Garmin (GRMN) Stock Price
Garmin Price
Over the last 19 years Garmin grew revenue by 7.7% annually, reaching 7.25 B USD. Earnings per share have grown at 7.1% per year over the last 19 years. For Garmin, the net margin of 23.0% is up versus 21.7% a few years ago. At today's price the dividend yield works out to roughly 1.19%. The payout ratio is around 40% of earnings. The dividend has grown at 10.7% per year over the past 19 years. The consensus 12-month price target for Garmin is 311.00 USD, about 7.2% above where the stock trades today. Of 16 analysts, 7 rate the stock a buy — an overall Hold consensus.
Garmin stock price
Garmin business model & stock analysis
Frequently asked questions about Garmin
Garmin Ltd operates as a multinational technology company specializing in the production of global positioning system (GPS) technology and devices. The business model of Garmin revolves around designing, manufacturing, and distributing a wide range of GPS-enabled products to various industries and consumers worldwide. These products include navigation devices for automotive, aviation, marine, outdoor, and fitness sectors. Garmin also offers software solutions, digital maps, and wearable devices. The company's commitment to innovation, excellence in product development, and strong distribution networks has been key to its success and market leadership in the GPS technology industry.
Garmin Ltd is primarily active in the industries of navigation, communication, and information devices.
Garmin Ltd operates in a competitive market where several companies offer similar products and services. Some of Garmin's main competitors include TomTom NV, Fitbit Inc., and Apple Inc. These companies also provide a range of navigation systems, fitness trackers, and smartwatches. Despite the competition, Garmin Ltd has carved a niche in the market with its innovative technology and reputation for reliable products. Its continuous focus on product development and commitment to customer satisfaction sets it apart from its rivals. Garmin Ltd remains a strong player in the market alongside these notable competitors.
Garmin Ltd is a renowned company specializing in GPS technology and navigation systems. Founded in 1989 by Gary Burrell and Dr. Min Kao, Garmin has a rich history in the development of innovative GPS devices. With its headquarters in Switzerland, the company has expanded globally with offices in the United States, Europe, and Asia. Garmin is known for its wide range of products, including car navigation systems, wearable fitness trackers, aviation and marine GPS devices, and smartwatches. Combining precision, durability, and user-friendly interfaces, Garmin has established itself as a leading provider of navigation solutions in various industries worldwide.
Garmin Ltd has achieved several significant milestones throughout its history. These include the introduction of the world's first portable aviation GPS, the GPS 100, in 1990. In 2000, Garmin launched the eTrex, a handheld GPS receiver that revolutionized outdoor navigation. The company also made advancements in fitness technology with the release of the Forerunner series in 2003. In recent years, Garmin expanded its product line to include smartwatches like the Garmin Venu and Instinct, with advanced features for fitness enthusiasts. Additionally, Garmin's collaborations with major automobile manufacturers have led to the integration of their navigation systems into various vehicle models. These achievements illustrate Garmin Ltd's commitment to innovation in the field of navigation technology.
Garmin Ltd is primarily present in various countries and regions worldwide. The company has established a strong presence in the United States, its home country. Additionally, Garmin operates in Europe, particularly in Switzerland and the United Kingdom. It also has a significant presence in Asia, with operations in Taiwan and China. Furthermore, Garmin serves customers across South America, including Brazil and Argentina, and has a growing market in Australia. With its diversified global presence, Garmin Ltd caters to a wide range of markets and continues to expand its reach internationally.
Garmin Ltd represents a strong emphasis on innovation, quality, and customer satisfaction. With a corporate philosophy centered on creating products that enhance people's lives, Garmin is committed to developing cutting-edge technologies for its global consumer base. The company's core values revolve around integrity, respect, and teamwork, fostering a collaborative and inclusive work environment. Garmin's dedication to continuous improvement and customer-focused solutions has made it a trusted leader in the field of navigation and wearable technologies.
Analysts currently set an average price target of 320.25 USD for the Garmin stock (median: 311.00 USD), implying +10.3 % versus the latest price. The consensus is based on 16 analyst ratings.
16 analysts currently rate the Garmin stock: 7 recommend buying, 8 holding and 1 selling. For 2026, analysts expect Garmin to generate revenue of 8.11 B USD and earnings per share of 10.09 USD.
Converted at the current exchange rate, the Garmin share trades at 255.84 EUR (290.23 USD).
The Garmin share (GRMN) is listed on 6 stock exchanges, including: NYSE (GRMN), SIX (Zürich) (GRMN.SW), Frankfurt (GEY.F), Düsseldorf (GEY.DU), Hamburg (GEY.HM).
Garmin Ltd. is a globally operating company that develops and distributes GPS technology. The company offers a wide range of products and services that help customers with navigation, fitness and outdoor activities, and aviation. Garmin is headquartered in Schaffhausen, Switzerland and employs over 13,000 employees worldwide.
The expected revenue of Garmin is 8.11 B USD. This figure is based on current financial data and reflects the company's business performance.
The expected profit of Garmin is 1.96 B USD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Garmin is currently 28.75. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Garmin stock.
The price-to-sales ratio (P/S) of Garmin is currently 6.93. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Garmin stock.
The Eulerpool Quality Score for Garmin is 8/10.
The ISIN of Garmin is CH0114405324. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Garmin is A1C06B. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Garmin is GRMN. The ticker symbol is used to trade Garmin shares on the stock exchange.
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All fundamentals and in-depth analysis of Garmin
Our stock analysis for Garmin stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Garmin. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.