Royal Bank Of Canada Issues Pessimistic Forecast for Polaris (NYSE:PII) Stock Price

Key Points

• Royal Bank of Canada cut Polaris’s price target from $75 to $72 while maintaining a “sector perform” rating, implying 26.44% upside from the prior close.
• Analyst sentiment remains cautious: Polaris has an average “Hold” rating and a consensus price target of $62.67, with several firms recently lowering their targets.
• Despite the cautious outlook, Polaris reported quarterly EPS of $1.08 versus the $0.59 consensus and revenue of $2.04 billion, up 10.9% year over year and above expectations.

Polaris (NYSE:PII - Get Free Report) had its target price cut by equities research analysts at Royal Bank Of Canada from $75.00 to $72.00 in a note issued to investors on Wednesday, Benzinga reports. The brokerage presently has a "sector perform" rating on the stock. Royal Bank Of Canada's price target would indicate a potential upside of 26.44% from the stock's previous close.

PII has been the topic of several other research reports. UBS Group reduced their price objective on Polaris from $67.00 to $61.00 and set a "neutral" rating on the stock in a report on Friday, September 18th. Zacks Research downgraded shares of Polaris from a "strong-buy" rating to a "hold" rating in a research report on Monday, October 5th. Robert W. Baird lowered their price objective on shares of Polaris from $72.00 to $65.00 and set a "neutral" rating for the company in a research report on Wednesday, October 7th. Wells Fargo & Company dropped their target price on shares of Polaris from $70.00 to $55.00 and set an "equal weight" rating on the stock in a report on Monday, October 19th. Finally, Citigroup reduced their price objective on Polaris from $67.00 to $56.00 and set a "neutral" rating for the company in a research report on Monday, October 19th. One analyst has rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $62.67.

Polaris Stock Performance

Shares of PII stock traded down $1.11 during mid-day trading on Wednesday, reaching $56.95. The company's stock had a trading volume of 195,655 shares, compared to its average volume of 998,293. The firm's 50-day moving average is $56.95 and its two-hundred day moving average is $62.79. The company has a market cap of $3.24 billion, a P/E ratio of -12.28 and a beta of 1.32. Polaris has a 1-year low of $47.14 and a 1-year high of $77.98.

Polaris (NYSE:PII - Get Free Report) last issued its quarterly earnings data on Tuesday, October 27th. The company reported $1.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.59 by $0.49. The company had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $1.90 billion. During the same period in the previous year, the business posted ($0.28) earnings per share. The firm's revenue was up 10.9% compared to the same quarter last year. Sell-side analysts anticipate that Polaris will post 3.22 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. BlackRock Inc. acquired a new position in shares of Polaris in the second quarter worth approximately $501,360,000. State Street Corp grew its stake in Polaris by 4.7% in the 2nd quarter. State Street Corp now owns 2,692,541 shares of the company's stock valued at $184,306,000 after purchasing an additional 121,031 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Polaris by 7.4% in the first quarter. Dimensional Fund Advisors LP now owns 1,546,260 shares of the company's stock valued at $84,269,000 after buying an additional 107,109 shares during the period. Canada Pension Plan Investment Board bought a new position in Polaris in the 2nd quarter worth approximately $77,817,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of Polaris during the second quarter valued at about $43,780,000. Institutional investors and hedge funds own 88.06% of the company's stock.

Key Polaris News

Here are the key news stories impacting Polaris this week:

• Positive Sentiment: Polaris reported third-quarter adjusted earnings of $1.08 per share, well above the roughly $0.59–$0.62 consensus range. Revenue rose 10.9% year over year to $2.04 billion, exceeding the $1.90 billion analyst expectation. Polaris Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2026
• Positive Sentiment: The company raised its full-year earnings outlook for the second consecutive quarter, signaling that recent margin improvements and operating execution are outweighing industry pressure. The higher outlook was a key reason for the initial positive market reaction. Polaris shares rally as Q3 results beat expectations and raise FY26 outlook
• Positive Sentiment: Management highlighted utility vehicles, which are used for work and generate more than half of sales, as an important source of business resilience. This mix may help Polaris withstand softer discretionary demand for recreational vehicles. Polaris Q3 Earnings: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: The earnings beat reflects a significant improvement from the year-ago quarter, when Polaris posted a loss of $0.28 per share. Investors will likely focus on whether the stronger margins and raised outlook can continue beyond the current quarter. Polaris Surpasses Q3 Earnings and Revenue Estimates
• Negative Sentiment: Morgan Stanley lowered its price target on Polaris from $74 to $66 while maintaining an Equalweight rating, indicating that some analysts remain cautious about the stock’s longer-term upside despite the quarterly beat. Morgan Stanley Adjusts Price Target on Polaris

About Polaris

Polaris Inc is a manufacturer of powersports products headquartered in Medina, Minnesota. Founded in 1954, the company began as a snowmobile manufacturer and has expanded into a diversified portfolio of off-road vehicles, motorcycles, snowmobiles and boats.

Its off-road vehicle lineup includes utility and recreational models sold under brands such as RANGER, RZR, Sportsman and GENERAL. Polaris also manufactures snowmobiles under the Polaris brand and motorcycles through Indian Motorcycle and Slingshot.

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