Garmin (GRMN.US) Price Target and Rating 2026/2027

279.21
Price history for Garmin (GRMN.US) – stock price at $279.21, October 2026
Garmin stock price – price development 2026. Updated Oct 7, 2026.
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Garmin Price Target 2026: Analysts See 8% Upside

The average price target for Garmin is $302.00. This price target represents the analysts' view of the stock price over the next 12 months. The stock may be undervalued, because the price target is higher than the current price. The stock is 8.16% below the target, which can point to potential returns within the next 12 months if the analysts' view proves right. Also consider the stock's valuation ratios such as P/E, P/S and P/B, plus the technical analysis further down the page, for the full picture.

Is Garmin overvalued or undervalued?

Garmin is currently fairly valued with a gap of 8.2% relative to the price target.


The current price is $279.21, which places Garmin in the fairly valued category. The stock is considered undervalued when the price is below $271.80, and overvalued when the price exceeds $332.20.


The fair value range is defined as ±10% of the price target, because price targets are estimates rather than exact values. For Garmin, the fair value range lies between $271.80 and $332.20.


See the full price target analysis for Garmin →

Analyst Ratings for Garmin stock in 2026: Hold

7 analysts cover Garmin. Analysts are mostly neutral — 57.1% recommend Hold. The average price target is $302.00, which gives an upside of 8.2% from the current price.

Consensus: Hold (3.43/5)
Strong Buy
2 (28.6%)
Hold
4 (57.1%)
Sell
1 (14.3%)
Strong Sell Sell Hold Buy Strong Buy
3.43 out of 5 based on 7 analysts

About Garmin – Scientific & Technical Instruments

Garmin makes wireless devices and is known for its GPS technology (GPS is a satellite system that shows your exact location). The company earns most of its money by developing and selling watches for running and multisport, such as the Fenix series, as well as bike computers.

Garmin also runs online platforms like Garmin Connect, where users can review and analyze data from their activities, such as workouts.

Beyond fitness products, Garmin has a large business in aviation, where it designs equipment for aircraft cockpits. The company also sells outdoor gear, including satellite communicators like InReach, which let people send messages from remote areas without a phone signal. In addition, Garmin makes special products for dogs.

Garmin was founded in 1989 and sells its products worldwide. The company offers a wide range of products across five business segments.
Read more about the company

Key Figures for Garmin

$54.2B Market cap
$7.7B Revenue
Scientific & Technical Instruments Industry
29.17 P/E
7.07 P/S
6.08 P/B
United States Listed on exchange
garmin.com Website

What kind of stock is Garmin?

Growth stock Quality stock Momentum stock

Garmin is classified as a growth stock and quality stock and momentum stock. This means the stock combines several attractive traits, strong financial health (Piotroski 7/9), and strong price momentum.

Score Overview for Garmin

💰 Value Score 32/100 (Low)
⭐ Quality Score 84/100 (Very High)
🚀 Momentum Score 74/100 (High)
📊 Total Score 63/100

📈 Valuation

Garmin trades at a P/E ratio of 29.2, which is above the market average. The forward P/E is 24.8 (15% lower), which suggests the market expects rising earnings. The P/S ratio is 7.1 (high — the market pays a premium for the revenue). The P/B ratio is 6.1. The PEG ratio is 3.03 — above 2.0 suggests the stock is expensive relative to its growth rate.

💵 Profitability & Growth

Garmin has a profit margin of 24.5% (excellent) and an operating margin of 30.4%. Return on equity (ROE) is 21.9% — excellent return on equity. Return on assets (ROA) is 12.2%. The latest quarterly earnings grew 35.3% year over year — strong growth.

🏦 Financial Health

The Piotroski score is 7 out of 9 — good financial health. Altman Z2 is 9.73 (healthy balance sheet — low risk). The debt-to-equity ratio (D/E) is 22.7% — low debt, a solid balance sheet.

