Wells Fargo has initiated coverage on Trimble Inc (TRMB) with an Overweight rating as of November 13, 2025. This marks the firm's first assessment of the company, reflecting their research into Trimble's business operations, industry dynamics, and growth prospects.
Headquartered in Westminster, Colorado, Trimble specializes in advanced positioning, modeling, and data analytics technologies that bridge the digital and physical worlds. The company employs approximately 12,100 individuals and serves a diverse range of industries, including architecture, construction, civil engineering, and transportation. With a current market capitalization of $18.6 billion, Trimble has a P/E ratio of 64.94 and an EPS of 1.17.
Analysts' ratings and price targets are based on extensive research and financial modeling. However, these evaluations are subject to change as new information arises, and they should be considered alongside other factors, such as company fundamentals and market trends. Trimble's upcoming earnings report is anticipated on August 3, 2026, with estimates of $0.80 EPS and $950.9 million in revenue, following a strong Q3 2025 performance where the company reported an EPS of $0.81, exceeding estimates by 10.6%.
The recent analyst consensus indicates a majority bullish outlook, with 8 Strong Buy, 10 Buy, and 2 Hold ratings among 20 total analysts.
This update provides insight into the growing interest in Trimble as it continues to enhance productivity and sustainability across various sectors.