Demystifying Garmin: Insights From 4 Analyst Reviews
Ratings for Garmin (NYSE:GRMN) were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 0 | 3 | 0 | 0 |
| Last 30D | 0 | 0 | 2 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 1 | 0 | 0 |
| 3M Ago | 1 | 0 | 0 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $261.0, a high estimate of $310.00, and a low estimate of $217.00. Observing a 8.98% increase, the current average has risen from the previous average price target of $239.50.
Investigating Analyst Ratings: An Elaborate Study
A clear picture of Garmin's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Joseph Cardoso | JP Morgan | Raises | Neutral | $265.00 | $250.00 |
| Erik Woodring | Morgan Stanley | Raises | Equal-Weight | $252.00 | $195.00 |
| Tim Long | Barclays | Raises | Equal-Weight | $217.00 | $208.00 |
| Ivan Feinseth | Tigress Financial | Raises | Strong Buy | $310.00 | $305.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Garmin. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Garmin compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Garmin's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Garmin's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Garmin analyst ratings.
Discovering Garmin: A Closer Look
Garmin produces GPS-enabled hardware and software for five sectors: fitness, outdoors, automotive, aviation, and marine. Garmin has built a strong reputation for durable, high-precision devices through a vertically integrated design and manufacturing approach. The company's product lines include smartwatches, fitness trackers, communication equipment, and a comprehensive suite of systems for marine and aviation navigation. Garmin operates globally, with its business focused primarily on North America and Europe.
Garmin: Financial Performance Dissected
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Growth: Garmin's remarkable performance in 3M is evident. As of 30 September, 2025, the company achieved an impressive revenue growth rate of 11.66%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 22.68%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Garmin's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 4.84% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Garmin's ROA excels beyond industry benchmarks, reaching 3.85%. This signifies efficient management of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 0.02, Garmin adopts a prudent financial strategy, indicating a balanced approach to debt management.
The Basics of Analyst Ratings
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.