Zebra Tech (ZT1A) AI Stock Analysis

Zebra Tech

(BX Swiss:ZT1A)

Rating:―N/A

Action:N/A

Date:―

No summary available

Positive Factors

Raised growth outlook and broad-based demandHigher guidance and organic growth across retail, manufacturing, healthcare and regions indicate broad customer demand. This supports durable expansion as Zebra’s asset-tracking and workflow solutions remain embedded in operational processes.

Negative Factors

Memory supply and cost exposureDependence on constrained memory components can pressure margins, limit device availability and increase execution complexity. Pricing and supplier diversification may offset the impact, but qualification and capacity risks could persist.

Zebra Tech (ZT1A) vs. iShares MSCI Switzerland ETF (EWL)

Market Cap: CHF 17.09B
Dividend Yield: ―
Average Volume (3M): 56
Price to Earnings (P/E): 33.8
Beta (1Y): 0.59
Revenue Growth: 3.74%
EPS Growth: -5.96%
Country: Switzerland
Employees: 10,700
Sector: Technology
Sector Strength: 61
Industry: Communication Equipment

Zebra Tech Business Overview & Revenue Model

Company Description

Zebra Technologies Corporation, alongside its affiliated entities, delivers enterprise asset intelligence solutions globally within the automatic identification and data capture (AIDC) sector. Operating through its Asset Intelligence & Tracking and E...

Zebra Tech Earnings Call Summary

Earnings Call Date:Aug 03, 2026(Q2-2026)|Next Earnings Date:Nov 02, 2026

Earnings Call SentimentPositive

The call communicated strong operational and financial performance with record revenue, substantial EPS and margin improvement, a raised full-year outlook, robust cash generation and active capital returns. These positives are tempered by ongoing memory supply and cost risks, a sizable one-time tariff benefit that boosted Q2 margins, and some regional/segment variability. Management laid out concrete mitigation (supplier co-planning, pricing, supplier qualification, restructuring) and continues to see broad demand and long-term growth opportunities in AI, machine vision, RFID and healthcare.

Positive Updates

Record Quarterly Revenue and Organic Growth

Total company sales > $1.5 billion, up 20.4% year-over-year and +9.2% on an organic basis, exceeding the high end of guidance.

Negative Updates

Ongoing Memory Supply and Cost Risk

Memory supply remains dynamic and potentially constraining for the back half of 2026 and into 2027; management expects memory costs to increase Q2→Q3 and is working to mitigate through pricing, supplier qualification and sourcing.

Company Guidance

Zebra raised its outlook: Q3 sales guidance of +17% to +20% (including ~10.5 points from acquisitions and FX), with adjusted EBITDA of ~22% and non‑GAAP EPS of $4.70–$4.90; full‑year sales growth is now guided to 14%–16% (a ~3‑point midpoint increase), adjusted EBITDA margin 23.5%–24%, non‑GAAP EPS $20.75–$21.25 and free cash flow of at least $1.0 billion (~100% conversion). The guide assumes full mitigation of the roughly $120 million memory headwind via pricing and other actions and reflects momentum from Q2 (sales >$1.5B, +20.4% y/y or +9.2% organic; adjusted EBITDA margin 27.7% including a $73M tariff recovery; Q2 non‑GAAP EPS $6.35, +76% y/y). Capital‑allocation and balance‑sheet metrics supporting the plan include YTD share repurchases of $568M (with ~ $150M planned in H2 to reach ~ $700M for the year), $361M YTD free cash flow, net leverage ~1.9x and $925M of credit capacity.

Zebra Tech Risk Analysis

Zebra Tech disclosed 38 risk factors in its most recent earnings report. Zebra Tech reported the most risks in the "Tech & Innovation" category.

Tech & Innovation - Risks related to the company’s reliance on technology and ability to make innovative products

Latest Risks Added

0 New Risks

Zebra Tech Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

CH:ZT1A against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ITRN	78Outperform	$1.04B	16.18	29.94%	5.72%	15.79%	15.69%
DGII	70Outperform	$2.76B	55.95	7.39%	―	20.26%	11.95%
Sector *	61Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
INSG	51Neutral	$78.76M	31.61	65.39%	―	-0.81%	-61.23%
AIOT	45Neutral	$387.91M	-21.08	-3.92%	―	15.14%	52.80%
NTGR	41Neutral	$614.25M	-15.59	-8.42%	―	-0.70%	-141.66%

* Technology Sector Average

Performance Comparison

CH:ZT1A and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
CH:ZT1A	Zebra Technologies	324.03	23.33	7.76%
DGII	Digi International	72.74	36.59	101.22%
AIOT	Powerfleet, Inc.	2.89	-2.19	-43.11%
ITRN	Ituran Location And Control	52.42	15.76	42.99%
NTGR	Netgear	22.60	-9.05	-28.59%
INSG	Inseego	4.58	-11.73	-71.92%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Zebra Tech AI Stock Analysis