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TRMBTrimble Inc.Hold6.0·$53.04+0.87%
HoldModerate Confidence
Investment thesis

Trimble has delivered a perfect four-quarter earnings beat streak averaging 10.1% positive surprises and analysts see 48% upside potential from the current price of $50.21 to approximately $74. The stock is in a deep technical downtrend — RSI of 28, death cross, and a 200-day moving average declining at -5.2%/30 days — creating one of the wider divergences between analyst fundamental valuation and current market price in the technology sector.

Thesis pillars

  • Perfect Beat Streak Wide MoatStable
  • Large Analyst Upside Capitulation SetupStable
  • Technical Downtrend SeverityStable
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

Open full analysis

Trimble Inc. (TRMB) Stock Analysis

Recovery setup

HoldModerate Confidence

Technology · Scientific & Technical Instruments

Hold if already holding. Not a fresh buy at $53.04, but acceptable to hold if already in. Reasons: Concentration risk — Supplier: sole-source suppliers for certain materials; Below 200-MA, MA slope -5.8%/30d (confirmed downtrend).

Trimble provides positioning, modeling, and workflow solutions across three segments — AECO (construction software), Field Systems (geospatial and civil construction hardware/software), and Transportation and Logistics — sold in more than 160 countries via dealer networks and... Read more

$53.04+40.0% A.UpsideScore 6.0/10#4 of 17 Scientific & Technical Instruments
QualityF-score8 / 9FCF yield2.99%
Stop $49.80Target $74.24(analyst − 13%)A.R:R 4.1:1
Analyst target$85.33+60.9%12 analysts
$74.24our TP
$53.04price
$85.33mean
$94

Hold if already holding. Not a fresh buy at $53.04, but acceptable to hold if already in. Reasons: Concentration risk — Supplier: sole-source suppliers for certain materials; Below 200-MA, MA slope -5.8%/30d (confirmed downtrend). Chart setup: Death cross but MACD improving, RSI 71. Maintain position. Not compelling to add more. Score 6.0/10, moderate confidence.

Passes 7/9 gates (positive momentum, favorable risk/reward ratio, clean insider activity, news events none recent, earnings proximity 33d clear, semi cycle peak clear, materials cycle peak clear). Suitability: aggressive.

10-K grounded · weekly refresh

About Trimble Inc.

About Trimble Inc.

Trimble's three segments — AECO (construction software and workflows), Field Systems (geospatial and civil construction hardware and software), and Transportation and Logistics — serve customers in more than 160 countries. The company divested its Mobility telematics business to Platform Science on February 8, 2025, retaining 32.5% equity, and contributed its precision agriculture business to an AGCO joint venture in April 2024, retaining 15%. Trimble holds over 1,000 unique patents, with major R&D operations across the US, Netherlands, Germany, India, and New Zealand.

Trimble earns revenue through hardware product sales, perpetual and subscription software licenses, and SaaS contracts — with management noting that connected software and cloud services account for 'a steadily increasing portion' of the business. The AECO segment delivers software to asset owners, contractors, and engineers through direct sales, BuildingPoint dealer networks, and digital channels. Field Systems relies primarily on global independent distributor networks including SITECH Technology dealers for civil construction and BuildingPoint for building construction, with direct bundled sales available through the Construction One offering. The T&L segment sells directly to carriers and shippers, supported by proprietary transport data used to power AI-assisted workflow automation. Joint ventures with Caterpillar (machine control guidance), Hilti (building measuring solutions), and Nikon (Japan-based surveying instruments) extend OEM-channel reach. The 10-K warns that generative AI may enable competitors to replicate product functionality rapidly, potentially pressuring Trimble's competitive position in design software, ERP integrations, and collaboration platforms.

Show full overview

Trimble disclosed material weaknesses in internal controls first identified in its 2023 Form 10-K, with additional weaknesses found in a post-filing re-evaluation. The company delayed its Quarterly Reports for Q1, Q2, and Q3 2024 and its 2024 Annual Report — ultimately filed April 25, 2025 — triggering Nasdaq noncompliance notices under Listing Rule 5250(c)(1) and a 12-month restriction on Form S-3 registration statements ending April 2026. In May 2026, via Form 8-K, Audit Committee Chair Mark Peek resigned and Thomas Sweet was appointed to oversee remaining remediation, which the company anticipates completing in 2027.

