Zacks Research upgraded Zebra Technologies (NASDAQ: ZBRA) from hold to strong-buy on August 13, 2026.

The rating change follows the company’s second-quarter earnings report released on August 4, 2026. Zebra Technologies reported $1.56 billion in quarterly revenue. Non-GAAP diluted earnings reached $6.35 per share, significantly exceeding analyst estimates.

Other financial firms recently increased their price targets for the stock, including KeyCorp and Needham & Company LLC.

In separate news, insider Michael Cho sold approximately $1.3 million in company shares on August 4, 2026.