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Zebra Technologies upgraded to Strong Buy after strong Q2 and raised full-year outlook

Analyst Insights
04 Aug 2026
Seeking Alpha
View Source
Bullish
Zebra Technologies upgraded to Strong Buy after strong Q2 and raised full-year outlook

Zebra Technologies Inc. was upgraded from Hold to Strong Buy following a strong Q2 performance that removed previous concerns about growth and catalysts. The company reported 9.2% organic sales growth, adjusted EPS of $6.35, and raised its full-year guidance for sales, margins, earnings, and free cash flow. Demand is outpacing supply, supported by pricing power, AI-enabled devices, and automation, signaling a more durable earnings outlook. Key risks remain around sustaining growth and managing supply constraints.

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