Trimble Inc. (TRMB) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$68.37
Price Target
$95.00
Target Range
$86.00 — $101.00
Analyst Rating
Buy
Forward P/E22.1x
Trailing P/E39.1x
Forward PEG9.00
Implied Growth+74.8%
Median Target$96.50
Analyst Spread15.8%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$86
+25.8%
Consensus
$95
+38.9%
Bull Case
$101
+47.7%
Valuation Model TargetsConfidence: 63/100
Bear$55
Base$109
Bull$187
TRMB Price Target Analysis
Updated May 6, 2026As of May 6, 2026, Trimble Inc. (TRMB) has a Wall Street consensus price target of $95.00, based on estimates from 28 covering analysts. With the stock currently trading at $68.37, this represents a potential upside of +38.9%. The company has a market capitalization of $16.27B.
Analyst price targets range from a low of $86.00 to a high of $101.00, representing a 16% spread in expectations. The median target of $96.50 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 17 analysts rating the stock as a Buy or Strong Buy,10 rating it Hold, and 1 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, TRMB trades at a trailing P/E of 39.1x and forward P/E of 22.1x. The forward PEG ratio of 9.00 reflects a premium valuation. Analysts expect EPS to grow +74.8% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $108.55, with bear and bull scenarios of $55.19 and $187.42 respectively. Model confidence stands at 63/100, reflecting moderate uncertainty in projections.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Technology stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+8.4%
Avg Forward P/E32.2x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 KEYSKeysight Technologies, Inc. | $61.0B | $355.93 | $289.25 | -18.7% | Buy | 40.0x | 15 |
 NOVTNovanta Inc. | $4.7B | $132.29 | $150.00 | +13.4% | Buy | 37.1x | 3 |
 GRMNGarmin Ltd. | $45.3B | $234.64 | $269.00 | +14.6% | Hold | 24.7x | 28 |
 OSISOSI Systems, Inc. | $3.9B | $234.74 | $293.50 | +25.0% | Buy | 22.4x | 17 |
 CDNSCadence Design Systems, Inc. | $97.6B | $353.63 | $370.83 | +4.9% | Buy | 44.5x | 31 |
 ADSKAutodesk, Inc. | $53.4B | $249.43 | $338.00 | +35.5% | Buy | 20.1x | 51 |
 BSYBentley Systems, Incorporated | $10.0B | $33.15 | $47.57 | +43.5% | Buy | 24.4x | 12 |
 PRLBProto Labs, Inc. | $1.6B | $67.69 | $38.50 | -43.1% | Hold | 37.3x | 17 |
 CATCaterpillar Inc. | $420.9B | $904.59 | $824.80 | -8.8% | Buy | 39.2x | 53 |
 DEDeere & Company | $156.1B | $575.79 | $680.54 | +18.2% | Hold | 32.3x | 46 |
Upside Potential Comparison
BSYADSKOSISDEGRMNNOVTCDNSCATFull TRMB Stock Analysis
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Start ComparisonTRMB — Frequently Asked Questions
Quick answers to the most common questions about buying TRMB stock.
What is the TRMB stock price target for 2026?
The consensus Wall Street price target for TRMB is $95, representing 38.9% upside from the current price of $68.37. With 28 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
Is TRMB a buy, sell, or hold?
TRMB has a consensus rating of "Buy" based on 28 Wall Street analysts. The rating breakdown is predominantly bullish, with 17 Buy/Strong Buy ratings. The consensus 12-month price target of $95 implies 38.9% upside from current levels.
Is TRMB stock overvalued or undervalued?
TRMB trades at a forward P/E of 22.1226x, representing a moderate valuation. With analysts targeting $95 (38.9% implied move), the stock appears reasonably valued with upside.
How high can TRMB stock go?
The most bullish Wall Street analyst has a price target of $101 for TRMB, while the most conservative target is $86. The consensus of $95 represents the median expectation. Our quantitative valuation model projects a bull case target of $187 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover TRMB stock?
TRMB is heavily covered by Wall Street, with 28 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 17 have Buy ratings, 10 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the TRMB stock forecast?
The 12-month TRMB stock forecast based on 28 Wall Street analysts shows a consensus price target of $95, with estimates ranging from $86 (bear case) to $101 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $109, with bear/bull scenarios of $55/$187.
What is TRMB's fair value based on fundamentals?
Our quantitative valuation model calculates TRMB's fair value at $109 (base case), with a bear case of $55 and bull case of $187. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 63/100.
What is TRMB's forward P/E ratio?
TRMB trades at a forward P/E ratio of 22.1x based on next-twelve-months earnings estimates compared to a trailing P/E of 39.1x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy TRMB stock?
Wall Street analysts are very optimistic on TRMB, with a "Buy" consensus rating and $95 price target (38.9% upside). 17 of 28 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do TRMB price targets vary so much?
TRMB analyst price targets range from $86 to $101, a 16% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $95 consensus represents the middle ground. Our model's $55-$187 range provides an independent fundamental perspective.