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Garmin unveils Varia RearVue 820, its brightest and most powerful radar tail light for cyclists
Prnewswire· 2026-02-03 12:01
When riding with a compatible Edge cycling computer or when paired to the Varia smartphone app, cyclists will get visual and audible alerts as vehicles are approaching or changing lanes behind them, along with their threat level, which indicates if the approaching vehicle is a higher threat to the cyclist based on its speed or path of travel. And with new vehicle size detection, riders can get visual alerts about the size of approaching vehicles – small, medium and large – right from their Edge computer or ...
DAKT vs. GRMN: Which Stock Is the Better Value Option?
ZACKS· 2026-02-02 17:40
Core Viewpoint - Investors in the Electronics - Miscellaneous Products sector may find Daktronics (DAKT) and Garmin (GRMN) to be potential value investment opportunities, with DAKT currently appearing more attractive based on various valuation metrics [1]. Valuation Metrics - Daktronics has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, while Garmin has a Zacks Rank of 3 (Hold) [3]. - DAKT's forward P/E ratio is 20.31, compared to Garmin's 23.00, suggesting that DAKT may be undervalued relative to GRMN [5]. - The PEG ratio for DAKT is 0.68, indicating a favorable valuation when considering expected earnings growth, while GRMN's PEG ratio is significantly higher at 2.13 [5]. - DAKT's P/B ratio stands at 3.78, while GRMN's P/B ratio is 4.57, further supporting DAKT's position as a more attractive value option [6]. - Overall, DAKT has a Value grade of B, while GRMN has a Value grade of D, highlighting DAKT's superior valuation metrics and earnings outlook [6].
Garmin (GRMN) Stock Sinks As Market Gains: Here's Why
ZACKS· 2026-01-28 00:15
Company Performance - Garmin's stock closed at $204.80, down 1.02%, underperforming the S&P 500 which gained 0.41% [1] - Over the past month, Garmin's shares increased by 0.64%, while the Computer and Technology sector rose by 0.49% and the S&P 500 by 0.38% [1] Earnings Expectations - Garmin is set to release its earnings on February 18, 2026, with analysts expecting earnings of $2.39 per share, reflecting a year-over-year decline of 0.83% [2] - Quarterly revenue is projected at $2.01 billion, which represents a 10.43% increase from the previous year [2] Fiscal Year Projections - For the entire fiscal year, earnings are estimated at $8.2 per share, with revenue expected to be $7.13 billion, indicating a 10.96% increase in earnings but no change in revenue from the prior year [3] Analyst Estimates and Stock Price Correlation - Recent changes in analyst estimates for Garmin are indicative of short-term business trends, with positive revisions suggesting optimism about the company's profitability [3][4] Zacks Rank and Performance - Garmin currently holds a Zacks Rank of 3 (Hold), with the consensus EPS projection remaining unchanged over the past 30 days [5] - The Zacks Rank system has a strong track record, with 1 rated stocks delivering an average annual return of +25% since 1988 [5] Valuation Metrics - Garmin has a Forward P/E ratio of 23.6, which is lower than the industry's Forward P/E of 24.98, indicating a valuation discount [6] - The company has a PEG ratio of 2.19, compared to the industry average PEG ratio of 1.83 [7] Industry Context - Garmin operates within the Electronics - Miscellaneous Products industry, which is part of the Computer and Technology sector, currently ranked 78 in the Zacks Industry Rank, placing it in the top 32% of over 250 industries [8]
Barclays Turns More Constructive on Garmin (GRMN) as Valuation Looks Undemanding
Yahoo Finance· 2026-01-26 21:17
Core Viewpoint - Garmin Ltd. is recognized as a promising investment opportunity, particularly due to its diversified business lines and steady growth in the wearables sector, which benefits from positive trends in wellness [2]. Group 1: Company Overview - Garmin Ltd. is a Switzerland-based company known for its GPS navigation products, wearables, and wireless devices, catering to various markets including automotive, fitness, aviation, marine, and outdoor [5]. Group 2: Recent Developments - Barclays upgraded Garmin to Equal Weight from Underweight and raised its price target to $217 from $208, citing an "undemanding" valuation and positive momentum in wearables [2]. - Garmin and Meta introduced a new automotive OEM proof-of-concept at CES 2026, which integrates Meta's Neural Band technology with Garmin's Unified Cabin platform, allowing passengers to control infotainment features through hand gestures [3][4]. Group 3: Technology Innovation - The Neural Band developed by Meta utilizes electromyography (EMG) technology to read neural signals from wrist muscles, translating them into digital commands for a more intuitive interaction with devices [4]. - This innovation aims to enhance the in-car experience by moving beyond traditional touchscreens, focusing on passenger comfort and ease of use [3].
