ZBRA Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $385.78
Market Cap $18.67B
P/E (TTM) 35.3
EPS (TTM) $10.94
Revenue (TTM) $5.85B
ROE 11.6%
Debt/Equity 0.7
52W Range $199–$391

ZBRA Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

04
range
bars

Bar granularity adapts to the selected period — hover the chart to see open/high/low/close for a bar.

Stock splits 3
Ex-date Split Type
Aug. 26, 2004 3-for-2 Forward
Aug. 22, 2003 3-for-2 Forward
Dec. 29, 1995 2-for-1 Forward

About Zebra Technologies Corporation - Class A Common Stock Company overview from Wikipedia

05 · wikidata

Zebra Technologies Corporation (ZBR), commonly known as Zebra, is an American multinational technology conglomerate corporation, specializing in smart data capture systems.

As of 2025, Zebra holds nearly 8,000 patents and patent applications worldwide. Zebra (ZBRA) stock has been listed on the NASDAQ since its initial public offering (IPO) in 1991.

History

20th century

Zebra was incorporated in 1969 as Data Specialties Incorporated, a manufacturer of high-speed electromechanical products. The company changed its focus to specialty on-demand labeling and ticketing systems in 1982 and became Zebra Technologies Corporation in 1986. Zebra became a publicly traded company on the NASDAQ stock exchange in 1991.

In 1986, Zebra (then Data Specialties Incorporated) acquired Qwint Systems.

In 1998, Zebra Technologies merged with Eltron International, Inc.

21st century

In 2000, Comtec Information Systems was acquired by Zebra Technologies, followed in 2003 by the acquisition of Atlantek, Inc., which was a manufacturer of photo ID printers.

In 2004, the company expanded into RFID smart label manufacturing. In the following years, Zebra also acquired Swecoin, WhereNet Corp, Proveo AG, and Navis Holdings (later divested in 2011).

The company bought the Enterprise Solutions Group (ESG) in 2008 and renamed the group Zebra Enterprise Solutions in 2009. In the same year, Multispectral Solutions, Inc. was acquired. In 2012, the companies LaserBand, and StepOne Systems were purchased with a cash price of $1.5 million.

In 2013, the company acquired Hart Systems for $94 million in cash from the private equity firm Topspin Partners LBO.

In 2014, Zebra acquired Motorola Solutions' Enterprise Division in a $3.45 billion transaction, providing mobile computing and advanced data capture communications technologies and services. Zebra's acquisition of the Enterprise Division included the Symbol Technologies and Psion product lines. Also in 2014, Zebra provided its real-time location system (RTLS) in NFL stadiums to track players and officials and provide location-based data for the NFL's Next Gen Stats program. Zebra’s partnership with the NFL extends through the 2025 football season.

In 2018, the company acquired Xplore Technologies, a maker of ruggedized tablets and other hard-wearing hardware.

In 2019, Zebra acquired Temptime Corporation, a provider of temperature monitoring devices to the healthcare industry. That same year, Zebra also acquired Profitect, a retail software company that developed a product line used for tracking and identifying inventory losses.

In 2020, Zebra acquired Reflexis Systems, a provider of workforce scheduling and task management software to the retail, food service, hospitality, and banking industries for $575 Million.

In 2021, Zebra acquired Adaptive Vision (provider of graphical Machine Vision software), Fetch Robotics (manufacturer of autonomous mobile robots) and Antuit.ai (provider of AI-powered SaaS solutions specific to forecasting and merchandising for the retail and CPG industries).

In 2022, Zebra acquired Matrox Imaging, a developer of machine vision components and systems.

In December 2023, Zebra partnered with Verizon Business to create a software package that will allow for a faster private 5G network. Zebra tablets and computers will work on Verizon's private network, allowing for more network capacity and fast communication.

In 2023, Zebra unveiled Zebra Workcloud - its purpose-built suite of enterprise software applications, primarily serving in retail, banking and healthcare industries. Zebra also introduced the WS50 powered by Workcloud, the first wearable Android touch computer.

In August 2025, Zebra announced a $1.3 billion all-cash acquisition of Elo Touch Solutions, a touch screen technology maker.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

