Research Analysts’ Recent Ratings Changes for Garmin (GRMN)

Garmin (NYSE: GRMN) has recently received a number of price target changes and ratings updates:

• 8/6/2026 – Garmin was given a new $370.00 price target by UBS Group AG.
• 8/6/2026 – Garmin had its “strong-buy” rating reaffirmed by Tigress Financial.
• 8/6/2026 – Garmin had its price target raised by Tigress Financial from $325.00 to $370.00. They now have a “strong-buy” rating on the stock.
• 7/31/2026 – Garmin was upgraded by Zacks Research from “hold” to “strong-buy”.
• 7/30/2026 – Garmin had its price target raised by Barclays PLC from $238.00 to $297.00. They now have an “equal weight” rating on the stock.
• 7/30/2026 – Garmin had its price target raised by Morgan Stanley from $249.00 to $289.00. They now have an “equal weight” rating on the stock.
• 6/20/2026 – Garmin was downgraded by Wall Street Zen from “buy” to “hold”.

Insider Activity

In related news, CFO Douglas G. Boessen sold 2,000 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $237.91, for a total transaction of $475,820.00. Following the sale, the chief financial officer owned 26,049 shares in the company, valued at approximately $6,197,317.59. This represents a 7.13% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Joseph J. Hartnett sold 643 shares of the firm’s stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $263.57, for a total value of $169,475.51. Following the completion of the sale, the director owned 21,277 shares of the company’s stock, valued at approximately $5,607,978.89. This represents a 2.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 8,810 shares of company stock worth $2,478,157. Company insiders own 14.80% of the company’s stock.

Garmin Ltd. is a technology company best known for designing and manufacturing navigation, communication and information devices that leverage global positioning system (GPS) technology. The company serves a diverse set of markets including consumer fitness and wearables, automotive navigation, aviation avionics, marine electronics and outdoor handheld devices. Garmin’s products combine hardware, mapping and software services to deliver location-aware solutions for personal, recreational and professional uses.

Garmin’s product lineup includes wearable fitness and multisport watches (Forerunner, Fenix, Venu), cycling computers and accessories (Edge, Varia), handheld and handheld-mounted GPS devices for outdoor activities, automotive and portable navigation units, marine chartplotters and fishfinders, and certified avionics for fixed- and rotary-wing aircraft.