Trimble (NASDAQ:TRMB) Updates Q3 2026 Earnings Guidance

Key Points

• Trimble guided for Q3 2026 EPS of $0.83–$0.88 and revenue of $953 million–$978 million, broadly in line with analyst expectations. Full-year 2026 EPS guidance was set at $3.60–$3.70.
• Analyst sentiment remains favorable overall, with nine Buy ratings and three Holds; the consensus rating is Moderate Buy with an average price target of $82.62, despite several firms lowering targets.
• Trimble shares opened at $57.98 and were down 0.8%, while a company director sold 1,718 shares for approximately $103,080 under a pre-arranged trading plan.

Trimble (NASDAQ:TRMB - Get Free Report) updated its third quarter 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.830-0.880 for the period, compared to the consensus earnings per share 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.

Analysts Set New Price Targets

Several analysts recently commented on TRMB shares. Oppenheimer reaffirmed an "outperform" rating and set a $80.00 target price on shares of Trimble in a report on Tuesday, July 7th. Raymond James Financial cut shares of Trimble from a "moderate buy" rating to a "hold" rating in a report on Wednesday, July 22nd. JPMorgan Chase & Co. reduced their price objective on Trimble from $88.00 to $75.00 and set an "overweight" rating for the company in a report on Monday, July 13th. Barclays decreased their target price on Trimble from $103.00 to $79.00 and set an "overweight" rating on the stock in a research report on Friday, May 29th. Finally, Wall Street Zen upgraded Trimble from a "hold" rating to a "buy" rating in a research note on Saturday, May 9th. Nine research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Trimble has an average rating of "Moderate Buy" and a consensus price target of $82.62.

Trimble Trading Down 0.8%

TRMB stock opened at $57.98 on Wednesday. Trimble has a 52 week low of $47.92 and a 52 week high of $84.54. The company has a market capitalization of $13.52 billion, a PE ratio of 30.52, a price-to-earnings-growth ratio of 1.94 and a beta of 1.37. The company's 50-day simple moving average is $53.26 and its 200 day simple moving average is $60.78. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.88 and a current ratio of 1.01.

Trimble (NASDAQ:TRMB - Get Free Report) last issued its quarterly earnings data on Wednesday, August 12th. The scientific and technical instruments company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.06. Trimble had a net margin of 12.38% and a return on equity of 11.61%. The business had revenue of $972.00 million during the quarter, compared to analysts' expectations of $952.09 million. Trimble has set its Q3 2026 guidance at 0.830-0.880 EPS and its FY 2026 guidance at 3.600-3.700 EPS. As a group, sell-side analysts anticipate that Trimble will post 3.01 earnings per share for the current year.

Insider Activity

In related news, Director Kaigham Gabriel sold 1,718 shares of the business's stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $60.00, for a total value 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. The trade was a 8.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.59% of the company's stock.

Institutional Trading of Trimble

Large investors have recently modified their holdings of the stock. Peapack Gladstone Financial Corp grew its position in shares of Trimble by 2.6% during the second quarter. Peapack Gladstone Financial Corp now owns 5,008 shares of the scientific and technical instruments company's stock valued at $381,000 after purchasing an additional 125 shares in the last quarter. Fiduciary Trust Co boosted its holdings in Trimble by 1.9% during the 3rd quarter. Fiduciary Trust Co now owns 8,272 shares of the scientific and technical instruments company's stock valued at $675,000 after acquiring an additional 151 shares during the period. Larson Financial Group LLC grew its holdings in shares of Trimble by 11.1% in the third quarter. Larson Financial Group LLC now owns 1,547 shares of the scientific and technical instruments company's stock worth $126,000 after purchasing an additional 155 shares during the last quarter. Geneos Wealth Management Inc. increased its position in shares of Trimble by 55.4% during the second quarter. Geneos Wealth Management Inc. now owns 474 shares of the scientific and technical instruments company's stock worth $36,000 after acquiring an additional 169 shares during the period. Finally, Osaic Holdings Inc. lifted its holdings in shares of Trimble by 0.8% in the 4th quarter. Osaic Holdings Inc. now owns 23,404 shares of the scientific and technical instruments company's stock worth $1,834,000 after buying an additional 177 shares during the period. 93.21% of the stock is 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.

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