Zebra Technologies (NASDAQ:ZBRA) Issues Q3 2026 Earnings Guidance

Zebra Technologies (NASDAQ:ZBRA) updated its third quarter 2026 earnings guidance on Tuesday. The company provided EPS guidance of 4.700-4.900 for the period, compared to the consensus earnings per share estimate of 4.380. The company issued revenue guidance of $1.5 billion-$1.6 billion, compared to the consensus revenue estimate of $1.5 billion. Zebra Technologies also updated its FY 2026 guidance to 20.750-21.250 EPS.

Zebra Technologies Trading Up 22.4%

ZBRA stock traded up $65.27 during mid-day trading on Tuesday, reaching $356.90. The company had a trading volume of 1,421,748 shares, compared to its average volume of 861,962. The company has a market capitalization of $17.00 billion, a PE ratio of 43.28 and a beta of 1.60. The firm has a 50 day moving average of $255.28 and a 200 day moving average of $240.11. Zebra Technologies has a 12 month low of $199.05 and a 12 month high of $360.58. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.96 and a quick ratio of 0.57.

Zebra Technologies (NASDAQ:ZBRA) last posted its quarterly earnings results on Tuesday, May 12th. The industrial products company reported $4.75 earnings per share for the quarter, beating the consensus estimate of $4.21 by $0.54. Zebra Technologies had a net margin of 7.49% and a return on equity of 18.91%. The firm had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.48 billion. During the same quarter in the previous year, the firm posted $4.02 earnings per share. The company’s revenue was up 14.3% on a year-over-year basis. Zebra Technologies has set its FY 2026 guidance at 18.300-18.700 EPS and its Q2 2026 guidance at 4.200-4.500 EPS. On average, equities analysts predict that Zebra Technologies will post 15.2 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

ZBRA has been the subject of several research reports. Wall Street Zen upgraded Zebra Technologies from a “hold” rating to a “buy” rating in a report on Sunday, June 28th. Robert W. Baird lifted their price objective on Zebra Technologies from $300.00 to $310.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Barclays upped their price objective on shares of Zebra Technologies from $345.00 to $346.00 and gave the stock an “overweight” rating in a research note on Monday, June 22nd. Northcoast Research cut their price target on Zebra Technologies from $364.00 to $344.00 and set a “buy” rating on the stock in a report on Monday, April 27th. Finally, KeyCorp upgraded Zebra Technologies from a “sector weight” rating to an “overweight” rating and set a $305.00 price objective for the company in a research note on Wednesday, May 13th. Eight research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $327.00.

Insider Buying and Selling at Zebra Technologies

In related news, Director Janice M. Roberts sold 3,000 shares of the company’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $249.54, for a total transaction of $748,620.00. Following the transaction, the director directly owned 6,183 shares of the company’s stock, valued at $1,542,905.82. This represents a 32.67% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Loizides Melissa Luff sold 500 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $253.95, for a total value of $126,975.00. Following the completion of the sale, the insider directly owned 3,702 shares of the company’s stock, valued at approximately $940,122.90. This represents a 11.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.91% of the stock is owned by insiders.

Trending Headlines about Zebra Technologies

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

• Positive Sentiment: Second-quarter results exceeded expectations: Zebra reported sales of $1.557 billion, up 20.4% year over year. Non-GAAP diluted EPS reached $6.35, compared with the Zacks consensus estimate of $4.35 and $3.61 in the prior-year quarter. GAAP diluted EPS was $4.85. Zebra Technologies Announces Second Quarter 2026 Results
• Positive Sentiment: Full-year earnings guidance was raised substantially: Zebra now expects fiscal 2026 EPS of $20.75-$21.25, well above the $17.87 analyst consensus and the company’s previous $18.30-$18.70 range. Revenue is projected at $6.2-$6.3 billion, also ahead of the $6.1 billion consensus. This improved outlook suggests stronger demand, operating leverage, or both.
• Positive Sentiment: Third-quarter expectations also topped estimates: Zebra guided to EPS of $4.70-$4.90 versus consensus of $4.38, while revenue guidance of $1.5-$1.6 billion was at least in line with the $1.5 billion estimate. Zebra Technologies Beats Q2 Earnings and Revenue Estimates
• Neutral Sentiment: Investor focus now shifts to execution: The higher guidance supports the bullish reaction, but Zebra trades near its 12-month high, making future results and management’s ability to deliver the upgraded targets important for sustaining momentum.

Hedge Funds Weigh In On Zebra Technologies

Several hedge funds have recently made changes to their positions in ZBRA. Johnson Financial Group Inc. grew its stake in Zebra Technologies by 330.3% during the 4th quarter. Johnson Financial Group Inc. now owns 142 shares of the industrial products company’s stock valued at $34,000 after purchasing an additional 109 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new stake in shares of Zebra Technologies during the second quarter worth about $39,000. Intesa Sanpaolo Wealth Management purchased a new stake in Zebra Technologies in the fourth quarter valued at approximately $73,000. UMB Bank n.a. increased its holdings in Zebra Technologies by 33.0% in the 4th quarter. UMB Bank n.a. now owns 306 shares of the industrial products company’s stock worth $74,000 after buying an additional 76 shares during the period. Finally, Meeder Asset Management Inc. purchased a new position in Zebra Technologies during the 4th quarter worth approximately $141,000. 91.03% of the stock is owned by institutional investors and hedge funds.

About Zebra Technologies

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.