sectorIndustrials industryElectrical Equipment employees10,700 countryUS

10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$5.40B
2016-12-31 → 2025-12-31
EPS$8.18
2016-12-31 → 2025-12-31
Free Cash Flow$831M
2016-12-31 → 2025-12-31
Net margin9.2%
2016-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend ZBRA 5Y avg Peer Median Verdict
P/E (TTM) 35.35Y avg ≈36.6 ≈36.6 34.7 Undervalued
P/S 3.55Y avg ≈3.4 ≈3.4 4.4 Undervalued
P/B 5.25Y avg ≈5.8 ≈5.8 3.8 Fair value
EV / EBITDA 30.15Y avg ≈28.9 ≈28.9 24.5 Undervalued
Price / FCF 22.55Y avg ≈-11.1 ≈-11.1 · ·
Price / Cash Flow 20.45Y avg ≈-684.3 ≈-684.3 22.3 Undervalued
EV / Revenue 3.95Y avg ≈3.8 ≈3.8 · ·
EV / FCF 25.35Y avg ≈-13.8 ≈-13.8 · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise 11.2%
Next Report Nov 03, 2026
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Aug 4, 2026 $6.35 $4.44 42.9%
March 31, 2026 May 12, 2026 $4.75 $4.33 9.6%
Dec. 31, 2025 $4.33 $4.42 -2.0%
Sept. 30, 2025 $3.88 $3.83 1.4%
June 30, 2025 $3.61 $3.39 6.5%
March 31, 2025 $4.02 $3.69 9.0%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 17
Metric Trend 202520242023202220212020201920182017201620152014
Revenue $5.40B$4.98B$4.58B$5.78B$5.63B$4.45B$4.49B$4.22B$3.72B$3.57B$3.65B$1.67B
Cost of Revenue $2.80B$2.57B$2.46B$3.16B$3.00B$2.44B$2.38B$2.24B$2.01B$1.93B$2.01B$893M
Gross Profit $2.59B$2.41B$2.12B$2.62B$2.63B$2.00B$2.10B$1.98B$1.71B$1.64B$1.64B$778M
R&D Expense $593M$563M$519M$570M$567M$453M$447M$444M$389M$376M$394M$151M
SG&A Expense $433M$381M$334M$375M$348M$304M$323M$328M$301M$307M$283M$138M
Operating Expenses $1.89B$1.67B$1.64B$2.10B$1.65B$1.35B$1.41B$1.37B$1.39B$1.56B$1.61B$689M
Operating Income $700M$742M$481M$529M$979M$651M$692M$610M$322M$80M$37M$89M
Interest Expense ····$5M$76M$89M$91M$227M$193M$193M$62M
Other Non-op $-14M$-14M$-12M$-5M$-1M$3M$1M$10M$-6M$-11M$-1M$-1M
Pretax Income $560M$635M$334M$544M$968M$560M$598M$524M$88M$-129M$-180M$17M
Income Tax $141M$107M$38M$81M$131M$56M$54M$103M$71M$8M$-22M$-15M
Net Income $419M$528M$296M$463M$837M$504M$544M$421M$17M$-137M$-158M$32M
EPS (Basic) $8.24$10.25$5.75$8.86$15.66$9.43$10.08$7.86$0.33$-2.65$-3.10$0.64
EPS (Diluted) $8.18$10.18$5.72$8.80$15.52$9.35$9.97$7.76$0.32$-2.65$-3.10$0.63
Shares (Basic) 50,820,58951,494,95751,378,05152,207,90353,446,39953,441,37553,991,24953,591,65553,021,76151,579,11250,996,29750,789,173
Shares (Diluted) 51,212,39551,879,70951,710,96252,558,71253,902,43053,913,24554,594,41754,299,81253,688,83251,579,11250,996,29751,379,698
EBITDA $700M$742M$481M$529M$979M$651M$692M$610M$322M$80M$37M$89M
Balance Sheet 31
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents $125M$901M$137M$105M$332M$168M$30M$44M$62M$156M$192M$394M
Short-term Investments ··········$0$24M
Receivables $801M$692M$521M$768M$752M$508M$613M$520M$479M$625M$671M$671M
Inventory $729M$693M$804M$860M$491M$511M$474M$520M$458M$345M$397M$394M
Prepaid Expense $110M$134M$147M$124M$106M$70M$46M$54M$24M$64M$70M$53M
Other Current Assets ·······$38M$24M$41M$63M·
Current Assets $1.80B$2.44B$1.67B$1.88B$1.69B$1.27B$1.20B$1.16B$1.06B$1.22B$1.33B$1.67B
PP&E (Net) $353M$305M$309M$278M$272M$274M$259M$249M$264M$292M$298M$255M
PP&E (Gross) $859M$781M$731M$685M$645M$643M$610M$546M$641M$598M$554M$448M
Accum. Depreciation $506M$476M$422M$407M$373M$369M$351M$297M$377M$306M$256M$193M
Goodwill $4.73B$3.89B$3.90B$3.90B$3.27B$2.99B$2.62B$2.50B$2.46B$2.46B$2.49B$2.49B
Intangibles $809M$422M$527M$630M$469M$402M$275M$232M$299M$480M$757M$1.03B
Other Non-current Assets $237M$231M$296M$276M$197M$164M$126M$87M$65M$67M$91M$93M
Total Assets $8.50B$7.97B$7.31B$7.53B$6.21B$5.38B$4.71B$4.34B$4.28B$4.63B$5.04B$5.54B
Accounts Payable $695M$633M$456M$811M$700M$601M$552M$552M$424M$413M$289M$327M
Accrued Liabilities $558M$503M$504M$744M$639M$559M$379M$322M$296M$323M$367M$421M
Current Liabilities $1.85B$1.70B$1.60B$2.33B$1.80B$1.85B$1.40B$1.30B$1.00B$949M$895M$953M
Capital Leases $157M$155M$152M$139M$121M$129M$100M$0····
Deferred Tax $32M$57M$67M$75M$6M$0$0$8M$0$3M$1M$200M
Other Non-current Liabilities $116M$70M$94M$108M$67M$97M$67M$89M$117M$116M$115M$74M
Total Liabilities $4.91B$4.38B$4.27B$4.80B$3.23B$3.23B$2.87B$3.00B$3.44B$3.84B$4.15B$4.50B
Long-term Debt $2.50B$2.17B$2.22B$2.02B$991M$1.25B$266M$1.59B$2.18B$2.65B$3.01B$3.16B
Total Debt $2.50B$2.17B$2.22B$2.02B$991M$1.25B$1.28B$1.59B$2.23B$2.65B$0$3.19B
Common Stock $1M$1M$1M$1M$1M$1M$1M$1M$1M$1M$1M$1M
Paid-in Capital $814M$669M$615M$561M$462M$395M$339M$294M$257M$210M$194M$147M
Retained Earnings $5.28B$4.86B$4.33B$4.04B$3.57B$2.74B$2.23B$1.69B$1.25B$1.24B$1.38B$1.53B
Treasury Stock $2.49B$1.90B$1.86B$1.80B$1.02B$919M$689M$613M$620M$614M$631M$634M
