Garmin Ltd. (NYSE:GRMN) is a well-known company specializing in GPS technology and wearable devices. It competes with other tech giants in the fitness and smart wearables market. On September 30, 2025, Tigress Financial reaffirmed its "Strong Buy" rating for Garmin, with the stock priced at around $245.28. The firm also raised Garmin's price target from $285 to $305.
Tigress Financial analyst Ivan Feinseth increased Garmin's price target, citing the company's potential for accelerating revenue growth. This growth is largely driven by the strength in Garmin's fitness and smart wearables segments. The revised target suggests a potential total return of over 25% from the current levels, as highlighted by Tigress Financial.
Garmin's current stock price is $244.12, reflecting a slight decrease of 0.57% or $1.41. Today, the stock has traded between a low of $243.25 and a high of $245.56. Over the past year, Garmin's stock has reached a high of $246.50 and a low of $160.94, indicating significant volatility.
Garmin Ltd. has a market capitalization of approximately $46.99 billion, showcasing its substantial presence in the market. The trading volume for the day is 130,540 shares on the New York Stock Exchange (NYSE), reflecting investor interest in the company's performance and future prospects.
