Garmin Stock Price, News & Analysis

Garmin (NYSE: GRMN) has announced its upcoming fourth quarter 2024 earnings conference call, scheduled for Wednesday, February 19, 2025, at 10:30 a.m. EDT. The company will release its earnings report before the market opens on the same day.

Shareholders, investors, and analysts can participate in the call through a live webcast available at Garmin's investor relations website. U.S. and Canadian participants can join via phone by dialing 1.800.715.9871. The webcast archive will remain accessible until February 18, 2026. Participants are advised to join 10 minutes before the call starts.

Garmin (NYSE: GRMN) has unveiled its new Montana® series of handheld GPS navigators, featuring the Montana 710, 710i, and 760i models. The devices come with 5-inch color touchscreen displays that are glove-friendly and durable, designed for various outdoor activities including hiking and mountain biking.

Key features include preloaded TopoActive maps, worldwide topographical coverage, and multiple mounting options for various vehicles. The 710i and 760i models incorporate inReach® technology for satellite communication capabilities, enabling two-way text messaging and SOS services through the Iridium® satellite network when beyond cellular coverage.

The series offers up to 24 hours of battery life in GPS mode and 440 hours in expedition mode, with IPX7 water resistance rating. The Montana 760i additionally features an 8-megapixel camera with geotagging capabilities. Prices range from $649.99 to $899.99.

Garmin (NYSE: GRMN) has unveiled its new Instinct 3 Series smartwatches, featuring both AMOLED and solar-powered display options. The series introduces significant upgrades including a metal-reinforced bezel, built-in LED flashlights, and enhanced durability with MIL-STD 810 certification and 100-meter water resistance.

Available in 45mm and 50mm sizes, the watches offer impressive battery life with AMOLED models lasting up to 24 days in smartwatch mode, while solar models can achieve unlimited battery life under optimal conditions. The new 50mm Instinct 3 Solar provides five times more battery life in GPS mode compared to its predecessor.

Key features include advanced health monitoring, smart notifications, Garmin Pay, multi-band GPS, and various sports apps. The series will be available from January 10th, with AMOLED models starting at $449.99 and solar charging models at $399.99.

Garmin (NYSE: GRMN) has launched the zūmo R1 Radar, its first purpose-built radar system for motorcycles, priced at $599.99. The system enhances rider safety through rearview and blind spot monitoring, featuring side-facing amber lights and an optional rear-facing red light to increase visibility.

The device includes handlebar indicator lights alerting riders of approaching vehicles and can be connected to the zūmo Radar mobile app or zūmo XT2 navigator. Key features include a full-screen radar display, audio alerts via compatible helmet/headset, and adjustable light and alert settings.

The system mounts above or below the license plate, features IP67 dust and water rating, and requires hard-wiring into the motorcycle's electrical system. The product is designed to withstand harsh environments while maintaining motorcycle aesthetics.

Garmin (NYSE: GRMN) has unveiled its latest automotive infotainment solution, Unified Cabin™ 2025, at CES 2025, earning a CES Innovation Award. The system delivers a complete digital cockpit experience across four seating positions with six displays, including a new ultra-wide front display.

Key innovations include Generative AI for theme customization and personalized voice assistance, Ultra-Wide Band technology for Child Presence Detection and Device AutoLink, and Dynamic Zoned Audio allowing unique audio streams for each seat. The system features enhanced computer vision, augmented reality for blind spot detection, and new app and screen sharing capabilities.

Built on the Android Automotive Operating System, Unified Cabin 2025 operates from a single System on Chip, offering a scalable solution for both premium and mainline automotive brands. The system integrates with Tianma Microelectronics displays and Corning Gorilla Glass for automotive interiors.

Garmin (GRMN) and Qualcomm Technologies announced their expanded automotive collaboration at CES 2025, introducing the Garmin Unified Cabin™ 2025, a next-generation digital cockpit solution. The system features scalable domain controller capabilities powered by Qualcomm's Snapdragon® Cockpit Elite platform.

The new solution incorporates enhanced onboard generative AI through a dedicated Neural Processing Unit (NPU), supporting theme customization and voice assistants. It's powered by Qualcomm's highest-performing CPU, Qualcomm Oryon™, improved Adreno™ GPU, and Hexagon™ NPU for superior multimodal AI performance.

This collaboration builds upon their partnership that began in 2019, with the first Unified Cabin iteration launched in 2022. The system will be showcased at CES 2025 in Las Vegas from January 7-9 at the Garmin booth.

Garmin (GRMN) has released its 2024 Garmin Connect Data Report, showcasing health and fitness trends from its global user base. Key findings include an average Body Battery level of 71, with users most energetic on Tuesdays, and an average sleep score of 71, with Dutch users achieving the best sleep quality. The report revealed an average daily step count of 8,317 and showed users are typically 2.48 years 'younger' than their chronological age based on fitness metrics.

Significant activity growth was observed in several categories, with track running increasing by 65%, HIIT by 56%, Pilates by 42%, E-bike riding by 38%, and indoor rock climbing by 31%. The data also showed training patterns linked to seasonality, with peak performance typically occurring during summer months.

Garmin (NYSE: GRMN) announced its Unified Cabin™ domain controller has been named a CES® 2025 Innovation Award Honoree in the in-vehicle entertainment category. The solution offers automakers a scalable portfolio of technologies providing personalized infotainment experiences. Built on Android Automotive Operating System, it features AI-driven customization, remembering passenger preferences and managing entertainment settings through a single control module. The system will showcase new features at CES 2025, including enhanced theming options and generative AI integrations.

Garmin's inReach Messenger Plus has been awarded the prestigious 2025 CES Best of Innovation award in the Mobile Devices, Accessories & Apps category. The device stands out among over 3,400 submissions, with less than 1% receiving this honor. This innovative satellite communicator features photo and voice messaging capabilities, along with global two-way texting, location sharing, and SOS functionalities.

The device offers weeks of battery life and can be used standalone or paired with the Garmin Messenger mobile app. In emergencies, it connects to Garmin Response, a 24/7 international emergency assistance center, allowing users to share photo and voice messages during SOS situations. Garmin's inReach technology has already contributed to over 15,000 SOS activations.