Trimble Inc. (TRMB) earnings on May 6, 2026
Prior outlook: Pessimistic Outcome: Accurate
TRMB stock initially rose but then fell sharply after earnings. The company reported mixed results and reduced its future outlook.
TRMB price around the earnings
63.42
Change: -7.2%
2026-05-06, 20:00 UTC
- Price: green if it ends above the starting price; red if it ends below
- End of the measured window
- Market open
- Starting price
Prior thesis
Prior outlook: Pessimistic Outcome: Accurate
- Thesis published
Mixed results, guidance cut — a cautious scenario.
The company's recent earnings report showed mixed results, with earnings per share meeting expectations but missing on GAAP measures. The financial forecast for the year was also lowered, which is concerning investors.
Context analyzed before publication
- Summary
- Mixed results, guidance cut — the scenario is pessimistic.
- Reasoning
- The company's recent earnings report showed mixed results, with earnings per share meeting expectations but missing on GAAP measures. They also lowered their financial forecast for the year, which is concerning investors.
- Playbook
- Given the lowered financial outlook and recent underperformance, the scenario points to a need for clearer signs of improvement.
- Trend
- Significant selloff post-earnings, negative trend.
Analysts
Drivers
-
Analysts
Positive
Analysts have set a price target that points to an optimistic scenario. One firm even upgraded their rating, showing positive sentiment.
Evidence
- Analysts covering the stock
- 12
- Average price target
- 90.58
- Lowest price target
- 79
- Highest price target
- 103
- Upside to price target
- 38.8%
- Quarterly earnings growth
- 73.6%
- Revenue growth
- -1.4%
- Forward EPS
- 4.04
- Trailing EPS
- 1.76
- Analyst moves in the last 60 days
- 1
- Strong buy: 4
- Buy: 9
- Hold: 0
- Sell: 0
- Strong sell: 0
- Strong buy
- 4
- Buy
- 9
- Hold
- 0
- Sell
- 0
- Strong sell
- 0
- March 30, 2026 · Baird: Maintains rating (Outperform → Outperform)
News and sentiment
Drivers
-
News & sentiment
Negative
The company's own financial forecast for earnings per share is lower than what analysts were expecting. They also narrowed their full-year forecast, signaling potential challenges ahead.
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (8)
- AI-Fueled Trimble Raises Outlook On Strong Demand — Benzinga
- Trimble Sees Q2 Adj EPS $0.78-$0.82 vs $0.80 Est; Sees Sales $938.000M-$963.000M vs $945.965M Est — Benzinga
- Trimble Sees Q2 GAAP EPS $0.38-$0.42 vs $0.49 Est — Benzinga
- Trimble Narrows FY2026 GAAP EPS Guidance from $2.04-$2.23 to $2.05-$2.21 vs $2.29 Est — Benzinga
- Trimble Raises FY2026 Adj EPS Guidance from $3.42-$3.62 to $3.47-$3.64 vs $3.52 Est; Raises FY2026 Sales Guidance from $3.810B-$3.910B to $3.835B-$3.915B vs $3.866B Est — Benzinga
- Trimble Q1 Adj. EPS $0.79 Beats $0.72 Estimate, Sales $939.900M Beat $905.577M Estimate — Benzinga
- Trimble Integrates Claude AI Into SketchUp — Benzinga
- Reported Earlier, Trimble Brings Anthropic's Claude To SketchUp, Allowing Users To Create 3D Models Directly From Conversational Prompts — Benzinga
Technicals
Drivers
-
Technical
Negative
The stock's recent performance over the last month has been weak compared to the broader market. This suggests it is not keeping pace with overall market gains.
Evidence
- Average true range (ATR)
- 2.9%
- Distance to 52-week high
- -25.4%
- 14-day change (14d)
- -5.9%
- 30-day change
- -1.0%
- 30-day relative strength
- -13.2%
- Benchmark change
- +12.2%
- Nearest support
- 62.03
- Nearest resistance
- 70.72
- Volume accumulation ratio
- 1.01
Trends
Evidence
- Average earnings surprise
- +10.1%
- May 6, 2026: actual EPS 0.79 vs estimate 0.72 (surprise +9.8%)
- February 10, 2026: actual EPS 1 vs estimate 0.96 (surprise +4.1%)
- November 5, 2025: actual EPS 0.81 vs estimate 0.72 (surprise +12.9%)
- August 6, 2025: actual EPS 0.71 vs estimate 0.63 (surprise +13.6%)
Expected move
Drivers
-
Past earnings
Positive
Historically, the company has a strong track record of beating earnings expectations. This suggests they have often performed better than anticipated in the past.
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 3.2%
- 75th percentile move
- 6.3%
- 90th percentile move
- 11%
- Up / down moves
- 11 / 8
- Average up move
- +4.3%
- Average down move
- -6.3%
Monitoring and close
What Trimble Inc. reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Accurate
- Consolidated
- -7.2%
- Max favorable move (MFE)
- 7.5%
- Max adverse move (MAE)
- 1%