Garmin Ltd. stock gains support from new GPS launch and strong analyst targets

Garmin Ltd. stock (ISIN CH0114405324) is trading around USD 274.15 on the New York Stock Exchange as of September 9, 2026, with the price captured intraday at 9:43 a.m. Eastern Time and showing a modest daily decline of 0.55 percent compared with the prior close.

New Garmin Drive launch adds product momentum

As StockTitan reports on September 9, 2026, Garmin announced completely redesigned Garmin Drive navigators, ultrawide GPS devices aimed at simplifying driving with features such as upcoming traffic light and stop sign displays and detailed North American street maps.

According to the same report from StockTitan, the Garmin Drive GPS navigators are available immediately with suggested retail prices ranging from USD 299.99 to USD 349.99, positioning the new devices in a mid to upper price band in consumer navigation.

Analyst consensus points to solid growth

Beyond the product launch, analyst estimates compiled on September 8, 2026, and summarized by Yahoo Finance indicate that Garmin is expected to generate average revenue of USD 8.1 billion in fiscal year 2026, up from a historical revenue level of USD 7.25 billion in 2025, which reflects projected growth of about 11.7 percent year over year.

The same analyst overview on Yahoo Finance shows a consensus 2026 earnings per share estimate of USD 10.13, compared with a historical EPS of USD 8.56 for 2025, implying an expected EPS increase of roughly 18.3 percent from 2025 to 2026 and an additional 8.7 percent increase to USD 11.01 in 2027.

For the current quarter ending September 2026, analyst estimates compiled on the same Yahoo Finance page indicate an average forecast EPS of USD 2.38, up from about USD 1.99 in the corresponding quarter of the prior year, signaling an expected quarterly earnings improvement of approximately 19.6 percent.

Valuation and analyst targets

According to data shown on September 9, 2026, on Yahoo Finance, Wall Street analysts assign Garmin a range of price targets with a low of USD 220, an average of USD 290.29 and a high of USD 370, providing a broad view of expected valuation for the next 12 to 18 months.

The same overview on Yahoo Finance notes that on August 6, 2026, Tigress Financial maintained its Strong Buy rating on Garmin stock and raised its price target from USD 325 to USD 370, underscoring a bullish stance and increasing the implied upside at that time.

Using the current intraday price of USD 274.15 on September 9, 2026, relative to the highest published target of USD 370 from Tigress Financial, the market price stands about 26 percent below that particular target, whereas compared with the average target of USD 290.29 the shares trade roughly 5.6 percent below consensus valuation.

Stock level and trading context

Per the interactive chart and quote information on Yahoo Finance, Garmin stock trades in United States dollars on the New York Stock Exchange, with the intraday level of USD 274.15 recorded at 9:43 a.m. Eastern Time on September 9, 2026, representing a decline of USD 1.52 or 0.55 percent from the prior closing price.

While detailed 52-week high and low figures and the exact market capitalization are not fully broken out in the available summary, the analyst consensus data on Yahoo Finance still highlight that analysts expect Garmin to deliver revenue growth in both 2026 and 2027 alongside rising earnings, which provides an important backdrop for investors assessing the current valuation level around USD 274.

Garmin Ltd. stock at USD 274.15 on the NYSE

Garmin Ltd. stock is quoted at USD 274.15 on the New York Stock Exchange as of September 9, 2026, at 9:43 a.m. Eastern Time, with the shares down 0.55 percent compared with the prior close, situating the current level moderately below the average analyst price target and well under the most optimistic target of USD 370.

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