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Trend Micro Incorporated (DE:TMI)
FRANKFURT:TMI

Trend Micro (TMI) Price & Analysis

3 Followers

TMI Stock Chart & Stats

€29.81
€0.37(1.13%)
At close: 4:00 PM EDT
€29.81
€0.37(1.13%)

Bulls Say, Bears Say

Bulls Say
Debt-free Balance SheetA zero-debt balance sheet materially reduces financial risk and preserves flexibility for investment, dividends, or acquisitions. Strong recent returns on equity also indicate that Trend Micro is generating substantial profitability from its capital base, supporting resilience over the next several quarters.
High-margin ProfitabilityPersistently high gross margins and solid operating profitability indicate a scalable software model with meaningful economic value in its products. This margin structure can support continued investment in cloud, AI, and product development while preserving attractive long-term earnings potential.
Strong Vision One AdoptionRapid Vision One ARR growth, expanding retention, and rising customer attachment demonstrate successful migration toward a broader platform offering. Higher solution depth and net retention can strengthen recurring revenue quality, improve customer lifetime value, and offset declines in legacy SaaS products.
Bears Say
Near-term Earnings PressureCloud, AI, infrastructure, and transition spending is materially reducing operating income despite stable sales guidance. Management expects costs to moderate in the second half, but the timing and scale of margin recovery remain uncertain, creating a meaningful near-term risk to earnings conversion.
Modest Growth And Legacy DeclineThe company’s established revenue base is growing only modestly, while legacy SaaS declines require Vision One and newer offerings to accelerate. If newer products do not fully offset mature-product pressure, overall growth and operating leverage could remain constrained over the coming quarters.
Softening Free Cash FlowHealthy cash generation and close alignment with net income support earnings quality, but the recent decline in free cash flow shows that cash expansion is not keeping pace consistently. Continued investment spending could limit internally funded flexibility until growth and cost efficiency improve.

Trend Micro News

TMI FAQ

What was Trend Micro Incorporated’s price range in the past 12 months?
Trend Micro Incorporated lowest stock price was €26.54 and its highest was €44.70 in the past 12 months.
    What is Trend Micro Incorporated’s market cap?
    Trend Micro Incorporated’s market cap is €5.61B.
      When is Trend Micro Incorporated’s upcoming earnings report date?
      Trend Micro Incorporated’s upcoming earnings report date is Nov 05, 2026 which is in 22 days.
        How were Trend Micro Incorporated’s earnings last quarter?
        Trend Micro Incorporated released its earnings results on Aug 13, 2026. The company reported €0.151 earnings per share for the quarter, missing the consensus estimate of €0.355 by -€0.204.
          Is Trend Micro Incorporated overvalued?
          According to Wall Street analysts Trend Micro Incorporated’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Trend Micro Incorporated pay dividends?
            Trend Micro Incorporated does not currently pay dividends.
            What is Trend Micro Incorporated’s EPS estimate?
            Trend Micro Incorporated’s EPS estimate is 0.37.
              How many shares outstanding does Trend Micro Incorporated have?
              Trend Micro Incorporated has 140,901,610 shares outstanding.
                What happened to Trend Micro Incorporated’s price movement after its last earnings report?
                Trend Micro Incorporated reported an EPS of €0.151 in its last earnings report, missing expectations of €0.355. Following the earnings report the stock price went down -9.067%.
                  Which hedge fund is a major shareholder of Trend Micro Incorporated?
                  Currently, no hedge funds are holding shares in DE:TMI
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    Trend Micro Incorporated

                    Trend Micro Incorporated, established in 1965 and headquartered in Tokyo, Japan, is a leading provider of computer and internet security software, primarily serving the Japanese market. The company offers a comprehensive suite of hybrid cloud security solutions, encompassing areas like conformity, workload, container, file storage, application, network, and open-source protection. Their offerings extend to intrusion prevention, threat defense, and securing both industrial and mobile networks, alongside robust endpoint security for email, mobile, web, and industrial systems. Trend Micro also facilitates cloud adoption with solutions for migration, cloud-native application development, cloud operational security, data center protection, and SaaS applications. Furthermore, the company addresses specialized security needs for ICS/OT, connected cars, and 5G infrastructure, while providing critical solutions for ransomware mitigation, end-of-support systems, regulatory compliance, and advanced detection and response. Their diverse client base includes industries such as oil and gas, healthcare, manufacturing, and electric utilities.

                    Trend Micro (TMI) Earnings & Revenues

                    TMI Company Deck

                    TMI Earnings Call

                    Q2 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Neutral
                    Balanced: The call presented strong product and ARR momentum (notably Vision One’s 49% ARR growth, 122% NRR, improved retention and clear AI-driven productivity gains) and a defined multi-year strategy toward AI-native cybersecurity leadership. Offsetting this, the company is absorbing sizable near-term investments — particularly cloud/AI consumption, internal AI ramp-up and one-time infrastructure/transition costs — which materially pressured operating income and led to downward revisions to income guidance. Management positioned the cost increases as deliberate, temporary, and targeted to unlock future growth and improved unit economics, with expectations of improvement in the second half, but timing and magnitude of margin recovery remain key uncertainties.View all DE:TMI earnings summaries

                    TMI Stock 12 Month Forecast

                    Average Price Target

                    €33.27
                    ▲(11.60% Upside)
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