What is Motorola Solutions, Inc. worth?
With the base-case assumptions below, a discounted cash flow model on Motorola Solutions, Inc.'s reported free cash flow gives $311.56 per share. The share price was $527.10 on November 10, 2026, 69% above that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 4.5% | 10.0% | $174.56 | -67% |
| Base | 9.5% | 9.0% | $311.56 | -41% |
| Bull | 14.5% | 8.0% | $584.68 | +11% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $414.61 | $446.32 | $485.07 | $533.52 | $595.80 |
| 8.0% | $337.52 | $358.08 | $382.39 | $411.55 | $447.19 |
| 9.0% | $281.28 | $295.34 | $311.56 | $330.49 | $352.85 |
| 10.0% | $238.51 | $248.51 | $259.84 | $272.79 | $287.73 |
| 11.0% | $204.94 | $212.27 | $220.46 | $229.67 | $240.12 |
Where the presets come from
Base: years 1 to 5 grow at Motorola Solutions, Inc.'s revenue growth rate over the last 5 fiscal years (9.5% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions