Garmin Stock Forecast for 2023 - 2025 - 2030

Updated on 04/24/2024

Stock Rating
18
Price Target
$140.00
Consensus
Neutral
Downside
-1.76%
Analysts
2
Stock Rating
18
Downside
-1.76%
Analysts
2
Price Target
$140.00

Garmin Stock Forecast and Price Target

Year-long price target forecasts from two prominent analysts have recently been released for Garmin, with an average price target of $140.00. This potential loss of -1.76 percent from the previous closing price in April, 2024 is calculated on a high forecast of $175.00 and a low estimate of $118.00. Even if you are not interested in GRMN stock, you should still be aware of its competitors.

$140.00

-1.76% Downside

Hold
Hold

Garmin Fair Value Forecast for 2023 - 2025 - 2030

In the last four years, Garmin's Price has fallen from $110.30 to $0.00 – a 100.00% decrease. For next year, analysts predict Fair Value of $156.01, which would mean an increase of 100.00%. Over the next seven years, experts predict that Garmin's Fair Value will grow at a rate of 100.00%.

2024 Fair Value Forecast
$156.01
2025 Fair Value Forecast
$185.84
2026 Fair Value Forecast
$212.45
2027 Fair Value Forecast
$176.83
2028 Fair Value Forecast
$173.18
2029 Fair Value Forecast
$178.80
2030 Fair Value Forecast
$190.19
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
MSFT Stock Forecast Microsoft Corp Buy 18
$407.57 Buy/Sell $465.63 15.15%
AAPL Stock Forecast Apple Outperform 16
$166.90 Buy/Sell $200.65 19.83%
GOOGL Stock Forecast Alphabet Outperform 14
$158.26 Buy/Sell $163.84 7.42%
AMZN Stock Forecast Amazon.com Inc Buy 13
$179.54 Buy/Sell $204.68 19.19%
META Stock Forecast Meta Platforms Outperform 13
$496.10 Buy/Sell $513.85 10.86%

Garmin Revenue Forecast for 2023 - 2025 - 2030

In the last three years, Garmin's Revenue has grown by 24.88%, rising from $4.19B to $5.23B. For next year, analysts predict Revenue of $6.43B, which would mean an increase of 22.96%. Over the next seven years, experts predict that Garmin's Revenue will grow at a rate of 33.09%.

2024 Rev Forecast
$6.43B
2025 Rev Forecast
$6.76B
2026 Rev Forecast
$7.25B
2027 Rev Forecast
$7.03B
2028 Rev Forecast
$6.83B
2029 Rev Forecast
$6.81B
2030 Rev Forecast
$6.96B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
A005930 Stock Forecast Samsung Electronics Outperform 10
₩75.50k Buy/Sell ₩92.49k 32.45%
TCS Stock Forecast Tata Consultancy Services Outperform 8
Rp3.87k Buy/Sell Rp3.93k 10.98%
GE Stock Forecast General Electric Outperform 8
$162.62 Buy/Sell $144.00 6.69%

Garmin Dividend per Share Forecast for 2023 - 2025 - 2030

In the last three years, Garmin's Dividend per Share has grown, rising from $2.44 to $2.92 – a growth of 19.67%. In the next year, analysts believe that Dividend per Share will reach $3.28 – an increase of 12.33%. For the next seven years, the forecast is for Dividend per Share to grow by 24.72%.