AOCI $-18M$-44M$-54M$-66M$-29M$-69M$-44M$-35M$-52M$-45M$-48M$-9M
Stockholders' Equity $3.59B$3.59B$3.04B$2.73B$2.98B$2.14B$1.84B$1.33B$834M$792M$893M$1.04B
Liabilities + Equity $8.50B$7.97B$7.31B$7.53B$6.21B$5.38B$4.71B$4.34B$4.28B$4.63B$5.04B$5.54B
Shares Outstanding 49,592,94651,506,05951,378,86251,451,50053,415,27553,462,08254,002,93253,871,18453,236,09552,884,58852,161,85151,654,337
Cash Flow 17
Metric Trend 202520242023202220212020201920182017201620152014
D&A $185M$172M$176M$204M$187M$146M$175M$175M$263M$304M$320M$81M
Stock-based Comp $163M$89M$55M$88M$76M$51M$48M$45M$35M$27M$31M$20M
Deferred Tax ·$-94M$-35M$-208M$-68M$-40M$-42M$3M$-9M$-43M$-142M$-44M
Amort. of Intangibles $114M$104M$104M$136M$115M$78M$103M$97M$184M$229M$251M$54M
Restructuring $29M$17M$98M$14M$7M$11M$10M$11M$16M$19M$40M$6M
Operating Cash Flow $917M$1.01B$-4M$488M$1.07B$962M$685M$785M$478M$380M$122M$248M
CapEx $86M$59M$87M$75M$59M$67M$61M$64M$50M$77M$122M$39M
Investing Cash Flow $-1.46B$-57M$-92M$-968M$-546M$-641M$-335M$-137M$-51M$-39M$-148M·
Debt Issued $347M$651M$440M$1.28B$46M$302M$637M$909M$1.37B$102M$0$3.19B
Net Debt Issued $328M$-43M$195M$1.04B$-257M$-40M$-312M$-657M$-454M$102M$0$3.19B
Stock Repurchased $587M$47M$52M$751M$57M$200M$47M$0$0·$0$0
Net Stock Activity $-587M$-47M$-52M$-751M$-57M$-200M$-47M···$0$0
Financing Cash Flow $-239M$-190M$117M$253M$-371M$-157M$-365M$-661M$-517M$-384M$-161M·
Net Change in Cash $-776M$763M$21M$-227M$152M$162M$-14M$-18M$-94M$-36M$-202M$331M
Taxes Paid $134M$124M$252M·········
Free Cash Flow $831M$954M$-91M$413M$1.01B$895M$624M$721M$428M$295M$-12M$209M
Levered FCF ····$1.01B$827M$543M$648M$384M$90M$-181M$98M
Profitability 8
Metric Trend 202520242023202220212020201920182017201620152014
Gross Margin 48.0%48.4%46.3%45.4%46.7%45.0%46.8%47.0%45.9%45.9%45.0%46.6%
Operating Margin 13.0%14.9%10.5%9.2%17.4%14.6%15.4%14.5%8.6%2.2%1.0%5.3%
Net Margin 7.8%10.6%6.5%8.0%14.9%11.3%12.1%10.0%0.46%-3.8%-4.3%1.9%
Pretax Margin 10.4%12.8%7.3%9.4%17.2%12.6%13.3%12.4%2.4%-3.6%-4.9%1.0%
EBITDA Margin 13.0%14.9%10.5%9.2%17.4%14.6%15.4%14.5%8.6%2.2%1.0%5.3%
ROA 5.1%6.9%4.0%6.7%14.4%10.0%12.0%9.8%0.38%-2.8%·0.97%
ROE 11.6%15.1%9.8%17.2%28.9%24.7%30.8%33.1%2.1%-16.3%·3.2%
ROIC 8.6%10.7%8.1%9.5%21.3%17.3%20.2%16.8%2.0%2.5%·4.1%
Liquidity & Solvency 5
Metric Trend 202520242023202220212020201920182017201620152014
Current Ratio 1.01.41.00.80.90.70.90.91.11.3·1.7
Quick Ratio 0.50.90.40.40.60.40.50.40.50.8·1.1
Debt / Equity 0.70.60.70.70.30.60.71.22.73.3·3.1
LT Debt / Equity 0.70.60.70.70.30.40.61.12.63.3·3.1
Interest Coverage ····195.88.67.86.71.40.40.21.6
Efficiency 3
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 0.70.70.60.81.00.91.01.00.80.7·0.5
Inventory Turnover 3.93.43.04.76.05.04.84.65.05.2·3.5
Receivables Turnover 7.28.27.17.68.97.97.98.46.75.5·3.9
Per Share 5
Metric Trend 202520242023202220212020201920182017201620152014
Book Value / Share $72.35$69.62$59.09$53.12$55.86$40.10$34.05$24.78$15.67$14.98·$20.13
Revenue / Share $105.37$96.01$88.65$109.99$104.39$82.50$82.15$77.68$69.33$69.29$71.57$32.51
Cash Flow / Share $17.91$19.53$-0.08$9.28$19.83$17.84$12.55$14.46$8.90$7.21$2.16$4.83
Cash / Share $2.52$17.49$2.67$2.04$6.22$3.14$0.56$0.82$1.16$2.95·$7.63
EPS (TTM) $8.18$10.18$5.72$8.80$15.52$9.35$9.97$7.76$0.32$-2.65$-3.10$0.63
Growth Rates 9
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY 8.3%8.7%-20.7%2.7%26.5%·······
Revenue CAGR 3Y -2.3%-4.0%1.0%·········
Revenue CAGR 5Y 3.9%···········
EPS YoY -19.7%78.0%-35.0%-43.3%66.0%·······
EPS CAGR 3Y -2.4%-13.1%-15.1%·········
EPS CAGR 5Y -2.6%···········
Net Income YoY -20.6%78.4%-36.1%-44.7%66.1%·······
Net Income CAGR 3Y -3.3%-14.2%-16.3%·········
Net Income CAGR 5Y -3.6%···········
Valuation (TTM) 13
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM $5.40B$4.98B$4.58B$5.78B$5.63B$4.45B$4.49B$4.22B$3.72B$3.57B$3.65B$1.67B
Net Income TTM $419M$528M$296M$463M$837M$504M$544M$421M$17M$-137M$-158M$32M
Market Cap $12.04B$19.89B$14.04B$13.19B$31.79B$20.55B$13.79B$8.58B$5.53B$4.54B·$4.00B
Enterprise Value $14.42B$21.16B$16.13B$15.11B$32.45B$21.62B$15.04B$10.12B$7.69B$7.03B·$6.77B
P/E 29.737.947.829.138.441.125.620.5324.4-32.4-22.5122.9
P/S 2.24.03.12.35.74.63.12.01.51.3·2.4
P/B 3.45.54.64.810.79.67.56.46.65.7·3.8
P / Cash Flow 13.119.6-3510.827.029.721.420.110.911.612.2·16.1
P / FCF 14.520.9-154.331.931.523.022.111.912.915.4·19.1
EV / EBITDA 20.628.533.528.633.133.221.716.623.987.8·76.4
EV / FCF 17.422.2-177.236.632.124.224.114.018.023.8·32.4
EV / Revenue 2.74.23.52.65.84.93.42.42.12.0·4.1
Earnings Yield 3.4%2.6%2.1%3.4%2.6%2.4%3.9%4.9%0.31%-3.1%-4.5%0.81%

