2026set
MSI Sep 2026 · Sell
We initiate coverage on Motorola Solutions Inc. While MSI commands an entrenched, wide-moat public safety franchise, the market is pricing in near-perfection at 23.87x forward P/E. This valuation leaves zero margin of safety for a $100M surge in memory component costs absorbed in the second half of FY2026 and $9,766M in balance-sheet debt during a 5.24% risk-free rate environment.Latest published research · analyzed 2026-09-30 · current · sources aging