Trimbleの空売り状況は、投資家がTrimbleの株価下落に賭けている度合いを知ることができます。空売りデータは2週間ごとに更新されます。

Trimble (NASDAQ:TRMB) 株価情報, 空売り情報

Trimble

Trimble Inc provides a technology solutions provider that enables office and mobile professionals to connect their workflows and asset lifecycles to drive a more productive, sustainable future. The company has four reportable segments: Buildings and Infrastructure, Geospatial, Resources and Utilities, and Transportation. The company generates the majority of its revenue from the Buildings and Infrastructure segment, which primarily serves customers working in architecture, engineering, construction, design, asset management, operations, and maintenance.

Trimble Inc

WIIM

AIOT

AKAM

AKTS

ALRM

ANET

APLD

BBAI

BELFB

BLND

BLZE

COHR

Core Scientific, Inc. - Class A Common Stock

CORZ

CRSR

CTSH

CVLT

DELL

DOCN

DTST

EPAM

FFIV

FSLY

GDDY

IDAI

IMMR

INGM

KEYS

KODK

LASR

LIDR

LITE

MLGO

NOVT

NTAP

ONDS

OPTX

ORKT

OUST

PLUS

POWI

PSTG

RCAT

SHOP

SIMO

SMCI

SNOW

TRMB

TTMI

TWLO

VNET

VSAT

Shares of companies within the broader tech sector are trading lower amid overall market weakness following the Fed's rate decision to cut rates by 25 basis points.

Bernstein analyst Chad Dillard maintains Trimble (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRMB#NASDAQ">TRMB</a>) with a Outperform and raises the price target from $82 to $85.

News

Price Target

Analyst Ratings

Bernstein Maintains Outperform on Trimble, Raises Price Target to $85

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Keybanc raised the price target for Walmart Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) from $96 to $100. Keybanc analyst Bradley Thomas maintained an Overweight rating. Walmart shares closed at $94.55 on Tuesday. <a href="https://www.benzinga.com/quote/WMT/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Truist Securities boosted the price target for Phreesia, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHR#NYSE">PHR</a>) from $31 to $34. Truist Securities analyst Jailendra Singh maintained a Buy rating. Phreesia shares closed at $24.14 on Tuesday. <a href="https://www.benzinga.com/quote/PHR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Wells Fargo cut RxSight, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RXST#NASDAQ">RXST</a>) price target from $56 to $42. Wells Fargo analyst Larry Biegelsen downgraded the stock from Overweight to Equal-Weight. RxSight shares settled at $39.17 on Tuesday. <a href="https://www.benzinga.com/quote/RXST/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Oppenheimer increased Trimble Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRMB#NYSE">TRMB</a>) price target from $77 to $88. Oppenheimer analyst Kristen Owen maintained an Outperform rating. Trimble shares closed at $74.12 on Tuesday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Morgan Stanley cut Zenas BioPharma, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZBIO#NASDAQ">ZBIO</a>) price target from $40 to $35. Morgan Stanley analyst Vikram Purohit maintained an Overweight rating. Zenas BioPharma shares closed at $9.50 on Tuesday.  <a href="https://www.benzinga.com/quote/ZBIO/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Susquehanna boosted Visa Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) price target from $339 to $375. Susquehanna analyst James Friedman maintained a Positive rating on the stock. Visa shares closed at $312.38 on Tuesday. See how other analysts view this stock.</li>
<li>Piper Sandler raised the price target for Synovus Financial Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNV#NYSE">SNV</a>) from $56 to $64. Piper Sandler analyst Brad Milsaps maintained an Overweight rating. Synovus Financial shares settled at $55.14 on Tuesday. <a href="https://www.benzinga.com/quote/SNV/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Morgan Stanley boosted United Airlines Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) price target from $88 to $130. Morgan Stanley analyst Ravi Shanker maintained an Overweight rating. United Airlines shares closed at $96.53 on Tuesday. <a href="https://www.benzinga.com/quote/UAL/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Wells Fargo increased the price target for Intuitive Surgical, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISRG#NASDAQ">ISRG</a>) from $549 to $630. Wells Fargo analyst Larry Biegelsen maintained an Overweight rating. Intuitive Surgical shares closed at $538.09 on Tuesday. <a href="https://www.benzinga.com/quote/ISRG/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Stifel raised Columbia Sportswear Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COLM#NASDAQ">COLM</a>) price target from $92 to $100. Stifel analyst Jim Duffy maintained a Buy rating. Columbia Sportswear shares closed at $90.09 on Tuesday. <a href="https://www.benzinga.com/quote/COLM/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42432935/top-3-health-care-stocks-that-may-collapse-this-quarter">Top 3 Health Care Stocks That May Collapse This Quarter</a></li>
</ul>

