Trimble (TRMB) AI Stock Analysis

• Market Cap: $18.77B
• Dividend Yield: N/A
• Average Volume (3M): 1.30M
• Price to Earnings (P/E): 53.7
• Beta (1Y): 1.42
• Revenue Growth: -0.86%
• EPS Growth: -75.37%
• Country: US
• Employees: 12,100
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.81
• Shares Outstanding: 237,920,960
• 10 Day Avg. Volume: 1,487,237
• 30 Day Avg. Volume: 1,302,974
• PEG Ratio: 0.03
• Price to Book (P/B): 3.02
• Price to Sales (P/S): 4.70
• P/FCF Ratio: 34.80
• Enterprise Value/Market Cap: 1.10
• Enterprise Value/Revenue: 7.93
• Enterprise Value/Gross Profit: 11.86
• Enterprise Value/Ebitda: 43.38
• 1Y Price Target: $99.17
• Price Target Upside: 24.43% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 7
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: $85.00 ▲(6.65% Upside)

Trimble's strong earnings call performance and solid financial position are the primary drivers of its overall score. However, the high P/E ratio and mixed technical indicators suggest caution. The company's strategic focus on AI and recurring revenue models supports a positive long-term outlook, but valuation concerns and market challenges temper the score.

Positive Factors

Recurring Revenue Model

A high percentage of recurring revenue indicates a stable and predictable income stream, enhancing long-term financial stability and reducing volatility.

AI and Technology Integration

Integration of AI enhances operational efficiency and product innovation, providing a competitive edge and supporting sustainable growth.

Strong Financial Position

Low leverage and high equity base provide financial flexibility and resilience, supporting long-term strategic initiatives and growth.

Negative Factors

Revenue Decline

A decline in revenue can indicate challenges in market demand or competitive pressures, potentially impacting future growth prospects.

Decreased Cash Flow Growth

Reduced cash flow growth can limit the company's ability to invest in new opportunities and maintain financial health over time.

Challenged Freight Market

A challenging freight market may hinder growth in the transportation segment, affecting overall business performance and revenue diversification.

Trimble Business Overview & Revenue Model

Company Description

Trimble Inc. provides technology solutions that enable professionals and field mobile workers to enhance or transform their work processes worldwide. The company's Buildings and Infrastructure segment offers field and office software for route selection and design; systems to guide and control construction equipment; software for 3D design and data sharing; systems to monitor, track, and manage assets, equipment, and workers; software to share and communicate data; program management solutions for construction owners; 3D conceptual design and modeling software; building information modeling software; enterprise resource planning, project management, and project collaboration solutions; integrated site layout and measurement systems; cost estimating, scheduling, and project controls solutions; and applications for sub-contractors and trades. Its Geospatial segment provides surveying and geospatial products, and geographic information systems. The company's Resources and Utilities segment offers precision agriculture products and services, such as guidance and positioning systems, including autonomous steering systems, automated and variable-rate application and technology systems, and information management solutions; manual and automated navigation guidance for tractors and other farm equipment; solutions to automate application of pesticide and seeding; water solutions; and agricultural software. Its Transportation segment offers solutions for long haul trucking and freight shipper markets; mobility solutions comprising route management, safety and compliance, end-to-end vehicle management, video intelligence, and supply chain communications; and fleet and transportation management systems, analytics, routing, mapping, reporting, and predictive modeling solutions. The company was formerly known as Trimble Navigation Limited and changed its name to Trimble Inc. in October 2016. Trimble Inc. was founded in 1978 and is headquartered in Sunnyvale, California.

How the Company Makes Money

Trimble generates revenue through a diversified model that includes hardware sales, software licenses, subscription services, and professional services. The company sells a range of hardware products, including GPS receivers, laser systems, and surveying equipment, which contribute significantly to its revenue. Additionally, Trimble has a robust software segment that includes both one-time license fees and recurring subscription revenues for its cloud-based solutions. Professional services, such as consulting and training, also play a role in revenue generation. Strategic partnerships with industry leaders and integration with third-party platforms enhance Trimble's market reach and contribute to its earnings, allowing the company to leverage its technology across various sectors.

Trimble Financial Statement Overview

Summary

Trimble demonstrates strong profitability with solid margins and an efficient balance sheet characterized by low leverage and high return on equity. Despite a slight revenue decline and reduced cash flow growth, the company maintains a strong financial position. Continued focus on revenue growth and cash flow improvement will be key for sustaining long-term performance.

