NASDAQ:TRMB - Trimble Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $83.80
  • Forecasted Upside: 24.96 %
  • Number of Analysts: 5
  • Breakdown:
  • 1 Sell Ratings
  • 1 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$67.06
▲ +1.76 (2.70%)

This chart shows the closing price for TRMB by one month, three months, or twelve months.

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Analyst Price Target for TRMB

Analyst Price Target is $83.80
▲ +24.96% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Trimble in the last 3 months. The average price target is $83.80, with a high forecast of $102.00 and a low forecast of $70.00. The average price target represents a 24.96% upside from the last price of $67.06.

This chart shows the closing price for TRMB for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 5 contributing investment analysts is to hold stock in Trimble. This rating has held steady since March 2022, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 8 buy ratings
  • 3 hold ratings
  • 1 sell ratings
11/22/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 1 sell ratings
2/20/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 1 sell ratings
5/21/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 1 sell ratings
8/19/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 1 sell ratings
11/17/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 1 sell ratings
2/15/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 1 sell ratings
4/16/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 1 sell ratings
5/16/2022

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/6/2022Robert W. BairdLower Price Target$90.00 ➝ $80.00Medium
5/5/2022William BlairReiterated RatingOutperformLow
3/28/2022JPMorgan Chase & Co.Lower Price TargetNeutral$79.00 ➝ $77.00Low
2/10/2022Piper SandlerBoost Price TargetOverweight$101.00 ➝ $102.00High
2/10/2022Raymond JamesLower Price TargetOutperform$95.00 ➝ $90.00High
1/25/2022Morgan StanleyLower Price TargetUnderweight$76.00 ➝ $70.00Low
12/15/2021Morgan StanleyBoost Price TargetUnderweight$74.00 ➝ $76.00High
10/14/2021Piper SandlerInitiated CoverageOverweight$101.00Medium
9/23/2021Morgan StanleyDowngradeEqual Weight ➝ Underweight$80.00 ➝ $74.00Medium
5/6/2021Morgan StanleyBoost Price TargetEqual Weight$76.00 ➝ $80.00High
5/6/2021Robert W. BairdBoost Price TargetOutperform$72.00 ➝ $81.00High
2/11/2021Morgan StanleyBoost Price TargetEqual Weight$70.00 ➝ $76.00Low
2/11/2021Craig HallumBoost Price TargetHold$44.00 ➝ $58.00Low
1/26/2021Morgan StanleyBoost Price TargetIn-Line ➝ Equal Weight$48.00 ➝ $70.00Low
11/5/2020Morgan StanleyBoost Price TargetEqual Weight$46.00 ➝ $48.00High
11/5/2020Needham & Company LLCBoost Price TargetBuy$50.00 ➝ $56.00High
9/22/2020Sanford C. BernsteinInitiated CoverageOutperform$61.00Medium
8/25/2020Wolfe ResearchInitiated CoverageOutperform$56.00Low
8/10/2020Morgan StanleyBoost Price TargetEqual Weight$30.00 ➝ $46.00Low
8/10/2020Raymond JamesBoost Price TargetOutperform$44.00 ➝ $55.00Low
8/6/2020Craig HallumBoost Price TargetHold$38.00 ➝ $44.00High
8/6/2020Needham & Company LLCBoost Price TargetBuy$42.00 ➝ $50.00High
8/6/2020OppenheimerReiterated RatingBuy$53.00High
7/27/2020OppenheimerReiterated RatingBuy$48.00Low
5/29/2020Craig HallumDowngradeBuy ➝ Hold$36.00 ➝ $38.00High
5/11/2020Needham & Company LLCBoost Price TargetBuy$34.00 ➝ $42.00Medium
5/7/2020Robert W. BairdBoost Price TargetOutperform$31.00 ➝ $39.00Low
5/7/2020Morgan StanleyBoost Price TargetEqual Weight$28.00 ➝ $30.00High
5/7/2020OppenheimerBoost Price TargetOutperform$40.00 ➝ $43.00High
3/24/2020Needham & Company LLCLower Price TargetBuy$48.00 ➝ $34.00High
3/23/2020Morgan StanleyLower Price TargetEqual Weight$42.00 ➝ $28.00High
3/19/2020The Goldman Sachs GroupLower Price TargetBuy$53.00 ➝ $35.00High
3/13/2020Craig HallumUpgradeHold ➝ Buy$35.00 ➝ $36.00High
2/18/2020Northcoast ResearchReiterated RatingNeutralLow
2/13/2020William BlairReiterated RatingOutperformLow
2/13/2020OppenheimerBoost Price TargetOutperform$46.00 ➝ $50.00Low
1/9/2020KeyCorpInitiated CoverageSector Weight ➝ Sector WeightHigh
8/1/2019Craig HallumReiterated RatingHold ➝ Hold$36.00 ➝ $35.00High
7/10/2019JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$46.00High
1/10/2019JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$41.00 ➝ $40.00High
11/2/2018Robert W. BairdBoost Price TargetOutperform ➝ Outperform$44.00 ➝ $47.00Low
6/6/2018The Goldman Sachs GroupDowngradeConviction-Buy ➝ BuyMedium
6/1/2018Edward JonesUpgradeHold ➝ BuyLow
5/23/2018Edward JonesUpgradeHold ➝ BuyLow
5/9/2018Dougherty & CoDowngradeBuy ➝ NeutralHigh
5/8/2018Craig HallumReiterated RatingHold ➝ Hold$40.00 ➝ $38.00High
4/17/2018Berenberg BankUpgradeHold ➝ Buy$44.00High
2/9/2018OppenheimerSet Price TargetBuy$50.00Low
1/31/2018OppenheimerReiterated RatingOutperform ➝ Buy$45.00 ➝ $50.00Low
10/29/2017Needham & Company LLCReiterated RatingBuy ➝ Buy$42.00 ➝ $45.00N/A
10/27/2017OppenheimerBoost Price TargetOutperform$41.00 ➝ $45.00N/A
10/27/2017Wells Fargo & CompanyBoost Price TargetMarket Perform$34.00 ➝ $37.00N/A
10/19/2017OppenheimerReiterated RatingBuyN/A
10/1/2017Piper Jaffray CompaniesSet Price TargetBuy$43.00Medium
9/22/2017Robert W. BairdBoost Price TargetOutperform$40.00 ➝ $44.00Low
8/25/2017Piper Jaffray CompaniesSet Price TargetBuy$43.00Low
8/23/2017Berenberg BankInitiated CoverageHold ➝ Hold$38.00Medium
8/17/2017Morgan StanleyBoost Price TargetEqual Weight$24.00 ➝ $38.00Low
8/9/2017Craig HallumReiterated RatingHold$30.00 ➝ $36.00Medium
8/4/2017OppenheimerReiterated RatingOutperform$39.00 ➝ $41.00Low
8/3/2017Needham & Company LLCReiterated RatingBuy$37.00 ➝ $42.00Low
8/3/2017Craig HallumReiterated RatingHold ➝ Hold$30.00 ➝ $36.00Medium
7/26/2017Dougherty & CoBoost Price TargetBuy ➝ Buy$40.00 ➝ $45.00Medium
7/12/2017Piper Jaffray CompaniesReiterated RatingBuy$39.00Low
6/13/2017OppenheimerReiterated RatingOutperform$38.00 ➝ $39.00Low
(Data available from 5/17/2017 forward)

