Zebra Technologies Shares Drop Following Q3 Miss; Warns On Near-Term Challenges
Zebra Technologies Corp (NASDAQ:ZBRA) reported a third-quarter FY22 net sales decline of 4% year-on-year to $1.38 billion, missing the consensus…
Zebra Technologies Q3 EPS $4.12 Misses $4.54 Estimate, Sales $1.38B Miss $1.48B Estimate
Zebra Technologies (NASDAQ:ZBRA) reported quarterly earnings of $4.12 per share which missed the analyst consensus estimate of $4.54 by 9.25 percent. This is a 9.45 percent decrease over earnings of $4.55 per share from
4 Analysts Have This to Say About Zebra Technologies
Over the past 3 months, 4 analysts have published their opinion on Zebra Technologies (NASDAQ:ZBRA) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.
Analyst Ratings for Zebra Technologies
Analysts have provided the following ratings for Zebra Technologies (NASDAQ:ZBRA) within the last quarter:
Short Sellers Are Ramping Up Their Bets Against Tech Stocks: Analyst Says This May Be A ‘Bear Rally’
The technology sector has taken quite a hit so far in 2022 as investors bet that rising interest rates could weigh on tech stock growth rates. Tech short sellers have done fairly well so far this year, but a new report by S3 Partners analyst Ihor Dusaniwsky suggests short sellers expect more weakness ahead for tech stocks.
UBS Maintains Buy on Zebra Technologies, Lowers Price Target to $495
UBS analyst Damian Karas maintains Zebra Technologies (NASDAQ:ZBRA) with a Buy and lowers the price target from $510 to $495.
PayPal To $120? Here Are 5 Other Price Target Changes For Wednesday
Wedbush raised the price target on Starbucks Corporation (NASDAQ: SBUX) from $81 to $86. However, Wedbush analyst Nick Seytan maintained the stock with a Neutral. Starbucks shares rose 1.5% to $85.00 in pre-market trading.
Why Applied DNA Sciences Is Trading Higher By 166%, Here Are 75 Stocks Moving In Tuesday’s Mid-Day Session
Gainers
AMTD IDEA Group (NYSE: AMTD) shares jumped 284% to $8.00 after jumping 18% on Monday. The company owns 90%+ of AMTD Digital.
Zebra Technologies Q2 Margins Shrink Due To Supply Chain Crisis, Issues Below Par Outlook
Zebra Technologies Corp (NASDAQ:ZBRA) reported second-quarter FY22 net sales growth of 6.6% year-on-year to $1.47 billion, beating the consensus of $1.44…