ZBRA Stock Recent News

Weakness in the Enterprise Visibility & Mobility segment due to the soft mobile computing market and an unfavorable foreign currency movement are weighing on Zebra Technologies' (ZBRA) performance.

Zebra Technologies Corp ( ZBRA , Financial) is a leading player in the hardware industry, known for its innovative solutions that enable businesses to gain a performance edge. As of August 3, 2023, the company's stock price stands at $251.07, with a market capitalization of $12.89 billion.

Zebra Technologies faces a challenging market because of decreasing orders from the retail and logistics sectors. Despite the current downturn, Zebra is a fundamentally strong business with a history of solid profits.

Shares of Zebra Technologies Corp. traded deeply in the red Tuesday after the maker of barcode scanners slashed its revenue outlook, as weak demand trends have accelerated and are not expected to recover this year.

Despite surpassing earnings estimates, Zebra Technologies' (ZBRA) Q2 results are hurt by lower demand and reduced consumer spending. As a result, the company provides a bleak outlook for Q3 and 2023.

Citing a slowdown in demand, Zebra missed top-line estimates and offered weak guidance. The stock has struggled following a boom during the pandemic.

The Nasdaq moved lower Tuesday morning after posting strong monthly gains in July. ZoomInfo Technologies warned that its growth will slow.

Zebra Technologies (ZBRA) came out with quarterly earnings of $3.29 per share, missing the Zacks Consensus Estimate of $3.31 per share. This compares to earnings of $4.61 per share a year ago.

Large customer order deferrals in the mobile computing business within the EVM segment are likely to hurt Zebra Technologies' (ZBRA) second-quarter 2023 performance.

Bill Burns, Zebra Technologies CEO, discusses what his company is doing to incorporate AI into the business strategy.