Zebra Technologies (ZBRA) Stock Insights

ZBRA price $383.02 +1.35 +0.35%

Ticker
ZBRA
Price
$383.02
Change
+1.35 +0.35%
Market cap ?
$18.12B
P/E ?
35.94
Forward P/E ?
18.10
Dividend yield ?
0.00%
Beta ?
1.58
Sector
Technology
Industry
Communication Equipment
Stocklytics score
50
Value
50
Quality
48
Growth
52

Stocklytics score rationale: value 50, quality 48, growth 52.

Financials

2016201720182019202020212022202320242025
3574000000372200000042180000004485000000444800000056270000005781000000458400000049810000005396000000

Zebra Technologies Corporation, alongside its affiliated entities, delivers enterprise asset intelligence solutions globally within the automatic identification and data capture (AIDC) sector. Operating through its Asset Intelligence & Tracking and Enterprise Visibility & Mobility segments, the company provides a comprehensive suite of products and services. Its hardware lineup includes specialized printers for…

Fair value

ZBRA fair value $494.74. Price $383.02. Price is 23% below fair value.

Above fair value, around its usual premium.

Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.

Calculated with a 10-year free-cash-flow discount. Starting free cash flow 904.00M. Growth 1.25%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 12.00% (beta 1.6). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 47.31M. Net debt 2.69B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.

Compare ZBRA

Earnings

DateEPS actualEPS estimateRevenueRevenue estimate
2026-11-03—4.89—1.57B
2026-08-046.354.361.56B1.50B
2026-05-124.754.211.50B1.48B
2026-02-124.334.341.48B1.47B
2025-10-283.883.751.32B1.47B
2025-08-053.613.341.29B1.29B
2025-04-294.023.601.31B1.29B
2025-02-134.003.951.33B1.32B
2024-10-293.493.231.25B1.22B
2024-07-303.182.811.21B1.18B
2024-04-302.842.451.17B1.15B
2024-02-151.711.631.01B999.36M
2023-10-310.870.76956.00M926.34M
2023-08-013.293.281.21B1.31B
2023-05-023.943.921.41B1.40B
2023-02-164.754.541.50B1.45B
2022-11-014.124.541.38B1.48B
2022-08-024.614.191.47B1.44B
2022-05-034.013.871.43B1.37B
2022-02-104.544.401.47B1.46B
2021-11-024.554.061.44B1.40B
2021-08-034.574.101.38B1.35B
2021-05-044.794.341.35B1.33B
2021-02-114.463.801.31B1.25B
2020-11-033.272.821.13B13.75M
2020-07-282.412.28956.00M904.43M
2020-04-282.672.671.05B1.04B
2020-02-133.563.651.19B1.22B
2019-10-293.433.291.13B1.08B
2019-07-303.022.901.10B1.05B
2019-04-302.922.871.07B1.05B
2019-02-143.102.931.14B1.08B
2018-11-062.882.601.09B985.83M
2018-08-072.482.251.01B909.98M
2018-05-082.562.05977.00M782.36M
2018-02-222.332.121.03B933.53M
2017-11-071.871.72935.00M865.00M
2017-08-081.511.45896.00M878.20M
2017-05-091.371.29865.00M820.80M
2017-02-231.931.73942.00M844.38M

Dividends

Yield 0.00%. Payout ratio 0.00%. Frequency —.

Safety score 37/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. No dividend history was found. There is no dividend yield.

Ex-dateDividendRecordPaymentFrequency
No data yet.

