TRMB

Trimble Inc.

TechnologyScientific & Technical InstrumentsNASDAQ

$56.41

+$0.44 (0.79%)today

Conviction

7/ 10

Fair Value$90.58

Upside+60.58%

Signal42.41

Market Cap$15.6B

52W Range$55.55–$87.50

Next EarningsMay 6

Conviction History

Conviction Changes

Mar 18, 2026, 5:05 PM6→7conviction-rescore

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Price History

FAIR VALUE ANALYSISMonte Carlo · 3,000 runs · 99% valid

Fair Value$23.36

Current Price$66.60

Upside / Down-64.9%

P(Undervalued)0.0%

P(20%+ Up)0.0%

P(15%+ Down)100.0%

Fair Value Distribution — percentile bands

0.0% of simulations place fair value above current price

WHAT IS PRICED IN

Revenue-Based Reverse DCF

23.7%/yr

±5.2% · revenue growth to justify current price

FCF-Based Reverse DCF

42.9%/yr

±3.6% · FCF growth to justify current price

THE GAP

Market pricing margin compression or rising capex

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Bull Case

Trimble construction/agriculture precision tech; software/services transition driving margin expansion.

Bear Case

Construction cycle exposure; ag equipment demand softness; debt from acquisitions.

Updated Apr 7

Research Feed

analysisMar 31

Conviction: unchanged

TRMB — Construction Tech Leader Riding AI and Infrastructure Secular Tailwinds

Trimble delivered stellar FY2025: 10% revenue growth, 14% ARR growth, strong margin expansion. Software/services now 79% of revenue, ARR at $2.39B. AI-powered features driving incremental ARR. 2026 gu...

sec_10kMar 3

Conviction: unchanged

TRMB FY2025: Margin expansion despite macro headwinds; strategic pivot to recurring revenue bearing fruit

TRMB FY2025: Gross margin 69.1% (+400bps), operating margin 16.5% (+400bps) despite -3% total revenue. Subscription/services growth +2%, ARR +6% organic. AECO segment +10%, strong momentum. Divestitur...