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Garmin (GRMN, Consumer Electronics) Stock Valuation & Fair Value Significantly overvalued

Garmin (GRMN, Consumer Electronics) trades at a blended P/E of 30.8, about 63% above its historical normal valuation, with a forward growth estimate of 12.1% and a PEG of 2.55. Analysts' one-year estimates have been hit 18% of the time.

DATA AS OF 2026-08-21
Blended P/E
30.8
Normal P/E
18.9
PEG
2.55
Fwd growth
12.1%
Div yield
1.4%
RSI (14)
60.2
Neutral

The Street vs SeerForecast

Wall Street's mean price target for GRMN is $290.29 across 7 analysts, 1.5% below the current price. The average analyst rating is Hold. Our SeerForecast read of the same stock, formed without analyst targets: significantly overvalued. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating moved from trading above fair value (2026-06-03) to significantly overvalued (2026-08-21).

Price and rating by weekClose moved +30.9 percent from 2026-06-03 to 2026-08-17, with 1 rating change over 21 recorded weeks.2026-06-03: Trading above fair value, close 236.89 (recalculated)2026-06-10: Trading above fair value, close 230.70 (recalculated)2026-06-14: Trading above fair value, close 237.05 (recalculated)2026-06-16: Trading above fair value, close 234.96 (recalculated)2026-06-21: Trading above fair value, close 234.20 (recalculated)2026-07-02: Trading above fair value, close 240.02 (recalculated)2026-07-06: Trading above fair value, close 245.22 (recalculated)2026-07-09: Trading above fair value, close 244.51 (recalculated)2026-07-12: Significantly overvalued, close 243.11 (recalculated)2026-07-13: Significantly overvalued, close 243.61 (recalculated)2026-07-14: Significantly overvalued, close 241.39 (recalculated)2026-07-20: Significantly overvalued, close 244.79 (recalculated)2026-07-22: Significantly overvalued, close 240.51 (recalculated)2026-07-25: Significantly overvalued, close 243.03 (recalculated)2026-07-27: Significantly overvalued, close 242.47 (recalculated)2026-07-31: Significantly overvalued, close 293.78 (recalculated)2026-08-03: Significantly overvalued, close 293.782026-08-07: Significantly overvalued, close 310.89 (recalculated)2026-08-10: Significantly overvalued, close 310.892026-08-14: Significantly overvalued, close 310.20 (recalculated)2026-08-17: Significantly overvalued, close 310.202373102026-06-032026-08-17
Attractively valuedFairly valuedAbove fair valueLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

2026-06-03P/E 26.2+39%Trading above fair value
2026-06-10P/E 26.1+38%Trading above fair value
2026-06-14P/E 26.1+38%Trading above fair value
2026-06-16P/E 26.1+38%Trading above fair value
2026-06-21P/E 26.1+38%Trading above fair value
2026-07-02P/E 26.0+38%Trading above fair value
2026-07-06P/E 26.3+39%Trading above fair value
2026-07-09P/E 26.3+39%Trading above fair value
2026-07-12P/E 26.6+40%Significantly overvalued
2026-07-13P/E 26.6+40%Significantly overvalued
2026-07-14P/E 26.6+40%Significantly overvalued
2026-07-20P/E 27.2+44%Significantly overvalued
2026-07-22P/E 27.2+44%Significantly overvalued
2026-07-25P/E 26.4+40%Significantly overvalued
2026-07-27P/E 26.4+40%Significantly overvalued
2026-07-31P/E 31.7+67%Significantly overvalued
2026-08-03P/E 31.3+65%Significantly overvalued
2026-08-07P/E 32.0+69%Significantly overvalued
2026-08-10P/E 32.9+74%Significantly overvalued
2026-08-14P/E 32.9+74%Significantly overvalued
2026-08-17P/E 32.9+74%Significantly overvalued
2026-08-21P/E 30.8+63%Significantly overvalued ← now

Frequently asked questions

Is Garmin stock overvalued?

At a blended P/E of 30.8 versus its historical normal P/E of 18.9, Garmin trades about 63% above its typical valuation, with a PEG of 2.55 on 12.1% forward growth. tickerseer currently rates it significantly overvalued.

What is Garmin's fair value and PEG?

Garmin trades at a blended P/E of 30.8 against a historical normal P/E of 18.9, a PEG of 2.55, and a forward growth estimate of 12.1%.

Has tickerseer's rating of Garmin changed?

tickerseer's rating moved from trading above fair value (2026-06-03) to significantly overvalued (2026-08-21).

What is the analyst price target for Garmin?

The mean Wall Street price target for Garmin is $290.29 across 7 analysts, 1.5% below the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Consumer Electronics. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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