Seaport Research Partners Downgrades BRP (NASDAQ:DOO) to Neutral

BRP (NASDAQ:DOO) was downgraded by research analysts at Seaport Research Partners from a “buy” rating to a “neutral” rating in a research note issued on Wednesday, Marketbeat reports.

A number of other research analysts have also weighed in on the company. TD Cowen lowered BRP from a “buy” rating to a “hold” rating in a report on Wednesday. Zacks Research raised BRP from a “hold” rating to a “strong-buy” rating in a report on Friday, March 27th. TD Securities lowered BRP from a “strong-buy” rating to a “hold” rating in a report on Wednesday. Wells Fargo & Company started coverage on BRP in a report on Wednesday, March 11th. They set an “overweight” rating for the company. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of BRP in a report on Monday, March 23rd. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, BRP has a consensus rating of “Hold” and an average target price of $80.50.

BRP Stock Up 7.8%

DOO stock opened at $54.90 on Wednesday. The company has a quick ratio of 0.56, a current ratio of 1.27 and a debt-to-equity ratio of 3.92. The stock has a market cap of $4.03 billion, a price-to-earnings ratio of 18.87 and a beta of 1.15. BRP has a twelve month low of $31.78 and a twelve month high of $81.89. The firm’s 50-day moving average is $71.28.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Quarry LP bought a new position in shares of BRP during the 4th quarter valued at about $30,000. Signaturefd LLC bought a new stake in BRP in the 4th quarter worth approximately $43,000. Quadrant Capital Group LLC bought a new stake in BRP in the 4th quarter worth approximately $89,000. PNC Financial Services Group Inc. bought a new stake in BRP in the 4th quarter worth approximately $142,000. Finally, Intact Investment Management Inc. bought a new stake in BRP in the 4th quarter worth approximately $156,000.

BRP News Summary

Here are the key news stories impacting BRP this week:

• Positive Sentiment: Intraday rebound on heavy volume suggests buyers are exploiting the recent oversold condition and covering short positions; this is likely why the stock is up today despite unresolved tariff risk.
• Neutral Sentiment: BRP suspended its FY27 outlook after warning that proposed new U.S. tariffs could create roughly a $500 million profit headwind, and halted guidance while it assesses the impact. BRP Halts FY27 Outlook
• Negative Sentiment: Market reaction to the tariff announcement was severe — multiple outlets report BRP shares plunged sharply (reports of up to ~33% intraday moves) as investors priced in the tariff shock. Sea-Doo maker BRP hit by US tariff changes
• Negative Sentiment: Brokerages have pulled back on ratings after the tariff news — Canaccord cut DOO from “strong‑buy” to “hold,” TD Cowen cut to “hold,” and National Bank Financial moved it to “sector perform,” increasing selling pressure and reducing near‑term analyst support. Analyst downgrades coverage
• Negative Sentiment: Shareholder law firm Johnson Fistel announced an investigation into possible claims on behalf of BRP investors, signaling potential litigation risk tied to the recent disclosures. Johnson Fistel shareholder investigation

BRP Company Profile

BRP Inc, headquartered in Valcourt, Quebec, designs, manufactures and distributes powersports vehicles and propulsion systems for recreational and utility use. The company traces its roots to the Bombardier family and the early development of the snowmobile, and it operates as a global manufacturer of recreational vehicles and related technologies.

BRP’s product portfolio includes snowmobiles, personal watercraft and sport boats, off-road vehicles (including all-terrain and side-by-side models) and three‑wheel on‑road vehicles.