Zebra Technologies Corporation

(NASDAQ Global Select)
Back to all articles
Bullish +75

BNP Paribas lifts Zebra Technologies stock target to USD 460

Analyst upgrade AI-generated analysis

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

πŸ’° Second-quarter revenue reached USD 1.56 billion, marking a 20.40% year-over-year increase driven by strong demand.

πŸ“Š Adjusted earnings per share hit USD 6.35, significantly surpassing the USD 4.36 consensus estimate from MarketBeat.

πŸ’Ή Net income for the quarter was USD 233.00 million, resulting in a healthy 15.00% net margin.

πŸ“… The company is scheduled to report third-quarter results on November 3, 2026, before the market opens.

πŸ”­ Analysts expect Q3 earnings per share of USD 4.89 and revenue of USD 1.57 billion for the upcoming quarter.

🏦 Citigroup raised its target to USD 400 on October 12, 2026, adding to recent bullish analyst sentiment.

πŸ“ˆ Zebra Technologies trades in the Technology / Communication Equipment sector with a focus on sustained profitability.

🌍 The stock was trading at EUR 335.00 on October 20, 2026, according to Lang & Schwarz data.

Bullish Signals
  • BNP Paribas raised its price target to USD 460 on October 15, 2026, maintaining a positive view following strong Q2 results.
  • Second-quarter revenue surged to USD 1.56 billion, representing a 20.40% year-over-year increase.
  • Adjusted earnings per share reached USD 6.35, significantly beating the USD 4.36 consensus estimate.
  • Net income of USD 233.00 million achieved a 15.00% net margin in the second quarter of 2026.
  • Citigroup raised its target to USD 400 on October 12, 2026, reinforcing positive analyst sentiment.
Full Analysis
BNP Paribas raised its price target for Zebra Technologies to USD 460 on October 15, 2026, maintaining a positive view following the company's strong second-quarter performance. The analyst upgrade reflects confidence in the earnings base established by recent results, with the stock trading around EUR 335.00 at the time of reporting. Zebra Technologies reported robust financials for the second quarter of 2026, posting revenue of USD 1.56 billion, which represents a 20.40% year-over-year increase. Adjusted earnings per share reached USD 6.35, significantly beating the consensus estimate of USD 4.36, while net income totaled USD 233.00 million with a net margin of 15.00%. Market attention now focuses on whether this revenue growth can sustain profitability in the upcoming third quarter, which is scheduled to be reported on November 3, 2026. Analysts expect earnings per share of USD 4.89 and revenue of USD 1.57 billion for the period, setting a clear benchmark for the company's continued expansion. Recent analyst activity highlights growing institutional interest, with Citigroup also raising its target to USD 400 in early October. These developments underscore Zebra Technologies' position as a key player in the communication equipment sector, driven by strong demand and solid operational execution.