Markets

Trading Ideas

COLM

ISRG

RXST

ZBIO

Visa To Rally Over 20%? Here Are 10 Top Analyst Forecasts For Wednesday

In the current market session, Trimble Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRMB#NASDAQ">TRMB</a>) stock price is at $74.00, after a 0.16% drop. However, over the past month, the company's stock spiked by 2.08%, and in the past year, by 43.14%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is not performing up to par in the current session. 

<img src="https://www.benzinga.com/files/images/story/2024/1733923840_0.png" alt="Past Year Chart" />

<h3>Evaluating Trimble P/E in Comparison to Its Peers</h3>
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. 
Compared to the aggregate P/E ratio of the 44.41 in the Electronic Equipment, Instruments &amp; Components industry, Trimble Inc. has a lower P/E ratio of 12.39. Shareholders might be inclined to think that the stock might perform worse than it's industry peers. It's also possible that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1733923840_1.png" alt="Guage" />

In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes.

Intraday Update

P/E Ratio Insights for Trimble

Oppenheimer analyst Kristen Owen maintains Trimble (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRMB#NASDAQ">TRMB</a>) with a Outperform and raises the price target from $77 to $88.

Oppenheimer Maintains Outperform on Trimble, Raises Price Target to $88

Baird analyst Richard Eastman maintains Trimble (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRMB#NASDAQ">TRMB</a>) with a Outperform and raises the price target from $82 to $90.

Baird Maintains Outperform on Trimble, Raises Price Target to $90

Piper Sandler analyst Clarke Jeffries reiterates Trimble (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRMB#NASDAQ">TRMB</a>) with a Overweight and maintains $84 price target.

Reiteration

Piper Sandler Reiterates Overweight on Trimble, Maintains $84 Price Target

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Stifel raised the price target for Couchbase, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BASE#NASDAQ">BASE</a>) from $20 to $22. Stifel analyst Brad Reback maintained a Buy rating. Couchbase shares closed at $21.12 on Tuesday. <a href="https://www.benzinga.com/quote/BASE/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Morgan Stanley boosted the price target for Salesforce, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) from $330 to $405. Morgan Stanley analyst Keith Weiss maintained an Overweight rating. Salesforce shares closed at $331.43 on Tuesday. <a href="https://www.benzinga.com/quote/CRM/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Evercore ISI Group boosted Marvell Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) price target from $122 to $127. Evercore ISI Group analyst Mark Lipacis maintained an Outperform rating. Marvell Technology shares settled at $95.91 on Tuesday. <a href="https://www.benzinga.com/quote/MRVL/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Baird raised MongoDB, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>) price target from $305 to $380. Baird analyst William Power maintained an Outperform rating. MongoDB shares closed at $324.01 on Tuesday. <a href="https://www.benzinga.com/quote/MDB/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Northland Capital Markets increased The Honest Company, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HNST#NASDAQ">HNST</a>) price target from $7.5 to $9.5. Northland Capital Markets analyst Owen Rickert maintained an Outperform rating. Honest Company shares closed at $8.01 on Tuesday.  <a href="https://www.benzinga.com/quote/HNST/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Keefe, Bruyette &amp; Woods boosted Willis Towers Watson Public Limited Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WTW#NASDAQ">WTW</a>) price target from $359 to $378. Keefe, Bruyette &amp; Woods analyst Meyer Shields maintained an Outperform rating on the stock. Willis Towers Watson shares closed at $329.06 on Tuesday. See how other analysts view this stock.</li>
<li>Chardan Capital increased the price target for Senti Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNTI#NASDAQ">SNTI</a>) from $10 to $12. Chardan Capital analyst Geulah Livshits maintained a Buy rating. Senti Biosciences shares settled at $7.14 on Tuesday. <a href="https://www.benzinga.com/quote/SNTI/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Barclays cut The J. M. Smucker Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJM#NYSE">SJM</a>) price target from $126 to $123. Barclays analyst Andrew Lazar maintained an Equal-Weight rating. Smucker shares closed at $117.29 on Tuesday. <a href="https://www.benzinga.com/quote/SJM/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan increased the price target for Trimble Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRMB#NASDAQ">TRMB</a>) from $74 to $92. JP Morgan analyst Tami Zakaria upgraded the stock from Neutral to Overweight. Trimble shares closed at $73.95 on Tuesday. <a href="https://www.benzinga.com/quote/TRMB/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Barclays raised AT&amp;T Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) price target from $24 to $27. Barclays analyst Kannan Venkateshwar maintained an Overweight rating. AT&amp;T shares closed at $23.74 on Monday. <a href="https://www.benzinga.com/quote/T/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying T stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="558" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/04082646/image-36-1024x558.png" alt="" class="wp-image-676409" style="width:558px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/04082646/image-36-1024x558.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/04082646/image-36-300x163.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/04082646/image-36-768x419.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/04082646/image-36.png 1167w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42293707/jim-cramer-prefers-this-delivery-giant-over-ups">Jim Cramer Prefers FedEx Over This Delivery Giant That &#8216;Screwed Up A Lot Of Holiday Seasons&#8217;</a></li>
</ul>

