NASDAQ:TRMB - Trimble Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $49.67
  • Forecasted Upside: -17.84 %
  • Number of Analysts: 12
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 8 Buy Ratings
  • 0 Strong Buy Ratings
$60.45
▲ +1.06 (1.78%)
1 month | 3 months | 12 months
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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.
$49.67
▼ -17.84% Downside Potential
This price target is based on 12 analysts offering 12 month price targets for Trimble in the last 3 months. The average price target is $49.67, with a high forecast of $61.00 and a low forecast of $35.00. The average price target represents a -17.84% upside from the last price of $60.45.
Buy
The current consensus among 12 polled investment analysts is to buy stock in Trimble. This rating has held steady since May 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/6/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
9/4/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/3/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
3/2/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 0 sell ratings
5/31/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 4 hold ratings
  • 0 sell ratings
8/29/2020
  • 0 strong buy ratings
  • 8 buy ratings
  • 4 hold ratings
  • 0 sell ratings
10/28/2020
  • 0 strong buy ratings
  • 8 buy ratings
  • 4 hold ratings
  • 0 sell ratings
11/27/2020

Latest Recommendations

  • 0 strong buy ratings
  • 8 buy ratings
  • 4 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
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
6/13/2016Raymond JamesInitiated CoverageOutperform$30.00N/A
i
5/11/2016FBR & CoInitiated CoverageOutperform$32.00N/A
i
Rating by H. Lewis at FBR & Co
4/30/2016WedbushReiterated RatingBuyN/A
i
Rating by David Rose at Wedbush
4/29/2016WedbushLower Price TargetOutperform$28.00 ➝ $27.00N/A
i
Rating by David Rose at Wedbush
4/26/2016Morgan StanleyReiterated RatingHoldN/A
i
Rating by James Faucette at Morgan Stanley
4/25/2016OppenheimerReiterated RatingBuyN/A
i
Rating by Colin Rusch at Oppenheimer Holdings Inc.
4/1/2016William BlairDowngradeOutperform ➝ Market PerformN/A
i
Rating by J. Ho at William Blair
2/25/2016The Goldman Sachs GroupUpgradeBuy ➝ Conviction-Buy$29.00N/A
i
2/11/2016OppenheimerReiterated RatingOutperform$32.00N/A
i
2/11/2016WedbushReiterated RatingOutperform$28.00N/A
i
Rating by David Rose at Wedbush
2/10/2016OppenheimerUpgradeBuyN/A
i
Rating by Colin Rusch at Oppenheimer Holdings Inc.
2/10/2016JPMorgan Chase & Co.Lower Price TargetOverweight$25.00 ➝ $24.00N/A
i
2/10/2016Needham & Company LLCUpgradeHold ➝ Buy$24.00N/A
i
2/2/2016OppenheimerReiterated RatingOutperform$32.00N/A
i
2/1/2016MKM PartnersReiterated RatingHold$20.00 ➝ $21.00N/A
i
12/27/2015Piper Jaffray CompaniesReiterated RatingBuyN/A
i
Rating by Brett Wong at Piper Jaffray Companies
12/21/2015Piper Jaffray CompaniesReiterated RatingBuy$22.00 ➝ $26.00N/A
i
Rating by Brett Wong at Piper Jaffray Companies
12/9/2015OppenheimerInitiated CoverageOutperform ➝ Outperform$32.00N/A
i
12/1/2015WedbushInitiated CoverageOutperform$28.00N/A
i
Rating by D. Rose at Wedbush
(Data available from 11/28/2015 forward)
Trimble logo
Trimble Inc. provides technology solutions that enable professionals and field mobile workers to improve 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; 3D conceptual design and modeling software; building information modeling software; integrated site layout and measurement systems; cost estimating, scheduling, and project controls solutions; applications for sub-contractors and trades; and an integrated workplace management software. 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. It offers manual and automated navigation guidance for tractors and other farm equipment; solutions to automate application of pesticide and seeding; water solutions; Farmer Core, a software subscription that enables farmers to connect their farm operation; and forestry solutions for forest management and timber processing. The Transportation segment offers solutions for long haul trucking, field service management, rail, and construction logistics industries; and transportation management, analytics, routing, mapping, reporting, and predictive modeling solution under Trimble brand name. It has strategic alliance with Boston Dynamics. 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: $60.45
$59.44
$60.49

50 Day Range

MA: $53.88
$47.88
$60.59

52 Week Range

Now: $60.45
$20.01
$61.09

Volume

562,509 shs

Average Volume

1,281,138 shs

Market Capitalization

$15.12 billion

P/E Ratio

31.48

Dividend Yield

N/A

Beta

1.61