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Trimble (TRMB) Stock Forecast, Price Target & Predictions

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TRMB Stock Forecast

Trimble stock forecast is as follows: an average price target of $86.00 (represents a 17.99% upside from TRMB’s last price of $72.89) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.

TRMB Price Target

The average price target for Trimble (TRMB) is $86.00 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $88.00 to $84.00. This represents a potential 17.99% upside from TRMB's last price of $72.89.

TRMB Analyst Ratings

Buy

According to 9 Wall Street analysts, Trimble's rating consensus is 'Buy'. The analyst rating breakdown for TRMB stock is 0 'Strong Buy' (0.00%), 6 'Buy' (66.67%), 3 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Trimble Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 11, 2024Kristen OwenOppenheimer$88.00$73.9618.98%20.73%
Nov 07, 2024Clarke JeffriesPiper Sandler$84.00$61.3037.02%15.24%
Mar 12, 2024Clarke JeffriesPiper Sandler$73.00$63.4215.11%0.15%
Feb 12, 2024Clarke JeffriesPiper Sandler$68.00$54.6924.34%-6.71%
Sep 29, 2023Brian GesualeRaymond James$65.00$53.9320.53%-10.82%
Dec 13, 2022Clarke JeffriesPiper Sandler$65.00$55.0318.11%-10.82%
Dec 13, 2022Morgan Stanley$65.00$55.1717.81%-10.82%
May 20, 2022Weston TwiggPiper Sandler$100.00$65.2353.30%37.19%

The latest Trimble stock forecast, released on Dec 11, 2024 by Kristen Owen from Oppenheimer, set a price target of $88.00, which represents a 18.98% increase from the stock price at the time of the forecast ($73.96), and a 20.73% increase from TRMB last price ($72.89).

Trimble Price Target by Period

1M3M12M
# Anlaysts124
Avg Price Target$88.00$86.00$78.25
Last Closing Price$72.89$72.89$72.89
Upside/Downside20.73%17.99%7.35%

In the current month, the average price target of Trimble stock is $88.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 20.73% increase as opposed to Trimble's last price of $72.89. This month's average price target is up 2.33% compared to last quarter, and up 12.46% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Dec 11, 2024OppenheimerOutperformOutperformHold
Dec 11, 2024BernsteinOutperformOutperformHold
Sep 16, 2024Piper SandlerOverweightOverweightHold
Apr 02, 2024Sandler O'NeillNeutralNeutralHold
Feb 13, 2024Piper SandlerOverweightOverweightHold
Feb 12, 2024Piper SandlerNeutralOverweightUpgrade
Nov 02, 2023CFRABuyUpgrade
Sep 29, 2023CitigroupNeutralNeutralHold
Sep 29, 2023Raymond JamesMarket PerformOutperformUpgrade
Apr 05, 2023Edward JonesBuyUpgrade
Dec 13, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Dec 13, 2022Raymond JamesMarket PerformDowngrade
Sep 08, 2022Piper SandlerNeutralDowngrade

Trimble's last stock rating was published by Oppenheimer on Dec 11, 2024. The company gave TRMB a "Outperform" rating, the same as its previous rate.

