Polaris (NYSE:PII) Price Target Raised to $75.00

Polaris (NYSE:PII) had its price target increased by Royal Bank Of Canada from $65.00 to $75.00 in a report issued on Wednesday,Benzinga reports. The brokerage presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s target price points to a potential upside of 6.66% from the stock’s previous close.

Other equities analysts have also recently issued research reports about the company. Weiss Ratings reiterated a “sell (d)” rating on shares of Polaris in a report on Tuesday, July 7th. Morgan Stanley dropped their price objective on Polaris from $74.00 to $69.00 and set an “equal weight” rating on the stock in a research note on Tuesday, May 19th. Robert W. Baird raised their price objective on Polaris from $70.00 to $72.00 and gave the company a “neutral” rating in a research report on Wednesday. Citigroup boosted their target price on Polaris from $58.00 to $70.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Finally, Bank of America restated a “neutral” rating on shares of Polaris in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $66.11.

Polaris Price Performance

Shares of NYSE PII opened at $70.31 on Wednesday. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.21 and a quick ratio of 0.48. The business has a 50-day moving average of $69.10 and a 200-day moving average of $64.28. The stock has a market capitalization of $4.00 billion, a price-to-earnings ratio of -8.97 and a beta of 1.25. Polaris has a fifty-two week low of $47.14 and a fifty-two week high of $77.98.

Polaris (NYSE:PII) last issued its earnings results on Tuesday, July 28th. The company reported $1.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.76 by $1.21. Polaris had a negative net margin of 6.13% and a positive return on equity of 5.91%. The business had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $1.95 billion. During the same period in the previous year, the company earned ($1.39) earnings per share. The firm’s revenue for the quarter was up 9.2% on a year-over-year basis. Polaris has set its FY 2026 guidance at 3.000-3.100 EPS. As a group, sell-side analysts predict that Polaris will post 1.76 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Polaris

Institutional investors and hedge funds have recently made changes to their positions in the company. Kemnay Advisory Services Inc. bought a new position in shares of Polaris during the fourth quarter worth approximately $27,000. Danske Bank A S boosted its stake in Polaris by 150.0% in the 4th quarter. Danske Bank A S now owns 500 shares of the company’s stock valued at $32,000 after purchasing an additional 300 shares during the period. Elevation Wealth Partners LLC boosted its stake in Polaris by 471.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 571 shares of the company’s stock valued at $39,000 after purchasing an additional 471 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new position in Polaris in the 4th quarter valued at $40,000. Finally, Bard Associates Inc. bought a new position in Polaris during the 4th quarter worth $46,000. 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 second-quarter EPS of $1.97, well above the approximately $0.76–$0.77 consensus estimate, while revenue reached $2.02 billion versus expectations of $1.95 billion. Revenue increased 9.2% year over year, providing the primary catalyst for investor optimism. Polaris tops Q2 earnings and revenue estimates
• Positive Sentiment: The company raised its fiscal 2026 outlook to $3.00–$3.10 in EPS and $7.3 billion–$7.5 billion in revenue. The earnings forecast is substantially above the roughly $1.81 analyst consensus cited before the update, suggesting management expects the recovery to continue. Polaris reports strong Q2 and optimistic guidance
• Positive Sentiment: Management highlighted solid demand, particularly for utility off-road vehicles, along with market-share gains and margin expansion. These trends reinforce the view that Polaris is recovering from the recent downturn. Polaris Q2 earnings call highlights
• Neutral Sentiment: Robert W. Baird raised its price target from $70 to $72 but maintained a Neutral rating. The modest target increase indicates that the earnings improvement is largely reflected in the stock’s valuation. Benzinga analyst update
• Negative Sentiment: A meaningful portion of the quarter’s margin improvement came from a one-time tariff refund, while ongoing tariffs could pressure profitability. Recreational demand also remains volatile, creating execution risk for the upgraded outlook. Polaris rallies after demand and tariff refunds boost results

About Polaris

Polaris Inc, founded in 1954 and headquartered in Medina, Minnesota, is a diversified manufacturer of powersports vehicles and related products. Initially gaining prominence with its snowmobiles, Polaris expanded its portfolio over the decades to include all-terrain vehicles (ATVs), side-by-side off-road vehicles, and motorcycles. The company’s legacy in recreational and utility vehicle innovation stems from early engineering breakthroughs that established Polaris as a leading name in off-road mobility.

Today, Polaris offers a broad range of products under well-known brands such as Polaris RANGER and POLARIS SPORTSMAN for utility and recreation markets, Slingshot three-wheel roadsters for on-road enthusiasts, and the Indian Motorcycle brand for premium two-wheeled touring and cruiser segments.