$GRMN

Garmin acquired Applied Ballistics, a software company specializing in precision-aiming solutions, for undisclosed terms. The deal includes the Applied Ballistics Quantum app and expands Garmin's offerings in tactical, shooting, and hunting markets. Garmin's co-COO Brad Trenkle stated the acquisition complements their product portfolio and accelerates innovation.

Garmin (GRMN) shares rose 16.2% after Q2 earnings beat estimates, with adjusted EPS of $2.81 and revenue of $2B. The company expects full-year adjusted EPS of $10 and revenue of $8.1B. Analysts have a 'Moderate Buy' rating and a mean price target of $292.57, implying 3.5% upside.

Apple's upcoming Watch Series 12 and Ultra 4 will introduce a 'Readiness' feature, similar to competitors like Fitbit and Garmin, which provides a score based on health metrics. The feature uses improved heart rate sensing and algorithms to assess users' daily preparedness. The author, a tech journalist, expresses disappointment that the feature is not coming to the Series 11.

Garmin's upcoming CIRQA Smart Band Pro may feature two buttons, a speaker, and new health sensors. The Pro could include emotional stress tracking or an upgraded Elevate Gen 5 sensor with ECG. Garmin filed for regulatory approval in Indonesia on September 10, suggesting a potential launch before Christmas. The standard band is priced at $199.99, with the Pro likely costing $249 to $299.

Garmin has launched a redesigned Drive GPS with ultra-wide displays (7.1-inch and 8.8-inch) and enhanced features. It includes EV routing, live traffic, voice controls, and optional Truck and Camper Pack for $149.99. Prices start at $299.99. The device aims to provide more information without increasing size, catering to drivers with older vehicles.

Garmin filed a patent for a smart ring with advanced biometric tracking, including sleep, heart rate, stress, and recovery metrics. The device would use multiple sensors and a hybrid processing approach, balancing local and cloud analysis. It aims to integrate with Garmin’s existing ecosystem, offering detailed health insights while managing power consumption and data privacy. The patent suggests serious consideration of a commercial product, though no release date is specified.

Global smartwatch shipments fell 4% in Q2 2026, per Counterpoint Research. Huawei led with 22% market share, while Apple grew 14%. Imoo, Xiaomi, and Garmin showed mixed results. Industry growth is projected at 1% for 2026 and 3% CAGR through 2030.

Garmin may be developing a smart ring, the CIRQA, after regulatory filings surfaced in multiple countries. The company previously denied plans for a smart ring, but recent filings suggest a change. Garmin already sells a CIRQA Smart Band, and a ring would likely extend that lineup. Competitors like Oura and Samsung have popularized smart rings, with Garmin's potential offering expected to be priced between $199 and $249.

Garmin filed for certification of 10 unannounced products in Brazil, likely variants of a smart ring, according to Gadgets and Wearables. The products have similar model numbers and may represent different sizes. Garmin recently entered the screenless fitness tracker market with the CIRQA Smart Band.

Garmin launched the Fenix 9 and Fenix 9 Pro smartwatches, priced at $999.99 and $1099.99 respectively. The Pro model features a titanium case, inReach connectivity, and optional solar display for extended battery life. Both models offer rugged designs and health tracking, with the Pro adding a green LED light mode. The choice depends on user needs and budget.