Trimble (TRMB) Stock Forecast, Price Target & Predictions
TRMB Stock Forecast
Trimble stock forecast is as follows: an average price target of $71.33 (represents a 2.38% upside from TRMB’s last price of $69.67) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
TRMB Price Target
The average price target for Trimble (TRMB) is $71.33 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $84.00 to $65.00. This represents a potential 2.38% upside from TRMB's last price of $69.67.
TRMB Analyst Ratings
According to 7 Wall Street analysts, Trimble's rating consensus is 'Buy'. The analyst rating breakdown for TRMB stock is 0 'Strong Buy' (0.00%), 4 'Buy' (57.14%), 3 'Hold' (42.86%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Trimble Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 07, 2024 | Clarke Jeffries | Piper Sandler | $84.00 | $61.30 | 37.02% | 20.57% |
| Mar 12, 2024 | Clarke Jeffries | Piper Sandler | $73.00 | $63.42 | 15.11% | 4.78% |
| Feb 12, 2024 | Clarke Jeffries | Piper Sandler | $68.00 | $54.69 | 24.34% | -2.40% |
| Sep 29, 2023 | Brian Gesuale | Raymond James | $65.00 | $53.93 | 20.53% | -6.70% |
| Dec 13, 2022 | Clarke Jeffries | Piper Sandler | $65.00 | $55.03 | 18.11% | -6.70% |
| Dec 13, 2022 | - | Morgan Stanley | $65.00 | $55.17 | 17.81% | -6.70% |
| May 20, 2022 | Weston Twigg | Piper Sandler | $100.00 | $65.23 | 53.30% | 43.53% |
The latest Trimble stock forecast, released on Nov 07, 2024 by Clarke Jeffries from Piper Sandler, set a price target of $84.00, which represents a 37.02% increase from the stock price at the time of the forecast ($61.30), and a 20.57% increase from TRMB last price ($69.67).
Trimble Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 3 |
| Avg Price Target | $84.00 | $84.00 | $75.00 |
| Last Closing Price | $69.67 | $69.67 | $69.67 |
| Upside/Downside | 20.57% | 20.57% | 7.65% |
In the current month, the average price target of Trimble stock is $84.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 20.57% increase as opposed to Trimble's last price of $69.67. This month's average price target is down 0.00% compared to last quarter, and up 12.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 16, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Apr 02, 2024 | Sandler O'Neill | Neutral | Neutral | Hold |
| Feb 13, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Feb 12, 2024 | Piper Sandler | Neutral | Overweight | Upgrade |
| Nov 02, 2023 | CFRA | - | Buy | Upgrade |
| Sep 29, 2023 | Citigroup | Neutral | Neutral | Hold |
| Sep 29, 2023 | Raymond James | Market Perform | Outperform | Upgrade |
| Apr 05, 2023 | Edward Jones | - | Buy | Upgrade |
| Dec 13, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Dec 13, 2022 | Raymond James | - | Market Perform | Downgrade |
Trimble's last stock rating was published by Piper Sandler on Sep 16, 2024. The company gave TRMB a "Overweight" rating, the same as its previous rate.