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $5.40B $4.98B $4.58B $5.78B $5.63B
Gross Margin % 48.0% 48.4% 46.3% 45.4% 46.7%
Operating Margin % 13.0% 14.9% 10.5% 9.2% 17.4%
Net Income $419M $528M $296M $463M $837M
Diluted EPS $8.18 $10.18 $5.72 $8.80 $15.52

Institutional owners (13F) 708 filers · $14.6B total · As of Sept. 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 708
Value held $14.6B
New positions 124
Exited positions 103
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
124 (+42 vs prior Q) 103 (-18 vs prior Q) 196 (-6 vs prior Q) 238 (-26 vs prior Q) +3.5M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
VANGUARD GROUP INC $1,613,685,806 6,645,605 11.09% Shares
BlackRock, Inc. $871,792,348 3,311,526 5.99% Shares
VANGUARD CAPITAL MANAGEMENT LLC $819,860,614 3,114,262 5.63% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $702,211,563 2,667,369 4.82% Shares
Boston Partners $689,142,411 2,617,838 4.74% Shares
STATE STREET CORP $496,151,379 1,884,644 3.41% Shares
Invesco Ltd. $464,908,473 1,765,967 3.19% Shares
GEODE CAPITAL MANAGEMENT, LLC $355,189,542 1,351,501 2.44% Shares
Alyeska Investment Group, L.P. $328,674,318 1,248,478 2.26% Shares
FULLER & THALER ASSET MANAGEMENT, INC. $318,252,162 1,208,889 2.19% Shares
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP $280,818,389 1,066,696 1.93% Shares
NORDEA INVESTMENT MANAGEMENT AB $277,422,810 1,083,302 1.91% Shares
JPMORGAN CHASE & CO $276,348,173 1,078,041 1.90% Shares
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC $259,499,858 985,717 1.78% Shares
Contour Asset Management LLC $249,498,346 947,726 1.71% Shares
ARIEL INVESTMENTS, LLC $242,988,454 922,998 1.67% Shares
MORGAN STANLEY $234,563,467 890,992 1.61% Shares
VICTORY CAPITAL MANAGEMENT INC $232,912,440 884,724 1.60% Shares
DIMENSIONAL FUND ADVISORS LP $229,240,555 870,883 1.58% Shares
MILLENNIUM MANAGEMENT LLC $216,785,396 823,465 1.49% Shares
FMR LLC $208,722,086 792,836 1.43% Shares
GOLDMAN SACHS GROUP INC $190,395,425 723,222 1.31% Shares
UBS Group AG $186,912,493 709,992 1.28% Shares
LAZARD ASSET MANAGEMENT LLC $165,472,336 628,551 1.14% Shares
Sumitomo Mitsui Trust Group, Inc. $160,947,423 611,363 1.11% Shares
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ $156,919,544 596,063 1.08% Shares
Focus Partners Wealth $151,346,674 574,893 1.04% Shares
NORGES BANK $138,972,058 527,889 0.95% Shares
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC $114,416,729 547,239 0.79% Shares
NEW SOUTH CAPITAL MANAGEMENT INC $108,724,800 412,994 0.75% Shares
NORTHERN TRUST CORP $108,262,253 411,237 0.74% Shares
Fenimore Asset Management Inc $95,144,007 361,407 0.65% Shares
Swedbank AB $94,010,146 357,100 0.65% Shares
ALLIANCEBERNSTEIN L.P. $87,103,146 416,602 0.60% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $84,699,956 321,735 0.58% Shares
BANK OF AMERICA CORP /DE/ $84,234,513 319,967 0.58% Shares
JANE STREET GROUP, LLC $82,384,847 312,941 0.57% Shares
AXA Investment Managers S.A. $81,242,356 273,396 0.56% Shares
DEUTSCHE BANK AG\ $80,678,397 306,459 0.55% Shares
VANGUARD FIDUCIARY TRUST CO $70,427,315 267,520 0.48% Shares
SCHRODER INVESTMENT MANAGEMENT GROUP $70,258,040 266,877 0.48% Shares
WELLS FARGO & COMPANY/MN $68,195,268 259,042 0.47% Shares
RENAISSANCE TECHNOLOGIES LLC $66,318,090 251,911 0.46% Shares
Bank of New York Mellon Corp $64,463,379 244,866 0.44% Shares
SUMMITRY LLC $62,441,833 237,187 0.43% Shares
Pictet Asset Management Holding SA $60,621,143 230,271 0.42% Shares
Woodline Partners LP $59,526,245 226,112 0.41% Shares
RAYMOND JAMES FINANCIAL INC $56,207,063 213,504 0.39% Shares
SG Capital Management LLC $56,096,757 213,085 0.39% Shares
Robeco Institutional Asset Management B.V. $50,204,998 190,705 0.34% Shares

