Garmin shares gain analyst backing, market data point to a firm setup

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-27, 11:02.

Garmin Ltd. (CH0114405324) is drawing analyst attention on the NYSE today. MarketBeat says Barclays cut its target to 238 dollars on April 30 and counts the shares as a Moderate Buy, while TradingKey showed 232.51 dollars at the June 26 close.MarketBeat consensus and Barclays update

Analysts stay active

MarketBeat lists one Strong Buy, two Buy and four Hold ratings for Garmin shares, with an average target price of 269.40 dollars. That keeps the Street above the last quoted level of 232.51 dollars, according to TradingKey.TradingKey technical quote

MarketBeat also noted that Assenagon Asset Management S.A. increased its stake in Garmin by 98.3 percent in the first quarter, based on a recent SEC filing. The stock remains a live analyst and ownership story on the US listing.

Chart levels in view

TradingKey put Garmin between resistance at 245.73 dollars and support at 223.90 dollars on June 26. The 200-day moving average stood at 229.52 dollars in that same quote snapshot.

The products behind Garmin

Garmin sells wearables, aviation, marine and auto OEM navigation gear, with fitness watches among its best-known products. The business is still anchored in devices and connected software for active consumers and specialized users.

Garmin shares at the close

The Garmin shares (CH0114405324) trade on the NYSE at 232.51 US dollars as of 2026-06-26, 16:00 ET.

Disclaimer: This article is for information only and does not constitute investment advice.