
Trimble (TRMB) Stock Forecast & Price Target
Trimble (TRMB) Analyst Ratings
Bulls say
Trimble is showing strong core trends with continued growth in its AECO and Transportation & Logistics segments, as well as early achievement of its margin goals. The confirmation of a strategic review of the T&L segment could potentially unlock value for the company. With a solid quarter and strong fundamentals, Trimble is undervalued compared to its peers, and we believe it has the potential for significant growth and profitability in the future.
Bears say
Trimble is facing short-term volatility in results due to external factors, however, they are still able to achieve positive growth, with 12% organic ARR growth and $972M revenue in Q1. Although there are some concerns about only raising full-year guidance by $25M and slowing organic AECO ARR growth to 14%, Trimble continues to demonstrate strong profitability with a 28.6% EBITDA margin and a consistent progression towards its model transition. However, the recent pressure on software multiples leads to a lowered PT of $87 while maintaining overweight due to the company's strong execution and potential for long-term success in the tech industry.
This aggregate rating is based on analysts' research of Trimble and is not a guaranteed prediction by Public.com or investment advice.
Trimble (TRMB) Analyst Forecast & Price Prediction
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