TRMB

Trimble Inc. (TRMB), headquartered in Westminster, Colorado, provides technology solutions that enable professionals and field mobile workers to enhance or transform their work processes worldwide. Valued at $12.1 billion by market cap, the company integrates its positioning expertise in GPS, laser, optical and inertial technologies with application software, wireless communications, and services to provide complete commercial solutions. The leading industrial technology company is expected to announce its fiscal second-quarter earnings for 2026 in the near term. Ahead of the event, analysts expect TRMB to report a profit of $0.65 per share on a diluted basis, up 14% from $0.57 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports. Micron Stock Is Off 31% From Its High. Why This Could Be the Best Time to Buy. Michael Saylor’s Bitcoin Treasury Company Strategy Is Falling Apart This Red-Hot AI Infrastructure Stock Just Made a Game-Changing Move. How to Play NBIS Here. Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! For the full year, analysts expect TRMB to report EPS of $2.99, up 13.7% from $2.63 in fiscal 2025. Its EPS is expected to rise 13.7% year over year to $3.40 in fiscal 2027. TRMB stock has underperformed the S&P 500 Index’s ($SPX) 20.3% gains over the past 52 weeks, with shares down 33.4% during this period. Similarly, it notably underperformed the State Street Technology Select Sector SPDR ETF’s (XLK) 37.2% gains over the same time frame. On May 6, TRMB shares closed down more than 7% after reporting its Q1 results. Its adjusted EPS of $0.79 beat Wall Street expectations of $0.72. The company’s revenue was $939.9 million, exceeding Wall Street forecasts of $903.7 million. TRMB expects full-year adjusted EPS in the range of $3.47 to $3.64, and expects revenue to range from $3.8 billion to $3.9 billion. Analysts’ consensus opinion on TRMB stock is bullish, with a “Strong Buy” rating overall. Out of 13 analysts covering the stock, 11 advise a “Strong Buy” rating, one suggests a “Moderate Buy,” and one gives a “Hold.” TRMB’s average analyst price target is $79.83, indicating an ambitious potential upside of 48.5% from the current leve...

NEW YORK, June 25, 2026 /PRNewswire/ -- Fred Alger Management, LLC ("Alger"), a privately held growth equity investment manager, today announced the quarterly rebalancing of the Alger Russell Innovation Index ("Index"). Following the close of trading on Friday, June 26, 2026, the Index will be rebalanced, and the following changes will be effective. For additional information, please visit www.lseg.com. Unlock Your Growth Potential with AlgerFounded in 1964, Alger is recognized as a pioneer of growth-style investment management. Privately-owned and headquartered in New York City, Alger can help "Unlock Your Growth Potential" through a suite of growth equity separate accounts, mutual funds, ETFs, and privately offered investment vehicles. Alger's investment philosophy, discovering companies undergoing Positive Dynamic Change, has been in place for more than 60 years. For more information, please visit www.alger.com. Risk Disclosures: Investing in the stock market involves risks, including the potential loss of principal. Growth stocks may be more volatile than other stocks as their prices tend to be higher in relation to their companies' earnings and may be more sensitive to market, political, and economic developments. This material is not meant to provide investment advice and should not be considered a recommendation to purchase or sell securities. Alger pays compensation to third party marketers to sell various strategies to prospective investors. London Stock Exchange Group plc and its group undertakings (collectively, the "LSE Group"). © LSE Group 2026. FTSE Russell is a trading name of certain of the LSE Group companies. "FTSE®" "Russell®", "FTSE Russell®" are trade marks of the relevant LSE Group companies and are used by any other LSE Group company under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company's express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication. View original content to download multimedia:https://www.prnewswire.com/news...

