StocksMedium•4 November 2026•
1 min read
Trimble Stock Plunges 18% on Q3 Revenue Miss and Lowered Profit Guidance
Key Facts
1Trimble shares plunged 18% after Q3 revenue missed analyst estimates.
2The company cut its FY2026 GAAP earnings guidance citing headwinds in Europe, agriculture, and transition phases.
Trimble shares plunged 18% after Q3 revenue missed analyst estimates. Benzinga reported that the company cut its FY2026 GAAP earnings guidance, citing headwinds in Europe and the agriculture sector, alongside ongoing transition phases.
Trimble closed at $65.61 on November 3, 2026, with the session seeing a high of $66.44 and a low of $64.35. The decline follows significant operational pressure within the company's core markets during the third quarter of 2026.