BRP (DOO) slides as company suspends FY27 guidance amid new U.S. tariff impact

BRP Inc. (DOO) is down 35.4% today. Here is some analysis on what might have caused this price movement.

Analysis: The selloff appears tied to BRP suspending its full-year fiscal 2027 guidance after a shift in the U.S. tariff environment raised uncertainty around costs and profitability. The company also indicated the tariff change could create a very large incremental cost headwind, which likely triggered a rapid reset in expectations.

Details:

BRP announced it is suspending its full-year FY27 guidance following an amendment to Section 232 tariffs on steel, aluminum, and copper imports into the U.S. that took effect on April 6, 2026.

BRP indicated the tariff change could result in incremental tariff costs of more than $500 million for the remainder of the year before mitigation actions, materially pressuring near-term earnings visibility.

The withdrawal of guidance effectively removes the company’s previously communicated targets and can prompt investors to reprice the stock for higher risk until there is clarity on pricing actions, sourcing changes, and production adjustments.

This type of abrupt forecast change can also lead to analyst estimate cuts and rating changes, adding technical selling pressure on top of the fundamental uncertainty.

Sources:

BRP (press release), SEC, MarketScreener

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$DOO Hedge Fund Activity

We have seen 80 institutional investors add shares of $DOO stock to their portfolio, and 61 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

FIL LTD added 1,279,302 shares (+277.0%) to their portfolio in Q4 2025, for an estimated $90,523,409
TURTLE CREEK ASSET MANAGEMENT INC. removed 980,200 shares (-57.1%) from their portfolio in Q4 2025, for an estimated $69,358,952
INVESCO LTD. removed 741,216 shares (-84.4%) from their portfolio in Q4 2025, for an estimated $52,448,444
DRIEHAUS CAPITAL MANAGEMENT LLC added 575,366 shares (+inf%) to their portfolio in Q4 2025, for an estimated $40,712,898
FMR LLC removed 423,271 shares (-10.6%) from their portfolio in Q4 2025, for an estimated $29,950,655
HAWK RIDGE CAPITAL MANAGEMENT LP removed 403,699 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $28,565,741
PICTON MAHONEY ASSET MANAGEMENT added 376,910 shares (+116.6%) to their portfolio in Q4 2025, for an estimated $26,670,151

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$DOO Price Targets

Multiple analysts have issued price targets for $DOO recently. We have seen 8 analysts offer price targets for $DOO in the last 6 months, with a median target of $114.0.

Here are some recent targets:

Brian Morrison from TD Securities set a target price of $84.0 on 04/15/2026
Luke Hannan from Canaccord Genuity set a target price of $90.0 on 04/15/2026
James Hardiman from Citigroup set a target price of $119.0 on 03/30/2026
Sabahat Khan from RBC Capital set a target price of $124.0 on 03/30/2026
Anthony Bonadio from Wells Fargo set a target price of $110.0 on 03/27/2026
Gerrick Johnson from Seaport Global set a target price of $142.0 on 02/09/2026
Robin Farley from UBS set a target price of $75.0 on 01/09/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.