Trimble Financial Forecast
Trimble Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 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 | $995.32M | $943.86M | $930.28M | $923.60M | $901.65M | $872.72M | $861.70M | $849.45M | $946.97M | $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 | $1.02B | $967.08M | $953.17M | $946.33M | $923.84M | $894.20M | $882.91M | $887.08M | $953.12M | $864.91M | $862.50M | $912.52M | $916.54M | $980.95M | $999.64M | $952.51M | $897.31M | $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 | $961.11M | $911.42M | $898.31M | $891.86M | $870.66M | $842.73M | $832.09M | $797.32M | $942.96M | $864.09M | $862.50M | $912.52M | $903.33M | $952.66M | $942.10M | $897.69M | $845.66M | $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 |
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 8 | 4 | 3 | 4 | 7 | 11 | 5 | 9 | 5 | 4 | 4 | 8 | 6 | 5 | 5 | 8 | 5 | 4 | 6 | 4 | 5 | 3 |
| 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 8 | 4 | 3 | 4 | 7 | 11 | 5 | 9 | 5 | 4 | 4 | 8 | 6 | 5 | 5 | 8 | 5 | 4 | 6 | 4 | 5 | 3 |
| 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 | $210.63M | $199.74M | $196.86M | $195.45M | $190.80M | $184.68M | $182.35M | $179.76M | $200.39M | $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 | $215.81M | $204.65M | $201.71M | $200.26M | $195.50M | $189.23M | $186.84M | $187.72M | $201.70M | $183.03M | $182.52M | $248.83M | $193.96M | $207.59M | $211.54M | $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 | $203.39M | $192.87M | $190.10M | $188.73M | $184.25M | $178.34M | $176.08M | $168.73M | $199.55M | $182.86M | $182.52M | $165.88M | $191.16M | $201.60M | $199.37M | $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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 8 | 4 | 3 | 4 | 7 | 11 | 5 | 9 | 5 | 4 | 4 | 8 | 6 | 5 | 5 | 8 | 5 | 4 | 6 | 4 | 5 | 3 |
| 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 | $249.37M | $212.33M | $197.52M | $187.64M | $210.22M | $183.63M | $167.58M | $165.11M | $218.62M | $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 | $257.35M | $219.13M | $203.84M | $193.65M | $216.94M | $189.51M | $172.94M | $179.47M | $225.99M | $152.69M | $143.68M | $142.24M | $152.29M | $161.36M | $150.39M | $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 | $238.23M | $202.85M | $188.70M | $179.26M | $200.83M | $175.43M | $160.09M | $145.97M | $208.79M | $152.40M | $143.65M | $94.83M | $139.60M | $144.24M | $139.21M | $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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 8 | 4 | 3 | 4 | 7 | 11 | 5 | 9 | 5 | 4 | 4 | 8 | 6 | 5 | 5 | 8 | 5 | 4 | 6 | 4 | 5 | 3 |
| 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 | $256.06M | $242.82M | $239.32M | $237.61M | $231.96M | $224.52M | $221.68M | $218.53M | $243.62M | $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 | $262.36M | $248.79M | $245.21M | $243.45M | $237.67M | $230.04M | $227.14M | $228.21M | $245.20M | $222.51M | $221.89M | $258.14M | $235.79M | $252.36M | $257.17M | $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 | $247.26M | $234.47M | $231.10M | $229.44M | $223.99M | $216.80M | $214.06M | $205.12M | $242.59M | $222.30M | $221.89M | $172.10M | $232.39M | $245.08M | $242.37M | $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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 8 | 4 | 3 | 4 | 7 | 11 | 5 | 9 | 5 | 4 | 4 | 8 | 6 | 5 | 5 | 8 | 5 | 4 | 6 | 4 | 5 | 3 |
| 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 | $1.01 | $0.86 | $0.80 | $0.76 | $0.85 | $0.74 | $0.68 | $0.67 | $0.89 | $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 | $1.04 | $0.89 | $0.83 | $0.78 | $0.88 | $0.77 | $0.70 | $0.73 | $0.92 | $0.62 | $0.58 | $0.64 | $0.62 | $0.65 | $0.61 | $0.69 | $0.63 | $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 | $0.82 | $0.76 | $0.73 | $0.81 | $0.71 | $0.65 | $0.59 | $0.85 | $0.62 | $0.58 | $0.59 | $0.57 | $0.58 | $0.56 | $0.64 | $0.58 | $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 $0.59 and a high estimate of $0.64. This represents a 148.00% increase compared to TRMB previous annual EPS of $0.25 (Dec 23).
Trimble Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ST | Sensata Technologies | $30.98 | $50.25 | 62.20% | Buy |
| MKSI | MKS Instruments | $108.38 | $143.09 | 32.03% | Buy |
| VPG | Vishay Precision Group | $21.09 | $27.00 | 28.02% | - |
| FTV | Fortive | $74.50 | $86.50 | 16.11% | Buy |
| TDY | Teledyne | $464.82 | $496.80 | 6.88% | Buy |
| NOVT | Novanta | $165.72 | $175.00 | 5.60% | Buy |
| TRMB | Trimble | $69.67 | $71.33 | 2.38% | Buy |
| ESE | ESCO | $146.25 | $145.00 | -0.85% | Buy |
| BMI | Badger Meter | $211.07 | $204.60 | -3.07% | Hold |
| VNT | Vontier | $37.09 | $32.67 | -11.92% | Buy |
| COHR | Coherent | $104.25 | $88.46 | -15.15% | Buy |