- Analysts Set BRP Inc. (NASDAQ:DOOO) Target Price at $94.75
Apr 7, 2026 · defenseworld.net
Shares of BRP Inc. (NASDAQ: DOOO - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the fourteen ratings firms that are covering the company, Marketbeat reports. Four analysts have rated the stock with a hold recommendation, eight have given a buy recommendation and two have assigned a strong buy recommendation to the
- BRP (NASDAQ:DOOO) & Strattec Security (NASDAQ:STRT) Head to Head Contrast
Apr 7, 2026 · defenseworld.net
Strattec Security (NASDAQ: STRT - Get Free Report) and BRP (NASDAQ: DOOO - Get Free Report) are both auto/tires/trucks companies, but which is the superior business? We will compare the two companies based on the strength of their valuation, analyst recommendations, risk, dividends, earnings, institutional ownership and profitability. Valuation and Earnings This table compares Strattec Security and
- BRP Q4 Earnings Call Highlights
Mar 28, 2026 · defenseworld.net
BRP (NASDAQ: DOOO) reported a strong finish to fiscal 2026, with management highlighting improving retail trends, significant inventory reductions in its dealer network, and results that came in above the company's guidance. Executives also outlined a wider-than-usual outlook range for fiscal 2027, citing increased macro uncertainty despite continued momentum in dealer orders and retail demand. Leadership
- BRP Q4 Earnings Call Highlights
Mar 26, 2026
BRP logo
Key Points
BRP finished fiscal 2026 above guidance with CAD 8.4 billion in revenue, CAD 1.1 billion normalized EBITDA, normalized EPS of CAD 5.21 and free cash flow > CAD 900 million, ending the year with > CAD 400 million in cash, net leverage 1.8x, a 16% dividend increase and continued share‑buyback activity. Dealer inventories improved significantly—North American dealer inventory was down 17% year‑over‑year (28% vs. two years)—while retail momentum (North America retail +12% in the quarter) and new model launches drove market‑share gains across ORV, ATV and snowmobile segments. For fiscal 2027 BRP gave a wider guidance range—revenue growth 5–8%, normalized EBITDA growth 6–16%, and EPS CAD 5.50–6.50—citing macro uncertainty but assuming a CAD 350–450 million destocking tailwind, ~CAD 750–800 million in free cash flow, and an EV/light‑mobility impairment with a managed annual impact of CAD 25 million. Interested in BRP Inc.? Here are five stocks we like better.
These 2 Powersports Stocks Can Rev Up Your Portfolio
BRP (NASDAQ:DOOO) reported a strong finish to fiscal 2026, with management highlighting improving retail trends, significant inventory reductions in its dealer network, and results that came in above the company’s guidance. Executives also outlined a wider-than-usual outlook range for fiscal 2027, citing increased macro uncertainty despite continued momentum in dealer orders and retail demand.
Leadership transition and fiscal 2026 highlights
During the call, BRP introduced its new CEO, who said he has spent his first two months in the role meeting employees, visiting company sites, and engaging with dealers and partners. He emphasized that BRP has a “culture of innovation and excellence” and described the company as well positioned as a leading powersports OEM.
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Management said BRP navigated fiscal 2026 amid a “volatile tariff environment” and a challenging competitive backdrop as other OEMs worked through excess inventory. Despite those headwinds, the company reported results above its initial expectations and said it made progress “right-sizing” network inventory. Leadership also pointed to actions taken to strengthen the business, including new model introductions, divestiture of two marine businesses, and the launch of its M28 strategic plan.
For the full fiscal year, BRP reported:
Revenue of CAD 8.4 billion Normalized EBITDA of CAD 1.1 billion Normalized EPS of CAD 5.21 Free cash flow of more than CAD 900 million from continuing operations
Inventory position improves as retail strengthens
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Story Continues
Management said BRP ended fiscal 2026 with a healthier dealer inventory position, particularly in North America. Dealer inventory in North America was down 17% year over year and down 28% over two years. Executives said the company reached “optimal levels” for off-road vehicles (ORV) and snowmobiles after a strong quarter of retail activity, and said BRP is progressing toward optimal levels for other product lines.
On retail trends, management reported that North American powersports retail rose 12% in the quarter, supported by positive industry trends and market share gains in ORV and snowmobiles. The company noted a record fourth-quarter ORV performance in Canada.