2024 DPS Forecast
$3.28
2025 DPS Forecast
$3.52
2026 DPS Forecast
$3.70
2027 DPS Forecast
$3.52
2028 DPS Forecast
$3.65
2029 DPS Forecast
$3.61
2030 DPS Forecast
$3.64
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
RTX Stock Forecast RTX Hold 11
$101.38 Buy/Sell $95.35 -1.36%
HON Stock Forecast Honeywell International Inc Outperform 12
$196.16 Buy/Sell $219.12 13.43%
LMT Stock Forecast Lockheed Martin Hold 6
$460.08 Buy/Sell $483.88 5.42%

Garmin Free Cash Flow Forecast for 2023 - 2025 - 2030

2024 FCF Forecast
$1.42B
2025 FCF Forecast
$1.55B
2026 FCF Forecast
$1.71B
2027 FCF Forecast
$1.04B
2028 FCF Forecast
$1.20B
2029 FCF Forecast
$1.37B
2030 FCF Forecast
$1.54B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
BA Stock Forecast Boeing Outperform 17
$169.18 Buy/Sell $258.34 40.68%
6758 Stock Forecast Sony Group Buy 6
¥12.50k Buy/Sell ¥16.23k 28.85%
8058 Stock Forecast Mitsubishi Outperform 2
¥3.50k Buy/Sell ¥8.13k 4.55%

Garmin EBITDA Forecast for 2023 - 2025 - 2030

Garmin's EBITDA has seen impressive growth In the last three years, rising from $1.18B to $1.27B – a growth of 7.52%. In the next year, analysts believe that EBITDA will reach $1.75B – an increase of 37.67%. For the next seven years, the forecast is for EBITDA to grow by 71.15%.

2024 EBITDA Forecast
$1.75B
2025 EBITDA Forecast
$1.99B
2026 EBITDA Forecast
$2.19B
2027 EBITDA Forecast
$1.91B
2028 EBITDA Forecast
$2.20B
2029 EBITDA Forecast
$2.15B
2030 EBITDA Forecast
$2.17B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
SAF Stock Forecast Safran Outperform 10
209.00€ Buy/Sell 138.83€ -0.48%
6501 Stock Forecast Hitachi Outperform 4
¥13.22k Buy/Sell ¥11.29k 7.45%
GD Stock Forecast General Dynamics Outperform 12
$292.72 Buy/Sell $289.15 4.37%

Garmin EBIT Forecast for 2023 - 2025 - 2030

In the last three years, Garmin's EBIT has grown by 3.60%, rising from $1.05B to $1.09B. For the next year, analysts predict that EBIT will reach $1.54B – an increase of 41.32%. Over the next seven years, experts believe that Garmin's EBIT will grow at a rate of 78.32%.

2024 EBIT Forecast
$1.54B
2025 EBIT Forecast
$1.80B
2026 EBIT Forecast
$1.99B
2027 EBIT Forecast
$1.70B
2028 EBIT Forecast
$1.94B
2029 EBIT Forecast
$1.91B
2030 EBIT Forecast
$1.95B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
NOC Stock Forecast Northrop Grumman Corp Hold 10
$474.68 Buy/Sell $486.05 0.62%
1810 Stock Forecast Xiaomi Outperform 6
HK$16.18 Buy/Sell HK$16.51 6.30%
BA. Stock Forecast BAE Systems Outperform 10
£13.40 Buy/Sell £11.69 3.88%

Garmin EPS Price Prediction Forecast for 2023 - 2025 - 2030

In the last four years, Garmin's EPS has fallen from $5.14 to $0.00 – a 100.00% decrease. For next year, analysts predict EPS of $7.27, which would mean an increase of 100.00%. Over the next seven years, experts predict that Garmin's EPS will grow at a rate of 100.00%.

2024 EPS Forecast
$7.27
2025 EPS Forecast
$8.66
2026 EPS Forecast
$9.90
2027 EPS Forecast
$8.24
2028 EPS Forecast
$8.07
2029 EPS Forecast
$8.33
2030 EPS Forecast
$8.86
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
LHX Stock Forecast L3Harris Technologies Inc Outperform 9
$207.68 Buy/Sell $241.00 15.56%
500114 Stock Forecast Titan Company Outperform 7
Rp3.63k Buy/Sell Rp3.51k 10.20%
6981 Stock Forecast Murata Manufacturing Outperform 8
¥2.98k Buy/Sell ¥3.11k 9.59%