Latest news with #TacxAlpine
Yahoo
4 days ago
- Business
- Yahoo
Garmin to Report Q2 Earnings: What's in the Cards for the Stock?
Garmin GRMN is scheduled to report second-quarter 2025 results on July 30, before market open. The Zacks Consensus Estimate for Garmin's second-quarter 2025 earnings is pegged at $1.96 per share, implying a year-over-year increase of 24%. Garmin's earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters while missing the same on one occasion, the average surprise being 17.74%. The Zacks Consensus Estimate for Garmin's second-quarter 2025 revenues is pegged at $1.74 billion, indicating year-over-year growth of 15.35%. Let's see how things have shaped up for this announcement. Garmin Ltd. Price and EPS Surprise Garmin Ltd. price-eps-surprise | Garmin Ltd. Quote Key Factors to Note for Garmin's Results Garmin's widening portfolio is expected to have been the key growth driver for its top-line performance in the second quarter of 2025. In the fitness segment, strong demand for advanced wearables and its robust lineup of recently introduced wellness products like HRM 600, Tacx Alpine, Index Sleep Monitor, Edge MTB mountain bike computer, Venu X1, Forerunner 570 and Forerunner 970 is expected to have aided its revenue growth in the quarter under review. Furthermore, Garmin's collaboration with Zwift and Google Maps to introduce new features across its product line is likely to have aided in enhancing the traction for its products, aiding top-line growth in the to-be-reported quarter. The Zacks Consensus Estimate for revenues in the Fitness segment is pegged at $482.5 million, indicating 12.6% year-over-year growth. Strong momentum across its wearables offerings and inReach SOS service, Garmin Response, is expected to have positively impacted the Outdoor segment's performance . Latest launches, including the Tread 2 all-terrain navigator, Descent S1 Smart Buoy and the introduction of several features across its wearables like fenix 8, Forerunner, Instinct 3, Lily 2 Active, Venu 3, are likely to have brought in more customers, driving revenues further. The consensus estimate for Outdoor revenues is pegged at $469.1 million, indicating growth of 6.6% year over year. Strength in the Marine segment, driven by its JL Audio business and its robust portfolio of newly launched products like Force Current kayak trolling motor, ECHOMAP Ultra 2 series, Force Kraken series and quatix 8 mariner watch, is likely to have boosted the company's performance in the to-be-reported quarter. Moreover, the acquisition of Lumishore, a provider of marine LED lighting, is expected to have added market share and also contributed to GRMN's top line. The consensus estimate for Marine revenues is pinned at $340.4 million, up 24.7% from the figure reported in the year-ago quarter. Growing momentum across OEM equipment categories, driven by increased demand in private air travel, is expected to have bolstered the Aviation segment's performance. Latest launches like 12.1-inch TXi touchscreen flight display, automated PlaneSync service, Cirrus Perspective+ upgrade, Garmin GFC 600H flight control system for Airbus H130 helicopters, G5000 PRIME integrated flight deck, SmartCharts, Cirrus SR Series G7+, upgrades to its portfolio and new certifications are expected to have bolstered the Aviation segment's performance. The consensus mark for Aviation revenues is pegged at $245.8 million, indicating year-over-year growth of 12.6%. The company's expanding market share and customer base for domain controllers, owing to its increased shipments to BMW, are likely to have boosted Auto OEM revenues during the second quarter. The consensus mark for Auto OEM revenues is pegged at $185.5 million, indicating 26% year-over-year growth. What Our Model Says Our proven model does not conclusively predict an earnings beat for Garmin this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. However, that's not the case here. GRMN has an Earnings ESP of -1.02% and a Zacks Rank of 3 at present. You can uncover the best stocks before they're reported with our Earnings ESP Filter. Stocks With the Favorable Combination Here are some companies worth considering, as our model shows that these have the right combination of elements to beat on earnings in their upcoming releases: Lam Research LRCX, Sensata Technologies ST and Electronic Arts EA are some stocks with the favorable combination. Lam Research has an Earnings ESP of +1.87% and carries a Zacks Rank of 2 at present. Lam Research is slated to report its fourth-quarter fiscal 2025 results on July 30. You can see the complete list of today's Zacks #1 Rank stocks here. Sensata Technologies has an Earnings ESP of +1.45% and a Zacks Rank of 2 at present. Sensata Technologies is set to report its second-quarter 2025 results on July 29. Electronic Arts has an Earnings ESP of +53.06% and a Zacks Rank of 2 at present. Electronic Arts is set to report its second-quarter 2025 results on July 29. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Garmin Ltd. (GRMN) : Free Stock Analysis Report Lam Research Corporation (LRCX) : Free Stock Analysis Report Sensata Technologies Holding N.V. (ST) : Free Stock Analysis Report Electronic Arts Inc. (EA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
24-06-2025
- Automotive
- Yahoo
Bring your cycling climbs inside with the Tacx Alpine from Garmin
