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

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Analyst price target for TRMB

Based on 6 analysts offering 12 month price targets for Trimble Inc.
Min Forecast
$65.00+19.77%
Avg Forecast
$78.83+45.26%
Max Forecast
$100.00+84.26%

Should I buy or sell TRMB stock?

Based on 7 analysts offering ratings for Trimble Inc.
Hold
Strong Buy
1 analysts 14.29%
Buy
1 analysts 14.29%
Hold
4 analysts 57.14%
Sell
0 analysts 0%
Strong Sell
1 analysts 14.29%

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TRMB stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Piper Sandler
Bottom 6%
6
HoldDowngrades$70.00+28.98%2022-09-08
Wolfe Research
Bottom 23%
23
HoldInitiates Coverage OnN/AN/A2022-08-17
JP Morgan
Top 10%
91
HoldMaintains$65.00+19.77%2022-07-12
Anonymous
Morgan Stanley
HoldUpgrades$67.00+23.46%2022-05-23
Raymond James
Bottom 6%
6
BuyMaintains$85.00+56.62%2022-05-09
Piper Sandler
Top 4%
97
Strong BuyMaintains$100.00+84.26%2022-05-05
JP Morgan
Bottom 20%
20
HoldMaintains$77.00+41.88%2022-03-28
Morgan Stanley
Top 12%
89
Strong SellMaintains$76.00+40.04%2021-12-15

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Forecast return on equity

Is TRMB forecast to generate an efficient return?
Company
18.95%
Industry
21.14%
Market
110.02%
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
10.67%
Industry
11.78%
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 8 analysts?
Avg 1 year Forecast
$2.37+15.05%
Avg 2 year Forecast
$2.69+30.58%
Avg 3 year Forecast
$2.98+44.66%
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 7 analysts?
Avg 1 year Forecast
$3.8B+0.84%
Avg 2 year Forecast
$4.0B+7.51%
Avg 3 year Forecast
$4.1B+9.36%
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
14.17%
Industry
14.92%
Market
19.13%
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
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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
3.3%
Industry
4.28%
Market
8.53%
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$54.27$78.83+45.26%Hold
GRMN$80.31$130.00+61.87%Buy
TDY$337.47$458.50+35.86%Sell
CGNX$41.45$57.75+39.32%Buy
FTV$58.30$71.09+21.94%Buy

Trimble Stock Forecast FAQ

Is Trimble Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NASDAQ: TRMB) stock is to Hold TRMB stock.

Out of 7 analysts, 1 (14.29%) are recommending TRMB as a Strong Buy, 1 (14.29%) are recommending TRMB as a Buy, 4 (57.14%) are recommending TRMB as a Hold, 0 (0%) are recommending TRMB as a Sell, and 1 (14.29%) 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 2022-2024?

(NASDAQ: TRMB) Trimble's forecast annual earnings growth rate of 14.17% is not forecast to beat the US Scientific & Technical Instruments industry's average forecast earnings growth rate of 14.92%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.13%.

Trimble's earnings in 2022 is $517,600,000.On average, 8 Wall Street analysts forecast TRMB's earnings for 2022 to be $586,948,081, with the lowest TRMB earnings forecast at $577,041,784, and the highest TRMB earnings forecast at $604,284,100. On average, 8 Wall Street analysts forecast TRMB's earnings for 2023 to be $666,198,454, with the lowest TRMB earnings forecast at $616,666,971, and the highest TRMB earnings forecast at $698,393,919.

In 2024, TRMB is forecast to generate $738,019,106 in earnings, with the lowest earnings forecast at $738,019,106 and the highest earnings forecast at $738,019,106.

What is TRMB's revenue growth forecast for 2022-2024?

(NASDAQ: TRMB) Trimble's forecast annual revenue growth rate of 3.3% is not forecast to beat the US Scientific & Technical Instruments industry's average forecast revenue growth rate of 4.28%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.53%.

Trimble's revenue in 2022 is $3,762,300,000.On average, 7 Wall Street analysts forecast TRMB's revenue for 2022 to be $939,546,862,334, with the lowest TRMB revenue forecast at $936,655,214,321, and the highest TRMB revenue forecast at $943,738,959,448. On average, 7 Wall Street analysts forecast TRMB's revenue for 2023 to be $1,001,729,182,160, with the lowest TRMB revenue forecast at $940,924,828,207, and the highest TRMB revenue forecast at $1,026,191,543,623.

In 2024, TRMB is forecast to generate $1,018,974,063,490 in revenue, with the lowest revenue forecast at $1,018,974,063,490 and the highest revenue forecast at $1,018,974,063,490.

What is TRMB's forecast return on assets (ROA) for 2022-2024?

(NASDAQ: TRMB) forecast ROA is 10.67%, which is lower than the forecast US Scientific & Technical Instruments industry average of 11.78%.

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 $78.83, with the highest TRMB stock price forecast at $100.00 and the lowest TRMB stock price forecast at $65.00.

On average, Wall Street analysts predict that Trimble's share price could reach $78.83 by Sep 8, 2023. The average Trimble stock price prediction forecasts a potential upside of 45.26% from the current TRMB share price of $54.27.

What is TRMB's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: TRMB) Trimble's current Earnings Per Share (EPS) is $2.06. On average, analysts forecast that TRMB's EPS will be $2.37 for 2022, with the lowest EPS forecast at $2.33, and the highest EPS forecast at $2.44. On average, analysts forecast that TRMB's EPS will be $2.69 for 2023, with the lowest EPS forecast at $2.49, and the highest EPS forecast at $2.82. In 2024, TRMB's EPS is forecast to hit $2.98 (min: $2.98, max: $2.98).

What is TRMB's forecast return on equity (ROE) for 2022-2024?

(NASDAQ: TRMB) forecast ROE is 18.95%, which is considered weak.
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