Trimble (TRMB) AI Stock Analysis

• Market Cap: $20.30B
• Dividend Yield: N/A
• Average Volume (3M): 1.58M
• Price to Earnings (P/E): 13.8
• Beta (1Y): 1.19
• Revenue Growth: -6.93%
• EPS Growth: 537.94%
• Country: US
• Employees: 12,100
• Sector: Technology
• Sector Strength: 96
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.61
• Shares Outstanding: 238,586,910
• 10 Day Avg. Volume: 1,906,079
• 30 Day Avg. Volume: 1,575,548
• PEG Ratio: 20.88
• Price to Book (P/B): 3.82
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 48.35
• Enterprise Value/Market Cap: 1.05
• Enterprise Value/Revenue: 2.33
• Enterprise Value/Gross Profit: 17.81
• Enterprise Value/Ebitda: 13.98
• 1Y Price Target: $87.67
• Price Target Upside: 3.52% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5

• Rating: 76 Outperform
• Price Target: $89.00 ▲(5.09%Upside)

Trimble's overall score is driven by strong earnings results and bullish technical indicators, which highlight the company's growth potential and market confidence. The valuation remains appealing despite the absence of a dividend. Notably, the company's strategic focus on AI and ARR growth supports its long-term resilience, though macroeconomic risks and revenue challenges in certain regions are considerations.

Positive Factors

Business Model Resilience

Trimble demonstrated its resilient business model amidst a lot of uncertainty.

Financial Performance

Trimble delivered another solid quarter, beating Street consensus revenue by $29.7 million.

Innovation and Technology

Trimble's platform delivers innovation such as AI and new software delivery models, instilling customer confidence.

Negative Factors

Customer Purchasing Decisions

Larger contractors, who are 10% of the business, are slowing buying decisions amidst the uncertainty.

Tariff Impact

Trimble faces a $10 million headwind from tariffs, which has led to a 4% price increase passed on to customers.

Trimble Business Overview & Revenue Model

Company Description

Trimble Inc. is a technology company that provides advanced location-based solutions across various industries including agriculture, construction, geospatial, and transportation. The company's core products and services include GPS systems, laser rangefinders, unmanned aerial vehicles (UAVs), software solutions, and analytics tools that enhance productivity, improve safety, and optimize workflows.

How the Company Makes Money

Trimble makes money through the sale of its hardware products such as GPS systems, laser rangefinders, and UAVs, which are used in various industries for precise location tracking and data collection. Additionally, the company generates revenue through software solutions and subscription-based services that provide analytics and insights to enhance operational efficiency. Trimble also benefits from strategic partnerships and collaborations with industry leaders, which extend its market reach and enhance its product offerings. Services such as installation, maintenance, and training further contribute to its revenue streams.

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	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.68B	3.80B	3.68B	3.66B	3.15B
Gross Profit	2.40B	2.33B	2.11B	2.03B	1.75B
EBITDA	2.33B	768.60M	747.40M	845.80M	692.90M
Net Income	1.50B	311.30M	449.70M	492.80M	389.90M
Balance Sheet
Total Assets	9.49B	9.54B	7.27B	7.10B	6.88B
Cash, Cash Equivalents and Short-Term Investments	738.80M	229.80M	271.00M	325.70M	237.70M
Total Debt	1.51B	3.22B	1.63B	1.41B	1.66B
Total Liabilities	3.74B	5.04B	3.22B	3.15B	3.28B
Stockholders Equity	5.75B	4.50B	4.05B	3.94B	3.60B
Cash Flow
Free Cash Flow	497.80M	555.10M	348.00M	704.40M	615.20M
Operating Cash Flow	531.40M	597.10M	391.20M	750.50M	672.00M
Investing Cash Flow	1.86B	-2.07B	-226.30M	-203.50M	-231.80M
Financing Cash Flow	-1.86B	1.43B	-199.00M	-447.70M	-400.30M

Trimble Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 84.69
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

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 84.69 is above the 20-day moving average (MA) of 81.14, above the 50-day MA of 75.82, and above the 200-day MA of 70.41, indicating a bullish trend. The MACD of 2.76 indicates Negative momentum. The RSI at 76.50 is Negative, neither overbought nor oversold. The STOCH value of 84.47 is Negative, 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
KEYS	78 Outperform	$28.67B	39.13	14.30%	―	-1.16%	-7.04%
TDY	77 Outperform	$26.10B	30.44	8.72%	―	6.47%	-1.48%
TRMB	76 Outperform	$20.30B	13.79	31.00%	―	-6.93%	537.94%
FLEX	71 Outperform	$18.95B	22.75	17.67%	―	-3.63%	2.26%
FTV	68 Neutral	$17.38B	22.51	7.70%	0.44%	0.85%	-10.01%
JBL	67 Neutral	$24.12B	43.70	32.41%	0.14%	-6.13%	-53.35%
Sector *	63 Neutral	$34.93B	5.90	-12.00%	2.00%	5.61%	-19.55%

Trimble Corporate Events

Trimble Holds Annual Stockholders’ Meeting, Elects Directors

On June 17, 2025, Trimble Inc. held its annual stockholders’ meeting where key proposals were voted on. The election of directors saw James C. Dalton, Borje Ekholm, Kaigham Gabriel, and others elected for the upcoming year. Additionally, the advisory vote on executive compensation was approved, and KPMG’s appointment as the independent registered public accounting firm for the fiscal year ending January 2, 2026, was ratified. These decisions reflect ongoing shareholder support and strategic continuity for Trimble’s leadership and financial oversight.

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.