Citigroup Issues Positive Forecast for Zebra Technologies (NASDAQ:ZBRA) Stock Price

Zebra Technologies (NASDAQ:ZBRA) had its price target upped by analysts at Citigroup from $396.00 to $400.00 in a research note issued to investors on Monday, Benzinga reports. The brokerage presently has a “neutral” rating on the industrial products company’s stock. Citigroup’s price objective would indicate a potential upside of 3.06% from the company’s previous close.

Several other research firms have also recently weighed in on ZBRA. Zacks Research cut shares of Zebra Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. BNP Paribas Exane reiterated an “outperform” rating and set a $455.00 target price (up from $370.00) on shares of Zebra Technologies in a research report on Wednesday, August 5th. KeyCorp increased their price target on shares of Zebra Technologies from $305.00 to $430.00 and gave the company an “overweight” rating in a research note on Wednesday, August 5th. TD Cowen raised their price target on shares of Zebra Technologies from $400.00 to $450.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Finally, Wolfe Research reissued an “outperform” rating and issued a $317.00 price target on shares of Zebra Technologies in a report on Thursday, July 9th. Nine investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $385.83.

Zebra Technologies Price Performance

Shares of NASDAQ ZBRA traded up $0.94 during mid-day trading on Monday, hitting $388.12. 567,885 shares of the stock were exchanged, compared to its average volume of 800,453. The company has a market cap of $18.49 billion, a P/E ratio of 35.51 and a beta of 1.58. The stock’s fifty day simple moving average is $362.98 and its two-hundred day simple moving average is $284.41. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.33 and a current ratio of 0.52. Zebra Technologies has a twelve month low of $199.05 and a twelve month high of $390.80.

Zebra Technologies (NASDAQ:ZBRA) last released its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $6.35 EPS for the quarter, topping analysts’ consensus estimates of $4.36 by $1.99. Zebra Technologies had a return on equity of 22.29% and a net margin of 9.22%. The business had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.50 billion. During the same period in the prior year, the company earned $3.61 EPS. Zebra Technologies’s revenue for the quarter 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. As a group, analysts forecast that Zebra Technologies will post 18.07 EPS for the current fiscal year.

Insider Transactions at Zebra Technologies

In related news, insider Michael Cho sold 3,500 shares of the stock in a transaction that occurred on 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 in the company, valued at $1,939,784. This trade represents a 40.37% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Linda Connly sold 500 shares of the business’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $377.68, for a total transaction of $188,840.00. Following the completion of the transaction, the director directly 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. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.91% of the company’s stock.

Institutional Trading of Zebra Technologies

A number of institutional investors have recently made changes to their positions in ZBRA. Dimensional Fund Advisors LP raised its holdings in Zebra Technologies by 37.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 686,335 shares of the industrial products company’s stock valued at $143,473,000 after acquiring an additional 185,387 shares during the period. Lazard Asset Management LLC boosted its holdings in shares of Zebra Technologies by 3.4% during the first quarter. Lazard Asset Management LLC now owns 623,965 shares of the industrial products company’s stock worth $130,459,000 after acquiring an additional 20,567 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Zebra Technologies by 111.6% during the first quarter. Arrowstreet Capital Limited Partnership now owns 500,628 shares of the industrial products company’s stock worth $104,671,000 after acquiring an additional 264,015 shares during the period. Swedbank AB boosted its holdings in shares of Zebra Technologies by 958.0% during the first quarter. Swedbank AB now owns 417,898 shares of the industrial products company’s stock worth $87,374,000 after acquiring an additional 378,400 shares during the period. Finally, Bank of America Corp DE grew its position 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 purchasing an additional 54,222 shares during the last quarter. Institutional investors own 91.03% of the company’s stock.

Zebra Technologies Company Profile

Zebra Technologies Corporation (NASDAQ: ZBRA) provides enterprise asset intelligence and automation solutions that help organizations identify, track, and manage physical assets, inventory, and business processes. Its offerings are designed to improve visibility, productivity, accuracy, and operational efficiency across workplaces and supply chains.

The company’s portfolio includes barcode and RFID printers, labels, supplies, scanners, mobile computers, RFID readers, machine-vision systems, workflow software, and related services.