Insider trades

DateInsiderActionSharesPriceValue
2026-08-10Connly LindaSell500$377.68188.84K
2026-08-07Cho MichaelSell3.50K$375.201.31M
2026-08-03Luff Loizides MelissaSell46$291.6413.42K
2026-05-26Luff Loizides MelissaSell500$253.95126.97K
2026-05-19Dhanasekaran SatishBuy951$247.15235.04K
2026-05-19Modruson Frank BlaiseBuy951$247.15235.04K
2026-05-19MANIRE ROSS WBuy951$247.15235.04K
2026-05-19ROBERTS JANICE MBuy951$247.15235.04K
2026-05-19Miller Kenneth BradleyBuy951$247.15235.04K
2026-05-19GUSTAFSSON ANDERSBuy951$247.15235.04K
2026-05-19Connors Nelda JBuy951$247.15235.04K
2026-05-19Connly LindaBuy951$247.15235.04K
2026-05-19MCDOWELL MARY TBuy951$247.15235.04K
2026-05-19SMITH MICHAEL ABuy951$247.15235.04K
2026-05-14ROBERTS JANICE MSell3.00K$249.54748.62K
2026-05-04Burns BillSell6.18K$223.731.38M
2026-05-04Kogl Cristen LSell1.50K$223.73335.82K
2026-05-04O'Sullivan Colleen MSell334$223.7374.73K
2026-05-04Luff Loizides MelissaSell122$223.7327.30K
2026-05-04Cho MichaelSell779$223.73174.29K
2026-05-04Winters Nathan AndrewSell2.66K$223.73595.79K
2026-05-04Froese Tamara DionneSell515$223.73115.22K
2026-05-04Armstrong Robert John JrSell367$223.7382.11K
2026-05-04Hudson Richard EdwardSell257$223.7357.50K
2026-05-02Burns BillSell2.00K$227.08455.30K
2026-05-02Kogl Cristen LSell391$227.0888.79K
2026-05-02O'Sullivan Colleen MSell87$227.0819.76K
2026-05-02Luff Loizides MelissaSell42$227.089.54K
2026-05-02Cho MichaelSell162$227.0836.79K
2026-05-02Winters Nathan AndrewSell717$227.08162.82K
2026-05-02Froese Tamara DionneSell139$227.0831.56K
2026-05-02Armstrong Robert John JrSell147$227.0833.38K
2026-04-08Burns BillBuy358$205.1273.43K
2026-04-08Burns BillSell184$223.5041.12K
2026-04-08Burns BillSell4.36K$205.12895.14K
2026-04-07GUSTAFSSON ANDERSBuy32.06K$51.421.65M
2026-04-07GUSTAFSSON ANDERSBuy805$205.12165.12K
2026-04-07GUSTAFSSON ANDERSSell279$212.4459.27K
2026-04-07GUSTAFSSON ANDERSSell13.62K$213.062.90M
2026-04-07GUSTAFSSON ANDERSSell42.26K$51.422.17M
2026-04-07GUSTAFSSON ANDERSSell23.38K$205.124.80M
2026-03-16Armstrong Robert John JrSell157$203.9732.02K
2026-03-12Dhanasekaran SatishBuy200$205.4041.08K
2026-03-05Kogl Cristen LBuy287$205.1258.87K
2026-03-05Kogl Cristen LSell142$235.0033.37K
2026-03-05Kogl Cristen LSell145$235.7134.18K
2026-03-05Kogl Cristen LSell2.26K$205.12463.57K
2026-03-05Winters Nathan AndrewBuy33$205.126.77K
2026-03-05Winters Nathan AndrewSell16$229.933.68K
2026-03-05Winters Nathan AndrewSell315$205.1264.61K
2026-03-05Armstrong Robert John JrBuy17$205.123.49K
2026-03-05Armstrong Robert John JrSell8$229.441.84K
2026-03-05Armstrong Robert John JrSell9$229.732.07K
2026-03-05Armstrong Robert John JrSell166$205.1234.05K
2026-03-04Kogl Cristen LSell438$231.42101.36K
2026-03-04Winters Nathan AndrewSell812$231.42187.91K
2026-03-04Armstrong Robert John JrSell246$231.4256.93K
2026-03-04Burns BillSell2.22K$231.42514.22K
2026-03-04Luff Loizides MelissaSell43$231.429.95K
2026-03-04Hudson Richard EdwardSell576$231.42133.30K
2026-03-04O'Sullivan Colleen MSell101$231.4223.37K
2026-03-04Froese Tamara DionneSell239$231.4255.31K
2026-03-04Cho MichaelSell180$231.4241.66K
2026-03-03Kogl Cristen LBuy4.64K——
2026-03-03Winters Nathan AndrewBuy7.77K——
2026-03-03Armstrong Robert John JrBuy2.32K——
2026-03-03Burns BillBuy20.99K——
2026-03-03Luff Loizides MelissaBuy2.32K——
2026-03-03Hudson Richard EdwardBuy5.36K——
2026-03-03O'Sullivan Colleen MBuy1.07K——
2026-03-03Froese Tamara DionneBuy2.41K——
2026-03-03Cho MichaelBuy2.86K——
2026-03-01Burns BillSell1.55K$223.96346.69K
2026-02-27Dhanasekaran SatishBuy500$225.25112.62K
2026-02-23Froese Tamara DionneSell109$231.3225.21K
2026-02-04Burns BillBuy12.39K——
2026-02-04Burns BillBuy12.67K——
2026-02-03Kogl Cristen LBuy2.40K——
2026-02-03O'Sullivan Colleen MBuy532——
2026-02-03Cho MichaelBuy1.55K——
2026-02-03Luff Loizides MelissaBuy239——
2026-02-03Kogl Cristen LBuy2.44K——
2026-02-03Hudson Richard EdwardBuy347——
2026-02-03Luff Loizides MelissaBuy244——
2026-02-03O'Sullivan Colleen MBuy543——
2026-02-03Winters Nathan AndrewBuy4.07K——
2026-02-03Armstrong Robert John JrBuy841——
2026-02-03Froese Tamara DionneBuy787——
2026-02-03Cho MichaelBuy1.57K——
2026-01-01Luff Loizides MelissaOther0——
2025-12-17Burns BillSell1.01K$254.27256.30K
2025-12-17Kogl Cristen LSell222$254.2756.45K
2025-12-17Hudson Richard EdwardSell150$254.2738.14K
2025-12-17Schmitz Jeffrey FSell199$254.2750.60K
2025-12-17Cho MichaelSell144$254.2736.61K
2025-12-17O'Sullivan Colleen MSell53$254.2713.48K
2025-11-18Dhanasekaran SatishBuy299$233.6369.86K
2025-11-18Dhanasekaran SatishBuy701$232.90163.26K
2025-11-03Hudson Richard EdwardSell759$270.58205.37K
2025-08-14Armstrong Robert John JrSell276$327.7190.45K

