Zebra Technologies Bridges The Gap Between Human And Robot

Zebra Technologies Corporation has exited its robotics business, selling it to Skild AI for cash and equity, aiming for integrated human-machine solutions. ZBRA is repositioning as a vertically integrated provider across retail, healthcare, and logistics, leveraging recent acquisitions and partnerships. Despite macro headwinds, especially in EMEA and Asia due to energy prices, I reiterate a Buy rating with a $327/share price target at 12.05x eFY28 EV/aEBITDA.