SharkNinja, Inc. (NYSE:SN) Receives $164.80 Consensus PT from Analysts

Shares of SharkNinja, Inc. (NYSE:SN) have been assigned an average rating of “Moderate Buy” from the eleven ratings firms that are covering the stock, MarketBeat reports. Two analysts have rated the stock with a hold recommendation, eight have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $164.80.

Several brokerages recently weighed in on SN. Oppenheimer upped their target price on shares of SharkNinja from $145.00 to $170.00 and gave the stock an “outperform” rating in a research note on Monday, July 13th. Weiss Ratings restated a “hold (c+)” rating on shares of SharkNinja in a research note on Wednesday, July 8th. JPMorgan Chase & Co. upped their price objective on SharkNinja from $146.00 to $170.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. Canaccord Genuity Group increased their price objective on SharkNinja from $161.00 to $185.00 and gave the company a “buy” rating in a research note on Monday, July 13th. Finally, Wall Street Zen lowered SharkNinja from a “buy” rating to a “hold” rating in a report on Saturday, May 9th.

Insiders Place Their Bets

In other news, CFO Adam Quigley sold 6,923 shares of SharkNinja stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $112.97, for a total value of $782,091.31. Following the completion of the transaction, the chief financial officer owned 1,750 shares in the company, valued at approximately $197,697.50. This trade represents a 79.82% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 40.80% of the stock is currently owned by company insiders.

Institutional Trading of SharkNinja

Hedge funds have recently added to or reduced their stakes in the company. Royal Bank of Canada grew its holdings in SharkNinja by 21.8% during the 1st quarter. Royal Bank of Canada now owns 71,872 shares of the company’s stock worth $5,995,000 after acquiring an additional 12,851 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in shares of SharkNinja in the 1st quarter valued at $369,000. Goldman Sachs Group Inc. lifted its position in shares of SharkNinja by 169.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 505,301 shares of the company’s stock worth $42,147,000 after purchasing an additional 317,730 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of SharkNinja by 7.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 50,813 shares of the company’s stock worth $4,238,000 after purchasing an additional 3,632 shares in the last quarter. Finally, Acadian Asset Management LLC acquired a new position in shares of SharkNinja during the first quarter worth $656,000. Institutional investors and hedge funds own 34.77% of the company’s stock.

SharkNinja Stock Performance

Shares of SharkNinja stock opened at $148.69 on Friday. The stock has a market capitalization of $21.04 billion, a price-to-earnings ratio of 29.98, a price-to-earnings-growth ratio of 1.95 and a beta of 1.22. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.38 and a quick ratio of 1.62. The business has a 50-day moving average of $135.43 and a 200 day moving average of $122.76. SharkNinja has a 12 month low of $83.12 and a 12 month high of $156.87.

SharkNinja (NYSE:SN) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.08. SharkNinja had a net margin of 10.70% and a return on equity of 29.07%. The company had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.38 billion. During the same period in the prior year, the firm earned $0.87 earnings per share. The business’s revenue for the quarter was up 15.6% compared to the same quarter last year. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. As a group, sell-side analysts forecast that SharkNinja will post 5.77 earnings per share for the current 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.