Motorola Solutions

MSI · NYSE

$463.46+$4.56 (+0.99%)TodayMarket closed · Oct 20, 6:30 PM ET

Prev close $458.90

MSI analyst rating

BuyConsensus of 7 analysts over the last 12 months. 100% rate it a buy.

Strong buy0
Buy7
Hold0
Underperform0
Sell0

12-month price target · 14 analysts

Average $527.69 (+13.9% upside)

Low: $434.30
Now: $463.46
High: $577.50

Upgrades and downgrades

The latest rating actions, newest first

MSI analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Piper Sandler	Sep 22, 2026	Maintains	Overweight	$530.00 → $531.00	51%
Evercore ISI Group	Aug 26, 2026	Maintains	Outperform	$525.00 → $550.00	65%
Truist Securities	Aug 7, 2026	Maintains	Buy	$525.00 → $545.00	58%
JP Morgan	Aug 6, 2026	Maintains	Overweight	$525.00 → $545.00	58%
UBS	Aug 6, 2026	Maintains	Buy	$510.00 → $520.00	73%
Piper Sandler	Aug 6, 2026	Maintains	Overweight	$503.00 → $530.00	51%
Barclays	Aug 6, 2026	Maintains	Overweight	$509.00 → $529.00	58%
Barclays	May 11, 2026	Maintains	Overweight	$506.00 → $509.00	58%
Truist Securities	May 8, 2026	Maintains	Buy	$540.00 → $525.00	58%
Piper Sandler	May 8, 2026	Maintains	Overweight	$499.00 → $503.00	51%

The case for and against

Updated Aug 2, 2026

Bull case

Motorola Solutions is seeing strong demand for its products, bookings grew 26% year over year and their backlog increased by 7%. Adding to that, the company has a stable customer base and is well-positioned in the public safety sector, which is less affected by market concerns. As a result, the analyst has an Overweight rating and a price target of $503, based on a 20x EV/CY27E EBITDA of $4.6B. With multiple catalysts ahead and a strong outlook, the analyst maintains their positive outlook on Motorola Solutions.

Bear case

Motorola Solutions is facing a slowdown in its Software & Services bookings, despite overall orders growing 38% year over year. This was offset by strong performance in Product bookings, driven by growth in Command Center and acquisitions such as Silvus and Video. However, the company is facing challenges such as lower gross margin due to product mix and external factors like tariffs and memory pricing, which may impact its earnings and cash flow in the future.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.