Wall Street analysts expect Garmin to report Q3 2026 revenue of approximately $1.98 billion and earnings of $2.38 per share, with the stock currently trading at $294.19 against a consensus price target of $313.71.
Investors are primarily focused on the performance of the Fitness segment, specifically looking for sustained double-digit revenue growth and market adoption of new wearables like the CIRQA smart band.
Garmin recently raised its full-year 2026 guidance following a record second quarter, reflecting robust momentum across its diversified product ecosystem. However, market participants are also weighing potential headwinds in the Auto OEM segment and the impact of rising memory costs on second-half gross margins.