Bombardier Recreational Products (DOOO)

• Market cap: $3.75B
• 1 day: -3.13%
• 5 days: -0.19%
• 1 month: 5.98%
• 3 months: 51.58%
• 6 months: 1.78%
• Year to date: 2.43%
• 1 year: -28.67%
• 5 years: 12.26%
• 10 years: 11.43%
• Sector: Consumer Discretionary
• Industry: Recreational Vehicles

About: BRP designs, develops, manufactures, distributes, and markets snowmobiles, all-terrain vehicles, and personal watercraft under the Ski-Doo, Sea-Doo, Can-Am, and Lynx brand names. It also builds engines under the Rotax brand (after shuttering the Evinrude outboard engine business in 2020) and offers clothing, parts, and accessories that cater to its core consumers. In 2018, BRP created a marine group, which is now being unwound (Manitou pontoon boats remain up for sale). At the end of fiscal 2025, the company sold its products through a network of more than 2,400 independent dealers and 140 distributors in around 130 countries.

Employees: 16,500

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

66% more call options, than puts

Call options by funds: $32.5M | Put options by funds: $19.6M

1.71% more ownership

Funds ownership: 84.49% [Q4 2024] → 86.2% (+1.71%) [Q1 2025]

2% less repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 43

8% less funds holding

Funds holding: 130 [Q4 2024] → 119 (-11) [Q1 2025]

32% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 28

32% less capital invested

Capital invested by funds: $1.48B [Q4 2024] → $1.01B (-$479M) [Q1 2025]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $51 1% downside
• Avg. target: $61 18% upside
• High target: $70 36% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Citigroup James Hardiman	1% downside $51	Neutral Maintained	16 Jun 2025
TD Securities Brian Morrison	36% upside $70	Buy Upgraded	30 May 2025