Garmin Ltd. (GRMN) fair value analysis
S&P 500 · Updated 2026-10-19
GRMN price how computed
Forward Fair Value verdict
Fairly valuedGRMN is trading at within about 10% of estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $268.36
- Sector
- Technology
- 12-month range
- $187.10–$313.16
- Market cap
- $51.8B
- From 52-week high
- -14.3%
- Shares outstanding
- 193M
- Rank in Technology by discount to fair value
- #110 of 181
Last price is our 2026-10-19 weekly price; the chart runs through 2026-10-16.
Garmin Ltd. is a technology company that designs and manufactures GPS navigation devices, aviation systems, marine electronics, fitness wearables, and automotive solutions for both consumer and professional markets. The company operates globally with a significant presence in the United States, Europe, and Asia-Pacific regions.
GRMN currently ranks #110 of 181 Technology stocks by discount to fair value. It has screened as Fairly valued for 4 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $51.8B
- P/E (trailing)
- 28x
- Revenue (TTM)
- $7.67B
- Net margin
- 24.5%
- EPS (TTM)
- $9.67
- Gross margin
- 62.4%
- Debt / equity
- 0.02
- Revenue growth (3-yr avg)
- 19.4%
- Shares outstanding
- 193M
Derived indicators how computed
- Quality grade
- A
- Margin trend
- Expanding
- 52-week position
- The upper-middle quarter of its range
- DCF cross-check
- Overvalued
Technicals how computed
- RSI (14-day)
- 59 · neutral
- 50-day average
- $286.46
- 200-day average
- $249.96
- Moving-average state
- 50-day above 200-day (golden cross state); price between the averages
Dividends how computed
- Paid, last 12 months
- $3.90 per share (4 payments)
- Yield on last price
- 1.45%
- Consecutive years of increases
- 8
- Next ex-dividend date
- 2026-12-11
- Last payment date
- 2026-09-25
Earnings how computed
- Next earnings report
- 2026-10-28 (pre-market)
- Last 8 quarters vs consensus
- 6 beat, 1 missed
- Quarter by quarter
- 2026-06 ▲ beat (+23.8%)
2026-03 ▲ beat (+13.0%)
2025-12 ▲ beat (+16.7%)
2025-09 ▬ met (0.0%)
2025-06 ▲ beat (+14.2%)
2025-03 ▼ miss (-4.2%)
2024-12 ▲ beat (+19.2%)
2024-09 ▲ beat (+38.2%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 2 buy · 4 hold · 1 sell (7 analysts)
- Consensus lean
- Hold-leaning
- Consensus price target
- $307
- Target vs last price
- +14.4%
What our data shows for GRMN
- Our model validated 17 trailing price-to-earnings windows for GRMN, built from quarterly earnings records.
- Shares are trading in the middle of their 12-month price range of $187.10–$313.16.
- The 14-day relative strength index sits at a neutral 59.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for GRMN
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent GRMN news
TickrTrends' derived news-sentiment signal for GRMN is currently leaning positive, computed from recent coverage.
- GRMN DCF Analysis: Intrinsic Value $265 vs Price $290 (gurufocus.com, 2026-10-21)
TickrTrends take: The DCF analysis indicates GRMN's intrinsic value at $265 sits below its current trading price of $290, suggesting the stock is trading at a premium to its discounted cash flow valuation. This aligns with TickrTrends' assessment of fair valuation, though it indicates the market is pricing in optimistic expectations for the company's future cash generation. A valuation-focused reader should monitor whether GRMN can deliver earnings growth sufficient to justify the current price level, as any disappointment in cash flow forecasts could pressure the stock toward its calculated intrinsic value. - Stock Futures Mixed Ahead of Tuesday; Sherwin-Williams (SHW) Surges 5.7% Premarket (gurufocus.com, 2026-10-20)
TickrTrends take: Garmin's fairly valued status suggests the market has already priced in current expectations for the Technology sector, leaving limited margin for surprise moves in either direction based on fundamental valuation alone. While broader market sentiment remains mixed ahead of Tuesday's open as indicated by futures trading, investors focused on valuation metrics should monitor whether sector-specific momentum or individual company catalysts might shift GRMN away from its fairly valued assessment. A fairly valued positioning means near-term price movements may depend more on company-specific news or competitive developments rather than valuation expansion or contraction. - ETFs Are Net Sellers of Garmin (GRMN) on Oct. 16 (gurufocus.com, 2026-10-20)
TickrTrends take: Garmin trades at a Fairly valued assessment according to TickrTrends, which means current market pricing reflects the company's fundamentals without obvious overvaluation or undervaluation. The net selling activity by ETFs observed on October 16 warrants monitoring to determine whether it signals shifting investor sentiment or simply represents routine rebalancing within the Technology sector. Investors focused on valuation should track whether this selling pressure persists or reverses, as sustained outflows could eventually influence the stock's fair value positioning.
