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

Analyst price target for TRMB

Based on 6 analysts offering 12 month price targets for Trimble Inc.
Min Forecast
$65.00+17.1%
Avg Forecast
$69.00+24.3%
Max Forecast
$73.00+31.51%

Should I buy or sell TRMB stock?

Based on 6 analysts offering ratings for Trimble Inc.
Buy
Strong Buy
1 analysts 16.67%
Buy
4 analysts 66.67%
Hold
1 analysts 16.67%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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TRMB stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-05-15
lockedlocked$00.00+00.00%2024-05-06
lockedlocked$00.00+00.00%2024-05-06
lockedlocked$00.00+00.00%2024-05-01
lockedlocked$00.00+00.00%2024-03-14
Baird
Top 10%
91
BuyMaintains$65.00+17.10%2024-02-13

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Forecast return on equity

Is TRMB forecast to generate an efficient return?
Company
14.41%
Industry
17.6%
Market
63.46%
TRMB's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is TRMB forecast to generate an efficient return on assets?
Company
6.8%
Industry
10.49%
TRMB is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

TRMB earnings per share forecast

What is TRMB's earnings per share in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$2.21+75.06%
Avg 2 year Forecast
$2.50+98.64%
Avg 3 year Forecast
$2.64+109.52%
TRMB's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

TRMB revenue forecast

What is TRMB's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$3.6B-4.62%
Avg 2 year Forecast
$3.7B-1.84%
Avg 3 year Forecast
$3.9B+2.97%
TRMB's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

TRMB earnings growth forecast

How is TRMB forecast to perform vs Scientific & Technical Instruments companies and vs the US market?
Company
39.88%
Industry
14.37%
Market
20.25%
TRMB's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
TRMB's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
TRMB's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

TRMB revenue growth forecast

How is TRMB forecast to perform vs Scientific & Technical Instruments companies and vs the US market?
Company
-0.74%
Industry
4.56%
Market
9.26%
TRMB's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
TRMB's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

TRMB vs Scientific & Technical Instrument Stocks

TickerPricePrice TargetUp/downsideConsensus
TRMB$55.51$69.00+24.30%Buy
COHR$73.43$66.00-10.12%Strong Buy
MKSI$137.16$145.00+5.72%Strong Buy
TDY$386.37$435.00+12.59%Buy
CGNX$46.78$48.63+3.94%Buy

Trimble Stock Forecast FAQ

Is Trimble Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NASDAQ: TRMB) stock is to Buy TRMB stock.

Out of 6 analysts, 1 (16.67%) are recommending TRMB as a Strong Buy, 4 (66.67%) are recommending TRMB as a Buy, 1 (16.67%) are recommending TRMB as a Hold, 0 (0%) are recommending TRMB as a Sell, and 0 (0%) are recommending TRMB as a Strong Sell.

If you're new to stock investing, here's how to buy Trimble stock.

What is TRMB's earnings growth forecast for 2024-2026?

(NASDAQ: TRMB) Trimble's forecast annual earnings growth rate of 39.88% is forecast to beat the US Scientific & Technical Instruments industry's average forecast earnings growth rate of 14.37%, and it is also forecast to beat the US market's average forecast earnings growth rate of 20.25%.

Trimble's earnings in 2024 is $311,300,000.On average, 7 Wall Street analysts forecast TRMB's earnings for 2024 to be $541,912,215, with the lowest TRMB earnings forecast at $535,598,055, and the highest TRMB earnings forecast at $552,796,157. On average, 7 Wall Street analysts forecast TRMB's earnings for 2025 to be $614,930,445, with the lowest TRMB earnings forecast at $577,364,875, and the highest TRMB earnings forecast at $643,700,414.

In 2026, TRMB is forecast to generate $648,614,158 in earnings, with the lowest earnings forecast at $648,614,158 and the highest earnings forecast at $648,614,158.

What is TRMB's revenue growth forecast for 2024-2026?

(NASDAQ: TRMB) Trimble's forecast annual revenue growth rate of -0.74% is not forecast to beat the US Scientific & Technical Instruments industry's average forecast revenue growth rate of 4.56%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.26%.

Trimble's revenue in 2024 is $3,798,700,000.On average, 6 Wall Street analysts forecast TRMB's revenue for 2024 to be $890,175,759,697, with the lowest TRMB revenue forecast at $886,793,138,589, and the highest TRMB revenue forecast at $895,537,145,360. On average, 6 Wall Street analysts forecast TRMB's revenue for 2025 to be $916,091,580,610, with the lowest TRMB revenue forecast at $910,187,471,963, and the highest TRMB revenue forecast at $926,461,790,833.

In 2026, TRMB is forecast to generate $960,978,382,892 in revenue, with the lowest revenue forecast at $960,978,382,892 and the highest revenue forecast at $960,978,382,892.

What is TRMB's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: TRMB) forecast ROA is 6.8%, which is lower than the forecast US Scientific & Technical Instruments industry average of 10.49%.

What is TRMB's Price Target?

According to 6 Wall Street analysts that have issued a 1 year TRMB price target, the average TRMB price target is $69.00, with the highest TRMB stock price forecast at $73.00 and the lowest TRMB stock price forecast at $65.00.

On average, Wall Street analysts predict that Trimble's share price could reach $69.00 by May 15, 2025. The average Trimble stock price prediction forecasts a potential upside of 24.3% from the current TRMB share price of $55.51.

What is TRMB's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: TRMB) Trimble's current Earnings Per Share (EPS) is $1.26. On average, analysts forecast that TRMB's EPS will be $2.21 for 2024, with the lowest EPS forecast at $2.18, and the highest EPS forecast at $2.25. On average, analysts forecast that TRMB's EPS will be $2.50 for 2025, with the lowest EPS forecast at $2.35, and the highest EPS forecast at $2.62. In 2026, TRMB's EPS is forecast to hit $2.64 (min: $2.64, max: $2.64).

What is TRMB's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: TRMB) forecast ROE is 14.41%, which is considered weak.
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