Needham & Company LLC Boosts Zebra Technologies (NASDAQ:ZBRA) Price Target to $435.00

Posted by Geri Gentry on Sep 15th, 2026

Zebra Technologies (NASDAQ:ZBRA – Get Free Report) had its target price lifted by equities research analysts at Needham & Company LLC from $410.00 to $435.00 in a research note issued on Tuesday, Benzinga reports. The firm currently has a “buy” rating on the industrial products company’s stock. Needham & Company LLC’s price objective suggests a potential upside of 23.65% from the stock’s current price.

Several other research firms have also recently commented on ZBRA. Citigroup lifted their target price on shares of Zebra Technologies from $306.00 to $396.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th. Wolfe Research reaffirmed an “outperform” rating and issued a $317.00 target price on shares of Zebra Technologies in a report on Thursday, July 9th. TD Cowen increased their price target on Zebra Technologies from $400.00 to $450.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Truist Financial lifted their price target on Zebra Technologies from $296.00 to $355.00 and gave the stock a “hold” rating in a report on Wednesday, August 5th. Finally, Weiss Ratings raised Zebra Technologies from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $383.08.

Read Our Latest Stock Analysis on Zebra Technologies

Zebra Technologies Price Performance

ZBRA opened at $351.81 on Tuesday. Zebra Technologies has a 1 year low of $199.05 and a 1 year high of $386.23. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.52 and a quick ratio of 0.33. The company has a market capitalization of $16.76 billion, a price-to-earnings ratio of 32.19 and a beta of 1.60. The firm’s fifty day moving average price is $325.45 and its two-hundred day moving average price is $264.17.

Zebra Technologies (NASDAQ:ZBRA – Get Free Report) last announced its earnings results on Tuesday, August 4th. The industrial products company reported $6.35 EPS for the quarter, beating the consensus estimate of $4.36 by $1.99. Zebra Technologies had a net margin of 9.22% and a return on equity of 22.29%. The company had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter in the prior year, the company posted $3.61 earnings per share. The firm’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 anticipate that Zebra Technologies will post 17.22 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Linda Connly sold 500 shares of Zebra Technologies stock in a transaction that occurred on Monday, August 10th. The shares were 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. The trade was a 11.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Michael Cho sold 3,500 shares of the company’s 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 completion of the transaction, the insider owned 5,170 shares in the company, valued at approximately $1,939,784. The trade was 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 owned by corporate insiders.

Institutional Trading of Zebra Technologies

Several hedge funds have recently made changes to their positions in ZBRA. California State Teachers Retirement System grew its stake in shares of Zebra Technologies by 17,117.8% during the 2nd quarter. California State Teachers Retirement System now owns 14,738,085 shares of the industrial products company’s stock worth $3,879,948,000 after acquiring an additional 14,652,487 shares during the period. Geode Capital Management LLC increased its stake in shares of Zebra Technologies by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 1,338,221 shares of the industrial products company’s stock worth $323,697,000 after purchasing an additional 5,224 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Zebra Technologies by 37.0% in the first quarter. Dimensional Fund Advisors LP now owns 686,335 shares of the industrial products company’s stock worth $143,473,000 after purchasing an additional 185,387 shares in the last quarter. Lazard Asset Management LLC raised its position in shares of Zebra Technologies by 3.4% in the first quarter. Lazard Asset Management LLC now owns 623,965 shares of the industrial products company’s stock valued at $130,459,000 after purchasing an additional 20,567 shares during the period. Finally, Norges Bank bought a new position in Zebra Technologies in the 4th quarter worth approximately $134,505,000. 91.03% of the stock is currently owned by institutional investors.

About Zebra Technologies

(Get Free Report)

Zebra Technologies Corporation (NASDAQ: ZBRA) provides enterprise asset intelligence solutions that help organizations identify, track and manage physical assets, inventory and workflows. Its technologies are used to capture data at the point of activity and connect that information with business systems.

The company offers barcode and label printers, mobile computers, handheld and fixed industrial scanners, RFID readers and printers, machine vision and imaging systems, location solutions, and related software and services.