Garmin Stock Price, News & Analysis

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.

Garmin (NYSE: GRMN) has been awarded the prestigious Laureate Award in the Business Aviation category from Aviation Week Network for its innovative Runway Occupancy Awareness (ROA) technology. The ROA system is the first certified solution designed to prevent runway incursions by monitoring nearby aircraft and ground vehicles using Surface Indications and Alert (SURF-IA) technology and ADS-B traffic monitoring.

The technology provides visual and aural alerts to flight crews about potential runway hazards, using Garmin's Synthetic Vision Technology to highlight threats on the pilot's primary flight display. The system has received FAA certification for use in Textron Aviation's G1000® NXi-equipped Cessna Caravan and Garmin's G5000® STC for various Citation models.

Garmin (NYSE: GRMN) has launched the Descent X50i, its largest dive computer featuring a 3-inch color touchscreen display. The device includes advanced features such as SubWave sonar technology for underwater communication, diver-to-diver messaging, and tank pressure monitoring for up to eight divers. With a 20 ATM dive rating, integrated backup dive light, and leakproof metal buttons, the X50i offers comprehensive diving capabilities. The device includes preloaded bathymetric depth contours, over 4,000 dive sites worldwide, and advanced navigation features. The Descent X50i is priced at $1,499.99.

Garmin (NYSE: GRMN) announces that its brand JL Audio has received an Innovation Award from Home Technology Specialists of America (HTSA) for its Pavilion outdoor speaker line. The award, presented at HTSA's 2024 Fall Conference, recognizes exceptional performance and quality in home technology. The Pavilion speakers are designed to project loudly over ambient noise while maintaining sound quality, and undergo marine-grade testing to ensure durability. Available in three sizes, these in-ceiling speakers can be installed in various outdoor ceiling materials.

Garmin (NYSE: GRMN) has launched the Approach R50, a premium launch monitor and golf simulator featuring a 10-inch color touchscreen display and over 43,000 preloaded golf courses worldwide. The device utilizes three cameras to track more than 15 ball and club metrics, including spin rate and spin axis. The R50 offers indoor virtual golfing capabilities with enhanced Home Tee Hero simulator, allowing up to four players to participate and compete in weekly tournaments. The device provides high-speed impact videos, comprehensive stat tracking, and compatibility with third-party simulators like GSPro and E6 Connect. Priced at $4,999.99, it features built-in Wi-Fi, four-hour battery life, and comes with a carrying case.