PriceTargets.com logo

Trimble - TRMB Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $59.00
  • Forecasted Upside: 25.03%
  • Number of Analysts: 8
  • Breakdown:
  • 1 Sell Ratings
  • 5 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$47.19 As of 05/26/2023 01:00 AM ET
▲ +0.79 (1.70%)

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

Skip Closing Price Chart
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

Analyst Price Target is $59.00
▲ +25.03% Upside 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 $59.00, with a high forecast of $72.00 and a low forecast of $40.00. The average price target represents a 25.03% upside from the last price of $47.19.

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

Read Analyst Price Chart DescriptionSkip Analyst Price Chart

Current Consensus is Hold

The current consensus among 8 investment analysts is to hold stock in Trimble. This rating has held steady since October 2021, 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
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
12/4/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
3/4/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
6/2/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
8/31/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
11/29/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
2/27/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
4/28/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
5/28/2023

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/4/2023888Reiterated RatingMaintainsLow
5/4/2023Robert W. BairdLower Target$63.00 ➝ $59.00Low
4/5/2023Edward JonesUpgradeHold ➝ BuyLow
3/7/2023Northcoast ResearchDowngradeNeutral ➝ Sell$40.00Low
2/9/2023Piper SandlerLower TargetNeutral$65.00 ➝ $60.00Low
2/9/2023Robert W. BairdLower TargetOutperform$65.00 ➝ $63.00Low
12/13/2022Morgan StanleyBoost TargetEqual Weight$63.00 ➝ $65.00Low
12/13/2022Raymond JamesDowngradeOutperform ➝ Market PerformLow
11/3/2022JPMorgan Chase & Co.Lower TargetNeutral$64.00 ➝ $58.00Low
11/3/2022Morgan StanleyLower TargetEqual Weight$67.00 ➝ $63.00Low
11/3/2022OppenheimerLower Target$86.00 ➝ $72.00Low
11/3/2022Robert W. BairdLower Target$70.00 ➝ $65.00Low
11/3/2022Piper SandlerLower TargetNeutral$70.00 ➝ $65.00Low
9/8/2022Piper SandlerDowngradeOverweight ➝ Neutral$82.00 ➝ $70.00Low
8/16/2022Wolfe ResearchInitiated CoverageMarket PerformLow
8/8/2022Piper SandlerLower TargetOverweight$100.00 ➝ $82.00Low
7/12/2022JPMorgan Chase & Co.Lower TargetNeutral$70.00 ➝ $65.00Low
5/23/2022Morgan StanleyUpgradeUnderweight ➝ Equal Weight$70.00 ➝ $67.00Medium
5/6/2022Robert W. BairdLower Target$90.00 ➝ $80.00Medium
5/5/2022William BlairReiterated RatingOutperformLow
3/28/2022JPMorgan Chase & Co.Lower TargetNeutral$79.00 ➝ $77.00Low
2/10/2022Piper SandlerBoost TargetOverweight$101.00 ➝ $102.00High
2/10/2022Raymond JamesLower TargetOutperform$95.00 ➝ $90.00High
1/25/2022Morgan StanleyLower TargetUnderweight$76.00 ➝ $70.00Low
12/15/2021Morgan StanleyBoost 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 TargetEqual Weight$76.00 ➝ $80.00High
5/6/2021Robert W. BairdBoost TargetOutperform$72.00 ➝ $81.00High
2/11/2021Morgan StanleyBoost TargetEqual Weight$70.00 ➝ $76.00Low
2/11/2021Craig HallumBoost TargetHold$44.00 ➝ $58.00Low
1/26/2021Morgan StanleyBoost TargetIn-Line ➝ Equal Weight$48.00 ➝ $70.00Low
11/5/2020Morgan StanleyBoost TargetEqual Weight$46.00 ➝ $48.00High
11/5/2020Needham & Company LLCBoost TargetBuy$50.00 ➝ $56.00High
9/22/2020Sanford C. BernsteinInitiated CoverageOutperform$61.00Medium
8/25/2020Wolfe ResearchInitiated CoverageOutperform$56.00Low
8/10/2020Morgan StanleyBoost TargetEqual Weight$30.00 ➝ $46.00Low
8/10/2020Raymond JamesBoost TargetOutperform$44.00 ➝ $55.00Low
8/6/2020Craig HallumBoost TargetHold$38.00 ➝ $44.00High
8/6/2020Needham & Company LLCBoost 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 TargetBuy$34.00 ➝ $42.00Medium
5/7/2020Robert W. BairdBoost TargetOutperform$31.00 ➝ $39.00Low
5/7/2020Morgan StanleyBoost TargetEqual Weight$28.00 ➝ $30.00High
5/7/2020OppenheimerBoost TargetOutperform$40.00 ➝ $43.00High
3/24/2020Needham & Company LLCLower TargetBuy$48.00 ➝ $34.00High
3/23/2020Morgan StanleyLower TargetEqual Weight$42.00 ➝ $28.00High
3/19/2020The Goldman Sachs GroupLower 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 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 TargetOutperform ➝ Outperform$44.00 ➝ $47.00Low
6/6/2018The Goldman Sachs GroupDowngradeConviction-Buy ➝ BuyMedium
6/1/2018Edward JonesUpgradeHold ➝ BuyLow
(Data available from 5/28/2018 forward)

