Trimble Inc. has seen a range of developments impacting its share price, financial performance, and business partnerships.
JP Morgan has raised the target price of Trimble (TRMB) to $98, maintaining an Overweight Rating.
Martin Equipment and
KOBELCO have been named as new Trimble Technology Outlets, due to Trimble's recent expansions. However, certain senior members, including the President and CFO, have been found selling shares worth thousands of dollars leading a perceived dip in Trimble stock value. An announcement of Trimble Dimensions 2025 reflects the company's forward-thinking mindset, eyeing the future of work.
Q2 earnings reports showed strong growth with a jump of 14% in fiscal Q2 EPS, which might have triggered
ARR Growth and Strategic AI Initiatives. Further, a full-year guidance raise for 2025 indicates Trimble's optimistic outlook towards a more bullish future. However, the company was flagged by Nasdaq for a delayed filing of an annual report, which added some risk to the otherwise positive financial news. Analyst assessments have been optimistic, predicting that Trimble might beat earnings estimates again.
Trimble TRMB News Analytics from Mon, 11 Nov 2024 08:00:00 GMT to Fri, 19 Sep 2025 19:01:40 GMT -
Rating 7
- Innovation 5
- Information 9
- Rumor 3
