Motorola Solutions (NYSE:MSI) Releases Q3 2026 Earnings Guidance

Motorola Solutions (NYSE:MSI) updated its third quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 4.390-4.440 for the period, compared to the consensus estimate of 4.340. The company issued revenue guidance of $3.2 billion-$3.2 billion, compared to the consensus revenue estimate of $3.3 billion. Motorola Solutions also updated its FY 2026 guidance to 17.620-17.720 EPS.

Motorola Solutions Stock Down 1.3%

Shares of MSI traded down $6.33 during mid-day trading on Friday, hitting $467.74. The company’s stock had a trading volume of 964,732 shares, compared to its average volume of 1,100,093. The company’s 50-day moving average is $415.73 and its 200-day moving average is $428.13. Motorola Solutions has a 52-week low of $359.36 and a 52-week high of $493.57. The firm has a market capitalization of $77.64 billion, a price-to-earnings ratio of 36.83, a PEG ratio of 3.05 and a beta of 0.87. The company has a current ratio of 1.07, a quick ratio of 0.86 and a debt-to-equity ratio of 3.28.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Wednesday, August 5th. The communications equipment provider reported $4.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.85 by $0.56. Motorola Solutions had a net margin of 17.44% and a return on equity of 100.67%. The company had revenue of $3.13 billion for the quarter, compared to analyst estimates of $3 billion. During the same period last year, the company posted $3.57 earnings per share. Motorola Solutions’s revenue was up 13.3% compared to the same quarter last year. Motorola Solutions has set its Q3 2026 guidance at 4.390-4.440 EPS and its FY 2026 guidance at 17.620-17.720 EPS. On average, equities research analysts forecast that Motorola Solutions will post 15.19 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, June 17th were paid a dividend of $1.21 per share. This represents a $4.84 annualized dividend and a yield of 1.0%. The ex-dividend date was Wednesday, June 17th. Motorola Solutions’s payout ratio is 38.11%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on MSI shares. Bank of America reissued a “buy” rating on shares of Motorola Solutions in a report on Thursday. UBS Group upped their price objective on shares of Motorola Solutions from $510.00 to $520.00 and gave the company a “buy” rating in a report on Thursday. Wall Street Zen lowered shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Sunday, April 26th. JPMorgan Chase & Co. boosted their target price on shares of Motorola Solutions from $525.00 to $545.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, Piper Sandler upped their price target on shares of Motorola Solutions from $503.00 to $530.00 and gave the company an “overweight” rating in a research note on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $516.67.

Key Stories Impacting Motorola Solutions

Here are the key news stories impacting Motorola Solutions this week:

• Positive Sentiment: Q2 results exceeded expectations: Revenue rose 13.3% year over year to $3.13 billion, while adjusted EPS reached $4.41 versus the $3.85 consensus estimate. Growth was supported by demand for public-safety communications, software and services. Motorola Solutions lifts annual guidance on resilient public safety demand
• Positive Sentiment: Guidance was raised again: Motorola Solutions now expects approximately $12.98 billion in 2026 revenue and adjusted EPS of $17.62 to $17.72, both above prior forecasts and Wall Street expectations. Q3 EPS guidance also topped consensus, although the revenue outlook was slightly below estimates. Motorola Solutions Q2 Earnings and Guidance Signal Stronger Growth
• Positive Sentiment: Record backlog supports visibility: Backlog reached $15.6 billion, up 11% year over year, reflecting strong orders and sustained public-safety demand. The company also agreed to acquire counter-drone specialist D-Fend for $1.5 billion, expanding its security technology portfolio.
• Positive Sentiment: Analyst support increased: Truist Financial and JPMorgan each raised their price target to $545, while Piper Sandler lifted its target to $530. Truist maintained a Buy rating, and JPMorgan reiterated Overweight.
• Neutral Sentiment: Technical momentum remains favorable: MSI recently formed a “golden cross,” with its 50-day moving average moving above its 200-day average. The signal may attract momentum investors, but it does not change the company’s fundamentals. Motorola Just Flashed Golden Cross Signal
• Negative Sentiment: Premium valuation raises risk: After a 23.5% three-month advance, MSI trades at roughly 37 times earnings. Investors may demand continued double-digit growth and flawless execution to justify further gains.
• Negative Sentiment: Some cautionary factors remain: The quarter benefited from a $60 million pre-tax tariff refund, which may not recur, while the D-Fend acquisition adds integration and capital-allocation risk. Reported insider activity also showed selling without purchases over the past six months.

Institutional Investors Weigh In On Motorola Solutions

A number of institutional investors and hedge funds have recently modified their holdings of MSI. JPL Wealth Management LLC acquired a new stake in Motorola Solutions during the 3rd quarter valued at approximately $31,000. Atlas Capital Advisors Inc. acquired a new stake in shares of Motorola Solutions in the fourth quarter worth $33,000. Greenline Wealth Management LLC purchased a new position in shares of Motorola Solutions during the fourth quarter worth $56,000. WFA of San Diego LLC acquired a new position in Motorola Solutions during the second quarter valued at $59,000. Finally, Turning Point Benefit Group Inc. purchased a new stake in Motorola Solutions in the third quarter valued at $73,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Company Profile

Motorola Solutions, Inc is a provider of mission-critical communications and analytics solutions for public safety and commercial customers. The company designs, manufactures and supports a range of communications equipment and software aimed at enabling first responders, government agencies and enterprises to coordinate and operate reliably in high-pressure environments. Its offerings emphasize secure, resilient connectivity and situational awareness for organizations that require dependable voice, data and video communications.

Product lines include land mobile radio (LMR) systems and handheld and vehicle-mounted radios used by police, fire and emergency medical services; broadband push-to-talk and LTE-based solutions; command-and-control center software for incident management and records; and video security and analytics systems.