Trimble stock holds at $60.25 after Q2 beats
Published on 08/24/2026 at 12:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Trimble Inc. (US8962391058) held at $60.25 after its August 12, 2026 quarter, when revenue reached $972.00 million and adjusted EPS came in at $0.86, above the $0.80 consensus.
Q2 sets the tone
The latest quarter also showed a year-over-year step up from $0.71 EPS and $876.0 million revenue, which means sales rose 11.0% from the same period in 2025. Guidance for Q3 2026 now points to $0.83 to $0.88 EPS, while FY 2026 guidance sits at $3.60 to $3.70 EPS.
That mix matters because the current valuation still reflects a market cap of $14.05 billion, a 50-day moving average of $54.06, and a 200-day moving average of $60.12. Trimble's average broker target stands at $81.78, while the shares opened at $60.25.
Positioning and sentiment
Institutional buying has stayed active, with Varma Mutual Pension Insurance Co. adding 160,100 shares valued at $8.19 million in the second quarter. In the same period, Assenagon Asset Management lifted its position by 29.4% to 347,691 shares, another sign that larger holders are still building around the post-earnings setup.
Analyst tone is mixed but still constructive. The stock carries a market-implied price view of $81.78 from a recent broker consensus, while one firm cut its objective to $61 and another raised its target to $80; that spread leaves Trimble trading close to the lower end of recent sell-side expectations.
What Trimble sells
Trimble's product set spans positioning hardware, construction software, agriculture systems, and fleet and transportation tools, with GNSS/GPS receivers, machine control, and cloud software at the center of the platform. That model links the company to construction productivity, precision agriculture, and logistics workflows rather than a single end market.
Market close
Trimble stock traded at $60.25 as of August 21, 2026, with a market cap of $14.05 billion and a 12-month range of $47.92 to $84.42.
Company details
Company: Trimble Inc.
ISIN: US8962391058
Ticker: TRMB
Exchange: NASDAQ
Sector / Industry: Technology / Scientific and Technical Instruments
Index membership: Nasdaq-100
More on Trimble stock
Trimble's latest report, released August 12, 2026, left two numbers at the center of the debate: $972.00 million in quarterly revenue and $0.86 in EPS. The stock's move from a $54.06 50-day average toward a $60.12 200-day average keeps the chart relevant for traders.
