Why did Zebra Technologies (ZBRA) stock move recently?

On 8/5/2026, Zebra Technologies moved +20.0% — Zebra Technologies rallied after Q2 results beat on both lines, with adjusted EPS well above consensus, and management raised full-year EPS guidance to roughly $20.75-$21.25. Several analysts lifted price targets. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is Zebra Technologies (ZBRA) overvalued or fairly valued?

MarketChacha shows Zebra Technologies's valuation in context — a trailing P/E of about 32.7, a forward P/E of about 17.2, a price-to-book of about 5.3 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Zebra Technologies's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.55×) from reported figures — education, not a rating.

What is Zebra Technologies's revenue?

Zebra Technologies reported revenue of $5.4B for FY2025, with net profit of $419.0M, per official filings.

What is the share price of Zebra Technologies (ZBRA)?

Zebra Technologies last traded at $384.08 (+2.2% on the day), as of 10/20/2026 — a delayed quote shown for education, not investment advice.

Zebra Technologies

ZBRA · NASDAQ · Technology · United States

Snapshot

TickerZBRA

ExchangeNASDAQ

SectorTechnology

IndustryCommunication Equipment

CountryUnited States

Employees10,700

HeadquartersLincolnshire, United States

Websitewww.zebra.com

Filings tracked18

About Zebra Technologies

Zebra Technologies Corporation, together with its subsidiaries, operates in the automatic identification and data capture solutions industry worldwide. It operates in two segments, Connected Frontline, and Asset Visibility and Automation. The company designs, manufactures, and sells printers that produce labels, wristbands, tickets, receipts, and plastic cards; dye-sublimination thermal card printers that produce images, which are used for personal identification, access control, and financial transactions; radio frequency identification device (RFID) printers that encode data into passive RFID transponders; accessories and options for printers, including carrying cases, vehicle mounts, and battery chargers; stock and customized thermal labels, receipts, ribbons, plastic cards, and RFID tags for printers; and electronic sensors and temperature-monitoring labels. It also provides various maintenance, technical support, repair, and managed and professional services; fixed readers, RFID enabled mobile computers, and RFID sleds; tags, sensors, exciters, middleware software, and application software; and physical inventory management solutions; rugged and enterprise-grade mobile computing products and accessories, as well as real-time location systems and services. In addition, the company offers barcode scanners and imagers, RFID readers, industrial machine vision cameras, and fixed industrial scanners; point-of-sale solutions, self-serve kiosks, and interactive touchscreen displays; workflow optimization solutions, such as workforce management, workflow execution and task management, and prescriptive analytics, and communications and collaboration solutions; and cloud-based software. The company serves retail and e-commerce, manufacturing, transportation and logistics, healthcare, public sector, and other industries through direct sales force and network of channel partners. The company was founded in 1969 and is headquartered in Lincolnshire, Illinois.

Who owns it

Insiders0.9%
Institutions99.1%
Public & other0.0%

954 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.6.95%
Vanguard Capital Management LLC6.54%
Vanguard Portfolio Management LLC5.60%
Boston Partners5.50%
State Street Corporation3.96%
Invesco Ltd.3.71%
Geode Capital Management, LLC2.84%
Alyeska Investment Group, L.p.2.62%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion1.55×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend6.5% → 7.8%

Margin has expanded by about 1.3 points — the business is getting more profitable.

Growth qualityrev 8% · PAT 19%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $1.6B · EPS 5.21

Est. earnings growth +20.4%

Next fiscal year

Rev $6.6B · EPS 22.29

Est. earnings growth +5.8%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$5.4B

Net margin

7.8%

ROE

11.7%

Revenue CAGR (2y)

+8.5%

Profit CAGR (2y)

+19.0%

EPS (FY2025)

8.18

Net profit (FY2025)

$419.0M

Ask MarketChacha about ZBRA

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Aug 5, 2026
Zebra Technologies rallied after Q2 results beat on both lines, with adjusted EPS well above consensus, and management raised full-year EPS guidance to roughly $20.75-$21.25. Several analysts lifted price targets.
source 1 ↗source 2 ↗· confidence: high

Daily moves with the verified reason behind them. Education only — not investment advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$5.4B	$419.0M	8.18	7.8%	11.7%
FY2024	$5.0B	$528.0M	10.18	10.6%	14.7%
FY2023	$4.6B	$296.0M	5.72	6.5%	9.7%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q3	$1.6B	$233.0M	4.85	15.0%
2026Q2	$1.5B	$135.0M	2.72	9.0%
2025Q3	$1.3B	$101.0M	1.97	7.7%
2025Q2	$1.3B	$112.0M	2.19	8.7%
2025Q1	$1.3B	$136.0M	2.62	10.4%
2024Q3	$1.3B	$137.0M	2.64	10.9%
2024Q2	$1.2B	$113.0M	2.17	9.3%
2024Q1	$1.2B	$115.0M	2.23	9.8%
2023Q3	$956.0M	$144.0M	-0.28	15.1%
2023Q2	$1.4B	$150.0M	2.90	10.7%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC8/4/2026
8-K — Results of operations, Exhibits
SEC8/4/2026material
8-K — Executive/director change, Shareholder vote results, Exhibits
SEC5/26/2026material
8-K — Results of operations, Exhibits
SEC5/12/2026material
10-Q filing
SEC5/12/2026
8-K — Results of operations, Other events, Exhibits
SEC2/12/2026material
10-K filing
SEC2/12/2026

2025

8-K — Costs from exit/disposal, Material impairment, Exhibits
SEC12/15/2025material
8-K — Executive/director change, Exhibits
SEC11/24/2025material
8-K — Bylaw/charter change, Exhibits
SEC11/5/2025material
8-K — Results of operations, Exhibits
SEC10/28/2025material
10-Q filing
SEC10/28/2025
8-K — Executive/director change
SEC10/17/2025material
8-K — Reg FD disclosure, Exhibits
SEC10/1/2025material
8-K — Material agreement, Reg FD disclosure, Exhibits
SEC8/5/2025material
8-K — Results of operations, Exhibits
SEC8/5/2025material
10-Q filing
SEC8/5/2025
8-K — Executive/director change, Exhibits
SEC7/28/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.