NASDAQ:TRMB - Trimble Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $62.50
  • Forecasted Upside: -20.49 %
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 6 Buy Ratings
  • 0 Strong Buy Ratings
$78.61
▼ -0.15 (-0.19%)
1 month | 3 months | 12 months
Get New Trimble Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for TRMB and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for TRMB

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$62.50
▼ -20.49% Downside Potential
This price target is based on 8 analysts offering 12 month price targets for Trimble in the last 3 months. The average price target is $62.50, with a high forecast of $81.00 and a low forecast of $53.00. The average price target represents a -20.49% upside from the last price of $78.61.

Buy

The current consensus among 8 polled investment analysts is to buy stock in Trimble. This rating has held steady since April 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/21/2019
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
3/20/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 0 sell ratings
6/18/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 4 hold ratings
  • 0 sell ratings
9/16/2020
  • 0 strong buy ratings
  • 8 buy ratings
  • 4 hold ratings
  • 0 sell ratings
12/15/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/15/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
5/14/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/13/2021

Latest Recommendations

  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/6/2021Morgan StanleyBoost Price TargetEqual Weight$76.00 ➝ $80.00High
i
5/6/2021Robert W. BairdBoost Price TargetOutperform$72.00 ➝ $81.00High
i
2/11/2021Morgan StanleyBoost Price TargetEqual Weight$70.00 ➝ $76.00Low
i
2/11/2021Craig HallumBoost Price TargetHold$44.00 ➝ $58.00Low
i
1/26/2021Morgan StanleyBoost Price TargetIn-Line ➝ Equal Weight$48.00 ➝ $70.00Low
i
11/5/2020Morgan StanleyBoost Price TargetEqual Weight$46.00 ➝ $48.00High
i
11/5/2020Needham & Company LLCBoost Price TargetBuy$50.00 ➝ $56.00High
i
Rating by Richard Valera at Needham & Company LLC
9/22/2020Sanford C. BernsteinInitiated CoverageOutperform$61.00Medium
i
8/25/2020Wolfe ResearchInitiated CoverageOutperform$56.00Low
i
8/10/2020Morgan StanleyBoost Price TargetEqual Weight$30.00 ➝ $46.00Low
i
8/10/2020Raymond JamesBoost Price TargetOutperform$44.00 ➝ $55.00Low
i
8/6/2020Craig HallumBoost Price TargetHold$38.00 ➝ $44.00High
i
Rating by Anthony Stoss at Craig Hallum
8/6/2020Needham & Company LLCBoost Price TargetBuy$42.00 ➝ $50.00High
i
8/6/2020OppenheimerReiterated RatingBuy$53.00High
i
7/27/2020OppenheimerReiterated RatingBuy$48.00Low
i
5/29/2020Craig HallumDowngradeBuy ➝ Hold$36.00 ➝ $38.00High
i
5/11/2020Needham & Company LLCBoost Price TargetBuy$34.00 ➝ $42.00Medium
i
5/7/2020Robert W. BairdBoost Price TargetOutperform$31.00 ➝ $39.00Low
i
5/7/2020Morgan StanleyBoost Price TargetEqual Weight$28.00 ➝ $30.00High
i
5/7/2020OppenheimerBoost Price TargetOutperform$40.00 ➝ $43.00High
i
3/24/2020Needham & Company LLCLower Price TargetBuy$48.00 ➝ $34.00High
i
3/23/2020Morgan StanleyLower Price TargetEqual Weight$42.00 ➝ $28.00High
i
3/19/2020The Goldman Sachs GroupLower Price TargetBuy$53.00 ➝ $35.00High
i
3/13/2020Craig HallumUpgradeHold ➝ Buy$35.00 ➝ $36.00High
i
2/18/2020Northcoast ResearchReiterated RatingNeutralLow
i
Rating by T. Hayes at Northcoast Research
2/13/2020William BlairReiterated RatingOutperformLow
i
Rating by J. Ho at William Blair
2/13/2020OppenheimerBoost Price TargetOutperform$46.00 ➝ $50.00Low
i
1/9/2020KeyCorpInitiated CoverageSector Weight ➝ Sector WeightHigh
i
8/1/2019Craig HallumReiterated RatingHold ➝ Hold$36.00 ➝ $35.00High
i
7/10/2019JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$46.00High
i
1/10/2019JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$41.00 ➝ $40.00High
i
11/2/2018Robert W. BairdBoost Price TargetOutperform ➝ Outperform$44.00 ➝ $47.00Low
i
6/6/2018The Goldman Sachs GroupDowngradeConviction-Buy ➝ BuyMedium
i
6/1/2018Edward JonesUpgradeHold ➝ BuyLow
i
Rating by David Heger at Edward Jones
5/23/2018Edward JonesUpgradeHold ➝ BuyLow
i
5/9/2018Dougherty & CoDowngradeBuy ➝ NeutralHigh
i
Rating by J. Fisher at Dougherty & Co
