MSI · Analysis updated Nov 5, 2026, 10:36 AM ET
Why is Motorola Solutions, Inc. (MSI) stock moving?
Motorola Solutions' third-quarter sales rose 12% to $3.38 billion, above the roughly $3.26 billion expected, and adjusted earnings rose 16% to $4.69 a share. Record third-quarter orders, up more than 20%, lifted the backlog (signed work not yet delivered) to an all-time high of $16.6 billion, up 14% from a year ago. It raised its 2026 outlook for the third time, to about $13.05 billion of revenue and $17.94-17.99 of adjusted earnings per share, added $2 billion to its buyback and gave a first 2027 revenue view of about $14.25 billion. At about 10:27 AM ET the stock was $540.78, up 8.8% after touching a record $543.07.
News behind the analysis
- Motorola Solutions Raises 2026 Outlook as Q3 Revenue Rises 12%Sales $3.38B (+12%); adjusted EPS $4.69 (+16%); record $16.6B backlog; FY revenue about $13.05B and EPS $17.94-17.99; $2B buyback increase.
- Motorola Solutions Reports Q3 2026 Revenue of $3.38 Billion; Non-GAAP EPS Surpasses ExpectationsRevenue beat estimates of $3.26B; GAAP EPS $3.06 missed; backlog up 14%.
- Motorola Raises Guidance a Third Time as Revenue Hits $3.3B, Backlog Soars to Record $16.6BD-Fend contributes about $45M this year; preliminary 2027 revenue around $14.25B despite memory-cost headwinds.
- Motorola Solutions Inc (MSI) (Q3 2026) Earnings Call Highlights: Record Backlog and Raised GuidanceAdjusted operating margin 32.5% (+200bp); record Q3 orders +20%; Silvus expected above $900M in 2026.
In the Daily Standout
- November 5, 2026: on the shortlist +8.81%