William Blair analyst Brian Drab has maintained their neutral stance on ZBRA stock, giving a Hold rating today.
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Brian Drab has given his Hold rating due to a combination of factors influencing Zebra Technologies’ current financial outlook. The company’s anticipated sales growth for the fourth quarter is expected to be relatively flat, excluding contributions from recent acquisitions and currency effects. This marks a slowdown from the previous quarter’s organic growth, which saw a modest boost from the timing of orders.
Additionally, Zebra’s customers are exhibiting caution in their spending on large projects, which could impact future growth rates. Despite some regional strengths and successes in specific product areas, the company continues to face challenges such as limited large-project activity and uncertainties related to tariffs. These factors contribute to a more cautious outlook, justifying the Hold rating.
Drab covers the Industrials sector, focusing on stocks such as Thermon Group Holdings, Xometry, and Donaldson Company. According to TipRanks, Drab has an average return of 22.9% and a 65.85% success rate on recommended stocks.
In another report released today, Citi also maintained a Hold rating on the stock with a $311.00 price target.