Garmin Ltd. (GRMN) Stock Forecast & Analysis

Real-time stock price, financial statements, consensus target price, insider trading, and technical analysis for Garmin Ltd. (GRMN:NYSE), powered by AI.

Current Price
$242.82
P/E Ratio
33.0
Market Cap
46.6B
Sector
Technology
What is the Garmin Ltd. stock price forecast?

Garmin Ltd. is currently trading at $242.82. View real-time AI analysis on Alpha Lenz.

What is Garmin Ltd. insider trading activity?

View the latest insider trading data for Garmin Ltd. on Alpha Lenz.

What is Garmin Ltd.'s P/E ratio?

Garmin Ltd.'s P/E ratio is 33.0.

Garmin Ltd.

NYSE · GRMN
$242.82+8.18(+3.49%)Market closedNYSE regular session 09:30–16:00 ET
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Alpha Chat Insight

Garmin Ltd. trades at a P/E of 33.0 (premium valuation) with strong ROE of 19.0%. Operating margin of 25.3% indicates strong profitability.

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Company Overview

Garmin Ltd. is a global technology company recognized for its innovative navigation, communications, and information devices, predominantly enabled by Global Positioning System (GPS) technology. Founded in 1989 and headquartered in Schaffhausen, Switzerland, Garmin serves diverse markets through five principal segments: Outdoor, Fitness, Marine, Automotive, and Aviation. Its product portfolio includes GPS-enabled wearables, handheld devices, fitness trackers, cycling computers, marine electronics, and sophisticated avionics for aircraft. The company plays a prominent role in supporting outdoor activities such as running, cycling, golf, and boating, while also advancing navigation and safety solutions for automotive and aviation sectors. Garmin's operations are underpinned by a global manufacturing footprint and a diverse sales strategy that leverages independent retailers, distributors, OEMs, and online channels. With a significant presence across the Americas, Europe, and Asia-Pacific, Garmin is regarded as a leader in the telecommunications equipment industry, consistently driving advancements in sensor integration, connectivity, and user experience for both consumer and professional markets.

CEOMr. Clifton Albert Pemble
SectorTechnology
IndustryScientific & Technical Instruments
Employees21,800

Company Statistics

FY 2024

Profile

$46.64BMarket Cap
$6.30BRevenue
0.00Shares Out
21,800Employees

Margins

58.70%Gross
28.50%EBITDA
25.31%Operating
26.92%Pre-Tax
22.41%Net

Valuation

33.04P/E
5.94P/B
7.41EV/Sales
24.91EV/EBITDA
37.64P/FCF

Growth (CAGR)

8.11%Rev 3Yr
10.88%Rev 5Yr
9.36%Op Inc 3Yr
11.01%Op Inc 5Yr
9.26%Net Inc 3Yr
8.18%Net Inc 5Yr

Returns

15.48%ROA
19.00%ROE
17.48%ROIC

Financial Health

$2.08BCash & Cash Equivalents
$-297.34MNet Debt
22.71%Debt/Equity
N/AInterest Cov

Frequently Asked Questions

Garmin Ltd. (ticker: GRMN) is a company listed on NYSE in the Technology sector (Scientific & Technical Instruments). It has approximately 21,800 employees. Market cap is $46.6B.

The current price is $242.82 with a P/E ratio of 33.04x and P/B of 5.94x.

ROE is 19.00% and operating margin is 25.31%. Annual revenue is $6.3B.

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Garmin Ltd. (Technology) Stock Forecast & Analysis $242.82 | Alpha Lenz