Zebra Technologies' stock soared 16.30% at the market open on Thursday, driven by a combination of better-than-expected quarterly results, strong forward-looking guidance, and a significant new capital return initiative.
The company reported fourth-quarter net sales of $1.48 billion, surpassing analyst estimates. While adjusted earnings per share met expectations, the company provided an optimistic outlook for 2026, forecasting adjusted EPS and sales growth above Wall Street consensus estimates.
Adding to the positive sentiment, Zebra Technologies announced that its board authorized an additional $1 billion for share repurchases. This move underscores the company's commitment to returning capital to shareholders, following over $580 million in buybacks executed in 2025.