NYSE: PII

Polaris (PII) Stock Analysis & Forecast

Oct 12 close

$51.22−0.38 (−0.7%)

Gekko Brief

AI summaryOct 12 close

This week's news on Polaris centers on analyst sentiment following its Q2 2026 results. Sell-side firms maintained cautious stances, with a consensus "Hold" rating and a 12-month price target of $65.89 cited in one report. Robert W. Baird lowered its target from $72.00 to $65.00 while keeping a neutral rating, and UBS cut its target from $67.00 to $61.00, also maintaining a Neutral rating, pointing to valuation discipline and promotional pressure in the powersports market. Separately, Polaris Government and Defense unveiled the MRZR Alpha concept vehicle at a defense show in Perth, Australia, and the company scheduled its third-quarter 2026 earnings call for October 27.

Polaris closed at $51.22, down 0.7%, trading below both its 50-day average of $60.59 and 200-day average of $63.46, with the 50-day below the 200-day. The stock sits near its 52-week low of $47.14, down 12.5% over one month and 24.1% over three months. The GekkoIndex reads 67.5, placing it in the Accumulation zone, while the price stands 21.4% below Gekko Fair Value of $65.13.

Earnings are scheduled for 26 October 2026, 14 days away, falling inside a typical 20-trading-day holding window; the last report saw a 9.9% reaction. No insider, Congress, or unusual options activity appears in their respective windows. Seasonality data shows the next 20 trading days averaged a 0.2% return over 5 years, rising in 2 of those years. Analyst coverage remains entirely Hold-rated across 10 firms.

Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.

Polaris price vs fair value

$65.13$51.22Oct ’25Apr ’26Oct ’26
Close $51.22200-day averageGekko Fair Value $65.13

Polaris quick facts

Market cap
$2.91B
P/E ratio
—
Forward P/E
13.1
EPS, TTM
−$4.61
Revenue, TTM
$7.52B
Profit margin
-3.5%
Dividend yield
5.11%
Beta
1.34
Volume
495,241 avg 821,094
1-year return
−18.2%
Typical daily move
±2.7%
Typical 20-day move
±6.5%
50-day average
$60.59
200-day average
$63.46
Next earnings
Oct 26
Shares outstanding
56.90M
52-week range
$47.14$77.98

Polaris swing-trade checklist

Polaris scores 2 supportive, 1 mixed and 2 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

2 supportive1 mixed2 headwinds

  • Trendheadwind

    Below 50 and 200-day

    Close $51.22 is below the 50-day ($60.59) and 200-day ($63.46) averages, and the 50-day is below the 200-day.

    See the chart
  • GekkoIndexsupportive

    67.5, Accumulation

    Reading 67.5 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    21.4% below

    Price is 21.4% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings riskheadwind

    Reports in 14 days

    Reports on Oct 26, 2026, 14 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalitymixed

    +0.2% on average

    From this point in the calendar, the next 20 trading days averaged +0.2% over 5 years, rising in 2 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Polaris stock chart and price history

Polaris closed at $51.22 on Oct 12, 2026, −18.2% over the past year, inside a 52-week range of $47.14 to $77.98.

Close50-day average200-day averageVolume
Polaris share price, past year, with 50-day and 200-day moving averages and volume$60$70NovDecJan 2026FebMarAprMayJunJulAugSepOct51.22

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−12.5%
3 months
−24.1%
6 months
−7.2%
1 year
−18.2%
The full PII chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open PII in Gekko

Follow Polaris through every session

Put PII on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

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About Polaris

Polaris makes powersports vehicles, covering off-road machines such as ATVs and side-by-side utility vehicles, snowmobiles, snow bike conversion kits, and light-duty transport and industrial vehicles, along with on-road motorcycles, quadricycles and moto-roadsters. It also builds pontoon and deck boats for the water. Alongside the vehicles, the company sells a wide range of add-ons, from winches, plows and tracks to cab systems, lighting and wheels, plus snowmobile covers, bags and starters, motorcycle exhausts and trim, and riding gear like helmets, jackets, gloves and boots.

