Arete Research sets USD 335.00 target for Garmin Ltd. stock

Published on 10/16/2026 at 16:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Garmin's third-quarter results are due October 28, 2026. Garmin Ltd. stock costs EUR 257.15 on October 16, 2026 at 4:02 p.m. CEST.

Analyst target and calendar

Arete Research began Garmin coverage with a USD 335.00 target on October 14, 2026.
Garmin's third-quarter 2026 earnings release is scheduled for October 28, 2026.
Garmin Ltd. stock costs EUR 257.15 at Lang & Schwarz on October 16, 2026 at 4:02 p.m. CEST.
Garmin's price-to-earnings ratio was 29.82 and its market capitalization was USD 56.0 billion on October 16, 2026.

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Arete Research began coverage of Garmin with a Buy rating and a USD 335.00 price target on October 14, 2026, according to MarketBeat. Against Garmin's USD 290.40 NYSE price at 10:06 a.m. EDT on October 16, 2026, the target stands 15.36 percent higher. Garmin Ltd. stock was trading at EUR 257.15 at Lang & Schwarz on October 16, 2026 at 4:02 p.m. CEST.

Quarterly results come October 28

Garmin's next earnings release is scheduled for October 28, 2026, before the US market opens, with a conference call at 10:30 a.m. EDT. The date was announced by Garmin on September 23, 2026. The company will report its third quarter of 2026 before the call.

Second-quarter growth sets the base

Garmin's second-quarter 2026 revenue reached USD 2.02 billion, up 11.40 percent from the year-ago quarter, while earnings per share came to USD 2.81 versus USD 2.30 consensus. MarketBeat reported the figures and identified the July 30, 2026 results date. The upcoming report will show whether that revenue pace carried into the next quarter.

Price range and valuation

Garmin's USD 186.67 to USD 314.28 52-week range places the NYSE price at USD 290.40, 7.60 percent below the high and 55.58 percent above the low on October 16, 2026. Trading volume was 87,146 shares against an average of 917,315 shares. The company had a USD 56.0 billion market capitalization, a 29.82 price-to-earnings ratio and a 0.01 percent dividend yield on the same date.

Comparison with peers

Garmin Ltd. (NYSE, USD): P/E 29.82, market capitalization USD 56.0 billion
Apple (Nasdaq, USD): P/E 39.38, market capitalization USD 5.0 trillion
GoPro (Nasdaq, USD): P/E minus 1.15, market capitalization USD 212.4 million

Garmin stock remains tied to the next report

The analyst target and the October 28 reporting date give the stock two separate reference points for the next two weeks. The second-quarter revenue figure of USD 2.02 billion remains the operating benchmark investors will compare with the next release.

Garmin Ltd. stock was trading at EUR 257.15 at Lang & Schwarz on October 16, 2026 at 4:02 p.m. CEST.

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