Keybanc has upgraded Trimble Inc (TRMB) to Overweight from Sector Weight as of December 15, 2025. This change reflects a more optimistic view on the company's prospects, suggesting improved fundamentals or enhanced confidence in its strategic direction.
Currently priced at $80.17, Trimble operates in the electrical equipment industry, providing advanced positioning, modelling, and data analytics technologies. The company, headquartered in Westminster, Colorado, employs approximately 12,100 staff and serves various sectors including architecture, construction, civil engineering, and transportation.
Trimble's market capitalisation stands at $18.8 billion, with a price-to-earnings ratio of 52.60 and an earnings per share (EPS) of 1.47. The company has demonstrated consistent performance in recent quarters, with notable earnings surprises, including a Q3 2025 EPS of $0.81, exceeding estimates by 10.6%. Upcoming earnings reports are anticipated, with an EPS estimate of $0.82 and revenue estimate of $958.5 million for August 4, 2026.
Analyst consensus indicates a Buy rating, with 8 Strong Buy, 11 Buy, and 2 Hold ratings among a total of 21 analysts. The recent upgrade by Keybanc follows similar positive actions from other firms, including Wells Fargo and Barclays, highlighting a growing confidence in Trimble's future prospects.
Such decisions reflect the evolving landscape of analyst sentiment towards Trimble, which continues to adapt to the demands of its diverse clientele.