Do Wall Street Analysts Like Garmin Stock?

Core Insights - Garmin Ltd. is a leading global provider of navigation, communication, and wearable technology with a market cap of $36.5 billion [1] - The company has experienced stock underperformance, with a 9.8% decline over the past 52 weeks compared to a 12.4% increase in the S&P 500 Index [2] - Garmin reported better-than-expected Q3 2025 adjusted EPS of $1.99, but shares fell 11.5% due to missing revenue expectations of $1.77 billion [4] Financial Performance - For the fiscal year ending in December 2025, analysts expect Garmin's adjusted EPS to grow nearly 11% year-over-year to $8.20 [5] - The company has a mixed earnings surprise history, beating consensus estimates in three of the last four quarters [5] - Operating expenses increased by 15% to $590 million, influenced by higher personnel and R&D/SG&A costs [4] Analyst Ratings and Price Targets - Barclays raised its price target on Garmin to $208 from $167 while maintaining an "Underweight" rating [6] - The mean price target of $228.60 indicates a 21.3% premium to Garmin's current price levels, with a Street-high price target of $305 suggesting a 61.8% potential upside [6]