Citigroup Cuts Zebra Technologies (NASDAQ:ZBRA) Price Target to $274.00

Zebra Technologies (NASDAQ:ZBRA) had its target price decreased by research analysts at Citigroup from $315.00 to $274.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage currently has a “neutral” rating on the industrial products company’s stock. Citigroup’s target price would suggest a potential upside of 23.18% from the company’s previous close.

Several other brokerages also recently weighed in on ZBRA. Robert W. Baird cut their target price on Zebra Technologies from $350.00 to $300.00 and set an “outperform” rating on the stock in a research note on Monday, March 30th. Barclays cut their target price on Zebra Technologies from $351.00 to $330.00 and set an “overweight” rating on the stock in a research note on Friday, February 13th. Needham & Company LLC reissued a “buy” rating and issued a $345.00 price objective on shares of Zebra Technologies in a research note on Friday, February 13th. Weiss Ratings reissued a “hold (c)” rating on shares of Zebra Technologies in a research note on Wednesday, January 21st. Finally, Truist Financial dropped their price objective on Zebra Technologies from $331.00 to $291.00 and set a “hold” rating on the stock in a research note on Thursday, December 18th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $325.75.

Zebra Technologies Stock Performance

Zebra Technologies stock traded up $0.31 during mid-day trading on Monday, hitting $222.44. 255,065 shares of the company’s stock traded hands, compared to its average volume of 756,460. The firm has a 50 day moving average price of $226.32 and a 200 day moving average price of $250.66. The company has a quick ratio of 0.58, a current ratio of 0.97 and a debt-to-equity ratio of 0.66. The company has a market cap of $10.94 billion, a PE ratio of 27.19 and a beta of 1.65. Zebra Technologies has a one year low of $199.05 and a one year high of $352.66.

Zebra Technologies (NASDAQ:ZBRA) last announced its earnings results on Thursday, February 12th. The industrial products company reported $4.33 earnings per share for the quarter, missing the consensus estimate of $4.34 by ($0.01). The business had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.47 billion. Zebra Technologies had a net margin of 7.76% and a return on equity of 18.09%. The firm’s revenue was up 10.6% on a year-over-year basis. During the same period in the previous year, the firm earned $4.00 EPS. Zebra Technologies has set its Q1 2026 guidance at 4.050-4.350 EPS and its FY 2026 guidance at 17.700-18.300 EPS. On average, equities analysts forecast that Zebra Technologies will post 13.71 EPS for the current year.

Insiders Place Their Bets

In related news, insider Cristen L. Kogl sold 145 shares of the company’s stock in a transaction on 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. The trade was a 0.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.84% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. SHP Wealth Management purchased a new position in Zebra Technologies in the fourth quarter valued at about $215,000. Kera Capital Partners Inc. grew its stake in Zebra Technologies by 45.1% in the fourth quarter. Kera Capital Partners Inc. now owns 2,373 shares of the industrial products company’s stock valued at $558,000 after purchasing an additional 738 shares in the last quarter. Invesco Ltd. grew its stake in Zebra Technologies by 30.1% in the fourth quarter. Invesco Ltd. now owns 1,801,516 shares of the industrial products company’s stock valued at $437,444,000 after purchasing an additional 416,568 shares in the last quarter. EP Wealth Advisors LLC acquired a new stake in shares of Zebra Technologies in the fourth quarter worth about $772,000. Finally, Mackenzie Financial Corp lifted its position in shares of Zebra Technologies by 169.6% in the fourth quarter. Mackenzie Financial Corp now owns 18,361 shares of the industrial products company’s stock worth $4,521,000 after buying an additional 11,550 shares during the last quarter. Hedge funds and other institutional investors own 91.03% of the company’s stock.

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.