Zebra Technologies Stock Surges on Strong Earnings and Expanding AI Capabilities
• Zebra Technologies exceeded Q4 earnings expectations and provided strong guidance, driving stock price up 12% • Zebra has long leveraged AI in products like barcode scanners to read codes in challenging conditions • Zebra collaborated with Qualcomm to create an offline AI chatbot that provides advice without an internet connection • Zebra has over 50 ongoing AI projects spanning machine vision, demand forecasting, workforce planning, and more • Zebra represents an opportunity to invest in an innovation leader at a reasonable valuation of 2.8x sales or 20x forward earnings