Garmin launches Enduro 4 GPS watch: analysts raise Garmin stock target

Published on 10/13/2026 at 09:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Analysts lifted the target to USD 302 from USD 280. Garmin stock trades at EUR 239.50 on October 13, 2026 before October 28 results.

Garmin launched the Enduro 4 GPS smartwatch on October 6, 2026, with up to 320 hours of activity battery life.
Analysts raised the average target from USD 280 to USD 302 on September 23, 2026.
Garmin stock was trading at EUR 239.50 at Lang & Schwarz on October 13, 2026 at 8:57 a.m. CEST.
Garmin reports third-quarter 2026 results on October 28, 2026, while the next dividend ex-date is December 11, 2026.

Pop-Art-Comic-Szene Bergwanderer mit GPS-Gerät in Lichtenstein-Stil mit bunten Halbtonpunkten — Garmin Ltd. Pop-Art-Comic Bergwanderer mit GPS-Gerät bunte Halbton-Punkte Abenteuer-Navigation Berge ISIN CH0114405324, Illustration mit AI erstellt.

Garmin Ltd. (CH0114405324) launched the Enduro 4 GPS smartwatch on October 6, 2026, while analysts had raised their average target from USD 280 to USD 302 on September 23, 2026. The product launch adds a fresh operating detail to the investment case, while the target revision places valuation and execution ahead of Garmin's third-quarter report.

Three recent milestones

Simply Wall St recorded the target increase to USD 302 from USD 280 on September 23, 2026, based on six analysts. On September 27, 2026, the same source listed a USD 1.05 dividend and a December 11, 2026 ex-date.

Garmin's October 6, 2026 Enduro 4 announcement adds up to 320 hours of activity battery life and up to 90 days in smartwatch mode, according to Simply Wall St. The chronology matters because the launch followed the target revision and dividend announcement within 13 days.

What does the launch add?

The Enduro 4 extends Garmin's endurance positioning with 320 hours of activity battery life, while its navigation system delivers 30 percent faster panning than the prior generation, according to Simply Wall St. For investors, the product figure provides a concrete test for whether Garmin can defend premium pricing across its fitness portfolio.

Revenue sets the benchmark

Garmin generated USD 2.02 billion of revenue in the second quarter of 2026, up 11 percent year over year. Net income reached USD 541.9 million, up 35 percent year over year, while operating income rose 30 percent to USD 615.5 million, according to Financial Report Insights. Profit therefore grew faster than revenue in the second quarter, giving the October report a clear margin and demand test.

Dates for the next reports

Garmin is scheduled to report third-quarter 2026 results before the market opens on October 28, 2026, with analysts expecting diluted earnings per share of USD 2.38, according to Barchart. The next dividend ex-date is December 11, 2026, with the payout listed at USD 1.05 per share by Simply Wall St.

Garmin stock before the report

Garmin stock was trading at EUR 239.50 at Lang & Schwarz on October 13, 2026 at 8:57 a.m. CEST in pre-market trading. The latest primary-market reference showed NYSE-listed GRMN at USD 266.76 after hours on October 12, 2026, with a market capitalization of USD 51.4 billion and a 52-week range of USD 186.67 to USD 314.28.

The further course of trading is shown by the continuously updated real-time quote of Garmin stock.