Pre-Market Outlook

BASE

HNST

MRVL

SNTI

AT&T To Rally Around 14%? Here Are 10 Top Analyst Forecasts For Wednesday

Trimble shares are trading higher after JP Morgan upgraded the stock from Neutral to Overweight and raised its price target from $74 to $92.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Mizuho analyst Haendel St. Juste upgraded the rating for The Macerich Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAC#NYSE">MAC</a>) from Underperform to Neutral and raised the price target from $14 to $22. Macerich shares closed at $21.10 on Tuesday. <a href="https://www.benzinga.com/quote/MAC/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Piper Sandler analyst James Fish upgraded Pure Storage, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSTG#NYSE">PSTG</a>) from Neutral to Overweight and increased the price target from $56 to $76. Pure Storage shares closed at $53.54 on Tuesday. <a href="https://www.benzinga.com/quote/PSTG/analyst-ratings">See how other analysts view this stock.</a></li>
<li>JP Morgan analyst Tami Zakaria upgraded the rating for Trimble Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRMB#NASDAQ">TRMB</a>) from Neutral to Overweight and boosted the price target from $74 to $92. Trimble shares closed at $73.95 on Tuesday. <a href="https://www.benzinga.com/quote/TRMB/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Keefe, Bruyette &amp; Woods analyst Catherine Mealor upgraded Shore Bancshares, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHBI#NASDAQ">SHBI</a>) from Market Perform to Outperform and raised the price target from $16 to $20. Shore Bancshares shares closed at $16.59 on Tuesday. <a href="https://www.benzinga.com/quote/SHBI/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Keybanc analyst Sophie Karp upgraded the rating for Pinnacle West Capital Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNW#NYSE">PNW</a>) from Sector Weight to Overweight and maintained the price target of $101. Pinnacle West Capital shares closed at $91.28 on Tuesday. <a href="https://www.benzinga.com/quote/PNW/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying PSTG stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="561" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/04074832/image-33-1024x561.png" alt="" class="wp-image-676306" style="width:601px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/04074832/image-33-1024x561.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/04074832/image-33-300x164.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/04074832/image-33-768x420.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/04074832/image-33.png 1118w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42293707/jim-cramer-prefers-this-delivery-giant-over-ups">Jim Cramer Prefers FedEx Over This Delivery Giant That &#8216;Screwed Up A Lot Of Holiday Seasons&#8217;</a></li>
</ul>

Upgrades

SHBI

This Pure Storage Analyst Turns Bullish; Here Are Top 5 Upgrades For Wednesday

JP Morgan analyst Tami Zakaria upgrades Trimble (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRMB#NASDAQ">TRMB</a>) from Neutral to Overweight and raises the price target from $74 to $92.

JP Morgan Upgrades Trimble to Overweight, Raises Price Target to $92

Trimble will provide fleet management and telematics solutions to vehicles across PFG's three business segments including Performance Foodservice Core-Mark and Vistar.&nbsp;
All PFG vehicles will be equipped with Trimble Instinct, Trimble's in-cab ecosystem that seamlessly connects drivers and back-office staff to boost safety, compliance and efficiency.
 &nbsp;

Contracts

PFGC

Performance Food Group Selects Trimble As Its Premier Fleet Management Provider; Migrates 100% Of Its Fleet Management Business To Trimble Instinct, Doubling Trimble-Serviced Trucks To Over 8,000

13F Shows JANA Partners Increased Stake In Trimble From 4,177,544 Shares To 4,880,944 Shares

General

Trimble Received Delisting Determination From Nasdaq

Baird analyst Richard Eastman maintains Trimble (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRMB#NASDAQ">TRMB</a>) with a Outperform and raises the price target from $66 to $82.

