Trimble (NASDAQ:TRMB) Releases FY 2026 Earnings Guidance

Trimble (NASDAQ:TRMB) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 3.470-3.640 for the period, compared to the consensus earnings per share estimate of 3.440. The company issued revenue guidance of $3.8 billion-$3.9 billion, compared to the consensus revenue estimate of $3.9 billion. Trimble also updated its Q2 2026 guidance to 0.780-0.820 EPS.

Trimble Stock Down 3.2%

Shares of TRMB stock traded down $1.95 during mid-day trading on Friday, reaching $59.90. 626,316 shares of the company were exchanged, compared to its average volume of 1,985,869. The company has a market capitalization of $13.90 billion, a P/E ratio of 31.56, a P/E/G ratio of 2.12 and a beta of 1.45. The business’s 50 day simple moving average is $66.75 and its 200 day simple moving average is $72.92. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.96 and a current ratio of 1.01. Trimble has a fifty-two week low of $59.96 and a fifty-two week high of $87.50.

Trimble (NASDAQ:TRMB) last posted its quarterly earnings data on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.07. The firm had revenue of $939.90 million for the quarter, compared to the consensus estimate of $905.60 million. Trimble had a net margin of 12.38% and a return on equity of 11.61%. The firm’s revenue was up 11.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.61 EPS. Trimble has set its Q2 2026 guidance at 0.780-0.820 EPS and its FY 2026 guidance at 3.470-3.640 EPS. Research analysts predict that Trimble will post 3 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Barclays boosted their price target on Trimble from $101.00 to $103.00 and gave the company an “overweight” rating in a report on Friday, March 6th. Zacks Research downgraded shares of Trimble from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Trimble in a research note on Wednesday, February 11th. Wall Street Zen lowered Trimble from a “buy” rating to a “hold” rating in a report on Saturday, April 4th. Finally, Robert W. Baird dropped their target price on Trimble from $90.00 to $85.00 and set an “outperform” rating on the stock in a research report on Monday, March 30th. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $90.00.

Insiders Place Their Bets

In other Trimble news, CEO Robert G. Painter sold 7,500 shares of the business’s stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $66.94, for a total transaction of $502,050.00. Following the completion of the transaction, the chief executive officer owned 11,897 shares in the company, valued at approximately $796,385.18. The trade was a 38.67% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, VP Mark David Schwartz sold 16,725 shares of the company’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $67.01, for a total transaction of $1,120,742.25. Following the completion of the sale, the vice president directly owned 19,668 shares of the company’s stock, valued at $1,317,952.68. The trade was a 45.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 31,725 shares of company stock valued at $2,151,167 in the last quarter. 0.59% of the stock is currently owned by insiders.

Key Stories Impacting Trimble

Here are the key news stories impacting Trimble this week:

• Positive Sentiment: Q1 beat and recurring-revenue strength — Trimble reported Q1 revenue of $939.9M and adjusted EPS $0.79, with ARR rising to $2.43B, margins improving and management raising FY‑2026 guidance; results and ARR growth support the company’s subscription-style revenue outlook. TRMB Q1 Earnings Beat
• Neutral Sentiment: Mixed analyst sentiment — coverage is divergent: some outlets highlight bullish views while others flag caution after the print, leading to conflicting takeaways that can keep trading volatile until more clarity emerges. Analysts Have Conflicting Sentiments
• Negative Sentiment: Some analysts trimmed forecasts and models despite the beat — multiple analysts reduced near-term estimates after Q1, signaling cautious modeling of margins/drive-downside risk to short-term expectations. Analysts Cut Forecasts
• Negative Sentiment: Price-target trims from brokers — Wells Fargo, Oppenheimer and Piper Sandler lowered targets (Wells Fargo $79→$70, Oppenheimer $86→$80, Piper $97→$87) while keeping constructive ratings, which can pressure near-term sentiment by reducing upside expectations. Brokers Lower Targets Oppenheimer Note Piper Sandler Note
• Negative Sentiment: Relative underperformance vs. peers — commentary and market-data pieces show Trimble lagging some competitors on recent sessions, which can prompt short-term selling from momentum-focused funds. Underperformance vs. Peers

Institutional Trading of Trimble

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Peapack Gladstone Financial Corp boosted its holdings in Trimble by 2.6% during the second quarter. Peapack Gladstone Financial Corp now owns 5,008 shares of the scientific and technical instruments company’s stock worth $381,000 after buying an additional 125 shares in the last quarter. Fiduciary Trust Co boosted its stake in shares of Trimble by 1.9% during the 3rd quarter. Fiduciary Trust Co now owns 8,272 shares of the scientific and technical instruments company’s stock worth $675,000 after acquiring an additional 151 shares in the last quarter. Larson Financial Group LLC grew its holdings in shares of Trimble by 11.1% in the 3rd quarter. Larson Financial Group LLC now owns 1,547 shares of the scientific and technical instruments company’s stock worth $126,000 after acquiring an additional 155 shares during the last quarter. Geneos Wealth Management Inc. raised its position in shares of Trimble by 55.4% during the second quarter. Geneos Wealth Management Inc. now owns 474 shares of the scientific and technical instruments company’s stock worth $36,000 after purchasing an additional 169 shares during the period. Finally, Osaic Holdings Inc. lifted its holdings in shares of Trimble by 0.8% during the fourth quarter. Osaic Holdings Inc. now owns 23,404 shares of the scientific and technical instruments company’s stock valued at $1,834,000 after purchasing an additional 177 shares during the last quarter. 93.21% of the stock is currently owned by institutional investors.

About Trimble

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.