Zebra Technologies (NASDAQ:ZBRA) Cut to Buy at Wall Street Zen

Wall Street Zen downgraded shares of Zebra Technologies (NASDAQ:ZBRA) from a strong-buy rating to a buy rating in a research report sent to investors on Sunday morning,Wall Street Zen reports.

Other equities analysts also recently issued research reports about the company. Barclays upped their price target on Zebra Technologies from $410.00 to $416.00 and gave the stock an “overweight” rating in a research report on Monday, October 12th. TD Cowen raised their price target on shares of Zebra Technologies from $400.00 to $450.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Citigroup reiterated a “buy” rating on shares of Zebra Technologies in a report on Monday, October 12th. UBS Group reissued a “buy” rating on shares of Zebra Technologies in a research report on Wednesday, August 5th. Finally, BNP Paribas Exane reissued an “outperform” rating and issued a $455.00 price objective (up from $370.00) on shares of Zebra Technologies in a research report on Wednesday, August 5th. Nine equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $385.83.

Zebra Technologies Stock Performance

Shares of Zebra Technologies stock opened at $381.67 on Friday. The stock’s 50-day moving average is $366.70 and its 200-day moving average is $278.69. Zebra Technologies has a one year low of $199.05 and a one year high of $392.78.

Zebra Technologies (NASDAQ:ZBRA) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $6.35 earnings per share for the quarter, topping the consensus estimate of $4.36 by $1.99. The firm had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.50 billion. The firm’s quarterly revenue was up 20.4% on a year-over-year basis. During the same period in the prior year, the company earned $3.61 earnings per share. 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. Equities research analysts expect that Zebra Technologies will post 18.07 EPS for the current year.

Insider Transactions at Zebra Technologies

In other Zebra Technologies news, Director Linda Connly sold 500 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the director directly owned 3,708 shares in the company, valued at $1,400,437.44. This trade represents a 11.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Michael Cho sold 3,500 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $375.20, for a total value of $1,313,200.00. Following the transaction, 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. Additional details regarding this sale are available in the official SEC disclosure. 0.91% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Zebra Technologies

A number of institutional investors have recently added to or reduced their stakes in ZBRA. AIGH Capital Management LLC acquired a new stake in Zebra Technologies during the 1st quarter valued at $20,908,000. Boyd Watterson Asset Management LLC OH boosted its position in Zebra Technologies by 220.2% during the first quarter. Boyd Watterson Asset Management LLC OH now owns 8,574 shares of the industrial products company’s stock worth $1,793,000 after purchasing an additional 5,896 shares during the period. Calamos Wealth Management LLC acquired a new position in shares of Zebra Technologies in the first quarter valued at $9,053,000. Bank of America Corp DE increased 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 purchasing an additional 54,222 shares during the last quarter. Finally, VELA Investment Management LLC increased its holdings in shares of 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 valued at $5,602,000 after purchasing an additional 19,863 shares during the last quarter. 91.03% of the stock is currently owned by institutional investors and hedge funds.

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.