5/8/2018Craig HallumReiterated RatingHold ➝ Hold$40.00 ➝ $38.00High
i
4/17/2018Berenberg BankUpgradeHold ➝ Buy$44.00High
i
2/9/2018OppenheimerSet Price TargetBuy$50.00Low
i
Rating by Colin Rusch at Oppenheimer Holdings Inc.
1/31/2018OppenheimerReiterated RatingOutperform ➝ Buy$45.00 ➝ $50.00Low
i
10/29/2017Needham & Company LLCReiterated RatingBuy ➝ Buy$42.00 ➝ $45.00N/A
i
10/27/2017OppenheimerBoost Price TargetOutperform$41.00 ➝ $45.00N/A
i
10/27/2017Wells Fargo & CompanyBoost Price TargetMarket Perform$34.00 ➝ $37.00N/A
i
10/19/2017OppenheimerReiterated RatingBuyN/A
i
10/1/2017Piper Jaffray CompaniesSet Price TargetBuy$43.00Medium
i
Rating by Brett Wong at Piper Jaffray Companies
9/22/2017Robert W. BairdBoost Price TargetOutperform$40.00 ➝ $44.00Low
i
8/25/2017Piper Jaffray CompaniesSet Price TargetBuy$43.00Low
i
Rating by Brett Wong at Piper Jaffray Companies
8/23/2017Berenberg BankInitiated CoverageHold ➝ Hold$38.00Medium
i
8/17/2017Morgan StanleyBoost Price TargetEqual Weight$24.00 ➝ $38.00Low
i
8/9/2017Craig HallumReiterated RatingHold$30.00 ➝ $36.00Medium
i
8/4/2017OppenheimerReiterated RatingOutperform$39.00 ➝ $41.00Low
i
8/3/2017Needham & Company LLCReiterated RatingBuy$37.00 ➝ $42.00Low
i
8/3/2017Craig HallumReiterated RatingHold ➝ Hold$30.00 ➝ $36.00Medium
i
7/26/2017Dougherty & CoBoost Price TargetBuy ➝ Buy$40.00 ➝ $45.00Medium
i
Rating by Jon Fisher at Dougherty & Co
7/12/2017Piper Jaffray CompaniesReiterated RatingBuy$39.00Low
i
6/13/2017OppenheimerReiterated RatingOutperform$38.00 ➝ $39.00Low
i
5/1/2017OppenheimerBoost Price TargetOutperform$34.00 ➝ $38.00Medium
i
4/28/2017Dougherty & CoUpgradeNeutral ➝ BuyHigh
i
4/28/2017Needham & Company LLCBoost Price TargetBuy ➝ Buy$33.00 ➝ $37.00High
i
4/28/2017Craig HallumBoost Price TargetHold ➝ Hold$24.00 ➝ $30.00High
i
2/9/2017Needham & Company LLCBoost Price TargetBuy$27.00 ➝ $33.00N/A
i
2/9/2017Craig HallumBoost Price TargetHold$22.00 ➝ $24.00N/A
i
1/30/2017Dougherty & CoDowngradeBuy ➝ Neutral$27.00N/A
i
1/13/2017Northcoast ResearchInitiated CoverageNeutralN/A
i
11/4/2016Dougherty & CoLower Price TargetBuy$32.00 ➝ $27.00N/A
i
10/13/2016OppenheimerReiterated RatingOutperform$32.00N/A
i
Rating by Colin Rusch at Oppenheimer Holdings Inc.
9/13/2016OppenheimerReiterated RatingOutperform$32.00N/A
i
Rating by Colin Rusch at Oppenheimer Holdings Inc.
9/12/2016Dougherty & CoReiterated RatingBuy$32.00N/A
i
8/3/2016JPMorgan Chase & Co.Set Price TargetHold$29.00N/A
i
Rating by Paul Coster at JPMorgan Chase & Co.
6/28/2016JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$27.00N/A
i
6/26/2016WedbushReiterated RatingBuyN/A
i
Rating by David Rose at Wedbush
6/24/2016WedbushBoost Price TargetOutperform$27.00 ➝ $29.00N/A
i
Rating by David Rose at Wedbush
(Data available from 6/14/2016 forward)
Trimble logo
Trimble Inc. provides technology solutions that enable professionals and field mobile workers to enhance or transform their work processes worldwide. It operates through four segments: Buildings and Infrastructure, Geospatial, Resources and Utilities, and Transportation. The Buildings and Infrastructure segment offers field and office software for route selection and design; systems to guide and control construction equipment; 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; integrated site layout and measurement systems; cost estimating, scheduling, and project controls solutions; and applications for sub-contractors and trades. The Geospatial segment provides surveying and geospatial products, and geographic information systems. The Resources and Utilities segment offers precision agriculture products and services, such as guidance and positioning systems, automated and variable-rate application and technology systems, and information management solutions. This segment also provides manual and automated navigation guidance for tractors and other farm equipment; solutions to automate application of pesticide and seeding; water solutions; and agricultural software. The Transportation segment offers solutions for long haul trucking and freight shipper markets; mobility solutions, including 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 solution under Trimble brand name. 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.
Read More

