Trimble (TRMB) Is Among The Top Lowest Forward P/E Stocks In The S&P 500

A beat-and-raise 4th gave Trimble Inc. (NASDAQ:TRMB) a beardown commencement to 2026, though the stock's muted absorption and a brace of expert people cuts since person tempered the caller enthusiasm.

Trimble Inc. (NASDAQ:TRMB) reported first-quarter gross of $939.9 million, up of the $905.6 cardinal expert estimate. Adjusted EPS came successful astatine $0.79, beating the $0.72 consensus. The institution raised its full-year 2026 gross outlook to $3.84 cardinal to $3.92 cardinal from a anterior scope of $3.81 cardinal to $3.91 billion, and lifted its adjusted EPS guidance to $3.47 to $3.64 from $3.42 to $3.62. For the 2nd quarter, Trimble guided gross of $938 cardinal to $963 cardinal and adjusted EPS of $0.78 to $0.82.

Despite the beat, Trimble Inc. (NASDAQ:TRMB) closed 7.2% little connected the day. On May 7, 2026, Oppenheimer lowered its terms people to $80 from $86 portion keeping an "Outperform" rating. The steadfast said underlying fundamentals crossed the concern are unchanged but flagged a deficiency of visibility successful Field Systems successful the 2nd fractional of 2026 arsenic a crushed to clasp abstraction for caution.

On May 29, 2026, Barclays chopped its terms people connected Trimble Inc. (NASDAQ:TRMB) to $79 from $103, besides keeping an "Overweight" rating, arsenic portion of a broader accommodation to estimates and targets crossed its Industrial Tech coverage.

The banal is down implicit 30% year-to-date. Yet the banal retains the enactment of 100% of covering analysts arsenic of June 8, 2026.

Founded successful 1978 and headquartered successful Westminster, Colorado, Trimble Inc. (NASDAQ:TRMB) accelerates warehouse operation utilizing precocious spatial positioning and Building Information Modeling (BIM). Its automation bundle and 3D laser scanning tools amended structural plan accuracy, optimize tract layouts, and streamline the operation of large-scale logistics and fulfillment centers.

While we admit the imaginable of TRMB arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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