🚀 Momentum & Short Interest

Short interest is 1.88% — low, the market does not expect a decline.

Garmin Dividend 2026: 1.5% Dividend Yield

Dividend Key Figures for Garmin

Dividend yield
1.49%
Latest dividend per share
1.05 USD
Payout ratio
40.3%
Healthy
Dividend growth (6 years)
+63.9%
Avg. annual dividend (3 years)
2.54 USD

When does Garmin pay a dividend in 2026?

Latest ex-dividend date (traded without the dividend)
September 11, 2026
Next dividend payment
March 26, 2027
Latest payment date
September 25, 2026

How much does Garmin pay in dividends?

Garmin pays dividends to its shareholders. The most recently paid dividend was 1.05 USD per share, which corresponds to a dividend yield of 1.49%. Over the last 6 years, the annual dividend has grown by 63.9%, which shows positive dividend growth.

The payout ratio is 40.3%, which is considered healthy and sustainable. The company balances rewarding shareholders with reinvesting in growth.

Historical Dividend Payments for Garmin

We have registered dividend payments for Garmin since Jun 12, 2020. In that period the stock has paid a dividend 24 times, most recently on Sep 11, 2026. This stock qualifies as a stable dividend stock, because it has paid a dividend at least once a year for the last 5 years. That makes it attractive to investors looking for steady, regular dividend payments.

Ex-datePayment dateAmountCurrency
2026-09-112026-09-251.05USD
2026-06-152026-06-261.05USD
2026-03-132026-03-270.90USD
2025-12-122025-12-260.90USD
2025-03-142025-03-280.75USD
2024-12-132024-12-270.75USD
2024-09-132024-09-270.75USD
2024-06-172024-06-280.75USD
2024-03-142024-03-290.73USD
2023-12-142023-12-290.73USD
2023-09-142023-09-290.73USD
2023-06-162023-06-300.73USD
2023-03-142023-03-310.73USD
2022-12-142022-12-300.73USD
2022-09-142022-09-300.73USD
2022-06-172022-06-300.73USD
2022-03-142022-03-310.67USD
2021-12-142021-12-310.67USD
2021-09-142021-09-300.67USD
2021-06-142021-06-300.67USD
2021-03-122021-03-310.61USD
2020-12-142020-12-310.61USD
2020-09-142020-09-300.61USD
2020-06-122020-06-300.61USD

Insider Trading in Garmin 2026: The Signal Is negative

In 2026, insiders at Garmin have made 20 transactions, all of which were sales. On a net basis, insiders took $16,822,635 out of the stock. Active insiders include Wang Cheng-Wei, MAXFIELD JOSHUA H, Biddlecombe Sean and others. In the short term (last 3 months), the insider signal is negative.

Short-Term Signal (3 months): Negative

Insiders have exclusively sold shares over the last 3 months.

Over the last 3 months: 0 purchases and 4 sales. A net $1,998,620 out of the stock.

Long-Term Signal (all transactions): Negative

Insiders have exclusively sold shares in the recent period. This can suggest management sees limited opportunity.

Across the last 20 transactions: 0 purchases and 20 sales. A net $16,822,635 out of the stock.

Latest sale: Wang Cheng-Wei sold 1,390 shares at $303.36 each on 2026-08-18.

Who is selling: Wang Cheng-Wei, MAXFIELD JOSHUA H, Biddlecombe Sean, PEMBLE CLIFTON A, Hartnett Joseph J and others.

Latest Insider Trades in Garmin (2026)

The table shows the last 20 reported insider transactions in Garmin. Green rows are purchases, red rows are sales. The data is based on official filings.

