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

Wall Street Zen upgraded shares of Zebra Technologies (NASDAQ:ZBRA) from a buy rating to a strong-buy rating in a research note published on Monday morning,Wall Street Zen reports.

A number of other research analysts also recently commented on ZBRA. Weiss Ratings upgraded Zebra Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, October 13th. Barclays upped their price target on shares of Zebra Technologies from $410.00 to $416.00 and gave the company an “overweight” rating in a research note on Monday, October 12th. BNP Paribas Exane reiterated an “outperform” rating and set a $455.00 price objective (up from $370.00) on shares of Zebra Technologies in a research report on Wednesday, August 5th. Morgan Stanley set a $360.00 target price on shares of Zebra Technologies in a report on Wednesday, August 5th. Finally, Wolfe Research restated an “outperform” rating and set a $317.00 target price on shares of Zebra Technologies in a research report on Thursday, July 9th. Ten investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $388.67.

Zebra Technologies Price Performance

NASDAQ:ZBRA opened at $332.44 on Monday. The company has a current ratio of 0.57, a quick ratio of 0.33 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $15.83 billion, a P/E ratio of 19.14 and a beta of 1.61. Zebra Technologies has a 12 month low of $199.05 and a 12 month high of $392.78. The business’s 50-day moving average is $366.15 and its 200 day moving average is $281.61.

Zebra Technologies (NASDAQ:ZBRA) last released its quarterly earnings results on Tuesday, November 3rd. The industrial products company reported $4.95 earnings per share for the quarter, beating the consensus estimate of $4.89 by $0.06. Zebra Technologies had a return on equity of 23.94% and a net margin of 9.80%. The business had revenue of $1.61 billion during the quarter, compared to analysts’ expectations of $1.57 billion. During the same quarter last year, the business posted $3.88 EPS. The firm’s revenue for the quarter was up 22.3% compared to the same quarter last year. On average, equities research analysts forecast that Zebra Technologies will post 18.07 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Michael Cho sold 3,500 shares of the stock in a transaction dated 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 sale, the insider directly owned 5,170 shares of the company’s stock, valued at $1,939,784. This represents a 40.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Linda Connly sold 500 shares of Zebra Technologies 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 of the company’s stock, valued at approximately $1,400,437.44. This trade represents a 11.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.91% of the stock is currently owned by company insiders.

Institutional Trading of Zebra Technologies

Large investors have recently modified their holdings of the company. AIGH Capital Management LLC bought a new position in shares of Zebra Technologies during the 1st quarter worth $20,908,000. Calamos Wealth Management LLC bought a new stake in shares of Zebra Technologies in the first quarter valued at about $9,053,000. Bank of America Corp DE raised its holdings in shares of Zebra Technologies by 22.9% in the first quarter. Bank of America Corp DE now owns 291,031 shares of the industrial products company’s stock valued at $60,849,000 after acquiring an additional 54,222 shares in the last quarter. VELA Investment Management LLC lifted its stake in Zebra Technologies by 1,400.8% in the second quarter. VELA Investment Management LLC now owns 21,281 shares of the industrial products company’s stock worth $5,602,000 after acquiring an additional 19,863 shares during the period. Finally, Tidal Investments LLC lifted its stake in Zebra Technologies by 21.8% in the second quarter. Tidal Investments LLC now owns 11,455 shares of the industrial products company’s stock worth $3,016,000 after acquiring an additional 2,053 shares during the period. Hedge funds and other institutional investors own 91.03% of the company’s stock.

Key Zebra Technologies News

Here are the key news stories impacting Zebra Technologies this week:

• Positive Sentiment: Third-quarter adjusted EPS of $4.95 topped estimates of about $4.89, while revenue rose 22.3% year over year to $1.61 billion, ahead of forecasts. Management cited demand for mobile computing and automation and raised its 2026 outlook. Zacks earnings call coverage
• Positive Sentiment: Barclays raised its price target to $432 from $416 and kept an Overweight rating; CFRA also upgraded the stock to Buy from Hold. Barclays analyst update
• Neutral Sentiment: Analyst views were mixed: Morgan Stanley lifted its target to $380 but maintained Equal Weight, while BNP Paribas Exane trimmed its target to $455 and retained Outperform. Morgan Stanley analyst update
• Negative Sentiment: Despite the Q3 beat, investors focused on a disappointing fourth-quarter outlook and rising memory costs, with concerns that margin pressure could continue into 2027. These concerns triggered a sharp selloff after the results. Outlook and share reaction
• Negative Sentiment: Citigroup lowered its target to $398 from $400 with a Neutral rating, and Truist cut its target to $375 from $378 while maintaining Hold. Truist analyst update

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.