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JP Morgan analyst Tami Zakaria maintains Trimble (NASDAQ:TRMB) with a Overweight and raises the price target from $75 to $76.
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Associated Builders and Contractors released its sixth annual construction technology report highlighting how contractors are using technology, data, and collaboration to improve health and safety outcomes. The report features case studies on wearable technologies, AI-powered risk detection, mental health initiatives, and connected jobsite solutions from leading construction companies and their technology partners.
Filed: 2026-10-02 AccNo: 0000864749-26-000111 Size: 1 MB Item 1.01: Entry into a Material Definitive Agreement Item 2.03: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant Item 9.01: Financial Statements and Exhibits
The global AI in construction market is projected to grow from USD 5.13 billion in 2025 to USD 53.32 billion by 2035, driven by labor shortages, cost overruns, and adoption of AI-powered planning, safety monitoring, and robotics. North America leads the market with the U.S. accounting for 83.7% of regional revenue, while Asia Pacific emerges as the fastest-growing region. Software solutions dominate with 57.42% market share, while robotics and safety management applications show the fastest growth rates.
Space ETFs are entering a new phase as SPCX, RKLB and ASTS fuel demand for exposure to commercial launches, satellites and next-gen space infrastructure.