We present a transparent and flexible optoelectronic material composed of vertically aligned ZnO NWs grown on reduced graphene/PDMS substrates. Large-area reduced graphene films were prepared on PDMS substrates by chemical exfoliation from natural graphitevia oxidative aqueous dispersion and subsequent thermal reduction. ZnO NWs were hydrothermally grown on the reduced graphene film substrate and maintained their structural uniformity even in highly deformed states. The electrical contact between semiconducting ZnO NWs and the metallic graphene film was straightforwardly measured by electric force microscopy (EFM). It shows a typical metal–semiconductor ohmic contact without a contact barrier. Owing to the mechanical flexibility, transparency, and low contact barrier, the ZnO NWs/graphene hybrids show excellent field emission properties. Low turn-on field values of 2.0 V μm−1, 2.4 V μm−1, and 2.8 V μm−1 were measured for convex, flat, and concave deformations, respectively. Such variation of field emission properties were attributed to the modification of ZnO NWs emitter density upon mechanical deformation.