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NASDAQ: TRMB
Trimble Inc Stock Forecast, Predictions & Price Target

Analyst price target for TRMB

Based on 4 analysts offering 12 month price targets for Trimble Inc.
Min Forecast
$74.00-11.92%
Avg Forecast
$83.00-1.2%
Max Forecast
$101.00+20.22%

Should I buy or sell TRMB stock?

Based on 4 analysts offering ratings for Trimble Inc.
Hold
Strong Buy
1 analysts 25%
Buy
1 analysts 25%
Hold
1 analysts 25%
Sell
0 analysts 0%
Strong Sell
1 analysts 25%

TRMB stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Piper Sandler
Top 4%
97
Strong BuyInitiates Coverage On$101.00+20.22%2021-10-15
Morgan Stanley
Top 7%
94
Strong SellDowngrades$74.00-11.92%2021-09-23
Baird
Top 19%
82
BuyMaintains$81.00-3.58%2021-05-06
Anonymous
Morgan Stanley
HoldMaintains$80.00-4.77%2021-05-06
Morgan Stanley
Top 6%
95
HoldMaintains$76.00-9.53%2021-02-11

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Forecast return on equity

Is TRMB forecast to generate an efficient return?
Company
17.14%
Industry
14.94%
Market
46.73%
TRMB's Return on Equity is forecast to be low in 3 years (17.14%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is TRMB forecast to generate an efficient return on assets?
Company
9.5%
Industry
9.44%
TRMB is forecast to generate higher Return on Assets (9.5%) than the US Scientific & Technical Instruments industry average (9.44%)
Forecast

TRMB earnings per share forecast

What is TRMB's earnings per share in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$2.17-2.25%
Avg 2 year Forecast
$2.40+8.11%
Avg 3 year Forecast
$2.65+19.37%
TRMB's earnings are forecast to grow at a rate of 4.09% per year, which is not exceptional
Forecast

TRMB revenue forecast

What is TRMB's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$3.6B+1.69%
Avg 2 year Forecast
$3.9B+9.46%
Avg 3 year Forecast
$4.1B+15.84%
TRMB's revenue is forecast to grow at a rate of 4.43% per year, which is not exceptional
Forecast

TRMB earnings growth forecast

How is TRMB forecast to perform vs Scientific & Technical Instruments companies and vs the US market?
Company
4.09%
Industry
15.05%
Market
17.66%
TRMB's earnings are forecast to grow slower (4.09% per year) than the US Scientific & Technical Instruments industry average (15.05%)
Forecast
TRMB's earnings are forecast to grow slower (4.09% per year) than the US market average (17.66%)
Forecast
TRMB's earnings are forecast to grow faster (4.09% per year) than the risk-free savings rate (1.4%)
Forecast

TRMB revenue growth forecast

How is TRMB forecast to perform vs Scientific & Technical Instruments companies and vs the US market?
Company
4.43%
Industry
10.68%
Market
10.77%
TRMB's revenues are forecast to grow slower (4.43% per year) than the US Scientific & Technical Instruments industry average (10.68%)
Forecast
TRMB's revenues are forecast to grow slower (4.43% per year) than the US market average (10.77%)
Forecast

Trimble Stock Forecast FAQ

Is Trimble Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NASDAQ: TRMB) stock is to Hold TRMB stock.

Out of 4 analysts, 1 (25%) are recommending TRMB as a Strong Buy, 1 (25%) are recommending TRMB as a Buy, 1 (25%) are recommending TRMB as a Hold, 0 (0%) are recommending TRMB as a Sell, and 1 (25%) are recommending TRMB as a Strong Sell.

What is TRMB's earnings growth forecast for 2021-2023?

(NASDAQ: TRMB) Trimble's forecast annual earnings growth rate of 4.09% is not forecast to beat the US Scientific & Technical Instruments industry's average forecast earnings growth rate of 15.05%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.66%.

Trimble's earnings in 2021 is $557,700,000.On average, 5 Wall Street analysts forecast TRMB's earnings for 2021 to be $544,688,204, with the lowest TRMB earnings forecast at $522,097,449, and the highest TRMB earnings forecast at $557,238,624. On average, 5 Wall Street analysts forecast TRMB's earnings for 2022 to be $602,420,134, with the lowest TRMB earnings forecast at $567,278,959, and the highest TRMB earnings forecast at $647,601,644.

In 2023, TRMB is forecast to generate $665,172,231 in earnings, with the lowest earnings forecast at $612,460,469 and the highest earnings forecast at $717,883,993.

What is TRMB's revenue growth forecast for 2021-2023?

(NASDAQ: TRMB) Trimble's forecast annual revenue growth rate of 4.43% is not forecast to beat the US Scientific & Technical Instruments industry's average forecast revenue growth rate of 10.68%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.77%.

Trimble's revenue in 2021 is $3,562,800,000.On average, 7 Wall Street analysts forecast TRMB's revenue for 2021 to be $909,370,511,248, with the lowest TRMB revenue forecast at $907,112,690,789, and the highest TRMB revenue forecast at $912,013,880,593. On average, 7 Wall Street analysts forecast TRMB's revenue for 2022 to be $978,909,122,311, with the lowest TRMB revenue forecast at $965,157,376,712, and the highest TRMB revenue forecast at $989,876,682,860.

In 2023, TRMB is forecast to generate $1,035,975,377,534 in revenue, with the lowest revenue forecast at $990,584,526,517 and the highest revenue forecast at $1,075,771,753,576.

What is TRMB's forecast return on assets (ROA) for 2021-2023?

(NASDAQ: TRMB) forecast ROA is 9.5%, which is higher than the forecast US Scientific & Technical Instruments industry average of 9.44%.

What is TRMB's Price Target?

According to 4 Wall Street analysts that have issued a 1 year TRMB price target, the average TRMB price target is $83.00, with the highest TRMB stock price forecast at $101.00 and the lowest TRMB stock price forecast at $74.00.

On average, Wall Street analysts predict that Trimble's share price could stay at $83.00 by Oct 15, 2022. The average Trimble stock price prediction forecasts a potential downside of N/A from the current TRMB share price of $84.01.

What is TRMB's Earnings Per Share (EPS) forecast for 2021-2023?

(NASDAQ: TRMB) Trimble's current Earnings Per Share (EPS) is $2.22. On average, analysts forecast that TRMB's EPS will be $2.17 for 2021, with the lowest EPS forecast at $2.08, and the highest EPS forecast at $2.22. On average, analysts forecast that TRMB's EPS will be $2.40 for 2022, with the lowest EPS forecast at $2.26, and the highest EPS forecast at $2.58. In 2023, TRMB's EPS is forecast to hit $2.65 (min: $2.44, max: $2.86).

What is TRMB's forecast return on equity (ROE) for 2021-2023?

(NASDAQ: TRMB) forecast ROE is 17.14%, which is considered weak.
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