Zebra Technologies (NASDAQ:ZBRA) Stock Rating Cut to "Buy" at Wall Street Zen

Key Points

• Wall Street Zen downgraded Zebra Technologies from “strong-buy” to “buy,” while the broader analyst consensus remains “Moderate Buy,” with nine Buy ratings and four Holds.
• Zebra shares opened at $386.45, near their 12-month high of $392.78, and have risen above their 50-day and 200-day moving averages.
• The company reported quarterly EPS of $6.35, well above the $4.36 estimate, on revenue of $1.56 billion, up 20.4% year over year; analysts’ average price target is $385.83.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) was downgraded by stock analysts at Wall Street Zen from a "strong-buy" rating to a "buy" rating in a report released on Sunday, Wall Street Zen reports.

Other research analysts have also recently issued reports about the company. BNP Paribas Exane restated an "outperform" rating and set a $455.00 target price (up from $370.00) on shares of Zebra Technologies in a report on Wednesday, August 5th. Truist Financial upped their price target on Zebra Technologies from $355.00 to $378.00 and gave the company a "hold" rating in a research report on Monday, October 5th. TD Cowen increased their price target on Zebra Technologies from $400.00 to $450.00 and gave the company a "buy" rating in a report on Wednesday, August 5th. Barclays lifted their price objective on Zebra Technologies from $410.00 to $416.00 and gave the stock an "overweight" rating in a research report on Monday, October 12th. Finally, Zacks Research downgraded Zebra Technologies from a "strong-buy" rating to a "hold" rating in a research report on Monday, October 5th. Nine research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat, Zebra Technologies has an average rating of "Moderate Buy" and an average target price of $385.83.

Zebra Technologies Trading Up 0.6%

ZBRA stock opened at $386.45 on Friday. 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 $392.78. The stock has a market cap of $18.41 billion, a price-to-earnings ratio of 35.36 and a beta of 1.58. The business's 50-day moving average is $366.07 and its 200 day moving average is $296.24.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last announced its earnings results on Tuesday, August 4th. The industrial products company reported $6.35 EPS for the quarter, beating analysts' consensus estimates of $4.36 by $1.99. The business had revenue of $1.56 billion during the quarter, compared to analysts' expectations of $1.50 billion. Zebra Technologies had a return on equity of 22.29% and a net margin of 9.22%. The business's revenue was up 20.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.61 earnings per share. 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. On average, sell-side analysts anticipate that Zebra Technologies will post 18.07 EPS for the current fiscal year.

Insiders Place Their Bets

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

Institutional Trading of Zebra Technologies

A number of institutional investors and hedge funds have recently bought and sold shares of ZBRA. Swedbank AB boosted its stake in shares of Zebra Technologies by 958.0% in the 1st quarter. Swedbank AB now owns 417,898 shares of the industrial products company's stock valued at $87,374,000 after buying an additional 378,400 shares during the period. Arrowstreet Capital Limited Partnership grew its position in shares of Zebra Technologies by 111.6% during the first quarter. Arrowstreet Capital Limited Partnership now owns 500,628 shares of the industrial products company's stock worth $104,671,000 after buying an additional 264,015 shares in the last quarter. Renaissance Technologies LLC increased its stake in shares of Zebra Technologies by 415.3% during the first quarter. Renaissance Technologies LLC now owns 288,311 shares of the industrial products company's stock worth $60,280,000 after buying an additional 232,360 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Zebra Technologies by 37.0% during the first quarter. Dimensional Fund Advisors LP now owns 686,335 shares of the industrial products company's stock worth $143,473,000 after buying an additional 185,387 shares during the period. Finally, Oslo Pensjonsforsikring AS purchased a new stake in shares of Zebra Technologies during the first quarter worth approximately $26,993,000. 91.03% of the stock is currently owned by hedge funds and other institutional investors.

About Zebra Technologies

Zebra Technologies Corp. NASDAQ: ZBRA develops technologies that help businesses identify, track and manage assets, inventory and operational processes. Its solutions are used by organizations in retail, manufacturing, transportation and logistics, healthcare, government and other industries to improve visibility and productivity across their operations.

The company's portfolio includes barcode and label printers, barcode scanners, mobile computers, radio-frequency identification (RFID) readers and tags, machine-vision systems, fixed industrial scanners and related software.

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