Institutional holders

Latest filed quarter: Q2 2026.

Institutions holding: 669, holders +11 vs prior quarter. Ownership 97.92%.

HolderSharesChangeChange %Value
BLACKROCK, INC.3.31M-891.45K-21.21%871.79M
VANGUARD CAPITAL MANAGEMENT LLC3.11M-86.74K-2.71%819.86M
VANGUARD PORTFOLIO MANAGEMENT LLC2.67M-135.55K-4.84%702.21M
BOSTON PARTNERS2.62M1.15M+77.99%689.14M
STATE STREET CORP1.88M-273.04K-12.65%496.15M
INVESCO LTD.1.77M236.41K+15.46%464.91M
GEODE CAPITAL MANAGEMENT, LLC1.35M11.71K+0.87%355.19M
ALYESKA INVESTMENT GROUP, L.P.1.25M-76.32K-5.76%328.67M
FULLER & THALER ASSET MANAGEMENT, INC.1.21M963.27K+392.18%318.25M
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP1.07M566.07K+113.07%280.82M
NORDEA INVESTMENT MANAGEMENT AB1.08M-934.23K-46.31%277.42M
JPMORGAN CHASE & CO1.08M117.38K+12.22%276.35M
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC985.72K-141.14K-12.53%259.50M
CONTOUR ASSET MANAGEMENT LLC947.73K947.73KNew249.50M
VICTORY CAPITAL MANAGEMENT INC927.32K-29.24K-3.06%244.13M
ARIEL INVESTMENTS, LLC923.00K145.63K+18.73%242.99M
MORGAN STANLEY890.99K455.82K+104.75%234.56M
DIMENSIONAL FUND ADVISORS LP870.88K184.55K+26.89%229.24M
MILLENNIUM MANAGEMENT LLC823.47K738.54K+869.65%216.79M
FMR LLC792.84K297.42K+60.04%208.72M
GOLDMAN SACHS GROUP INC723.22K226.11K+45.49%190.40M
UBS GROUP AG709.99K120.10K+20.36%186.91M
LAZARD ASSET MANAGEMENT LLC628.55K4.59K+0.73%165.47M
SUMITOMO MITSUI TRUST GROUP, INC.611.36K-67.83K-9.99%160.95M
MASSACHUSETTS FINANCIAL SERVICES CO /MA/596.06K53.77K+9.92%156.92M

