New York, February 13, 2026, 10:05 EST — Regular session
Motorola Solutions (MSI.N) shares slipped on Friday, handing back part of the prior session’s rally. The stock was down 0.9% at $449.45 by 9:50 a.m. EST.
MSI ended Thursday up 7.67% at $453.44 after the company delivered fresh quarterly results and a new set of forecasts that traders treated as constructive. (Yahoo Finance)
Motorola forecast 2026 sales of about $12.7 billion and adjusted earnings per share of $16.70 to $16.85, both above Wall Street estimates, Reuters reported. The company has leaned on public safety and government customers upgrading radio systems, video security and command-center software, while its software and services business throws off recurring revenue from an installed base. (Reuters)
The broader tape was a touch lower. The SPDR S&P 500 ETF was down 0.2% and the Invesco QQQ ETF was off 0.1%, while Tyler Technologies climbed about 4% and Axon and L3Harris traded up around 1%.
Motorola said fourth-quarter sales rose 12% to $3.38 billion and non-GAAP EPS — an adjusted profit measure that strips out some items — was $4.59. It ended 2025 with a record backlog of $15.7 billion, meaning orders booked but not yet counted as revenue, and repurchased $490 million of shares in the quarter. Chief executive Greg Brown pointed to “record backlog and strong demand” as he laid out the case for 2026. (Nasdaq)
For the first quarter, the company expects revenue growth of 6% to 7% and non-GAAP EPS of $3.20 to $3.25. It also flagged large public-safety wins, including a $180 million Project 25 (P25) radio system expansion for Tennessee and a $201 million 10-year P25 services renewal for Maryland; P25 is a digital two-way radio standard used by many U.S. first responders. (Motorola Solutions)
Wall Street moved quickly to update the math. Morgan Stanley raised its price target on Motorola Solutions to $470 from $436 and kept an “overweight” rating, MT Newswires reported, while Barclays and JPMorgan also lifted targets in separate notes. (MarketScreener)
On the earnings call, Brown said, “We’re seeing continued prioritization of safety and security” from public safety and defense customers. CTO Mahesh Saptharishi said the company’s AI, or artificial intelligence, tools were “helping put officers back on the street,” pointing to automation in reports and video workflows. (Investing)
Still, the setup cuts both ways. Big government projects can slip, and Motorola has flagged tariff volatility under the International Emergency Economic Powers Act as a swing factor for supply-chain costs; then there’s litigation. In its annual report, the company said Hytera — a Chinese competitor that pleaded guilty to stealing Motorola trade secrets — awaits sentencing, with a court ruling expected on March 5. (Sec)