Baird Maintains Outperform on Trimble, Raises Price Target to $82

JP Morgan analyst Tami Zakaria maintains Trimble (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRMB#NASDAQ">TRMB</a>) with a Neutral and raises the price target from $66 to $74.

JP Morgan Maintains Neutral on Trimble, Raises Price Target to $74

New donation provides quickly deployable and reliable access to survey-grade precision for hundreds of field workers to work safer and faster while clearing land of extremely dangerous remnants of war
WESTMINSTER, Colo., Nov. 7, 2024 /PRNewswire/ -- Trimble (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRMB#NASDAQ">TRMB</a>) has announced its expanded support for <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4295653-1&amp;h=3279854248&amp;u=https%3A%2F%2Fwww.halotrust.org%2F&amp;a=The+HALO+Trust">The HALO Trust</a>, the world's largest humanitarian landmine-clearance non-profit organization. Trimble is donating an additional 175 <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4295653-1&amp;h=3373807559&amp;u=https%3A%2F%2Fgeospatial.trimble.com%2Fen%2Fproducts%2Fsoftware%2Ftrimble-catalyst&amp;a=Trimble%C2%AE+Catalyst%E2%84%A2+GNSS+systems">Trimble&#xAE; Catalyst&#x2122; GNSS systems</a>, including Trimble DA2 GNSS receivers, to help The HALO Trust further its demining operations across the world. Building on the impact of the ongoing collaboration, Trimble's latest donation will support the expansion and productivity of The HALO Trust's mine clearance teams. The Catalyst GNSS system provides The HALO Trust with a solution for deploying precise mapping capabilities to large field teams across broad geographic areas. More field teams can now be equipped with the necessary tools to safely and efficiently clear landmines, thereby accelerating the pace of landmine clearance globally.

Trimble Expands Collaboration With The HALO Trust To Enhance Landmine Clearance Efforts Worldwide

Trimble Unveils Siteworks Machine Guidance Module For Compact Track Loaders

Piper Sandler analyst Clarke Jeffries maintains Trimble (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRMB#NASDAQ">TRMB</a>) with a Overweight and raises the price target from $73 to $84.

Piper Sandler Maintains Overweight on Trimble, Raises Price Target to $84

Trimble Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRMB#NASDAQ">TRMB</a>) reported a fiscal third-quarter 2024 revenue decline of 9% to $875.8 million, beating the <a href="https://www.benzinga.com/pressreleases/24/11/n41769555/trimble-announces-third-quarter-2024-results" target="_blank" rel="noreferrer noopener">analyst consensus estimate of $864.5 million</a>. 
Revenue growth was 3% year-over-year (Y/Y) on an organic basis.
The GPS navigation maker&#8217;s adjusted EPS of 70 cents beat the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">analyst consensus estimate of 62 cents</a>. The stock price climbed after the print.
Also Read: <a href="https://www.benzinga.com/news/earnings/24/11/41771047/exclusive-janovers-q3-revenue-rises-6-ceo-eyes-boost-in-recurring-sales-and-larger-loans" target="_blank" rel="noreferrer noopener">EXCLUSIVE &#8211; Janover&#8217;s Q3 Revenue Rises 6%, CEO Eyes Boost in Recurring Sales and Larger Loans</a>
<ul>
<li>Annualized recurring revenue was $2.19 billion, up 13% Y/Y on an organic basis.</li>
<li>Product revenue declined 30.7% year-over-year, to $307.6 million. </li>
<li>Subscription and services grew by 10.7% Y/Y to $568.2 million. </li>
<li>The adjusted gross margin expanded by 350 bps to 68.5%.&nbsp;</li>
<li>Trimble held $1.04 billion in cash and equivalents as of&nbsp;the third quarter&nbsp;2024.</li>
</ul>
Trimble CEO Rob Painter, highlighted the team&#8217;s strong quarterly performance. The team exceeded both revenue and earnings targets and achieved a record $2.19 billion in ARR and a 68.5% gross margin. He noted continued advancements in the Connect &amp; Scale strategy, emphasizing that the recent Mobility divestiture will help streamline and sharpen Trimble&#8217;s focus.
FY24 Outlook:&nbsp;Trimble&nbsp;expects fiscal 2024 revenue of $3.625 billion–$3.665 billion (<a target="_blank" href="https://www.benzinga.com/news/earnings/24/08/40196501/trimble-q2-revenue-spikes-14-but-industry-woes-impact-hardware-sales" rel="noreferrer noopener">prior $3.59 billion–$3.67 billion</a>), below the consensus of $3.63 billion.
It also projected adjusted EPS of $2.79–$2.87 (prior $2.60–$2.81) against the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">Street&nbsp;view of $2.75</a>.
Trimble expects fourth-quarter revenue of $925 million–$965&nbsp;million (consensus $942.79 million) and adjusted EPS of $0.83–$0.91 (consensus $0.88).
Price Action:&nbsp;TRMB stock is up 9.54% at $67.50 premarket at&nbsp;the last check Wednesday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/government/24/11/41726213/applied-materials-and-lam-research-shift-supply-chains-away-from-china-to-meet-new-us-guidelines" target="_blank" rel="noreferrer noopener">Applied Materials and Lam Research Shift Supply Chains Away from China to Meet New US Guidelines</a></li>
</ul>