See also: Technology · Scientific & Technical Instruments

From Trimble Inc.'s most recent 10-K filing, extracted June 16, 2026.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-07-06
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Wed, Aug 5, 202633d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
Strong growth profile
Wide economic moat
Risks
Concentration risk — Supplier: sole-source suppliers for certain materials
Below 200-MA, MA slope -5.8%/30d (confirmed downtrend)

Key Metrics

P/E (TTM)27.8
P/E (Fwd)13.0
Mkt Cap$12.4B
EV/EBITDA15.6
Profit Mgn12.4%
ROE8.3%
Rev Growth11.8%
Beta1.38
DividendNone
Rating analysts21

Quality Signals

Piotroski F8/9MoatWide

Options Flow

P/C1.08bearish
IV53%elevated

Concentration Risks(10-K Item 1A)

  • HIGHSuppliersole-source suppliers for certain materials
    10-K Item 1A: 'We are also dependent on a number of suppliers as the sole source of certain materials'
  • MEDIUMSupplierlimited contract manufacturers
    10-K Item 1A: 'We are dependent upon a limited number of contract manufacturers for the manufacture, testing, and assembly of certain products'

Material Events(8-K, last 90d)

  • 2026-05-26Item 5.02MEDIUM
    Board director Mark S. Peek resigned effective May 26, 2026, stepping down as Audit Committee Chair and NCG Committee member. No disagreement cited. Thomas Sweet appointed Audit Committee Chair to oversee material weakness remediation expected completed 2027.
    SEC filing →
  • 2026-03-24Item 5.02MEDIUM
    SVP Peter Large announced retirement from Trimble effective late May 2026. No disagreement cited; no successor named. No severance; departure qualifies under Age & Service Equity Vesting Program.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

2 floor-breakers

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

52w Position
2.1
Bollinger
2.5
Support Resistance
4.6

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Quality Rank
3.8
Growth Rank
4.7
Value Rank
6.8
GatesDeath cross (50MA < 200MA)Executive change: officer departure/appointmentMomentum 5.9>=5.5A.R:R 4.1 ≥ 1.5Insider activity: OKNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 33d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRecoverySuitability: Aggressive
RSI
71 · Overbought
20D MA 50D MA 200D MADEATH CROSSSupport $47.92Resistance $57.35

Price Targets

$50
$74
A.Upside+40.0%
A.R:R4.1:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Analyst Consensus

Analysts21
Consensus4.3/5
Avg Target$85

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-08-05 (33d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is TRMB stock a buy right now?

Hold if already holding. Not a fresh buy at $53.04, but acceptable to hold if already in. Reasons: Concentration risk — Supplier: sole-source suppliers for certain materials; Below 200-MA, MA slope -5.8%/30d (confirmed downtrend). Chart setup: Death cross but MACD improving, RSI 71. Maintain position. Not compelling to add more. Target $74.24 (+40.0%), stop $49.80 (−6.5%), A.R:R 4.1:1. Score 6.0/10, moderate confidence.

What is the TRMB stock price target?

Take-profit target: $74.24 (+40.0% upside). Target $74.24 (+40.0%), stop $49.80 (−6.5%), A.R:R 4.1:1. Stop-loss: $49.80.

What are the risks of investing in TRMB?

Concentration risk — Supplier: sole-source suppliers for certain materials; Below 200-MA, MA slope -5.8%/30d (confirmed downtrend).

Is TRMB overvalued or undervalued?

Trimble Inc. trades at a P/E of 27.8 (forward 13.0). TrendMatrix value score: 6.6/10. Verdict: Hold.

What do analysts say about TRMB?

21 analysts cover TRMB with a consensus score of 4.3/5. Average price target: $85.

What does Trimble Inc. do?Trimble provides positioning, modeling, and workflow solutions across three segments — AECO (construction software),...

Trimble provides positioning, modeling, and workflow solutions across three segments — AECO (construction software), Field Systems (geospatial and civil construction hardware/software), and Transportation and Logistics — sold in more than 160 countries via dealer networks and direct channels. Revenue combines hardware, perpetual licenses, and growing SaaS subscriptions; the company sold its Mobility telematics business to Platform Science in February 2025, retaining a 32.5% equity stake.

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