Zebra Technologies (ZBRA) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $4.95
- Estimate
- $4.91
- Surprise
- +0.9%
- Revenue (period 2026-10-03)
- $1.61B
- Score at report (before → after)
- 6.3 → 6.4/10
Revenue source: xbrl.
How the report landed
Zebra Technologies (ZBRA) beat the $4.91 estimate with adjusted EPS of $4.95 — a modest 0.9% upside surprise. TrendMatrix's engine moved from Data Issue (6.3/10) to Hold at 6.4/10 after the report.
Coverage in the report window
- Zebra Technologies Warns Memory Prices Will Keep Rising Into 2027 — benzinga, 2026-11-03
Where TrendMatrix's rating stands now
TrendMatrix currently rates ZBRA Hold at 6.4/10.
3 of the last 4 quarters beat the estimate; this quarter's +0.9% surprise compares with a +14.4% four-quarter average.
What supports the rating
- Strong earnings beat streak (3/4)
- Strong growth profile
What argues against it
- Sector modifier (Technology): -0.8
- Momentum score 4.1/10 — below 4.5 minimum
- Reward/Risk 1.3:1 at current price — below 1.5:1 minimum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $329.50
- Price target
- $373.37
- Stop
- $306.44
- Upside to target
- +13.3%
- Reward-to-risk
- 1.3:1
The stock trades at 26.6× trailing but 14.8× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 27 — a level conventionally read as oversold; trading volume is running 3.4× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-11-04 — shown for context, not personalized investment advice.
ZBRA at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Communication Equipment
- Market cap
- $15.70B
- P/E (fwd)
- 14.8
- P/E (ttm)
- 26.6
- 52-week range
- $199.05–$392.78
- Off 52-week high
- 16.1%
- RSI (14)
- 27
- Volume vs avg
- 3.44×
- Score today
- 6.4/10