Trimble Inc RSI Indicates Oversold Condition Amid Market Decline
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 20 Jan 26
Source: NASDAQ.COM
Trimble Inc (TRMB) experienced a price drop of 4.75% as it hit a 20-day low of $73.52 during trading, reflecting significant volatility in the current market environment.
The company's RSI has fallen to 29.4, indicating an oversold condition that suggests the recent heavy selling may be exhausting. This situation could prompt bullish investors to seek buying opportunities, especially as TRMB approaches its 52-week low, potentially leading to increased investor interest and capital inflow.
As TRMB navigates this challenging market backdrop, the oversold signal may attract investors looking for a rebound, which could drive the stock price upward in the near future.
Analyst Views on TRMB
Wall Street analysts forecast TRMB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TRMB is 98.63 USD with a low forecast of 94.00 USD and a high forecast of 102.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
9 Buy
0 Hold
0 Sell
Strong Buy
Current: 70.070
Low
94.00
Averages
98.63
High
102.00
Current: 70.070
Low
94.00
Averages
98.63
High
102.00
About TRMB
Trimble Inc. is a global technology company. The Company's segments include Architects, Engineers, Construction and Owners (AECO), Field Systems, and Transportation and Logistics (T&L). The AECO segment primarily serves customers working in architecture, engineering, construction, design, asset management, operations, and maintenance. Within this segment, its substantial product portfolios are software solutions focused on design, engineering, building and civil construction, capital planning, and asset management software. The Field Systems segment primarily serves customers working in surveying and mapping, civil construction, building construction field services, and positioning systems. Within this segment, its substantial product portfolios are hardware and software solutions focused on geospatial, civil engineering construction, and positioning services. The T&L segment provides a suite of solutions for shippers, carriers, and intermediaries globally.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