Garmin’s Q4 2025 Earnings: What to Expect
Yahoo Finance· 2026-01-22 15:16
Core Insights - Garmin Ltd. is valued at a market cap of $39.3 billion and is set to announce its fiscal Q4 earnings for 2025 on February 18, 2025 [1] Financial Performance - Analysts expect Garmin to report a profit of $2.39 per share for Q4 2025, a slight decrease from $2.41 per share in the same quarter last year [2] - For the current fiscal year ending in December, Garmin is projected to report a profit of $8.20 per share, reflecting an 11% increase from $7.39 per share in fiscal 2024 [3] - Garmin's EPS is anticipated to grow by 7% year-over-year to $8.77 in fiscal 2026 [3] Stock Performance - Over the past 52 weeks, Garmin's stock has declined by 6.1%, underperforming the S&P 500 Index's return of 13.7% and the State Street Technology Select Sector SPDR ETF's increase of 20.7% [4] - Following the release of mixed Q3 earnings results, Garmin's shares fell by 11.5%. The adjusted EPS of $1.99 was flat year-over-year but exceeded analyst estimates by a penny. However, the overall revenue of $1.8 billion, which increased by 11.7% year-over-year, fell short of Wall Street estimates by 1.1% [5] Analyst Ratings - Wall Street analysts maintain a cautious stance on Garmin's stock, with an overall "Hold" rating. Among eight analysts, two recommend "Strong Buy," four suggest "Hold," one advises "Moderate Sell," and one indicates a "Strong Sell" [6] - The average price target for Garmin is $234.50, suggesting a potential upside of 14.1% from current levels [6]
Garmin tees up Approach J1, the first GPS watch specifically designed for junior golfers
Prnewswire· 2026-01-20 11:59
Core Insights - Garmin has launched the Approach® J1, a GPS golf watch specifically designed for youth golfers to enhance their learning and performance on the course [1][3]. Product Features - The Approach J1 features a slim and lightweight design, ensuring it does not hinder a golfer's swing, and is available in cloud blue or lilac with a ComfortFit fabric strap for smaller wrists [1][6]. - Key features include tee-off guidance, personal par settings, and a pace-of-play timer, aimed at helping young golfers understand the game better [1][8]. - The watch has a bright 1.2-inch AMOLED touchscreen display and is water-resistant, allowing use in light rain and wind, with a battery life of up to 15 hours in GPS mode [6][8]. Market Positioning - The Approach J1 is priced at a suggested retail price of $299.99 and is currently available for purchase [7]. - The product is showcased at the PGA Show in Orlando, Florida, indicating its strategic positioning within the golf industry [7]. Expert Endorsements - Industry professionals, such as Courtney Mahon, have endorsed the Approach J1, highlighting its role in teaching distance awareness and on-course efficiency to junior golfers [5]. - Susan Lyman, Garmin's Vice President of Consumer Sales and Marketing, emphasized the watch's potential to help junior golfers learn faster and play smarter, thereby improving their overall game strategy [3].
Introducing the Approach G82, the ultimate warmup tool with Garmin's largest golf handheld display and new putting metrics
Prnewswire· 2026-01-20 11:59
Core Insights - Garmin has launched the Approach G82, a portable launch monitor and GPS handheld device designed to enhance golfers' performance with advanced metrics and features [1][3][6] Product Features - The Approach G82 features a 5-inch color touchscreen and provides access to over 43,000 preloaded golf courses, enhancing user experience with detailed course information [1][6] - It includes a built-in launch monitor that tracks essential metrics such as ball speed, club speed, smash factor, and tempo, allowing golfers to make swing adjustments [4] - The device introduces putting metrics, which are unique for handheld devices, helping golfers improve their putting consistency by measuring stroke length, tempo, and speed [4][5] - Additional features include bag mapping for evaluating club performance, target practice settings, and tempo training to enhance swing consistency [4][5] Connectivity and Integration - The Approach G82 can be paired with the Garmin Golf app for enhanced features, including aerial imagery of courses and automatic shot detection when used with compatible sensors [5][12] - It offers a virtual caddie feature that provides club recommendations based on recorded swing data and environmental conditions [5] Durability and Battery Life - The device is designed to withstand various weather conditions with an IPX7 water rating and offers up to 25 hours of battery life in GPS mode and 8 hours in radar mode [6] Pricing and Availability - The suggested retail price for the Approach G82 is $599.99, and it will be showcased at the PGA Show in Orlando, Florida [6]
Garmin unveils revolutionary Xero L60i laser rangefinder with superior optics, GPS and onboard mapping technology
Prnewswire· 2026-01-20 11:57
Core Viewpoint - Garmin has launched the Xero L60i, a GNSS-enabled laser rangefinder that integrates advanced optics and technology for an enhanced outdoor experience, targeting hunters, wildlife enthusiasts, and researchers [1][3]. Product Features - The Xero L60i features premium optics with fully multicoated, low-dispersion glass, providing sharp visuals and superior light transmission [4]. - It offers long-distance ranging capabilities, allowing users to range animals up to 2,775 meters and trees up to 3,600 meters, with optimal conditions enabling ranges of up to 7,000 meters [5]. - The device includes onboard mapping and navigation features, such as Laser Locate and Sensor Locate, which help users navigate to marked waypoints [7]. Technological Integration - The Xero L60i incorporates smart integration with the Garmin Explore App, allowing waypoints to be shared with compatible devices [7]. - It features an Applied Ballistics Ultralight solver accessible via the AB Quantum app, providing ballistic solutions for both short- and long-range shooting [8]. Durability and Pricing - The product is designed for harsh outdoor conditions, boasting an IPX7 water-resistance rating and powered by two AAA lithium batteries [9]. - The retail price for the Xero L60i is set at $2,499.99 [9].
Garmin Ltd. (NYSE:GRMN) Price Target and Earnings Call Overview
Financial Modeling Prep· 2026-01-16 17:11
Group 1 - Garmin Ltd. is a prominent company in GPS technology and wearable devices, with a current stock price of $212.60, reflecting a slight increase of $1.08 or 0.51% [1][3] - Barclays has set a price target of $217 for Garmin, indicating a potential increase of about 2.07% from the current price, showcasing a positive outlook on the stock [1][5] - Garmin's stock has experienced significant market volatility, with a yearly high of $261.69 and a low of $169.26 [3][5] Group 2 - Garmin has scheduled its fourth quarter 2025 earnings conference call for February 18, 2026, which will provide investors with insights into the company's financial performance [2][5] - The company's market capitalization is approximately $40.9 billion, indicating its substantial presence in the market [4] - The trading volume for Garmin's stock today is 611,612 shares on the NYSE, reflecting active investor interest [4]
Most Delivered Light-Entry Jet Cessna Citation M2 Gen2 With Garmin Autothrottles Enters Into Service, Bringing Greater Control and Precision to Pilots
Businesswire· 2026-01-14 19:30
Core Insights - The Cessna Citation M2 Gen2 with Garmin Autothrottles has recently entered into service, enhancing its operational capabilities [1] - The aircraft was certified by the Federal Aviation Administration in October 2025, indicating regulatory approval for its new features [1] - The integration of Garmin's Autothrottle system provides greater control and precision for pilots, reinforcing the Citation M2 Gen2's position as the most delivered light-entry jet [1] Company Overview - The Cessna Citation M2 Gen2 is designed and manufactured by Textron Aviation Inc., a subsidiary of Textron Inc. [1] - Textron Inc. is publicly traded on the New York Stock Exchange under the ticker symbol TXT [1]