Polaris Expects FY26 Revenue Up 1%-3%

Written by Emily J. Thompson, Senior Investment Analyst

Updated: 1d ago

0mins

Sees FY26 revenue up 1%-3%. The company said, "The Company expects 2026 sales to be up one to three percent versus 2025. The Company expects adjusted diluted EPS attributed to Polaris Inc. common stockholders to be between $1.50 and $1.60, relative to ($0.01) in 2025."

PII

$66.18+Infinity%1D

Analyst Views on PII

Wall Street analysts forecast PII stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for PII is 66.67 USD with a low forecast of 57.00 USD and a high forecast of 72.00 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.

10 Analyst Rating

0 Buy

10 Hold

0 Sell

Hold

Current: 69.110

Low

57.00

Averages

66.67

High

72.00

Current: 69.110

Low

57.00

Averages

66.67

High

72.00

Morgan Stanley

Stephen Grambling

Equal Weight

maintain

$72 -> $81

2026-01-16

Reason

Morgan Stanley

Stephen Grambling

Price Target

$72 -> $81

AI Analysis

2026-01-16

maintain

Equal Weight

Reason

Morgan Stanley analyst Stephen Grambling raised the firm's price target on Polaris to $81 from $72 and keeps an Equal Weight rating on the shares. Gaming, lodging and leisure fundamentals were "muted" in 2025, with select areas of acceleration skewed to companies serving older, wealthier consumers, the analyst tells investors in a 2026 look ahead note on the group. For 2026, the firm expects "more of the same fundamentally," with the added wrinkle of rates boosting goods over services, the analyst added.

Seaport Research

Buy

initiated

$83

2026-01-08

Reason

Seaport Research

Price Target

$83

2026-01-08

initiated

Buy

Reason

Seaport Research initiated coverage of Polaris with a Buy rating and $83 price target. The firm says Polaris is a maker of "high quality" outdoor recreational products. The analyst is positive on the U.S. consumer and trends in outdoor recreation. Powersports market conditions are slowly improving as dealer inventories are moderating, the analyst tells investors in a research note. Seaport believes Polaris shares are undervalued, saying the company's earnings power is being underappreciated.

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Loop Capital

Brandon Rolle

Hold

initiated

$59

2025-11-14

Reason

Loop Capital

Brandon Rolle

Price Target

$59

2025-11-14

initiated

Hold

Reason

Loop Capital analyst Brandon Rolle last night initiated coverage of Polaris with a Hold rating and $59 price target. The firm has a cautious view on the company's long-term outlook. Polaris' approach to inventory management and promotional activity brings concerns about its ability to maintain market share without sacrificing profitability in a normalized retail environment, the analyst tells investors in a research note.

Loop Capital

initiated

$59

2025-11-13

Reason

Loop Capital

Price Target

$59

2025-11-13

initiated

Reason

Loop Capital initiated coverage of Polaris with a Hold rating and $59 price target.

About PII

Polaris Inc. is engaged in the design, engineering, manufacturing and marketing of powersports vehicles. The Company also designs and manufactures or sources parts, garments and accessories (PG&A), which includes aftermarket accessories and apparel. Its Off Road segment consists of off-road vehicles (ORVs) and snowmobiles. Its On Road segment designs and manufactures motorcycles, moto-roadsters, light-duty hauling, and passenger vehicles. Its Marine segment designs and manufactures boats that are designed to compete in key segments of the recreational marine industry, specifically pontoon and deck boats. Its product line-up includes the RANGER, RZR and Polaris XPEDITION and GENERAL side-by-side off-road vehicles; Sportsman all-terrain ORVs; military and commercial off-road vehicles; snowmobiles; Indian Motorcycle mid-size and heavyweight motorcycles; Slingshot moto-roadsters; Aixam quadricycles; Goupil electric vehicles; and pontoon and deck boats, including Bennington pontoons.

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.