Transaction date Name Type Number of shares Price per share ($) Total amount ($)
2026-08-18 Wang Cheng-Wei Sell 1,390 303 421,670
2026-07-31 MAXFIELD JOSHUA H Sell 272 292 79,470
2026-07-31 Biddlecombe Sean Sell 986 293 288,780
2026-07-29 PEMBLE CLIFTON A Sell 4,029 300 1,208,700
2026-06-09 Hartnett Joseph J Sell 643 264 169,476
2026-06-05 Boessen Douglas G. Sell 272 239 64,984
2026-05-08 MINARD LAURIE A Sell 984 243 238,709
2026-03-10 LINK EDWARD J. Sell 1,275 244 310,641
2026-02-26 Susan Lyman Sell 3,805 251 956,273
2026-02-26 PEMBLE CLIFTON A Sell 2,742 253 692,931

Who is buying and selling Garmin shares in 2026?

The following insiders have sold shares: Wang Cheng-Wei, MAXFIELD JOSHUA H, Biddlecombe Sean, PEMBLE CLIFTON A, Hartnett Joseph J and others. In total, $16,822,635 was sold across 20 transactions. Insider trades are legal transactions in which executives and board members buy or sell shares of their own company. These transactions are reported to the SEC and are publicly available.

Garmin Short Selling 2026: 1.9% Sold Short

Low short interest: 1.9% of the free float
Short % of free float
1.9%
Assessment
Low short interest
Short squeeze risk
Low
Data source
EODHD
Reported about twice a month

Short interest over time: Garmin

0.0%1.5%3.0%
Peak 2.6% · 6/27
5/307/299/27
1.9% today (low)Peaked at 2.6% on Jun 27, 2026Last 30 days: −0.2 percentage pointsMeasured over 120 days
What does the trend tell you?
Short interest in Garmin has been fairly stable at 1.9% over the period. Neither many new short sellers have arrived nor many positions been closed.

What matters is when the curve starts to move. This is how shorting works: whoever shorts has borrowed the share and sold it, and to close the position again they must buy the share back. When short interest falls, shares are being bought back. So it is worth watching the trend, not just today's number.
The stock has a low share of short selling. Less than 2% of the freely traded shares are sold short, which points to limited bearish sentiment.

Short interest comes from our data provider EODHD. The figure is reported about twice a month; we check it every trading day.
Short Interest Scale
0% 2% 5% 10% 20%+
Low Moderate High Very High Extreme
▲
1.9%

When Does Garmin Report Earnings – Next Date: Oct 28, 2026

The next earnings report from Garmin is scheduled for October 28, 2026, before the market opens. This report covers the third quarter (Q3), which ended on September 30, 2026.



Technical Analysis of Garmin 2026 – Signal: Buy

Overall Technical Signal: Buy

Based on trend analysis (SMA50/SMA200) and MACD trend (positive/negative on a daily + weekly basis). Updated October 7, 2026.

Technical analysis of Garmin (GRMN.US) – RSI 45, MACD positive (bullish), daily candlestick chart October 2026
Garmin technical analysis – candlestick chart with RSI, MACD and volume profile. Updated Oct 7, 2026.

Trend Analysis of Garmin Ltd

Garmin Ltd is in a short-term downtrend. The price of $279.21 is 1.2% below the 20-day average ($282.59). Medium term, the picture is negative: the price is 3.3% below the 50-day average ($288.75). Long term, the stock is 13.8% above the 200-day average ($245.40), which confirms a long-term uptrend.

Golden Cross: The 50-day average (288.75) is above the 200-day average (245.40), which is a classic bullish signal for Garmin Ltd.

Is Garmin Ltd overbought or oversold?

Garmin Ltd has an RSI of 45.1, right in the middle of the neutral zone. There is no clear buying or selling pressure.

MACD Analysis for Garmin Ltd

Daily MACD: MACD is positive (0.648), which means the short-term trend is bullish (the 12-day EMA is above the 26-day EMA). MACD is below the signal line (1.110) by 0.462, which suggests the positive momentum is fading – the trend could be turning.

Weekly MACD: MACD5 is positive (14.423), which indicates a broader bullish long-term trend. MACD5 is above the signal line (13.784) by 0.639, which confirms rising long-term momentum.

