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Forecast

The analysts' average price target is €286.21 (+17.18%). The median is €290.32 (+18.86%).

Buy
  6
Hold
  20
Sell
  2

  • Garmin launches Fenix 9 line with 3,000‑nit OLED and faster maps

    Garmin introduced the Fenix 9 and Fenix 9 Pro smartwatches featuring a 3,000‑nit OLED display, up to 64GB storage, and 50% more RAM for quicker map panning. New software features include Garmin Epic for grouped workout insights, expanded stamina and rucking metrics, and optional InReach satellite or LTE connectivity on Pro models. Battery life reaches up to 29 days (51mm) or up to 57 days with the solar option under ideal conditions; prices start at $999.99 for the base model and $1,099.99 for the Pro. Orders open August 28. » More on theverge.com


  • Garmin reaches record high of $310.08

    Garmin’s stock climbed to an all-time high of $310.08, lifting market capitalization to about $60 billion after a gain of more than 50% over the past six months. In the second quarter of 2026 the company reported adjusted earnings of $2.81 per share and revenue of $2.02 billion, both above consensus estimates, and raised its full-year forecast. An InvestingPro analysis currently rates the stock as significantly overvalued compared with its fair value. » More on de.investing.com


  • Garmin raises annual guidance after strong second quarter

    Garmin significantly beat consensus estimates in Q2 2026: earnings per share $2.81 (expectation ~ $2.30) and revenue $2.02 billion (expectation ~ $1.94 billion). Because of the strong first half, management now targets about $8.05 billion in revenue and pro‑forma earnings per share of $10.00 (previously ~ $7.90 billion and $9.35). The fitness segment grew 25% and contributed with high margins; the acquisitions of TrainingPeaks and TrainHeroic were highlighted as strengthening the fitness‑software ecosystem. » More on de.investing.com

Historical dividends Dividends

All dividend metrics All metrics
In 2026, Garmin has already paid €2.62 in dividends. The last payout was in September.

Financials

In the last quarter, Garmin had revenue of €1.74B and net profit of €475.53M
(EUR) September 2026
YoY
Revenue 1.74B 15.22%
Gross profit 1.1B 23.48%
Net profit 475.53M 38.56%
EBITDA 625.38M 30.94%

Fundamentals

Metric Value
Market capitalization
€46.93B
Number of shares
192.7M
52-week high/low
€280.74 - €166.75
Dividend yield
1.39%
Dividends TTM
€3.39
Beta
0.83
P/E ratio
26.04
PEG ratio
0.93
P/B ratio
5.51
P/S ratio
6.66

Company profile

Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices in the Americas, the Asia Pacific, Australian Continent, Europe, the Middle East, and Africa. Its Fitness segment offers running and multi-sport watches; cycling products; activity tracking and smartwatch devices; and fitness and cycling accessories. This segment also provides Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms; and Connect IQ, an application development platform. The company's Outdoor segment offers adventure watches, outdoor handhelds, golf devices and mobile apps, and dog tracking and training devices. Its Aviation segment designs, manufactures, and markets various aircraft avionics solutions comprising integrated flight decks, electronic flight displays and instrumentation, navigation and communication products, automatic flight control systems and safety-enhancing technologies, audio control systems, engine indication systems, traffic awareness and avoidance solutions, ADS-B and transponder solutions, weather information and avoidance solutions, datalink and connectivity solutions, portable GPS navigators and wearables, and various services products. The company's Marine segment provides chartplotters and multi-function displays, cartography products, fish finders, sonar products, autopilot systems, radars, compliant instrument displays and sensors, VHF communication radios, handhelds and wearable devices, sailing products, entertainment, digital switching products, and trolling motors. Its Auto segment offers embedded computing models and infotainment systems; personal navigation devices; and cameras. The company sells its products through independent retailers, online retailers, dealers, distributors, installation and repair shops, and original equipment manufacturers, as well as an online webshop, garmin.com. Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland.

Name
Garmin
CEO
Clifton Albert Pemble
Headquarters Schaffhausen, sh
Switzerland
Website
Sector
Information Technology
Industry
Technology Hardware, Storage & Peripherals
IPO
12/08/2000
Employees 23,000

Ticker symbols

Exchange Symbol
NYSE
GRMN
DĂĽsseldorf
GEY.DU
Hamburg
GEY.HM
SIX
GRMN.SW
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