Garmin (GRMN) Stock Forecast and Price Target 2024 $GRMN

Garmin – Analysts’ Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst’s rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock’s consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat’s consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat’s consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 6 Analyst Ratings

Consensus Price Target

High Forecast	$210.00
Average Forecast	$156.83
Low Forecast	$100.00

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GRMN Analyst Recommendations By Month

The chart below shows how a company’s ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

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GRMN Price Targets by Month

The chart below shows how a company’s share price and consensus price target have changed over time. The dark blue line represents the company’s actual price. The lighter blue line represents the stock’s consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

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Garmin Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 08:23 PM ET.

GRMN Frequently Asked Questions

What is Garmin’s stock forecast and purchase recommendation?: According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Garmin is $156.83, with a high forecast of $210.00 and a low forecast of $100.00. The consensus rating for Garmin stock is Hold based on the current 1 sell rating, 4 hold ratings and 1 strong buy rating for GRMN. Learn more on GRMN’s analyst rating history.
Do Wall Street analysts like Garmin more than its competitors?: Analysts like Garmin less than other “computer and technology” companies. The consensus rating for Garmin is Hold while the average consensus rating for “computer and technology” companies is Moderate Buy. Learn more on how GRMN compares to other companies.
Is Garmin being downgraded by Wall Street analysts?: Over the previous 90 days, Garmin’s stock had 1 downgrade by analysts.

Does Garmin’s stock price have much upside?: According to analysts, Garmin’s stock has a predicted upside of 3.08% based on their 12-month stock forecasts.
What analysts cover Garmin?