Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Motorola Solutions's shares outstanding for the quarter that ended in Mar. 2026 was 166 Mil.
Motorola Solutions's quarterly shares outstanding
increased
from Dec. 2025 (166 Mil) to Mar. 2026 (166 Mil).
It means Motorola Solutionsissued new shares from Dec. 2025 to Mar. 2026 .
Motorola Solutions's annual shares outstanding
declined
from Dec. 2024 (167 Mil) to Dec. 2025 (166 Mil).
It means Motorola Solutionsbought back shares from Dec. 2024 to Dec. 2025 .
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Motorola Solutions Shares Outstanding (EOP) Related Terms
Motorola Solutions Shares Outstanding (EOP) Historical Data
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The historical data trend for Motorola Solutions's Shares Outstanding (EOP) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MIL:1MSI vs CIEN, LITE, HPE: Shares Outstanding (EOP) Comparison
For the Communication Equipment subindustry, Motorola Solutions's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Motorola Solutions Shares Outstanding (EOP) vs Hardware Industry
For the Hardware industry and Technology sector, Motorola Solutions's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Motorola Solutions's Shares Outstanding (EOP) falls into.
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
What does a Shares Outstanding (EOP) of 166 Mil mean?
Motorola Solutions (MIL:1MSI) has a Shares Outstanding (EOP) of 166 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Motorola Solutions and its competitors.
Is Motorola Solutions' Shares Outstanding (EOP) too high?
Motorola Solutions' current Shares Outstanding (EOP) is 166 Mil. Overall, Motorola Solutions has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Motorola Solutions' Shares Outstanding (EOP) compare to CIEN and LITE?
Motorola Solutions' Shares Outstanding (EOP) of 166 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Hardware company?
A good Shares Outstanding (EOP) depends on the Hardware industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Motorola Solutions and its competitors. Motorola Solutions's current Shares Outstanding (EOP) is 166 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Motorola Solutions stock overvalued right now?
Based on GuruFocus' analysis, Motorola Solutions (MIL:1MSI) is currently considered Fairly Valued. The stock's GF Value™ is €382.48, compared to a current price of €352.30 — trading 7.9% below its estimated fair value. The current Shares Outstanding (EOP) is 166 Mil. Motorola Solutions' overall GF Score™ is 69/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Motorola Solutions (MIL:1MSI), the current Shares Outstanding (EOP) is 166 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Motorola Solutions (MIL:1MSI) Overvalued in 2026?
Based on GuruFocus' analysis, Motorola Solutions stock appears to be undervalued.
The current stock price of €352.30 is trading 7.9% below its estimated GF Value™ of €382.48.
GuruFocus considers Motorola Solutions to be Fairly Valued.
Key valuation signals for MIL:1MSI:
Shares Outstanding (EOP): 166 Mil
GF Value™: €382.48 vs. price of €352.30 (7.9% below fair value)
No single metric tells the full story. See the MIL:1MSI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Motorola Solutions is a leading provider of communications and analytics, primarily serving public safety departments as well as schools, hospitals, and businesses. The bulk of the firm's revenue comes from sales of land mobile radios and radio network infrastructure, but the firm also sells surveillance equipment, dispatch software, and other networking capabilities. Most of Motorola's revenue comes from government agencies, while roughly 25% comes from schools and private businesses. Motorola has customers in over 100 countries and in every state in the United States.
69GF Score
Get the complete analysis for MIL:1MSI
Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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