February 12, 2026 a 05:00 pm

GRMN: Analysts Ratings - Garmin Ltd.

Garmin Ltd. stock analysis

Garmin Ltd. has shown a dynamic evolution in market sentiment and analyst recommendations over recent months. While some insecurity remains evident, the company continues to present significant potential within its broad product segments. Recent shifts in analyst ratings may indicate changing perceptions among investors and analysts, possibly in response to broader market conditions or the company's strategic directions.

Historical Stock Grades

The latest data for Garmin Ltd., dated February 2026, shows a predominance of 'Hold' ratings, alongside notable 'Buy' recommendations. The following table provides a detailed breakdown of analyst ratings, complete with a visual representation for better insight.

Rating Count Score
Strong Buy 0
Buy 3
Hold 4
Sell 1
Strong Sell 1
Analyst ratings history for Garmin Ltd. Stock chart for Garmin Ltd.

Sentiment Development

Over recent months, Garmin Ltd. has seen a shift in analyst sentiment, reflected in the balance of recommendations. Significant points include:

  • A consistent 'Hold' rating has dominated, suggesting neutrality in market sentiment.
  • A slight increase in 'Buy' ratings signals potential optimism about future performance.
  • 'Strong Buy' ratings have waned, indicating reduced exuberance or confidence among analysts.
  • Noteworthy is the fluctuation in 'Strong Sell' ratings, which may reflect external market pressures or company-specific challenges.

Percentage Trends

The distribution of ratings over the past year reflects some notable trends:

  • 'Buy' ratings have maintained a steady but marginal presence of approximately 20-30%.
  • 'Hold' ratings consistently prevail, depicting caution and a wait-and-see approach by analysts, usually constituting 40-50%.
  • 'Strong Sell' ratings peaked mid-year but have since returned to modest levels, underlining potential uncertainty in specific periods.
  • Over the last 12 months, there's been a tangible shift towards more conservative stances, with the reduction in aggressive 'Strong Buy' or 'Strong Sell' behaviors.

Latest Analyst Recommendations

Recent analyst activities underline shifts in recommendations, reflecting their reassessments of Garmin Ltd.'s prospects:

Date New Recommendation Last Recommendation Publisher
2026-01-16 Equal Weight Underweight Barclays
2025-12-19 Strong Buy Strong Buy Tigress Financial
2025-12-03 Buy Neutral Longbow Research
2025-10-30 Underweight Underweight Morgan Stanley
2025-10-30 Underweight Underweight Barclays

Analyst Recommendations with Change of Opinion

Tracking opinion shifts offers insights into analysts reassessing Garmin Ltd.'s value proposition:

Date New Recommendation Last Recommendation Publisher
2026-01-16 Equal Weight Underweight Barclays
2025-12-03 Buy Neutral Longbow Research
2024-09-13 Underweight Equal Weight Barclays
2024-05-22 Underperform Neutral B of A Securities
2024-01-08 Neutral Overweight JP Morgan

Interpretation

The analysis of Garmin Ltd.'s stock ratings suggests a market perception tinged with cautious optimism and periodic skepticism. The consistency of 'Hold' ratings indicates a prevailing uncertainty about the company's immediate prospects. Despite this, incremental upgrades and the presence of 'Buy' ratings suggest underlying confidence in Garmin's strategic direction or market positioning. Emerging patterns point to a growing willingness among analysts to reassess and potentially upgrade their recommendations as circumstances evolve.

Conclusion

In summary, Garmin Ltd. continues to operate in a competitive and evolving market landscape. The current analyst sentiment appears to reflect a cautious optimism, interspersed with prudence regarding future performance. While the recent reduction in 'Strong Buy' recommendations denotes caution, the stable 'Buy' and 'Hold' ratings suggest a balanced outlook. The absence of extreme negative sentiments provides a potentially positive signal, though external market factors may impact future performance. Analysts should monitor trends closely, given the potential for sudden shifts due to market dynamics or strategic developments within the company.