Trimble Inc. (TRMB)
NASDAQ: TRMB · Real-Time Price · USD
69.88
-0.74 (-1.05%)
Nov 18, 2024, 4:00 PM EST - Market closed
Trimble Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Trimble stock have an average target of 74.83, with a low estimate of 65 and a high estimate of 84. The average target predicts an increase of 7.08% from the current stock price of 69.88.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Trimble stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 7 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy Maintains $66 → $82 | Buy | Maintains | $66 → $82 | +17.34% | Nov 8, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $66 → $74 | Hold | Maintains | $66 → $74 | +5.90% | Nov 7, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $73 → $84 | Buy | Maintains | $73 → $84 | +20.21% | Nov 7, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $58 → $66 | Hold | Maintains | $58 → $66 | -5.55% | Sep 19, 2024 |
| Piper Sandler | Piper Sandler | Buy Reiterates $73 | Buy | Reiterates | $73 | +4.46% | Aug 19, 2024 |
Financial Forecast
Revenue This Year
3.72B
from 3.80B
Decreased by -2.20%
Revenue Next Year
3.62B
from 3.72B
Decreased by -2.61%
EPS This Year
2.88
from 1.25
Increased by 130.26%
EPS Next Year
3.04
from 2.88
Increased by 5.54%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.8B | 4.1B | 4.9B |
| Avg | 3.7B | 3.6B | 4.0B |
| Low | 3.6B | 3.3B | 3.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.0% | 10.6% | 36.7% |
| Avg | -2.2% | -2.6% | 11.2% |
| Low | -6.5% | -10.7% | -0.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.01 | 3.43 | 3.82 |
| Avg | 2.88 | 3.04 | 3.45 |
| Low | 2.69 | 2.59 | 3.19 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 141.1% | 19.3% | 25.8% |
| Avg | 130.3% | 5.5% | 13.5% |
| Low | 114.8% | -10.1% | 5.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.