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Regionally, executives described EMEA markets as muted, with slight growth in ORV and personal watercraft (PWC) offset by weaker snowmobile trends in Scandinavia due to unfavorable snow conditions. Retail in Latin America and Asia Pacific increased 1% in the quarter, which management said was driven by a strong end-of-season for PWC, including the company’s “strongest retail quarter ever” in Brazil.
Product-line commentary: ORV gains and new model momentum
In North America, management said the side-by-side (SSV) industry grew low single digits in the quarter, led by the utility segment and increased adoption of cab units. BRP said Can-Am SSV retail grew high single digits, attributing performance to the launch of the new Defender HD11.
For ATVs, management said industry retail was down mid-single digits, though it was positive when excluding used models. BRP reported Can-Am ATV retail growth in the low teens percentage range, driven by market share gains in higher-displacement categories following recent product introductions.
In snowmobiles, management said the industry was up mid-teens year over year, rebounding from a weak prior-year quarter. BRP said it outpaced the industry again despite competition from discounted and older dealer inventory at other OEMs. The company also referenced the launch of new Ski-Doo and Lynx lineups for the upcoming season, highlighting performance and feature improvements.
Management also noted that the fourth quarter is typically off-season for three-wheel vehicles, PWC, and pontoons, and said retail trends in those categories were softer than last year, partly due to an extended winter season. Executives said the company expects a clearer view of demand once the core retail season begins in late April.
On the impact of new ORV models, management said SSV retail has been up about 10% since October as new models reached dealer showrooms. BRP said it achieved its “highest third and fourth quarter market share ever” in the utility segment and reported that repricing of certain model year 2026 SSVs contributed to an almost 4-point market share gain for that model in the fourth quarter. In ATVs, the company said the updated Outlander platform and new high-displacement models delivered a market share gain of almost 9 points.
Quarterly results, EV impairment, and capital returns
For the fourth quarter, the CFO said revenue increased 16% to CAD 2.5 billion, with double-digit growth across product categories, driven by PWC, snowmobile, and ORV shipments, favorable product mix, and positive pricing net of sales programs.
BRP also recorded an impairment charge related to EV and light mobility assets. Management said it entered those markets during rapid expansion and invested with a long-term mindset, but adoption has since slowed and market dynamics have become more challenging. The CFO said the company recorded the impairment due to a reduced outlook for returns, while maintaining its plan to continue selling EV products already developed and to limit annual financial impact to CAD 25 million.
Excluding the impact of some EV write-down classified as cost of sales, BRP reported gross profit of CAD 582 million and a gross margin of 23.7%, up 380 basis points year over year. Management attributed the improvement to better capacity utilization, lower sales programs, and favorable pricing, partially offset by tariffs, higher warranty expense, and the return of variable compensation. Normalized EBITDA rose 47% to CAD 364 million and normalized EPS more than doubled to CAD 2.21.
BRP ended the year with over CAD 400 million in cash and a net leverage ratio of 1.8 times. The company announced a 16% dividend increase and said it plans to be active with share buybacks, noting more than 2.6 million shares remain authorized under its normal course issuer bid.
Fiscal 2027 outlook: wider guidance range amid uncertainty
BRP guided fiscal 2027 revenue growth of 5% to 8%, normalized EBITDA growth of 6% to 16%, and normalized EPS of CAD 5.50 to CAD 6.50. Management said it entered the year with momentum from strong retail performance and demand for newly introduced models, alongside better wholesale-to-retail alignment as inventory rightsizing winds down.
Executives said recent events increased uncertainty in the broader environment, prompting the wider-than-usual guidance range. While BRP said it has not seen a material impact on demand so far, it described an alternative scenario in which demand softens later in the year to a mid-single digit industry decline, leading to adjustments primarily in the second half.
Key assumptions and factors discussed on the call included:
Industry expectations: flat overall powersports industry, with low single-digit ORV industry growth; BRP expects ORV market share gains Destocking tailwind: management quantified a CAD 350 million to CAD 450 million positive tailwind in fiscal 2027, depending on where results fall within the guidance range Tariffs: BRP assumed a flat year-over-year tariff impact of about CAD 90 million and did not include potential savings tied to a Supreme Court ruling Oil and freight/commodity impact: management said moving oil assumptions from $60 to $100 per barrel represented about a 60-basis-point headwind baked into guidance Sales programs: BRP built a 50-basis-point tailwind in fiscal 2027, with management noting that a more promotional environment could eliminate that benefit in a downside scenario Lean initiatives: BRP delivered CAD 150 million last year and built 100 basis points of benefit from lean initiatives into the fiscal 2027 guidance OpEx: management plans targeted investments to support M28 objectives, with OpEx expected to be stable year over year as a percentage of revenue
Management also provided an EBITDA margin framework, indicating that at the top end of guidance BRP expects an EBITDA margin just shy of 14%, and at the low end just north of 13%.
