Garmin Ltd.

(New York Stock Exchange)
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Bullish +65

Garmin Ltd. stock gains support from new GPS launch and strong analyst targets

AI-generated analysis

πŸ“ˆ Garmin stock trades at USD 274.15 on the NYSE, down 0.55 percent intraday as of September 9, 2026.

πŸš— New redesigned Garmin Drive GPS navigators launch immediately with ultrawide displays and traffic light features priced between USD 299.99 and USD 349.99.

πŸ’° Analysts forecast FY2026 revenue of USD 8.1 billion, reflecting an expected year-over-year growth of 11.7 percent from 2025 levels.

πŸ“Š Consensus EPS estimates for 2026 are USD 10.13, implying an 18.3 percent increase from the 2025 historical level of USD 8.56.

πŸ” Current quarter (ending Sept 2026) EPS is expected to reach USD 2.38, up approximately 19.6 percent from the prior year.

🎯 Analyst price targets range from USD 220 to USD 370, with an average target of USD 290.29.

πŸ‚ Tigress Financial maintains a Strong Buy rating and raised its price target to USD 370 on August 6, 2026.

πŸ“‰ Current stock price trades roughly 5.6 percent below the average analyst consensus valuation of USD 290.29.

πŸ† Tigress Financial's high target of USD 370 implies approximately 26 percent upside from the current intraday trading level.

Bullish Signals
  • Analysts forecast FY2026 revenue of USD 8.1 billion, representing an expected year-over-year growth of 11.7 percent from the 2025 historical level.
  • Consensus EPS estimates for 2026 are USD 10.13, implying a robust 18.3 percent increase from the 2025 historical level of USD 8.56.
  • The current quarter ending September 2026 is expected to deliver an EPS of USD 2.38, signaling a quarterly earnings improvement of approximately 19.6 percent.
  • Tigress Financial maintained its Strong Buy rating and raised its price target to USD 370, underscoring a bullish stance on the company's prospects.
  • The launch of new redesigned Garmin Drive navigators with advanced features adds product momentum in the mid-to-upper consumer navigation market.
  • Analyst price targets range up to a high of USD 370, suggesting significant potential upside from the current trading level of approximately USD 274.
Full Analysis
Garmin Ltd. stock is trading near USD 274 on the New York Stock Exchange as of September 9, 2026, showing a modest intraday decline of 0.55 percent against the prior close. Analysts on Yahoo Finance maintain a consensus average revenue forecast of USD 8.1 billion for fiscal year 2026, representing an expected growth of approximately 11.7 percent from the historical level of USD 7.25 billion in 2025. Wall Street analysts project earnings per share to rise roughly 18.3 percent to USD 10.13 in 2026 compared to 2025, with further growth anticipated into 2027. For the current quarter ending September 2026, estimates indicate an average EPS of USD 2.38, signaling a quarterly earnings improvement of approximately 19.6 percent year over year. New product momentum is being driven by the launch of completely redesigned Garmin Drive navigators featuring ultrawide GPS displays and traffic light recognition capabilities. These devices are priced between USD 299.99 and USD 349.99, positioning them in the mid-to-upper consumer navigation market segment. Analyst price targets for Garmin range from a low of USD 220 to a high of USD 370, with an average target of USD 290.29. Notably, Tigress Financial maintained its Strong Buy rating and raised its price target to USD 370, suggesting the current market price trades significantly below the most optimistic valuation estimates.