STOCK TITAN

Garmin (GRMN) Stock News

GRMN NYSE

Welcome to our dedicated page for Garmin news (Ticker: GRMN), a resource for investors and traders seeking the latest updates and insights on Garmin stock.

Garmin Ltd. reports developments across GPS-enabled hardware and software for fitness, outdoor, automotive, aviation and marine markets. Company news commonly covers earnings releases, new smartwatch features, aviation flight deck systems, marine sonar and chartplotter products, and integrations through the Connect IQ platform and connected wearables.

Garmin updates also include audio products under JL Audio and Fusion, inReach satellite and cellular connectivity, supplier recognition in aviation, and product partnerships tied to health, messaging and outdoor communications. The company is incorporated in Switzerland, with principal subsidiaries in the United States, Taiwan and the United Kingdom.

Rhea-AI Summary

Garmin (GRMN) introduced redesigned Garmin Drive GPS navigators featuring high‑resolution ultrawide displays in 7.1- and 8.8‑inch sizes for in‑vehicle use.

The low-profile design is intended to minimize obstruction of the driver’s line of sight, while an updated interface lets users select routes and destinations directly from the map. Features include visibility of upcoming traffic lights and stop signs, driver alerts for curves, speed changes and school zones, EV charging station search with power filters and live availability, dynamic fuel pricing, and real-time weather and traffic data when connected to the Garmin Drive app on a compatible smartphone. The devices come with preloaded detailed street maps of North America, TripAdvisor traveler ratings, Wi‑Fi map and software updates, and have suggested retail prices from $299.99 to $349.99.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.26%
Tags
none
-
Rhea-AI Summary

Garmin (NYSE: GRMN) introduced SmartDrive, a new sailboat and catamaran autopilot actuator that combines a brushless linear actuator, built-in ECU and rudder feedback sensor, targeting vessels up to 45 feet and 33,000 pounds. Paired with the Reactor 40 Corepack, it can deliver up to 1,050 pounds of thrust to help maintain steady rudder control.

SmartDrive features fewer cables for simplified retrofit installation, NMEA 2000 integration with compatible Garmin multifunction displays and multiple control options. The actuator is priced at $3,499.99, while Reactor 40 Sail Corepack bundles with SmartDrive start at $4,499.99.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.14%
Tags
none
-
Rhea-AI Summary

Garmin (NYSE: GRMN) introduced the GMI 40, a modern multipurpose marine instrument with a 4.3-inch, high-resolution color LCD touchscreen designed to display real-time boating data in a clean, easy-to-read format. The device integrates with onboard electronics via NMEA 2000 and Garmin BlueNet networks and supports wireless connectivity with gWind sensors, marine remotes and quatix smartwatches.

According to Garmin, the GMI 40 can be purchased standalone or in bundles that add wind, depth, speed and temperature sensors. The instrument is available now at a suggested retail price of $599.99, with bundles ranging from $1,099.99 to $1,899.99.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.14%
Tags
none
Rhea-AI Summary

Garmin (NYSE: GRMN) launched the JL Audio M200 marine speaker and subwoofer series, expanding its M-series lineup with new 6.5- and 7.7-inch speakers and a 10-inch subwoofer. The M200 products are designed for harsh marine environments, offering up to 60 watts RMS power handling for speakers and 250 watts RMS for the subwoofer.

The series features customizable RGB LED lighting, compatible with Garmin Spectra and Garmin Lumishore light control modules for advanced control via select chartplotters or the ActiveCaptain app. Available with white or gray grilles, the M200 line is on sale now at suggested retail prices from $199.99 to $349.99.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.14%
Tags
none
-
Rhea-AI Summary

Garmin (NYSE: GRMN) introduced the JL Audio A60 and A60-H marine head units, featuring built-in Digital Signal Processing (DSP), Easy Tune via a redesigned Garmin Audio app, and support for four independent audio zones. The A60 offers a 2.95-inch hi‑res color, sunlight-readable display, while the A60-H is a compact hideaway model designed for integration with Garmin multifunction displays.