On dealer network expansion, management said BRP added 36 dealers in North America (mainly in the U.S.) during fiscal 2026 and described continued under-penetration in certain U.S. states. Executives said many new points of sale are “existing dealers” adding rooftops or acquiring dealerships and bringing in BRP’s brand, and that they are not seeing significant friction with the existing dealer base.
BRP also said it expects another strong free cash flow year in fiscal 2027, citing a range of roughly CAD 750 million to CAD 800 million, with CapEx expected around CAD 400 million.
About BRP (NASDAQ:DOOO)
BRP Inc, operating under the brand name Bombardier Recreational Products, is a leader in designing, manufacturing and distributing recreational vehicles and propulsion systems for winter, on-road, off-road and water lifestyles. The company's diversified portfolio includes snowmobiles, personal watercraft, all-terrain vehicles and roadsters, all powered by in-house Rotax engines. With a focus on innovation and performance, BRP has positioned itself at the forefront of the powersports industry.
At the heart of BRP's product lineup are its flagship Ski-Doo snowmobiles and Sea-Doo personal watercraft, which serve both recreational and professional segments.
The article "BRP Q4 Earnings Call Highlights" was originally published by MarketBeat.
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- Stocks Fall Pre-Bell as Traders Monitor Middle East Conflict Developments
Mar 26, 2026
US equity markets were pointing lower before the opening bell Thursday as traders continue to monito
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- BRP Inc. (NASDAQ:DOOO) Receives $84.40 Average PT from Brokerages
Feb 16, 2026 · defenseworld.net
BRP Inc. (NASDAQ: DOOO - Get Free Report) has been assigned an average rating of "Moderate Buy" from the seventeen ratings firms that are currently covering the stock, Marketbeat reports. Five equities research analysts have rated the stock with a hold recommendation, nine have given a buy recommendation and three have assigned a strong buy recommendation
- BRP Inc. (NASDAQ:DOOO) Receives $84.40 Consensus Price Target from Brokerages
Jan 22, 2026 · defenseworld.net
Shares of BRP Inc. (NASDAQ: DOOO - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the eighteen ratings firms that are covering the company, MarketBeat reports. Five equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and four have given a strong buy
- Is BRP Stock a Buy After QV Investors Loads Up on Shares Worth Nearly $32 Million?
Jan 20, 2026
Key Points
QV Investors Inc. acquired 447,754 shares of BRP in a new position, with an estimated trade value of $31.70 million based on quarterly average pricing. The quarter-end position value increased by $31.70 million, reflecting both the purchase and stock price movement. This transaction represents a 2.5% change in QV Investors’ 13F reportable assets under management. This is a new position for QV Investors Inc., which reported 63 total holdings after the quarter. These 10 stocks could mint the next wave of millionaires ›
What happened
According to a January 20, 2026, SEC filing, QV Investors Inc. established a new position in BRP(NASDAQ:DOOO) by purchasing 447,754 shares. The estimated transaction value is $31.70 million, based on the quarterly average price. At quarter-end, the position was valued at $31.70 million, mirroring the net position change reported for the period.
What else to know
This was a new position; the post-trade stake accounts for 2.5% of QV Investors’ 13F assets under management.
Top holdings after the filing:
NYSE: GIB: $67.88 million (5.9% of AUM) NYSE: RY: $66.85 million (5.8% of AUM) NYSE: SLF: $60.23 million (5.2% of AUM) NYSE: ENB: $59.52 million (5.2% of AUM) TSE: CNR: $55.23 million (4.8% of AUM)
As of January 16, 2026, shares were priced at $78.19, down 7.8% from the 52-week high.
BRP reported an annualized dividend yield of 0.79% and a forward price-to-earnings ratio of 20.88 as of January 20, 2026.
