Zebra Technologies Corporation

(NASDAQ Global Select)
Bullish +65

BNP Paribas lifts 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“Š Citi increased its target to USD 400.00 on October 12, 2026, maintaining a Buy rating.

πŸ’° Second-quarter revenue reached USD 1.557 billion, up 20.40% year over year for the period ended July 4, 2026.

πŸ“‰ Net income grew to USD 233 million with diluted GAAP earnings per share of USD 4.85.

πŸ“… Zebra Technologies is scheduled to report third-quarter 2026 results on November 3, 2026.

πŸ“ˆ The stock closed at USD 386.45 on October 23, 2026, near its 52-week high of USD 392.78.

πŸ’Ό Market capitalization stood at USD 18.3 billion as of October 23, 2026.

Bullish Signals
  • BNP Paribas raised its price target to USD 460 on October 15, 2026, reflecting improved analyst sentiment.
  • Citi increased its target to USD 400.00 on October 12, 2026, while maintaining a Buy rating.
  • Second-quarter revenue surged 20.40% year over year to reach USD 1.557 billion for the period ended July 4, 2026.
  • Net income increased to USD 233 million, driving diluted GAAP earnings per share to USD 4.85.
Full Analysis
BNP Paribas raised its price target for Zebra Technologies to USD 460 on October 15, 2026, following a recent uptick in analyst sentiment. This adjustment comes after Citi also increased its target slightly earlier in the month, signaling growing confidence in the company's trajectory ahead of its upcoming earnings report scheduled for November 3, 2026. Zebra Technologies reported strong second-quarter results ending July 4, 2026, with revenue reaching USD 1.557 billion, representing a significant 20.40% year-over-year increase. Net income climbed to USD 233 million, resulting in diluted GAAP earnings per share of USD 4.85. The stock closed at USD 386.45 on October 23, 2026, trading near its 52-week high with a market capitalization of approximately USD 18.3 billion. Analysts are now focused on whether Zebra can sustain the robust revenue growth demonstrated in the second quarter while maintaining margin expansion. The upcoming third-quarter report will be critical for validating the company's ability to continue its upward momentum and justify the elevated analyst price targets in the current market environment.