Trimble (NASDAQ:TRMB – Get Free Report) updated its first quarter 2025 earnings guidance on Wednesday. The company provided EPS guidance of 0.550-0.610 for the period, compared to the consensus EPS estimate of 0.600. The company issued revenue guidance of $794.0 million-$824.0 million, compared to the consensus revenue estimate of $804.4 million. Trimble also updated its FY 2025 guidance to 2.760-2.980 EPS.
Wall Street Analyst Weigh In
Several research analysts have issued reports on the company. Sanford C. Bernstein raised their target price on Trimble from $82.00 to $85.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 11th. Cfra raised Trimble from a “buy” rating to a “strong-buy” rating and set a $92.00 price objective on the stock in a research report on Thursday. Wolfe Research raised Trimble from a “peer perform” rating to an “outperform” rating and set a $90.00 price objective on the stock in a research report on Monday, December 16th. StockNews.com raised Trimble from a “hold” rating to a “buy” rating in a research report on Thursday, December 12th. Finally, Piper Sandler reissued an “overweight” rating and issued a $84.00 price target on shares of Trimble in a report on Wednesday, December 11th. Eight research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $85.75.
Read Our Latest Analysis on Trimble
Trimble Stock Performance
Insiders Place Their Bets
In other Trimble news, VP Jennifer Allison sold 3,571 shares of Trimble stock in a transaction that occurred on Friday, January 17th. The stock was sold at an average price of $74.75, for a total value of $266,932.25. Following the sale, the vice president now owns 3,157 shares of the company’s stock, valued at $235,985.75. The trade was a 53.08 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 0.47% of the company’s stock.
Trimble Company Profile
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 project design and visualization; 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.
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