Trimble Financial Forecast

Trimble Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$932.40M$957.30M$993.60M$915.40M$856.50M$884.90M$941.20M$993.70M$926.00M$901.40M$945.20M$886.50M$824.00M$792.10M$733.60M$792.30M-$783.90M
Avg Forecast$1.02B$913.80M$907.92M$805.44M$902.40M$862.62M$856.00M$820.94M$946.62M$864.50M$862.50M$912.52M$910.11M$966.69M$975.63M$929.63M$875.76M$911.41M$928.95M$968.23M$894.60M$882.26M$868.04M$823.18M$785.69M$719.92M$701.84M$779.60M$784.64M$809.48M
High Forecast$1.06B$954.33M$948.18M$841.16M$942.42M$900.87M$893.96M$867.05M$952.78M$864.91M$862.50M$912.52M$916.54M$980.95M$1.02B$970.86M$914.59M$911.41M$928.95M$968.23M$894.60M$882.26M$868.04M$823.18M$785.69M$719.92M$701.84M$779.60M$784.64M$809.48M
Low Forecast$992.61M$890.63M$884.89M$785.01M$879.51M$840.74M$834.29M$795.72M$942.62M$864.09M$862.50M$912.52M$903.33M$952.66M$950.88M$906.05M$853.54M$911.41M$928.95M$968.23M$894.60M$882.26M$868.04M$823.18M$785.69M$719.92M$701.84M$779.60M$784.64M$809.48M
# Analysts3333444684347115954486558546453
Surprise %------------1.02%0.99%1.02%0.98%0.98%0.97%1.01%1.03%1.04%1.02%1.09%1.08%1.05%1.10%1.05%1.02%-0.97%

Trimble's average Quarter revenue forecast for Mar 24 based on 4 analysts is $912.52M, with a low forecast of $912.52M, and a high forecast of $912.52M. TRMB's average Quarter revenue forecast represents a -2.13% decrease compared to the company's last Quarter revenue of $932.40M (Dec 23).

Trimble EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3333444684347115954486558546453
EBITDA------------$184.10M$201.00M$182.90M$231.50M$141.20M$176.80M$284.60M$206.00M$178.00M$217.00M$224.50M$200.30M$144.30M$165.80M$159.80M$150.10M-$148.80M
Avg Forecast$215.52M$193.38M$192.13M$170.45M$190.97M$182.55M$181.15M$173.73M$200.32M$182.94M$182.52M$207.36M$192.60M$204.57M$206.46M$188.50M$188.12M$191.18M$194.86M$171.37M$187.65M$185.06M$182.08M$155.79M$164.81M$151.01M$147.22M$120.81M$164.59M$169.80M
High Forecast$225.08M$201.95M$200.65M$178.00M$199.43M$190.64M$189.18M$183.48M$201.62M$183.03M$182.52M$248.83M$193.96M$207.59M$215.62M$226.21M$225.75M$191.18M$194.86M$205.64M$187.65M$185.06M$182.08M$186.95M$164.81M$151.01M$147.22M$144.97M$164.59M$169.80M
Low Forecast$210.05M$188.47M$187.26M$166.12M$186.12M$177.92M$176.55M$168.39M$199.48M$182.86M$182.52M$165.88M$191.16M$201.60M$201.22M$150.80M$150.50M$191.18M$194.86M$137.09M$187.65M$185.06M$182.08M$124.63M$164.81M$151.01M$147.22M$96.65M$164.59M$169.80M
Surprise %------------0.96%0.98%0.89%1.23%0.75%0.92%1.46%1.20%0.95%1.17%1.23%1.29%0.88%1.10%1.09%1.24%-0.88%

4 analysts predict TRMB's average Quarter EBITDA for Mar 24 to be $207.36M, with a high of $248.83M and a low of $165.88M. This is 12.63% upper than Trimble's previous annual EBITDA (Dec 23) of $184.10M.

Trimble Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3333444684347115954486558546453
Net Income------------$63.00M$74.90M$44.60M$128.80M$85.60M$85.80M$168.00M$110.30M$115.30M$124.00M$138.90M$114.50M$279.30M$84.70M$63.00M$61.90M-$78.10M
Avg Forecast$245.25M$200.81M$183.53M$166.25M$215.42M$182.16M$162.13M$155.82M$218.40M$152.54M$143.66M$118.53M$147.22M$149.13M$145.73M$107.76M$121.86M$162.68M$153.51M$97.96M$154.13M$146.52M$148.12M$89.06M$125.66M$105.42M$93.60M$49.82M$116.95M$116.63M
High Forecast$259.39M$212.39M$194.11M$175.83M$227.84M$192.66M$171.48M$169.99M$225.76M$152.69M$143.68M$142.24M$152.29M$161.36M$154.12M$129.31M$146.23M$162.68M$153.51M$117.55M$154.13M$146.52M$148.12M$106.87M$125.66M$105.42M$93.60M$59.79M$116.95M$116.63M
Low Forecast$237.16M$194.19M$177.48M$160.76M$208.32M$176.15M$156.79M$148.74M$208.58M$152.40M$143.65M$94.83M$139.60M$144.24M$140.92M$86.21M$97.49M$162.68M$153.51M$78.37M$154.13M$146.52M$148.12M$71.24M$125.66M$105.42M$93.60M$39.86M$116.95M$116.63M
Surprise %------------0.43%0.50%0.31%1.20%0.70%0.53%1.09%1.13%0.75%0.85%0.94%1.29%2.22%0.80%0.67%1.24%-0.67%

