Trimble Inc. (TRMB), a technology company with a market cap of $19.2 billion, integrates GPS, laser, optics, and software to enhance productivity in industries like construction and agriculture. Despite underperforming the market, Trimble’s stock has gained 8.5% in the past year and 11.6% YTD, lagging behind the S&P 500 Index. Following stronger-than-expected Q3 results, Trimble’s stock rose 2.5%, reporting record gross margin and revenue of $901.2 million. Analysts expect EPS to grow 10.4% this fiscal year, with a consensus “Strong Buy” rating. Oppenheimer maintains a “Buy” rating with a $102 price target, suggesting a 29.4% upside.
Read more at Barchart: Do Wall Street Analysts Like Trimble Stock?
