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TRMB / Trimble Has Substantial Upside Potential Despite Flat Growth

Trimble is transitioning from a hardware/software solution to a subscription-based software platform, which is expected to widen margins and boost bottom-line growth. The recent acquisition of Transporeon is anticipated to add value to Trimble's software vertical for transportation services, contributing $135mm in incremental revenue over the next three quarters. Using historical multiples, I expect TRMB's shares to trade at $83.28/share for a market cap of $20,000mm, leading to a buy rating for the company. Read More

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Trimble

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Flat

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TRMB

Posted: Jul 12 2023, 03:43

Author Name: Seeking Alpha

TRMB News

By Zacks Investment Research
November 2, 2023

Trimble (TRMB) Q3 Earnings Beat Estimates, Revenues Up Y/Y

Trimble's (TRMB) third-quarter 2023 results benefit from solid momentum across the Buildings and Infrastructure, and Transportation segments.

By Seeking Alpha
November 1, 2023

Trimble Navigation: Time To Change Course

Trimble Inc. has faced a tough year in 2023 and has now cut its guidance again due to an expensive deal in Germany and a complicated joint venture dea

By Seeking Alpha
November 1, 2023

Trimble Inc. (TRMB) Q3 2023 Earnings Call Transcript

Trimble Inc. (NASDAQ:TRMB ) Q3 2023 Earnings Conference Call November 1, 2023 8:00 AM ET Company Participants Rob Painter - Chief Executive Officer Da

By Zacks Investment Research
October 6, 2023

Trimble (TRMB), Mincon Team Up to Boost Construction Business

Trimble (TRMB) partners with Mincon to provide its Groundworks Machine Control System for the latter's Drill Mast Attachments, enhancing scalable effi

By Zacks Investment Research
September 29, 2023

Trimble (TRMB) Teams Up With Meta to Launch SketchUp Viewer

Trimble (TRMB) partners with Meta to roll out SketchUp Viewer, offering Meta Quest users with presentation and preview of 3D architecture models.

By InvestorPlace
September 28, 2023

TRMB Stock: The $3 BILLION Reason Trimble Is Up Today

Trimble (NASDAQ: TRMB ) stock is heading higher on Thursday as investors react to a new agreement with AGCO (NYSE: AGCO ). The big news here that has

By Zacks Investment Research
September 27, 2023

Trimble (TRMB) Boosts Geospatial Segment With New Partnership

Trimble (TRMB) teams up with Kyivstar to install a Continuously Operating Reference Station (CORS) network for GNSS correction services in Ukraine.

By Zacks Investment Research
September 21, 2023

Trimble (TRMB) Boosts Transportation Segment With New Solution

Trimble (TRMB) unveils Appian Daily Planner, a cloud-based solution for fleet owners, enhancing efficiency and asset utilization in multi-stop routes.

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