SharkNinja (NYSE:SN) Updates FY 2026 Earnings Guidance

SharkNinja (NYSE:SN) updated its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 6.450-6.550 for the period, compared to the consensus EPS estimate of 6.070. The company issued revenue guidance of $7.4 billion-$7.5 billion, compared to the consensus revenue estimate of $7.2 billion.

SharkNinja Trading Up 6.6%

Shares of SharkNinja stock traded up $11.05 on Wednesday, hitting $179.24. 2,781,424 shares of the company’s stock traded hands, compared to its average volume of 1,878,578. The firm’s 50-day moving average price is $142.61 and its two-hundred day moving average price is $124.69. 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 stock has a market capitalization of $25.37 billion, a PE ratio of 36.24, a price-to-earnings-growth ratio of 2.10 and a beta of 1.21. SharkNinja has a one year low of $83.12 and a one year high of $182.50.

SharkNinja (NYSE:SN) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.08. The business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.38 billion. SharkNinja had a return on equity of 29.07% and a net margin of 10.70%.The firm’s revenue was up 15.6% on a year-over-year basis. During the same period last year, the company earned $0.87 EPS. On average, research analysts expect that SharkNinja will post 5.77 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have issued reports on SN. Bank of America raised their target price on SharkNinja from $145.00 to $165.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th. Guggenheim increased their price target on shares of SharkNinja from $145.00 to $175.00 and gave the company a “buy” rating in a research report on Monday, July 6th. Piper Sandler lifted their price objective on shares of SharkNinja from $150.00 to $181.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Canaccord Genuity Group boosted their price objective on shares of SharkNinja from $161.00 to $185.00 and gave the company a “buy” rating in a report on Monday, July 13th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of SharkNinja in a research note on Wednesday, May 6th. Ten investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $167.90.

Insiders Place Their Bets

In other SharkNinja news, CFO Adam Quigley sold 6,923 shares of SharkNinja stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $112.97, for a total value of $782,091.31. Following the transaction, the chief financial officer owned 1,750 shares of the company’s stock, valued at approximately $197,697.50. The trade was a 79.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 40.80% of the company’s stock.

Hedge Funds Weigh In On SharkNinja

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Larson Financial Group LLC lifted its holdings in shares of SharkNinja by 64.3% in the third quarter. Larson Financial Group LLC now owns 322 shares of the company’s stock valued at $33,000 after purchasing an additional 126 shares in the last quarter. Transamerica Financial Advisors LLC grew its holdings in shares of SharkNinja by 459.3% during the fourth quarter. Transamerica Financial Advisors LLC now owns 302 shares of the company’s stock worth $34,000 after buying an additional 248 shares in the last quarter. Los Angeles Capital Management LLC bought a new position in shares of SharkNinja during the fourth quarter worth about $38,000. Sunbelt Securities Inc. acquired a new stake in SharkNinja in the 3rd quarter valued at approximately $46,000. Finally, Quarry LP acquired a new stake in SharkNinja in the 3rd quarter valued at approximately $59,000. 34.77% of the stock is owned by institutional investors and hedge funds.

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.