SharkNinja, Inc. (NYSE:SN) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of SharkNinja, Inc. (NYSE:SN) have earned an average rating of “Moderate Buy” from the twelve ratings firms that are covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $145.7778.

Several analysts have issued reports on SN shares. JPMorgan Chase & Co. boosted their price objective on SharkNinja from $126.00 to $142.00 and gave the stock an “overweight” rating in a report on Friday, January 16th. Oppenheimer lifted their target price on shares of SharkNinja from $140.00 to $145.00 and gave the stock an “outperform” rating in a research report on Friday, February 13th. Wall Street Zen downgraded shares of SharkNinja from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Bank of America lifted their price objective on shares of SharkNinja from $140.00 to $145.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of SharkNinja in a research note on Monday, December 29th.

Institutional Investors Weigh In On SharkNinja

Several hedge funds have recently bought and sold shares of SN. FIL Ltd grew its stake in SharkNinja by 2.2% during the 4th quarter. FIL Ltd now owns 2,268,418 shares of the company’s stock valued at $253,836,000 after acquiring an additional 48,163 shares in the last quarter. Abrams Bison Investments LLC grew its position in SharkNinja by 20.3% during the second quarter. Abrams Bison Investments LLC now owns 1,775,000 shares of the company’s stock valued at $175,707,000 after purchasing an additional 300,000 shares in the last quarter. Alliancebernstein L.P. increased its stake in SharkNinja by 13.2% in the 3rd quarter. Alliancebernstein L.P. now owns 1,513,839 shares of the company’s stock valued at $156,152,000 after buying an additional 176,104 shares during the period. Westfield Capital Management Co. LP increased its stake in SharkNinja by 14.2% in the 2nd quarter. Westfield Capital Management Co. LP now owns 1,404,751 shares of the company’s stock valued at $139,056,000 after buying an additional 174,967 shares during the period. Finally, Palestra Capital Management LLC lifted its position in SharkNinja by 10.3% in the 3rd quarter. Palestra Capital Management LLC now owns 1,388,046 shares of the company’s stock worth $143,177,000 after buying an additional 130,121 shares in the last quarter. 34.77% of the stock is owned by hedge funds and other institutional investors.

SharkNinja Trading Down 5.1%

SharkNinja stock opened at $123.98 on Tuesday. The firm has a market cap of $17.50 billion, a price-to-earnings ratio of 25.10, a price-to-earnings-growth ratio of 1.74 and a beta of 1.41. SharkNinja has a 1 year low of $60.50 and a 1 year high of $133.99. The firm’s 50 day moving average price is $120.26 and its two-hundred day moving average price is $109.43. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.26 and a current ratio of 1.96.

SharkNinja (NYSE:SN) last issued its earnings results on Wednesday, February 11th. The company reported $1.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.78 by $0.15. SharkNinja had a return on equity of 32.30% and a net margin of 10.96%.The business had revenue of $2.10 billion for the quarter, compared to analysts’ expectations of $2.09 billion. During the same period in the previous year, the firm posted $1.40 EPS. The company’s quarterly revenue was up 17.6% on a year-over-year basis. SharkNinja has set its FY 2026 guidance at 5.900-6.000 EPS. On average, research analysts predict that SharkNinja will post 4.52 EPS for the current fiscal year.

About SharkNinja

SharkNinja (NYSE: SN) is a leading designer, marketer and distributor of innovative small home appliances under the Shark® and Ninja® brands. The company’s product portfolio spans floorcare, cleaning and home environment products, including upright, cordless and robotic vacuum cleaners, steam mops and air purifiers. In the kitchen category, SharkNinja offers a broad range of cooking and food preparation solutions, such as countertop ovens, air fryers, multicookers, blenders and coffee makers. Its products are positioned to deliver user-friendly performance, innovative features and durable design for everyday household tasks.

Founded in 1998 as Euro-Pro Operating LLC, the company initially focused on the European market before expanding its presence in North America.