Zebra Technologies (NASDAQ:ZBRA) Releases Quarterly Earnings Results, Beats Expectations By $0.54 EPS

Zebra Technologies (NASDAQ:ZBRA) issued its quarterly earnings data on Tuesday. The industrial products company reported $4.75 EPS for the quarter, topping the consensus estimate of $4.21 by $0.54, FiscalAI reports. The firm had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.48 billion. Zebra Technologies had a return on equity of 18.09% and a net margin of 7.76%.The company’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same period in the prior year, the business posted $4.02 earnings per share. Zebra Technologies updated its FY 2026 guidance to 18.300-18.700 EPS and its Q2 2026 guidance to 4.200-4.500 EPS.

Here are the key takeaways from Zebra Technologies’ conference call:

• Zebra reported strong first-quarter results with sales of nearly $1.5 billion, up 14% year over year, and non-GAAP EPS of $4.75, ahead of expectations.
• The company raised its full-year outlook, now expecting 10%–14% sales growth and $18.30–$18.70 in non-GAAP EPS, citing strong backlog, pipeline momentum, and demand trends.
• Management said it has line of sight to fully mitigate memory cost headwinds through pricing actions, supplier coordination, and product transitions, while maintaining margin guidance for the year.
• Core businesses showed broad strength, with Connected Frontline up 20.6% and Asset Visibility and Automation up 4.8%, led by manufacturing, printing, and machine vision.
• Executives highlighted AI, automation, RFID, and machine vision as long-term growth drivers, and said Zebra is using AI internally and externally to boost productivity and profitability.

Zebra Technologies Price Performance

Shares of ZBRA stock traded up $34.98 on Tuesday, reaching $251.94. The company’s stock had a trading volume of 1,056,809 shares, compared to its average volume of 772,691. The company has a quick ratio of 0.58, a current ratio of 0.97 and a debt-to-equity ratio of 0.66. Zebra Technologies has a 12-month low of $199.05 and a 12-month high of $352.66. The company has a market capitalization of $12.39 billion, a P/E ratio of 30.82 and a beta of 1.62. The stock’s 50 day simple moving average is $217.85 and its 200-day simple moving average is $241.45.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Zacks Research lowered Zebra Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Barclays reduced their target price on Zebra Technologies from $351.00 to $330.00 and set an “overweight” rating for the company in a report on Friday, February 13th. Needham & Company LLC reaffirmed a “buy” rating and issued a $345.00 target price on shares of Zebra Technologies in a report on Friday, February 13th. UBS Group reaffirmed a “buy” rating and issued a $335.00 target price on shares of Zebra Technologies in a report on Friday, February 13th. Finally, Truist Financial reduced their price objective on Zebra Technologies from $294.00 to $256.00 and set a “hold” rating for the company in a report on Monday, April 20th. Five analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $321.38.

Insider Activity

In other news, insider Cristen L. Kogl sold 145 shares of the firm’s stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $235.71, for a total transaction of $34,177.95. Following the transaction, the insider directly owned 23,687 shares of the company’s stock, valued at approximately $5,583,262.77. This trade represents a 0.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.91% of the company’s stock.

Institutional Trading of Zebra Technologies

Several large investors have recently modified their holdings of the business. Brown Advisory Inc. grew its stake in shares of Zebra Technologies by 2.1% in the second quarter. Brown Advisory Inc. now owns 1,787 shares of the industrial products company’s stock worth $551,000 after purchasing an additional 36 shares during the last quarter. Empowered Funds LLC grew its stake in shares of Zebra Technologies by 1.7% in the fourth quarter. Empowered Funds LLC now owns 2,385 shares of the industrial products company’s stock worth $579,000 after purchasing an additional 40 shares during the last quarter. Modern Wealth Management LLC boosted its position in Zebra Technologies by 1.3% during the 2nd quarter. Modern Wealth Management LLC now owns 5,635 shares of the industrial products company’s stock valued at $1,738,000 after acquiring an additional 71 shares in the last quarter. Certuity LLC boosted its position in Zebra Technologies by 9.7% during the 3rd quarter. Certuity LLC now owns 824 shares of the industrial products company’s stock valued at $245,000 after acquiring an additional 73 shares in the last quarter. Finally, UMB Bank n.a. boosted its position in Zebra Technologies by 33.0% during the 4th quarter. UMB Bank n.a. now owns 306 shares of the industrial products company’s stock valued at $74,000 after acquiring an additional 76 shares in the last quarter. 91.03% of the stock is owned by institutional investors.

Zebra Technologies Company Profile

Zebra Technologies Corporation is a global technology company specializing in marking, tracking and computer printing solutions. The company produces a wide range of hardware and software products designed to enable real-time visibility of assets, inventory and personnel across diverse industries. Its offerings help businesses automate data capture and streamline operations in environments such as retail, healthcare, manufacturing, transportation and logistics.

The company’s product portfolio includes barcode and RFID printers, mobile computing devices, barcode scanners, RFID readers and related supplies such as labels and tags.