Zebra Technologies (NASDAQ:ZBRA) Upgraded at Wall Street Zen

Key Points

• Wall Street Zen upgraded Zebra Technologies from “buy” to “strong buy.” Overall analyst sentiment is “Moderate Buy,” with an average price target of $385.83.
• Zebra reported strong quarterly results, earning $6.35 per share versus the $4.36 consensus estimate, while revenue rose 20.4% year over year to $1.56 billion.
• ZBRA opened at $361.26, with a market capitalization of $17.21 billion and a 52-week range of $199.05 to $392.78. Two insiders recently sold shares, while institutional investors own 91.03% of the stock.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) was upgraded by analysts at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a research report issued to clients and investors on Monday, Wall Street Zen reports.

Several other equities research analysts also recently weighed in on ZBRA. Truist Financial lifted their price target on shares of Zebra Technologies from $355.00 to $378.00 and gave the company a "hold" rating in a research note on Monday, October 5th. TD Cowen lifted their price target on shares of Zebra Technologies from $400.00 to $450.00 and gave the stock a "buy" rating in a report on Wednesday, August 5th. Barclays increased their price target on Zebra Technologies from $410.00 to $416.00 and gave the stock an "overweight" rating in a report on Monday, October 12th. Morgan Stanley set a $360.00 price objective on shares of Zebra Technologies in a report on Wednesday, August 5th. Finally, BNP Paribas Exane reiterated an "outperform" rating and issued a $455.00 price objective (up from $370.00) on shares of Zebra Technologies in a report on Wednesday, August 5th. Nine analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $385.83.

Zebra Technologies Price Performance

ZBRA stock opened at $361.26 on Monday. The company has a quick ratio of 0.33, a current ratio of 0.52 and a debt-to-equity ratio of 0.14. The business has a 50 day moving average price of $367.54 and a 200 day moving average price of $280.41. Zebra Technologies has a fifty-two week low of $199.05 and a fifty-two week high of $392.78. The stock has a market cap of $17.21 billion, a price-to-earnings ratio of 33.05 and a beta of 1.61.

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

Insider Transactions at Zebra Technologies

In other Zebra Technologies news, Director Linda Connly sold 500 shares of the stock in a transaction dated 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 of the company's stock, valued at $1,400,437.44. This trade represents a 11.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Michael Cho sold 3,500 shares of the business's stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $375.20, for a total transaction of $1,313,200.00. Following the completion of the sale, the insider owned 5,170 shares of the company's stock, valued at approximately $1,939,784. The trade was a 40.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.91% of the stock is currently owned by company insiders.

Institutional Trading of Zebra Technologies

Large investors have recently made changes to their positions in the company. Provenance Wealth Advisors LLC increased its stake in shares of Zebra Technologies by 7,450.0% in the third quarter. Provenance Wealth Advisors LLC now owns 151 shares of the industrial products company's stock valued at $56,000 after buying an additional 149 shares during the period. Parkside Financial Bank & Trust lifted its position in Zebra Technologies by 33.7% during the second quarter. Parkside Financial Bank & Trust now owns 222 shares of the industrial products company's stock valued at $58,000 after acquiring an additional 56 shares during the last quarter. Community Financial Services Group LLC lifted its stake in shares of Zebra Technologies by 57.0% in the third quarter. Community Financial Services Group LLC now owns 223 shares of the industrial products company's stock worth $84,000 after buying an additional 81 shares in the last quarter. Reyes Financial Architecture Inc. purchased a new stake in shares of Zebra Technologies in the 3rd quarter valued at approximately $93,000. Finally, Root Financial Partners LLC acquired a new position in Zebra Technologies during the third quarter worth about $100,000. Institutional investors own 91.03% of the company's stock.

Zebra Technologies Company Profile

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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