Zebra Technologies Corporation (NASDAQ:ZBRA) Sees Optimistic Price Target from UBS

Zebra Technologies Corporation, listed as NASDAQ:ZBRA, is a prominent player in the technology sector, specializing in enterprise asset intelligence solutions. The company provides products and services that help businesses gain real-time visibility into their operations. Zebra competes with other tech giants in the industry, striving to maintain its market position through innovation and strategic growth.

On February 18, 2025, Damian Karas from UBS set a price target of $425 for ZBRA, suggesting a potential upside of 33.5% from its then trading price of $318.36. This optimistic outlook comes shortly after Zebra's Q4 2024 earnings call, where CEO Bill Burns and CFO Nathan Winters discussed the company's financial performance and future strategies. The call, held on February 12, 2025, included insights from analysts like Srikar Venjamuri from UBS.

Zebra's stock price has seen a recent increase, currently trading at $321.27, up by $2.91 or 0.91%. The stock has fluctuated between $316.28 and $322.14 during the day. Over the past year, ZBRA has experienced a high of $427.76 and a low of $266.75, indicating significant volatility. The company's market capitalization is approximately $16.51 billion, with a trading volume of 112,575 shares.

The Q4 2024 earnings call provided valuable insights into Zebra's financial results for the quarter and the full year. Analysts and investors, including Tommy Moll from Stephens, participated in the event, highlighting the company's strategic direction. For those interested in a deeper dive, the full transcript is available on Seeking Alpha.

Zebra Technologies Corporation (NASDAQ:ZBRA) made an announcement today, according to which it intends to acquire Matrox Imaging, a machine vision company, for $875 million using both cash and financing under its credit facility. Matrox manufactures higher-end machine vision cameras, systems and related software. The company generates around $100 million in annual sales, implying a valuation of 8.8x on EV/sales.

Zebra Technologies Corporation expects the deal to be immediately accretive to earnings given that Matrox’s gross margins are meaningfully higher than that of Zebra’s.

Analysts at Berenberg Bank believe Matrox will add around 1% to Zebra’s sales in both 2022 and 2023 with the closing of the deal expected in 2022. While Matrox will only add modestly to near-term growth, the analysts believe it creates a larger platform for Zebra to add further acquisitions and accelerate its expertise in the area.

Zebra Technologies Corporation (NASDAQ:ZBRA) made an announcement today, according to which it intends to acquire Matrox Imaging, a machine vision company, for $875 million using both cash and financing under its credit facility. Matrox manufactures higher-end machine vision cameras, systems and related software. The company generates around $100 million in annual sales, implying a valuation of 8.8x on EV/sales.

Zebra Technologies Corporation expects the deal to be immediately accretive to earnings given that Matrox’s gross margins are meaningfully higher than that of Zebra’s.

Analysts at Berenberg Bank believe Matrox will add around 1% to Zebra’s sales in both 2022 and 2023 with the closing of the deal expected in 2022. While Matrox will only add modestly to near-term growth, the analysts believe it creates a larger platform for Zebra to add further acquisitions and accelerate its expertise in the area.