Trimble's average Quarter net income forecast for Mar 24 is $118.53M, with a range of $94.83M to $142.24M. TRMB's average Quarter net income forecast represents a 88.15% increase compared to the company's last Quarter net income of $63.00M (Dec 23).

Trimble SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3333444684347115954486558546453
SG&A------------$264.40M$263.40M$296.60M$246.10M$249.90M$246.70M$245.80M$233.40M$232.60M$210.70M$224.80M$207.80M$219.00M$191.00M$172.40M$204.70M-$196.90M
Avg Forecast$262.01M$235.09M$233.57M$207.21M$232.15M$221.92M$220.22M$211.20M$243.53M$222.40M$221.89M$215.12M$234.14M$248.69M$250.99M$195.56M$245.83M$234.47M$238.98M$177.78M$230.15M$226.97M$223.31M$161.62M$202.13M$185.21M$180.56M$164.76M$201.86M$208.25M
High Forecast$273.62M$245.51M$243.93M$216.40M$242.45M$231.76M$229.98M$223.06M$245.11M$222.51M$221.89M$258.14M$235.79M$252.36M$262.12M$234.68M$294.99M$234.47M$238.98M$213.34M$230.15M$226.97M$223.31M$193.95M$202.13M$185.21M$180.56M$197.71M$201.86M$208.25M
Low Forecast$255.36M$229.12M$227.65M$201.95M$226.26M$216.29M$214.63M$204.71M$242.50M$222.30M$221.89M$172.10M$232.39M$245.08M$244.63M$156.45M$196.66M$234.47M$238.98M$142.23M$230.15M$226.97M$223.31M$129.30M$202.13M$185.21M$180.56M$131.81M$201.86M$208.25M
Surprise %------------1.13%1.06%1.18%1.26%1.02%1.05%1.03%1.31%1.01%0.93%1.01%1.29%1.08%1.03%0.95%1.24%-0.95%

Trimble's average Quarter SG&A projection for Mar 24 is $215.12M, based on 4 Wall Street analysts, with a range of $172.10M to $258.14M. The forecast indicates a -18.64% fall compared to TRMB last annual SG&A of $264.40M (Dec 23).

Trimble EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3333444684347115954486558546453
EPS------------$0.25$0.30$0.18$0.52$0.35$0.35$0.67$0.44$0.46$0.49$0.55$0.46$1.12$0.34$0.25$0.25-$0.31
Avg Forecast$0.99$0.81$0.74$0.67$0.87$0.74$0.66$0.63$0.88$0.62$0.58$0.62$0.60$0.60$0.59$0.67$0.61$0.66$0.62$0.68$0.63$0.59$0.60$0.55$0.51$0.43$0.38$0.41$0.47$0.47
High Forecast$1.05$0.86$0.79$0.71$0.92$0.78$0.69$0.69$0.91$0.62$0.58$0.66$0.62$0.65$0.62$0.71$0.65$0.66$0.62$0.68$0.63$0.59$0.60$0.55$0.51$0.43$0.38$0.41$0.47$0.47
Low Forecast$0.96$0.79$0.72$0.65$0.84$0.71$0.64$0.60$0.84$0.62$0.58$0.60$0.57$0.58$0.57$0.64$0.59$0.66$0.62$0.68$0.63$0.59$0.60$0.55$0.51$0.43$0.38$0.41$0.47$0.47
Surprise %------------0.42%0.50%0.30%0.78%0.57%0.53%1.08%0.65%0.74%0.82%0.91%0.84%2.20%0.79%0.66%0.61%-0.65%

According to 4 Wall Street analysts, Trimble's projected average Quarter EPS for Mar 24 is $0.62, with a low estimate of $0.60 and a high estimate of $0.66. This represents a 148.00% increase compared to TRMB previous annual EPS of $0.25 (Dec 23).

