Garmin Ltd. (GRMN) Stock Price & Analysis
Garmin Ltd. (GRMN) closed at USD 285.22 on Thursday, October 15, 2026, up 1.97% on the day. The US market is currently closed; this is not a live price.
The prior close was USD 279.72; the Oct 15, 2026 session ranged USD 282.5–290.77 on volume of 1,052,158 shares. Market capitalization is $55.01B, with a 52-week range of USD 186.67–314.28 (NYQ). Source: Nexqual, retrieved October 16, 2026 at 05:20 UTC.
Also available as compact Markdown for AI agents: nexqual.com/GRMN.md
Key facts (GRMN)
- Last four reported quarters (through Mar 28, 2026): revenue $7.46B, net income $1.74B (23.3% margin), free cash flow $1.45B (SEC filings).
- Valuation: P/E 31.7x (avg 23.6x at the last 3 fiscal year-ends).
- Insider open-market sales, last ~7 months: 7 Form 4 filings, $5.7M; 5 not under a Rule 10b5-1 plan ($4.0M).
- Analysts: Hold (mean 2.88 on a 1–5 scale) (8 analysts), mean target USD 306.71 (range 231–370).
- Total return with dividends: 1Y +17.5% vs S&P 500 +18.1%; 5Y +103.3% vs S&P 500 +85.1%.
- Next earnings: 2026-10-28, EPS estimate USD 2.38, revenue estimate $1.98B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (GRMN)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $4.98B | $4.86B | $5.23B | $6.30B | $7.25B | $7.46B |
| Gross profit | $2.89B | $2.81B | $3.00B | $3.70B | $4.26B | — |
| Operating income | $1.22B | $1.03B | $1.09B | $1.59B | $1.88B | $1.97B |
| Net income | $1.08B | $974M | $1.29B | $1.41B | $1.66B | $1.74B |
| EPS (diluted) | $5.61 | $5.04 | $6.71 | $7.30 | $8.59 | — |
| Free cash flow | $705M | $544M | $1.18B | $1.24B | $1.36B | $1.45B |
| Gross margin | 58.0% | 57.7% | 57.5% | 58.7% | 58.7% | — |
| Operating margin | 24.5% | 21.1% | 20.9% | 25.3% | 25.9% | 26.5% |
| Net margin | 21.7% | 20.0% | 24.7% | 22.4% | 23.0% | 23.3% |
| Revenue growth | +19.0% | -2.5% | +7.6% | +20.4% | +15.1% | — |
| Cash + short-term investments | $1.85B | $1.45B | $1.97B | $2.50B | $2.74B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Mar 28, 2026) (GRMN)
P/E 31.7x · P/S 7.4x · P/FCF 37.9x · P/B 5.9x · FCF yield 2.64% · Earnings yield 3.16% · Dividend yield (paid, TTM) 1.26%
P/E at fiscal year-ends: Dec 2025 23.6x, Dec 2024 28.2x, Dec 2023 19.1x.
Insider sales (SEC Form 4, open-market, last ~7 months) (GRMN)
2 of 7 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan |
|---|---|---|---|---|---|---|
| 2026-08-18 | Wang Cheng-Wei | General Manager - Garmin Corp. | 9,941 | $3.0M | 25.2% | No |
| 2026-07-31 | Biddlecombe Sean | Managing Director, EMEA | 986 | $289K | 14.1% | No |
| 2026-07-31 | Maxfield Joshua H | VP, General Counsel | 1,152 | $335K | 6.9% | No |
| 2026-07-29 | Pemble Clifton A | President and CEO | 4,029 | $1.2M | 3.2% | Yes (adopted March 3, 2026) |
| 2026-06-09 | Hartnett Joseph J | Director | 643 | $169K | 2.9% | No |
| 2026-06-05 | Boessen Douglas G. | CFO and Treasurer | 2,000 | $476K | 7.1% | Yes (adopted March 2, 2026) |
| 2026-05-08 | Minard Laurie A | VP, Human Resources | 1,084 | $262K | 22.3% | No |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Analysts (GRMN)
Consensus Hold (mean 2.88 on a 1–5 scale), 8 analysts; mean target USD 306.71 (low 231, high 370).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-06 | Tigress Financial | Target raised | Strong Buy | $325 → $370 |
| 2026-07-30 | Morgan Stanley | Target raised | Equal-Weight | $249 → $289 |
| 2026-07-30 | Barclays | Target raised | Equal-Weight | $238 → $297 |
Total return (dividends reinvested) (GRMN)
| 1Y (from 2025-10-16) | 5Y (from 2021-10-11) | |
|---|---|---|
| Total return | +17.5% | +103.3% |
| S&P 500 (SPY) | +18.1% | +85.1% |
| Per year | +17.6% | +15.2% |
| Volatility (annualized) | 34.1% | 31.3% |
| Max drawdown | -25.6% (Oct 2025→Nov 2025) | -50.6% (Oct 2021→Oct 2022) |
Key Statistics (as of October 16, 2026 at 05:20 UTC)
| Price | USD 285.22 |
|---|---|
| Change | ▲ 1.97% (up) |
| Previous Close | USD 279.72 |
| Open | USD 283.11 |
| Day Range | USD 282.5 – 290.77 |
| 52-Week Range | USD 186.67 – 314.28 |
| Volume | 1,052,158 shares |
| Market Cap | $55.01B |
| Exchange | NYQ |
Technical Analysis (GRMN)
Nexqual's technical model rates GRMN "NEUTRAL" based on 3 bullish and 2 bearish signals across 127 daily candles, as of October 16, 2026 at 05:20 UTC.
