Analyst Consensus ?
ConsensusBuy34 ratings
Bullish2470.6%
Neutral617.6%
Bearish411.8%
Motorola Solutions, Inc. · MSI · FY2025 Q1 · Calendar Q2 2025
Motorola Solutions Maintains Guidance as Software and AI Expand
The supplied analysis supports a constructive but conditional view: recurring software and services growth, AI-enabled products and strong adoption can support the outlook, while tariffs, FX, public-sector budgets and monetization remain important tests.
Reported Before market openNYSETechnology
$76.64B market cap
80quality score
Earnings scorecard
Reported versus consensus
Reported EPS
—
Consensus $3.01
EPS surprise
—
Reported versus consensus
Reported revenue
—
Consensus $2.52B
Revenue surprise
—
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
-0.3%
Event window
SPY move
+0.7%
Same window
Abnormal move
-1.0%
Stock minus SPY
Volume
1.1×
Versus trailing sessions
Subsequent drift
-5.4%
Up to 20 sessions
MSISPY benchmark
Ask FN2 about MSI FY2025 Q1
Transcript, numbers and history already loaded
What drove MSI's -0.3% move after FY2025 Q1 earnings?What changed in MSI's guidance and outlook in FY2025 Q1?Give me the bull and bear case for MSI after FY2025 Q1 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Relative to the prior analysis, management added detail on the SVX and Assist launches, highlighted software and services at roughly 40% of revenue, and quantified potential tariff costs at up to $100 million while reaffirming guidance.
Guidance delta
Management maintained full-year guidance of 5.5% revenue growth and non-GAAP EPS of $14.64-$14.74 despite tariff exposure.
Key takeaways
- Management reported record first-quarter revenue, operating earnings and cash flow, with non-GAAP EPS up 13% year over year.
- Software and services represent roughly 40% of revenue; SVX and Assist are intended to support APX NEXT adoption and software upsell.
- Management estimated tariff impact of up to $100 million and cited cost reductions, pricing and supply-chain actions as mitigation.
Management priorities
- Scale SVX, Assist AI and the APX NEXT ecosystem
- Expand cloud software, Command Center and recurring revenue
- Pursue drone, counter-drone and selective acquisition opportunities while returning capital
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Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$463.15Current
$254Low
$449.29Average
$550High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 17, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Piper Sandler | Overweight | Overweight | Maintain | Sep 22, 2026 |
| Evercore ISI Group | Outperform | Outperform | Maintain | Aug 26, 2026 |
| Truist Securities | Buy | Buy | Maintain | Aug 7, 2026 |
| UBS | Buy | Buy | Maintain | Aug 6, 2026 |
| JP Morgan | Overweight | Overweight | Maintain | Aug 6, 2026 |
| Barclays | Overweight | Overweight | Maintain | Aug 6, 2026 |
| Morgan Stanley | Overweight | Equal Weight | Upgrade | Dec 17, 2025 |
| Deutsche Bank | Buy | Buy | Maintain | Nov 26, 2024 |
| Raymond James | Outperform | Outperform | Maintain | Nov 8, 2024 |
| B of A Securities | Buy | Buy | Maintain | Oct 23, 2024 |
| Jefferies | Buy | Buy | Maintain | Sep 3, 2024 |
| Credit Suisse | Neutral | Neutral | Maintain | May 5, 2023 |
| Edward Jones | Hold | Buy | Downgrade | Jan 23, 2023 |
| Loop Capital | Buy | Buy | Maintain | Apr 26, 2022 |
| Argus Research | Buy | Hold | Upgrade | Nov 11, 2021 |
| MKM Partners | Buy | Buy | Maintain | Nov 5, 2021 |
| Northcoast Research | Neutral | Buy | Downgrade | Oct 28, 2021 |
| Citigroup | Buy | Buy | Maintain | Aug 9, 2021 |
| Cowen & Co. | Outperform | Outperform | Maintain | Feb 5, 2021 |
| William Blair | Outperform | Outperform | Maintain | Dec 10, 2020 |
| CFRA | Hold | Hold | Maintain | Feb 12, 2020 |
| Citi | Buy | Buy | Maintain | Aug 2, 2019 |
| BMO Capital | Outperform | Outperform | Maintain | Nov 2, 2018 |
| Argus | Hold | Buy | Downgrade | May 5, 2018 |
| BTIG Research | Buy | Buy | Maintain | Mar 16, 2018 |
| Gabelli & Co. | Buy | Hold | Upgrade | Feb 6, 2017 |
| Bernstein | Outperform | Market Perform | Upgrade | Feb 23, 2016 |
| Macquarie | Underperform | Underperform | Maintain | Oct 22, 2015 |
| Wells Fargo | Underperform | Underperform | Maintain | Sep 11, 2015 |
| Goldman Sachs | Sell | Neutral | Downgrade | May 5, 2015 |
