Zebra Technologies Corporation

(NASDAQ Global Select)
Very Bullish +85

BNP Paribas raises target for Zebra Technologies stock to USD 460

πŸ“ˆ BNP Paribas raised its price target for Zebra Technologies to USD 460 on October 15, 2026.

πŸ’° Q2 revenue reached USD 1.56 billion, up 20.40% year over year.

πŸš€ Adjusted EPS of USD 6.35 significantly beat the consensus estimate of USD 4.36.

πŸ“… Third-quarter results are scheduled for release on November 3, 2026.

🎯 Q3 adjusted EPS guidance is set between USD 4.70 and USD 4.90.

πŸ’Ό Market capitalization stands at USD 17.5 billion as of October 16, 2026.

πŸ“Š KeyCorp and Needham also recently raised their price targets for the stock.

🏒 Zebra Technologies operates in the Technology/Communication Equipment sector.

Bullish Signals
  • BNP Paribas raised its price target to USD 460, up from USD 455, signaling strong institutional confidence.
  • Second-quarter revenue surged 20.40% year over year to reach USD 1.56 billion.
  • Adjusted earnings per share of USD 6.35 vastly exceeded the consensus estimate of USD 4.36.
  • Multiple analysts including KeyCorp and Needham have recently increased their price targets for the stock.
  • The company provided forward guidance for Q3 EPS between USD 4.70 and USD 4.90, supporting continued growth expectations.
Full Analysis
BNP Paribas raised its price target for Zebra Technologies to USD 460 on October 15, 2026, following a strong second-quarter performance. The company reported Q2 revenue of USD 1.56 billion, representing a 20.40% year-over-year increase, and adjusted earnings per share of USD 6.35, significantly beating the consensus estimate of USD 4.36. Analysts at KeyCorp and Needham have also recently increased their price targets for Zebra Technologies, reflecting broad institutional confidence in the company's growth trajectory. The stock currently trades near the upper end of its 52-week range, with a market capitalization of approximately USD 17.5 billion as of mid-October 2026. Zebra Technologies is scheduled to release its third-quarter 2026 results on November 3, 2026, ahead of the US market open. Management has provided guidance for Q3 adjusted EPS between USD 4.70 and USD 4.90, along with a fiscal-year 2026 EPS range of USD 20.75 to USD 21.25, which analysts view as critical for sustaining the current bullish sentiment. The company operates within the Technology sector, specifically Communication Equipment, and continues to be closely watched by investors for its ability to maintain high growth rates and earnings expectations in a competitive market environment.