ZBRA

Zebra TechnologiesNASDAQ · Electronic Equipment & Instruments · Information Technology

Previous close

341.18

Change

−1.55 / −0.45%

FinDog View

Neutral

52-Week Range

199.05 – 386.23

P/E (TTM)

30.8

Forward P/E

14.6

Based on consensus earnings for the next 12 months

Market Cap

$13.7B

−8.10%

S&P 500 −2.41% over same period

Volume / Avg Volume

517K / 499K

1.04× average

Price History

Closing price · USD1M 6M 1Y 5Y

Historical P/E

Close ÷ trailing four-quarter EPS · Period median 27.91M 6M 1Y 5Y

Recent Earnings

Click to read the FinDog analysis

Period	Reported	Revenue	EPS Actual / Est.	Next-Day Move	Analysis
FY2026 Q3 Quarter ended 2026-07	2026-08-04	$1.6B	6.35 / 4.44	+0.04%	Pending
FY2026 Q2 Quarter ended 2026-04	2026-05-12	$1.5B	4.75 / 4.33	+2.06%	Pending
FY2025 Q4 Quarter ended 2025-12	2026-02-12	—	— / —	−3.48%	Pending
FY2025 Q3 Quarter ended 2025-09	2025-10-28	—	— / —	−1.29%	Pending
FY2025 Q2 Quarter ended 2025-06	2025-08-05	—	— / —	+1.89%	Pending
FY2025 Q1 Quarter ended 2025-03	2025-04-29	—	— / —	−2.24%	Pending

Decision Panel

Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market data

Valuation

P/E is at percentile 51 of its 5-year rangeMid-range

5-year range 24.4 – 53.7 · Median 30.5

Last 4 quarters: $905M in buybacks + $0 in dividends, 6.58% of market cap combined

P/E (TTM)

30.8

P/B

4.8

P/S

2.8

PEG

1.12

Earnings Reaction

Over the last 6 reports, the stock moved ±1.8% on average on the first trading day after, rising 3 times

Most recent +0.04%

Volatility & Correlation

1-year beta 1.79 · Correlation with S&P 500 0.47High beta

Annualized volatility 49% vs. 13% for the S&P 500

Insider Trading

View all →

Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions

Buy 0 · $0.00MSell 2 · $1.5MNet selling $1.5M

08-10Connly LindaDirectorSell$0.19M500 shares · Avg price 377.68
08-07Cho MichaelChief Strategy OfficerSell$1.3M3,500 shares · Avg price 375.20

Multi-Quarter Financial Trends

View all quarters →

Last 12 quarters · As reported by the company

Quarter	Revenue ($B)	YoY	Gross Margin	Operating Income ($B)	Net Income ($B)	Free Cash Flow ($B)	EPS
FY2026 Q3	1.56	+18.0%	53.0%	0.32	0.23	0.20	4.85
FY2026 Q2	1.50	+15.6%	49.6%	0.22	0.14	0.16	2.72
FY2025 Q4	1.48	+10.6%	47.3%	0.14	0.07	0.33	1.40
FY2025 Q3	1.32	+5.2%	48.0%	0.18	0.10	0.22	1.97
FY2025 Q2	1.29	+6.2%	47.6%	0.18	0.11	0.13	2.19
FY2025 Q1	1.31	+11.3%	49.3%	0.20	0.14	0.16	2.62
FY2024 Q4	1.33	+32.2%	48.6%	0.23	0.16	0.29	3.14
FY2024 Q3	1.26	+3.4%	48.8%	0.19	0.14	0.28	2.64
FY2024 Q2	1.22	−13.4%	48.4%	0.17	0.11	0.28	2.17
FY2024 Q1	1.18	—	47.9%	0.16	0.12	0.11	2.23
FY2023 Q4	1.01	−26.8%	44.4%	0.07	0.02	0.10	0.32
FY2023 Q3	1.21	—	47.9%	0.19	0.14	-0.05	2.78

Peers

Largest by market cap in the sector · Latest quarterView Information Technology sector →

Ticker	Company	Market Cap	P/E	Revenue YoY	Gross Margin	1M	View
ZBRA	Zebra Technologies	$13.7B	30.8	+18.0%	53.0%	−8.10%	Neutral
NVDA	Nvidia	$5.15T	26.8	+105.9%	75.0%	−4.94%	Bullish	Compare
AAPL	Apple Inc.	$4.85T	37.5	+16.4%	50.1%	+8.78%	Bullish	Compare
MSFT	Microsoft	$3.64T	27.7	+17.7%	67.2%	+2.07%	Neutral	Compare
AVGO	Broadcom	$1.62T	42.3	+85.5%	69.1%	−13.49%	Bullish	Compare
MU	Micron Technology	$1.05T	20.7	+345.7%	84.6%	−8.42%	Neutral	Compare
AMD	Advanced Micro Devices	$837B	131.0	+50.1%	53.8%	+1.28%	Bullish	Compare
INTC	Intel	$534B	—	+25.4%	40.4%	−2.36%	Neutral	Compare
CSCO	Cisco	$425B	32.7	+17.6%	64.1%	−4.57%	Neutral	Compare

The View in One Line

FY2026 Q2 revenue $1.56 billion, gross margin 53%, no YoY or EPS data, price down 8.1% for the month, lacks new information, maintain Neutral.

Updated 2026-09-16

Key Events

05-26Governance
Zebra Technologies Annual Meeting Passes Director Elections and Executive Compensation
At the May 19, 2026 meeting, four directors were elected, and executive compensation, the 2026 long-term incentive plan, and EY as auditor were approved.Source ↗

Key Financial Trends

Quarterly Revenue ($B)1.6

Gross Margin53.0%

Free Cash Flow ($B)0.2