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BRP Inc. Reports Strong Q3 2026 Results and Ticker Symbol Change

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BRP Inc. Reports Strong Q3 2026 Results and Ticker Symbol Change

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An update from BRP ( (TSE:DOO) ) is now available.

BRP Inc. reported a strong financial performance for the third quarter of fiscal year 2026, with revenues reaching $2,250.3 million, a 14% increase from the previous year, and net income rising by 150% to $76.5 million. This growth was driven by higher off-road vehicle deliveries and a favorable product mix following the launch of new products. Despite a 4% decrease in North American powersports retail sales, BRP gained market share in the off-road vehicle segment. The company has increased its full-year guidance for normalized diluted earnings per share to approximately $5.00. Additionally, BRP announced a change in its NASDAQ ticker symbol from ‘DOOO’ to ‘DOO’, effective December 8, 2025, aligning its stock market symbols across both the TSX and NASDAQ.

The most recent analyst rating on (TSE:DOO) stock is a Hold with a C$105.00 price target. To see the full list of analyst forecasts on BRP stock, see the TSE:DOO Stock Forecast page.

Spark’s Take on TSE:DOO Stock

According to Spark, TipRanks’ AI Analyst, TSE:DOO is a Neutral.

BRP’s overall stock score is driven by strong technical indicators and revenue growth, but is significantly hampered by poor profitability and high leverage. The technical analysis shows bullish momentum, which is a positive sign for short-term investors. However, the negative P/E ratio and high debt levels present substantial risks. Investors should be cautious of the overbought technical indicators, which could lead to a correction.

To see Spark’s full report on TSE:DOO stock, click here.

More about BRP

BRP Inc. is a company based in Valcourt, Quebec, Canada, operating in the powersports industry. It specializes in manufacturing recreational vehicles such as snowmobiles, watercraft, and all-terrain vehicles (ATVs). The company is known for its innovative products and has a significant market presence in North America.

Average Trading Volume: 178,811

Technical Sentiment Signal: Buy

Current Market Cap: C$7.1B

Learn more about DOO stock on TipRanks’ Stock Analysis page.

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