Garmin Stock Price, News & Analysis

Garmin announces the launch of the D2™ Air X10, a GPS smartwatch designed specifically for pilots. It features advanced aviation tools including built-in voice functionality that allows users to make calls and access their smartphone’s voice assistant. Key capabilities include direct-to navigation, automatic flight logging, and a suite of health tracking features. The watch boasts a battery life of up to 7 days and comes at a suggested retail price of $549.99.

Garmin has announced a three-year title sponsorship of the Garmin Gravel Worlds event, beginning with the 2022 race in Lincoln, Nebraska, set for August 19-20, 2022. This grassroots-style gravel bike race and the new Land Ho 50K ultramarathon will celebrate athletes of all abilities. Garmin aims to promote inclusivity while showcasing its cycling and running products, including Edge cycling computers and Rally power meter pedals.

Garmin has launched the inReach Mini 2, a compact satellite communication device designed for outdoor enthusiasts. It features two-way texting, SOS capabilities, and up to 30 days of battery life. The device includes navigation features like TracBack and integrates with the Garmin Explore app for enhanced functionality. The inReach Mini 2 offers location tracking and weather updates via the global Iridium satellite network. It is priced at $399.99 and requires an active satellite subscription.

Garmin has introduced a new feature, Green Contour data, to its Garmin Golf app membership, enhancing golfers' approach shots by displaying the slope direction of the green. This innovative tool allows users to view critical green information, including slope percentages and directional arrows, available for over 8,900 courses in North America. Membership costs $9.99 monthly or $99.99 annually, with additional benefits such as access to the Home Tee Hero simulator with certain purchases. The feature aims to improve golfers' performance on challenging courses.

Garmin has launched its latest marine cartography products, Garmin Navionics+ and Garmin Navionics Vision+, designed for Garmin chartplotters. These products feature all-in-one mapping solutions integrating detailed inland and offshore data, daily chart updates, and advanced Auto Guidance+ technology for enhanced navigation. With up to 5,000 daily updates and comprehensive coverage of over 42,000 lakes globally, the new cartography aims to improve situational awareness for mariners. Pricing ranges from $129.99 to $399.99 based on coverage.

Garmin has announced a new catalog of marine cartography products under its Navionics brand, featuring the Navionics+ and Platinum+ charts. These charts now integrate inland and coastal mapping, making navigation easier for mariners. The catalog boasts daily chart updates, high-resolution overlays, and premium features for enhanced navigation experiences. The Navionics+ and Platinum+ chart cards have suggested retail prices ranging from $129.99 to $399.99. This upgrade aims to simplify boating and fishing trips with new, detailed coverage regions.

Garmin has unveiled the fēnix 7 Series, an advanced solar-enhanced multisport GPS smartwatch. This new generation boasts a touchscreen design, a robust 5-button interface, and features like multi-band positioning and extensive training tools aimed at athletes. The series offers improved battery life, lasting up to 5 weeks in smartwatch mode thanks to solar charging. Noteworthy additions include a built-in flashlight for fēnix 7X models and new training metrics like Real-Time Stamina and Visual Race Predictor, enhancing athletic performance and recovery insights.

Garmin has launched the epix™, a premium multisport smartwatch featuring a vibrant AMOLED display. Designed for an active lifestyle, the watch boasts up to 16 days of battery life, advanced health monitoring features, and customizable training plans. It offers a durable design with a sapphire lens and titanium bezel, making it suitable for both workouts and everyday wear. The epix provides smart features like music storage, notifications, and Garmin Pay, aimed at enhancing the user experience. Priced starting at $899.99, it caters to both fitness enthusiasts and everyday users.

Garmin Ltd. (NYSE: GRMN) is set to hold its fourth quarter 2021 earnings conference call on February 16, 2022, at 10:30 a.m. EST. This conference call will follow the earnings release, which is scheduled for distribution prior to market open on the same day. Investors can access the call via the company's website or by phone. A replay of the call will be available until February 15, 2023. Garmin, incorporated in Switzerland, continues to innovate across various sectors, including aviation and fitness.