Zebra Technologies (NASDAQ:ZBRA) Hits New 12-Month High - What's Next?

Key Points

• Zebra Technologies reached a new 52-week high of $391.82, with shares last trading near $391.47 and a market capitalization of approximately $18.67 billion.
• Analysts remain broadly positive, with nine Buy ratings and four Holds producing a “Moderate Buy” consensus; the average price target is $385.83, while individual targets range as high as $455.
• The company posted quarterly EPS of $6.35 versus the $4.36 consensus estimate, while revenue rose 20.4% year over year to $1.56 billion. Institutional investors own roughly 91% of the outstanding shares, although two insiders recently sold stock.

Zebra Technologies Corporation (NASDAQ:ZBRA - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday. The company traded as high as $391.82 and last traded at $391.4650, with a volume of 87,194 shares changing hands. The stock had previously closed at $384.08.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Truist Financial lifted 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. Needham & Company LLC raised their target price on Zebra Technologies from $410.00 to $435.00 and gave the company a "buy" rating in a research note on Tuesday, September 15th. KeyCorp lifted their target price on Zebra Technologies from $305.00 to $430.00 and gave the stock an "overweight" rating in a report on Wednesday, August 5th. BNP Paribas Exane reiterated an "outperform" rating and issued a $455.00 price target (up from $370.00) on shares of Zebra Technologies in a research report on Wednesday, August 5th. Finally, UBS Group reissued a "buy" rating on shares of Zebra Technologies in a report on Wednesday, August 5th. Nine investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $385.83.

Zebra Technologies Stock Performance

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 stock has a market cap of $18.67 billion, a price-to-earnings ratio of 35.84 and a beta of 1.58. The company's 50-day simple moving average is $365.51 and its 200-day simple moving average is $293.00.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last posted 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 company had revenue of $1.56 billion for the quarter, compared to analysts' expectations of $1.50 billion. During the same quarter in the prior year, the company earned $3.61 earnings per share. The firm's revenue was up 20.4% on a year-over-year basis. 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. Analysts predict that Zebra Technologies Corporation will post 18.07 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Michael Cho sold 3,500 shares of the business'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 sale, the insider directly owned 5,170 shares of the company's stock, valued at $1,939,784. The trade was a 40.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Linda Connly sold 500 shares of the company's stock in a transaction on Monday, August 10th. The shares were sold at an average price of $377.68, for a total value of $188,840.00. Following the sale, the director directly owned 3,708 shares of the company's stock, valued at approximately $1,400,437.44. This represents a 11.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.91% of the stock is owned by insiders.

Institutional Trading of Zebra Technologies

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Dimensional Fund Advisors LP grew its position in 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 valued at $143,473,000 after purchasing an additional 185,387 shares in the last quarter. Lazard Asset Management LLC increased its stake in Zebra Technologies by 3.4% in the 1st quarter. Lazard Asset Management LLC now owns 623,965 shares of the industrial products company's stock valued at $130,459,000 after buying an additional 20,567 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in Zebra Technologies by 111.6% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 500,628 shares of the industrial products company's stock valued at $104,671,000 after buying an additional 264,015 shares during the period. Robeco Institutional Asset Management B.V. increased its stake in Zebra Technologies by 34.3% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 256,025 shares of the industrial products company's stock valued at $95,577,000 after buying an additional 65,320 shares during the period. Finally, Swedbank AB lifted its position in Zebra Technologies by 958.0% in the 1st quarter. Swedbank AB now owns 417,898 shares of the industrial products company's stock worth $87,374,000 after buying an additional 378,400 shares in the last quarter. Institutional investors and hedge funds 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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