Trimble (NASDAQ:TRMB) Updates Q2 2026 Earnings Guidance

Trimble (NASDAQ:TRMB) updated its second quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.780-0.820 for the period, compared to the consensus earnings per share 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 analysts have weighed in on the stock. Piper Sandler decreased their target price on shares of Trimble from $97.00 to $87.00 and set an “overweight” rating on the stock in a research note on Wednesday. Zacks Research cut shares of Trimble from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Sanford C. Bernstein reissued an “outperform” rating on shares of Trimble in a research note on Wednesday, February 11th. Weiss Ratings reissued a “hold (c)” rating on shares of Trimble in a research note on Wednesday, January 21st. Finally, Barclays boosted their price objective on shares of Trimble from $101.00 to $103.00 and gave the stock an “overweight” rating in a research note on Friday, March 6th. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Trimble presently has an average rating of “Moderate Buy” and an average target price of $90.00.

Trimble Trading Down 0.7%

Shares of Trimble stock traded down $0.46 during trading on Thursday, hitting $62.96. The company’s stock had a trading volume of 1,005,313 shares, compared to its average volume of 1,971,476. 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 52 week low of $62.01 and a 52 week high of $87.50. The stock has a market cap of $14.61 billion, a price-to-earnings ratio of 35.97, a price-to-earnings-growth ratio of 2.28 and a beta of 1.45. The stock has a 50-day moving average price of $66.85 and a two-hundred day moving average price of $73.03.

Trimble (NASDAQ:TRMB) last issued its quarterly earnings data on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.07. Trimble had a net margin of 11.82% and a return on equity of 11.18%. The company had revenue of $939.90 million for the quarter, compared to analysts’ expectations of $905.60 million. During the same quarter in the previous year, the firm posted $0.61 earnings per share. Trimble’s revenue for the quarter was up 11.8% on a year-over-year basis. Trimble has set its Q2 2026 guidance at 0.780-0.820 EPS and its FY 2026 guidance at 3.470-3.640 EPS. Equities research analysts anticipate that Trimble will post 3 EPS for the current fiscal year.

Insider Buying and Selling at Trimble

In related news, VP Mark David Schwartz sold 16,725 shares of the business’s stock in a transaction on Thursday, April 16th. The shares were 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 in the company, valued at $1,317,952.68. The trade was a 45.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at 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, CEO Robert G. Painter sold 7,500 shares of the business’s stock in a transaction on Tuesday, April 14th. The shares were 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 owned 11,897 shares in the company, valued at approximately $796,385.18. The trade was a 38.67% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. In the last 90 days, insiders sold 31,725 shares of company stock worth $2,151,167. 0.59% of the stock is owned by company insiders.

More Trimble News

Here are the key news stories impacting Trimble this week:

• Positive Sentiment: Q1 results beat on both EPS and revenue, with EPS $0.79 vs. consensus $0.72 and revenue $939.9M (up 11.8% y/y); management raised FY26 EPS guidance and gave Q2 EPS guidance above consensus — a clear fundamental catalyst supporting the stock. Trimble Announces First Quarter 2026 Results
• Positive Sentiment: Company reported record annualized recurring revenue, best-in-class gross and operating margins for the quarter, and announced $317M of share repurchases — items that tend to support multiple expansion and shareholder returns. Trimble Announces First Quarter 2026 Results
• Positive Sentiment: Coverage noting upside to fiscal 2026 sales (could top ~$3.9B) underscores revenue momentum across Trimble’s verticals. Trimble: 2026 sales could top $3.9B
• Neutral Sentiment: Investors can access the earnings transcript, slide deck and conference call for more detail on guidance and segment-level performance; these disclosures reduce uncertainty but are informational rather than directional. Trimble Q1 disclosure and call materials
• Negative Sentiment: Oppenheimer trimmed its price target from $86 to $80 (still “Outperform”), reducing modeled upside and likely capping near-term sentiment. Oppenheimer price target cut
• Negative Sentiment: Piper Sandler lowered its target from $97 to $87 (remains “Overweight”), another analyst action that narrows upside expectations despite the beat. Piper Sandler price target cut
• Negative Sentiment: Market commentary flagged that Trimble underperformed peers on the session, which can pressure sentiment in the short term even with solid fundamentals. Trimble underperforms peers

Hedge Funds Weigh In On Trimble

Hedge funds and other institutional investors have recently bought and sold shares of the company. DV Equities LLC acquired a new position in Trimble in the fourth quarter valued at $26,000. Bank of Jackson Hole Trust acquired a new position in Trimble in the fourth quarter valued at $27,000. Quarry LP raised its holdings in shares of Trimble by 175.8% during the third quarter. Quarry LP now owns 364 shares of the scientific and technical instruments company’s stock valued at $30,000 after purchasing an additional 232 shares during the period. Geneos Wealth Management Inc. raised its holdings 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 valued at $36,000 after purchasing an additional 169 shares during the period. Finally, Osterweis Capital Management Inc. raised its holdings in shares of Trimble by 5,790.0% during the second quarter. Osterweis Capital Management Inc. now owns 589 shares of the scientific and technical instruments company’s stock valued at $45,000 after purchasing an additional 579 shares during the period. Institutional investors and hedge funds own 93.21% of the company’s stock.

Trimble Company Profile

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.