How Is Trimble's Stock Performance Compared to Other Technology Stocks?
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Westminster, Colorado-based Trimble Inc. (TRMB) provides technology solutions that enable professionals and field mobile workers to enhance or transform their work processes in North America and internationally. With a market cap of $17.1 billion, the company offers architecture design, engineering, construction, and owner software products.
Companies worth $10 billion or more are generally described as “large-cap stocks,” and TRMB fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the scientific & technical instruments industry. The company gains competitive advantages through its strong technology portfolio, diversified business model, and expertise in positioning, modeling, connectivity, and data analytics, allowing it to connect the digital and physical worlds, enhancing productivity, quality, safety, and sustainability across various industries
Despite its strengths, the stock has plunged 6.5% from its 52-week high of $77.78 touched on Jan. 24. Over the past three months, TRMB stock has grown 3.1%, underperforming the Technology Select Sector SPDR Fund’s (XLK) 13.5% rise during the same time frame.
TRMB stock has grown 2.9% on a YTD basis, underperforming XLK’s 4.5% rise in 2025. However, TRMB has surged 29.5% over the past 52 weeks, outperforming XLK’s 6.3% rally.
To confirm its recent uptrend, TRMB has been trading above its 200-day and 50-day moving averages since early May.
TRMB shares rose 4.7% following the release of its Q1 earnings on May 7. The GPS manufacturer posted a revenue of $840.6 million, which came on top of the Street’s forecasts. Additionally, its adjusted earnings for the quarter came in at $0.48, which surpassed the consensus estimates by 4.4%. Looking ahead, the company expects its Q2 revenue to be in the range of $815 million and $845 million.
Its peer, Teledyne Technologies Incorporated (TDY), has grown 5.8% in 2025 and 26.4% over the past year, slightly underperforming TRMB.
Among the 11 analysts covering the TRMB stock, the consensus rating is a “Strong Buy.” Its mean price target of $83.58 suggests an impressive 14.9% upside potential from current price levels.
On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.