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Campaigns / Spruce Point Capital → Zebra Technologies Corp.
Spruce Point Capital vs. Zebra Technologies Corp.

Zebra Technologies Corp. · ZBRA

1 deck published between 2024-08-08 and 2024-08-08 — 109 pages, 109 analysed slides total.

initial thesis

Timeline

Each deck in chronological order — click to open. This is the story of the campaign as it unfolded.

  1. 2024-08-08 initial thesis

    2024 08 66b4bfe7610a7749f28c37ef_zbra_research_thesis_8 8 2024

    109pp · full_deck

    Zebra's hardware growth is stalling, its accounting and governance are riddled with red flags, and a sum-of-parts valuation implies 65-80% downside to $63-$110 per share.