NEW YORK, June 22, 2026 /PRNewswire/ -- Fred Alger Management, LLC ("Alger"), a privately held growth equity investment manager, today announced the quarterly rebalancing of the Alger Russell Innovation Index ("Index"). Following the close of trading on Friday, June 26, 2026, the Index will be rebalanced, and the following changes will be effective. For additional information, please visit www.lseg.com. Unlock Your Growth Potential with Alger Founded in 1964, Alger is recognized as a pioneer of growth-style investment management. Privately-owned and headquartered in New York City, Alger can help "Unlock Your Growth Potential" through a suite of growth equity separate accounts, mutual funds, ETFs, and privately offered investment vehicles. Alger's investment philosophy, discovering companies undergoing Positive Dynamic Change, has been in place for more than 60 years. For more information, please visit www.alger.com. Risk Disclosures: Investing in the stock market involves risks, including the potential loss of principal. Growth stocks may be more volatile than other stocks as their prices tend to be higher in relation to their companies' earnings and may be more sensitive to market, political, and economic developments. This material is not meant to provide investment advice and should not be considered a recommendation to purchase or sell securities. Alger pays compensation to third party marketers to sell various strategies to prospective investors. London Stock Exchange Group plc and its group undertakings (collectively, the "LSE Group"). © LSE Group 2026. FTSE Russell is a trading name of certain of the LSE Group companies. "FTSE®" "Russell®", "FTSE Russell®" are trade marks of the relevant LSE Group companies and are used by any other LSE Group company under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company's express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication. View original content to download multimedia:https://www.prnewswire.com/new...

A month has gone by since the last earnings report for Trimble Navigation (TRMB). Shares have lost about 9.9% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Trimble due for a breakout? Well, first let's take a quick look at its latest earnings report in order to get a better handle on the recent drivers for Trimble Inc. before we dive into how investors and analysts have reacted as of late. Trimble reported first-quarter 2026 non-GAAP earnings of 79 cents per share, which beat the Zacks Consensus Estimate by 9.7% and jumped 29.5% year over year. Revenues of $940 million increased 11.8% year over year and topped the consensus mark by 4%.The reported quarter reflected continued execution on the company’s connect & scale strategy, supported by a record annualized recurring revenue (ARR) base of $2.43 billion, up 13% on an organic basis. In the first quarter, subscription and services contributed $628.7 million (67% of revenues), and product revenues added $311.2 million (33% of revenues). The mix underscores the company’s steady shift toward a more recurring profile. Subscription and services increased 10.5% year over year, while product revenues increased 14.6%.Segment-wise, AECO (Architects, Engineers, Construction, Owners) delivered $391.1 million of revenue, Field Systems generated $409.2 million, and Transportation & Logistics contributed $139.6 million. The portfolio balance helped the company post growth even as management acknowledged a constrained freight market. Trimble’s AECO segment produced 14% organic revenue growth, supported by cross-sell and upsell and the global expansion of Trimble Construction One. Segment ARR reached a record $1.51 billion, also up 14% organically, as the company extended the reach of its construction platform into the Asia Pacific.Profitability improved meaningfully in AECO. Operating income margin expanded 420 basis points (bps) year over year to 31.5%, reflecting recurring revenue growth and operating expense leverage. Management also highlighted continued progress in bringing ProjectSight to Europe, supporting a broader international go-to-market motion. TRMB’s Field Systems segment posted 12% organic growth in both revenues and ARR. Management cited strength in civil construction, with infrastructure and data center end markets sup...