Both units support Bluetooth LE audio streaming, NMEA 2000 networking, Speed vs. Volume adjustment, a built-in DAB tuner, and IPX6/IPX7 environmental protection. The A60 and A60-H are available now at a suggested retail price of $599.99, with the JL Audio R5 volume controller at $179.99 and the NRX-300 wired remote at $229.99.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.14%
Tags
none
-
Rhea-AI Summary

Garmin (NYSE: GRMN) launched its next-generation multisport GPS smartwatches, fēnix 9 and fēnix 9 Pro, designed for athletes and adventurers. The new lineup adds a brighter AMOLED display, enhanced stamina metrics, Garmin Epic multi-activity storytelling, upgraded mapping performance and expanded fitness tracking features.

fēnix 9 Pro introduces the first titanium watch case in the fēnix series, up to 3,000-nit AMOLED brightness, a 1.5-inch display on the 51mm model, solar-charging options and built-in satellite and LTE connectivity for voice, text and SOS. Pricing starts at $999.99 for fēnix 9 and $1,099.99 for fēnix 9 Pro.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.95%
Tags
none
Rhea-AI Summary

Garmin (NYSE: GRMN) reported record Q2 2026 results, with consolidated revenue of $2.02 billion, up 11% year over year, led by 25% growth in Fitness and double-digit growth in Marine and Aviation. Gross margin rose to 62.4% and operating margin to 30.4%, driving record operating income of $616 million, up 30%.

GAAP diluted EPS was $2.80 and pro forma EPS $2.81, with pro forma EPS up 29% from Q2 2025. According to Garmin, all segments were profitable, and consolidated gross margin expansion reflected favorable product mix and about $21 million of tariff refunds. The company generated $404 million in operating cash flow and $276 million in free cash flow, ended the quarter with approximately $4.4 billion in cash and marketable securities, and returned $245 million via dividends and share repurchases.

Based on strong first-half performance, Garmin raised full-year 2026 guidance to approximately $8.05 billion in revenue and pro forma EPS of $10.00, assuming 59.7% gross margin, 27.0% operating margin and a 16.5% full-year tax rate. Garmin also completed the strategic acquisition of TrainingPeaks and TrainHeroic, launched multiple new products across segments, and confirmed its $4.20 per-share annual dividend, with the next $1.05 installment scheduled for September 25, 2026.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.23%
Tags
-
Rhea-AI Summary

Garmin (NYSE: GRMN) introduced Mobile Clearance Delivery for the Garmin Pilot Premium app on iOS, enabling users at select U.S. airports to obtain IFR clearances electronically within the new Flights page. The feature aims to reduce radio and phone communications with air traffic control, lessen frequency congestion and readback errors, and streamline the transition from planning to departure.

After filing an IFR flight plan, eligible pilots can start a Mobile Clearance Delivery session within 30 minutes of departure, receive and review a text clearance, accept it with a “WILCO” response, and overlay the cleared route on the Garmin Pilot map or send it to compatible avionics via Connext when properly equipped. Clearances remain accessible before takeoff via the Flights page and a persistent banner, and for 48 hours after departure. Developed with the FAA and MITRE, the feature is in operational test and evaluation, currently active at five airports (KIXD, KDWH, KSGR, KGLS, KATW) and planned for phased nationwide rollout through 2028, with a future enhancement to cancel IFR in-app after landing at supported airports.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.17%
Tags
none
-
Rhea-AI Summary

Garmin (NYSE: GRMN) announced on July 22, 2026 that it has acquired the TrainingPeaks and TrainHeroic digital training platforms, which connect coaches and athletes seeking to improve endurance, strength and overall performance. The deal is intended to strengthen Garmin's fitness ecosystem with more customizable, data-driven coaching experiences for athletes at all levels.

According to Garmin, about 120 associates from TrainingPeaks and TrainHeroic, headquartered in Louisville, Colorado, will join its global workforce. Financial terms of the acquisition will not be disclosed. Garmin highlighted the alignment in mission to provide science-based, structured training and performance insights.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.63%
Tags
Rhea-AI Summary

Garmin (NYSE: GRMN) introduced the CIRQA Smart Band, its first screen-free smart band, designed for distraction-free 24/7 health and fitness tracking with no subscription required. The band delivers up to 10 days of battery life and syncs all data to the Garmin Connect app.

CIRQA Smart Band monitors wrist-based heart rate, Body Battery energy, Pulse Ox, stress, skin temperature, sleep stages, sleep score, naps and more, and supports menstrual and pregnancy tracking plus syncing with the FDA-cleared Natural Cycles birth control app. It automatically detects activities, supports manual tracking for 80+ sports, offers training readiness, HRV status, VO2 max, training status, workout benefit and recovery time, and uses connected GPS via a paired smartphone. The fabric band can be worn on the wrist or upper arm, comes in multiple colors, and is available now at a suggested retail price of $199.99.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.33%
Tags
none

FAQ

What is the current stock price of Garmin (GRMN)?

The current stock price of Garmin (GRMN) is $282.67 as of September 12, 2026.

What is the market cap of Garmin (GRMN)?

The market cap of Garmin (GRMN) is approximately 54.5B.