Core Insights - Trimble Inc. is valued at a market cap of $19.2 billion and specializes in advanced positioning, modeling, and data analytics solutions across various industries [1] Performance Overview - Trimble's stock has underperformed compared to the broader market, gaining 8.5% over the past 52 weeks, while the S&P 500 Index increased by 13.4% [2] - Year-to-date, Trimble's stock is up 11.6%, compared to the S&P 500's 14.3% return [2] - The company has also lagged behind the Technology Select Sector SPDR Fund, which saw a 23.9% increase over the past 52 weeks and a 24.4% rise year-to-date [3] Recent Financial Results - Trimble's shares rose 2.5% following stronger-than-expected Q3 results reported on November 5 [4] - The company achieved a record Q3 gross margin of 68.9% and annualized recurring revenue of $2.3 billion [4] - Total revenue for Q3 improved by 2.9% year-over-year to $901.2 million, surpassing consensus estimates by 3.4% [4] - Adjusted EPS for the quarter was $0.81, reflecting a 15.7% increase from the previous year and exceeding analyst expectations by 12.5% [4] - Trimble raised its fiscal 2025 guidance, indicating strong progress under its Connect & Scale strategy [4] Analyst Expectations - For the current fiscal year ending in December, analysts expect Trimble's EPS to grow by 10.4% year-over-year to $2.44 [5] - The company's earnings surprise history is mixed, with three out of the last four quarters exceeding consensus estimates [5] - Among 13 analysts covering Trimble, the consensus rating is a "Strong Buy," with nine "Strong Buy," one "Moderate Buy," and three "Hold" ratings [5] Analyst Ratings and Price Targets - The analyst configuration has become slightly more bullish, with eight analysts suggesting a "Strong Buy" rating [6] - On November 6, Oppenheimer Holdings maintained a "Buy" rating on Trimble with a price target of $102, indicating a potential upside of 29.4% from current levels [6]

Core Insights - Trimble Inc. (TRMB) is a leading technology company with a market cap of $19.5 billion, specializing in advanced positioning, surveying, and machine control solutions [1] - The company serves various industries including construction, transportation, logistics, and agriculture, enhancing productivity and streamlining operations for professionals worldwide [2] Stock Performance - Trimble's shares have decreased by 6.3% from their 52-week high of $87.50, but have increased by 12.8% over the past three months, outperforming the S&P 500 Index's gain of 12.2% during the same period [3] - Year-to-date, TRMB stock is up 16.1%, surpassing the S&P 500's rise of 13.8%, and has climbed 40% over the past 52 weeks compared to the S&P 500's 17.4% return [4] Financial Results - On August 6, Trimble reported Q2 2025 adjusted EPS of $0.71 and revenue of $875.7 million, exceeding forecasts, and raised its annual revenue guidance to $3.5 billion - $3.6 billion [5] - The company also increased its adjusted EPS outlook to $2.90 - $3.06, driven by strong demand for integrated hardware and software solutions and the growing use of AI tools [5] Analyst Sentiment - Analysts maintain a strong optimism for TRMB, with a consensus rating of "Strong Buy" from 12 analysts and a mean price target of $95.58, indicating a potential upside of 16.3% from current levels [6]