Trimble Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
STSensata Technologies$29.48$39.6734.57%Buy
TRMBTrimble$72.89$86.0017.99%Buy
MKSIMKS Instruments$109.90$128.8017.20%Buy
FTVFortive$75.73$87.0014.88%Buy
VPGVishay Precision Group$23.82$27.0013.35%
TDYTeledyne$470.66$519.0010.27%Buy
NOVTNovanta$165.65$175.005.64%Buy
ESEESCO$137.83$145.005.20%Buy
COHRCoherent$103.29$106.292.90%Buy
BMIBadger Meter$227.18$221.33-2.58%Hold
VNTVontier$38.18$32.67-14.43%Buy

TRMB Forecast FAQ

Is Trimble a good buy?

Yes, according to 9 Wall Street analysts, Trimble (TRMB) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 66.67% of TRMB's total ratings.

What is TRMB's price target?

Trimble (TRMB) average price target is $86 with a range of $84 to $88, implying a 17.99% from its last price of $72.89. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Trimble stock go up soon?

According to Wall Street analysts' prediction for TRMB stock, the company can go up by 17.99% (from the last price of $72.89 to the average price target of $86), up by 20.73% based on the highest stock price target, and up by 15.24% based on the lowest stock price target.

Can Trimble stock reach $110?

TRMB's average twelve months analyst stock price target of $86 does not support the claim that Trimble can reach $110 in the near future.

What is Trimble's current price target trend?

1 Wall Street analyst forecast a $88 price target for Trimble (TRMB) this month, up 20.73% from its last price of $72.89. Compared to the last 3 and 12 months, the average price target increased by 17.99% and increased by 7.35%, respectively.

What are Trimble's analysts' financial forecasts?

Trimble's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.44B (high $3.6B, low $3.35B), average EBITDA is $728.38M (high $762.74M, low $708.98M), average net income is $715.53M (high $761.96M, low $689.99M), average SG&A $885.48M (high $927.25M, low $861.89M), and average EPS is $2.9 (high $3.09, low $2.79). TRMB's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.65B (high $3.81B, low $3.55B), average EBITDA is $771.48M (high $805.69M, low $751.91M), average net income is $795.84M (high $841.72M, low $769.59M), average SG&A $937.87M (high $979.46M, low $914.08M), and average EPS is $3.22 (high $3.41, low $3.12).

Did the TRMB's actual financial results beat the analysts' financial forecasts?

Based on Trimble's last annual report (Dec 2023), the company's revenue was $3.8B, beating the average analysts forecast of $3.78B by 0.44%. Apple's EBITDA was $745M, missing the average prediction of $792.13M by -5.95%. The company's net income was $311.3M, missing the average estimation of $549.83M by -43.38%. Apple's SG&A was $1.07B, beating the average forecast of $929.38M by 15.18%. Lastly, the company's EPS was $1.25, missing the average prediction of $2.46 by -49.13%. In terms of the last quarterly report (Dec 2023), Trimble's revenue was $932.4M, beating the average analysts' forecast of $910.11M by 2.45%. The company's EBITDA was $184.1M, missing the average prediction of $192.6M by -4.41%. Trimble's net income was $63M, missing the average estimation of $147.22M by -57.21%. The company's SG&A was $264.4M, beating the average forecast of $234.14M by 12.93%. Lastly, the company's EPS was $0.25, missing the average prediction of $0.596 by -58.07%