Income Statement

The income statement reveals a stable performance with a gross profit margin of approximately 66.8% and a net profit margin of about 42.4% for TTM. There is a slight revenue decline from the previous annual period, but high profitability is maintained, indicating efficiency in cost management. The EBIT and EBITDA margins are also strong, suggesting robust operating performance.

Balance Sheet

The balance sheet indicates a solid financial position with a debt-to-equity ratio of approximately 0.26, reflecting low leverage. The equity ratio stands at 60.9%, showing a strong equity base. Return on equity is high at around 27.9%, demonstrating effective use of equity in generating profits. However, total assets have slightly declined, which could be a potential risk if the trend continues.

Cash Flow

Cash flow analysis shows a decrease in operating cash flow year-over-year, yet the company maintains a positive free cash flow. The free cash flow to net income ratio is healthy, indicating good cash generation relative to net profits. Nonetheless, the lower free cash flow growth rate suggests caution in future cash flow sustainability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2018
Income Statement
Total Revenue	2.59B	3.68B	3.80B	3.68B	3.66B	3.11B
Gross Profit	1.73B	2.40B	2.33B	2.11B	2.03B	1.68B
EBITDA	474.10M	2.33B	768.60M	747.40M	819.90M	590.00M
Net Income	196.50M	1.50B	311.30M	449.70M	492.80M	282.80M
Balance Sheet
Total Assets	9.10B	9.49B	9.54B	7.27B	7.10B	5.78B
Cash, Cash Equivalents and Short-Term Investments	265.90M	738.80M	229.80M	271.00M	325.70M	172.50M
Total Debt	1.51B	1.51B	3.19B	1.63B	1.41B	1.97B
Total Liabilities	3.41B	3.74B	5.04B	3.22B	3.15B	3.10B
Stockholders Equity	5.69B	5.75B	4.50B	4.05B	3.94B	2.67B
Cash Flow
Free Cash Flow	178.10M	497.80M	555.10M	348.00M	704.40M	419.10M
Operating Cash Flow	197.00M	531.40M	597.10M	391.20M	750.50M	486.70M
Investing Cash Flow	-38.30M	1.86B	-2.07B	-226.30M	-203.50M	-1.65B
Financing Cash Flow	-566.40M	-1.86B	1.43B	-199.00M	-447.70M	989.40M

Trimble Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 79.70
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TRMB, the sentiment is Positive. The current price of 79.7 is above the 20-day moving average (MA) of 79.36, below the 50-day MA of 79.96, and above the 200-day MA of 74.51, indicating a neutral trend. The MACD of -0.13 indicates Negative momentum. The RSI at 50.36 is Neutral, neither overbought nor oversold. The STOCH value of 60.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TRMB.

Trimble Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FLEX	74 Outperform	$23.16B	28.09	17.45%	―	0.77%	0.51%
KEYS	73 Outperform	$31.08B	57.62	9.98%	―	4.80%	-39.55%
TDY	72 Outperform	$24.09B	29.73	8.11%	―	7.41%	-12.85%
FTV	72 Outperform	$16.27B	29.25	7.79%	0.47%	-8.96%	-30.29%
TRMB	66 Neutral	$18.77B	53.66	6.13%	―	-0.86%	-75.37%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
JBL	61 Neutral	$22.83B	36.07	40.43%	0.15%	3.18%	-46.01%

Trimble Corporate Events

Trimble Announces Leadership Changes Amid Digital Strategy

Trimble announced executive-level leadership changes on August 18, 2025, with the retirement of Chief Accounting Officer Julie Shepard in early 2026 after over 18 years of service. Kenny Bement will succeed her in September 2025, bringing extensive experience in financial reporting and compliance. Additionally, Jim Palermo has been appointed as the new Chief Information Officer to support Trimble’s Connect and Scale digital transformation strategy. These changes aim to enhance Trimble’s operational efficiency and strategic focus.

The most recent analyst rating on (TRMB) stock is a Buy with a $85.00 price target. To see the full list of analyst forecasts on Trimble stock, see the TRMB Stock Forecast page.

Trimble Inc. Earnings Call Highlights Strong Growth and AI Integration

Trimble’s recent earnings call conveyed a positive sentiment, underscored by strong financial performance and robust growth in annual recurring revenue (ARR). The company showcased its successful integration of AI technologies across various segments, despite facing challenges from declining federal sales and macroeconomic uncertainties. Trimble’s strategic execution and innovation are positioning it well for future growth.

Trimble Inc. Reports Record Q2 2025 Results

Trimble Inc. is a global technology company that specializes in connecting the physical and digital worlds through innovations in precise positioning, modeling, and data analytics, serving essential industries such as construction, geospatial, and transportation.