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Garmin Launches SmartDrive Autopilot System
Garmin announced SmartDrive, an autopilot system that leverages a brushless linear actuator, built-in ECU and a rudder feedback sensor for improved durability and long-term reliability. Designed for sailboats and catamarans up to 45 feet, the Reactor 40 Corepack with SmartDrive provides top-tier autopilot performance with up to 1,050 pounds of maximum thrust, helping maintain steady rudder control to help captains stay on course.
Garmin Stock Rises 17% to $296.69
Garmin is up 17.0%, or $43.04 to $296.69.
Garmin Stock Rises 16.3% to $295.00
Garmin is up 16.3%, or $41.35 to $295.00.
Garmin and Others Notable Gainers in Liquid Options This Morning
Notable gainers among liquid option names this morning include Garmin (GRMN) $293.58 +39.93, GE Hlthcare Tech Inc (GEHC) $71.07 +6.96, Teradyne (TER) $348.38 +27.73, Ford (F) $16.12 +1.16, and Amphenol (APH) $153.96 +10.11.
Raises FY26 Revenue View to $8.05B
Raises FY26 revenue view to $8.05B from about $7.9B, consensus $7.99B. Cites performance during the first half of 2026 and positive outlook for the remainder of the year.
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