10 Most Oversold Canadian Stocks to Buy According to Analysts

7. BRP Inc. (NASDAQ:DOOO)

6-Month Performance: -39.01%

Number of Hedge Fund Holders: 8

Analyst Upside Potential: 53.64%

BRP Inc. (NASDAQ:DOOO) is a Canadian company that makes and sells vehicles and equipment for recreational activities. It mainly focuses on power sports including vehicles like snowmobiles, all-terrain vehicles, personal watercraft, and motorcycles. The company is also focused on Marine vehicles such as boats, pontoons, and engines for boats.

On January 7, RBC Capital analyst Sabahat Khan maintained a Buy rating on the stock with a price target of C$99.00. During the fiscal third quarter of 2025, BRP Inc. (NASDAQ:DOOO) reported revenues of approximately $2 billion with normalized EBITDA of $264 million. Both of these indicators surpassed expectations. The company faced a challenging market with softer demand for power sports products, partly due to high promotional activity by competitors and a high level of non-current units in the market. Despite this, BRP Inc. (NASDAQ:DOOO) maintained its focus on reducing network inventory and made significant progress. The company has decided to sell its Marine businesses to focus on its core Powersports activities, aiming to capitalize on growth opportunities and position the company for long-term success. It is one of the most oversold Canadian stocks to buy according to analysts.