Garmin stock: Arete starts coverage at USD 335.00 for Garmin stock

Published on 10/19/2026 at 16:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Garmin reports third-quarter results on October 28, 2026. Garmin stock costs EUR 254.10 on October 19, 2026 at Lang & Schwarz.

Analyst target and reporting date

Arete Research began Garmin coverage with a USD 335.00 target on October 14, 2026.
Garmin is scheduled to release third-quarter 2026 results on October 28, 2026.
Garmin stock costs EUR 254.10 at Lang & Schwarz on October 19, 2026 at 4:02 p.m. CEST.
Garmin had a market capitalization of USD 54.8 billion on October 19, 2026.

Draufsicht auf Aktienzertifikat CH0114405324 mit GPS-Gerät, Smartwatch, Kompass auf Schieferplatte — Garmin Ltd. Flatlay Aktienzertifikat ISIN CH0114405324 GPS-Gerät Smartwatch Kompass Elektronik-Arrangement Draufsicht Schiefer, Illustration mit AI erstellt.

Arete Research began coverage of Garmin with a Buy rating and a USD 335.00 price target on October 14, 2026, according to Yahoo Finance. The target is 17.84 percent above Garmin's USD 284.29 Nasdaq price at 10:11 a.m. ET on October 19, 2026. Garmin stock was trading at EUR 254.10 at Lang & Schwarz on October 19, 2026 at 4:02 p.m. CEST.

Results date brings the next test

Garmin is scheduled to release third-quarter 2026 results before the Nasdaq open on October 28, 2026, with an earnings call at 10:30 a.m. EDT, according to the company's Garmin release dated September 23, 2026. The event gives the market a defined checkpoint for testing the analyst target against fresh operating figures.

Stock sits below its yearly high

The Nasdaq quote stood at USD 284.29, down 0.18 percent from the USD 284.79 prior close on October 19, 2026. Garmin's same-day range was USD 284.03 to USD 286.15, while volume reached 28,392 shares against an average of 912,635 shares. Its 52-week range was USD 186.67 to USD 314.28, placing the quote 9.54 percent below the high and 52.18 percent above the low.

Valuation and market size

Garmin's market capitalization was USD 54.8 billion on October 19, 2026, and its price-to-earnings ratio was 29.28. The company operates in technology hardware and equipment, with products spanning fitness, outdoor, aviation, marine and automotive markets. The current target of USD 335.00 therefore sits above both the Nasdaq quote and Garmin's reported 52-week high, giving the October 28 results a clear valuation reference.

Comparison with peers

Garmin Ltd. (NYSE, USD): minus 0.18 percent, P/E 29.28, market capitalization USD 54.8 billion.
Apple Inc. (Nasdaq, USD): plus 0.43 percent, P/E 39.56, market capitalization USD 5.0 trillion.
GoPro, Inc. (Nasdaq, USD): plus 5.56 percent, P/E minus 1.12, market capitalization USD 207.4 million.

Price and investor perspective

The euro quote gives German investors a separate trading reference from Garmin's Nasdaq listing, while the analyst target and October 28 reporting date define the next two measurable checkpoints. Garmin stock was trading at EUR 254.10 at Lang & Schwarz on October 19, 2026 at 4:02 p.m. CEST.

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