News Sentiment Rating

0.36 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 5 very positive mentions
  • 20 positive mentions
  • 4 negative mentions
  • 2 very negative mentions
10/19/2021
  • 15 very positive mentions
  • 26 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/18/2021
  • 5 very positive mentions
  • 14 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/18/2021
  • 3 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/17/2022
  • 7 very positive mentions
  • 21 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
2/16/2022
  • 7 very positive mentions
  • 19 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/18/2022
  • 4 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/17/2022
  • 5 very positive mentions
  • 29 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
5/17/2022

Current Sentiment

  • 5 very positive mentions
  • 29 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Trimble logo
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.
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Today's Range

Now: $67.06
Low: $65.75
High: $67.46

50 Day Range

MA: $68.52
Low: $61.53
High: $74.61

52 Week Range

Now: $67.06
Low: $59.89
High: $96.49

Volume

42,166 shs

Average Volume

1,037,442 shs

Market Capitalization

$16.77 billion

P/E Ratio

34.75

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: JPMorgan Chase & Co., Morgan Stanley, Piper Sandler, Raymond James, Robert W. Baird, StockNews.com, William Blair, and Zacks Investment Research.
View the latest analyst ratings for TRMB.

What is the current price target for Trimble?

5 Wall Street analysts have set twelve-month price targets for Trimble in the last year. Their average twelve-month price target is $83.80, suggesting a possible upside of 25.0%. Piper Sandler has the highest price target set, predicting TRMB will reach $102.00 in the next twelve months. Morgan Stanley has the lowest price target set, forecasting a price of $70.00 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 1 sell rating, 1 hold rating and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in TRMB, but not buy more shares or sell existing shares.
View the latest ratings for TRMB.

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. Learn More about contacing Trimble investor relations.