The business runs through three segments, Off-Road, On-Road and Marine, each tied to a different set of vehicles and accessories. Products reach customers through dealers and distributors, Polaris's own online stores, and a network of 101 physical retail locations, supported by call centers for parts and apparel orders.

Polaris was founded in 1954 under the name Polaris Industries Inc. and is headquartered in Medina, Minnesota. Its shares are listed on the NYSE under the ticker PII.

Listed
NYSE
Sector
Consumer durables
Industry
Recreational products
Website
polaris.com

Polaris GekkoIndex: the smart money zone

Polaris’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 67.5, in the Accumulation zone, up 0.1 points over five sessions.

010067.5Accumulation

Up 0.1 points over five sessions.

Reading for Oct 12, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying66−1.5%−1.5%−4.4%−9.0%
Accumulation (current zone)252−0.2%−1.6%−3.3%−4.9%
Neutral3490.0%+0.5%+1.2%+2.1%
Distribution10−1.5%−1.6%+2.2%+9.3%
Selling5Too few readings yet

Average PII share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.2% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the PII price, zone by zone.Track PII in Gekko

Is Polaris stock overvalued? Gekko Fair Value

Polaris trades 21.4% below Gekko Fair Value of $65.13, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Polaris shares are worth, recalculated every trading day.

$65.13

Gekko Fair Value, Oct 10, 2026

21.4% Undervalued

At the end of Aug 2026 the price was 6.0% below the estimate.

Gekko Fair ValueShare price, month end
$65$52Aug 2026SepOct 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open PII in Gekko

Polaris insider and Congress trading

No open-market insider purchases were filed for Polaris, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for PII in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every PII insider filing, plotted on the chart in Gekko.Open PII in Gekko

Congress trades last 90 days

No trades in PII were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for PII, plotted on the chart in Gekko.Open PII in Gekko

Buybacks

Polaris has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$100K
As a share of market cap
0.00%

From company filings.

Hedge funds and billionaires quarter ended Dec 31

0of the funds Gekko tracks hold PII.

0added0opened0trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko

Polaris earnings: next date and track record

Polaris reports on Oct 26, 2026 (14 days away), and beat the EPS estimate in 7 of its last 8 reports.

7 of 8reports beat the EPS estimate
±8.3%average move across the report
3 of 8reports followed by a gain

Share-price move across each report

−13.1%Oct ’24−13.7%Jan ’25+0.7%Apr ’25+7.2%Jul ’25−5.0%Oct ’25−6.0%Jan ’26+10.7%Apr ’26−9.9%Jul ’26

Last earnings call, Jul 28, 2026 AI summary

What they said
Polaris reported Q2 2026 sales growth of 9% (17% excluding Indian Motorcycle), driven by double-digit Powersports growth led by ORV and 16% marine growth. Adjusted EPS was $1.97, including a $74M IEEPA tariff refund benefit; operational adjusted EPS of $1.01 exceeded the $0.70-$0.80 target range. ORV gained North American retail share for the fifth consecutive quarter with retail up 5%, while Ranger utility line grew over 10%. Operational gross profit margins expanded 82 basis points excluding tariff refunds despite $32M in ongoing tariff headwinds.
Guidance
Management raised full-year 2026 guidance based on strong first-half momentum and tariff refund benefits. Despite macroeconomic uncertainty, Polaris expressed confidence in continued share gains, healthy dealer inventory, and operational execution improvements driving profitability.
ReportedEPSSurpriseRevenueSurpriseMove
Jul 28, 2026$1.97
est $0.72
+172.9%$2.02B
est $1.94B
+4.5%−9.9%
Apr 27, 2026$0.13
est −$0.40
+132.5%$1.66B
est $1.63B
+1.9%+10.7%
Jan 27, 2026$0.08
est $0.06
+33.3%$1.92B
est $1.81B
+5.9%−6.0%
Oct 28, 2025$0.41
est $0.23
+78.3%$1.84B
est $1.79B
+3.1%−5.0%
Jul 29, 2025$0.40
est $0.05
+700.0%$1.85B
est $1.67B
+10.6%+7.2%
Apr 29, 2025−$0.90
est −$0.91
+1.1%$1.54B
est $1.82B
−15.7%+0.7%
Jan 28, 2025$0.92
est $0.90
+2.2%$1.76B
est $1.53B
+14.6%−13.7%
Oct 22, 2024$0.73
est $0.91
−19.8%$1.72B
est $1.74B
−0.8%−13.1%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Polaris stock forecast and analyst price targets

Analysts’ average 12-month price target for Polaris is $71.47, +39.5% from the last close, from 10 firms rating the stock in the last 90 days.

