MSI

Motorola Solutions
D

MSI

Arincen80/100B

Motorola Solutions stock forecast 2026–2030

Analysts' average 12-month price target for Motorola Solutions is 525.17, 1.0% below the current price of 530.50. Their targets range from 476.00 to 550.00.

Of the 7 firms that rated Motorola Solutions in the past 12 months, 7 rate it buy or strong buy, 0 hold and 0 sell or strong sell (each firm at its latest rating): a Strong buy consensus.

12-month price target
525.17 USD
-1.00%

Analysts' 1-year price targets range from 476.00 to 550.00, with an average of 525.17.

Past year
1-year forecast
Strong sellStrong buy
Strong buy
7 ratings
Buy
7
Hold
0
Sell
0

12-month price target

Highest target550.00
Average target525.17
Lowest target476.00
Current price530.50

Motorola Solutions price target history

Have analysts recently raised or lowered their Motorola Solutions price target and rating?

See how analysts moved their price target

How analysts rate Motorola Solutions, month by month

7 of 7 firms rate it buy now, against 5 of 6 in December 2025.

Buy Hold Sell

Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.

Month endBuyHoldSellFirms
Nov 20267007
Oct 20267007
Sept 20267007
Aug 20267007
Jul 20267007
Jun 20267007
May 20267007
Apr 20266006
Mar 20266006
Feb 20266006
Jan 20266006
Dec 20255106

Motorola Solutions analyst upgrades, downgrades and price targets

The latest rating change came on 5 January 2026, when Piper Sandler upgraded Motorola Solutions from Neutral to Overweight. Its price target is 443.00, from 495.00. The most recent new target came from Piper Sandler on 22 September 2026: 531.00.

DateFirmRatingPrice targetChangePrice then
22 Sept 2026
Piper Sandler
Reiterated · Overweight499.00 → 531.00+6.4%461.36
26 Aug 2026
Evercore ISI
Reiterated · Outperform525.00 → 550.00+4.8%483.55

Motorola Solutions EPS and revenue estimates

Analysts expect Motorola Solutions's EPS to grow 19.2% a year until 2028, about as fast as over the last 5 years (18.5% a year) and the last 3 years (17.2%).

Analysts expect Motorola Solutions's revenue to grow 9.3% a year until 2028, about as fast as over the last 5 years (9.5% a year) and the last 3 years (8.6%).

Revenue

ReportedEstimate

EPS

ReportedEstimate
Fiscal yearEPSEPS growthEPS rangeRevenueRevenue growthRevenue rangeAnalysts
FY2028 (est.) 21.61+10.0%20.63 – 22.84 15.27B+7.1%15.09B – 15.49B4
FY2027 (est.) 19.65+9.3%18.76 – 20.35 14.25B+9.2%13.86B – 14.34B9
FY2026 (est.) 17.97+16.7%17.86 – 18.20 13.05B+11.7%13.01B – 13.06B9
FY2025 15.40+11.4%— 11.68B+8.0%——
FY2024 13.83+15.6%— 10.82B+8.4%——
FY2023 11.96+15.3%— 9.98B+9.5%——
FY2022 10.37—— 9.11B———

Does Motorola Solutions beat earnings estimates?

On average, analysts' EPS estimate was 7.4% off the result, either way, and their revenue estimate 1.5%, over the last 12 quarters.

EPS beats
118 / 136
Revenue beats
100 / 120
Average EPS surprise, last 12
+7.4%
Since
January 1993
QuarterReport dateEPS estimateReported EPSSurpriseRevenue estimateReported revenueSurprise
Q3 FY20264 Nov 20264.424.69+6.1%3.26B3.38B+3.4%
Q2 FY20265 Aug 20263.854.41+14.5%3.00B3.13B+4.4%
Q1 FY20267 May 20263.243.37+4.0%2.70B2.71B+0.6%
Q4 FY202511 Feb 20264.354.59+5.5%3.34B3.38B+1.1%
Q3 FY202530 Oct 20253.854.06+5.5%2.99B3.01B+0.7%
Q2 FY20257 Aug 20253.353.57+6.6%2.73B2.77B+1.2%
Q1 FY20251 May 20253.013.18+5.6%2.52B2.53B+0.5%
Q4 FY202413 Feb 20253.894.04+3.9%2.99B3.01B+0.6%
Q3 FY20247 Nov 20243.383.74+10.7%2.76B2.79B+1.2%
Q2 FY20241 Aug 20243.013.24+7.6%2.59B2.63B+1.6%
Q1 FY20242 May 20242.532.81+11.1%2.34B2.39B+1.9%
Q4 FY20238 Feb 20243.633.90+7.4%2.82B2.85B+1.2%

Motorola Solutions stock price 2026–2030: scenarios

If Motorola Solutions's earnings keep growing at the 12.0% a year analysts expect to FY2028, it would earn about 27.09 a share in FY2030. At the P/E it has traded at over the last five years (29.6 to 48.9) that is 802.99 to 1,324.88 a share, or 993.06 at its average P/E of 36.7. This is arithmetic on the analysts' estimates, not a prediction.

Bull Base Bear
Fiscal yearEPSBearBaseBull
FY2026 17.97532.80658.91879.08
FY2027 19.65582.55720.43961.15
FY2028 21.61640.65792.291,057.02
FY2029 (extrapolated)24.19717.24887.011,183.39
FY2030 (extrapolated)27.09802.99993.061,324.88

Each year's EPS is the analysts' consensus to FY2028; the years after grow 12.0% a year (the analysts' growth, at most 15%). Bear, base and bull apply the lowest, average and highest P/E of today and the last five fiscal year ends, leaving out any above 60, the mark of a year of collapsed earnings (29.6, 36.7, 48.9).

Is Motorola Solutions stock undervalued or overvalued?

Motorola Solutions's P/E of 42.2 is above the middle of its 5-year range (27.8 to 54.4, median 35.0). Analysts do not expect faster growth than in recent years, so it is expensive compared with its own history. Buyers pay about the usual price for each point of growth: a PEG of 2.2 on expected growth against 1.9 on its median P/E and past five years' growth. At its usual P/E (35.0 × EPS of 12.56), Motorola Solutions's fair value is 439.84; the price, 530.50, is ⁦20.6%⁩ above it. Its forward P/E, on the consensus for FY2026, is 29.5.

The price against its fair value
Fair value 439.84Price 530.50349.05683.29

Fair value is the usual (median) P/E of the last five years times the earnings per share of the last twelve months; the ends of the bar are the same earnings at its lowest and highest P/E of those years (27.8 and 54.4). The price against its P/E range

Price to earnings ratio (TTM)
42.24
Five-year median P/E
35.02
Five-year P/E range
27.8 – 54.4
Forward P/E (FY2026)
29.52
PEG ratio
3.53
To the average target
-1.0%
See the full P/E history check Plus

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Common questions about the Motorola Solutions stock forecast