Motorola Solutions, Inc. was upgraded to a Buy rating following its strong Q2 2026 performance, which included a 13% year-over-year revenue increase to $3.13 billion and a 24% rise in earnings per share. The company also reported an all-time high backlog of $15.6 billion, driven by robust growth and margin expansion in both its Products & Systems Integration and Software & Services segments. With raised guidance, strong cash flow, and the recent acquisition of D-Fend, Motorola Solutions is projected to achieve a 15.4% compound annual growth rate over the next 3 to 5 years. This upgrade reflects the stock's current undervaluation despite its strong growth prospects.
