Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of navigation, communication, and information devices in the Americas, the Asia Pacific, Australian Continent, Europe, the Middle East, and Africa. Its Fitness segment offers running and multi-sport watches; cycling products; activity tracking and smartwatch devices; and fitness and cycling accessories. This segment also provides Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms; and Connect IQ, an application development platform. The company's Outdoor segment offers adventure watches, outdoor handhelds, golf devices, and dog tracking and training devices. Its Aviation segment designs, manufactures, and markets various aircraft avionics solutions comprising integrated flight decks, electronic flight displays and instrumentation, navigation and communication products, automatic flight control systems and safety-enhancing technologies, audio control systems, engine indication systems, traffic awareness and avoidance solutions, ADS-B and transponder solutions, weather information and avoidance solutions, datalink and connectivity solutions, portable GPS navigators and wearables, and various services products. The company's Marine segment provides chartplotters and multi-function displays, cartography products, fish finders, sonar products, autopilot systems, radars, compliant instrument displays and sensors, VHF communication radios, handhelds and wearable devices, sailing products, entertainment, digital switching products, and trolling motors. Its Auto segment offers embedded computing models and infotainment systems; personal navigation devices; and cameras. The company sells its products through independent retailers, online retailers, dealers, distributors, installation and repair shops, and original equipment manufacturers, as well as an online webshop, garmin.com. Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland.
IPO Year: 2000
Exchange: NASDAQ
Website: garmin.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/7/2024 | $155.00 → $138.00 | Equal-Weight → Underweight | Morgan Stanley |
| 9/13/2024 | $181.00 → $133.00 | Equal Weight → Underweight | Barclays |
| 5/22/2024 | $165.00 → $150.00 | Neutral → Underperform | BofA Securities |
| 1/8/2024 | $135.00 | Overweight → Neutral | JP Morgan |
| 7/5/2023 | $115.00 | Overweight | JP Morgan |
| 4/19/2023 | Sector Weight | KeyBanc Capital Markets | |
| 11/9/2022 | $97.00 | Equal Weight | Barclays |
| 8/2/2022 | $137.00 → $109.00 | Buy → Neutral | BofA Securities |
| 3/18/2022 | $165.00 → $140.00 | Neutral → Buy | BofA Securities |
| 2/17/2022 | $141.00 → $127.00 | Equal-Weight | Morgan Stanley |
11-K - GARMIN LTD (0001121788) (Filer)
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8-K/A - GARMIN LTD (0001121788) (Filer)
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8-K - GARMIN LTD (0001121788) (Filer)
DEFA14A - GARMIN LTD (0001121788) (Filer)
DEF 14A - GARMIN LTD (0001121788) (Filer)
PRE 14A - GARMIN LTD (0001121788) (Filer)
144 - GARMIN LTD (0001121788) (Subject)
Rugged nautical watch includes new built-in speaker and mic with chartplotter voice command capabilities, larger AMOLED display and more durable design OLATHE, Kan., June 25, 2025 /PRNewswire/ -- Garmin (NYSE:GRMN), the world's largest1 and most innovative marine electronics manufacturer, today announced quatix® 8 – the ultimate nautical smartwatch purpose-built for life on and off the water. With a new built-in speaker and microphone, it's easier to control the helm2 or answer a phone call3 while staying focused on the water. Available in two sizes – 47mm and 51mm – both models feature a 1.4-inch AMOLED display, scratch-resistant sapphire lens and tough titanium bezel, while new leakproof b
Streamlined communications between air traffic control and the cockpit is now available to the broad retrofit aviation market OLATHE, Kan., June 25, 2025 /PRNewswire/ -- Garmin (NYSE:GRMN) today announced the expansion of its FAA Data Comm solution to now include the broad retrofit market with over 25 makes and models added to the FAA Data Comm participation list. Previously available from Garmin on integrated flight decks, FAA Data Comm is now available for GTN 750Xi series navigators through integration with the GDR 66 VHF data link (VDL) Mode 2 transceiver. When paired with Garmin's TXi™ flight displays, additional features are enabled through enhanced push-to-load functionality. This cap
Gradient simulator raises the bar on indoor cycling by replicating climbs and creating a fully immersive riding experience OLATHE, Kan., June 24, 2025 /PRNewswire/ -- Garmin (NYSE:GRMN) today announced Tacx® Alpine, a gradient simulator that raises and lowers the front of a bike during an indoor ride to replicate climbs and provide more natural movement. Featuring an exclusive design that accommodates the motion of Tacx NEO 2T and 3M smart trainers, Tacx Alpine builds upon that powerful, immersive ride experience by mimicking grades from up to 25% and down to -10% and enabling steering1 to create a more realistic ride for cyclists as they virtually explore and train indoors.
