Analysts’ Weekly Ratings Changes for Trimble (TRMB)

Several brokerages have updated their recommendations and price targets on shares of Trimble (NASDAQ: TRMB) in the last few weeks:

• 5/9/2026 – Trimble was upgraded by Wall Street Zen from “hold” to “buy”.
• 5/7/2026 – Trimble had its price target lowered by Wells Fargo & Company from $79.00 to $70.00. They now have an “overweight” rating on the stock.
• 5/7/2026 – Trimble had its price target lowered by Oppenheimer Holdings, Inc. from $86.00 to $80.00. They now have an “outperform” rating on the stock.
• 5/6/2026 – Trimble had its price target lowered by Piper Sandler from $97.00 to $87.00. They now have an “overweight” rating on the stock.
• 4/13/2026 – Trimble was downgraded by Zacks Research from “strong-buy” to “hold”.
• 4/4/2026 – Trimble was downgraded by Wall Street Zen from “buy” to “hold”.
• 3/30/2026 – Trimble had its price target lowered by Robert W. Baird from $90.00 to $85.00. They now have an “outperform” rating on the stock.

Insider Activity at Trimble

In other news, VP Mark David Schwartz sold 16,725 shares of Trimble stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $67.01, for a total transaction of $1,120,742.25. Following the sale, the vice president owned 19,668 shares of the company’s stock, valued at approximately $1,317,952.68. This trade represents a 45.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Robert G. Painter sold 7,500 shares of the company’s stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $66.94, for a total value of $502,050.00. Following the completion of the transaction, the chief executive officer owned 11,897 shares of the company’s stock, valued at $796,385.18. The trade was a 38.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 31,725 shares of company stock worth $2,151,167 in the last three months. 0.59% of the stock is owned by insiders.

Trimble Inc (NASDAQ: TRMB) is a technology company that develops hardware, software and services to improve the productivity and connectivity of customers across the construction, agriculture, geospatial, transportation and logistics, and natural resources sectors. The company’s offerings center on advanced positioning technologies — including GNSS/GPS receivers, inertial sensors and laser scanning — integrated with application-specific software and cloud services to enable precise measurement, modeling, machine control and workflow automation for field and office operations.

Trimble’s product portfolio spans surveying and geospatial instruments (total stations, mobile mapping and terrestrial laser scanners), construction solutions (machine control systems, site positioning and estimating), agriculture systems (auto-steer, guidance and application-control platforms), and fleet and transportation telematics.