Today's Range

Now: $78.61
$78.36
$79.61

50 Day Range

MA: $79.36
$73.84
$84.12

52 Week Range

Now: $78.61
$39.71
$84.86

Volume

1,071,800 shs

Average Volume

1,961,367 shs

Market Capitalization

$19.73 billion

P/E Ratio

44.92

Dividend Yield

N/A

Beta

1.53

Frequently Asked Questions

What sell-side analysts currently cover shares of Trimble?

The following Wall Street sell-side analysts have issued research reports on Trimble in the last twelve months: Craig Hallum, Morgan Stanley, Needham & Company LLC, Oppenheimer Holdings Inc., Raymond James, Robert W. Baird, Sanford C. Bernstein, Wolfe Research, and Zacks Investment Research.
View the latest analyst ratings for TRMB.

What is the current price target for Trimble?

8 Wall Street analysts have set twelve-month price targets for Trimble in the last year. Their average twelve-month price target is $62.50, suggesting a possible downside of 20.5%. Robert W. Baird has the highest price target set, predicting TRMB will reach $81.00 in the next twelve months. Oppenheimer Holdings Inc. has the lowest price target set, forecasting a price of $53.00 for Trimble in the next year.
View the latest price targets for TRMB.

What is the current consensus analyst rating for Trimble?

Trimble currently has 2 hold ratings and 6 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe TRMB will outperform the market and that investors should add to their positions of Trimble.
View the latest ratings for TRMB.

What other companies compete with Trimble?

How do I contact Trimble's investor relations team?

Trimble's physical mailing address is 935 STEWART DRIVE, SUNNYVALE CA, 94085. The scientific and technical instruments company's listed phone number is 408-481-8000 and its investor relations email address is [email protected] The official website for Trimble is www.trimble.com.