Garmin Expands Automotive Tech Collaboration with Qualcomm, Launches Nexus Platform
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 06 2026
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Garmin (GRMN) at CES 2026 announced the expansion of its automotive technology collaboration with the addition of the Nexus automotive-grade compute platform. Powered by Qualcomm's (QCOM) Snapdragon Elite Platform for automotive, Nexus is designed to consolidate multiple vehicle domains such as in-vehicle infotainment, instrument clusters and/or Advanced Driver Assistance Systems - into a single system. Targeting programs starting in 2029, Nexus includes ADAS features enabled by Snapdragon Elite.
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Analyst Views on GRMN
Wall Street analysts forecast GRMN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GRMN is 229.60 USD with a low forecast of 185.00 USD and a high forecast of 310.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
2 Buy
2 Hold
3 Sell
Hold
Current: 204.480
Low
185.00
Averages
229.60
High
310.00
Current: 204.480
Low
185.00
Averages
229.60
High
310.00
About GRMN
Garmin Ltd. (Garmin) is a Switzerland-based entity. The Company and its subsidiaries offer global positioning system (GPS) navigation and wireless devices and applications. The Company operates through five segments: fitness, outdoor, aviation, marine and auto. It offers a range of auto navigation products, as well as a range of products and applications designed for the mobile GPS market. It offers Outdoor Handhelds, Wearable Devices, Golf Devices, and Dog Tracking and Training/Pet Obedience Devices. Garmin offers various products designed for use in fitness and activity tracking. Company’s aviation business segment is a provider of solutions to aircraft manufacturers, existing aircraft owners and operators, as well as military and government customers and serves a range of aircraft, including transport aircraft, business aviation, general aviation, experimental/light sport, helicopters, optionally piloted vehicles, and unmanned aerial vehicles. Company operates worldwide.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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Garmin Ltd. Schedules Q4 2025 Earnings Call for February 18, 2026
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- Online Registration Access: Investors can register online to receive dial-in information and conference ID, enhancing transparency and participation for stakeholders in the financial discussion.
- Webcast Availability: The conference call will be live-streamed on Garmin's investor relations website, with an archive available for one year post-event, allowing investors who missed the live session to catch up on key insights.
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