Gradient simulator raises the bar on indoor cycling by replicating climbs and creating a fully immersive riding experience OLATHE, Kan., June 24, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced Tacx® Alpine, a gradient simulator that raises and lowers the front of a bike during an indoor ride to replicate climbs and provide more natural movement. Featuring an exclusive design that accommodates the motion of Tacx NEO 2T and 3M smart trainers, Tacx Alpine builds upon that powerful, immersive ride experience by mimicking grades from up to 25% and down to -10% and enabling steering1 to create a more realistic ride for cyclists as they virtually explore and train indoors. "We are excited to add the Tacx Alpine to our lineup of premium training tools to create an ultimate indoor cycling experience unlike any other. This new gradient simulator helps bring real elevation changes to life and complements the motion of our powerful NEO 2T and 3M smart trainers to add a whole new level of immersion and realism to any ride. And when riding life-like videos from some of the most beautiful routes and locations in the world through the Tacx Training™ App, the full Tacx suite makes cyclists feel like they're actually there."—Susan Lyman, Garmin Vice President of Consumer Sales and Marketing Elevate your training Replicate grades from up to 25% and down to -10% for more natural movement. Make steering more fun with a dynamic fork mount that provides virtual, real-time steering—just by rotating the handlebars1. Experience more natural, smooth and responsive movements thanks to a built-in motion base. A stable design makes for a quiet and comfortable ride so it's easier to come out of the saddle when tackling climbs or remain seated when descending. Seamlessly integrate with the Tacx Training App on a compatible smart device to complete training plan workouts, participate in virtual GroupRides, take part in training rides with WorldTour pros and experience immersive videos from some of the most beautiful routes and locations around the world2. Manually adjust grade using the built-in control panel or receive real-time, automatic grade changes when paired with compatible apps. After a ride, view performance data, training effectiveness and more in greater detail through the Garmin Connect™ app. Tacx Alpine is available now and has a suggested retail price of $1,099.99. Visit our website to learn more about Tacx Alpine, plus the compatible Tacx NEO 2T and 3M smart trainers, and how they can help create the ultimate indoor cycling experience. Engineered on the inside for life on the outside, Garmin products have revolutionized life for runners, cyclists, swimmers and athletes of all levels and abilities. Committed to developing technology that helps people stay active and elevate performance, Garmin believes every day is an opportunity to innovate and a chance to beat yesterday. Visit the Garmin Newsroom, email our media team, connect with @garmincycling on social, or follow our blog. 1 When paired with compatible apps2 Some features require a Tacx Premium or Premium HD subscription About Garmin International, Inc. Garmin International, Inc. is a subsidiary of Garmin Ltd. (NYSE: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin and Tacx are registered trademarks and Tacx Training and Garmin Connect are trademarks of Garmin Ltd. or its subsidiaries. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved. Notice on Forward-Looking Statements:This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 28, 2024, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983), and the Quarterly Report on Form 10-Q for the quarter ended March 29, 2025 filed by Garmin with the Securities and Exchange Commission (Commission file number 001-41118). Copies of such Form 10-K and Form 10-Q are available at No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. MEDIA CONTACTS:Stephanie Kelner and Natalie View original content to download multimedia: SOURCE Garmin International, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Engadget
24-06-2025
- Automotive
- Engadget
The Tacx Alpine is a $1,100 gradient simulator for your Garmin smart bike trainer
Cycling season may have only just started, but that's not stopping Garmin from looking ahead to when all the roadies need to take their bikes indoors. On Tuesday, the company announced the Tacx Alpine, an indoor gradient simulator for its family of NEO smart trainers. The accessory can replicate inclines of up to 25 percent and declines of up to -10 percent, with adjustments made either manually through a built-in control panel or automatically when using the device with a compatible apps like Zwift and Garmin's own Tacx Training software. In those same apps, the Tacx Alpine also allows for real-time virtual steering adjustments. Naturally, Garmin Connect support is also included for stat tracking and more. In short, the Tacx Alpine is designed for those who want spice up their off-season training since pedaling a road bike on an indoor trainer is about the most boring thing ever. Garmin says mounting the front of your bike is easy. Inside the box, you'll find adapters for both quick release skewers (9 x 100), and thru axles (12 x 100, 15 x 100 and 15 x 110), so the Tacx Alpine will work with most modern road bikes. However, trainer compatibility is limited to Garmin's NEO 2T and Neo 3M models. Those cost $1,400 and $2,000 new respectively, and the accessory itself will set you back $1,100, with Garmin not planning to offer bundles at launch. That might seem like a lot to pay for an accessory designed to make your indoor rides less monotonous, but it's broadly comparable with the rest of the industry. Wahoo, for instance, sells its Kickr Climb simulator for $750, but it doesn't come with a steering feature. Meanwhile, the Elite Rizer, which offers both steering and gradient simulation, costs $1,000. Either way, if you're looking at one of these, chances are you already spent a pretty penny on a fancy carbon road bike and the thought of dropping another $1,000 on your hobby doesn't phase you. If you buy something through a link in this article, we may earn commission.