More GRMN news
- Garmin Ltd (GRMN): GF Score of 97 Signals Strong Outperformance Potential (gurufocus.com, 2026-10-19)
- Garmin Ltd (GRMN): GF Score of 97 Signals Strong Outperformance Potential (gurufocus.com, 2026-10-15)
- GRMN Fairly Valued by DCF at $265 (gurufocus.com, 2026-10-14)
- Garmin Ltd (GRMN) Shares Surge 3.6% -- What GF Score of 97 Tells Investors (gurufocus.com, 2026-10-13)
- GRMN Fairly Valued by DCF at $265 (gurufocus.com, 2026-09-30)
- Bull of the Day: Garmin Ltd. (GRMN) (zacks.com, 2026-09-29)
What people are saying
Follow the GRMN conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — GRMN's sector discount rank declined this week, moving from position 133 to position 143 among Technology sector companies. This shift indicates the stock has become relatively less discounted compared to its sector peers. The valuation remains assessed as fairly valued.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — GRMN's sector discount rank improved this week, moving from 147th to 141st among Technology sector companies, indicating a modestly stronger relative valuation position within its peer group. Despite this incremental improvement in ranking, the stock maintains an Overvalued valuation verdict according to TickrTrends' derived indicators.
- 2026-10-06 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — TickrTrends' derived indicators for GRMN show improvement this week, with the stock's sector discount rank advancing from #157 to #149 among Technology companies. The valuation verdict has shifted from Overvalued to Fairly valued, reflecting a more balanced pricing relative to the company's fundamentals.
- 2026-09-21 — GRMN's position within the Technology sector has shifted this week according to TickrTrends' derived indicators. The stock's sector discount rank declined from 152 to 157, indicating it has moved further down the list of sector discount rankings. The current valuation verdict remains Overvalued.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is GRMN stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), GRMN is trading at within about 10% of estimated fair value and screens as fairly valued. The exact fair value and discount are available to subscribers.
What is GRMN's TickrTrends verdict?
GRMN's current verdict is Fairly valued, refreshed with every weekly Forward Fair Value run.
How does GRMN compare to other Technology stocks?
GRMN ranks #110 of 181 Technology stocks in TickrTrends' coverage by discount to fair value.
Is GRMN overbought or oversold?
GRMN's 14-day RSI is in neutral territory - neither overbought nor oversold.
Does GRMN pay a dividend?
Yes. GRMN paid $3.90 per share over the last twelve months (4 payments), a 1.45% yield on TickrTrends' last price, and has raised the annual total for 8 consecutive years. The next ex-dividend date on file is 2026-12-11.
When does GRMN report earnings next?
GRMN's next earnings report is scheduled for 2026-10-28 (pre-market), per the published earnings calendar.
Does GRMN usually beat earnings estimates?
Over its last 8 reported quarters GRMN beat the consensus estimate 6 times and missed 1 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about GRMN?
Of 7 analysts covering GRMN, 2 rate it a buy, 4 a hold and 1 a sell - hold-leaning, with a consensus price target of $307 (+14.4% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
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