52.82B
P/E ratio
28.6
Forward P/E
24.2
EPS, TTM
$9.64
Gekko Fair Value
$238.84

Trading

Volume
2.42M
Avg volume, 20 days
870,750
52-week high
$314.28
52-week low
$186.67
Shares outstanding
192.9M

Financials

Revenue, TTM
$7.67B
Profit margin
24.5%
Return on equity
21.9%
Quarterly earnings growth, YoY
+35.3%

Risk and income

Beta
0.87
Typical daily move
±2.2%
Typical 20-day move
±4.7%
Dividend yield
1.52%

Garmin stock news this week

Coverage of Garmin this week reads positive: 2 positive, 1 neutral and 0 negative headlines.

News sentiment positive

Garmin peers

Garmin’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
AAPLApple−0.5%Neutral28.0% above
CSCOCisco Systems−0.8%Accumulation8.9% above
MSIMotorola Solutions−0.1%Accumulation0.1% above
CIENCiena−2.0%Accumulation12.0% below
UIUbiquiti−1.9%Neutral11.0% above
VSATViaSat+2.3%Neutral11.7% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Garmin stock FAQ

What is Garmin’s market cap?

Garmin’s market cap is $52.82B at the Sep 18, 2026 close of $274.06, with 192.9M shares outstanding. The shares trade on a P/E ratio of 28.6.

What is the Garmin stock forecast?

The consensus analyst 12-month price target for Garmin is $290.29, +5.9% from the last close. Of the 5 firms that rated the stock in the last 90 days, 1 rate it a buy, 4 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Garmin stock overvalued or undervalued?

On Gekko’s estimate Garmin is overvalued: the Sep 18, 2026 close of $274.06 is 14.7% above Gekko Fair Value of $238.84. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Garmin report earnings next?

Garmin is expected to report on Nov 4, 2026 (45 days away). Analysts expect earnings of $2.38 per share on revenue of $1.99B. Garmin beat the earnings estimate in 6 of its last 8 reports, moving 10.7% on average across the report.

What is Garmin’s 52-week high and low?

Garmin’s 52-week high is $314.28 and its 52-week low is $186.67; it closed at $274.06 on Sep 18, 2026, +17.0% over the past year.

Is Garmin stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (gekkoindex and earnings risk), 1 as mixed (trend) and 2 as headwinds (fair value and seasonality). The checklist is a description of current data, not a recommendation.

How this page works

Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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