
Garmin (GRMN) Stock Forecast & Price Target
Garmin (GRMN) Analyst Ratings
Bulls say
Garmin has demonstrated robust financial growth, with net sales revenue reaching a record $6.30 billion for the 12 months ending December 2024, reflecting a 20.44% increase year-over-year. The company has shown strong performance across multiple segments, including a 44% increase in FY Auto OEM sales and a 31% rise in fitness sales, driven by high demand for wearables. Additionally, Garmin's return on capital improved significantly from 17.32% to 22.97%, underscoring the company's effective use of its capital to generate profit.
Bears say
Garmin's Return on Capital (ROC) has shown minimal improvement, declining slightly from 20.20% to 20.02% over the last twelve months, indicating potential challenges in generating superior returns on invested capital. The company faces multiple risks, including increased competition, regulatory changes, and potential product malfunctions, which could adversely affect its operations and ability to sustain its business. Additionally, unforeseen events and economic disruptions may further hinder Garmin's capacity to meet its business objectives, contributing to a negative outlook on its stock.
This aggregate rating is based on analysts' research of Garmin and is not a guaranteed prediction by Public.com or investment advice.
Garmin (GRMN) Analyst Forecast & Price Prediction
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