Brokerages Set SharkNinja, Inc. (NYSE:SN) Price Target at $145.70

SharkNinja, Inc. (NYSE:SN) has been assigned an average recommendation of “Moderate Buy” from the twelve brokerages that are covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $145.90.

A number of analysts recently issued reports on the company. Oppenheimer lifted their target price on SharkNinja from $140.00 to $145.00 and gave the company an “outperform” rating in a research report on Friday, February 13th. Morgan Stanley set a $128.00 price target on SharkNinja in a research report on Thursday, February 12th. Weiss Ratings reiterated a “hold (c+)” rating on shares of SharkNinja in a research note on Friday, April 10th. Canaccord Genuity Group set a $160.00 price objective on SharkNinja in a report on Thursday, February 12th. Finally, Wall Street Zen raised shares of SharkNinja from a “hold” rating to a “buy” rating in a research note on Saturday, March 14th.

Insider Buying and Selling

In other news, CFO Adam Quigley sold 2,620 shares of SharkNinja stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $114.36, for a total value of $299,623.20. Following the completion of the transaction, the chief financial officer owned 8,673 shares of the company’s stock, valued at $991,844.28. This trade represents a 23.20% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 11.12% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On SharkNinja

Several hedge funds have recently bought and sold shares of the company. Birch Financial Group LLC bought a new stake in SharkNinja in the first quarter valued at approximately $207,000. Vaughan Nelson Investment Management L.P. boosted its stake in shares of SharkNinja by 29.3% during the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 394,505 shares of the company’s stock worth $41,778,000 after acquiring an additional 89,350 shares during the period. Corient Private Wealth LLC boosted its stake in shares of SharkNinja by 17.5% during the 4th quarter. Corient Private Wealth LLC now owns 3,122 shares of the company’s stock worth $349,000 after acquiring an additional 466 shares during the period. FACT Capital LP acquired a new position in shares of SharkNinja during the 4th quarter worth approximately $2,459,000. Finally, OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in SharkNinja by 14.4% in the 4th quarter. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,020 shares of the company’s stock valued at $1,121,000 after acquiring an additional 1,260 shares during the period. 34.77% of the stock is currently owned by institutional investors and hedge funds.

SharkNinja Price Performance

Shares of SN stock opened at $119.63 on Wednesday. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.04 and a quick ratio of 1.47. The firm has a market cap of $16.90 billion, a price-to-earnings ratio of 24.22, a P/E/G ratio of 1.53 and a beta of 1.54. SharkNinja has a one year low of $69.19 and a one year high of $133.99. The stock’s fifty day simple moving average is $114.17 and its 200 day simple moving average is $108.20.

SharkNinja (NYSE:SN) last announced 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. The company had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.09 billion. SharkNinja had a net margin of 10.96% and a return on equity of 30.71%. SharkNinja’s quarterly revenue was up 17.6% on a year-over-year basis. During the same period in the prior year, the business earned $1.40 earnings per share. SharkNinja has set its FY 2026 guidance at 5.900-6.000 EPS. On average, analysts expect that SharkNinja will post 4.52 earnings per share for the current fiscal year.

SharkNinja Company Profile

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.