Trimble Inc. (TRMB)
NASDAQ: TRMB · IEX Real-Time Price · USD
57.97
+0.11 (0.19%)
At close: Apr 19, 2024, 4:00 PM
57.50
-0.47 (-0.81%)
After-hours: Apr 19, 2024, 7:41 PM EDT

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 11.83% from the current stock price of 57.97.

Analyst Consensus: Buy
Target Low Average Median High
Price $56 $64.83 $65 $73
Change -3.40% +11.83% +12.13% +25.93%

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 '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 222221
Buy 333444
Hold 442111
Sell 000000
Strong Sell 111100
Total 10108876

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Buy
Reiterates
$73
Buy Reiterates $73 +25.93% Apr 15, 2024
Piper Sandler
Piper Sandler
Buy
Maintains
$73
Buy Maintains $73 +25.93% Apr 2, 2024
Oppenheimer
Oppenheimer
Buy
Maintains
$65$72
Buy Maintains $65$72 +24.20% 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 +12.13% Feb 13, 2024
More Analyst Ratings

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%
Year 20192020202120222023202420252026
Revenue
3.26B3.15B3.66B3.68B3.80B3.69B3.82B4.34B
Revenue Growth
5.02%-3.57%16.25%0.47%3.33%-2.94%3.63%13.64%
EPS
2.031.551.941.801.252.773.093.55
EPS Growth
81.25%-23.65%25.16%-7.22%-30.56%121.31%11.61%15.08%
No. Analysts -----13135
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
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 202420252026
High
0.2%
10.1%
29.4%
Avg
-2.9%
3.6%
13.6%
Low
-7.7%
-3.6%
2.9%

EPS Forecast

EPS 202420252026
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 202420252026
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.