Show all 708 institutional owners →

Activists & 5%+ owners 1 position

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
ZEBRA TECHNOLOGIES CORPORATION ×4 filings March 27, 2002 · Initial filing · SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Company insiders 54 insiders · 39 officers · 18 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Bill Burns Chief Executive Officer Feb. 4, 2026 A 58,292 0 0 $0
KAPLAN EDWARD L & CAROL K Chief Executive Officer Dec. 2, 2005 S 382,873 0 0 $0
Nathan Andrew Winters Chief Financial Officer May 4, 2026 F 23,100 0 0 $0
Olivier Leonetti SVP, Chief Financial Officer May 11, 2020 M 6,277 0 0 $0
Michael C Smiley Chief Financial Officer May 12, 2016 A 49,817 0 0 $0
Charles R Whitchurch Chief Financial Officer April 25, 2008 M 8,547 0 0 $0
John Dillon Division President Dec. 31, 2007 P 14,656 0 0 $0
Michael Cho Chief Strategy Officer Aug. 7, 2026 S 5,170 0 1 $-1,313,200
Loizides Melissa Luff Chief People Officer Aug. 3, 2026 F 3,656 0 1 $-126,975
Richard Edward Hudson Chief Revenue Officer May 4, 2026 F 10,783 0 0 $0
Robert John Armstrong Jr Chief Marketing Officer May 4, 2026 F 7,459 0 1 $-2,068
Tamara Dionne Froese Chief Supply Chain Officer May 4, 2026 F 6,587 0 0 $0
Cristen L Kogl Chief Legal Officer Feb. 3, 2026 A 19,431 0 1 $-34,178
Colleen M O'Sullivan Chief Accounting Officer Feb. 3, 2026 A 6,939 0 0 $0
Jeffrey F Schmitz Chief People Officer Dec. 17, 2025 F 11,056 0 0 $0
Joseph Ramsey White Chief Product & Solutions May 5, 2025 F 12,142 0 0 $0
Joachim Heel Chief Revenue Officer May 6, 2023 F 36,327 0 0 $0
Stephen Edgar Williams Chief Global Ops & Services Aug. 4, 2022 M 1,976 0 0 $0
Michael H Terzich SVP, Chief Administrative Ofcr May 26, 2020 S 22,266 0 0 $0
Holly R Tyson SVP, Chief HR Officer April 30, 2020 A 1,633 0 0 $0
Hugh K Gagnier SVP, Global Supply Chain Aug. 23, 2018 M 10,427 0 0 $0
KAPUT JIM L SVP, General Counsel & Secy Aug. 14, 2018 M 17,262 0 0 $0
Gina Vascsinec Chief Accounting Officer May 12, 2016 A 3,173 0 0 $0
Steve Boshold Acting Chief Accounting Office Feb. 29, 2016 A 168 0 0 $0
Thomas Joseph Collins SVP, Supply Chain May 29, 2015 D 1,029 0 0 $0
Robert Sanders SVP, General Management May 15, 2015 A 5,630 0 0 $0
Juliann Larimer SVP, Chief Marketing Officer May 15, 2015 A 5,255 0 0 $0
Girish D Rishi SVP, Enterprise Solutions April 24, 2015 D 0 0 0 $0
Philip Gerskovich SVP, New Growth Platforms Aug. 22, 2014 M 18,271 0 0 $0
Todd R Naughton VP Finance Aug. 12, 2014 M 2,701 0 0 $0
Terrance L Collins SVP, Human Resources June 20, 2014 F 642 0 0 $0
Gerhard Cless Executive Vice President Dec. 20, 2012 S 67,106 0 0 $0
Joanne Townsend VP Human Resources Nov. 2, 2012 D 845 0 0 $0
William J Walsh SVP and GM, ZES Aug. 31, 2010 M 18,636 0 0 $0
Noel Elfant VP, General Counsel & Secy May 7, 2009 A 11,869 0 0 $0
Veraje Anjargolian VP & General Manager, CPS Oct. 14, 2008 P 6,000 0 0 $0
Bruce R Ralph VP, Human Resources Oct. 20, 2007 F 3,108 0 0 $0
John H Kindsvater Sr. VP Corporate Development March 4, 2005 M 3,021 0 0 $0
Michael T Edicola VP Human Resources Dec. 23, 2003 M 0 0 0 $0
Linda Connly Director Aug. 10, 2026 S 3,708 0 1 $-188,840
Satish Dhanasekaran Director May 19, 2026 A 5,007 4 0 $386,823
Kenneth Bradley Miller Director May 19, 2026 A 2,482 0 0 $0
