Garmin Expands Collaboration with Qualcomm to Launch Nexus HPC Platform with 6X Computing Power
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 06 2026
0mins
Source: PRnewswire
- Deepened Technical Collaboration: Garmin expands its partnership with Qualcomm to launch the Nexus High-Performance Compute platform, leveraging the Snapdragon Elite platform to achieve a 6X increase in computing power, aimed at optimizing multi-domain integration in the automotive sector for enhanced overall efficiency.
- ADAS Feature Integration: The Nexus platform is set to be implemented starting in 2029, integrating Advanced Driver Assistance Systems (ADAS) features into a customizable, ASIL-compliant solution, thereby enhancing the intelligence level of vehicles.
- Market Positioning Advantage: By consolidating in-vehicle infotainment, instrument clusters, and ADAS into a single system, the Nexus platform not only improves user experience but also provides automakers with greater scalability and integration capabilities, boosting competitiveness in the future automotive market.
- Showcase and Promotion: The Nexus HPC platform will be showcased at CES 2026, further solidifying Garmin's leadership in automotive electronics while attracting attention and collaboration from more automobile manufacturers.
Get Free Real-Time Notifications for Any Stock
Monitor tickers like GRMN with instant alerts to capture every critical market movement.
Sign up for free to build your custom watchlist and receive professional-grade stock notifications.
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.
Barclays Downgrades HP (HPQ) to Underweight, Lowers Price Target to $18
- HP Rating Downgrade: Barclays downgraded HP from Equal Weight to Underweight and lowered the price target from $24 to $18, citing long-term challenges in both personal computers and printing, predicting continued stock pressure into 2026.
- Memory Cycle Impact: Analysts noted that the current memory cycle's intensity could materially pressure HP's PC business, although a short-term bump from customers securing known pricing may occur, long-term demand is expected to degrade.
- Garmin Rating Upgrade: Barclays upgraded Garmin from Underweight to Equal Weight, raising the price target from $208 to $217, as analysts are optimistic about Garmin's diversified business and strong performance in wearables, which is less susceptible to consumer contraction.
- Logitech Rating Downgrade: Barclays downgraded Logitech from Overweight to Equal Weight, reducing the price target from $134 to $98, expressing concerns over potential macro weakness in the North American market, which could hinder business growth due to inflationary pressures.
Continue Reading
Garmin Ltd. Schedules Q4 2025 Earnings Call for February 18, 2026
- Earnings Call Schedule: Garmin will hold its Q4 2025 earnings conference call on February 18, 2026, at 10:30 a.m. EST, ensuring timely financial updates for investors with the earnings release prior to market open.
- 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.
- Company Background: Garmin Ltd. focuses on providing innovative technology for athletes of all levels, demonstrating its leadership in the sports tech sector and commitment to continuous innovation aimed at enhancing performance and activity levels.
Continue Reading