News Sentiment Rating

0.76 (Buy)

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
  • 6 very positive mentions
  • 16 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
10/30/2022
  • 3 very positive mentions
  • 5 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
11/29/2022
  • 1 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/29/2022
  • 9 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/28/2023
  • 14 very positive mentions
  • 8 positive mentions
  • 2 negative mentions
  • 2 very negative mentions
Mentions as of
2/27/2023
  • 16 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/29/2023
  • 20 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/28/2023
  • 15 very positive mentions
  • 15 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
5/28/2023

Current Sentiment

  • 15 very positive mentions
  • 15 positive mentions
  • 2 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Trimble logo
Trimble, Inc. engages in the provision of positioning technology solutions. It operates through the following segments: Buildings and Infrastructure, Geospatial, Resources and Utilities, and Transportation. The Buildings and Infrastructure segment serves architects, engineers, contractors, owners, and operators. The Geospatial segment offers solutions for customers working in surveying, engineering, and government. The Resources and Utilities segment caters to customers working in agriculture, forestry, and utilities. The Transportation segment covers the long-haul trucking, field service management, rail, and construction logistics industries. The company was founded in 1978 by Charles Robert Trimble and is headquartered in Westminster, CO.
Read More

Today's Range

Now: $47.19
Low: $46.59
High: $47.40

50 Day Range

MA: $48.33
Low: $45.82
High: $52.42

52 Week Range

Now: $47.19
Low: $45.43
High: $72.24

Volume

961,048 shs

Average Volume

1,102,847 shs

Market Capitalization

$11.69 billion

P/E Ratio

25.24

Dividend Yield

N/A

Beta

1.56

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: 888 Holdings plc, Edward Jones, JPMorgan Chase & Co., Morgan Stanley, Northcoast Research, Oppenheimer Holdings Inc., Piper Sandler, Raymond James, Robert W. Baird, StockNews.com, TheStreet, and Wolfe Research.
View the latest analyst ratings for TRMB.

What is the current price target for Trimble?

6 Wall Street analysts have set twelve-month price targets for Trimble in the last year. Their average twelve-month price target is $59.00, suggesting a possible upside of 25.0%. Oppenheimer Holdings Inc. has the highest price target set, predicting TRMB will reach $72.00 in the next twelve months. Northcoast Research has the lowest price target set, forecasting a price of $40.00 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, 5 hold ratings and 2 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.

What other companies compete with Trimble?

Other companies that are similar to Trimble include Onto Innovation, Amdocs, Flex, Super Micro Computer and Lattice Semiconductor. Learn More about companies similar to 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 (720) 887-6100 and its investor relations email address is inve[email protected]. The official website for Trimble is www.trimble.com. Learn More about contacing Trimble investor relations.