Trimble Announces Fourth Quarter and Full Year 2024 Results and Initiates 2025 Guidance

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Trimble Navigation (TRMB) PT Raised to $94 at JPMorgan

February 20, 2025 5:13 AM EST

JPMorgan analyst Ann Duignan raised the price target on Trimble Navigation (NASDAQ: TRMB) to $94.00 (from $92.00) while maintaining a Overweight rating.

The analyst comments "Remain Overweight as a prudently conservative guide and QoQ improvement in sales/earnings throughout 2025 should drive continued re-rating; raising Dec 25 PT to $94 from $92. TRMB reported a roughly in-line print in 4Q with a sizeable revenue beat partially offset by increased variable... More