Trimble Inc. (TRMB)
NASDAQ: TRMB · IEX Real-Time Price · USD
59.51
-0.18 (-0.30%)
Apr 24, 2024, 4:00 PM EDT - Market closed
Trimble Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Trimble stock have an average target of 64.83, with a low estimate of 56 and a high estimate of 73. The average target predicts an increase of 8.94% from the current stock price of 59.51.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 3 | 3 | 3 | 4 | 4 | 4 |
| Hold | 4 | 4 | 2 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Total | 10 | 10 | 8 | 8 | 7 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Reiterates $73 | Buy | Reiterates | $73 | +22.67% | Apr 15, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $73 | Buy | Maintains | $73 | +22.67% | Apr 2, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $65 → $72 | Buy | Maintains | $65 → $72 | +20.99% | Mar 14, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains n/a | Buy | Maintains | n/a | n/a | Mar 12, 2024 |
| Baird | Baird | Buy Maintains $59 → $65 | Buy | Maintains | $59 → $65 | +9.23% | Feb 13, 2024 |
Financial Forecast
Revenue This Year
3.69B
from 3.80B
Decreased by -2.94%
Revenue Next Year
3.82B
from 3.69B
Increased by 3.63%
EPS This Year
2.77
from 1.25
Increased by 121.31%
EPS Next Year
3.09
from 2.77
Increased by 11.61%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.8B | 4.1B | 4.9B |
| Avg | 3.7B | 3.8B | 4.3B |
| Low | 3.5B | 3.6B | 3.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.2% | 10.1% | 29.4% |
| Avg | -2.9% | 3.6% | 13.6% |
| Low | -7.7% | -3.6% | 2.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.89 | 3.52 | 3.82 |
| Avg | 2.77 | 3.09 | 3.55 |
| Low | 2.64 | 2.67 | 3.33 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 131.0% | 27.2% | 23.8% |
| Avg | 121.3% | 11.6% | 15.1% |
| Low | 110.9% | -3.4% | 7.9% |
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.