Needham & Company LLC Issues Positive Forecast for Zebra Technologies (NASDAQ:ZBRA) Stock Price

Key Points

• Needham & Company raised Zebra Technologies’ price target from $410 to $435 and maintained a “buy” rating, implying 23.65% upside from the prior close. Analysts overall rate the stock “Moderate Buy,” with an average target of $383.08.
• Zebra reported strong quarterly results, including EPS of $6.35 versus the $4.36 consensus and revenue of $1.56 billion, up 20.4% year over year. The company issued third-quarter and full-year 2026 EPS guidance.
• Institutional investors own 91.03% of Zebra’s shares, while two insiders recently sold stock. Shares opened at $351.81, with a 12-month range of $199.05 to $386.23.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) had its target price lifted by stock analysts at Needham & Company LLC from $410.00 to $435.00 in a report issued on Tuesday, Benzinga reports. The brokerage presently has a "buy" rating on the industrial products company's stock. Needham & Company LLC's price target would suggest a potential upside of 23.65% from the stock's previous close.

Several other equities analysts have also commented on the stock. Wall Street Zen raised shares of Zebra Technologies from a "hold" rating to a "buy" rating in a report on Sunday, June 28th. Zacks Research raised shares of Zebra Technologies from a "hold" rating to a "strong-buy" rating in a report on Tuesday, August 11th. UBS Group reissued a "buy" rating on shares of Zebra Technologies in a research note on Wednesday, August 5th. Barclays boosted their price objective on shares of Zebra Technologies from $346.00 to $410.00 and gave the company an "overweight" rating in a research report on Wednesday, August 5th. Finally, KeyCorp raised their target price on Zebra Technologies from $305.00 to $430.00 and gave the company an "overweight" rating in a report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $383.08.

Zebra Technologies Stock Up 0.4%

Shares of ZBRA opened at $351.81 on Tuesday. The company has a current ratio of 0.52, a quick ratio of 0.33 and a debt-to-equity ratio of 0.14. Zebra Technologies has a 12 month low of $199.05 and a 12 month high of $386.23. The firm's 50 day moving average is $325.45 and its 200-day moving average is $264.17. The stock has a market capitalization of $16.76 billion, a PE ratio of 32.19 and a beta of 1.60.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $6.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.36 by $1.99. Zebra Technologies had a return on equity of 22.29% and a net margin of 9.22%.The business had revenue of $1.56 billion during the quarter, compared to analysts' expectations of $1.50 billion. During the same period in the previous year, the company posted $3.61 earnings per share. The firm's revenue for the quarter was up 20.4% compared to the same quarter last year. Zebra Technologies has set its Q3 2026 guidance at 4.700-4.900 EPS and its FY 2026 guidance at 20.750-21.250 EPS. Equities research analysts forecast that Zebra Technologies will post 17.22 EPS for the current year.

Insider Buying and Selling

In other Zebra Technologies news, Director Linda Connly sold 500 shares of the business's stock in a transaction on Monday, August 10th. The shares were sold at an average price of $377.68, for a total transaction of $188,840.00. Following the sale, the director owned 3,708 shares of the company's stock, valued at approximately $1,400,437.44. The trade was a 11.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Michael Cho sold 3,500 shares of the company's stock in a transaction on Friday, August 7th. The stock was sold at an average price of $375.20, for a total transaction of $1,313,200.00. Following the transaction, the insider owned 5,170 shares of the company's stock, valued at $1,939,784. This trade represents a 40.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.91% of the company's stock.

Hedge Funds Weigh In On Zebra Technologies

Institutional investors and hedge funds have recently bought and sold shares of the company. AIGH Capital Management LLC acquired a new position in Zebra Technologies during the first quarter worth $20,908,000. Triodos Investment Management BV grew its holdings in shares of Zebra Technologies by 25.6% during the fourth quarter. Triodos Investment Management BV now owns 54,000 shares of the industrial products company's stock valued at $13,324,000 after buying an additional 11,000 shares during the last quarter. Boyd Watterson Asset Management LLC OH increased its position in shares of Zebra Technologies by 220.2% during the first quarter. Boyd Watterson Asset Management LLC OH now owns 8,574 shares of the industrial products company's stock worth $1,793,000 after acquiring an additional 5,896 shares in the last quarter. Calamos Wealth Management LLC bought a new stake in shares of Zebra Technologies during the first quarter worth about $9,053,000. Finally, Bank of America Corp DE raised its holdings in shares of Zebra Technologies by 22.9% in the 1st quarter. Bank of America Corp DE now owns 291,031 shares of the industrial products company's stock worth $60,849,000 after acquiring an additional 54,222 shares during the last quarter. Institutional investors and hedge funds own 91.03% of the company's stock.

Zebra Technologies Company Profile

Zebra Technologies Corporation NASDAQ: ZBRA provides enterprise asset intelligence solutions that help organizations identify, track and manage physical assets, inventory and workflows. Its technologies are used to capture data at the point of activity and connect that information with business systems.

The company offers barcode and label printers, mobile computers, handheld and fixed industrial scanners, RFID readers and printers, machine vision and imaging systems, location solutions, and related software and services.

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