ZBRA
Zebra TechnologiesNASDAQInformation TechnologyCommunication EquipmentSnapshot 2026-05-08
As of May 8, 2026, ZBRA has a composite score of 24.1, categorized as "mild favorable." This score is influenced by a medium confidence level of 74.8 and elevated risk, with a total risk score of 66.6. Key drivers include macroeconomic factors such as rates, growth, inflation, and labor. The analysis is provisional, reflecting recent changes in guidance and sector trends.
Price
Daily closes from AlphaVantage. Earnings/event dots are placed inline.
Factor signals
Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.
Thesis
— is this a strong company over a 1–3 year hold?Why this rank
- Direction share1.00
- Slope (norm)-0.10
- Bonus0.00
Why this rank
Trailing four: 2024-Q3, 2025-Q1, 2025-Q2, 2025-Q3
Why this rank
Watch
— has something changed worth re-reading?Why this setup
EPS estimate $4.21 → $4.20 (-0.3% / 30d). 0 raised, 5 cut, 15 covering analysts.
0 upgrades, 0 downgrades / 30d, 2 maintained. 72% of analysts rate Buy.
1 PT revisions / 30d. Avg target 8.4% above current price.
F4 · Management deep-dive — recent events, stated priorities, guidance track record
Recent 8-K events
4 material events in the last 24 months — top 4 listed below.
Stated priorities
3 priorityies extracted from earnings transcripts (as of 2026-05-08).
- 1.Increase share repurchase authorization by $1Bcapital allocationmixed44% progress
2/12: “The Board approved a $1 billion increase to the existing share repurchase authorization.”
Why this status
Newly stated in 2025-Q4. The company announced a $1 billion increase in share repurchase authorization, reflecting a strategic focus on capital allocation. However, no specific buyback activity was reported in the financials for the period, indicating limited progress in executing the buyback strategy so far.
- 2.Dispose of robotics automation solutions businessproducton track100% progressprovisional
12/15: “Zebra Technologies will dispose of its robotics automation solutions business, incurring up to $80 million in charges.”
Why this status
Newly stated in 2025-Q4. Zebra Technologies announced its decision to exit the robotics automation solutions business, expecting up to $80 million in charges. This strategic shift aims to realign resources, but the financial impact of this exit is yet to be fully realized in the reported financials.
- 3.Achieve at least $900M free cash flow in 2026othermixed65% progress
2/12: “Free cash flow is expected to be at least $900 million.”
Why this status
Newly stated in 2025-Q4. Zebra Technologies set a target for free cash flow of at least $900 million in 2026. The financials show cash from operating activities of $357 million in 2025-Q4, indicating a need for significant improvement to meet the target.
Guidance track record
Insufficient guidance history for this ticker.
Position context
— how violent might the path be while I hold it?Why this risk level
Recent vol — 30d annualized 33%; 252d 41%.
Drawdown — Max 1y −42%. Bad day move −4%.
Beta to sector ETF (XLK) — 0.06 over 1y.
Liquidity — score 100/100.
Sub-scores — vol 32/100, drawdown 17/100, beta 6/100, earnings vol —.
via XLK
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-05-08.
What changed
The most important moves since the prior daily snapshot.
- No material changes since the prior snapshot.
No material changes since the prior snapshot.
as of 2026-05-08
Management scorecard
How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.
Met or beat guidance 100% of the last 1 guided quarters · 15.6% avg surprise
What management is focused on
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
- #1
Increase share repurchase authorization by $1B
Capital allocationThe Board approved a $1 billion increase to the existing share repurchase authorization.
MixedNewly stated in 2025-Q4. The company announced a $1 billion increase in share repurchase authorization, reflecting a strategic focus on capital allocation. However, no specific buyback activity was reported in the financials for the period, indicating limited progress in executing the buyback strategy so far.
44%CEO/CFO:“The Board approved a $1 billion increase to the existing share repurchase authorization.”Press releaseSource dated 2026-02-12Stated 1 of last 8 quartersFirst seen 2026-02-12Show history (1)
- 2025-Q4Press release
“The Board approved a $1 billion increase to the existing share repurchase authorization.”
- #2
Dispose of robotics automation solutions business
ProductZebra Technologies plans to exit its robotics automation solutions business, incurring up to $80 million in charges.