Frank Blaise Modruson Director May 19, 2026 A 16,311 0 0 $0
Nelda J Connors Director May 19, 2026 A 4,128 0 0 $0
Michael A Smith Director May 19, 2026 A 11,646 0 0 $0
Janice M Roberts Director May 19, 2026 A 7,134 0 1 $-748,620
Ross W Manire Director May 19, 2026 A 16,759 0 0 $0
GUSTAFSSON ANDERS Director May 19, 2026 A 228,443 0 0 $0
Mary T Mcdowell Director May 19, 2026 A 1,520 0 0 $0
Richard L Keyser Director Aug. 7, 2023 P 18,980 0 0 $0
Chirantan Jitendra Desai Director May 12, 2022 A 5,985 0 0 $0
Andrew K Ludwick Director March 5, 2020 M 6,715 0 0 $0
POTTER ROBERT J Director March 26, 2015 G 1,391 0 0 $0
Christopher G Knowles Director Feb. 8, 2006 A 4,500 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 90 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
ROBO · EXCHANGE TRADED CONCEPTS TRUST 1.56% 105,424 NS July 31, 2026 N-PORT
RSPT · Invesco Exchange-Traded Fund Trust 1.39% 230,778 SH Oct. 5, 2026 Daily
ALTL · Pacer Funds Trust 1.32% 4,149 NS July 31, 2026 N-PORT
HIBL · Direxion Shares ETF Trust 0.89% 2,279 NS July 31, 2026 N-PORT
QQQJ · Invesco Exchange-Traded Fund Trust … 0.88% 27,945 SH Oct. 5, 2026 Daily
SPHB · Invesco Exchange-Traded Fund Trust … 0.83% 21,859 SH Oct. 5, 2026 Daily
LCLG · Advisors Series Trust 0.66% 2,434 NS July 31, 2026 N-PORT
PKW · Invesco Exchange-Traded Fund Trust 0.56% 24,883 SH Oct. 5, 2026 Daily
PALC · Pacer Funds Trust 0.54% 3,872 NS July 31, 2026 N-PORT
IQSM · New York Life Investments ETF Trust 0.52% 5,870 NS July 31, 2026 N-PORT
BKMC · BNY Mellon ETF Trust 0.37% 8,175 NS July 31, 2026 N-PORT
BBMC · J.P. Morgan Exchange-Traded Fund Tr… 0.31% 21,139 NS July 31, 2026 N-PORT
ISCG · iShares Trust 0.29% 8,003 SH Sept. 11, 2026 Daily
VBR · VANGUARD INDEX FUNDS 0.27% 692,130 SH Aug. 19, 2026 Daily
FXR · First Trust Exchange-Traded AlphaDE… 0.25% 6,315 NS July 31, 2026 N-PORT
ESML · iShares Trust 0.24% 19,736 SH Sept. 11, 2026 Daily
SMMD · iShares Trust 0.23% 25,525 SH Sept. 11, 2026 Daily
RSP · Invesco Exchange-Traded Fund Trust 0.22% 564,619 SH Oct. 5, 2026 Daily
DFAT · Dimensional ETF Trust 0.21% 105,624 NS July 31, 2026 N-PORT
IYJ · iShares Trust 0.21% 11,396 SH Sept. 11, 2026 Daily
IWS · iShares Trust 0.16% 71,657 SH Sept. 11, 2026 Daily
WSML · iShares Trust 0.16% 2,999 SH Sept. 11, 2026 Daily
VB · VANGUARD INDEX FUNDS 0.15% 1,089,958 SH Aug. 19, 2026 Daily
ACVF · ETF Opportunities Trust 0.13% 675 NS July 31, 2026 N-PORT
IWR · iShares Trust 0.12% 196,550 SH Sept. 11, 2026 Daily
FTEC · FIDELITY COVINGTON TRUST 0.12% 78,263 NS July 31, 2026 N-PORT
PEXL · Pacer Funds Trust 0.11% 196 NS July 31, 2026 N-PORT
VGT · VANGUARD WORLD FUND 0.10% 628,669 SH Aug. 19, 2026 Daily
XOEF · iShares Trust 0.09% 61 SH Sept. 11, 2026 Daily
QLC · FlexShares Trust 0.09% 3,136 NS July 31, 2026 N-PORT
DFAS · Dimensional ETF Trust 0.09% 46,681 NS July 31, 2026 N-PORT
DXUV · Dimensional ETF Trust 0.09% 1,617 NS July 31, 2026 N-PORT
FNX · First Trust Exchange-Traded AlphaDE… 0.08% 3,913 NS July 31, 2026 N-PORT
DFUV · Dimensional ETF Trust 0.08% 39,649 NS July 31, 2026 N-PORT
IGM · iShares Trust 0.07% 22,398 SH Sept. 11, 2026 Daily
VFVA · VANGUARD WELLINGTON FUND 0.07% 2,301 SH Aug. 19, 2026 Daily
TECL · Direxion Shares ETF Trust 0.07% 11,635 NS July 31, 2026 N-PORT
IXN · iShares Trust 0.06% 16,173 SH Sept. 11, 2026 Daily
