Arete starts Garmin coverage with USD 335 target for Garmin stock

Published on 10/15/2026 at 10:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Arete Research began coverage with a USD 335.00 target on October 14, 2026. Garmin stock costs EUR 249.85 on October 15, 2026.

Arete coverage opens a new valuation debate

Arete Research initiated coverage with a USD 335.00 target on October 14, 2026.
Garmin reported USD 2.02 billion revenue and USD 2.80 GAAP earnings per share for the second quarter of 2026.
Garmin stock trades at EUR 249.85 at 10:37 a.m. CEST at Lang & Schwarz on October 15, 2026.
Garmin's market capitalization was USD 53.9 billion on October 14, 2026.

Schwarzweiß-Dokumentarfoto von Technikern bei der Elektronikfertigung im Industrielabor — Garmin Ltd. Elektronikfertigung Schwarzweiß-Reportage Techniker bei Leiterplattenbestückung in der Produktion Schweiz CH0114405324, Illustration mit AI erstellt.

Arete Research began coverage of Garmin Ltd. with a Buy rating and a USD 335.00 price target on October 14, 2026, according to MarketBeat. The initiation gives investors a fresh valuation marker ahead of Garmin's third-quarter report.

Why the target matters before results

The target arrives after Garmin reported USD 2.02 billion in revenue for the second quarter of 2026, up 11.4 percent from the same quarter a year earlier. GAAP earnings per share reached USD 2.80, while adjusted earnings per share came to USD 2.81, according to the standardized quarterly figures and the reported results summarized by Garmin Rumors.

MarketBeat listed an average analyst target of USD 313.71 and a Moderate Buy consensus. Its report also said insiders sold USD 4.8 million of shares over the preceding three months, a counter-factor to the positive target reset.

Three dated stock events

On July 30, 2026, Garmin reported second-quarter revenue of USD 2.02 billion; on October 13, 2026, the company announced its 1,000th G1000 retrofit delivery to the U.S. Army; and on October 14, 2026, Arete Research initiated coverage with a USD 335.00 target, with each event covered by Investing.com or MarketBeat.

What date comes next?

Garmin's next substantiated reporting date is October 28, 2026, when the company is scheduled to release third-quarter results before the U.S. market opens and hold its earnings call at 10:30 a.m. EDT, according to Garmin Rumors.

Stock valuation remains wide-ranging

Garmin had a USD 53.9 billion market capitalization on October 14, 2026. Its 52-week range was USD 186.67 to USD 314.28, putting the new USD 335.00 target above the reported high and making the October results important for testing the valuation case.

Garmin price in euros

Garmin stock was trading at EUR 249.85 at Lang & Schwarz on October 15, 2026, at 10:37 a.m. CEST. The primary listing is on the NYSE, where the stock closed at USD 279.72 on October 14, 2026.

The further course of trading is shown by the continuously updated real-time quote of Garmin stock.