Is Trimble Stock Underperforming the Nasdaq?

3 days ago 7

Westminster, Colorado-based Trimble Inc. (TRMB) is an archetypal instrumentality shaper of positioning, surveying, and instrumentality power products. Valued at $19.1 cardinal by a marketplace cap, Trimble amalgamates carnal and integer worlds done hardware, software, and services crossed agriculture, construction, geospatial, and proscription industries.

Companies worthy $10 cardinal oregon much are mostly described arsenic "large-cap stocks." Trimble fits close into that category, with its marketplace headdress exceeding this threshold, reflecting its important size and power successful the technological & method instruments industry. Its solutions alteration customers to enactment successful caller ways to measure, build, grow, and determination goods for a amended prime of life.

  • Inflation Data, AI Earnings and Other Can't Miss Items this Week

  • How to Make a 1.77% 1-Month Yield successful GOOGL Stock - It Still Looks Undervalued

  • Is IBM the Top Tech Stock to Buy for 2026?

  • Our exclusive Barchart Brief newsletter is your FREE midday usher to what's moving stocks, sectors, and capitalist sentiment - delivered close erstwhile you request the info most. Subscribe today!

Trimble touched its three-year precocious of $87.50 connected Aug. 6 and is presently trading 8.3% beneath that peak. Meanwhile, TRMB banal prices have dipped 77 bps implicit the past 3 months, notably underperforming the Nasdaq Composite’s ($NASX) 4.8% gains during the aforesaid clip frame.

www.barchart.com

www.barchart.com

Trimble has lagged down the Nasdaq implicit the longer word arsenic well. TRMB banal prices person gained 13.6% connected a YTD ground and 7.2% implicit the past 52 weeks, compared to NASX’s 20.1% surge successful 2025 and 16.5% gains implicit the past year.

TRMB banal has traded consistently supra its 200-day moving mean since aboriginal May and supra its 50-day moving mean since precocious November, underscoring its bullish trend.

www.barchart.com

www.barchart.com

Trimble’s banal prices gained 2.5% successful the trading league pursuing the merchandise of its impressive Q3 results connected Nov. 5. The institution observed a notable surge successful integrated revenues, which pushed its topline and annualized recurring revenues. Driven by a surge successful subscription and services revenues, the company’s wide topline grew 2.9% year-over-year to $901.2 million. Further, its adjusted EPS soared 15.7% year-over-year to $0.81, beating the statement estimates by 12.5%.

Meanwhile, Trimble has notably outperformed its peer, Fortive Corporation’s (FTV) 26.8% diminution connected a YTD ground and 28.5% plunge implicit the past 52 weeks.

Among the 13 analysts covering the TRMB stock, the statement standing is simply a “Strong Buy.” Its mean terms people of $97.70 suggests a 21.7% upside imaginable from existent terms levels.

On the day of publication, Aditya Sarawgi did not person (either straight oregon indirectly) positions successful immoderate of the securities mentioned successful this article. All accusation and information successful this nonfiction is solely for informational purposes. This nonfiction was originally published connected Barchart.com

Read Entire Article