Zebra Technologies Corporation (ZBRA)

Zebra Technologies Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for Zebra Technologies stock have an average target of 403.55, with a low estimate of 305 and a high estimate of 445. The average target predicts an increase of 2.32% from the current stock price of 394.40.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$305	$403.55	$415	$445
Change	-22.67%	+2.32%	+5.22%	+12.83%

Analyst Ratings

The average analyst rating for ZBRA stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	3	3	3	3	3	3
Buy	3	3	3	3	3	3
Hold	4	4	3	3	4	5
Sell	1	1	1	1	0	0
Strong Sell	0	0	0	0	0	0
Total	11	11	10	10	10	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Piyush Avasthy Citigroup	Citigroup	Hold Initiates $430	Hold	Initiates	$430	+9.03%	Jan 14, 2025
Jamie Cook Truist Securities	Truist Securities	Hold Maintains $383 → $408	Hold	Maintains	$383 → $408	+3.45%	Dec 19, 2024
Meta Marshall Morgan Stanley	Morgan Stanley	Hold Maintains $400 → $427	Hold	Maintains	$400 → $427	+8.27%	Dec 17, 2024
Meta Marshall Morgan Stanley	Morgan Stanley	Sell → Hold Upgrades $305 → $400	Sell → Hold	Upgrades	$305 → $400	+1.42%	Dec 2, 2024
Tim Long Barclays	Barclays	Hold Maintains $347 → $407	Hold	Maintains	$347 → $407	+3.19%	Oct 31, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

5.06B

Increased by 10.47%

from 4.58B

Revenue Next Year

5.47B

Increased by 8.02%

from 5.06B

EPS This Year

13.63

Increased by 138.35%

from 5.72

EPS Next Year

16.24

Increased by 19.15%

from 13.63

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	4.49B	4.45B	5.63B	5.78B	4.58B	5.06B	5.47B	5.81B
Revenue Growth	6.33%	-0.82%	26.51%	2.74%	-20.71%	10.47%	8.02%	6.20%
EPS	9.97	9.35	15.52	8.80	5.72	13.63	16.24	18.25
EPS Growth	28.48%	-6.22%	65.99%	-43.30%	-35.00%	138.35%	19.15%	12.36%
Forward PE	-	-	-	-	-	28.93	24.28	21.61
No. Analysts	-	-	-	-	-	20	20	17

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	5.2B	5.8B	6.2B
Avg	5.1B	5.5B	5.8B
Low	4.9B	5.1B	5.3B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	14.2%	15.4%	13.6%
Avg	10.5%	8.0%	6.2%
Low	5.9%	0.7%	-2.2%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	14.28	18.17	20.64
Avg	13.63	16.24	18.25
Low	11.52	13.83	15.51

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	149.7%	33.2%	27.1%
Avg	138.3%	19.1%	12.4%
Low	101.5%	1.4%	-4.5%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.