Trimble stock falls 1.61 percent on September 28
Published on 09/28/2026 at 17:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Trimble stock (ISIN US8962391058) was trading at USD 56.92 on Nasdaq on September 28, 2026, down 1.61 percent from the prior close. The move came after MarketBeat reported on September 26, 2026, that Wall Street Zen upgraded the stock from Hold to Buy.
Analyst target remains above the stock
MarketBeat's September 26, 2026 report put the average 12-month analyst target at USD 81.78, compared with the USD 57.85 price cited in that report. Its analyst tally showed nine Buy ratings, two Holds and one Sell among 12 covering firms, producing a Moderate Buy consensus.
The latest rating change therefore adds a positive research signal even as the September 28 session showed a lower share price. Trimble's finance profile identifies the company as a technology issuer serving construction, geospatial, transportation and other workflow-intensive industries.
Q2 revenue rose 11.0 percent
According to MarketBeat on September 26, 2026, Trimble delivered adjusted Q2 2026 EPS of USD 0.86, exceeding the USD 0.80 consensus by USD 0.06. Revenue reached USD 972.0 million, up 11.0 percent from the same quarter a year earlier and above the USD 952.09 million estimate.
Management guidance cited in the same report called for Q3 2026 adjusted EPS of USD 0.83-0.88 and fiscal-year 2026 adjusted EPS of USD 3.60-3.70. That guidance gives the earnings comparison a forward checkpoint, while the stock's session price keeps market sentiment as the immediate variable.
Stock trades below its yearly high
Trimble traded between USD 56.01 and USD 57.19 during the September 28 session. Its 52-week range was USD 47.92 to USD 84.42, placing the share price well below the yearly high, while market capitalization stood at USD 13.3 billion and volume reached 486,028 shares.
Trimble's recent operating profile combines recurring software with positioning, navigation and specialized hardware. On September 8, 2026, PR Newswire reported that Trimble acquired Terasat Japan to expand real-time positioning services in Japan; financial terms were not disclosed.
Trimble stock carries a mixed signal
The September 28 price action points lower, while the recent earnings beat, double-digit revenue growth and Wall Street Zen upgrade point to stronger operating expectations. The contrast leaves the USD 81.78 consensus target and the Q3 EPS range as the next concrete benchmarks for the Trimble stock story.
Trimble stock snapshot
- Company: Trimble Inc.
- ISIN: US8962391058
- Ticker: TRMB
- Trading venue: Nasdaq
- Price (as of September 28, 2026, 11:02 a.m. ET): USD 56.92
- Market capitalization: USD 13.3 billion (as of September 28, 2026)
- 52-week range: USD 47.92-84.42 (as of September 28, 2026)
- Sector / Industry: Technology / Software
