ZBRA

Zebra Technologies Corporation

Technology · $17.7B market cap

Verdict

Share price

$375.86

close of Oct 3, 2026

Fair value

$185.66

Sticker Price

Payback Price

$74.26

buy price

Overpriced

ZBRA is Overpriced: at $375.86 it trades 102% above its fair value of $185.66. Its buy price (Payback Price) is $74.26, 80% below today's price. Business quality is strong: 4 of 5 key numbers clear the 10% bar.

How we valued it

Free Cash Flow. Sales grew -2% a year over the last 3 years, below the 15% we look for in a fast grower, so we value it on its free cash flow instead of an earnings forecast.

Business quality

4 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth12.2% a year✓
Equity per share growth11.5% a year✓
Sales growth12.8% a year✓
Free cash flow growth16.9% a year✓
Return on invested capital8.6%✗

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Superinvestors

2 of the investors we track hold ZBRA. In Q2 2026, 1 opened a position and 1 added. Who we track

Moves in Q2 2026

New position: Richard Pzena

Added: John Rogers

Insider activity

Since Aug 3, 2026: no open-market purchases, 2 sales worth $1.5M and 1 other filing (stock awards, tax withholding and similar). Why purchases matter

Sales

Other filings

About Zebra Technologies Corporation

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 Enterprise Visibility & Mobility segments, the company provides a comprehensive suite of products and services. Its hardware lineup includes specialized printers for…

Communication Equipment

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works