Trimble Inc. (TRMB) earnings on August 12, 2026

Before the market opens Q2 2026

More Trimble Inc. earnings

Prior outlook: Optimistic Outcome: Missed

Trimble's stock dropped despite beating expectations and announcing a large share buyback, as the news fell short of high hopes.

TRMB price around the earnings

56.35

Change: -2.8%

2026-08-12, 20:00 UTC

Start of the measured window End of the measured window
55.75 57.62 59.48 61.35 57.98
Price series around the eventClosing price per minute from before the event to the end of the measured window.
August 12, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Optimistic Outcome: Missed

Thesis published
Results released

Strong expectations, optimistic scenario

Analysts cite strong upside with a strong recent record of beating earnings, but recent price target cuts and high expected volatility suggest the bar is set high. The scenario is optimistic, driven mainly by the technical structure outweighing more cautious sentiment.

Context analyzed before publication

Summary
Strong expectations, optimistic scenario
Playbook
The stock has been outperforming the market recently, with a strong trend and near a support level. However, some analysts have trimmed their price targets, and expected volatility is elevated, indicating a cautious backdrop.
Trend
Analyst confidence strengthening over recent days

Analysts

Drivers

  • Analysts Positive

    The average price target implies a +40.2% upside, with several major banks rating it as a buy.

Evidence

Analysts covering the stock
11
Average price target
81.27
Lowest price target
61
Highest price target
94
Upside to price target
40.2%
Quarterly earnings growth
48.3%
Revenue growth
11.8%
Forward EPS
4.08
Trailing EPS
1.89
Analyst moves in the last 60 days
3
  • Strong buy: 3
  • Buy: 9
  • Hold: 1
  • Sell: 0
  • Strong sell: 0
Strong buy
3
Buy
9
Hold
1
Sell
0
Strong sell
0
  • July 14, 2026 · Wells Fargo: Maintains rating (Overweight → Overweight)
  • July 13, 2026 · JP Morgan: Maintains rating (Overweight → Overweight)
  • July 7, 2026 · Oppenheimer: Reiterates rating (Outperform → Outperform)

News and sentiment

Drivers

  • News & sentiment Negative

    Some analysts have recently lowered their price targets, which tempers the otherwise positive outlook.

Evidence

Sentiment
Sentiment
Constructive
Mention volume
High
Normalized volume
99%
News
Sources (3)

Technicals

Drivers

  • Technical Positive

    The stock is outperforming the S&P 500 by +7.66%, and a recent pullback brought it near a support level.

Evidence

Price when the context was analyzed
57.97
Average true range (ATR)
3.1%
Distance to 52-week high
-31.4%
14-day change (14d)
-0.8%
30-day change (32d)
+9.7%
30-day relative strength
+7.7%
SPY change (32d)
+2.1%
Nearest support
57.61
Distance to nearest support
0.6%
Nearest resistance
58.25
Distance to nearest resistance
0.5%
Volume accumulation ratio (14d / 46d)
1.03
  • Mid: 57.61 (0.6% away, 0.2 ATR, 13 touches)
  • Mid: 57.1 (1.5% away, 0.49 ATR, 21 touches)
  • Minor: 56.77 (2.1% away, 0.68 ATR, 9 touches)
  • Mid: 58.25 (0.5% away, 0.16 ATR, 24 touches)
  • Mid: 58.59 (1.1% away, 0.35 ATR, 10 touches)
  • Mid: 58.92 (1.7% away, 0.54 ATR, 15 touches)

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

    The company has beaten earnings expectations in every quarter, with an average surprise of +10.1%.

Implied move
+6.2%
Source
Options chain

Reactions over its last 20 earnings

Median move
3.3%
75th percentile move
7%
90th percentile move
10.8%
Up / down moves
11 / 9
Average up move
+4.3%
Average down move
-6.4%

Monitoring and close

What Trimble Inc. reported

Status
Finished
Actual EPS0.86
EPS estimate0.8
EPS surprise+7.5%
Revenue$972 million
Revenue estimate$952 million
Revenue surprise+2.1%

Trimble beat Q2 expectations, expanded margins, and raised its full-year outlook. Shares slipped slightly despite the results, keeping an optimistic tone.

Sources (15)

Pre-market second reading after the results

Verdict
Beat expectations

Heading into the open, results beat expectations on both earnings and revenue, yet the price is indicating -1.0% pre-market, a move below the stock's usual reaction (about 3%). In past cases, the figures don't confirm the prior scenario: the price move doesn't follow the direction the results point to.

How the stock reacted

Outcome
Missed
Consolidated
-2.8%
Max favorable move (MFE)
0%
Max adverse move (MAE)
2.1%