​

Trimble (TRMB) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

TRMB Stock Forecast

Trimble (TRMB) stock forecast, based on 23 Wall Street analysts, predicts a 12-month average price target of $86.00, with a high of $88.00 and a low of $84.00. This represents a 47.69% increase from the last price of $58.23.

$50$58$66$74$82$90High: $88Avg: $86Low: $84Last Closed Price: $58.23

TRMB Stock Rating

Trimble stock's rating consensus is Buy, based on 23 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 14 Buy (60.87%), 8 Hold (34.78%), 1 Sell (4.35%), and 0 Strong Sell (0.00%).

Buy
Total 23 0 1 8 14 Strong Sell Sell Hold Buy Strong Buy

TRMB Price Target Upside V Benchmarks

TypeNameUpside
StockTrimble47.69%
SectorTechnology Stocks 38.00%

Price Target Trends

1M3M12M
# Anlaysts--2
Avg Price Target--$86.00
Last Closing Price$58.23$58.23$58.23
Upside/Downside--47.69%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25561--12
Mar, 25561--12
Feb, 25561--12
Jan, 25561--12
Dec, 24563--14
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 11, 2024Kristen OwenOppenheimer$88.00$73.9618.98%51.12%
Nov 07, 2024Clarke JeffriesPiper Sandler$84.00$61.3137.01%44.26%
Mar 12, 2024Clarke JeffriesPiper Sandler$73.00$63.4215.11%25.36%
Feb 12, 2024Clarke JeffriesPiper Sandler$68.00$54.6924.34%16.78%
Sep 29, 2023Brian GesualeRaymond James$65.00$53.9320.53%11.63%
Dec 13, 2022Clarke JeffriesPiper Sandler$65.00$55.0418.10%11.63%
Dec 13, 2022Morgan Stanley$65.00$55.1817.80%11.63%
May 20, 2022Weston TwiggPiper Sandler$100.00$65.2353.30%71.73%
Analyst Rating Forecasts
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

Financial Forecast

EPS Forecast

Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.56$1.96$1.81$1.25-----
Avg Forecast$2.12$2.67$2.65$2.63$2.84$2.90$3.34$4.06$4.83
High Forecast$2.17$2.73$2.72$2.65$2.86$3.05$3.52$4.17$4.96
Low Forecast$2.05$2.58$2.62$2.61$2.82$2.80$2.90$4.01$4.77
Surprise %-26.42%-26.59%-31.70%-52.47%-----

Revenue Forecast

$3B$3B$4B$4B$5B$5BDec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$3.15B$3.66B$3.68B$3.80B-----
Avg Forecast$3.11B$3.63B$3.70B$3.78B$3.65B$3.43B$3.72B$4.06B$4.65B
High Forecast$3.16B$3.69B$3.77B$3.85B$3.72B$3.45B$3.72B$4.12B$4.74B
Low Forecast$3.03B$3.54B$3.67B$3.76B$3.64B$3.40B$3.71B$3.99B$4.60B
Surprise %1.26%0.87%-0.51%0.55%-----

Net Income Forecast

$0$300M$600M$900M$1B$2BDec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$389.90M$492.70M$449.70M$311.30M-----
Avg Forecast$285.77M$412.25M$470.10M$311.30M$707.89M$729.50M$800.77M$1.01B$1.20B
High Forecast$342.93M$494.70M$564.12M$373.56M$712.86M$760.46M$878.02M$1.04B$1.23B
Low Forecast$228.62M$329.80M$376.08M$249.04M$702.92M$698.53M$723.52M$999.27M$1.19B
Surprise %36.44%19.52%-4.34%------

TRMB Forecast FAQ

Is Trimble stock a buy?

Trimble stock has a consensus rating of Buy, based on 23 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 14 Buy, 8 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Trimble is a favorable investment for most analysts.

What is Trimble's price target?

Trimble's price target, set by 23 Wall Street analysts, averages $86 over the next 12 months. The price target range spans from $84 at the low end to $88 at the high end, suggesting a potential 47.69% change from the previous closing price of $58.23.

How does Trimble stock forecast compare to its benchmarks?

Trimble's stock forecast shows a 47.69% upside, outperforming the average forecast for the technology stocks sector (38.00%).

What is the breakdown of analyst ratings for Trimble over the past three months?

  • April 2025: 41.67% Strong Buy, 50.00% Buy, 8.33% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 41.67% Strong Buy, 50.00% Buy, 8.33% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 41.67% Strong Buy, 50.00% Buy, 8.33% Hold, 0% Sell, 0% Strong Sell.

What is Trimble’s EPS forecast?

Trimble's average annual EPS forecast for its fiscal year ending in December 2024 is $2.84, marking a 127.20% increase from the reported $1.25 in 2023. Estimates for the following years are $2.9 in 2025, $3.34 in 2026, $4.06 in 2027, and $4.83 in 2028.

What is Trimble’s revenue forecast?

Trimble's average annual revenue forecast for its fiscal year ending in December 2024 is $3.65B, reflecting a -4.04% decrease from the reported $3.8B in 2023. The forecast for 2025 is $3.43B, followed by $3.72B for 2026, $4.06B for 2027, and $4.65B for 2028.

What is Trimble’s net income forecast?

Trimble's net income forecast for the fiscal year ending in December 2024 stands at $707.89M, representing an 127.40% increase from the reported $311.3M in 2023. Projections indicate $729.5M in 2025, $800.77M in 2026, $1.01B in 2027, and $1.2B in 2028.