On trackNewly stated in 2025-Q4. Zebra Technologies announced its decision to exit the robotics automation solutions business, expecting up to $80 million in charges. This strategic shift aims to realign resources, but the financial impact of this exit is yet to be fully realized in the reported financials.
100%CEO/CFO:“Zebra Technologies will dispose of its robotics automation solutions business, incurring up to $80 million in charges.”Multiple sourcesSource dated 2025-12-15Stated 1 of last 8 quartersFirst seen 2025-12-15provisionalShow history (1)
- 2025-Q4Multiple sources
“Zebra Technologies will dispose of its robotics automation solutions business, incurring up to $80 million in charges.”
- #3
Achieve at least $900M free cash flow in 2026
OtherZebra Technologies aims for free cash flow of at least $900 million for the fiscal year 2026.
MixedNewly stated in 2025-Q4. Zebra Technologies set a target for free cash flow of at least $900 million in 2026. The financials show cash from operating activities of $357 million in 2025-Q4, indicating a need for significant improvement to meet the target.
65%CEO/CFO:“Free cash flow is expected to be at least $900 million.”Multiple sourcesSource dated 2026-02-12Stated 1 of last 8 quartersFirst seen 2026-02-12Show history (1)
- 2025-Q4Multiple sources
“Free cash flow is expected to be at least $900 million.”
How this stock is priced
Two ways to read price: against peers in the same business, and against the company's own history.
Looks cheaper than most peers in the same business.
Cheaper than its own typical valuation.
P/E over the last 5 years
71 monthly pointsHow this compares
A side-by-side read on composite, valuation, and risk versus peers.
| Stock | Composite | Valuation | Risk |
|---|---|---|---|
ZBRA Zebra Technologies | +24 | inexpensive | elevated |
NVDA NVIDIA Corporation | +20 | full | moderate |
AAPL Apple Inc | +19 | full | moderate |
MSFT Microsoft | +27 | fair | elevated |
AVGO Broadcom | +11 | expensive | elevated |
Risk — how this stock moves
What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.
What could change this view
Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.
- If information_technology sector trend rises from +0.08 into 'improving' (>= +0.20)+5.0 pts
- If next-quarter guidance is raised (currently NEW as of 2026-02-12)+4.0 pts
- If next-quarter guidance is cut (currently NEW as of 2026-02-12)-8.0 pts
- If rates state reverses from -0.37 (negative) to +0.37 (positive)-7.3 pts
- If information_technology sector trend falls from +0.08 into 'weakening' (<= -0.20)-5.0 pts
Material updates
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
- 2026-02-122mo agoItem 2.02
Results of Operations and Financial Conditions. The information contained in this Form 8-K shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. On February 12, 2026, we announced our results of operations and financial position as of…
earnings preannouncementneutralscore 9 - 2026-02-122mo agoItem 8.01
Other Events On February 12, 2026, the Company issued a press release announcing that its Board of Directors had approved a $1.0 billion increase to the Company’s existing share repurchase authorization. The share repurchase authorization does not have a stated expiration date. The level of the Company’s repurchases depends on a number of factors, including its financial condition, capital requirements, cash flows, results of operations, future business prospects and other factors its managem…
capital allocationpositivescore 7 - 2025-12-154mo agoItem 2.06
and are incorporated by reference herein. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ZEBRA TECHNOLOGIES CORPORATION Date: December 15, 2025 By: /s/ Cristen Kogl Cristen Kogl Chief Legal Officer, General Counsel & Corporate Secretary
product or strategy shiftnegativescore 2 - 2025-12-154mo agoItem 2.05
Costs Associated with Exit or Disposal Activities. On December 9, 2025, in an effort to realign resources to efficiently support its strategic priorities, Zebra Technologies Corporation (the “Company”) determined that it would dispose or exit of its robotics automation solutions business. The Company expects to incur up to $80 million of one-time pre-tax charges, inclusive of non-cash asset impairment charges of approximately $60 million in the fourth quarter of fiscal year 2025. The actions…
product or strategy shiftnegativescore 2 - 2025-10-176mo agoItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On October 15, 2025, Joseph R. White notified Zebra Technologies Corporation of his decision to resign from his position as Chief Product & Solutions Officer to pursue another opportunity, effective November 7, 2025. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signe…
executive changeneutralscore 1
Score history
The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.