NYSE · GRMN
Garmin Ltd.
Technology · Hardware, Equipment & Parts
$282.52▼ 1.51% ($4.32)at close
After hours$282.46▼ 0.02%6:49 PM ET
Market cap
Valuation
Revenue & margin DCF
Verdict: fairly priced. Price above Base.
The price needs 14.0% revenue growth a year for 10 years. Our scenarios assume 5.6–9.7%.
That's 1.4× its past 4-year pace.
Value per share
Base case
$189.69
Price used $282.52 is 49% above this
USD · TTM ending Jun 27, 2026 · Price Oct 1, 7:59 PM UTC
Revenue each value needs
Revenue today $7.7B. The price needs $28.4B by 2036. Base case: $16.1B. At its recent pace: $19.6B. Bear to Bull: $13.2B to $19.3B.
Revenue today $7.7B. The price needs $28.4B by 2036. Base case: $16.1B. At its recent pace: $19.6B. Bear to Bull: $13.2B to $19.3B.
Revenue in 2036
today $7.7B
+$12.2Bmore than the Base case · 1.8×
Value per share · Base case
$189.69
Price $282.52
49% above this
- 10-yr revenue CAGR
- 7.7%
- Ending operating margin
- 29.3%
- Discount rate
- 10.0%
USD · TTM ending Jun 27, 2026 · Price Oct 1, 7:59 PM UTC
What each scenario assumes. Click a column to start from it.
Price vs Fundamentals
Why The Stock Is Moving
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
What changed
The stock rose 10.71% over the last year. Revenue grew 13.51% over the trailing twelve months. Operating margin moved from 26.02% to 27.61%. Free cash flow grew 36.15% over the trailing twelve months.
What the market seems to be pricing
The stock has moved higher against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 27.61%. A decisive move in revenue — currently up 13.51% — would be the clearest signal to resolve the ambiguity.
Return analysis
Company profile
Garmin Ltd. specializes in the design, development, manufacturing, marketing, and global distribution of diverse wireless products and solutions.
Market multiples
Stock splits
Every 1 shares became 2
Profitability & growth
Analyst consensus
6
Buy
20
Hold
2
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Oct 28, 2026
Q3 FY26 · EPS est $2.39 · Revenue est $1.99B
View
Institutional Sentiment
Garmin Ltd. · GRMN
From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.