Motorola Solutions, Inc. MSI
- Market cap
- $75.3B
- P/E
- 35.5×
Follow MSI
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 59.13 | 76.92 | 89.18 | 110.61 | 120.77 | 165.60 | 195.18 | 251.00 | 307.31 | 359.36 |
Analyst estimates 2026–2028 Powerpack |
Low Price
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| 87.55 | 95.30 | 133.97 | 182.28 | 187.49 | 273.65 | 275.16 | 329.83 | 507.82 | 492.22 |
High Price
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| 14,000 | 15,000 | 16,000 | 17,000 | 18,000 | 18,700 | 20,000 | 21,000 | 21,000 | 23,000 |
Employees
|
|||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
Revenue/Emp
|
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| 6,038 | 6,380 | 7,343 | 7,887 | 7,414 | 8,171 | 9,112 | 9,978 | 10,817 | 11,682 |
Revenue
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| 47.52% | 47.40% | 47.39% | 49.84% | 48.66% | 49.44% | 46.41% | 49.81% | 50.96% | 51.66% |
Gross Margin
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| 844 | 1,076 | 1,102 | 1,001 | 1,174 | 1,552 | 1,515 | 2,146 | 1,972 | 2,812 |
EBT
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| 13.98% | 16.87% | 15.01% | 12.69% | 15.83% | 18.99% | 16.63% | 21.51% | 18.23% | 24.07% |
EBT Margin
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| 560 | (155) | 969 | 871 | 953 | 1,250 | 1,367 | 1,714 | 1,582 | 2,160 |
Net Income
|
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| 295 | 343 | 360 | 394 | 409 | 438 | 440 | 356 | 336 | 425 |
Depreciation
|
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| 35.60 | 39.17 | 45.22 | 47.34 | 43.61 | 48.29 | 54.40 | 59.75 | 64.85 | 70.12 |
Revenue/Sh
|
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| 3.30 | (0.95) | 5.95 | 5.21 | 5.58 | 7.36 | 8.14 | 10.23 | 9.45 | 12.93 |
Earnings/Sh
|
|||
| 6.87 | 8.26 | 6.62 | 10.94 | 9.49 | 10.86 | 10.88 | 12.24 | 14.33 | 17.03 |
Cash Flow/Sh
|
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| (1.17) | (1.39) | (1.21) | (1.45) | (0.95) | (1.40) | (1.53) | (1.51) | (1.54) | (1.59) |
Capex/Sh
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| 5.70 | 6.87 | 5.41 | 9.50 | 8.54 | 9.46 | 9.36 | 10.72 | 12.79 | 15.44 |
Free CF/Sh
|
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| (5.61) | (10.60) | (7.86) | (4.10) | (3.18) | (0.14) | 0.78 | 4.43 | 10.31 | 14.57 |
Book Value/Sh
|
|||
| 170 | 163 | 162 | 167 | 170 | 169 | 168 | 167 | 167 | 167 |
Shares
|
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| 25.03 | 0.00 | 19.37 | 30.99 | 30.48 | 36.92 | 31.62 | 30.46 | 48.97 | 29.65 |
PE Ratio
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| 2.35 | 2.31 | 2.54 | 3.40 | 3.90 | 5.63 | 4.73 | 5.22 | 7.13 | 5.47 |
PS Ratio
|
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| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 329.12 | 70.42 | 44.85 | 26.31 |
PB Ratio
|
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| 2.91 | 2.81 | 3.10 | 3.93 | 4.43 | 6.09 | 5.25 | 5.65 | 7.49 | 6.15 |
EV/Sales
|
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| 18.14 | 16.04 | 25.91 | 19.58 | 22.61 | 31.12 | 30.51 | 31.47 | 37.95 | 27.94 |
EV/FCF
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| 1,165 | 1,346 | 1,075 | 1,823 | 1,613 | 1,837 | 1,823 | 2,044 | 2,391 | 2,837 |
Op' Cash Flow
|
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| (198) | (227) | (197) | (241) | (161) | (237) | (256) | (253) | (257) | (265) |
Capex
|
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| 967 | 1,119 | 878 | 1,582 | 1,452 | 1,600 | 1,567 | 1,791 | 2,134 | 2,572 |
FCF
|
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| 800 | 1,019 | 1,176 | 739 | 838 | 1,349 | 695 | (11) | 1,424 | 222 |
Working Cap'
|
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| 4,396 | 4,471 | 5,320 | 5,129 | 5,175 | 5,693 | 6,014 | 6,018 | 5,997 | 9,162 |
Total Debt
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| 3,366 | 3,203 | 4,063 | 4,128 | 3,921 | 3,819 | 4,689 | 4,313 | 3,895 | 7,997 |
Net Debt
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| (952) | (1,727) | (1,276) | (683) | (541) | (23) | 131 | 739 | 1,719 | 2,427 |
Sh' Equity
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| 6.66% | (1.86%) | 10.97% | 8.66% | 8.82% | 10.80% | 10.90% | 13.07% | 11.29% | 12.68% |
ROA
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| 27.13% | 54.37% | 28.14% | 28.68% | 25.57% | 27.45% | 21.54% | 28.38% | 29.93% | 17.92% |
