BRP Inc. (NASDAQ:DOOO), a leading name in the recreational products industry, has recently been the subject of positive analyst attention. National Bank elevated its rating of BRP's stock from "Sector Perform" to "Outperform," reflecting an optimistic stance on the company's future performance. At the time of this upgrade, the stock was trading at $77.22.
In its Q3 2026 earnings call, BRP showcased its strong financial health, reporting earnings of $1.15 per share, which not only surpassed the Zacks Consensus Estimate of $0.88 but also represented a 30.68% earnings surprise. This performance is a significant improvement from the $0.85 per share reported in the same quarter the previous year. BRP's consistent ability to exceed consensus EPS estimates over the past four quarters highlights its robust financial standing.
Moreover, BRP announced revenues of $1.63 billion for the quarter ending October 2025, beating the Zacks Consensus Estimate by 11.73%. This revenue figure marks a substantial increase from the $1.43 billion reported in the same period last year, further emphasizing the company's strong market position and growth trajectory.
The stock has garnered a "Moderate Buy" consensus recommendation from eighteen ratings firms, according to MarketBeat. This consensus includes a diverse range of opinions, with one analyst rating it as a sell, six as hold, eight as buy, and three as strong buy. Analysts have set an average twelve-month price target of $79.60 for the stock, indicating a positive future outlook.
Recent brokerage updates have also been favorable for BRP. Citigroup shifted its rating from "neutral" to "buy," with a price objective increase from $68.00 to $73.00. The Royal Bank Of Canada raised its price target from $100.00 to $107.00, maintaining an "outperform" rating. Wall Street Zen adjusted its rating from "strong-buy" to "buy." Currently, DOOO is trading at $77.23, reflecting a 9.13% increase, with a market capitalization of approximately $5.64 billion.
