Trimble (NASDAQ:TRMB) Updates Q3 2026 Earnings Guidance

Trimble (NASDAQ:TRMB) updated its third quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.830-0.880 for the period, compared to the consensus EPS estimate of 0.840. The company issued revenue guidance of $953.0 million-$978.0 million, compared to the consensus revenue estimate of $960.1 million. Trimble also updated its FY 2026 guidance to 3.600-3.700 EPS.

Analysts Set New Price Targets

Several brokerages have recently commented on TRMB. Wells Fargo & Company decreased their price target on Trimble from $70.00 to $61.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 14th. Weiss Ratings cut shares of Trimble from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 4th. JPMorgan Chase & Co. dropped their target price on shares of Trimble from $88.00 to $75.00 and set an “overweight” rating for the company in a report on Monday, July 13th. Barclays lowered their target price on Trimble from $103.00 to $79.00 and set an “overweight” rating for the company in a report on Friday, May 29th. Finally, Oppenheimer reissued an “outperform” rating and set a $80.00 target price on shares of Trimble in a research note on Tuesday, July 7th. Nine analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Trimble presently has an average rating of “Moderate Buy” and an average price target of $82.62.

Trimble Stock Performance

NASDAQ:TRMB opened at $57.98 on Wednesday. Trimble has a 12 month low of $47.92 and a 12 month high of $84.54. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.01 and a quick ratio of 0.88. The firm has a market capitalization 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. The business’s fifty day moving average price is $53.26 and its 200 day moving average price is $60.78.

Trimble (NASDAQ:TRMB) last announced 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. Trimble had a return on equity of 11.61% and a net margin of 12.38%.The company had revenue of $972.00 million during the quarter, compared to the consensus estimate of $952.09 million. Trimble has set its Q3 2026 guidance at 0.830-0.880 EPS and its FY 2026 guidance at 3.600-3.700 EPS. On average, sell-side analysts anticipate that Trimble will post 3.01 earnings per share for the current fiscal year.

Insider Transactions at Trimble

In other Trimble news, Director Kaigham Gabriel sold 1,718 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $60.00, for a total value 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.59% of the stock is owned by company insiders.

Hedge Funds Weigh In On Trimble

Several large investors have recently bought and sold shares of TRMB. Invesco Ltd. lifted its stake in Trimble by 0.3% in the fourth quarter. Invesco Ltd. now owns 4,169,491 shares of the scientific and technical instruments company’s stock valued at $326,680,000 after buying an additional 12,519 shares during the last quarter. Corient Private Wealth LLC boosted its stake in Trimble by 49.3% during the 4th quarter. Corient Private Wealth LLC now owns 31,034 shares of the scientific and technical instruments company’s stock worth $2,432,000 after purchasing an additional 10,246 shares during the period. Beacon Pointe Advisors LLC acquired a new position in Trimble in the fourth quarter valued at $319,000. First Citizens Bank & Trust Co. purchased a new stake in shares of Trimble in the fourth quarter valued at about $211,000. Finally, EP Wealth Advisors LLC acquired a new stake in shares of Trimble during the fourth quarter worth about $1,763,000. Institutional investors and hedge funds own 93.21% of the company’s stock.

Trimble Company Profile

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.