JPMorgan Raises its Price Target on Garmin (GRMN) to $285

Garmin Ltd. (NYSE:GRMN) is one of the 10 Best Debt Free Blue Chip Stocks to Invest In.

On April 15, 2026, JPMorgan raised its price target on Garmin Ltd. (NYSE:GRMN) to $285 from $265 previously and maintained a Neutral rating on the shares as part of a broader Q1 preview across the hardware and networking group. The firm said continued AI infrastructure investment across servers, switches, copper interconnects, and optical components is expected to support upside for AI-exposed suppliers in the quarter. As part of the update, JPMorgan adjusted multiple ratings across its coverage, downgraded four names, and initiated “positive catalyst watches” on CDW and Seagate.

JPMorgan Raises its Price Target on Garmin (GRMN) to $285

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On March 30, 2026, Garmin Ltd. (NYSE:GRMN) announced a product integration with Natural Cycles, the developer of the first FDA-cleared birth control app. The integration allows users to track skin temperature through compatible Garmin smartwatches, including the fenix 8, Forerunner 570, Forerunner 970, Venu 4, and Venu X1, enabling the Natural Cycles app to deliver fertility insights and support users in monitoring reproductive health.

Garmin Ltd. (NYSE:GRMN) develops GPS-enabled devices and related technology products globally.

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