Garmin Ltd. logo GRMN - Garmin Ltd.

Price: -- -- | CONSENSUS: Hold DETAILS
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HOLD 20
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| PRICE TARGET: $270.67 DETAILS
HIGH: $325.00
LOW: $238.00
MEDIAN: $249.00
CONSENSUS: $270.67
UPSIDE: 10.96%

About Garmin Ltd. (https://www.garmin.com)

Garmin Ltd. specializes in the design, development, manufacturing, marketing, and global distribution of diverse wireless products and solutions. Its operations span across North and South America, the Asia Pacific region, the Australian Continent, Europe, the Middle East, and Africa. The company's offerings are organized into several key segments: Fitness: This division caters to athletes and active individuals with products like specialized running and multi-sport watches, cycling computers, activity trackers, smartwatches, and various fitness-related accessories. Additionally, it supports these offerings with its Garmin Connect web and mobile platforms, alongside Connect IQ, an ecosystem for app development. Outdoor: Garmin's Outdoor category features rugged adventure watches, portable GPS devices, golf-specific instruments and accompanying mobile applications, plus specialized dog tracking and training systems. Aviation: The Aviation sector delivers comprehensive avionics solutions for aircraft, encompassing integrated cockpit systems, advanced flight displays and instrumentation, navigation and communication tools, automated flight controls, safety enhancements, audio management, engine monitoring, traffic and weather avoidance systems, ADS-B transponders, data connectivity, portable GPS navigators, wearable aviation devices, and related support services. Marine: For the Marine market, Garmin provides a suite of solutions including chartplotters, multi-function displays, marine cartography, fish finders, sonar technology, autopilots, radar systems, compliant instrumentation and sensors, VHF radios, handheld and wearable marine devices, sailing-specific products, onboard entertainment, digital switching, and electric trolling motors. Auto: The Automotive segment focuses on in-vehicle computing and infotainment systems, personal navigation units, and various camera solutions. Garmin's products are distributed through a diverse network including independent and online retailers, authorized dealers, distributors, service and installation centers, original equipment manufacturers (OEMs), and directly via its official e-commerce platform, garmin.com. Established in 1989, Garmin Ltd. maintains its corporate headquarters in Schaffhausen, Switzerland.

Key Executives

NAME TITLE DOB SALARY
Clifton Albert Pemble President, Chief Executive Officer & Director 1966 $1,444,269 USD
Philip I. Straub Executive Vice President & MD of Aviation - Garmin International, Inc 1971 $892,033 USD
Douglas Gerard Boessen Chief Financial Officer & Treasurer 1963 $844,846 USD
Bradley Trenkle Co-Chief Operating Officer 1980 $637,754 USD
Patrick G. Desbois Co-Chief Operating Officer 1969 $637,754 USD
Min-Hwan Kao Co-Founder & Executive Chairman 1949 $384,430 USD
Joshua H. Maxfield Vice President, General Counsel & Secretary 1973
Laurie Minard Vice President of Human Resources 1967
Sean Biddlecombe Managing Director of EMEA 1966
Ted Gartner Director of Corporate Communications
Teri Seck Director of Investor Relations

Company Peers

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