Arete starts coverage of Garmin Ltd stock with a USD 335.00 target

Published on 10/19/2026 at 10:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Autoland passed 2,500 aircraft on October 14, 2026, while Arete set a USD 335.00 target. Garmin Ltd stock costs EUR 254.55 on October 19, 2026.

Analyst coverage and operating scale

Garmin Autoland passed 2,500 equipped aircraft on October 14, 2026.
Second-quarter 2026 revenue rose 11.4 percent to USD 2.02 billion.
Garmin Ltd stock traded at EUR 254.55 at 10:18 a.m. CEST on October 19, 2026, at Lang & Schwarz.

Draufsicht auf Aktienzertifikat CH0114405324 mit GPS-Gerät, Smartwatch, Kompass auf Schieferplatte — Garmin Ltd. Flatlay Aktienzertifikat ISIN CH0114405324 GPS-Gerät Smartwatch Kompass Elektronik-Arrangement Draufsicht Schiefer, Illustration mit AI erstellt.

Garmin Ltd (CH0114405324) was trading at EUR 254.55 at Lang & Schwarz at 10:18 a.m. CEST on October 19, 2026. According to Stock Analysis, Arete Research initiated coverage with a Buy rating and a USD 335.00 price target on October 14, 2026.

Autoland expands its reach

PR Newswire reported on October 14, 2026, that more than 2,500 aircraft were equipped with Garmin Autoland. The system is certified on more than 15 aircraft models, and four additional models received certifications in 2026.

The aviation milestone gives the analyst call a concrete operating backdrop. Autoland has moved from its first certification in May 2020 toward twin-engine business jets, while nearly 250 equipped aircraft have received retrofits after delivery, according to the company release carried by PR Newswire.

Three dated Garmin milestones

On July 29, 2026, Garmin reported second-quarter revenue of USD 2.02 billion, up 11.4 percent year over year, while diluted earnings per share reached USD 2.80, according to Financial Report Insights. On October 13, 2026, Garmin announced delivery of its 1,000th King Air retrofit, as listed by Stock Analysis. The October 14 Autoland milestone was the latest event.

What dates matter next?

Yahoo Finance said Garmin is scheduled to report third-quarter 2026 results before the market opens on October 28, 2026. The same report cited diluted earnings-per-share expectations of USD 2.38, versus USD 1.99 in the year-ago quarter. The ex-dividend date listed for Garmin is December 11, 2026.

Stock valuation stays measurable

Garmin's primary listing is on the NYSE, where the stock closed at USD 284.79 on October 16, 2026. The market capitalization was USD 54.9 billion, and the 52-week range was USD 186.67 to USD 314.28 on the quoted market page. The euro quotation gives German investors a separate trading reference from the US listing.

The company enters its next results date with a larger aviation footprint and a recently raised operating profile. The key question is whether the growth shown in the second quarter can extend beyond the strongest product categories.

Garmin Ltd was trading at EUR 254.55 at Lang & Schwarz on October 19, 2026 at 10:18 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Garmin Ltd stock.