Zebra Technologies Corporation, based in Lincolnshire, Illinois, will announce its fourth-quarter 2025 earnings on Thursday, February 12, before the market opens. The company, which provides enterprise asset intelligence solutions, has a market capitalization of $13.3 billion.
Ahead of the report, analysts expect the company to post a profit of $3.52 per share on a diluted basis. This represents a decrease of 2.8% from the $3.62 per share reported in the same quarter last year. In its recent history, Zebra Technologies has exceeded Wall Street's earnings per share estimates in two of the last four quarters, while falling short in the other two.
For the full fiscal year, analysts project the company's earnings per share to reach $12.81, an increase of 8.2% from the $11.84 recorded in fiscal 2024. Looking further ahead, expectations are for earnings per share to rise by approximately 11.9% year-over-year to $14.33 in fiscal 2026.
Shares of Zebra Technologies have declined by 35.3% over the past 52 weeks. This performance lags behind the S&P 500 Index, which rose 16.7%, and the State Street Technology Select Sector SPDR ETF, which returned 25.2% during the same period.
On October 28, the company's stock dropped 11.7% despite reporting third-quarter 2025 results that beat expectations. Organic sales for that quarter increased 5.2% year-over-year to $1.3 billion, surpassing Street estimates. Adjusted earnings per share for the quarter were $3.88, also above Wall Street forecasts. However, the company's sales outlook for the fourth quarter was not well received by investors, leading to the decline in share price.
Analysts maintain a moderately bullish stance on the stock, with an overall "Moderate Buy" rating. Among the 17 analysts covering Zebra Technologies, 10 recommend a "Strong Buy," one suggests a "Moderate Buy," and six advise a "Hold." The average analyst price target is $358.21, implying a potential upside of 38.4% from current levels.