Zebra Technologies Stock Forecast

Stock Price Forecast

According to 18 analysts polled by S&P Global, Zebra Technologies stock has a consensus rating of "Buy" and an average price target of $333.18. The average 1-year stock price forecast is 27.52% higher than the current stock price, while the lowest is $292.02 (+11.77%) and the highest is $400 (+53.10%).

Price Target: $333.18 (+27.52%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$292.02	$333.18	$335	$400
Change	+11.77%	+27.52%	+28.22%	+53.10%

Analyst Ratings

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

Recommendation Trends

Chart

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	9	9	9	10	10	10
Buy	4	4	4	4	4	4
Hold	5	5	5	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	18	18	18	18	18	18

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Piyush Avasthy Citi	Citi	Hold Maintains $284 → $306	Hold	Maintains	$284 → $306	+17.12%	Jul 13, 2026
Brad Hewitt Wolfe Research	Wolfe Research	Buy Maintains $296 → $317	Buy	Maintains	$296 → $317	+21.33%	Jul 9, 2026
Jamie Cook Truist Financial	Truist Financial	Hold Maintains $296	Hold	Maintains	$296	+13.29%	Jul 7, 2026
Guy Hardwick Barclays	Barclays	Buy Reiterates $345 → $346	Buy	Reiterates	$345 → $346	+32.43%	Jun 23, 2026
Joseph C Giordano TD Cowen	TD Cowen	Buy Maintains $400	Buy	Maintains	$400	+53.10%	Jun 22, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

6.06B

from 5.40B

12.30%

from 5.40B

Revenue Next Year

6.39B

from 6.06B

5.47%

from 6.06B

EPS This Year

18.56

from 15.84

17.15%

from 15.84

EPS Next Year

20.72

from 18.56

11.64%

from 18.56

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	5.63B	5.78B	4.58B	4.98B	5.40B	6.06B
Revenue Growth	26.51%	2.74%	-20.71%	8.66%	8.33%	12.30%
Gross Profit	2.63B	2.62B	2.12B	2.41B	2.59B	2.94B
Gross Margin	46.70%	45.39%	46.31%	48.44%	48.05%	48.53%
Operating Income	1.01B	936.00M	585.00M	765.00M	800.00M	1.27B
Net Income	837.00M	463.00M	296.00M	528.00M	419.00M	605.54M
EPS	-	-	-	-	15.84	18.56
EPS Growth	-	-	-	-	17.16%	17.15%
Forward PE	31.83	14.45	29.45	24.89	14.13	14.08
Free Cash Flow	840.75M	812.00M	-8.50M	807.88M	658.50M	928.26M
No. Analysts	-	-	-	-	-	17

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	6.1B
Avg	6.1B
Low	6.0B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	13.7%
Avg	12.3%
Low	11.0%

EPS Forecast

Chart

EPS	2026	2027	2028
High	18.90
Avg	18.56
Low	18.14

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	19.3%
Avg	17.2%
Low	14.5%