Trimble (NASDAQ:TRMB) Updates FY 2026 Earnings Guidance

Trimble (NASDAQ:TRMB) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 3.600-3.700 for the period, compared to the consensus earnings per share estimate of 3.470. The company issued revenue guidance of $3.9 billion-$4.0 billion, compared to the consensus revenue estimate of $3.9 billion. Trimble also updated its Q3 2026 guidance to 0.830-0.880 EPS.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Wall Street Zen raised shares of Trimble from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Barclays reduced their price target on shares of Trimble from $103.00 to $79.00 and set an “overweight” rating on the stock in a research note on Friday, May 29th. Raymond James Financial lowered shares of Trimble from a “moderate buy” rating to a “hold” rating in a report on Wednesday, July 22nd. Oppenheimer reissued an “outperform” rating and issued a $80.00 price objective on shares of Trimble in a research report on Tuesday, July 7th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Trimble from $88.00 to $75.00 and set an “overweight” rating on the stock in a research note on Monday, July 13th. Nine research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $82.62.

Trimble Trading Down 0.8%

Shares of NASDAQ TRMB opened at $57.98 on Wednesday. The company has a quick ratio of 0.88, a current ratio of 1.01 and a debt-to-equity ratio of 0.25. The business has a fifty day simple moving average of $53.26 and a two-hundred day simple moving average of $60.78. The firm has a market cap of $13.52 billion, a PE ratio of 30.52, a price-to-earnings-growth ratio of 1.94 and a beta of 1.37. Trimble has a twelve month low of $47.92 and a twelve month high of $84.54.

Trimble (NASDAQ:TRMB) last posted its quarterly earnings results on Wednesday, August 12th. The scientific and technical instruments company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.06. The business had revenue of $972.00 million for the quarter, compared to the consensus estimate of $952.09 million. Trimble had a return on equity of 11.61% and a net margin of 12.38%.Trimble has set its Q3 2026 guidance at 0.830-0.880 EPS and its FY 2026 guidance at 3.600-3.700 EPS. Analysts expect that Trimble will post 3.01 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Trimble news, Director Kaigham Gabriel sold 1,718 shares of the stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $60.00, for a total transaction of $103,080.00. Following the transaction, the director directly owned 17,426 shares in the company, valued at $1,045,560. This represents a 8.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.59% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Trimble

Hedge funds have recently modified their holdings of the business. Sivia Capital Partners LLC purchased a new stake in shares of Trimble during the second quarter valued at about $208,000. Brighton Jones LLC purchased a new stake in Trimble during the fourth quarter valued at approximately $211,000. Los Angeles Capital Management LLC acquired a new stake in Trimble in the fourth quarter valued at approximately $89,000. Advisory Services Network LLC purchased a new position in Trimble in the third quarter worth $85,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in shares of Trimble during the third quarter worth $54,000. Hedge funds and other institutional investors own 93.21% of the company’s stock.

About Trimble

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.