Brunswick Upgraded to Buy with $115 Price Target by Jefferies
Written by Emily J. Thompson, Senior Investment Analyst
Source: CNBC
- Analyst Upgrade: Jefferies analyst upgraded Brunswick from hold to buy, raising the price target from $65 to $115, suggesting a 52% upside, reflecting optimism about future consumer spending.
- Interest Rate Impact: If the Fed further cuts rates in 2026, lower borrowing costs could stimulate consumer interest in big-ticket items like boats, driving sales growth for Brunswick.
- Consumer Spending Recovery: Euromonitor data indicates that consumer expenditures on 'other major recreation durables' are expected to grow at about 6% in 2026, suggesting a recovery in discretionary spending on boats, which will benefit Brunswick.
- Earnings Forecast Revision: Analysts project Brunswick's 2027 earnings per share to exceed Wall Street consensus by over 50%, driven by accelerating revenue and improved profit margins, indicating a structurally improved business model for the company.
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Analyst Views on BC
Wall Street analysts forecast BC stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for BC is 81.36 USD with a low forecast of 70.00 USD and a high forecast of 115.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
7 Buy
6 Hold
0 Sell
Moderate Buy
Current: 85.770
Low
70.00
Averages
81.36
High
115.00
Current: 85.770
Low
70.00
Averages
81.36
High
115.00
About BC
Brunswick Corporation designs, manufactures and markets recreational marine products, including marine propulsion products and boats, as well as parts and accessories for the marine and RV markets. Its segments include Propulsion, Engine Parts and Accessories (Engine P&A), Navico Group, and Boat. The Propulsion segment designs, manufactures, and sells engines, controls, rigging, and propellers globally. The Engine P&A segment sells products such as engine parts and consumables, including oils and lubricants, electrical products, boat parts and systems, and also includes its marine parts and accessories distribution businesses. The Navico Group segment designs, develops, manufactures, and markets products and systems for the marine, RV, specialty vehicle, mobile and industrial markets, as well as aftermarket channels. The Boat segment consists of the Brunswick Boat Group (Boat Group), which manufactures and distributes recreational boats, and business acceleration.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Brunswick to Announce Q4 Earnings on January 29
- Earnings Announcement: Brunswick is set to release its Q4 2023 earnings on January 29 before market open, with consensus estimates predicting an EPS of $0.57 and revenue of $1.21 billion, reflecting a 5.2% year-over-year growth, which will provide crucial performance insights for investors.
- Performance Expectations: Over the past two years, Brunswick has beaten EPS estimates 63% of the time and revenue estimates 63% of the time, indicating a consistent performance and profitability in the market.
- Estimate Revision Trends: In the last three months, EPS estimates have seen three upward revisions and four downward revisions, while revenue estimates have experienced three upward and three downward revisions, suggesting a divergence in market sentiment regarding Brunswick's future performance.
- Industry Optimism: With Loop Capital initiating coverage on the boating industry amid optimism, Brunswick's AI-powered innovations showcased at CES further bolster market confidence in its growth potential.
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Brunswick Corporation Shines at Düsseldorf Boat Show with Record Sales and Awards
- Market Share Leadership: Mercury Marine showcased over 50% of all outboard engines at the Düsseldorf Boat Show, nearly tripling its nearest competitor, with more than 70% share in the 300hp+ engine segment, reinforcing its leadership position in the market.
- Strategic Partnership Expansion: Mercury signed two exclusive five-year supply agreements with deAntonio Yachts and Technohull, and over the past year, it has initiated or renewed partnerships with more than ten top European boat builders, with additional strategic collaborations anticipated in 2026, enhancing its long-term commercial position.
- Significant Sales Growth: Brunswick's premium brands Boston Whaler and Navan recorded year-over-year unit sales growth, while Sea Ray posted strong large boat sales, collectively delivering a 15% revenue increase compared to the 2025 Show, indicating strong brand market appeal.
- Award-Winning Product Innovation: Sea Ray's SDX 270 Surf won the European Power Boat of the Year Award, and Navan's S30 received the MotorBoat Award in the Best Weekender category, highlighting Brunswick's ongoing success in product innovation and market recognition.
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