Accessibility StatementSkip Navigation Stay connected with two-way calling, text messaging and real-time location tracking –Â all with a new stylish design and added fitness activities OLATHE, Kan., Sept. 17, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced Bounce 2, its reimagined smartwatch for kids with LTE connectivity that makes staying in touch even easier. Bounce 2 allows parents and caregivers to talk to and locate their child thanks to two-way calling, text messaging and real-time location ...

Accessibility StatementSkip Navigation Blend function and style with illuminated analog watch hands for clear visibility – day and night OLATHE, Kan., Sept. 17, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced Instinct Crossover AMOLED, its newest lineup of hybrid smartwatches designed to offer superior readability and timeless style in even the toughest conditions. Featuring mechanical watch hands, the vivid AMOLED display showcases 24/7 health and wellness data, activities and more in stunning de ...

Accessibility StatementSkip Navigation Advanced health and fitness smartwatch tracks health trends and lifestyle changes, introduces Garmin Fitness Coach plans to help users hold themselves accountable—all with impressive battery life OLATHE, Kan., Sept. 17, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced Venu 4, the latest smartwatch in the award-winning Venu lineup with innovative new health, fitness and accessibility features. To help users understand their body better and make healthier decisi ...

Group 1: Enterprise SSD Market - The revenue of the top five enterprise SSD brands reached over $5.1 billion in Q2 2025, showing a quarter-over-quarter increase of 12.7% [2][3] - Samsung led the market with a revenue of $1,899 million, holding a market share of 34.6%, although it experienced a slight increase of 0.5% compared to the previous quarter [3] - SK Group (SK hynix + Solidigm) saw significant growth with a revenue increase of 47.1%, reaching $1,461.7 million and capturing a market share of 26.7% [3] Group 2: Smartphone Production - Global smartphone production reached 300 million units in Q2 2025, reflecting a quarter-over-quarter increase of approximately 4% and a year-over-year increase of 4.8% [4][5] - Oppo and Transsion brands contributed to the recovery in production after inventory adjustments, indicating a positive trend in the market despite ongoing economic challenges [4] Group 3: Micro LED Technology - The penetration of Micro LED technology in consumer electronics is accelerating, with significant products like the Garmin Fenix 8 Pro smartwatch expected to adopt this technology by 2025 [7] - The Micro LED chip market is projected to grow to $461 million by 2029, driven by the introduction of key products in various sectors [7] Group 4: Electric Vehicle Inverter Market - The global installation of electric vehicle traction inverters reached 7.66 million units in Q2 2025, marking a year-over-year increase of 19% [10] - Battery Electric Vehicles (BEVs) accounted for 52% of the installed inverters, surpassing hybrid vehicles for the second consecutive quarter [10]

Company Performance - Garmin's stock closed at $235.96, reflecting a -1.06% change from the previous day's closing price, underperforming the S&P 500's daily gain of 0.3% [1] - Over the past month, Garmin's stock has increased by 2.38%, which is below the Computer and Technology sector's gain of 3.1% but above the S&P 500's gain of 2.09% [1] Upcoming Earnings - Analysts expect Garmin to report earnings of $1.98 per share, indicating a year-over-year decline of 0.5% [2] - The consensus estimate for Garmin's revenue is $1.78 billion, representing a 12.35% increase compared to the same quarter last year [2] Annual Forecast - The Zacks Consensus Estimates project Garmin's earnings for the year to be $8.07 per share and revenue to be $7.05 billion, reflecting changes of +9.2% and +11.9% respectively compared to the previous year [3] Analyst Estimates - Recent modifications to analyst estimates for Garmin suggest a favorable outlook on the company's business health and profitability [4] - Changes in estimates are believed to have a direct relationship with upcoming stock price performance [5] Zacks Rank and Valuation - Garmin currently holds a Zacks Rank of 2 (Buy), with a Forward P/E ratio of 29.57, which is a premium compared to the industry average Forward P/E of 18.88 [6] - The company has a PEG ratio of 2.65, compared to the Electronics - Miscellaneous Products industry's average PEG ratio of 1.92 [7] Industry Context - The Electronics - Miscellaneous Products industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 85, placing it in the top 35% of all industries [8]

After years of incremental refreshes, Apple Inc.’s iPhone lineup feels exciting again. The company introduced four new phone models on Tuesday: the basic iPhone 17, the superthin Air, the high-end 17 Pro and the supersized 17 Pro Max. All of them include Apple’s latest in-house silicon, more advanced cameras and tougher outer glass. For consumers who try to delay iPhone upgrades until they can buy a new edition that looks meaningfully different, this could be the year — especially now that Apple has confirm ...

Accessibility StatementSkip Navigation Plan, prepare and perform with advanced training features, custom nutrition and hydration alerts and more OLATHE, Kan., Sept. 9, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced the Edge 550 and 850, advanced and compact cycling computers built to help riders better prepare and train for an event or goal. By tracking their progress through adaptive Garmin Cycling Coach plans, cyclists can feel their best going into race day. When in-ride, smart fueling alerts o ...

Accessibility StatementSkip Navigation New pedal-based power meters boast even more versatility, responsiveness and all-new design OLATHE, Kan., Sept. 9, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced the Rally 110 and 210 power meters – its newest pedal-based power meters designed to give cyclists accurate power data and performance tracking, no matter the terrain. The single- and dual-sensing power meters can be easily swapped between road and off-road pedal bodies and from bike to bike, while t ...

Core Viewpoint - The upcoming release of Garmin's Fenix 8 Pro and Fenix 8 Pro Micro LED smartwatches is expected to drive advancements in Micro LED technology, positioning it as a strong competitor to AMOLED in the smartwatch market [4][10][15]. Summary by Sections Product Launch and Features - Garmin is set to launch the Fenix 8 Pro Micro LED smartwatch, which is anticipated to be the brightest smartwatch available, with a larger 51mm version expected to be priced above $1200, potentially nearing $2000 [4][6][10]. Micro LED Technology Advantages - Micro LED technology offers significant advantages over AMOLED, including higher brightness, lower power consumption, and improved resolution and contrast, addressing the limitations of AMOLED such as visibility in bright outdoor conditions and screen burn-in risks [10][11]. Industry Development and Challenges - Despite the promising features of Micro LED, the development of Micro LED smartwatches has faced challenges. Apple previously invested heavily in Micro LED technology for its Apple Watch but suspended the project due to high production costs and technical difficulties [11][15]. - Other brands, like TAG Heuer, are exploring Micro LED for luxury experiences, with production expected to begin in 2024 [11][12]. Supply Chain and Production - The upstream panel industry is actively working on Micro LED technology, with AU Optronics set to mass-produce Micro LED panels by the end of 2023. Samsung Display has also made advancements, increasing the brightness of Micro LED screens to 6000 nits [12][13]. - Companies like Rara Technology and Innolux are developing Micro LED panels with high resolution and energy efficiency, indicating a growing interest in this technology [13][12]. Market Outlook - The Micro LED smartwatch market is still in its early stages, but there is optimism for growth as brands begin to adopt this technology in high-end products, potentially leading to broader market acceptance and technological advancements [15].

Core Viewpoint - Garmin (GRMN) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on changes in earnings estimates, which are closely correlated with stock price movements, particularly due to institutional investors' reliance on these estimates for valuation [4][6]. - An increase in earnings estimates typically leads to higher fair value calculations for stocks, prompting institutional investors to buy or sell, thus affecting stock prices [4]. Garmin's Earnings Outlook - Garmin's rising earnings estimates and the Zacks Rank upgrade suggest an improvement in the company's underlying business, likely leading to increased stock prices [5][10]. - The Zacks Consensus Estimate for Garmin indicates expected earnings of $8.07 per share for the fiscal year ending December 2025, with a 2.8% increase in estimates over the past three months [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [7]. - Garmin's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting a strong potential for market-beating returns in the near term [10].