Trimble’s stock price has taken a beating over the past six months, shedding 26.3% of its value and falling to $55.66 per share. This may have investors wondering how to approach the situation. Is there a buying opportunity in Trimble, or does it present a risk to your portfolio? Get the full breakdown from our expert analysts, it’s free. Even with the cheaper entry price, we don't have much confidence in Trimble. Here are three reasons why TRMB doesn't excite us and a stock we'd rather own. A company’s long-term sales performance can indicate its overall quality. Any business can put up a good quarter or two, but many enduring ones grow for years. Unfortunately, Trimble’s 2.6% annualized revenue growth over the last five years was sluggish. This was below our standards. In addition to reported revenue, organic revenue is a useful data point for analyzing Internet of Things companies. This metric gives visibility into Trimble’s core business because it excludes one-time events such as mergers, acquisitions, and divestitures along with foreign currency fluctuations - non-fundamental factors that can manipulate the income statement. Over the last two years, Trimble’s organic revenue averaged 7.1% year-on-year growth. This performance slightly lagged the sector and suggests it may need to improve its products, pricing, or go-to-market strategy, which can add an extra layer of complexity to its operations. Growth gives us insight into a company’s long-term potential, but how capital-efficient was that growth? A company’s ROIC explains this by showing how much operating profit it makes compared to the money it has raised (debt and equity). Trimble historically did a mediocre job investing in profitable growth initiatives. Its five-year average ROIC was 6.3%, somewhat low compared to the best industrials companies that consistently pump out 20%+. Trimble isn’t a terrible business, but it doesn’t pass our quality test. Following the recent decline, the stock trades at 15× forward P/E (or $55.66 per share). This valuation multiple is fair, but we don’t have much faith in the company. We're fairly confident there are better investments elsewhere. We’d recommend looking at one of our top software and edge computing picks. WHILE YOU’RE HERE: Top 9 Market-Beating Stocks. The best stocks don't just beat the market once. They do it again. And again. Robust revenue growth,...

Trimble’s first quarter featured double-digit organic growth, with management attributing performance to robust demand across Architecture, Engineering, Construction & Operations (AECO) and Field Systems, as well as the expanding adoption of its AI-powered platforms. CEO Rob Painter highlighted the company’s Connect & Scale strategy, which helps customers bridge physical and digital workflows. Despite these positives, management acknowledged areas of lower visibility, especially in hardware and international markets, and cited external risks like Middle East conflict and shifting tariff policies. Is now the time to buy TRMB? Find out in our full research report (it’s free). Revenue: $939.9 million vs analyst estimates of $905.8 million (11.8% year-on-year growth, 3.8% beat) Adjusted EPS: $0.79 vs analyst estimates of $0.72 (9.8% beat) Adjusted EBITDA: $257.7 million vs analyst estimates of $239.8 million (27.4% margin, 7.4% beat) The company slightly lifted its revenue guidance for the full year to $3.88 billion at the midpoint from $3.86 billion Management slightly raised its full-year Adjusted EPS guidance to $3.56 at the midpoint Operating Margin: 15.3%, up from 11.6% in the same quarter last year Annual Recurring Revenue: $2.44 billion vs analyst estimates of $2.45 billion (11.9% year-on-year growth, miss) Organic Revenue rose 12% year on year (beat) Market Capitalization: $13.17 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Kristen Owen (Oppenheimer) asked about the conservatism in guidance despite a strong start. CFO Phillip Sawarynski explained that less visibility in hardware, geopolitical risks, and tougher back-half comparisons led to a measured outlook. Jason Celino (KeyBanc Capital Markets) questioned if Field Systems demand was pulled forward. CEO Rob Painter clarified that strong demand was intrinsic, driven by product innovation and go-to-market execution, not timing shifts. Nay Soe Naing (Berenberg) inquired about AECO’s international cross-sell and competitive landscape. Painter highlighted rapid traction in Europe and Asia Pacific and emphasized the uniqueness of Trimble’s integrated offe...