| Nomura | Neutral | Neutral | Maintain | Feb 19, 2015 |
| Mizuho | Underperform | Neutral | Downgrade | May 22, 2014 |
| Tigress Financial | Buy | Buy | Maintain | Apr 1, 2013 |
| Morgan Keegan | Outperform | Outperform | Maintain | Feb 21, 2012 |
Named analyst price targets
Upside is calculated against the persisted current price $463.15. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Piper Sandler | Analyst unavailable | $531 | $461.36 | +14.6% | Sep 22, 2026 |
| Evercore ISI | Analyst unavailable | $550 | $483.55 | +18.8% | Aug 26, 2026 |
| Truist Financial | Analyst unavailable | $545 | $469.03 | +17.7% | Aug 7, 2026 |
| Morgan Stanley | Meta Marshall | $476 | $474.04 | +2.8% | Aug 6, 2026 |
| UBS | Analyst unavailable | $520 | $438.14 | +12.3% | Aug 6, 2026 |
| Barclays | Tim Long | $529 | $438.14 | +14.2% | Aug 6, 2026 |
| Truist Financial | Analyst unavailable | $525 | $391.76 | +13.4% | May 8, 2026 |
| Raymond James | Analyst unavailable | $530 | $390.44 | +14.4% | May 8, 2026 |
| Piper Sandler | Analyst unavailable | $499 | $465.69 | +7.7% | Feb 12, 2026 |
| Morgan Stanley | Analyst unavailable | $470 | $464.41 | +1.5% | Feb 12, 2026 |
| Barclays | Tim Long | $506 | $465.73 | +9.3% | Feb 12, 2026 |
| Piper Sandler | James Fish | $443 | $381.02 | -4.4% | Jan 5, 2026 |
| Morgan Stanley | Meta Marshall | $436 | $363.83 | -5.9% | Dec 17, 2025 |
| Northcoast Research | Analyst unavailable | $450 | $370.78 | -2.8% | Dec 1, 2025 |
| Barclays | Tim Long | $495 | $431.98 | +6.9% | Oct 31, 2025 |
| Piper Sandler | James Fish | $495 | $470.72 | +6.9% | Sep 23, 2025 |
| Evercore ISI | Tim Yocum/Vicki Tzolov | $525 | $470.1 | +13.4% | Aug 29, 2025 |
| Barclays | Tim Long | $509 | $445.1 | +9.9% | Aug 8, 2025 |
| Deutsche Bank | Matt Niknam | $440 | $401.69 | -5.0% | Aug 6, 2024 |
| Deutsche Bank | Matt Niknam | $385 | $364.91 | -16.9% | Jun 3, 2024 |
| Argus Research | Jim Kelleher | $410 | $358.17 | -11.5% | May 7, 2024 |
| Evercore ISI | Amit Daryanani | $400 | $347.92 | -13.6% | Mar 25, 2024 |
| Credit Suisse | Analyst unavailable | $270 | $262.35 | -41.7% | Jan 11, 2023 |
| Loop Capital Markets | Fahad Najam | $295 | $223.16 | -36.3% | Apr 28, 2022 |
| Cowen & Co. | Paul Silverstein | $254 | $226.36 | -45.2% | Aug 6, 2021 |
Track every rating change on MSI the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationMotorola Solutions, Inc. delivers essential communication and data analysis capabilities vital for critical operations across the United States, the United Kingdom, Canada, and other international markets. The company structures its extensive operations into two primary segments: Products and Systems Integration, and Software and Services. The Products and Systems Integration division offers a comprehensive suite of infrastructure, various devices, accessories, and video security solutions, alongside expert services for the deployment and seamless integration of systems, hardware, software, and specialized applications. This segment caters to governmental bodies, public safety agencies, and commercial enterprises that rely on private communication networks, advanced video security systems, and robust tools for managing mobile workforces.…
Historical context
All MSI earningsTechnology peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| WIT Wipro Limited | FY2027 Q2 · Calendar Q4 2026 | -25.0% | +3.9% | Wipro: AI pipeline expands as Q3 guidance stays narrow |
| TSM Taiwan Semiconductor Manufacturing Company Limited | FY2026 Q3 · Calendar Q4 2026 | +3.4% | -1.8% | TSMC beats Q3 guidance as AI demand drives fab expansion |
| ERIC Telefonaktiebolaget LM Ericsson (publ) | FY2026 Q3 · Calendar Q4 2026 | +28.6% | +11.8% | Ericsson Q3: 7% organic growth, resilient margins and AI-led demand |
| ASML ASML Holding N.V. | FY2026 Q3 · Calendar Q4 2026 | +20.4% | -3.9% | ASML: Record Q3, strong AI demand and broader capacity plans |
Latest beats and misses
Who reports nextBeat on EPS
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Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2025-04-17T00:02:52.217204+00:00
- Polygon adjusted daily market bars · 2026-10-17T13:40:41.242732+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-17T13:40:41.239593+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-17. For educational purposes only; not investment advice.