BRP (NASDAQ:DOOO) Releases FY 2026 Earnings Guidance

Key Points

• BRP updated its FY 2026 earnings guidance, projecting EPS between 3.090 and 3.460, below the consensus estimate of 3.470, and revenue guidance of $5.9 billion to $6.0 billion, compared to the consensus of $7.9 billion.
• The company declared a quarterly dividend of $0.215, an increase from the previous $0.16, resulting in an annualized dividend of $0.86 and a yield of 1.5%.
• Several research firms upgraded BRP's stock rating to "strong-buy," indicating increased investor confidence, with the current average target price around $43.00.

BRP (NASDAQ:DOOO - Get Free Report) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 3.090-3.460 for the period, compared to the consensus estimate of 3.470. The company issued revenue guidance of $5.9 billion-$6.0 billion, compared to the consensus revenue estimate of $7.9 billion.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. CIBC upgraded BRP from a "neutral" rating to a "sector outperform" rating in a research note on Tuesday. Citigroup restated a "neutral" rating and issued a $51.00 target price (up from $43.00) on shares of BRP in a research note on Monday, June 16th. Desjardins upgraded BRP from a "hold" rating to a "buy" rating in a research note on Friday, May 30th. Canaccord Genuity Group upgraded BRP from a "hold" rating to a "buy" rating in a research note on Tuesday. Finally, TD Securities upgraded BRP from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 30th. Three equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, BRP presently has a consensus rating of "Moderate Buy" and a consensus price target of $43.00.

BRP Stock Performance

Shares of NASDAQ DOOO traded up $3.73 during midday trading on Tuesday, hitting $66.71. 869,491 shares of the company's stock were exchanged, compared to its average volume of 243,331. The company's 50 day moving average price is $52.43 and its 200 day moving average price is $43.55. The firm has a market capitalization of $4.87 billion, a PE ratio of -277.96 and a beta of 1.19. BRP has a 12 month low of $31.78 and a 12 month high of $72.21. The company has a quick ratio of 0.58, a current ratio of 1.34 and a debt-to-equity ratio of 5.85.

BRP (NASDAQ:DOOO - Get Free Report) last released its quarterly earnings results on Friday, August 29th. The company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.34. The business had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.77 billion. BRP had a positive return on equity of 64.24% and a negative net margin of 0.34%. BRP has set its FY 2026 guidance at 3.090-3.460 EPS. As a group, analysts predict that BRP will post 3.15 earnings per share for the current fiscal year.

BRP Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 14th. Investors of record on Tuesday, September 30th will be paid a $0.215 dividend. This is a boost from BRP's previous quarterly dividend of $0.16. The ex-dividend date is Tuesday, September 30th. This represents a $0.86 annualized dividend and a yield of 1.3%. BRP's dividend payout ratio is presently -262.50%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Raymond James Financial Inc. acquired a new position in BRP in the second quarter valued at about $60,000. Acadian Asset Management LLC acquired a new position in BRP in the 1st quarter worth about $70,000. Dynamic Technology Lab Private Ltd acquired a new position in BRP in the 1st quarter worth about $207,000. Tidal Investments LLC acquired a new position in BRP in the 2nd quarter worth about $290,000. Finally, Nebula Research & Development LLC increased its stake in shares of BRP by 93.9% in the second quarter. Nebula Research & Development LLC now owns 11,680 shares of the company's stock valued at $566,000 after buying an additional 5,657 shares during the period.

BRP Company Profile

BRP Inc, together with its subsidiaries, designs, develops, manufactures, distributes, and markets powersports vehicles and marine products in the United States, Canada, Europe, the Asia Pacific, Mexico, Austria, and internationally. The Powersports segment offers year-round products, such as Can-Am all-terrain vehicles, side-by-side vehicles, and three-wheeled vehicles; and seasonal products, including Ski-Doo and Lynx snowmobiles, Sea-Doo personal watercrafts and pontoons, Rotax engines for karts and recreational aircraft, and Pinion gearboxes with smart shift systems.