Trimble (NASDAQ:TRMB) Releases Q2 2026 Earnings Guidance

Trimble (NASDAQ:TRMB) issued an update on its second quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.780-0.820 for the period, compared to the consensus earnings per share estimate of 0.770. The company issued revenue guidance of $938.0 million-$963.0 million, compared to the consensus revenue estimate of $945.5 million. Trimble also updated its FY 2026 guidance to 3.470-3.640 EPS.

Trimble Trading Down 3.2%

Shares of Trimble stock traded down $1.95 during trading hours on Friday, hitting $59.90. The company’s stock had a trading volume of 626,316 shares, compared to its average volume of 1,985,869. The business has a fifty day moving average of $66.75 and a 200 day moving average of $72.92. The company has a market capitalization of $13.90 billion, a PE ratio of 31.56, a P/E/G ratio of 2.12 and a beta of 1.45. Trimble has a 1-year low of $59.96 and a 1-year high of $87.50. The company has a quick ratio of 0.96, a current ratio of 1.01 and a debt-to-equity ratio of 0.25.

Trimble (NASDAQ:TRMB) last announced its quarterly earnings data on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.07. Trimble had a return on equity of 11.61% and a net margin of 12.38%.The firm had revenue of $939.90 million during the quarter, compared to analyst estimates of $905.60 million. During the same period in the previous year, the company earned $0.61 earnings per share. Trimble’s quarterly revenue was up 11.8% on a year-over-year basis. Trimble has set its Q2 2026 guidance at 0.780-0.820 EPS and its FY 2026 guidance at 3.470-3.640 EPS. As a group, equities analysts forecast that Trimble will post 3 EPS for the current year.

Analyst Ratings Changes

TRMB has been the subject of a number of recent analyst reports. Wall Street Zen lowered Trimble from a “buy” rating to a “hold” rating in a report on Saturday, April 4th. Zacks Research downgraded shares of Trimble from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Robert W. Baird lowered their price objective on shares of Trimble from $90.00 to $85.00 and set an “outperform” rating on the stock in a research note on Monday, March 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Trimble in a research note on Wednesday, January 21st. Finally, Oppenheimer reduced their price target on Trimble from $86.00 to $80.00 and set an “outperform” rating for the company in a report on Thursday. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $90.00.

Insiders Place Their Bets

In other Trimble news, VP Mark David Schwartz sold 16,725 shares of the business’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $67.01, for a total transaction of $1,120,742.25. Following the completion of the sale, the vice president directly owned 19,668 shares of the company’s stock, valued at approximately $1,317,952.68. The trade was a 45.96% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Robert G. Painter sold 7,500 shares of the firm’s stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $66.94, for a total transaction of $502,050.00. Following the completion of the transaction, the chief executive officer directly owned 11,897 shares in the company, valued at approximately $796,385.18. The trade was a 38.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 31,725 shares of company stock valued at $2,151,167. 0.59% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Trimble

Here are the key news stories impacting Trimble this week:

• Positive Sentiment: Q1 beat and recurring-revenue strength — Trimble reported Q1 revenue of $939.9M and adjusted EPS $0.79, with ARR rising to $2.43B, margins improving and management raising FY?2026 guidance; results and ARR growth support the company’s subscription-style revenue outlook. TRMB Q1 Earnings Beat
• Neutral Sentiment: Mixed analyst sentiment — coverage is divergent: some outlets highlight bullish views while others flag caution after the print, leading to conflicting takeaways that can keep trading volatile until more clarity emerges. Analysts Have Conflicting Sentiments
• Negative Sentiment: Some analysts trimmed forecasts and models despite the beat — multiple analysts reduced near-term estimates after Q1, signaling cautious modeling of margins/drive-downside risk to short-term expectations. Analysts Cut Forecasts
• Negative Sentiment: Price-target trims from brokers — Wells Fargo, Oppenheimer and Piper Sandler lowered targets (Wells Fargo $79?$70, Oppenheimer $86?$80, Piper $97?$87) while keeping constructive ratings, which can pressure near-term sentiment by reducing upside expectations. Brokers Lower Targets Oppenheimer Note Piper Sandler Note
• Negative Sentiment: Relative underperformance vs. peers — commentary and market-data pieces show Trimble lagging some competitors on recent sessions, which can prompt short-term selling from momentum-focused funds. Underperformance vs. Peers

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. DV Equities LLC bought a new position in shares of Trimble during the 4th quarter valued at about $26,000. Bank of Jackson Hole Trust acquired a new position in Trimble in the 4th quarter worth $27,000. Quarry LP increased its holdings in Trimble by 175.8% during the 3rd quarter. Quarry LP now owns 364 shares of the scientific and technical instruments company’s stock worth $30,000 after purchasing an additional 232 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Trimble by 55.4% in the 2nd quarter. Geneos Wealth Management Inc. now owns 474 shares of the scientific and technical instruments company’s stock valued at $36,000 after purchasing an additional 169 shares during the period. Finally, Osterweis Capital Management Inc. lifted its holdings in shares of Trimble by 5,790.0% in the second quarter. Osterweis Capital Management Inc. now owns 589 shares of the scientific and technical instruments company’s stock valued at $45,000 after purchasing an additional 579 shares in the last quarter. 93.21% of the stock is currently owned by institutional investors.

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.