Truist Maintains Hold on Zebra Technologies (ZBRA) While Lowering PT Amid Scrutiny of 2026 Demand

Zebra Technologies Corporation (NASDAQ:ZBRA) is 1 of the best NASDAQ stocks to bargain successful 2026. On December 18, Truist expert Jamie Cook lowered the firm’s terms people connected Zebra Technologies to $291 from $331 with a Hold rating. In a 2026 assemblage preview, the steadfast maintained a penchant for Transmission, Distribution, and Power Generation owed to information halfway and AI demand, though it warned that investors volition scrutinize backlog maturation for signs of peaking demand.

The operation assemblage is viewed arsenic a agleam spot, supported by the extremity of inventory destocking and Deere’s forecast of 10% maturation successful its Construction & Forestry division. Additionally, portion North American motortruck orders are presently astatine a cyclical low, the steadfast expects a betterment passim 2026 arsenic customers pre-buy vehicles up of the EPA 2027 regulatory changes.

In Q3 2025, Zebra Technologies Corporation (NASDAQ:ZBRA) reported a 5% year-over-year gross summation to $1.3 billion. The institution achieved a non-GAAP diluted EPS of $3.88, which was an 11% summation that exceeded the precocious extremity of its erstwhile outlook. Growth was uneven crossed Zebra’s concern segments and geographies. The Asset Intelligence & Tracking conception surged by 11%, driven by beardown request for RFID and printing technologies. In contrast, the Enterprise Visibility & Mobility conception grew by a humble 2%, arsenic double-digit gains successful mobile computing were partially offset by a diminution successful information seizure owed to a hard year-over-year comparison.

Looking toward the extremity of the year, Zebra Technologies Corporation (NASDAQ:ZBRA) forecasts income maturation betwixt 8% and 11% with a non-GAAP diluted EPS of $4.20 to $4.40. For the afloat twelvemonth 2025, the institution expects astir 8% income maturation and an adjusted EPS of astir $15.80, which would people a 17% summation implicit the anterior year.

Zebra Technologies Corporation (NASDAQ:ZBRA), unneurotic with its subsidiaries, provides endeavor plus quality solutions successful the automatic recognition and information seizure solutions manufacture worldwide. It has 2 segments: Asset Intelligence & Tracking, and Enterprise Visibility & Mobility.

While we admit the imaginable of ZBRA arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.