$71.47consensus 12-month target, +39.5% from the last close
Low $61High $75
Buy0
Hold10
Sell0

Each firm’s latest rating in the last 90 days: 10 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Oct 7Robert W. BairdHold, maintained$65+26.9%
Sep 28Wells FargoHold, maintained$70+36.7%
Sep 18UBSHold, maintained$61+19.1%
Sep 9CitiHold, maintained$67+30.8%
Aug 5Morgan StanleyHold, reiterated$74+44.5%
−3.3%average 20-day move after past Accumulation readings
+0.2%average move over the next 20 trading days in the last 5 years
±2.7%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Polaris seasonality: the next 20 trading days

Over the next 20 trading days from Oct 10, Polaris averaged +0.2% across the last 5 years, rising in 2 of them.

Next 20 trading days, by year

−2.8%2021+8.2%2022−9.9%2023−13.1%2024+16.5%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+5.0%3 of 5
Next 10 trading days−0.4%1 of 5
Next 15 trading days−1.6%2 of 5
Next 20 trading days+0.2%2 of 5
Next 30 trading days−1.3%2 of 5

For scale, PII’s typical 20-trading-day move in either direction is about 6.5%.

Polaris market cap and key statistics

Polaris’s market cap is $2.91B and revenue of $7.52B over the last twelve months.

Valuation

Market cap
$2.91B
Forward P/E
13.1
EPS, TTM
−$4.61
Gekko Fair Value
$65.13

Trading

Volume
495,241
Avg volume, 20 days
821,094
52-week high
$77.98
52-week low
$47.14
Shares outstanding
56.90M

Financials

Revenue, TTM
$7.52B
Profit margin
-3.5%
Return on equity
-25.6%
Quarterly earnings growth, YoY
−89.6%

Risk and income

Beta
1.34
Typical daily move
±2.7%
Typical 20-day move
±6.5%
Dividend yield
5.11%

Polaris stock news this week

Coverage of Polaris this week reads negative: 1 positive, 3 neutral and 3 negative headlines.

News sentiment negative

Polaris peers

Polaris’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
ASAmer Sports+0.8%Neutral16.2% below
HASHasbro+1.6%Neutral5.4% below
MATMattel−1.1%Distribution31.5% below
GOLFAcushnet+2.2%Accumulation4.3% above
THOThor Industries+0.7%Buying31.4% below
CALYCallaway Golf+0.7%Accumulation21.9% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Polaris stock FAQ

What is Polaris’s market cap?

Polaris’s market cap is $2.91B at the Oct 12, 2026 close of $51.22, with 56.90M shares outstanding.

What is the Polaris stock forecast?

The consensus analyst 12-month price target for Polaris is $71.47, +39.5% from the last close. Of the 10 firms that rated the stock in the last 90 days, 0 rate it a buy, 10 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Polaris stock overvalued or undervalued?

On Gekko’s estimate Polaris is undervalued: the Oct 12, 2026 close of $51.22 is 21.4% below Gekko Fair Value of $65.13. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Polaris report earnings next?

Polaris is expected to report on Oct 26, 2026 (14 days away). Analysts expect earnings of $0.59 per share on revenue of $1.90B. Polaris beat the earnings estimate in 7 of its last 8 reports, moving 8.3% on average across the report.

What is Polaris’s 52-week high and low?

Polaris’s 52-week high is $77.98 and its 52-week low is $47.14; it closed at $51.22 on Oct 12, 2026, −18.2% over the past year. Over the last five years the shares peaked at $138.49 on Jul 27, 2023.

Is Polaris stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (gekkoindex and fair value), 1 as mixed (seasonality) and 2 as headwinds (trend and earnings risk). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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