Trimble (TRMB) Stock Overview
Offers technology solutions and platform that enable office professionals and field workers to connect workflows and industry lifecycles in North America, Europe, the Asia Pacific, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
TRMB Community Fair Values
Create NarrativeSee what 34 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Software opportunity
JO
Fair Value from
US$6.8569.3% undervalued intrinsic discount
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Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$60.80 |
| 52 Week High | US$87.50 |
| 52 Week Low | US$59.85 |
| Beta | 1.45 |
| 1 Month Change | -6.13% |
| 3 Month Change | -9.16% |
| 1 Year Change | -10.75% |
| 3 Year Change | 30.08% |
| 5 Year Change | -20.33% |
| Change since IPO | 3,416.15% |
Recent News & Updates
Analysis Article • May 08
The Trimble Inc. (NASDAQ:TRMB) First-Quarter Results Are Out And Analysts Have Published New Forecasts
As you might know, Trimble Inc. ( NASDAQ:TRMB ) just kicked off its latest first-quarter results with some very strong...Seeking Alpha • Apr 29
Trimble - Finding Its Course To Fair Value
Summary Trimble (TRMB) shares have declined 20% despite solid operating momentum and improved earnings power, now trading at a realistic 22x earnings. Recurring revenues have risen to 65% of sales, with non-GAAP margins improving to 28%, reflecting a successful business model transition. AI disruption fears linger, but Trimble is advancing its AI strategy, notably with the Document Crunch acquisition targeting construction-specific document analysis. I remain cautiously upbeat, balancing compelling valuation improvements against premium multiples and uncertainty around 2026 performance and further share price movement. Read the full article on Seeking Alpha
Narrative Update • Apr 29
TRMB: Industrial Automation And Buybacks Will Support Future Repricing Potential
Analysts have adjusted the Trimble price target modestly, with recent changes including a $5 reduction at one firm and a $2 increase at another. These revisions reflect updated assumptions around discount rate, profit margin and future P/E, while keeping fair value broadly in line at about $90.58.Recent updates
Analysis Article • May 08
The Trimble Inc. (NASDAQ:TRMB) First-Quarter Results Are Out And Analysts Have Published New Forecasts
As you might know, Trimble Inc. ( NASDAQ:TRMB ) just kicked off its latest first-quarter results with some very strong...Seeking Alpha • Apr 29
Trimble - Finding Its Course To Fair Value
Summary Trimble (TRMB) shares have declined 20% despite solid operating momentum and improved earnings power, now trading at a realistic 22x earnings. Recurring revenues have risen to 65% of sales, with non-GAAP margins improving to 28%, reflecting a successful business model transition. AI disruption fears linger, but Trimble is advancing its AI strategy, notably with the Document Crunch acquisition targeting construction-specific document analysis. I remain cautiously upbeat, balancing compelling valuation improvements against premium multiples and uncertainty around 2026 performance and further share price movement. Read the full article on Seeking AlphaNarrative Update • Apr 29
TRMB: Industrial Automation And Buybacks Will Support Future Repricing Potential
Analysts have adjusted the Trimble price target modestly, with recent changes including a $5 reduction at one firm and a $2 increase at another. These revisions reflect updated assumptions around discount rate, profit margin and future P/E, while keeping fair value broadly in line at about $90.58.Narrative Update • Apr 14
TRMB: Industrial Automation And Buybacks Will Drive Future Repricing Potential
Narrative update on Trimble The analyst price target for Trimble has edged down by about $0.42 to roughly $90.58, as analysts balance recent target cuts from Baird and JPMorgan against a target increase from Barclays and slightly adjusted assumptions for discount rate, revenue growth, profit margin, and future P/E. Analyst Commentary Recent research on Trimble shows a mix of optimism and caution, with one firm lifting its target to US$103 while others trimmed theirs, including a US$10 cut from JPMorgan.Narrative Update • Mar 31
TRMB: Industrial Automation And Buybacks Will Support Future Repricing
Analysts have made only modest adjustments to their $91.00 fair value estimate for Trimble. Recent price target raises and cuts, including moves in the $100 to $103 range, reflect updated views on the company’s positioning within industrial technology and its related end markets.Narrative Update • Mar 17
TRMB: Automation End Markets And Buybacks Will Drive Future Repricing
Trimble's analyst price target has been adjusted modestly as the fair value estimate moved from $93.33 to $91.00. This change reflects updated assumptions around discount rates, revenue growth, profit margins and future P/E, alongside recent Street research where some analysts raised targets to $103 while others trimmed their views.Narrative Update • Mar 03
TRMB: Automation End Markets And Buybacks Will Support Future Repricing
Analysts have trimmed their average price target on Trimble by $10. This reflects mixed recent updates from JPMorgan and Barclays and small tweaks to assumptions for discount rate, revenue growth, profit margin, and future P/E expectations.Narrative Update • Feb 16
TRMB: Automation End Markets And Buybacks Will Support Future Upside
Analysts have modestly reduced their Trimble price target, with the new estimate at about $93 compared with the prior fair value view near $98. This change reflects updated expectations for growth, profitability and a lower future P/E multiple.Narrative Update • Feb 02
