Stock AnalizZebra Technologies Corp. ZBRA
Industrial Machinery/Components · IPO 1991 · data as of November 13, 2026
Zebra Technologies Corp. (ZBRA) is a industrial company listed in the US with a market value of about $15.3B. In the twelve months to October 3, 2026 it had revenue of $6.1B and net income of $602M, a net margin of 9.8%.
Its overall Stock Analiz score is 2.4 out of 5 (weak). The strongest part is financial health (4/5); the weakest is track record (1/5).
Key numbers: a P/E of 26.1, a price to free cash flow of 15.4, 5-year revenue growth of 4% a year, a 5-year average ROIC of 11%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 5% below the current price.
Score: 2.4 / 5
Checks passed
- P/E below the industry median
- P/FCF below 20
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- Profitable 5 years in a row
- Positive free cash flow
- Interest covered more than 5 times
- Debt below 3 years of free cash flow
Checks not passed
- P/E below 25
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- 5-year EPS growth above 10% a year
- 5-year revenue growth above 8% a year
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.1B | $5.4B | $5.0B | $4.6B | $5.8B | $5.6B | $4.4B | $4.5B | $4.2B | $3.7B | $3.6B |
| Net income | $602M | $419M | $528M | $296M | $463M | $837M | $504M | $544M | $421M | $17M | -$137M |
| Free cash flow | $988M | $831M | $954M | -$91M | $413M | $1.0B | $895M | $624M | $721M | $428M | $303M |
| EPS (diluted) | $12.40 | $8.18 | $10.18 | $5.72 | $8.80 | $15.52 | $9.35 | $9.97 | $7.76 | $0.32 | $-2.65 |
| Net margin | 9.8% | 7.8% | 10.6% | 6.5% | 8.0% | 14.9% | 11.3% | 12.1% | 10.0% | 0.5% | -3.8% |
| ROIC | — | 8.3% | 10.3% | 7.8% | 9.1% | 20.5% | 16.5% | 19.4% | 16.1% | 8.3% | 1.8% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 16 analysts is $411.49, 27% above the current price; targets range from $350.00 to $455.00; the consensus rating is “Buy”; expected EPS is $21.31 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Zebra Technologies’s P/E ratio?
About 26.1, based on the last twelve months of diluted earnings per share (forward P/E about 15.0).
Is Zebra Technologies stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 5% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Zebra Technologies pay a dividend?
Not currently.
Is Zebra Technologies a good stock to buy?
We do not give buy or sell advice. Zebra Technologies scores 2.4 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.