Polaris (NYSE:PII) Given New $60.00 Price Target at Wells Fargo & Company

Polaris (NYSE:PII) had its price target upped by Wells Fargo & Company from $52.00 to $60.00 in a report issued on Wednesday,Benzinga reports. Wells Fargo & Company currently has an equal weight rating on the stock.

Other equities analysts also recently issued research reports about the stock. Morgan Stanley cut their price target on shares of Polaris from $81.00 to $74.00 and set an “equal weight” rating on the stock in a research note on Tuesday, February 17th. Raymond James Financial reissued an “outperform” rating on shares of Polaris in a research note on Wednesday. Royal Bank Of Canada lowered their price objective on shares of Polaris to $67.00 and set a “sector perform” rating for the company in a research note on Tuesday, January 27th. Robert W. Baird boosted their price objective on shares of Polaris from $67.00 to $70.00 and gave the company a “neutral” rating in a research note on Wednesday. Finally, Roth Mkm reissued a “neutral” rating on shares of Polaris in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Polaris has a consensus rating of “Hold” and a consensus price target of $65.11.

Polaris Price Performance

Polaris stock opened at $67.33 on Wednesday. Polaris has a 12-month low of $31.85 and a 12-month high of $75.25. The stock has a market capitalization of $3.82 billion, a P/E ratio of -8.23 and a beta of 1.17. The firm’s 50-day moving average is $56.83 and its two-hundred day moving average is $63.42. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.98 and a quick ratio of 0.35.

Polaris (NYSE:PII) last announced its quarterly earnings data on Monday, April 27th. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of ($0.43) by $0.56. Polaris had a negative net margin of 6.51% and a negative return on equity of 0.05%. The business had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.65 billion. During the same period in the prior year, the firm posted ($0.90) EPS. The company’s revenue was up 8.0% on a year-over-year basis. Polaris has set its FY 2026 guidance at 1.600-1.700 EPS. Equities analysts predict that Polaris will post 1.72 earnings per share for the current year.

Insider Activity at Polaris

In related news, SVP James P. Williams sold 5,243 shares of the firm’s stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $67.17, for a total value of $352,172.31. Following the transaction, the senior vice president owned 48,645 shares in the company, valued at approximately $3,267,484.65. This trade represents a 9.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Michael T. Speetzen sold 35,086 shares of the firm’s stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $66.83, for a total transaction of $2,344,797.38. Following the completion of the transaction, the chief executive officer owned 136,362 shares in the company, valued at $9,113,072.46. The trade was a 20.46% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 50,419 shares of company stock worth $3,371,183. Company insiders own 2.40% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Auto Owners Insurance Co raised its holdings in Polaris by 6,225.0% in the fourth quarter. Auto Owners Insurance Co now owns 65,463,750 shares of the company’s stock valued at $4,140,582,000 after buying an additional 64,428,750 shares during the period. State Street Corp raised its holdings in Polaris by 15.7% in the second quarter. State Street Corp now owns 3,137,866 shares of the company’s stock valued at $127,554,000 after buying an additional 426,482 shares during the period. AQR Capital Management LLC raised its holdings in Polaris by 30.1% in the third quarter. AQR Capital Management LLC now owns 2,281,101 shares of the company’s stock valued at $132,600,000 after buying an additional 528,300 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of Polaris by 166.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,929,773 shares of the company’s stock valued at $122,058,000 after purchasing an additional 1,204,405 shares during the period. Finally, American Century Companies Inc. raised its stake in shares of Polaris by 24.2% during the third quarter. American Century Companies Inc. now owns 1,450,670 shares of the company’s stock valued at $84,328,000 after purchasing an additional 282,570 shares during the period. Hedge funds and other institutional investors own 88.06% of the company’s stock.

Key Stories Impacting Polaris

Here are the key news stories impacting Polaris this week:

• Positive Sentiment: Q1 results beat expectations — Polaris reported $0.13 EPS vs. a consensus loss and revenue of $1.66B (up 8% yr/yr); management set FY‑2026 EPS guidance of $1.60–$1.70, which supports the rally. Polaris Inc (PII) Q1 2026 Earnings Call Highlights
• Positive Sentiment: Technical upgrade: Polaris received a relative strength rating upgrade and hit a key technical benchmark, which can attract momentum/technical traders. Polaris scores relative strength rating upgrade; hits key benchmark
• Positive Sentiment: Index/ETF interest: recent coverage highlights Polaris in the Russell 1000/index mobility story — index reweighting or ETF buying could provide incremental demand. What Makes Russell 1000 ETF Attractive After Polaris Gains?
• Neutral Sentiment: Analyst actions are mixed — Robert W. Baird raised its price target to $70 but kept a neutral rating; Wells Fargo raised its target to $60 and rates the stock equal‑weight. These moves show cautious optimism but no outright buy conviction. Baird & Wells Fargo coverage (summary)
• Neutral Sentiment: Independent coverage and investor guidance material (earnings slides and full call transcript) are now available for deeper due diligence. Polaris Inc. (PII) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Put buying spiked — unusual options activity showed ~2,385 puts traded (≈218% above normal), signaling some investors are hedging or speculating on downside. (May weigh on short‑term sentiment.)
• Negative Sentiment: Underlying profitability metrics remain a concern despite the beat: Polaris reported a negative net margin and near‑zero ROE, which leaves longer‑term fundamentals in question for value investors. Polaris earnings summary and press release
• Negative Sentiment: Some commentary asks whether now is a time to sell/take profits after the move — cautionary pieces highlight valuation and execution risks. Should you sell your Polaris stock?

Polaris Company Profile

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.