Company overview
Metric Value Dividend yield 0.79% Price (as of January 16, 2026) $78.19 Forward P/E 20.88 Percentage off 52-week high 7.8%
Company snapshot
Products and services: BRP designs, manufactures, and distributes recreational vehicles and powersports equipment, including snowmobiles, watercraft, and ATVs. Business model: The company generates revenue primarily through the sale of vehicles and aftermarket products, leveraging a global dealer network and brand portfolio. Customer base: BRP serves outdoor enthusiasts, recreational users, and commercial operators seeking high-performance powersports solutions.
BRP is a recognized player in the global recreational vehicle and powersports market, maintaining a competitive edge through strong brand recognition, a broad dealer network, and ongoing investment in product development.
What this transaction means for investors
Canadian wealth management company QV Investors initiating a stake in BRP is noteworthy since it suggests the firm has a bullish outlook towards the stock. The sentiment makes sense given BRP’s business performance.
The company reported a 14% year-over-year increase in revenue to 2.3 billion Canadian dollars in its fiscal third quarter ended Oct. 31. The sales growth was due to the successful introduction of new products.
Story Continues
The rise in revenue contributed to an increase in fiscal Q3 net income, which more than doubled to CA$76.5 million, up from the prior year’s CA$30.6 million.
BRP CEO José Boisjoli stated, “Given our product lineups, leaner inventory position and solid dealer network, we are the best-positioned OEM for an industry rebound.“
With its new product lineup delivering strong sales, and the company’s profits growing, BRP is a solid company to invest in. Its forward price-to-earnings ratio of 20.88 is higher than it’s been over the past year, so wait for the stock price to drop before deciding to buy.
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Is BRP Stock a Buy After QV Investors Loads Up on Shares Worth Nearly $32 Million? was originally published by The Motley Fool
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- Is BRP Stock a Buy After QV Investors Loads Up on Shares Worth Nearly $32 Million?
Jan 20, 2026 · fool.com
QV Investors Inc. acquired 447,754 shares of BRP in a new position, with an estimated trade value of $31.70 million based on quarterly average pricing. The quarter-end position value increased by $31.70 million, reflecting both the purchase and stock price movement.
- BRP (TSE:DOO) Is Paying Out A Dividend Of CA$0.215
Dec 21, 2025
BRP Inc.'s (TSE:DOO) investors are due to receive a payment of CA$0.215 per share on 14th of January. This payment means the dividend yield will be 0.9%, which is below the average for the industry.
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BRP's Projected Earnings Seem Likely To Cover Future Distributions
It would be nice for the yield to be higher, but we should also check if higher levels of dividend payment would be sustainable. Before making this announcement, BRP was easily earning enough to cover the dividend. As a result, a large proportion of what it earned was being reinvested back into the business.
The next year is set to see EPS grow by 183.4%. If the dividend continues along recent trends, we estimate the payout ratio will be 11%, which is in the range that makes us comfortable with the sustainability of the dividend.TSX:DOO Historic Dividend December 21st 2025
See our latest analysis for BRP
BRP's Dividend Has Lacked Consistency
Looking back, BRP's dividend hasn't been particularly consistent. This makes us cautious about the consistency of the dividend over a full economic cycle. The dividend has gone from an annual total of CA$0.32 in 2016 to the most recent total annual payment of CA$0.86. This means that it has been growing its distributions at 12% per annum over that time. BRP has grown distributions at a rapid rate despite cutting the dividend at least once in the past. Companies that cut once often cut again, so we would be cautious about buying this stock solely for the dividend income.
The Dividend Has Growth Potential
With a relatively unstable dividend, it's even more important to evaluate if earnings per share is growing, which could point to a growing dividend in the future. We are encouraged to see that BRP has grown earnings per share at 6.0% per year over the past five years. Growth in EPS bodes well for the dividend, as does the low payout ratio that the company is currently reporting.
Our Thoughts On BRP's Dividend
Overall, a consistent dividend is a good thing, and we think that BRP has the ability to continue this into the future. The payout ratio looks good, but unfortunately the company's dividend track record isn't stellar. Taking all of this into consideration, the dividend looks viable moving forward, but investors should be mindful that the company has pushed the boundaries of sustainability in the past and may do so again.
Story Continues
It's important to note that companies having a consistent dividend policy will generate greater investor confidence than those having an erratic one. At the same time, there are other factors our readers should be conscious of before pouring capital into a stock. As an example, we've identified 2 warning signs for BRP that you should be aware of before investing. If you are a dividend investor, you might also want to look at our curated list of high yield dividend stocks.
Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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