Overall MACD assessment: Both the daily and weekly trend are bullish (MACD positive). However, momentum shows signs of weakening on a daily basis. Watch whether the trend holds.

Risk Profile for Garmin Ltd

Garmin Ltd has an annual standard deviation of 34.2%, which classifies the stock as Balanced. There is some volatility, but the price is relatively stable.

Overall Technical Conclusion for Garmin Ltd

Trend: Neutral/mixed.

MACD trend (zero line): Daily bullish (0.648). Weekly bullish (14.423).

MACD momentum (signal): Daily falling. Weekly rising.

RSI: 45.1 – neutral.

Technical signal: Buy

The broader trend is positive and MACD supports the picture. Consider buying with a stop-loss below the nearest support level.

Frequently Asked Questions About Garmin stock in 2026

Should you buy Garmin stock now?
Yes, the technical signal for Garmin is currently Buy. Garmin trades at $279.21 as of Oct 7, 2026. The technical analysis shows the following: MACD is positive (bullish trend) at 0.648 with falling momentum (signal: 1.110); RSI is at 45.1 (neutral zone); the stock is in a short-term downtrend (price below the 20-day average); the analyst price target of $302.00 points to 8.2% upside. This is a technical observation based on current data, not investment advice.
What is the price target for Garmin stock?
The average analyst price target for Garmin is $302.00. The current price is $279.21, which gives an upside of 8.2%. Based on this, the stock is considered fairly valued. The fair value range (±10% of the price target) is between $271.80 and $332.20.
Is Garmin a dividend stock?
Yes, Garmin is a dividend stock with a dividend yield of 1.49%. The latest dividend was $1.05 per share. The latest ex-dividend date (traded without the dividend) was Sep 11, 2026. The payout ratio is 40.3%, which is considered sustainable. The next dividend payment is scheduled for Mar 26, 2027.
When does Garmin pay a dividend in 2026?
Garmin pays its next dividend on Mar 26, 2027. The latest dividend was $1.05 per share with an ex-dividend date of Sep 11, 2026. The dividend yield is 1.49%. The payout ratio of 40.3% points to a sustainable dividend with room to grow.
What is the risk of Garmin stock?
Garmin is rated as a stock in the risk category Balanced. the annual standard deviation is 34.2%, which classifies the stock as Balanced.
Is Garmin overvalued?
Garmin is considered fairly valued – the price is close to the analyst price target. Garmin has the following valuation ratios: a P/E ratio of 29.2 (moderately to highly valued), a P/S ratio of 7.1, a P/B ratio of 6.1. The stock trades close to the analyst price target and is considered fairly valued.
Is Garmin overbought?
No, Garmin is not overbought. RSI is at 45.1 (neutral zone). The technical indicators show: RSI is at 45.1 (neutral zone between 30-70), which signals neither overbought nor oversold. In addition, the price is 1.2% below the 20-day average (short-term downtrend). In addition, MACD is positive, but momentum is falling.
When is the next Garmin earnings report?
Garmin reports its next earnings on October 28, 2026. The stock currently trades at $279.21. With a P/E ratio of 29.2, the market will be watching closely whether earnings meet expectations.
Is Garmin shorted?
Yes, Garmin is shorted with 1.9% of the free float sold short. This is a moderate level of short selling, within the normal range for most stocks. The figure comes from our data provider EODHD, is reported about twice a month, and we check it every trading day.
Are insiders buying Garmin stock?
No, insiders are not buying Garmin shares – they are net sellers. Over the last 3 months, insiders have made 0 purchases and 4 sales. On a net basis, 1,998,620 $ worth of shares were sold. Across the last 20 reported transactions, the split is 0 purchases and 20 sales, with a net 16,822,635 $ sold. Active sellers include Wang Cheng-Wei, MAXFIELD JOSHUA H, Biddlecombe Sean and others. Insider selling can have several explanations (e.g. planned 10b5-1 sales, portfolio diversification or taxes), but sustained selling by several insiders is worth watching closely.
Is Garmin a good stock?
