What is MSI stock price target for 2026?

WallStSmart's 12-month price target for Motorola Solutions Inc is $382.53, representing 10.9% downside from the current price of $429.23.

What is MSI stock forecast?

Motorola Solutions Inc forecast includes bull, base, and bear case scenarios from 2026 through 2030. Revenue and EPS projections are derived from analyst consensus and conservative extrapolation with growth deceleration for outer years.

MSI

Motorola Solutions Inc

NYSE: MSI · TECHNOLOGY · COMMUNICATION EQUIPMENT

$429.23

-1.27% today

Updated 2026-04-29

Market cap

$72.84B

P/E ratio

34.37

P/S ratio

6.24x

EPS (TTM)

$12.75

Dividend yield

1.01%

52W range

$358 – $489

Volume

1.0M

Market cap

$72.84B

P/E ratio

34.37

P/S ratio

6.24x

EPS (TTM)

$12.75

Dividend yield

1.01%

52W range

$358 – $489

Volume

1.0M

Motorola Solutions Inc (MSI) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current

$429.23

Consensus

$506.38

+17.97%

2030 Target

$1,229.09

+186.35%

DCF

—

Current price

$429.23

Analyst consensus

$506.38

+17.97%

2030 Target

$1,229.09

+186.35%

Intrinsic (DCF)

—

8 analysts:

6 Buy2 Hold0 Sell

Management guidance

Motorola Solutions raised 2026 revenue guidance to $12.7B (up from $12.83B consensus) following record Q4 2025 results and a $15.7B backlog. Management indicated sustained high single-digit revenue growth with double-digit EPS growth driven by Software & Services segment expansion, Silvus acquisition momentum, and strategic M&A including the Bell Canada LMR acquisition (CAD $675M, closing Q4 2026).

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range

Bull case (2030)

$2,063.11

$16.9B Rev × 20x P/S

Base case (2030)

$1,229.09

$16.9B Rev × 12x P/S

Bear case (2030)

$834.02

$16.9B Rev × 8x P/S

Financial forecast — research-backed

Metric	2023	2024	2025	2026 (E)	2027 (E)	2028 (E)	2029 (E)	2030 (E)
Revenue	$10.0B	$10.8B	$11.7B	$12.7B	$13.6B	$14.6B	$15.7B	$16.9B
Revenue growth	—	8.4%	8.0%	8.7%	7.0%	7.1%	7.7%	7.5%
EPS	$11.96	$13.83	$15.40	$16.95	$18.35	$20.15	$22.50	$25.10
P/S ratio	—	—	—	12.0x	12.0x	12.0x	12.0x	12.0x
Implied price	—	—	—	$921.82	$1,009.61	$1,053.50	$1,141.30	$1,229.09

Catalysts & risks

Growth catalysts

+ AI-powered security platform expansion and monetization (ISC West 2026 showcase)

+ Bell Canada LMR acquisition closing (Q4 2026) adding recurring revenue streams

+ Exacom acquisition integration for 911 voice recording and cloud-native solutions

+ APX NEXT platform upgrades driving LMR modernization capex

+ Software & Services segment margin expansion (higher-margin recurring revenue)

+ Record $15.7B backlog conversion to revenue (2026-2027 visibility)

Key risks

- Government budget delays and public safety capex timing volatility

- Integration execution risk on Exacom and Bell Canada acquisitions

- Competitive pressures in AI-driven security from larger players (CSCO, HPE)

- Legacy LMR radio systems facing long-term market saturation

- Macro slowdown impacting enterprise and municipal customer spending

- Valuation risk: trading at 26x forward P/E with mixed DCF signals

Methodology

Motorola Solutions Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 8 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 6, 2026.