Will Garmin raise prices in 2027?

Garmin has not announced any price rises. On its Q3 2026 earnings call, CEO Cliff Pemble said price is one of the tools Garmin can use to offset higher memory costs, alongside its own manufacturing and scale.

Why are memory chips more expensive?

Demand from the AI build-out has outstripped supply, and Garmin says new memory costs significantly more than last year. Garmin is stockpiling and prepaying suppliers to secure chips.

Is Black Friday 2026 a good time to buy a Garmin?

Garmin says retailer interest in Q4 promotions is very strong, so deep discounts are likely. With prices possibly rising in 2027, Black Friday 2026 may be the cheapest point for some time.

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Garmin Insider News

Garmin price rises could be on the way in 2027

28 October 2026

tfk the5krunner

Dearer memory chips will squeeze margins next year, and the CEO has told analysts that charging…