Based on our total score, Garmin is rated as a good stock with a total score of 63 out of 100. The stock scores above average on value, quality and momentum. The score is made up of Value: 32/100, Quality: 84/100, Momentum: 74/100. In addition: a dividend of 1.49%; technical signal: Buy. Whether Garmin is a good investment depends on your time horizon, risk profile and portfolio. This is a data-driven observation, not investment advice.
What is the outlook for Garmin stock?
The outlook for Garmin based on current data: the average analyst price target is $302.00 (+8.2%); the next earnings report is due on Oct 28, 2026, which can move the price; the P/E ratio is 29.2 (moderate). Keep in mind that stock prices are affected by many factors, including earnings reports, the economy and market sentiment. Past returns are no guarantee of future returns.
Why is Garmin stock moving?
Garmin is stable right now. The technical indicators show: the price is close to the 20-day average; insiders have mostly been selling the stock recently. For the latest context, see our technical analysis and insider section above.
How high can Garmin go?
The average analyst price target for Garmin is $302.00, which corresponds to a potential gain of 8.2% from the current price of $279.21. The stock has traded between $183.64 and $313.07 over the last 52 weeks. Keep in mind that price targets are estimates, not guarantees. Actual price moves depend on earnings, market conditions and unexpected events.
How low can Garmin fall?
The stock has traded as low as $183.64 over the last 52 weeks — that is 34.2% below the current price of $279.21. The biggest decline (drawdown) in the same period was 41.3% from high to low. Within a year, the price typically swings about ±34.2% (standard deviation — a measure of price swings). A difficult year could therefore mean a further decline of that size. Remember: past price swings are no guarantee for the future — a stock can fall further than the last 52 weeks suggest, especially on profit warnings, sector crises or a market crash. Use stop-loss orders and spread your portfolio to limit losses in single stocks.
What does Garmin do?
Garmin makes wireless devices and is known for its GPS technology (GPS is a satellite system that shows your exact location). The company earns most of its money by developing and selling watches for running and multisport, such as the Fenix series, as well as bike computers. ... The company belongs to the Technology sector, more specifically the Scientific & Technical Instruments industry, is headquartered in United States, and is traded on the USA Stocks. See the key figures, earnings history and price development above to evaluate Garmin as an investment.
Did Garmin raise or lower its guidance?
Over the last 60 days we have not registered a guidance raise or cut from Garmin. The company can still adjust its guidance at quarterly reports or between reports — see the earnings history above.
Is Garmin making money or losing money?
Yes, Garmin is making money, not losing it. The company has a profit margin (the share of revenue left over as profit) of 24.5% — which is excellent. The operating margin (profit before interest and taxes) is 30.4%. At a P/E ratio of 29.2, you currently pay 29.2 dollars for every dollar of the company's annual earnings. A consistently profitable company is usually more resilient than growth stocks that are not yet making money.
Can Garmin go bankrupt?
The bankruptcy risk of Garmin is rated as low. Altman Z2 (a model for assessing financial distress) is 9.73 — that places the company in the healthy zone. The company has a healthy balance sheet with limited debt relative to earnings and assets. The Piotroski score (financial health 0-9, higher is better) is 7 — which is strong. Debt relative to equity is 23% (low). Remember: models like Altman Z2 are statistical — unexpected shocks (fraud, a sector collapse, lawsuits) can always happen. Spread your portfolio.
Does Garmin have a lot of debt?
No, Garmin has low debt relative to equity. The debt-to-equity ratio (D/E — interest-bearing debt to equity) is 23%. For the technology sector, anything below 60% counts as low debt. Tech companies are usually asset-light and need little borrowed capital — anything below 60% counts as low in this sector. Note: D/E levels are highly sector-specific — a bank at 300% debt is normal, a tech stock at 300% is extremely leveraged. Always compare with similar companies in the same sector.

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