Trimble (TRMB) Could Be 32% Undervalued After Q3 Results And Forecast Reset

Trimble (TRMB) just put fresh numbers on the table, with third quarter 2026 results, updated forecasts for the rest of the year, and a completed share repurchase program all landing at once.

That fresh set of figures lands against a tough tape for Trimble, with the share price down 17.31% on the day to $54.25 and falling 30.74% year to date. The 1-year total shareholder return is down 32.67%, but the 3-year total shareholder return is still up 29.11%, showing long term holders are sitting on gains even as recent momentum has faded sharply following the guidance update and the completion of the buyback.

Scan how Trimble compares with other potential rebound candidates by checking a curated group of 35 high quality undervalued stocks that combine quality fundamentals with compressed expectations.

The stock just fell hard while analyst targets and intrinsic value estimates still sit much higher. Does Trimble’s fair value lie closer to the shaken share price, or to that wide range of published appraisals?

Most Popular Narrative: 32% Undervalued

Trimble’s most followed valuation narrative puts fair value at $80.18 per share, well above the latest close at $54.25. As a result, the recent selloff is being framed as a sizable disconnect rather than a minor wobble.

The migration from hardware focused, CapEx models to bundled, subscription based offerings in areas like Field Systems, with roughly $2.5b of ARR growing at around double digits and a 79% software mix, is improving revenue visibility and raising the recurring revenue contribution to earnings.

See why 21 investors see Trimble as 32% undervalued.

Result: Fair Value of $80.18 (UNDERVALUED)

Still, the Trimble story can break if the field systems product transition drags or if accounting control issues linger and keep investors on the sidelines.

Find out about the key risks to this Trimble narrative.

Next Steps

Sentiment around Trimble is split, with sharp price moves set against a valuation story that still looks constructive. If you want to move quickly and build your own view from the ground up, you can start by reviewing the factors driving optimism in the 4 key rewards.

Looking for more investment ideas beyond Trimble?

If Trimble has your attention, do not stop there. Broaden your watchlist with other clear, data driven setups that could sharpen your next move.

• Target fresh opportunities in smaller companies with strong numbers by scanning the 7 elite penny stocks with strong financials before attention rushes back into the riskiest corners of the market.
• Prioritise resilience by reviewing a list of solid balance sheet and fundamentals (24 results) so you can focus on businesses where financial footing does more of the heavy lifting.
• Spot potential mispricing early by working through a 31 resilient stocks with low risk scores that highlights companies combining measured risk profiles with cleaner fundamentals.

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