New York, February 13, 2026, 10:05 EST — Regular session
Motorola Solutions (MSI.N) gave up some ground early Friday, with shares falling 0.9% to $449.45 at 9:50 a.m. EST. That follows a rally in the previous session.
MSI shares jumped 7.67% to close at $453.44 on Thursday after the company rolled out new quarterly numbers along with updated guidance, which traders seemed to embrace.
Motorola is projecting 2026 sales near $12.7 billion, with adjusted EPS seen landing between $16.70 and $16.85—both numbers topping Street forecasts, according to Reuters. The company’s results continue to ride momentum from public safety and government clients rolling out new radio, video security, and command-center tech, while its installed base keeps the software and services segment generating recurring revenue.
Stocks slipped slightly. The SPDR S&P 500 ETF edged down 0.2%, with the Invesco QQQ ETF ticking 0.1% lower. Tyler Technologies jumped roughly 4%, and both Axon and L3Harris each saw gains of about 1%.
Motorola posted a 12% jump in fourth-quarter sales to $3.38 billion, with non-GAAP earnings per share landing at $4.59. The company wrapped up 2025 sitting on a record $15.7 billion backlog—orders secured but still to be recognized as revenue—and it bought back $490 million in stock over the quarter. Chief executive Greg Brown cited both the record backlog and robust demand while outlining his outlook for 2026.
The company is looking at first-quarter revenue growth between 6% and 7%, and sees non-GAAP EPS landing in the $3.20 to $3.25 range. Notably, it pointed to a pair of major public-safety contracts: a $180 million Project 25 radio system expansion for Tennessee, and a $201 million, 10-year P25 services renewal in Maryland. P25 technology is widely used by U.S. first responders for digital two-way radios.
Wall Street wasted no time recalculating. Morgan Stanley bumped its price target on Motorola Solutions up to $470 from $436, sticking with its “overweight” call, according to MT Newswires. Barclays and JPMorgan each raised their targets as well, with both moves coming in individual notes. MarketScreener
During the earnings call, Brown noted, “We’re seeing continued prioritization of safety and security” among public safety and defense clients. CTO Mahesh Saptharishi highlighted how the company’s artificial intelligence tech was “helping put officers back on the street,” referencing automation for reports and video workflows. Investing
Even so, there’s a flip side. Delays are a risk for major government contracts, and Motorola has pointed to tariff swings tied to the International Emergency Economic Powers Act as a wild card for supply-chain expenses. Litigation is another cloud. Motorola’s annual report notes that Hytera, the Chinese rival that admitted to stealing Motorola’s trade secrets, is still awaiting sentencing—a court decision is due March 5.