Insights

Revenue by product
PeriodValue
FY2012Hardware: 730489000.0, Service And Software: 47941000.0, Shipping And Handling: 5239000.0, Supplies: 212499000.0
FY2013Hardware: 735123000.0, Service And Software: 53627000.0, Shipping And Handling: 5444000.0, Supplies: 243965000.0
FY2014Hardware: 1233386000.0, Service And Software: 172010000.0, Supplies: 265176000.0
FY2015Hardware: 2865000000.0, Service And Software: 519000000.0, Supplies: 268000000.0
FY2016Hardware: 2778000000.0, Service And Software: 518000000.0, Supplies: 278000000.0
FY2017Asset Intelligence Tracking, AIT: 1311000000.0, Enterprise Visibility Mobility, EVM: 2414000000.0
FY2018Asset Intelligence Tracking, AIT: 1423000000.0, Enterprise Visibility Mobility, EVM: 2795000000.0
FY2019Asset Intelligence Tracking, AIT: 1479000000.0, Enterprise Visibility Mobility, EVM: 3006000000.0
FY2020Asset Intelligence Tracking, AIT: 1426000000.0, Enterprise Visibility Mobility, EVM: 3029000000.0
FY2021Asset Intelligence Tracking, AIT: 1687000000.0, Enterprise Visibility Mobility, EVM: 3946000000.0
FY2022Asset Intelligence Tracking, AIT: 1736000000.0, Enterprise Visibility Mobility, EVM: 4045000000.0
FY2023Asset Intelligence Tracking, AIT: 1651000000.0, Enterprise Visibility Mobility, EVM: 2933000000.0
FY2024Asset Intelligence Tracking, AIT: 1647000000.0, Enterprise Visibility Mobility, EVM: 3334000000.0
Revenue by region
PeriodValue
FY2012Asia Pacific: 137577000.0, EMEA: 322970000.0, Latin America: 100101000.0, North America: 435520000.0
FY2013Asia Pacific: 152740000.0, EMEA: 326470000.0, Latin America: 99041000.0, North America: 459908000.0
FY2014Asia Pacific: 215911000.0, EMEA: 583005000.0, Latin America: 134638000.0, North America: 737018000.0
FY2015Asia Pacific: 463000000.0, EMEA: 1194000000.0, Latin America: 220000000.0, North America: 1775000000.0
FY2016Asia Pacific: 483000000.0, EMEA: 1138000000.0, Latin America: 214000000.0, North America: 1739000000.0
FY2017Asia Pacific: 468000000.0, EMEA: 1221000000.0, Latin America: 235000000.0, North America: 1798000000.0
FY2018Asia Pacific: 520000000.0, EMEA: 1409000000.0, Latin America: 248000000.0, North America: 2041000000.0
FY2019Asia Pacific: 518000000.0, EMEA: 1462000000.0, Latin America: 244000000.0, North America: 2261000000.0
FY2020Asia Pacific: 439000000.0, EMEA: 1495000000.0, Latin America: 195000000.0, North America: 2319000000.0
FY2021Asia Pacific: 543000000.0, EMEA: 1976000000.0, Latin America: 289000000.0, North America: 2819000000.0
FY2022Asia Pacific: 609000000.0, EMEA: 1920000000.0, Latin America: 333000000.0, North America: 2919000000.0
FY2023Asia Pacific: 481000000.0, EMEA: 1414000000.0, Latin America: 284000000.0, North America: 2405000000.0
FY2024Asia Pacific: 490000000.0, EMEA: 1617000000.0, Latin America: 327000000.0, North America: 2547000000.0
FY2025Asia Pacific: 613000000.0, EMEA: 1724000000.0, GERMANY: 864000000.0, Latin America: 364000000.0, North America: 2695000000.0, UNITED STATES: 2643000000.0

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Zebra Technologies (ZBRA) Stock Insights

ZBRA$383.02+1.35 +0.35%

$18.12B

Market Cap

35.94

P/E

18.10

Forward P/E

50

Score

Price History