Core Viewpoint - Zebra Technologies Corporation is set to report its Q4 2025 earnings, with analysts projecting a slight decline in earnings per share (EPS) compared to the previous year, amidst a backdrop of stock underperformance relative to major indices [1][2][4]. Financial Performance - The company is expected to generate a profit of $3.52 per share on a diluted basis for Q4 2025, which represents a 2.8% decrease from $3.62 per share in the same quarter last year [2]. - For the current fiscal year, analysts project an EPS of $12.81, reflecting an 8.2% increase from $11.84 in fiscal 2024, with further growth anticipated to $14.33 in fiscal 2026, marking an approximate 11.9% year-over-year increase [3]. Stock Performance - Zebra Technologies' shares have declined by 35.3% over the past 52 weeks, significantly underperforming the S&P 500 Index, which rose by 16.7%, and the State Street Technology Select Sector SPDR ETF, which returned 25.2% during the same period [4]. - On October 28, 2025, despite reporting better-than-expected Q3 2025 earnings, the stock dropped by 11.7% due to a less favorable Q4 sales outlook, even though organic sales increased by 5.2% year-over-year to $1.3 billion and adjusted EPS for the quarter was $3.88 [5]. Analyst Ratings - Analysts maintain a "Moderate Buy" rating for Zebra Technologies, with 10 out of 17 analysts recommending a "Strong Buy," one a "Moderate Buy," and six suggesting a "Hold" [6]. - The average analyst price target for the stock is $358.21, indicating a potential upside of 38.4% from current levels [6].

Group 1: Analyst Ratings and Price Targets - Zebra Technologies Corporation (NASDAQ:ZBRA) has a 'Buy' rating or equivalent from 70% of analysts, with a median price target of $355, indicating a potential upside of about 35% from the current price [1] - Analyst Piyush Avasthy from Citi reaffirmed a 'Hold' rating with a price target of $311, suggesting a potential upside of nearly 18% [2] Group 2: Company Strategy and Performance - During the Stephens Annual Investment Conference, Zebra Technologies highlighted its strategic vision amid a volatile macroeconomic environment, focusing on growth opportunities and regional pressures [3] - The company aims for 6% organic growth and 17% EPS growth for the year, with core initiatives including share buybacks, the ELO acquisition, and acceleration of RFID and machine vision technologies [4] - Zebra Technologies has deployed $300 million in share buybacks and committed to another $500 million over the next 12 months, with the ELO acquisition expected to contribute $400 million in revenue immediately [4] Group 3: Market Position - Zebra Technologies is well-positioned in North America and Asia-Pacific but lags in Europe, focusing on digitalization and automation of frontline operations [4] - The company operates in the automatic identification and data capture solutions industry through two segments: Asset Intelligence & Tracking, and Enterprise Visibility & Mobility [4]

Core Insights - Zebra Technologies Corporation has significantly underperformed the broader market, with a stock decline of 40.6% over the past 52 weeks and 40.9% year-to-date, contrasting with the S&P 500 Index's gains of 10.5% and 11.2% respectively [2][3] Financial Performance - Zebra Technologies reported a 5.2% year-over-year growth in net sales for Q3, reaching $1.3 billion, which exceeded market expectations by 71 basis points [4] - The adjusted EPS for the quarter increased by 11.2% year-over-year to $3.88, surpassing consensus estimates by 3.5% [4] - For the full fiscal year 2025, analysts project an adjusted EPS of $15.83, reflecting a 17.1% year-over-year increase [6] Market Outlook - The company's Q4 sales outlook is projected to grow by 8% to 11% year-over-year, which includes an 8.5% favorable impact from acquisitions and foreign currency translation [5] - Despite the positive financial results, Zebra's stock price dropped by 11.7% following the Q3 results announcement, indicating a dampened investor confidence [4] Analyst Sentiment - Among the 17 analysts covering Zebra Technologies, the consensus rating is a "Moderate Buy," consisting of 10 "Strong Buys," one "Moderate Buy," five "Holds," and one "Strong Sell" [6] - The current analyst sentiment is slightly less optimistic compared to the previous month, where no analysts issued "Strong Sell" recommendations [7]

Core Insights - Zebra Technologies Corporation (NASDAQ:ZBRA) is identified as an overlooked AI stock with a price target increase from $319 to $350, indicating a potential upside of approximately 14% [1] - The third quarter results are described as a "mixed bag," with margin risks anticipated in the Machinery business due to tariff headwinds, although these pressures may be limited to 2025 [2] - Multi-Industry earnings are expected to align broadly with conservative growth assumptions, and the Engineering and Construction group is projected to perform well due to a solid backlog [3] Company Overview - Zebra Technologies Corporation, based in Lincolnshire, Illinois, specializes in enterprise asset intelligence solutions, operating primarily in two segments: Asset Intelligence and Tracking, and Enterprise Visibility and Mobility [4]

Company Overview - Zebra Technologies Corporation is a leading provider of enterprise asset intelligence solutions in the automatic identification and data capture solutions industry globally [11] - The company offers a diversified portfolio that includes cloud-based subscriptions and a full range of services such as maintenance, repair, technical support, and managed and professional services [11] - Zebra Technologies operates in 180 countries and employs approximately 9,900 individuals worldwide as of the end of 2024 [11] Investment Rating - Zebra Technologies holds a 2 (Buy) rating on the Zacks Rank, indicating a favorable investment outlook [12] - The company has a VGM Score of B, suggesting a balanced assessment of value, growth, and momentum [12] Performance Metrics - The Momentum Style Score for Zebra Technologies is rated A, reflecting strong recent performance with shares increasing by 5.7% over the past four weeks [12] - In the last 60 days, four analysts have revised their earnings estimates upwards for fiscal 2025, with the Zacks Consensus Estimate rising by $0.88 to $15.39 per share [12] - Zebra Technologies has demonstrated an average earnings surprise of +7.4%, indicating a history of exceeding earnings expectations [12] Investment Consideration - With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, Zebra Technologies is recommended for investors' consideration [13]