Is GRMN a good stock to buy?
Garmin Ltd. · end-of-day data as of Nov 13, 2026
- Trendbullish
- MAs3 of 4
- MA20×50Golden 6d ago
- MACD0.35
- Earnings in96d
- P/E27.2x
- RSI49
- Support-4.7%
- Resistance+4.3%
- Off 52w high-9.9%
- Volume0.5x
- Bollingerlower half
- News0.00
- FCF yield+2.6%
- P/E vs own+6.8%
- P/E vs sector-7.7%
- ConsensusHold · 10
- PT$292.40 +3.3%
- Sector→ -15.8%
- 52w range$187–$314
- ATR+3.3%
- Off ATH-9.9%
- Insiders-$2.98M
Updates with the 15-min delayed price. Not a forecast or investment advice.
Is Garmin a good stock to buy?
Garmin is strong on 4 of the 5 questions about the business. The price is about usual: 27.2 times its earnings, near its 3-year median of 24.8 (Nov 13, 2026). pretickt does not say whether to buy or sell.
- Demand growing
- Advantage hard to copy
- Economics very profitable
- Execution mixed
- Fragility sturdy
- Price about usual
GRMN sales growth revenue growth
+14%a year, for the last 3 yearsGarmin's sales grew 14% a year for 3 years, to $7.25B in fiscal 2025.
GRMN analysts' forecast revenue estimates
+12%the sales they expect next fiscal year, on the lastAnalysts expect Garmin's sales to grow 12% to $8.14B in fiscal 2026 (5 analysts).
GRMN competitors
pretickt analysis+14%its sales in 12 months, on a year before
Garmin's sales grew 14% in the 12 months to Sep 26, 2026, faster than Teledyne (+9%), slower than Coherent (+39,214%), Keysight (+26%) and Corning (+19%).
GRMN sales by business revenue by segment
33%of its sales from FitnessFitness brought Garmin 33% of its sales in fiscal 2025; Outdoor 28%.
GRMN return on capital ROIC
pretickt analysis30%earned before tax on the money invested in itGarmin earned 30% before tax on the capital invested in it in the 12 months to Sep 26, 2026; Keysight 20%, Corning 15%, Teledyne 10% and Coherent 0%.
GRMN margin on each sale gross margin
61%left after making the productGarmin kept 61% of each sale after making the product in the 12 months to Sep 26, 2026; its competitors' median is 37%.
GRMN margin after costs profit margin
29%of sales left after running the businessGarmin's operating margin was 29% in the 12 months to Sep 26, 2026, against 21% in fiscal 2022.
GRMN cash generated free cash flow
$1.4Bcash left after investing, last 12 monthsGarmin generated $1.4B of free cash flow in the 12 months to Sep 26, 2026, less than its reported profit.
GRMN earnings vs estimates
6 of 8quarters above the analysts' estimateGarmin beat the analysts' profit estimate in 6 of its last 8 quarters, the latest on Oct 28, 2026.
GRMN insider selling
-$19.89Msold, net, by its executives in 12 monthsGarmin's executives and directors sold a net $19.89M of shares in the 12 months to Nov 13, 2026; none bought.
GRMN number of employees
+6%more people in a yearGarmin had 23,000 employees at the end of fiscal 2025, 6% more than a year before.
GRMN CEO pay
$7.74Mfor fiscal 2025, 81% of it in stock and optionsGarmin paid its CEO $7.74M for fiscal 2025, 81% of it in stock and options.
GRMN financial health Altman Z-score
16.2Altman Z-score, safe above 3Garmin's Altman Z-score is 16.2 (Nov 13, 2026), above 3, where the safe zone starts.
GRMN quality checks Piotroski score
5 of 9checks passedGarmin passes 5 of the 9 Piotroski checks in the 12 months to Sep 26, 2026; it misses on cash against profit, the current ratio, new shares and sales for its assets.
GRMN biggest customers
under 10%of sales from any one customerNo customer made 10% of Garmin's sales in fiscal 2025.
GRMN in past recessions
pretickt analysis-16%its sales in the worst oneGarmin's sales fell in 1 of the last 2 US recessions, by as much as 16% in fiscal 2009.
GRMN price vs profit P/E ratio
27.2×a year's earningsGarmin's P/E ratio is 27.2 (Nov 13, 2026), near its 3-year median of 24.8.
GRMN price vs competitors
pretickt analysis27.2×a year's earnings, against its competitorsInvestors pay 27.2 times Garmin's earnings (Nov 13, 2026), less than for Corning (46.0), Coherent (45.3), Keysight (41.0) or Teledyne (29.4).
GRMN analysts' target price target
+3%to their average targetAnalysts' average price target for Garmin is $292, 3% above the Nov 13, 2026 close of $283.03.
GRMN growth priced in fair value
pretickt analysis+16%a year, for ten years, to be worth the priceAt $283.03 a share, Garmin's free cash flow must grow about 16% a year for ten years to be worth the price (Nov 13, 2026).
What is Garmin's P/E ratio?
Garmin's P/E ratio is 27.2 (Nov 13, 2026), near its 3-year median of 24.8. Investors pay 27.2 times Garmin's earnings (Nov 13, 2026), less than for Corning (46.0), Coherent (45.3), Keysight (41.0) or Teledyne (29.4).
Who are Garmin's biggest competitors?
pretickt compares Garmin with Keysight, Coherent, Corning and Teledyne. Garmin's sales grew 14% in the 12 months to Sep 26, 2026, faster than Teledyne (+9%), slower than Coherent (+39,214%), Keysight (+26%) and Corning (+19%).
Is Garmin profitable?
Garmin's operating margin was 29% in the 12 months to Sep 26, 2026, against 21% in fiscal 2022. Garmin generated $1.4B of free cash flow in the 12 months to Sep 26, 2026, less than its reported profit.
Are insiders selling Garmin stock?
Garmin's executives and directors sold a net $19.89M of shares in the 12 months to Nov 13, 2026; none bought.
How does Garmin make money?
Fitness brought Garmin 33% of its sales in fiscal 2025; Outdoor 28%.
How many employees does Garmin have?
Garmin had 23,000 employees at the end of fiscal 2025, 6% more than a year before.
Who are Garmin's biggest customers?
No customer made 10% of Garmin's sales in fiscal 2025.
From the companies' statements (FMP), their filings read by pretickt, the analysts and the insiders, as of Nov 13, 2026. Each card says what a fact means for its question, never what to do with the stock: for information only, not investment advice.