Zebra Technologies (NASDAQ:ZBRA) has been on a rollercoaster. Its shareholders have enjoyed a 14% compounded annual growth rate over the last five years. Various investors have adjusted their positions, with some decreasing and others increasing or initiating new ones. Despite intermittent suggestions to avoid the stock, it has displayed resilience, with improving outlooks and robust fundamentals, aiming high. It has repeatedly hit new 52-week highs, with the highest being $325.19. Though some argue that ZBRA’s mixed fundamentals could impact current share momentum, a Wall Street analyst thinks it is heading to $312. Even as the company’s Q1 earnings and revenues decline year on year, the stock continued to gain. While some shareholders sold their positions, its price target has been raised multiple times, hitting a peak forecast of $380.00. However, the stock experienced an 11.5% loss last month and just recently a 7.6% weekly dip. Realizing new products, ZBRA introduced a mobile payment solution and a new mobile computer. Nevertheless, future performance may be affected by lower demand, as hinted in the Q4 earnings forecast. Still, many still retain belief in its portfolio, with suggestions that it's a good time to buy, despite insider selling and a sharp decline in Q4 sales and earnings.
ZBRA partners with Ivanti Wavelink, but had a bumpy ride with significant shares being sold or bought by various investment groups, as it faced soft demand and visibility challenges.
Zebra Technologies Stocks ZBRA News Analytics from Tue, 01 Aug 2023 07:00:00 GMT to Thu, 23 May 2024 20:33:37 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor -3