ROIC
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| (106.87%) | 11.57% | (64.34%) | (88.62%) | (155.07%) | (441.49%) | 2,524.07% | 392.87% | 128.32% | 103.91% |
ROE
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Motorola Solutions, Inc. peers in Communication Equipment
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| LITE Lumentum Holdings Inc. | $84.7B | 0.0× | Compare |
| HPE Hewlett Packard Enterprise Company | $86.2B | 31.3× | Compare |
| NOK Nokia Corporation | $59.9B | 5.6× | Compare |
| CIEN Ciena Corporation | $51.7B | 77.3× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| UI Ubiquiti Inc. | $34.1B | 35.3× | Compare |
| ERIC Ericsson | $29.4B | 12.2× | Compare |
| ASTS AST SpaceMobile, Inc. | $24.3B | 0.0× | Compare |
| ZBRA Zebra Technologies Corporation | $17.3B | 33.6× | Compare |
MSI metrics, ten years each
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
Motorola Solutions, Inc. (MSI) key facts
- Motorola Solutions, Inc. (MSI) is a Communication Equipment company in the Technology sector, listed on the New York Stock Exchange.
- Motorola Solutions, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $11.7 billion, up 8.00% from fiscal 2024.
- Net income was $2.2 billion, or $12.93 per share (basic), a net margin of 18.4%.
- As of September 25, 2026, MSI traded at $456.88, a market capitalization of $75.3 billion.
- At that price the stock trades at 35.5× trailing-twelve-month earnings and 6.2× sales.
- Motorola Solutions, Inc. pays an annual dividend of $3.52 per share, a yield of 1.07%, with a payout ratio of 38.9%.
- Return on equity was 103.9% and debt-to-equity 3.36.
Motorola Solutions, Inc. (MSI) Latest News
23 Sep
Motorola Solutions (MSI) has traded around $456.35 since March 2026, lagging the S&P 500’s roughly 18% rise in the same period. Long-term momentum appears solid: 5-year revenue growth of 9.2% CAGR; trailing 12-month adjusted operating margin of 31.2%; free cash flow margin averaging 18.9% over five years. The stock trades at about 25.4x forward earnings. With these fundamentals and a premium multiple, investors face a buy/sell/hold question amid questions about near-term catalysts. A full, free research report is offered to weigh the decision. Positive long-run fundamentals are highlighted, but the lack of near-term catalysts and MSI’s recent underperformance suggest only a moderate impact on future performance.
21 Sep
Fenimore Asset Management added Motorola Solutions, Inc. (MSI) to its Q2 2026 portfolio, citing MSI’s public-safety and enterprise security offerings—critical communications, video security, and command-center technologies used by first responders. On Sep 18, 2026, MSI closed at $458.67 per share. In the last month, MSI declined 4.75%; in the past 52 weeks, it fell 2.71%. MSI’s market cap is about $75.9 billion. Fenimore’s note frames MSI as essential for reliable communications during emergencies. A separate piece notes a Morgan Stanley upgrade reflecting a valuation reset. MSI is not among the Hedge Funds’ 40 Most Popular Stocks, but 69 funds held it at end-Q2, up from 61. The broader market rally, driven by AI demand, provides a backdrop for MSI’s positioning. New position by Fenimore, a Morgan Stanley upgrade, and rising hedge-fund ownership signal a modest near-term sentiment lift.
19 Sep
Motorola Solutions targets growth in defense and drone security sectors as Silvus scales operations. Defense and drone security expansion via Silvus scaling signals major strategic growth for Motorola Solutions.
Motorola Solutions participates in Louisiana's statewide public safety overhaul through its communication systems and services. Louisiana public safety contract could moderately increase MSI revenue from emergency communications without altering overall trajectory.
15 Sep
Motorola Solutions secured a public safety contract in Louisiana with potential to increase revenues through expanded government services. Louisiana contract adds measurable public safety revenue but remains one regional win unlikely to shift overall trajectory.
14 Sep
Louisiana awards Motorola Solutions $139 million contract to modernize statewide public safety response systems. $139 million state contract adds notable public safety revenue for MSI without shifting overall trajectory.
