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

Motorola Solutions (NYSE:MSI) issued an update on its third quarter 2026 earnings guidance on Wednesday. The company provided EPS guidance of 4.390-4.440 for the period, compared to the consensus EPS 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 Performance

Shares of NYSE:MSI traded up $37.02 during trading on Thursday, hitting $475.16. The company’s stock had a trading volume of 1,897,952 shares, compared to its average volume of 1,102,792. The company has a 50-day moving average of $415.73 and a 200-day moving average of $428.13. The company has a debt-to-equity ratio of 3.28, a current ratio of 1.07 and a quick ratio of 0.86. The firm has a market cap of $78.88 billion, a price-to-earnings ratio of 38.29, a P/E/G ratio of 3.08 and a beta of 0.87. Motorola Solutions has a 12 month low of $359.36 and a 12 month high of $493.57.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Wednesday, August 5th. The communications equipment provider reported $4.41 earnings per share for the quarter, topping the consensus estimate of $3.85 by $0.56. The business had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a net margin of 17.61% and a return on equity of 100.13%. The company’s quarterly revenue was up 13.3% on a year-over-year basis. During the same period last year, the firm earned $3.57 earnings per share. 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, sell-side analysts expect that Motorola Solutions will post 15.19 earnings per share for the current year.

Motorola Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, June 17th were paid a $1.21 dividend. The ex-dividend date of this dividend was Wednesday, June 17th. This represents a $4.84 dividend on an annualized basis and a yield of 1.0%. Motorola Solutions’s payout ratio is presently 39.00%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on MSI shares. Barclays upped their price target on shares of Motorola Solutions from $509.00 to $529.00 and gave the company an “overweight” rating in a research note on Thursday. Bank of America reaffirmed a “buy” rating on shares of Motorola Solutions in a report on Thursday. Weiss Ratings cut Motorola Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, July 23rd. Zacks Research raised Motorola Solutions from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. Finally, Evercore reissued an “outperform” rating on shares of Motorola Solutions in a research report on Monday, June 1st. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Motorola Solutions presently has an average rating of “Buy” and a consensus target price of $514.44.

Key Motorola Solutions News

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

• Positive Sentiment: Q2 earnings and revenue beat estimates: Adjusted EPS was $4.41, versus the $3.85–$3.86 consensus, while revenue rose 13.3% year over year to $3.13 billion, ahead of approximately $3.0 billion expected. Motorola Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Higher 2026 guidance: MSI now expects about $13.0 billion in revenue and adjusted EPS of $17.62–$17.72, above prior guidance and consensus EPS of $16.61. Management cited sustained demand from public-safety customers. Motorola Solutions Lifts Annual Guidance
• Positive Sentiment: Record backlog supports visibility: Backlog reached $15.6 billion, up 11% year over year, indicating strong orders and revenue potential heading into the second half of the year.
• Positive Sentiment: Analyst price-target increases: JPMorgan raised its target from $525 to $545 and Piper Sandler increased its target from $503 to $530; both maintain an “overweight” rating. The revisions signal confidence that earnings growth can support additional upside.
• Positive Sentiment: Strategic acquisition: MSI agreed to acquire counter-drone technology company D-Fend for $1.5 billion, potentially expanding its public-safety and security offerings.
• Neutral Sentiment: Q3 outlook was mixed: Adjusted EPS guidance of $4.39–$4.44 exceeded the $4.34 consensus, but projected revenue of roughly $3.2 billion was below the approximately $3.3 billion analyst estimate.
• Negative Sentiment: Insider selling remains a risk signal: Reported insider transactions over the past six months included 65 sales and no purchases, including substantial sales by CEO Gregory Q. Brown. These transactions may reflect scheduled or personal selling, but could temper sentiment.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of MSI. Orbis Allan Gray Ltd raised its position in Motorola Solutions by 95.6% during the 4th quarter. Orbis Allan Gray Ltd now owns 1,283,065 shares of the communications equipment provider’s stock valued at $491,824,000 after purchasing an additional 627,066 shares in the last quarter. Stifel Financial Corp increased its stake in shares of Motorola Solutions by 576.0% during the fourth quarter. Stifel Financial Corp now owns 708,083 shares of the communications equipment provider’s stock valued at $271,429,000 after buying an additional 603,330 shares during the period. Voloridge Investment Management LLC bought a new stake in shares of Motorola Solutions in the fourth quarter valued at about $217,494,000. FIL Ltd lifted its stake in Motorola Solutions by 4,412.7% in the fourth quarter. FIL Ltd now owns 570,228 shares of the communications equipment provider’s stock worth $218,580,000 after acquiring an additional 557,592 shares during the period. Finally, Van ECK Associates Corp increased its position in Motorola Solutions by 2,240,238.1% during the 4th quarter. Van ECK Associates Corp now owns 470,471 shares of the communications equipment provider’s stock valued at $180,341,000 after purchasing an additional 470,450 shares during the period. Institutional investors own 84.17% of the company’s stock.

About Motorola Solutions

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.