Trimble (TRMB) has recently reported its Q3 earnings indicating some key metrics. Despite this,
TRMB has seen a significant drop in its net profit margin, challenging the bullish narratives around its long-term profit growth. Despite the potential concerns, Piper Sandler maintains an overweight rating for
TRMB with a target price of $97. Meanwhile,
TRMB has revised its 2025 guidance, indicating strong Q3 revenue growth and AI-driven innovation, resulting in surging Q3 profits and raised annual earnings forecast. However, reaction from investors is still mixed. On one hand,
Trimble's shares have been increasing, but on the other hand, the stock is lagging S&P 500. Trimble has also affirmed its focus on growing software and recurring revenues. However, the company recently became the official global partner with Liverpool Football Club, indicating a shift in its business strategy. Notably,
Trimble has significantly expanded its sales footprint with new technology outlets and partnerships. Most importantly, EPS of $0.46 beats estimates, with revenue surging to $901.2 Million.
Trimble TRMB News Analytics from Tue, 08 Apr 2025 07:00:00 GMT to Fri, 07 Nov 2025 18:18:25 GMT -
Rating 5
- Innovation 6
- Information 8
- Rumor -3
