Trimble (NASDAQ:TRMB) Issues Q3 2026 Earnings Guidance

Trimble (NASDAQ:TRMB) updated its third quarter 2026 earnings guidance on Wednesday. The company provided EPS guidance of 0.830-0.880 for the period, compared to the consensus earnings per share estimate of 0.840. The company issued revenue guidance of $953.0 million-$978.0 million, compared to the consensus revenue estimate of $960.1 million. Trimble also updated its FY 2026 guidance to 3.600-3.700 EPS.

Trimble Trading Down 2.8%

Trimble stock opened at $56.35 on Thursday. The company has a current ratio of 1.01, a quick ratio of 0.88 and a debt-to-equity ratio of 0.25. Trimble has a 12-month low of $47.92 and a 12-month high of $84.54. The firm has a market capitalization of $13.14 billion, a price-to-earnings ratio of 29.66, a P/E/G ratio of 1.93 and a beta of 1.37. The firm has a 50 day moving average of $53.27 and a 200 day moving average of $60.68.

Trimble (NASDAQ:TRMB) last announced its quarterly earnings data on Wednesday, August 12th. The scientific and technical instruments company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.80 by $0.06. Trimble had a net margin of 12.38% and a return on equity of 11.61%. The firm had revenue of $972.00 million for the quarter, compared to the consensus estimate of $952.09 million. During the same period last year, the firm earned $0.71 EPS. The company’s revenue was up 11.0% on a year-over-year basis. Trimble has set its Q3 2026 guidance at 0.830-0.880 EPS and its FY 2026 guidance at 3.600-3.700 EPS. As a group, research analysts predict that Trimble will post 3.01 earnings per share for the current year.

Analyst Ratings Changes

TRMB has been the subject of several research analyst reports. Piper Sandler cut their target price on Trimble from $97.00 to $87.00 and set an “overweight” rating for the company in a research report on Wednesday, May 6th. Barclays cut their price objective on shares of Trimble from $103.00 to $79.00 and set an “overweight” rating for the company in a report on Friday, May 29th. Oppenheimer reissued an “outperform” rating and issued a $80.00 target price on shares of Trimble in a report on Tuesday, July 7th. Wall Street Zen raised shares of Trimble from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Finally, Wells Fargo & Company decreased their price target on shares of Trimble from $70.00 to $61.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 14th. Nine analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $82.62.

Insider Buying and Selling

In other Trimble news, Director Kaigham Gabriel sold 1,718 shares of Trimble stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $60.00, for a total value of $103,080.00. Following the completion of the transaction, the director directly owned 17,426 shares of the company’s stock, valued at $1,045,560. This trade represents a 8.97% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.59% of the stock is owned by company insiders.

Trending Headlines about Trimble

Here are the key news stories impacting Trimble this week:

• Positive Sentiment: Q2 results exceeded expectations: Trimble reported revenue of $972 million, up 11% year over year, and adjusted EPS of $0.86 versus the $0.80 consensus estimate. Adjusted EBITDA was $278 million, or 28.6% of revenue. Trimble Announces Second Quarter 2026 Results and Raises Full Year Guidance
• Positive Sentiment: Guidance was raised: Management now expects fiscal 2026 revenue of approximately $3.90 billion to $3.95 billion and non-GAAP EPS of $3.60 to $3.70, above the prior earnings expectation of $3.47. Third-quarter EPS guidance of $0.83 to $0.88 is broadly near consensus. Trimble Q2 CY2026 Results and Outlook
• Positive Sentiment: Recurring revenue and capital returns improved: Annualized recurring revenue reached a record $2.51 billion, supporting the company’s software-focused Connect & Scale strategy. The board also authorized a new $1 billion share-repurchase program. Trimble Q2 2026 Earnings Call Transcript
• Neutral Sentiment: Transportation showed tentative improvement: Transportation revenue rose 5%, and management described early signs of recovery in freight, although the business remains under pressure. Trimble Sees Freight Green Shoots
• Negative Sentiment: Non-cash impairment drove a GAAP loss: Trimble recorded a $562 million goodwill impairment tied to Transportation and Logistics, resulting in a GAAP net loss of approximately $472 million. This headline loss appears to have outweighed the adjusted earnings beat and higher guidance. Trimble Slides as Transportation Unit Impairment Overshadows Strong Q2
• Negative Sentiment: Insider-selling data may add caution: Quiver reported six open-market insider sales and no purchases during the past six months, though these transactions are secondary to the earnings-related impairment. Trimble Trading and Earnings Analysis

Institutional Trading of Trimble

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Wellington Management Group LLP raised its holdings in shares of Trimble by 126.0% in the fourth quarter. Wellington Management Group LLP now owns 6,199,706 shares of the scientific and technical instruments company’s stock valued at $485,747,000 after acquiring an additional 3,455,949 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of Trimble by 73.1% in the 2nd quarter. Raymond James Financial Inc. now owns 1,283,759 shares of the scientific and technical instruments company’s stock worth $97,540,000 after purchasing an additional 542,245 shares during the period. AQR Capital Management LLC increased its holdings in Trimble by 42.5% during the second quarter. AQR Capital Management LLC now owns 1,372,779 shares of the scientific and technical instruments company’s stock valued at $104,166,000 after buying an additional 409,127 shares during the period. UBS Group AG lifted its holdings in Trimble by 25.6% during the third quarter. UBS Group AG now owns 1,590,549 shares of the scientific and technical instruments company’s stock worth $129,868,000 after buying an additional 323,696 shares during the period. Finally, Bank of America Corp DE lifted its holdings in Trimble by 28.9% during the second quarter. Bank of America Corp DE now owns 1,421,473 shares of the scientific and technical instruments company’s stock worth $108,004,000 after buying an additional 318,961 shares during the period. Hedge funds and other institutional investors own 93.21% of the company’s stock.

Trimble Company Profile

Trimble Inc (NASDAQ: TRMB) is a technology company that develops hardware, software and services to improve the productivity and connectivity of customers across the construction, agriculture, geospatial, transportation and logistics, and natural resources sectors. The company’s offerings center on advanced positioning technologies — including GNSS/GPS receivers, inertial sensors and laser scanning — integrated with application-specific software and cloud services to enable precise measurement, modeling, machine control and workflow automation for field and office operations.

Trimble’s product portfolio spans surveying and geospatial instruments (total stations, mobile mapping and terrestrial laser scanners), construction solutions (machine control systems, site positioning and estimating), agriculture systems (auto-steer, guidance and application-control platforms), and fleet and transportation telematics.