Earnings

Guidance

Trimble Beats Q3 Expectations, Boasts Record Revenue As CEO Outlines Focused Growth Strategy

Trimble (TRMB) sees long-term revenue $4B, with $3B of ARR and 30% adjusted EBITDA margin. The company sees positive low to mid single digits organ...

Trimble provides long-term outlook at Investor Day event

Chad Dillard, an analyst from Bernstein, maintained the Buy rating on Trimble (TRMB – Research Report). The associated price target is $85.00. Chad...

Trimble's Software-Centric Shift and Strategic Growth Drive Buy Rating

Bernstein raised the firm's price target on Trimble (TRMB) to $85 from $82 and keeps an Outperform rating on the shares. The firm notes Trimble hel...

Trimble price target raised to $85 from $82 at Bernstein

Baird analyst Richard Eastman raised the firm's price target on Trimble (TRMB) to $90 from $82 and keeps an Outperform rating on the shares. The fi...

Trimble price target raised to $90 from $82 at Baird

Oppenheimer analyst Kristen Owen raised the firm's price target on Trimble (TRMB) to $88 from $77 and keeps an Outperform rating on the shares. Hav...

Trimble price target raised to $88 from $77 at Oppenheimer

Oppenheimer analyst Kristen Owen maintained a Buy rating on Trimble (TRMB – Research Report) today and set a price target of $88.00. The company's ...

Trimble (TRMB) Gets a Buy from Oppenheimer

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Broadridge Financial Solutions (BR – Research Repo...

Analysts' Opinions Are Mixed on These Technology Stocks: Broadridge Financial Solutions (BR) and Trimble (TRMB)

Bets against the S&P 500 Technology sector rise in November

Trimble and Qualcomm are collaborating to integrate advanced positioning technology into automated vehicles.

Automated Vehicles To Hit Roads By 2028 With Trimble-Qualcomm Collaboration

In a report released yesterday, Chad Dillard from Bernstein maintained a Buy rating on Trimble (TRMB – Research Report), with a price target of $82...

Bernstein Sticks to Its Buy Rating for Trimble (TRMB)

ENPH

MSFT

QCOM

SWKS

Press Releases

Trimble Showcases New Artificial Intelligence Innovations During Dimensions User Conference

Trimble Announces 2024 Construction Innovation Award Winners

Trimble receives expected delisting and deficiency notice from Nasdaq

Performance Food Group Selects Trimble as Premier Fleet Management Provider

Trimble Announces the SketchUp 0-60 Challenge Winners

Trimble Unveils 2025 Carrier and Shipper Findings in Transportation Pulse Report

Trimble and GroundProbe Collaborate to Offer Complete Monitoring Portfolio for Geotechnical and Geospatial Mining Professionals

MINILUXE ANNOUNCES FRANCHISEE OPERATOR PARTNERSHIP

Trimble and Qualcomm Deliver Precise Positioning Solutions for Automotive OEMs and Tier 1 Suppliers

Trimble Announces Filing of Form 10-K/A for 2023 and Issuance of Forms 10-Q for the First, Second and Third Quarters of 2024

Comments

Trimble

空売り

Trimble (NASDAQ:TRMB) 株価情報, 空売り情報

こんな人も見ています

ニュース

パートナーシップ

ベンジンガ・グローバル