Motorola Solutions, Inc. (MSI) Stock Price & How to Invest

Motorola Solutions provides communications and software products to public safety and enterprise customers. The company's core business is land mobile radio (LMR) systems used by police, fire, and emergency medical services worldwide; Motorola Solutions has dominant share in this market. The company has expanded over the past decade through acquisitions into adjacent areas: command center software, video surveillance and analytics (Avigilon, Pelco, IPVideo, Openpath), and license plate recognition (Vigilant, Watchguard).

Video and command-center software businesses now grow faster than the legacy LMR hardware and carry higher margins. Founded in 2011 as a separation from Motorola Inc. (which split into Motorola Mobility and Motorola Solutions). Headquartered in Chicago, Illinois. Greg Brown has been CEO since the separation.

The numbers have kept compounding. Revenue rose from ~$10.8 billion in 2024 to ~$11.7 billion in 2025, and trailing revenue reached ~$12.2 billion by the quarter ended July 4, 2026, with that quarter up ~13% year over year to ~$3.13 billion. Adjusted EPS of $4.41 beat the ~$3.85 consensus, the widest of four straight beats. Trailing net income is ~$2.1 billion on a ~27% operating margin.

Public sector budget cycles can affect short-term revenue. Regulatory debates around law enforcement technology (facial recognition, predictive policing) can constrain product roadmaps. Leverage has risen: total debt stood near ~$9.6 billion against ~$710 million of cash as of July 2026, so acquisition capacity and buybacks now compete with paying that down. The valuation also leaves little cushion, at ~37x trailing earnings, and the stock's 52-week range of ~$359 to ~$495 shows it can de-rate sharply even with steady results.

11 analysts publish price targets on MSI, averaging $526.91 against a $463.15 price as of October 2026, or +13.8%. The published targets run from $476.00 to $550.00, a narrow spread, and the ratings split 12 buy, 2 hold, 0 sell. Over the last six months there have been 9 raises and 1 cut among the published actions. A price target is what an analyst published on a date, not a prediction, and sell-side ratings skew positive across the whole market.

Read the full MSI forecast and price target for the target table, the recent rating actions by firm, and how the consensus has shifted.

We give no verdict on Motorola Solutions, Inc.. Both cases are real, which is why the question is contested at all, so here is the strongest version of each.

The case for buying. Public safety video and software. Body-worn cameras, in-car video, fixed surveillance, license plate recognition, and command center software for police and fire departments. The most optimistic published target, $550.00, assumes this works close to its best case.

The case against. Public sector budget cycles can affect short-term revenue. The most pessimistic target, $476.00, is roughly what MSI is worth if this bites instead.

Read the full bull and bear case on MSI, including what would have to change to break either one. Walnut is not an investment adviser.

No. Motorola Solutions, Inc. (MSI) has not split its stock in the last 10 years. That is a statement about the window we check rather than about the company’s entire history, so an older split is possible. It also matters less than it once did: fractional shares mean a high price per share no longer keeps smaller investors out, which removed most of the practical reason to split.

A simple financial snapshot. These are approximations and refresh quarterly; for current figures see Motorola Solutions, Inc.'s investor relations page or your broker.

• Revenue (TTM): ~$12.2 billion
• Revenue growth (Q2 2026, YoY): ~13%
• Operating margin: ~27%
• Net income (TTM): ~$2.1 billion
• P/E (trailing / forward): ~37x / ~24x
• Dividend yield: ~1.1% ($4.84 a year), with steady growth
• Free cash flow (TTM): ~$2.0 billion
• Market cap: ~$77 billion

Motorola Solutions trades at ~37x trailing and ~24x forward earnings as of October 16, 2026, a premium to the broad market that rests on high recurring revenue, the dominant LMR position, and consistent execution. The stock is up ~22% in 2026 after four straight quarterly beats; analysts' mean target is ~$527. Public safety end markets are durable across economic cycles, but debt of ~$9.6 billion is higher than it was a year ago.

If you want MSI exposure as part of a larger bundle rather than directly, these ETFs hold it meaningfully. Weights are approximate and refresh quarterly.

These are the investment theses MSI naturally fits into. Each links to a full theme guide listing every other stock that belongs and the ETFs commonly used as a passive proxy.

Other names that sit close to MSI: same theme, named as a direct competitor, or held beside it in the same funds. Each entry says which. Worth a look if you are thinking about diversification within a thesis rather than concentration on one ticker.

There are three common ways to get MSI exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it (USMV, VOT), which spreads the position across many companies. Or build it into a focused thematic portfolio, so MSI sits alongside other stocks that express the same thesis.

Walnut takes the portfolio route. Describe a thesis where MSI fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.

New to this? Start with how to invest in stocks, see how to analyze a stock with AI, or compare the best AI stock analyzers.

Motorola Solutions (MSI) is a moaty public-safety franchise that pairs sticky LMR hardware with growing software and video, backed by a steadily rising dividend. In a portfolio it behaves as a defensive, dividend-growth compounder insulated from economic cycles, the lower-volatility complement to higher-growth defense names like Axon or Palantir rather than a speculative position. At ~37x trailing and ~24x forward earnings in October 2026, it is priced as a quality compounder, with third-quarter results expected in early November.

Whether MSI is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is MSI a buy or a sell?, and where the stock could go from here in the MSI stock forecast.

For income investors, whether MSI pays a dividend and how the payout looks is covered in does MSI pay a dividend? And to weigh MSI against a peer, read the full side-by-side comparisons: MSI vs LMT and MSI vs RTX.