Trimble (NASDAQ:TRMB) Issues Q2 2026 Earnings Guidance

Trimble (NASDAQ:TRMB - Get Free Report) updated its second quarter 2026 earnings guidance on Wednesday. The company provided EPS guidance of 0.780-0.820 for the period, compared to the consensus EPS estimate of 0.770. The company issued revenue guidance of $938.0 million-$963.0 million, compared to the consensus revenue estimate of $945.5 million. Trimble also updated its FY 2026 guidance to 3.470-3.640 EPS.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on TRMB. Wall Street Zen downgraded Trimble from a "buy" rating to a "hold" rating in a report on Saturday, April 4th. 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. Wells Fargo & Company lowered their price target on Trimble from $94.00 to $79.00 and set an "overweight" rating for the company in a report on Thursday, February 12th. Robert W. Baird lowered their price target on Trimble from $90.00 to $85.00 and set an "outperform" rating for the company in a report on Monday, March 30th. Finally, Sanford C. Bernstein reiterated an "outperform" rating on shares of Trimble in a report on Wednesday, February 11th. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $92.78.

Trimble Price Performance

Shares of TRMB opened at $68.37 on Wednesday. The company has a market cap of $15.87 billion, a P/E ratio of 39.07, a PEG ratio of 2.29 and a beta of 1.45. The stock has a fifty day moving average price of $66.89 and a 200 day moving average price of $73.13. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.09 and a quick ratio of 0.96. Trimble has a 12 month low of $62.00 and a 12 month high of $87.50.

Trimble (NASDAQ:TRMB - Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 EPS for the quarter, topping analysts' consensus estimates of $0.72 by $0.07. The firm had revenue of $939.90 million during the quarter, compared to the consensus estimate of $905.60 million. Trimble had a return on equity of 11.18% and a net margin of 11.82%.Trimble has set its Q2 2026 guidance at 0.780-0.820 EPS and its FY 2026 guidance at 3.470-3.640 EPS. On average, research analysts forecast that Trimble will post 3 earnings per share for the current year.

Insiders Place Their Bets

In related news, CEO Robert G. Painter sold 7,500 shares of the company'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 directly owned 11,897 shares in the company, valued at $796,385.18. This represents a 38.67% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 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 on Thursday, April 16th. The stock was sold at an average price of $67.01, for a total value of $1,120,742.25. Following the transaction, the vice president owned 19,668 shares of the company's stock, valued at approximately $1,317,952.68. The trade was a 45.96% decrease in their ownership of the stock. 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. Over the last 90 days, insiders have sold 31,725 shares of company stock valued at $2,151,167. 0.59% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. DV Equities LLC bought a new position in shares of Trimble in the fourth quarter worth $26,000. Bank of Jackson Hole Trust bought a new position in shares of Trimble in the fourth quarter worth $27,000. Quarry LP grew its stake in shares of Trimble by 175.8% in the third 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 in the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Trimble by 55.4% in 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 in the last quarter. Finally, Osterweis Capital Management Inc. grew its stake in shares of Trimble by 5,790.0% in the second quarter. Osterweis Capital Management Inc. now owns 589 shares of the scientific and technical instruments company's stock worth $45,000 after purchasing an additional 579 shares in the last quarter. Institutional investors own 93.21% of the company's stock.

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.

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