Advanced marine stereo features a reimagined internal amplifier, faster processing and high-resolution audio for unparalleled sound quality OLATHE, Kan., June 19, 2025 /PRNewswire/ -- Garmin (NYSE:GRMN), the world's largest1 and most innovative marine electronics manufacturer, today announced the premium Fusion Apollo™ RA800 marine stereo that brings reimagined design and powerful audio performance to boaters everywhere. Designed specifically for marine environments, the Apollo RA800 offers high-resolution, lossless audio and Wi-Fi® connectivity for exceptional sound performance and seamless streaming. The stereo also features a more powerful internal amplifier and drives up to four speakers
Lightweight band tracks sleep stages, HRV status, breathing variations, skin temperature and more—all while maximizing comfort OLATHE, Kan., June 18, 2025 /PRNewswire/ -- Garmin (NYSE:GRMN) today announced the Index™ Sleep Monitor, an ultra-comfortable and lightweight smart sleep band that tracks sleep for a more comprehensive view of overall fitness and recovery. Featuring up to 7 nights of battery life with continuous Pulse Ox tracking, the Index Sleep Monitor is worn on the upper arm and tracks sleep stages, heart rate variability (HRV) status, breathing variations, skin temperature and more to calculate a sleep score for users and provide valuable insights about their health1. After a n
Tough, rugged and compact bike computer is ready to hit the trails OLATHE, Kan., June 17, 2025 /PRNewswire/ -- Garmin (NYSE:GRMN) today announced Edge® MTB, a rugged and compact GPS bike computer purposefully designed for mountain bikers. Ready for long days on the trail, Edge MTB features full-color maps, new enduro and downhill ride profiles and is the first bike computer in its class with 5 Hz GPS recording so riders can see their trail lines in greater detail during descents. And with up to 14 hours of battery life in demanding use cases and up to 26 hours in battery saver mode, mountain bikers can do what they love, longer.
Ultrawide and simplified to deliver a more streamlined and immersive experience at the helm OLATHE, Kan., June 12, 2025 /PRNewswire/ -- Garmin (NYSE:GRMN), the world's largest1 and most innovative marine electronics manufacturer, today announced the GPSMAP® 15x3 chartplotter, providing boaters, cruisers and sailors with an ultrawide 15-inch touchscreen for a stunning high-resolution display, superior clarity and a sleek design to optimize space in the helm. With an edge-to-edge glass format that fits a wide range of dash configurations, users can enjoy the advantages of dual screens without needing two separate units, making it easier to display the data and applications they use most.
Sleek smartwatch sets the trend with lightweight materials and a built-in speaker, mic and LED flashlight OLATHE, Kan., June 12, 2025 /PRNewswire/ -- Garmin (NYSE:GRMN) today announced Venu® X1, setting new standards in the smartwatch industry with an ultrathin design, revolutionary 2-inch display and superior battery life. Venu X1 fuses a titanium caseback with a scratch-resistant sapphire lens and an easy-to-read AMOLED display—all with an 8mm watch case. It also features a built-in speaker and microphone so users can make and take calls from the wrist1, plus a bright LED flashlight that provides greater awareness in the dark. And with up to 8 days of battery life in smartwatch mode, it's
Next-generation flight deck brings the latest industry-leading innovations to Part 25 transport aircraft OLATHE, Kan., June 11, 2025 /PRNewswire/ -- Garmin (NYSE:GRMN) today introduced G5000® PRIME, its most advanced integrated flight deck for Part 25 transport aircraft. Built for the demands of transport category aircraft and powered by Garmin innovations, G5000 PRIME is designed to simplify operations and enhance safety. The robust, intuitive, all-touchscreen flight deck is designed to feature more displays and display layout options to provide additional information in busy airport environments. G5000 PRIME is highly flexible and customizable, and its open architecture supports advanced
New rugged all-terrain navigators offer larger touchscreens, sturdy mounts and bring a new Great Rides feature to take off-road adventures even farther OLATHE, Kan., June 10, 2025 /PRNewswire/ -- Garmin (NYSE:GRMN) today announced the Tread® 2 — Overland Edition and Tread 2 — SxS Edition navigators that bring larger, brighter displays, faster performance and additional mapping options to enrich off-road adventures. Both all-terrain navigators feature 8" high-resolution, ultrabright, glove-friendly touchscreens and are purpose-built to withstand extreme temperatures and weather with an IP67 dust/water rating. The Overland Edition comes with a heavy-duty suction cup and robust magnetic-assiste