I bought the Watch 44 for my wife and the 47 for myself. Neither of them show the incoming caller’s name when a cell call is received. Only the telephone number, which is not very helpful. Both the 44 and 47 show the contact name for incoming text messages but not for incoming telephone calls. Note that the caller’s name is in the contacts on my phone. Would be interested to hear from other 44/47 owners as to whether caller name shows for them.
My wife and I both have Pixel 4XL phones running Android 11.