TRMB: Industrial Tech End Markets Will Drive Future Upside Potential
Analysts have nudged their Trimble price expectations modestly higher, with one recent Street target moving to $101 from $100. They cite potential tailwinds across industrial technology end markets including data centers, factory automation, warehouse automation, electronics, test and measurement, and semiconductors.Narrative Update • Jan 18
TRMB: Industrial Tech Tailwinds And Software Shift Will Drive Future Upside
Analysts have nudged their fair value estimate for Trimble higher, from US$98.50 to US$99.75. Recent research highlights supportive trends in industrial technology end markets, including data centers, factory and warehouse automation, electronics, test and measurement, and semiconductors.Narrative Update • Jan 04
TRMB: Software Shift And 3-4-30 Framework Will Drive Future Upside
Analysts have nudged their Trimble price target slightly higher to about $98.50 per share, citing improving long term revenue growth and margin prospects as the company advances its transition toward higher recurring software revenue and works toward its 2027 financial goals. Analyst Commentary Recent Street research highlights that bullish analysts view Trimble as being in the midst of a meaningful business model transformation, with upside potential if management executes on its long term targets.Narrative Update • Dec 15
TRMB: Software Shift And 3-4-30 Goals Will Drive Margin Expansion
Analysts have modestly raised their Trimble price target by $2 to $100, citing increased confidence in the company’s transition toward higher-margin software solutions and its ability to meet or exceed long term recurring revenue and profitability goals. Analyst Commentary Bullish analysts view Trimble’s accelerating shift from hardware to software as a key driver of multiple expansion.Narrative Update • Nov 28
TRMB: Ongoing Software Transition Will Unlock Recurring Revenue And Margin Upside
Analysts have modestly lowered their fair value estimate for Trimble from $98.80 to $98.45. They cite improving profit margins and stronger expected revenue growth, even as the company undergoes a transition toward software solutions.Narrative Update • Nov 14
TRMB: Ongoing Software Transition Will Drive Improved Profitability This Cycle
Analysts have raised their price target for Trimble from $97.70 to $98.80, citing ongoing business model transformation and an improved profit outlook. Analyst Commentary Recent analyst coverage of Trimble highlights a range of perspectives on the company's strategic direction, projections, and market challenges.Narrative Update • Oct 31
TRMB: Software Shift Will Drive Stronger Recurring Revenue Growth Ahead
Analysts have modestly increased their price target for Trimble, with the consensus rising by $6 to $94. They cited the company's successful transition towards software solutions and stronger than expected financial performance.Narrative Update • Oct 17
Cloud And AI Adoption Will Boost Infrastructure Modernization
Trimble's analyst price target has been adjusted slightly lower to $97.70 from $97.75, as analysts note steady software-led business transformation and recurring revenue growth amid persistent macroeconomic headwinds. Analyst Commentary Analysts reviewing Trimble remain broadly optimistic about the company's ongoing transformation and growth prospects.Narrative Update • Oct 03
Cloud And AI Adoption Will Boost Infrastructure Modernization
Analysts have raised Trimble’s fair value estimate by $3.00 to $97.75, citing resilient market dynamics and increasing customer demand for software-oriented solutions. Analyst Commentary Recent Street research has provided an updated perspective on Trimble’s performance and outlook, highlighting both drivers of optimism and areas for caution among analysts.Analysis Article • Sep 09
Is Now The Time To Look At Buying Trimble Inc. (NASDAQ:TRMB)?
Trimble Inc. ( NASDAQ:TRMB ) saw a double-digit share price rise of over 10% in the past couple of months on the...Narrative Update • Aug 07
Cloud And AI Adoption Will Boost Infrastructure Modernization
As there were no material changes in either revenue growth forecasts or the discount rate for Trimble, the consensus analyst price target remained effectively unchanged at $87.62. What's in the News Trimble completed a share repurchase program, buying back 9.67 million shares (3.97%) for $677.34 million.Analysis Article • Aug 05
Is Trimble (NASDAQ:TRMB) A Risky Investment?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Jul 07
A Look At The Intrinsic Value Of Trimble Inc. (NASDAQ:TRMB)
Key Insights The projected fair value for Trimble is US$89.23 based on 2 Stage Free Cash Flow to Equity With US$78.88...Analysis Article • Jun 24
Capital Allocation Trends At Trimble (NASDAQ:TRMB) Aren't Ideal
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...Seeking Alpha • Mar 18
Trimble: Authorized $1 Billion Buyback Sets The Tone For 2025
Summary Trimble announced a $1 billion share buyback program, signaling strong capital returns and solid organic growth for 2025. The company’s shift to recurring revenue, driven by software and services, is boosting margins and making shares attractive. Trimble's diverse segments, particularly AECO, are showing high operating margins, with significant potential for margin expansion in Transport and Logistics. Despite risks tied to recurring revenue streams and market cycles, Trimble’s strong growth prospects and shareholder returns justify a buy rating. Read the full article on Seeking AlphaSeeking Alpha • Feb 25
