Trimble stock reaches 52-week high at 81.67 USD

Trimble Inc (TRMB) stock has reached a new 52-week high, hitting 81.67 USD. This milestone comes amid a strong 38.73% increase in the company’s stock price over the past year. According to InvestingPro analysis, the stock appears to be trading above its Fair Value, with technical indicators suggesting overbought conditions. The rise in Trimble’s stock price reflects strong market confidence and potentially favorable business developments. With a market capitalization of $19.46 billion and a P/E ratio of 13.17, investors have shown increased interest in Trimble’s offerings. The company’s performance has been notable, delivering a 14.17% return year-to-date. Analyst consensus remains bullish, with price targets ranging from $77 to $95. For deeper insights and additional ProTips, access the comprehensive Pro Research Report available on InvestingPro.

In other recent news, Trimble Inc. reported first-quarter results that exceeded expectations, with adjusted earnings per share of $0.61, surpassing the analyst estimate of $0.58. The company also reported revenue of $840.6 million, beating the consensus estimate of $811.4 million. Trimble’s annualized recurring revenue reached a record high of $2.18 billion, reflecting a 7% year-over-year increase. Additionally, the company maintained its full-year 2025 guidance, projecting revenue between $3.37 billion and $3.47 billion.

In other developments, JPMorgan raised its price target for Trimble shares to $88, up from $84, while maintaining an Overweight rating. This adjustment reflects confidence in Trimble’s growth prospects, as discussed during a recent investor event. Meanwhile, Bernstein reiterated an Outperform rating with a price target of $80, noting Trimble’s resilience in construction technology demand and effective cross-selling strategies.

Furthermore, during Trimble’s annual meeting, shareholders elected all ten director nominees and approved executive compensation, with Robert G. Painter receiving the highest support. KPMG was also ratified as the independent registered public accounting firm for the fiscal year ending January 2, 2026.

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