Chicago, Illinois-based Motorola Solutions, Inc. (MSI) provides public safety and enterprise security solutions. Valued at $69.7 billion by market cap, the company develops data capture, wireless, infrastructure, bar code scanning, two-way radios, and wireless LAN securities. It also produces voice and data communications products and systems.

Companies worth $10 billion or more are generally described as “large-cap stocks,” and MSI fits right into that category with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the communication equipment industry. MSI is a leading provider of public safety and enterprise security solutions, operating globally in over 100 countries. Their diverse product line includes LMR systems and video surveillance technology, backed by a strong commitment to research and development. With a focus on innovation and customer loyalty, Motorola Solutions maintains a trusted reputation in the industry.

Despite its notable strength, MSI slipped 18.1% from its 52-week high of $507.82, achieved on Nov. 11, 2024. Over the past three months, MSI stock declined 2.3%, underperforming the Technology Select Sector SPDR Fund’s (XLK) 6.6% gains during the same time frame.

In the longer term, shares of MSI declined 10% on a YTD basis, underperforming XLK’s YTD 1.6% gains. However, MSI climbed 12.3% over the past 52 weeks, outperforming XLK’s 9.4% returns over the last year.

To confirm the bearish trend, MSI has been trading below its 50-day moving average since mid-December, 2024, with slight fluctuations. The stock is trading below its 200-day moving average since mid-February, with minor fluctuations. 

On May 1, MSI reported its Q1 results, and its shares closed down more than 7% in the following trading session. Its adjusted EPS of $3.18 topped Wall Street expectations of $3.01. The company’s revenue was $2.53 billion, surpassing Wall Street forecasts of $2.51 billion. MSI expects full-year adjusted EPS in the range of $14.64 to $14.74. 

In the competitive arena of communication equipment, Cisco Systems, Inc. (CSCO) has taken the lead over MSI, showing resilience with a 9.2% uptick on a YTD basis and 40.4% gains over the past 52 weeks.

Wall Street analysts are moderately bullish on MSI’s prospects. The stock has a consensus “Moderate Buy” rating from the 11 analysts covering it, and the mean price target of $505.25 suggests a potential upside of 21.4% from current price levels.