IVE · iShares Trust 0.06% 79,052 SH Sept. 11, 2026 Daily
REVS · Columbia ETF Trust I 0.05% 598 NS July 31, 2026 N-PORT
IUSV · iShares Trust 0.05% 41,625 SH Sept. 11, 2026 Daily
DFAC · Dimensional ETF Trust 0.05% 80,221 NS July 31, 2026 N-PORT
DFSU · Dimensional ETF Trust 0.05% 3,761 NS July 31, 2026 N-PORT
EQAL · Invesco Exchange-Traded Fund Trust … 0.05% 1,021 SH Oct. 5, 2026 Daily
IUS · Invesco Exchange-Traded Self-Indexe… 0.05% 1,213 SH Oct. 5, 2026 Daily
PRF · Invesco Exchange-Traded Fund Trust 0.05% 12,281 SH Oct. 5, 2026 Daily
DSI · iShares Trust 0.05% 7,280 SH Sept. 11, 2026 Daily
TYLG · Global X Funds 0.05% 22 NS July 31, 2026 N-PORT
IWD · iShares Trust 0.04% 106,431 SH Sept. 11, 2026 Daily
VOOV · VANGUARD ADMIRAL FUNDS 0.04% 11,007 SH Aug. 19, 2026 Daily
VONV · VANGUARD SCOTTSDALE FUNDS 0.04% 28,949 SH Aug. 19, 2026 Daily
DCOR · Dimensional ETF Trust 0.04% 4,435 NS July 31, 2026 N-PORT
RECS · Columbia ETF Trust I 0.04% 6,943 NS July 31, 2026 N-PORT
SPTE · SP Funds Trust 0.03% 251 NS July 31, 2026 N-PORT
RWL · Invesco Exchange-Traded Fund Trust … 0.03% 8,561 SH Oct. 5, 2026 Daily
TOPC · iShares Trust 0.03% 31 SH Sept. 11, 2026 Daily
XVV · iShares Trust 0.03% 559 SH Sept. 11, 2026 Daily
TILT · FlexShares Trust 0.03% 2,054 NS July 31, 2026 N-PORT
PBP · Invesco Exchange-Traded Fund Trust 0.03% 284 SH Oct. 5, 2026 Daily
XYLG · Global X Funds 0.03% 55 NS July 31, 2026 N-PORT
IVV · iShares Trust 0.03% 600,185 SH Sept. 11, 2026 Daily
XRMI · Global X Funds 0.02% 42 NS July 31, 2026 N-PORT
XCLR · Global X Funds 0.02% 3 NS July 31, 2026 N-PORT
XYLD · Global X Funds 0.02% 2,653 NS July 31, 2026 N-PORT
DFAU · Dimensional ETF Trust 0.02% 10,134 NS July 31, 2026 N-PORT
IWV · iShares Trust 0.02% 13,908 SH Sept. 11, 2026 Daily
QVML · Invesco Exchange-Traded Fund Trust … 0.02% 1,065 SH Oct. 5, 2026 Daily
IWB · iShares Trust 0.02% 33,110 SH Sept. 11, 2026 Daily
CATH · Global X Funds 0.02% 1,038 NS July 31, 2026 N-PORT
IYY · iShares Trust 0.02% 2,039 SH Sept. 11, 2026 Daily
PHDG · Invesco Actively Managed Exchange-T… 0.02% 38 SH Oct. 5, 2026 Daily
PTLC · Pacer Funds Trust 0.02% 2,492 NS July 31, 2026 N-PORT
ITOT · iShares Trust 0.02% 62,151 SH Sept. 11, 2026 Daily
CHRI · Global X Funds 0.02% 6 NS July 31, 2026 N-PORT
DFUS · Dimensional ETF Trust 0.02% 14,535 NS July 31, 2026 N-PORT
VOO · VANGUARD INDEX FUNDS 0.02% 1,236,306 SH Aug. 19, 2026 Daily
VTI · VANGUARD INDEX FUNDS 0.02% 1,512,741 SH Aug. 19, 2026 Daily
VONE · VANGUARD SCOTTSDALE FUNDS 0.02% 7,915 SH Aug. 19, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.02% 4,039 SH Aug. 19, 2026 Daily
SPUU · Direxion Shares ETF Trust 0.02% 180 NS July 31, 2026 N-PORT
ESGV · VANGUARD WORLD FUND 0.02% 10,837 SH Aug. 19, 2026 Daily
QDPL · Pacer Funds Trust 0.02% 1,128 NS July 31, 2026 N-PORT
XTR · Global X Funds 0.02% 3 NS July 31, 2026 N-PORT
HCMT · Direxion Shares ETF Trust 0.02% 329 NS July 31, 2026 N-PORT
SPXL · Direxion Shares ETF Trust 0.02% 3,724 NS July 31, 2026 N-PORT
PWS · Pacer Funds Trust 0.01% 10 NS July 31, 2026 N-PORT
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.01% 41,683 SH Aug. 19, 2026 Daily
INFO · Harbor ETF Trust 0.00% 75 NS July 31, 2026 N-PORT
ISCB · iShares Trust · 2,169 SH Sept. 11, 2026 Daily
ISCV · iShares Trust · 5,109 SH Sept. 11, 2026 Daily

ZBRA Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 25 analysts BUY
Median target $420.00 +8.9%
6 24.0% Strong Buy
13 52.0% Buy
6 24.0% Hold
0 0.0% Sell
0 0.0% Strong Sell

12-Month Price Target

15 analysts · 2026-10-02

Mean target $411.45 +6.7%

Now Current price $385.78
Low$350.00 Mean$411.45 High$455.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
ZBRA $12.04B 29.7 8.3% 7.8% 11.6% 48.0%
KEYS $36.97B 37.3 8.0% 15.8% 15.5% ·
TDY $23.89B 27.4 7.9% 14.6% 8.6% ·
AEIS $7.91B 54.5 21.4% 8.2% 11.3% 37.7%
CGNX $6.01B 52.9 8.7% 11.5% 7.6% 66.9%
RAL $5.75B -4.7 -4.0% -59.1% -52.3% 50.3%
NOVT $4.24B 80.9 3.3% 5.5% 5.2% 44.4%
VNT $5.29B 13.5 3.2% 13.2% 35.4% ·
ITRI $4.17B 14.3 -3.0% 12.7% 19.4% 37.7%
MIR · 212.9 7.5% 3.1% 1.7% 47.4%
BMI $6.49B 36.4 10.9% 15.4% 20.4% 41.7%

Latest News Recent headlines mentioning this company

23

My Metrics Your personal watchlist — selected rows from Full Fundamentals

26

Pick the metrics that matter to you — click the + next to any row in Full Fundamentals above.

Your selection is saved and follows you across all tickers.

Source: SEC 10-Q filed Aug 4, 2026