5 Sep
Motorola Solutions (MSI) returns to investor focus on strategic contract wins and technology upgrades strengthening its public safety and enterprise communications segments. Contract wins and technology upgrades may moderately lift MSI financial performance and competitive stance without fundamentally altering long-term trajectory.
24 Aug
Motorola Solutions completes D-Fend buyout to bolster growth prospects. D-Fend acquisition adds capabilities that may moderately lift Motorola Solutions revenue and positioning.
21 Aug
Motorola Solutions expands drone portfolio via D-Fend deal to pursue growth. D-Fend deal adds drone capabilities that may lift product innovation and positioning without transforming overall trajectory.
20 Aug
Motorola Solutions completes acquisition of D-Fend Solutions. Completion of D-Fend Solutions acquisition adds counter-drone capabilities that expand Motorola Solutions product offerings and market reach.
UMAC benefits from favorable industry tailwinds, prompting questions on investment potential tied to Motorola Solutions (MSI) operations and outlook. Positive industry conditions for UMAC may moderately influence MSI financials and positioning without major trajectory shifts.
15 Aug
Motorola Solutions raised 2026 guidance but stock may already be fully priced. Rising guidance paired with full pricing signals limited near-term upside for MSI shares.
14 Aug
Motorola Solutions (MSI) could be undervalued by 11 percent according to valuation assessments triggered by recent bond issuance. Bond issuance supplies fresh market data points that may moderately shift MSI valuation and investor sentiment.
12 Aug
Motorola Solutions discussed Q2 2026 financial results, guidance and operations during its earnings call. Earnings call details on results and outlook directly shape investor views and valuation.
Motorola Solutions shows strong growth potential through technological leadership in mission-critical systems, expanding public safety market presence and consistent financial results that support long-term investor appeal. Positive growth outlook may moderately influence market sentiment and investor interest without major strategic shifts.
8 Aug
Motorola Solutions Q2 earnings call highlights revenue, margins, segment performance and forward guidance in public safety and enterprise markets. Quarterly earnings data and guidance typically move near-term sentiment and valuation multiples but rarely alter long-term strategy.
7 Aug
Motorola Solutions Q2 earnings beat expectations while guidance points to stronger growth ahead. Q2 earnings and raised growth guidance are likely to lift revenue forecasts and investor sentiment.
Motorola Solutions raised 2026 guidance on record backlog and buybacks, driving shares up 10 percent while investors assess whether the bull case has changed. Raising 2026 guidance amid record backlog and buybacks signals stronger future results and lifts investor sentiment.
6 Aug
Motorola Solutions stock jumps 8% after backlog reaches record high. Record backlog indicates strong future revenue visibility that can significantly lift performance and investor outlook.
Motorola Solutions reported strong Q2 results driven by a public-safety radio surprise, according to Morgan Stanley. Strong Q2 earnings beat in public-safety radios lifts Motorola Solutions' financial outlook and investor sentiment.
Motorola Solutions beat Q2 earnings estimates driven by strong demand and posted a record backlog. Q2 earnings beat and record backlog indicate robust demand that will likely lift MSI revenue trajectory and investor outlook.
Motorola Solutions posted record Q2 2026 sales and raised its outlook in the earnings call. Record sales and raised guidance signal robust growth that can lift valuation and investor sentiment.
Motorola Solutions shares rally after beating earnings expectations and issuing stronger full-year guidance. Earnings beat plus raised guidance can lift near-term sentiment and stock performance without altering long-term fundamentals.
5 Aug
Motorola Solutions stock surges after beating earnings expectations and raising its outlook. Earnings beat combined with raised outlook signals improved financial performance and can materially lift stock trajectory plus investor sentiment.
Motorola Solutions lifts annual guidance on resilient public safety demand. Guidance increase signals stronger demand and improved financial outlook.
Motorola Solutions (NYSE:MSI) exceeded Q2 CY2026 sales expectations and its stock rose sharply as a result. Quarterly sales beats typically lift near-term investor sentiment and share price without altering long-term strategy.
Motorola Solutions reported its second-quarter 2026 financial results. Quarterly financial results provide performance data that can moderately influence investor views and near-term stock movement.
31 Jul
Wall Street analysts highlight key metrics to monitor ahead of Motorola Solutions' Q2 earnings report. Q2 earnings metric guidance can shape near-term investor views and stock movement for Motorola Solutions.
29 Jul
Motorola Solutions anticipates solid overall revenue growth that could support stronger Q2 earnings performance. Revenue growth outlook may affect near-term financial results and investor sentiment for MSI without signaling major strategic shifts.
Motorola Solutions (MSI) earnings are projected to grow, raising the question of whether investors should buy the stock. Projected MSI earnings growth may moderately sway investor sentiment and near-term stock moves without major strategic shifts.