Polaris Inds Stock Price, News & Analysis

The RZR Factory Racing team excelled at the 34th SCORE San Felipe 250, defending titles in multiple categories. The event marked a thrilling return for the SCORE series after a hiatus. The team achieved 3 wins and 5 podium finishes across classes, with notable performances from Cayden MacCachren and Kristen Matlock. MacCachren, driving the #2919 RZR Turbo S, finished second in class but won on corrected time. Matlock captured her second consecutive victory in the Pro UTV Naturally Aspirated class. The next race is scheduled for the Silver State 300 on April 29.

Polaris (NYSE: PII) is collaborating with International Female Ride Day (IFRD) for its 15th annual event on the first Saturday of May. This initiative encourages women in over 120 countries to participate in powersports, highlighting themes like #FocusFemaleForward. The partnership aims to boost female ridership and inclusivity in the industry. Vicki Gray, IFRD Founder, praises Polaris as a vital supporter in promoting women riders.

Since its inception, IFRD has significantly increased female participation in motorcycling and powersports.

Polaris Slingshot, in partnership with basketball legend Anfernee "Penny" Hardaway, is promoting autism awareness on World Autism Awareness Day, April 2, 2021. Hardaway, whose son is on the autism spectrum, aims to leverage the Slingshot's striking design to raise awareness for Autism Speaks. The initiative emphasizes the importance of community support within the Slingshot owners' group. Polaris Slingshot continues to innovate in the three-wheeled vehicle category, aiming to enhance driving experiences while fostering social awareness.

Polaris Inc. (NYSE: PII) has partnered with Optimus Ride to develop fully autonomous GEM electric vehicles, integrating Optimus Ride’s advanced autonomous technology from the factory. This collaboration follows Polaris's previous investment in Optimus Ride and aims to address mobility challenges in various environments, improving transportation efficiency and sustainability. Optimus Ride has successfully completed over 75,000 rides with GEM vehicles, demonstrating cost-effective and safe transit solutions. The companies plan to launch these autonomous vehicles by the second half of 2023, enhancing urban mobility across the U.S.

Polaris Inc. (NYSE: PII) will release its first quarter 2021 financial results on April 27, 2021, followed by a conference call at 9:00 a.m. CT. The call will be led by Mike Speetzen, interim CEO, and Bob Mack, interim CFO. Interested parties can access a slide presentation and webcast link on the Polaris Investor Relations website. The company, a leader in the Powersports industry, reported annual sales of $7.03 billion in 2020 and offers a variety of products, including off-road vehicles and motorcycles.

Indian Motorcycle has launched the 2021 Chieftain Elite, a limited edition motorcycle, with only 120 units available worldwide. Priced at $34,999 in the U.S., the bike features custom-inspired styling, a Thunderstroke 116 engine, and a meticulous paint process that takes over 24 hours. It boasts premium amenities like a 400-watt PowerBand audio system and advanced technology including a seven-inch Ride Command infotainment system. This model emphasizes exclusivity and performance, appealing to riders who desire both style and functionality.

Polaris has unveiled two new RZR Pro XP Rockford Fosgate® Limited Edition models designed for superior audio experiences during outdoor adventures. The RZR Pro XP Sport starts at $23,999, while the Ultimate model begins at $29,999, featuring a powerful factory-installed audio system. Both models cater to a growing demand for enhanced sound quality, with the Ultimate offering an 800-watt high-output audio system. Customers can choose between two-seat and four-seat configurations. These vehicles are set to arrive in dealerships by early April 2021.

Polaris Timbersled has launched its 2022 lineup of snow bike systems, boasting exciting new models and trim packages. Notably, the RIOT 3 model features a 129” track with a unique 3” lug height for enhanced performance in deep snow. Customers can choose between three trim levels: PRO, Premium, and Sport, each offering distinct performance upgrades. Customization options, including various shocks and accessories, improve ride quality and handling. Polaris, a leader in powersports, seeks to expand its market presence with these innovative snow bike offerings.