Trimble (TRMB) AI Stock Analysis

• Market Cap: $19.37B
• Dividend Yield: N/A
• Average Volume (3M): 1.29M
• Price to Earnings (P/E): 55.4
• Beta (1Y): 1.41
• 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: 1,072,784
• 30 Day Avg. Volume: 1,289,423
• 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: 1.06
• Enterprise Value/Revenue: 5.71
• Enterprise Value/Gross Profit: 8.45
• Enterprise Value/Ebitda: 29.64
• 1Y Price Target: $98.43
• Price Target Upside: 20.52% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 8
• EPS Forecast (FY): 3.09
• Revenue Forecast (FY): $3.57B

• Rating: 73 Outperform
• Price Target: $92.00 ▲(12.65% Upside)

Trimble's strong earnings call performance and positive technical indicators are significant strengths, contributing to a favorable outlook. However, concerns about profitability margins and high valuation metrics temper the overall score. The company's strategic focus on AI and innovation, along with increased guidance, supports its growth potential.

Positive Factors

Revenue Growth

Strong revenue growth indicates robust demand for Trimble's products and services, supporting long-term business expansion and market position.

Recurring Revenue Model

A high proportion of recurring revenue enhances financial predictability and stability, providing a durable competitive advantage in the industry.

AI and Technology Integration

Integration of AI enhances operational efficiency and product offerings, positioning Trimble as a leader in technological innovation and market competitiveness.

Negative Factors

Declining Profitability Margins

Decreasing profitability margins may indicate rising costs or pricing pressures, potentially impacting long-term financial performance and shareholder returns.

Challenged Freight Market

A challenging freight market could limit growth and profitability in the transportation segment, affecting overall business performance.

Impact of U.S. Federal Government Shutdown

Reduced government revenue can impact financial results, particularly if government contracts are a significant revenue source, affecting long-term stability.

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 revenue growth and efficient cost management, as seen in its income statement. However, declining profitability margins and return on equity are concerns. The balance sheet reflects low leverage, providing financial stability, while cash flow metrics indicate effective cash management. Overall, Trimble is in a stable financial position but faces challenges in maintaining profitability.

Income Statement

Trimble's income statement shows a strong gross profit margin of 68.34% for TTM, indicating efficient cost management. However, the net profit margin has decreased to 9.93% from 40.84% in the previous annual report, reflecting a significant drop in profitability. Revenue growth is positive at 71% TTM, showcasing robust sales growth. The EBIT margin is stable at 13.65%, but the EBITDA margin has decreased to 19.41%, suggesting increased operational expenses.

Balance Sheet

The balance sheet reveals a healthy debt-to-equity ratio of 0.24 TTM, indicating low financial leverage. Return on equity has decreased to 6.32% TTM from 26.18% in the previous annual report, pointing to reduced profitability for shareholders. The equity ratio is stable, reflecting a solid capital structure.

Cash Flow

Trimble's cash flow statement shows a free cash flow growth of 9.79% TTM, indicating improved cash generation. The operating cash flow to net income ratio is 0.27, suggesting moderate cash conversion efficiency. The free cash flow to net income ratio is strong at 0.92, highlighting effective cash management relative to earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.60B	3.68B	3.80B	3.68B	3.66B	3.15B
Gross Profit	2.43B	2.40B	2.33B	2.11B	2.03B	1.75B
EBITDA	693.70M	2.33B	768.60M	747.40M	819.90M	692.90M
Net Income	357.60M	1.50B	311.30M	449.70M	492.80M	389.90M
Balance Sheet
Total Assets	9.02B	9.49B	9.54B	7.27B	7.10B	6.88B
Cash, Cash Equivalents and Short-Term Investments	232.70M	738.80M	229.80M	271.00M	325.70M	237.70M
Total Debt	1.39B	1.51B	3.19B	1.63B	1.41B	1.66B
Total Liabilities	3.23B	3.74B	5.04B	3.22B	3.15B	3.28B
Stockholders Equity	5.79B	5.75B	4.50B	4.05B	3.94B	3.60B
Cash Flow
Free Cash Flow	315.20M	497.80M	555.10M	348.00M	704.40M	615.20M
Operating Cash Flow	341.00M	531.40M	597.10M	391.20M	750.50M	672.00M
Investing Cash Flow	-35.00M	1.86B	-2.07B	-226.30M	-203.50M	-231.80M
Financing Cash Flow	-1.13B	-1.86B	1.43B	-199.00M	-447.70M	-400.30M

Trimble Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 81.67
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• 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 81.67 is above the 20-day moving average (MA) of 78.77, above the 50-day MA of 79.36, and above the 200-day MA of 74.78, indicating a bullish trend. The MACD of 0.28 indicates Negative momentum. The RSI at 58.85 is Neutral, neither overbought nor oversold. The STOCH value of 91.01 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
TRMB	73 Outperform	$19.37B	55.37	6.13%	―	-0.86%	-75.37%
TDY	72 Outperform	$23.45B	28.94	8.11%	―	7.41%	-12.85%
KEYS	72 Outperform	$34.02B	40.53	15.83%	―	7.95%	39.54%
FTV	72 Outperform	$16.99B	30.54	7.79%	0.45%	-8.96%	-30.29%
FLEX	66 Neutral	$21.86B	26.09	17.45%	―	0.77%	0.51%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
JBL	61 Neutral	$22.51B	35.57	40.43%	0.15%	3.18%	-46.01%

Trimble Corporate Events

Trimble Inc. Reports Strong Q3 2025 Results

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

Trimble Inc. Reports Strong Q3 Growth Amid Challenges

Trimble Inc. recently held its earnings call, revealing a robust performance characterized by significant revenue and ARR growth. The company expressed optimism with increased full-year guidance and highlighted the successful integration of AI into its operations. Nevertheless, challenges such as the U.S. federal government shutdown and a difficult freight market were acknowledged.

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.