GRMN · NYQ S&P 500

Garmin Ltd.

Technology · Scientific & Technical Instruments

$288.66 −$3.14 (−1.08%) today

Closing price on Nov 10, 2026 · Source: Yahoo Finance

Consensus of 9 analysts

Hold

Median price target $302.50 +4.8%

Open: $287.72
Day range: 283.62 – $289.93
52-week range: 186.67 – $314.28
Volume: 633,253
Market cap: $55,623M
P/E (TTM): 27.7x
EPS (TTM): $10.41
EPS est. 2026: $10.79
P/E est. 2026: 26.8x
Dividend yield: 1.5%
Beta: 0.90
Payout: 37%

Garmin financials

Q3 2026 results, quarter ended Sep 30, 2026

Metric	Q3 2026	1-year change
Total revenue	$1,986M	+12.2%
Net income	$542M	+34.9%
Earnings per share	$2.80	+34.6%
Net margin	27.3%	+4.6 pp
Free cash flow	$293M	−31.0%
Debt / equity	0.02	−1.1%

Revenue and net income ($M)

Total revenueNet income

Quarter	Total revenue	Net income
Q3 2025	$1,771M	$402M
Q4 2025	$2,125M	$529M
Q1 2026	$1,753M	$405M
Q2 2026	$2,022M	$542M
Q3 2026	$1,986M	$542M

Garmin earnings per share (EPS)

Consensus estimates

Period	EPS est.	1-year change
Current quarterQ4 2026 · Analysts: 6	$3.1333.02 – 3.17	+12.3%$2.790
Next quarterQ1 2027 · Analysts: 5	$2.2792.07 – 2.61	+9.6%$2.080
Current year2026 · Analysts: 7	$10.78810.65 – 10.85	+26.0%$8.560
Next yearFY 2027 · Analysts: 8	$11.46410.55 – 12.55	+6.3%$10.788

Forward P/E: 26.8x (2026) and 25.2x (FY 2027) at the current price.

Actual and estimated EPS ($)

Actual EPSEstimated EPS

Quarter	Actual EPS	Estimated EPS
Q3 2025	$2.080	—
Q4 2025	$2.790	$2.392
Q1 2026	$2.080	$1.838
Q2 2026	$2.810	$2.294
Q3 2026	$2.760	$2.383
Q4 2026	—	$3.133
Q1 2027	—	$2.279

Year	Actual EPS	Estimated EPS
2022	$5.040	—
2023	$6.710	—
2024	$7.300	—
2025	$8.590	—
2026	—	$10.788
FY 2027	—	$11.464

EPS trend

Quarter	EPS	YoY change
Q1 2027Estimated	$2.279	+9.6%
Q4 2026Estimated	$3.133	+12.3%
Q3 2026	$2.760est. $2.383 · surprise +15.8%	+32.7%
Q2 2026	$2.810est. $2.294 · surprise +22.5%	n/a
Q1 2026	$2.080est. $1.838 · surprise +13.1%	n/a
Q4 2025	$2.790est. $2.392 · surprise +16.6%	n/a
Q3 2025	$2.080	n/a

Year	EPS	Annual change
FY 2027Estimated	$11.464	+6.3%
2026Estimated	$10.788	+25.6%
2025	$8.590	+17.7%
2024	$7.300	+8.8%
2023	$6.710	+33.1%
2022	$5.040	n/a

Normalised EPS according to the analyst consensus collected by Yahoo Finance; it may differ from the reported EPS in the results table.

Garmin dividend

Yield and payments

Dividend yield (TTM)	1.5%
Forward yield (next 12m)	1.5%
Dividend per share (TTM)	$4.20
Forward dividend (next 12m)	$4.20
Payout (TTM)	37%
Last dividend	$1.05Sep 11, 2026
Next ex-dividend date	Dec 11, 2026

Dividend per share by year ($)

PaidEstimated

Year	Dividend per share
2019	$2.24
2020	$2.40
2021	$2.62
2022	$2.86
2023	$2.92
2024	$2.98
2025	$3.45
est. 12m	$4.20

Garmin forecasts

9 analyst ratings

Buy33% Hold44% Sell22%

Consensus: Hold · 3 buy, 4 hold, 2 sell

1-year price forecast

Share price Price target (high, median, low)

12-month price targets
Target	Price	Upside
High	$370.00	+28.2%
Median	$302.50	+4.8%
Low	$230.00	−20.3%

Monthly close (last 12 months)
Date	Close
Nov 28, 2025	$195.32
Dec 31, 2025	$202.85
Jan 30, 2026	$201.64
Feb 27, 2026	$252.83
Mar 31, 2026	$232.01
Apr 30, 2026	$251.14
May 29, 2026	$233.92
Jun 30, 2026	$237.54
Jul 31, 2026	$293.78
Aug 31, 2026	$284.11
Sep 30, 2026	$286.84
Oct 30, 2026	$272.67
Nov 10, 2026	$288.66

Garmin peers

Ticker	Company	Market cap ($M)	P/E	Price ($)	1-day change	52-week range
GRMN	Garmin	55,623	27.7x	288.66	−1.08%	186.67314.28
KEYS	Keysight Technologies	49,620	39.4x	291.46	+0.86%	167.23389.93
COHR	Coherent	42,279	44.4x	214.66	−4.68%	130.42440.00
TDY	Teledyne Technologies	29,935	29.6x	646.13	+0.43%	483.02697.67
FTV	Fortive	20,159	32.1x	67.73	+0.94%	50.0968.94
TRMB	Trimble	12,551	n/a	54.75	+0.13%	47.9284.42