
Polaris (PII) Stock Forecast & Price Target
Polaris (PII) Analyst Ratings
Bulls say
Polaris has demonstrated robust sales performance, with consolidated Parts, Garments & Accessories (PG&A) sales increasing over 20% in a record quarter, and Off-Road and On-Road sales up 22% and 6% respectively. The company's strategic reintroduction of the Factory Authorized Clearance program successfully boosted retail demand while keeping promotional spending modest, contributing to a 9% increase in North American retail for Off-Road vehicles. Additionally, the upward revisions to Polaris's earnings per share forecasts for 2025 and 2026, reflecting better-than-expected results and improved retail trends, underscore the company's strong financial outlook and potential for continued growth.
Bears say
Polaris has generated $142 million in free cash flow for Q3, focusing on improving working capital efficiencies, yet forecasts a declining top-line growth driven by an expected economic slowdown, which could result in lower earnings and free cash flow. The company's projections indicate a 1% decline in sales and a significant contraction in operating margins, decreasing from 5.3% to 1.9%, due to lower off-road sales volumes, higher promotional activity, and negative mix effects in the on-road and marine segments. Additionally, the impact of tariffs and increased operating expenses has led to downward revisions in earnings per share estimates for 2026, signaling persistent financial headwinds and a challenging industry outlook.
This aggregate rating is based on analysts' research of Polaris and is not a guaranteed prediction by Public.com or investment advice.
Polaris (PII) Analyst Forecast & Price Prediction
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