Trimble Inc.: ARR Growth Looks Strong, But Total Revenue Expected To Decline Into 2025
Summary Trimble Inc. transitioned to a subscription-based model, with ARR growing 14% YoY and recurring revenues now comprising 62% of total revenue. While ARR is expanding, total revenue is expected to decline by 5-9% in 2025 due to divestments and the transition away from hardware sales. Trimble spends 26% of gross profit on R&D to stay competitive, but rising competition could drive costs higher. Asia-Pacific expansion presents opportunities, but key markets like China, South Korea, and Japan remain untapped. Discounted EPS model suggests a fair value of ~$93 per share, implying 30% upside. However, after applying a 10% margin of safety, the stock remains a HOLD. Read the full article on Seeking AlphaSeeking Alpha • Nov 28
Trimble: Anticipating Double-Digits Growth In ARR; Initiating With 'Buy'
Summary Trimble's strategic shift towards software-driven models and double-digit ARR growth supports a 'Buy' rating with a one-year target price of $86 per share. Divestiture of non-core businesses, including a $2 billion joint venture sale to AGCO, enables Trimble to focus on high-growth areas and unlock value. Projected organic revenue growth of 8% and ARR growth of 11%-13% in FY24, driven by strong performance in Buildings and Infrastructure, Geospatial, and other segments. Key risks include competition from Autodesk and reliance on civil and infrastructure construction cycles, which could be affected by economic conditions and market recovery in Europe. Read the full article on Seeking Alpha
New Narrative • Aug 22
Connect & Scale And AI Integration Promise Growth Amid Financial And Geopolitical Risks
Trimble's Connect & Scale strategy and focus on AI in AECO and transportation are set to boost recurring revenue and differentiate its offerings.Seeking Alpha • Aug 13
Trimble: Undervalued Amid Strong Q2 Results And FY25 Estimates
Summary TRMB is undervalued due to multiple contractions; expected revenue and EPS growth in FY 2025 support a $68 12-month price target, implying a ~30% price growth. Trimble excels in technological innovation through AI and strategic acquisitions but faces competition from players like Tesla's Optimus in automation. Despite a 12% YoY revenue decline in Q2, TRMB's ARR rose by 12% YoY, indicating resilience and growth in recurring software services. Read the full article on Seeking AlphaSeeking Alpha • May 08
Trimble: On Position Again, Supported By Some Real Green Shoots
Summary Trimble Inc. has faced uncertainties and underwhelming performance in the past, but recent green shoots have created an interesting setup. The company operates in three segments: AECO, field systems, and transportation and logistics, as this is genuinely a well-positioned business. After some hiccups in the fall, operating momentum has returned and these advancements have been well reflected in the share price. Read the full article on Seeking AlphaShareholder Returns
| TRMB | US Software | US Market | |
|---|---|---|---|
| 7D | -11.1% | 3.1% | 2.1% |
| 1Y | -10.7% | -6.3% | 30.6% |
Return vs Industry: TRMB matched the US Software industry which returned -7.9% over the past year.
Return vs Market: TRMB underperformed the US Market which returned 31% over the past year.
Price Volatility
| TRMB volatility | |
|---|---|
| TRMB Average Weekly Movement | 4.6% |
| Software Industry Average Movement | 9.7% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.1% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: TRMB has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: TRMB's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1978 | 11,500 | Rob Painter | www.trimble.com |
Trimble Inc. offers technology solutions and platform that enable office professionals and field workers to connect workflows and industry lifecycles in North America, Europe, the Asia Pacific, and internationally. The company provides architecture and interior design; building information modeling, engineering, and virtual design and construction; and construction and owner software products. It also offers field and office software for estimating and job cost management, and project design and visualization; software for 3D design and data sharing; systems to guide and control construction equipment, such as excavators, bulldozers, wheel loaders, motor graders, and paving equipment; systems to monitor, track, and manage assets, equipment, and workers; and software to facilitate the management of the construction process and for sharing and communication of data in real time.
Trimble Inc. Fundamentals Summary
| TRMB fundamental statistics | |
|---|---|
| Market cap | US$14.17b |
| Earnings (TTM) | US$456.20m |
| Revenue (TTM) | US$3.69b |
31.1x
P/E Ratio3.8x
P/S RatioIs TRMB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TRMB income statement (TTM) | |
|---|---|
| Revenue | US$3.69b |
| Cost of Revenue | US$1.05b |
| Gross Profit | US$2.64b |
| Other Expenses | US$2.18b |
| Earnings | US$456.20m |
Last Reported Earnings
Apr 03, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.96 |
| Gross Margin | 71.48% |
| Net Profit Margin | 12.37% |
| Debt/Equity Ratio | 25.1% |
How did TRMB perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/10 03:17 |
| End of Day Share Price | 2026/05/08 00:00 |
| Earnings | 2026/04/03 |
| Annual Earnings | 2026/01/02 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Trimble Inc. is covered by 32 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Robert Mason | Baird |
| Quinn Fredrickson | Baird |
| Guy Hardwick | Barclays |