Trimble TRMB reported first-quarter 2026 non-GAAP earnings of 79 cents per share, which beat the Zacks Consensus Estimate by 9.7% and jumped 29.5% year over year. Revenues of $940 million increased 11.8% year over year and topped the consensus mark by 4%. The reported quarter reflected continued execution on the company’s connect & scale strategy, supported by a record annualized recurring revenue (ARR) base of $2.43 billion, up 13% on an organic basis. In the first quarter, subscription and services contributed $628.7 million (67% of revenues) and product revenues added $311.2 million (33% of revenues). The mix underscores the company’s steady shift toward a more recurring profile. Subscription and services increased 10.5% year over year, while product revenues increased 14.6%. Trimble Inc. price-consensus-eps-surprise-chart | Trimble Inc. Quote Segment-wise, AECO (Architects, Engineers, Construction, Owners) delivered $391.1 million of revenue, Field Systems generated $409.2 million, and Transportation & Logistics contributed $139.6 million. The portfolio balance helped the company post growth even as management acknowledged a constrained freight market. Trimble’s AECO segment produced 14% organic revenue growth, supported by cross-sell and upsell and the global expansion of Trimble Construction One. Segment ARR reached a record $1.51 billion, also up 14% organically, as the company extended the reach of its construction platform into the Asia Pacific. Profitability improved meaningfully in AECO. Operating income margin expanded 420 basis points (bps) year over year to 31.5%, reflecting recurring revenue growth and operating expense leverage. Management also highlighted continued progress in bringing ProjectSight to Europe, supporting a broader international go-to-market motion. TRMB’s Field Systems segment posted 12% organic growth in both revenues and ARR. Management cited strength in civil construction, with infrastructure and data center end markets supporting demand, while the segment continued absorbing headwinds from model conversions to recurring revenues. The company pointed to civil construction and geospatial demand tied to road construction, solar, manufacturing and data center projects. ARR growth was driven by subscription offerings, including WorksPlus machine control, Positioning Services and Trimble Business Center, along with extended war...

Trimble Inc. (NASDAQ:TRMB) just released its latest first-quarter results and things are looking bullish. Results were good overall, with revenues beating analyst predictions by 3.8% to hit US$940m. Statutory earnings per share (EPS) came in at US$0.42, some 3.4% above whatthe analysts had expected. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Taking into account the latest results, the current consensus from Trimble's twelve analysts is for revenues of US$3.89b in 2026. This would reflect a modest 5.6% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to swell 14% to US$2.25. In the lead-up to this report, the analysts had been modelling revenues of US$3.87b and earnings per share (EPS) of US$2.22 in 2026. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results. Check out our latest analysis for Trimble It will come as no surprise then, to learn that the consensus price target is largely unchanged at US$87.33. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. The most optimistic Trimble analyst has a price target of US$103 per share, while the most pessimistic values it at US$70.00. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure. One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. It's clear from the latest estimates that Trimble...

Image source: The Motley Fool. Wednesday, May 6, 2026 at 8 a.m. ET President & Chief Executive Officer — Robert Painter Chief Financial Officer — Phillip Sawarynski Robert Painter: Welcome, everyone. Before I get started, our presentation and safe harbor statements are available on our website. Our financial review will focus on year-over-year non-GAAP performance metrics on an organic basis. In addition, we will focus on adjusted numbers that we believe more accurately portray the underlying performance of our business. This means we will exclude the impact from the mobility business, which we divested during the first quarter of 2025. As reported numbers, along with the reconciliation are provided in the appendix of our slide presentation. The Trimble team furthered the momentum of the last couple of years and delivered a great start to the year, with top and bottom line results ahead of expectations. Revenue at $940 million, up 12%; ARR at $2.435 billion, up 13%; and earnings per share above the high end of our range at $0.79. We are raising our guidance for the year. Financial performance is the scoreboard. It's the output. The game on the field or the input is delivering unique value to customers. On Slide 4, I want to highlight how we are partnering with our customer, George Leslie, a Scottish based civil engineering contractor that has embraced the Trimble ecosystem to connect the physical and digital worlds. With our platform, Trimble Connect acts as the orchestration layer of complex workflows, that include marine and peer works, water and wastewater treatment, bridges and infrastructure and energy and power. When performing earthmoving, our laser scanners are deployed for capturing the job site in high fidelity 3D to create a digital twin of the physical earth. While our tools back in the office power the design of the terrain model into a constructible model. Enabled by the Trimble ecosystem, this model is seamlessly deployed to our Trimble survey and machine control systems in the field to execute the work in the physical world, while our project management and scheduling capabilities are managing the work. Physical to digital to physical. When performing complex steel and bridge work, they take the structural and design model that is managed within the Trimble ecosystem and then use our robotic total stations to precisely orient the digital mode...

