Analysts' optimism dwindles as revenues are expected to fall...
Analysts' optimism dwindles as revenues are expected to fall despite maintaining EPS. Lower revenue forecasts for Trimble next year won't impact valuation significantly. A forecasted shrink in revenues indicates a major reduction from 4.3% annual growth over the last five years. Trimble is expected to lag the wider industry.
Trimble Inc. (NASDAQ:TRMB) Released Earnings Last Week And Analysts Lifted Their Price Target To US$64.49
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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