Polaris (NYSE:PII) Given New $72.00 Price Target at Robert W. Baird

Polaris (NYSE:PII) had its price objective lifted by equities researchers at Robert W. Baird from $70.00 to $72.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Robert W. Baird’s price target would indicate a potential upside of 1.09% from the stock’s current price.

PII has been the subject of several other reports. Roth Capital reissued a “neutral” rating on shares of Polaris in a report on Wednesday, April 29th. Morgan Stanley reduced their target price on Polaris from $74.00 to $69.00 and set an “equal weight” rating on the stock in a report on Tuesday, May 19th. Weiss Ratings reiterated a “sell (d)” rating on shares of Polaris in a research report on Tuesday, July 7th. Wells Fargo & Company boosted their price target on Polaris from $60.00 to $65.00 and gave the company an “equal weight” rating in a report on Friday, July 10th. Finally, Citigroup upped their price target on Polaris from $58.00 to $70.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Polaris presently has a consensus rating of “Hold” and an average price target of $65.22.

Polaris Price Performance

PII stock opened at $71.23 on Wednesday. The company has a quick ratio of 0.48, a current ratio of 1.21 and a debt-to-equity ratio of 2.72. The stock’s 50 day moving average is $69.10 and its two-hundred day moving average is $64.28. The company has a market capitalization of $4.05 billion, a PE ratio of -9.09 and a beta of 1.25. Polaris has a 52-week low of $47.14 and a 52-week high of $77.98.

Polaris (NYSE:PII) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $1.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $1.21. Polaris had a negative net margin of 6.13% and a positive return on equity of 5.91%. The firm had revenue of $2.02 billion for the quarter, compared to analysts’ expectations of $1.95 billion. During the same period in the prior year, the company posted ($1.39) earnings per share. The firm’s quarterly revenue was up 9.2% on a year-over-year basis. Polaris has set its FY 2026 guidance at 3.000-3.100 EPS. Analysts predict that Polaris will post 1.76 earnings per share for the current fiscal year.

Institutional Trading of Polaris

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Kemnay Advisory Services Inc. bought a new stake in shares of Polaris in the 4th quarter worth approximately $27,000. Danske Bank A S grew its position in shares of Polaris by 150.0% during the fourth quarter. Danske Bank A S now owns 500 shares of the company’s stock worth $32,000 after acquiring an additional 300 shares during the last quarter. Elevation Wealth Partners LLC grew its position in shares of Polaris by 471.0% during the second quarter. Elevation Wealth Partners LLC now owns 571 shares of the company’s stock worth $39,000 after acquiring an additional 471 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Polaris in the 4th quarter worth about $40,000. Finally, Bard Associates Inc. acquired a new stake in shares of Polaris in the 4th quarter worth about $46,000. 88.06% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Polaris

Here are the key news stories impacting Polaris this week:

• Positive Sentiment: Polaris reported second-quarter 2026 adjusted earnings of $1.97 per share, well above the roughly $0.76–$0.77 consensus, while revenue increased 9.2% year over year to $2.02 billion, exceeding estimates near $1.95 billion. Polaris quarterly earnings report
• Positive Sentiment: Management raised or reaffirmed an optimistic full-year 2026 outlook, calling for EPS of $3.00–$3.10 and revenue of approximately $7.3–$7.5 billion. The quarter benefited from stronger utility off-road vehicle demand, sales growth and market-share gains. Polaris tops earnings and revenue estimates
• Neutral Sentiment: The earnings call highlighted a continuing recovery in powersports sales, but demand remains mixed. Utility off-road products are performing well, while recreational demand is still volatile, creating uncertainty around the pace of future recovery. Polaris: Reason For Cautious Optimism
• Negative Sentiment: A meaningful portion of the margin improvement reportedly came from a one-time tariff refund, making the earnings quality less repeatable. Ongoing tariffs and related costs remain headwinds, and investors may be concerned that underlying profitability will be weaker after the benefit fades. Polaris Q2 results and tariff refunds
• Negative Sentiment: Some commentary suggests the recent rally has left Polaris potentially overvalued by about 10%, raising the bar for additional gains even after the earnings beat. Polaris valuation analysis

About Polaris

Polaris Inc, founded in 1954 and headquartered in Medina, Minnesota, is a diversified manufacturer of powersports vehicles and related products. Initially gaining prominence with its snowmobiles, Polaris expanded its portfolio over the decades to include all-terrain vehicles (ATVs), side-by-side off-road vehicles, and motorcycles. The company’s legacy in recreational and utility vehicle innovation stems from early engineering breakthroughs that established Polaris as a leading name in off-road mobility.

Today, Polaris offers a broad range of products under well-known brands such as Polaris RANGER and POLARIS SPORTSMAN for utility and recreation markets, Slingshot three-wheel roadsters for on-road enthusiasts, and the Indian Motorcycle brand for premium two-wheeled touring and cruiser segments.