Zebra Technologies Corporation ($ZBRA) Stock Forecast: Down 5.4% Today

What is Zebra Technologies Corporation?

Zebra Technologies (ZBRA) is a prominent player in the retail store printer market and recently saw a significant decline in its stock price.

Why is Zebra Technologies Corporation going down?

ZBRA stock is down 5.4% on Aug 8, 2024 13:45

• The release of a market report on the European retail store printer market for 2024 could suggest potential challenges or increased competition for Zebra Technologies.
• The report highlighted the presence of competitors like Bixolon, Brother, Epson, and others, possibly causing concerns among investors regarding Zebra's market share and future growth prospects.
• This development likely contributed to the heightened selling pressure on ZBRA stock as investors reconsidered the company's standing in the retail store printer market, leading to the bearish movement witnessed today.

ZBRA Price Chart

ZBRA News

Research and Markets: Europe Retail Store Printer Market Report 2024, Featuring Bixolon, Brother, Citizen, Custom, Diebold Nixdorf, Epson, NCR, Seiko, Sewoo, SNBC, Star, Sunmi, Toshiba, Urovo, Woosim and Zebra Technologies - ResearchAndMarkets.com

The "Europe Retail Store Printer Market 2024" report has been added to ResearchAndMarkets.com''s offering. The Europe Retail Store Printer Market 2024 Report provides an in-depth analysis of the re…

https://www.finanznachrichten.de/nachrichten-2024-08/62922892-research-and-markets-europe-retail-store-printer-market-report-2024-featuring-bixolon-brother-citizen-custom-diebold-nixdorf-epson-ncr-seiko-004.htm

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Zebra Technologies Corporation Price History

15.01.2024 - ZBRA Stock was up 12.0%

• Despite a decline in net sales for the fourth quarter of FY23, Zebra Technologies surpassed consensus expectations.
• The adjusted EPS outperformed consensus estimates, potentially contributing to the bullish movement.
• Zebra Technologies expressed optimism regarding signs of business stabilization, hinting at favorable prospects ahead.
• The overall positive market sentiment, as evidenced by the Dow Jones index and other stocks moving higher, may have influenced the bullish movement of ZBRA.

26.03.2024 - ZBRA Stock was up 5.7%

• ZBRA saw an increase in its Relative Strength (RS) Rating from 68 to 78, signaling improved performance within its industry.
• The robotics field is undergoing significant growth and investment, with an estimated market value of $95.93 billion by 2029.
• The uptrend in ZBRA's stock could be linked to the positive sentiment surrounding technology stocks and the company's strong position in the expanding robotics sector.
• Market interest in ZBRA may be driven by its potential for growth and innovation in industrial automation, attracting investors and boosting its stock price.

25.03.2024 - ZBRA Stock was up 5.3%

• The robotics industry is expected to grow at a steady pace with a CAGR of 15.91%, creating a positive market landscape for companies like ZBRA.
• Growing demand for robotics solutions and notable investments in the industry are fueling the growth of companies within this sector, potentially benefiting ZBRA's stock performance.
• Given the push to capitalize on technological advancements and the expanding robotics market, ZBRA's strong position in the industry likely contributed to its recent positive movement.

13.01.2024 - ZBRA Stock was down 5.0%

• 1. ZBRA experienced a downward movement in the market.
• 2. The weakness observed in the Enterprise Visibility & Mobility segment may have contributed to this decline.
• 3. Currency-related challenges may have also influenced the negative market trend for ZBRA.
• 4. Investors are awaiting the upcoming Q4 earnings release for further details on the company's performance and its potential effect on the stock price.

15.01.2024 - ZBRA Stock was up 12.9%

• In the fourth quarter of FY23, Zebra Technologies witnessed a decline of 32.9% in net sales compared to the previous year. However, the company managed to surpass the expectations of experts.
• Zebra Technologies achieved an adjusted EPS of $1.71, which was higher than the estimated EPS of $1.66.
• The encouraging earnings report, along with indications of stabilizing business activity, played a role in the upward movement of ZBRA's stock price.

15.01.2024 - ZBRA Stock was up 15.0%

• Despite facing challenges in Q4 2023, including lower sales and net profit, Zebra Technologies' stock demonstrated bullish movement.
• Zebra Technologies provided robust guidance for Q1 and the full-year 2024, surpassing analysts' expectations.
• The company's efforts to reduce costs and drive net expense savings may have contributed to positive investor sentiment.
• Although the Enterprise Visibility & Mobility segment experienced weakness and forex issues were anticipated to affect Q4 performance, the stock still exhibited bullish movement.

16.01.2024 - ZBRA Stock was up 12.0%

• The company reported a decline in Q4 sales but exceeded expectations in terms of net sales and adjusted EPS. This positive performance may have contributed to the bullish movement.
• The stock price rose as signs of improvement in order activity emerged, indicating potential business prospects for the company.
• Despite the decline in Q4 revenues, the market may have reacted favorably to the fact that the decline was not as severe as anticipated, considering the challenges in end markets and distributor destocking.
• Overall, today's market movement for ZBRA suggests investor optimism regarding the company's performance and potential for improvement.

15.01.2024 - ZBRA Stock was up 12.0%

• Zebra Technologies revealed a decline in sales and net profit during the fourth quarter of 2023.
• Despite the decline, the company surpassed expectations for Q4 profit.
• Zebra Technologies provided optimistic guidance for the first quarter of 2024, surpassing analysts' predictions and indicating a positive outlook for growth.
• Additionally, the company announced an expansion of its cost reduction plans, targeting annualized net expense savings of $120 million.
• Overall, Zebra Technologies' stock witnessed a strong bullish movement, potentially driven by its ability to exceed profit estimates, positive growth guidance, and the implementation of cost reduction plans.

30.06.2024 - ZBRA Stock was up 11.8%

• Zebra Technologies (ZBRA) saw a rise in stock value today due to:
• Surpassing second-quarter expectations and elevating the full-year forecast, demonstrating impressive performance and growth forecasts.
• Strong demand for services, software, and RFID products leading to favorable earnings.
• CEO Bill Burns' appointment to Oshkosh Corporation's Board of Directors, indicating strong leadership and potential collaborations.
• Despite challenges in the printing end market, positive overall prospects and strategic decisions fueled the optimistic market sentiment.

30.06.2024 - ZBRA Stock was up 6.2%

• Zebra Technologies reported robust Q2 2024 earnings, with EPS of $3.18 exceeding analyst predictions and revenue reaching $1.22 billion, beating expectations.
• The strong earnings report, along with an improved full-year forecast, likely drove the bullish movement in ZBRA stock.
• The company's better-than-expected financial performance and increased demand recovery demonstrated its resilience and growth potential, bolstering investor confidence.
• Zebra Technologies' emphasis on enterprise asset intelligence solutions and ability to outperform market expectations may have attracted more investors, fueling the bullish market trend.

08.07.2024 - ZBRA Stock was down 5.4%

• The release of a market report on the European retail store printer market for 2024 could suggest potential challenges or increased competition for Zebra Technologies.
• The report highlighted the presence of competitors like Bixolon, Brother, Epson, and others, possibly causing concerns among investors regarding Zebra's market share and future growth prospects.
• This development likely contributed to the heightened selling pressure on ZBRA stock as investors reconsidered the company's standing in the retail store printer market, leading to the bearish movement witnessed today.

02.07.2024 - ZBRA Stock was down 5.2%

• The positive outlook expressed by Zebra Technologies CEO on consumer spending and future growth in the second quarter did not boost market confidence today.
• Despite exceeding analyst estimates and establishing bullish targets, the stock witnessed a bearish trend, potentially influenced by profit-taking or broader market conditions.
• An optimistic perspective by Truist regarding Zebra Technologies' margin performance did not shield the stock from downward pressure, suggesting that investors may have reacted to other market factors.
• Following mixed results in the earnings call, where Zebra Technologies upgraded its full-year outlook but mentioned softness in the manufacturing industry, the bearish movement might have been fueled by investor concerns regarding future earnings.