Samsara Gains on IoT Trends Despite Stock Dip Trimble (NASDAQ:TRMB) reported first-quarter 2026 results that exceeded management’s expectations on both the top and bottom line and prompted the company to raise its full-year outlook. President and CEO Rob Painter said the company “delivered a great start to the year,” with revenue of $940 million up 12% on an organic, year-over-year non-GAAP basis, annualized recurring revenue (ARR) of $2.435 billion up 13%, and earnings per share of $0.79, which was above the high end of the company’s guidance range. Painter said Trimble’s performance reflects its “connect and scale strategy,” which he described as connecting work in the office and field, connecting hardware and software, and connecting the physical and digital worlds. He also emphasized the company’s focus on embedding AI into industry workflows, positioning Trimble as “the intelligence and execution layer that reconciles our customers’ digital and physical realities.” → Berkshire Hathaway’s Record Cash Hoard: Why and What's Next? Autodesk Raises Guidance After Clearing Audit Investigation CFO Phil Sawarynski said Trimble’s organic revenue growth of 12% exceeded its outlook, led by strength in AECO and Field Systems, while Transportation and Logistics grew despite a constrained freight market. Sawarynski said the company’s recurring revenue base continued to expand, with ARR reaching a record $2.435 billion, up 13% and “in line with our outlook.” Trimble also delivered margin expansion in the quarter. Sawarynski said gross margins expanded to 71% and EBITDA margins reached 27.4%, representing a 150-basis-point expansion from the prior year. Free cash flow in the first quarter was $275 million, and Trimble ended the period with $234 million of cash and a leverage ratio of 1.1x, which Sawarynski said is well below the company’s long-term target of 2.5x. → A Prada Payday: Is AMC Back in Style? 2 Navigation Stocks That Continue to Defy Gravity Management highlighted growth across all three reporting segments: AECO: Painter said AECO delivered “another outstanding quarter,” with ARR and revenue each up 14%. Sawarynski reported AECO reached record ARR of $1.51 billion, and operating margin improved to 31.5%, up 420 basis points year over year. Field Systems: Painter said the “physical side of Trimble outperformed,” led again by civil construction, with ARR and re...

Performance beat was driven by the 'Connect & Scale' strategy, which positions Trimble as the intelligence layer reconciling digital models with physical execution. Management attributes growth in AECO and Field Systems to strong cross-sell momentum and the expansion of Trimble Construction One into the Asia Pacific region. The acquisition of Document Crunch establishes a new AI-powered risk management category, addressing the root causes of construction disputes by linking contracts to field execution. AI is being utilized internally to fundamentally rewire product development, with the vast majority of new code now generated using AI tools to increase velocity. The partnership with Anthropic's Claude aims to expand the addressable market by converting conversational AI users into professional SketchUp subscribers. Management views their deep domain knowledge and integrated ecosystem as a 'moat' that makes data the product itself rather than a peripheral feature. The company is architecting a shift toward hybrid monetization models that combine traditional named user licenses with consumption-based credits and tokens. Full-year guidance was raised, though management remains cautious regarding hardware visibility due to Middle East conflicts and potential tariff policy uncertainties. Management expects to dedicate 10% of development resources to a specialized applied AI organization focused on agentic development and safe deployment. The company remains fully aligned with its '3-4-30' long-term targets: $3 billion in ARR, $4 billion in revenue, and 30% operating margins by 2027. Future growth assumes a gradual recovery in the North American transportation market, supported by momentum in autonomous procurement and quotation tools. Trimble repurchased approximately $317 million of common stock in Q1, and over the longer term, the company expects to use at least one-third of its free cash flow for share repurchases. The divestiture of the mobility business in early 2025 has allowed management to focus resources on core competencies and higher-return segments. Operating margins in Transportation & Logistics expanded by 300 basis points, reflecting the successful removal of stranded costs following recent divestitures. The company maintains a low leverage ratio of 1.1x, providing significant flexibility for opportunistic M&A that strengthens core market position...

Trimble (TRMB) reported Q1 non-GAAP earnings of $0.79 per diluted share, up from $0.61 a year earlie