Evercore raises USD 550 target for Motorola Solutions stock
π Evercore raised its price target for Motorola Solutions to USD 550.00 from USD 525.00 on October 8, 2026.
π° Second-quarter revenue surged 13.3 percent year over year to reach USD 3.13 billion.
π Adjusted earnings per share climbed 24 percent to USD 4.41, aided by a tariff refund.
π Products and Systems Integration revenue grew 15 percent in the second quarter.
π» Software and Services revenue increased 10 percent during the same period.
π Stock price dipped 1.02 percent to EUR 397.60 on October 13, 2026.
π’ The company holds a market capitalization of USD 73.8 billion with a P/E ratio of 35.00.
π Next earnings report is scheduled for October 29, 2026, after the close.
π― The current target implies 23.76 percent upside from the NYSE trading price.
π Products and Systems Integration segment showed the strongest growth at 15 percent.
- Evercore raised its price target for Motorola Solutions to USD 550.00 from USD 525.00, signaling strong analyst confidence in the company's prospects.
- Second-quarter revenue grew 13.3 percent year over year to USD 3.13 billion, demonstrating robust top-line expansion.
- Adjusted earnings per share increased 24 percent to USD 4.41, reflecting improved profitability and operational efficiency.
- Products and Systems Integration revenue expanded by 15 percent in the second quarter, highlighting strong demand for core hardware solutions.
- Software and Services revenue grew 10 percent, indicating successful diversification into high-margin recurring revenue streams.
- The company benefited from a USD 60 million IEEPA tariff refund, which positively contributed to adjusted earnings per share.