Garmin Stock Price, News & Analysis

Garmin (GRMN) has unveiled its latest GPS smartwatches - the Forerunner 570 and Forerunner 970, featuring their brightest AMOLED displays yet. The devices offer enhanced training tools, recovery insights, and connected features. Key highlights include: - Built-in speaker and microphone for calls - Garmin Triathlon Coach training plans - Extended battery life (570: 11 days, 970: 15 days in smartwatch mode) - New health features including skin temperature tracking and breathing variations - Evening reports with sleep and workout recommendations The Forerunner 570 ($549.99) comes in 42mm and 47mm sizes with aluminum bezel. The premium Forerunner 970 ($749.99) features a 47mm case with sapphire lens, titanium bezel, built-in LED flashlight, and advanced features like running tolerance and ECG App. Both watches will be available for order on Garmin.com starting May 21, 2025.

Garmin (GRMN) has expanded its Navigation Database coverage to include the South Pacific region, encompassing Australia, New Zealand, and surrounding countries. The expanded database covers over 20 countries and more than 2,500 airports, providing comprehensive navigation information for all flight phases. The solution includes region-specific features like verified aircraft landing areas in Australia and visual reporting points in New Zealand. Customers can choose from various purchasing options, including single updates starting at 170 AUD, annual device bundles from 860 AUD, and OnePak subscriptions from 1,460 AUD. The database can be updated through flyGarmin.com, with multiple update methods available including Database Concierge and PlaneSync for wireless transfers.

Garmin (GRMN) announced the certification of its Autoland system for the new Cirrus SR Series G7+, marking the first implementation of this autonomous emergency landing system in piston-powered aircraft. The Safe Return™ Emergency Autoland system comes standard on all new SR20, SR22, and SR22T aircraft, capable of controlling and landing the aircraft autonomously during emergencies like pilot incapacitation.

The G7+ also features the GDL® 60 datalink system for automatic database updates and enhanced cockpit connectivity, along with Runway Occupancy Awareness (ROA) technology. Since Autoland's 2019 introduction, over 1,000 aircraft have been equipped with this system, including 450 Cirrus Vision Jets with Safe Return.

Garmin reported strong Q1 2025 financial results with record consolidated revenue of $1.54 billion, an 11% increase year-over-year. The company's operating income reached a record $333 million, up 12% from the previous year, with operating margin expanding to 21.7%.

Segment performance showed significant growth in multiple areas: Auto OEM led with 31% growth, Outdoor increased 20%, Fitness grew 12%, and Aviation rose 3%. Only the Marine segment saw a slight decline of 2%. The company maintained its full year 2025 EPS guidance of $7.80 and updated revenue expectations to $6.85 billion.

Notable achievements include recognition as one of the Top 10 Most Trustworthy Companies in America and multiple aviation and marine supplier awards. Key product launches included the vívoactive 6 smartwatch, Instinct 3, and Force Pro trolling motor. The company ended Q1 with approximately $3.9 billion in cash and marketable securities.

Garmin has launched Garmin Pilot Web, a new online flight planning platform that enhances its existing mobile app ecosystem. The web-based tool offers both free and premium features for pilots, focusing on comprehensive flight planning capabilities.

The free version includes high-resolution maps, charts, airport information, and weather overlays. Pilots can access various mapping options including topographic maps, satellite view, VFR sectionals, and IFR charts. The platform provides basic route planning with calculations for distance, fuel requirements, and estimated times.

Premium features for Garmin Pilot mobile app users in North America include:

• Advanced flight planning and filing
• Aircraft performance data integration
• Live internet traffic monitoring
• Customizable aircraft profiles
• Cross-platform synchronization

The service is currently available in North America, with plans for expansion to other regions. Users can access the platform at pilotweb.garmin.com.

Garmin (NYSE: GRMN) has unveiled the Instinct 3 - Tactical Edition, a new line of tactical smartwatches featuring AMOLED or solar-powered displays. The watches come in 45mm and 50mm sizes and include notable improvements such as a metal-reinforced bezel, built-in LED flashlight, and a new rucking activity tracker.

Key features include extended battery life (up to 24 days for AMOLED model), military-grade durability (MIL-STD 810), water resistance up to 100 meters, and tactical capabilities like Night Vision Goggle mode, Stealth Mode, and Kill Switch. The solar models boast five times better battery efficiency in GPS mode compared to Instinct 2 Solar.

The watches will be available from April 30, with the AMOLED model priced at $599.99 and solar charging models starting at $499.99. They include comprehensive health monitoring features, multi-band GPS with SatIQ technology, and various sports apps.

Garmin (NYSE: GRMN) has received the Best Supplier of the Year award from Embraer for the tenth consecutive year at their annual Suppliers Conference. The recognition was specifically for Garmin's G3000® Prodigy Touch flight deck systems in the Phenom 100EV and Phenom 300E aircraft, winning in the Electrical & Electronic Systems category.

The award marks Garmin's 17th top supplier honor from Embraer over the past 15 years across various categories including Technical Support, Electro-Mechanical Systems, Material Support, Services & Support, and Best of the Best. The recognition was announced during Embraer's annual Suppliers Conference held at their Eugênio de Melo facility on April 14-15, 2025.

Garmin (NYSE: GRMN) has unveiled the Varia Vue headlight camera, combining a 600-lumen headlight with a 4K front-facing camera. The device automatically saves footage if an incident is detected and can sync with the Varia RCT715 radar taillight camera for dual-angle recording.

Key features include:

• Electronic Image Stabilization for steady footage
• Five light modes with automatic adjustment based on speed and surroundings
• Wi-Fi connectivity for automatic upload to Garmin Vault
• Up to 7 hours battery life in day flash mode with camera recording
• Smart cutoff beam design to protect oncoming traffic's vision

The Varia Vue is priced at $549.99 and includes additional features such as a concealed microphone for audio recording, compatibility with Edge cycling computers, and the ability to operate while charging. The device requires a separate memory card for recording.

Garmin (NYSE: GRMN) has announced the launch of its proprietary Garmin Marathon Series, marking a significant shift from traditional race sponsorships to full event ownership and production. The inaugural series will debut in Fall 2025 with events in Toledo, Ohio (September 21) and Tucson, Arizona (November 15).

Each event will feature four USATF-certified race distances: a full marathon (Boston Marathon qualifier), half marathon, 10K, and 5K. The series will include a two-day expo showcasing Garmin products and technology, edition race gear, and meet-and-greets with Garmin-sponsored athletes. Post-race festivities will include a finish line festival with local food and live entertainment.

The locations were selected based on existing race schedules, running communities, cultural highlights, and weather conditions. Additional locations are planned for 2026.