| Overall Signal | NEUTRAL |
|---|---|
| RSI (14) | 54.01 (neutral) |
| vs SMA50 | Below (USD 286.8) |
| MACD | -1.69 (negative) |
Analyst Ratings (GRMN)
Wall Street analysts rate GRMN "Hold" based on 8 analysts, with a mean price target of USD 306.71 (range USD 231–370), per Nexqual as of October 16, 2026 at 05:20 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 8 |
| Mean Target | USD 306.71 |
| High Target | USD 370 |
| Low Target | USD 231 |
| Buy / Hold / Sell | 3 / 4 / 1 |
Earnings (GRMN)
| Next Earnings Date | 2026-10-28 |
|---|---|
| EPS Estimate | USD 2.38 |
| Revenue Estimate | $1.98B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 2.81 vs est 2.29 ▲ beat |
| 2026-03-31 | USD 2.08 vs est 1.84 ▲ beat |
| 2025-12-31 | USD 2.79 vs est 2.39 ▲ beat |
| 2025-09-30 | USD 1.99 vs est 1.99 ▲ beat |
Source: Nexqual, October 16, 2026 at 05:20 UTC.
Financials & Fundamentals (GRMN)
| Total Revenue | $7.67B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +11.40% |
| Gross Margin | +60.08% |
| Operating Margin | +30.44% |
| Profit Margin | +24.47% |
| ROE | +21.89% |
| Debt / Equity | 0.03 |
| Current Ratio | 3.03 |
| Total Cash | $2.67B |
| Total Debt | $226.86M |
Source: Nexqual, October 16, 2026 at 05:20 UTC.
Financial Health Score (GRMN)
Nexqual rates Garmin Ltd.'s overall financial health "Strong" across five dimensions, as of October 16, 2026 at 05:20 UTC.
| Growth | Strong — Revenue +15% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 60%, operating 30% |
| Balance Sheet | Strong — $2.67B cash vs $227M debt, net cash position |
| Cash Flow | Solid — Operating cash flow $1.98B (TTM) |
| Efficiency | Strong — ROE 22%, ROA 12.2% |
Ownership (GRMN)
| Insider Ownership | +14.69% |
|---|---|
| Institutional Ownership | +58.32% |
| Shares Outstanding | 192.85M |
| Float | 164.50M |
| Short % of Float | +1.99% |
Source: Nexqual, October 16, 2026 at 05:20 UTC.
Leadership (GRMN)
Garmin Ltd. is led by Clifton Albert Pemble, President, CEO & Director, per Nexqual as of October 16, 2026 at 05:20 UTC.
| President, CEO & Director | Clifton Albert Pemble |
|---|---|
| CFO & Treasurer | Douglas Gerard Boessen C.P.A. (age 62) |
| Co-Chief Operating Officer | Patrick G. Desbois (age 56) |
| Co-Chief Operating Officer | Bradley C. Trenkle (age 45) |
| Co-Founder & Executive Chairman | Min-Hwan Kao (age 76) |
Major Backers & Investors (GRMN)
Notable institutional backers of Garmin Ltd. include Artisan Partners Limited Partnership, FMR, LLC, Fidelity, according to Nexqual as of October 16, 2026 at 05:20 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Artisan Partners Limited Partnership | 4.95% |
| FMR, LLC | 1.77% |
| Fidelity | 1.11% |
| NORGES BANK | 1.04% |
| Morgan Stanley | 0.99% |
| Alliancebernstein L.P. | 0.99% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 18.1% |
| BlackRock | 9.66% |
| State Street | 4.76% |
| Geode Capital | 2.62% |
Source: Nexqual, October 16, 2026 at 05:20 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| KEYS | Keysight Technologies Inc. | USD 342.08 | ▼ 7.6% |
| COHR | Coherent Corp. | USD 250.6 | ▼ 13.58% |
| TDY | Teledyne Technologies Incorpora | USD 619.91 | ▲ 1.42% |
| FTV | Fortive Corporation | USD 57.78 | ▼ 0.5% |
| MKSI | MKS Inc. | USD 228.52 | ▼ 7.69% |
| TRMB | Trimble Inc. | USD 60.97 | ▲ 1.58% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 16, 2026 at 05:20 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt