Why Zebra Technologies Stock Jumped 19.5% This Morning

▤ Summary

Zebra Technologies shares jumped as much as 19.5% after the company reported stronger-than-expected Q1 2026 results and raised its guidance. Net sales rose 14.3% to $1.50 billion and adjusted EPS increased to $4.75, beating consensus estimates; management raised full-year EPS guidance to $18.30–$18.70. The company warned memory chip costs will shave gross margins next quarter but said it is already adapting to supplier shifts. Zebra repurchased $300 million of stock in Q1 and signaled more buybacks are possible, while the stock still trades at about 14x forward earnings despite double-digit growth guidance.

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Zebra Technologies

$1B+