Trimble (NASDAQ:TRMB) Releases Q3 2026 Earnings Guidance

Trimble (NASDAQ:TRMB) issued an update on its third quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.830-0.880 for the period, compared to the consensus estimate of 0.840. The company issued revenue guidance of $953.0 million-$978.0 million, compared to the consensus revenue estimate of $960.1 million. Trimble also updated its FY 2026 guidance to 3.600-3.700 EPS.

Trimble Price Performance

Shares of NASDAQ:TRMB opened at $57.54 on Friday. The company has a market cap of $13.41 billion, a PE ratio of -117.43, a P/E/G ratio of 1.87 and a beta of 1.37. The company has a quick ratio of 0.88, a current ratio of 1.01 and a debt-to-equity ratio of 0.25. Trimble has a fifty-two week low of $47.92 and a fifty-two week high of $84.42. The firm has a 50-day simple moving average of $53.31 and a 200 day simple moving average of $60.58.

Trimble (NASDAQ:TRMB) last issued its earnings results on Wednesday, August 12th. The scientific and technical instruments company reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.06. Trimble had a negative net margin of 2.77% and a positive return on equity of 11.95%. The company had revenue of $972.00 million during the quarter, compared to analyst estimates of $952.09 million. During the same quarter last year, the business posted $0.71 EPS. The company’s revenue for the quarter was up 11.0% on a year-over-year basis. Trimble has set its Q3 2026 guidance at 0.830-0.880 EPS and its FY 2026 guidance at 3.600-3.700 EPS. On average, sell-side analysts anticipate that Trimble will post 3.01 EPS for the current year.

Analysts Set New Price Targets

Several analysts recently commented on the company. Raymond James Financial cut Trimble from a “moderate buy” rating to a “hold” rating in a report on Wednesday, July 22nd. Piper Sandler reaffirmed an “overweight” rating and issued a $87.00 price target on shares of Trimble in a research report on Thursday. Wall Street Zen raised Trimble from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Barclays decreased their price objective on shares of Trimble from $103.00 to $79.00 and set an “overweight” rating for the company in a report on Friday, May 29th. Finally, Wells Fargo & Company dropped their target price on Trimble from $70.00 to $61.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 14th. Nine analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $81.67.

Insider Buying and Selling at Trimble

In other Trimble news, Director Kaigham Gabriel sold 1,718 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $60.00, for a total transaction of $103,080.00. Following the completion of the sale, the director directly owned 17,426 shares in the company, valued at approximately $1,045,560. This trade represents a 8.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.59% of the company’s stock.

Key Trimble News

Here are the key news stories impacting Trimble this week:

• Positive Sentiment: Trimble reported second-quarter adjusted earnings of $0.86 per share, exceeding the $0.80 consensus estimate, while revenue rose 11% year over year to $972 million, above expectations of approximately $952 million. Field Systems performance, recurring-revenue growth and improved margins supported the results. Trimble Q2 Earnings Beat Estimates on Field Systems Strength
• Positive Sentiment: Management raised fiscal 2026 guidance to revenue of roughly $3.90 billion-$3.95 billion and non-GAAP EPS of $3.60-$3.70, above the prior outlook and the $3.47 analyst consensus for EPS. Annualized recurring revenue reached a record $2.51 billion. Trimble Announces Second Quarter 2026 Results and Raises Full Year Guidance
• Positive Sentiment: The board authorized a new $1 billion share-repurchase program, potentially supporting per-share value and signaling confidence in Trimble’s cash-generation outlook. Transportation revenue also increased 5%, with management citing early signs of improvement in freight markets. Trimble sees freight green shoots as transportation revenue rises 5%
• Positive Sentiment: JPMorgan raised its price target to $76 and reaffirmed an overweight rating, while Piper Sandler maintained its overweight rating with an $87 target. These targets imply substantial potential upside from recent trading levels.
• Neutral Sentiment: Third-quarter EPS guidance of $0.83-$0.88 brackets the $0.84 consensus estimate, while projected revenue of $953 million-$978 million is broadly consistent with expectations. This suggests continued growth but limited near-term upside surprises.
• Negative Sentiment: Trimble recorded a $562 million goodwill impairment in its Transportation and Logistics segment, producing a GAAP net loss of approximately $472 million despite much stronger adjusted earnings. The charge may weigh on sentiment and highlights ongoing challenges in that business. Trimble Slides as Transportation Unit Impairment Overshadows Strong Q2
• Negative Sentiment: Some investors viewed the outlook as modest, particularly the third-quarter guidance near consensus, which could limit enthusiasm after the earnings beat. Recent reported insider activity also showed sales without purchases, although such transactions are not necessarily indicative of business fundamentals.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. DV Equities LLC acquired a new position in Trimble during the 4th quarter valued at about $26,000. Bank of Jackson Hole Trust purchased a new stake in shares of Trimble in the 4th quarter valued at about $27,000. Quarry LP increased its position in Trimble by 175.8% during the 3rd quarter. Quarry LP now owns 364 shares of the scientific and technical instruments company’s stock worth $30,000 after purchasing an additional 232 shares during the period. Geneos Wealth Management Inc. lifted its stake in Trimble by 55.4% in the 2nd quarter. Geneos Wealth Management Inc. now owns 474 shares of the scientific and technical instruments company’s stock valued at $36,000 after buying an additional 169 shares in the last quarter. Finally, Osterweis Capital Management Inc. raised its position in shares of Trimble by 5,790.0% in the 2nd quarter. Osterweis Capital Management Inc. now owns 589 shares of the scientific and technical instruments company’s stock worth $45,000 after buying an additional 579 shares during the period. 93.21% of the stock is currently owned by institutional investors and hedge funds.

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.