First Trust Advisors LP raised its holdings in shares of SharkNinja, Inc. (NYSE:SN – Free Report) by 16.7% in the first quarter, HoldingsChannel.com reports. The firm owned 29,178 shares of the company’s stock after buying an additional 4,170 shares during the period. First Trust Advisors LP’s holdings in SharkNinja were worth $3,090,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. Royal Bank of Canada increased its position in shares of SharkNinja by 21.8% during the first 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 worth about $369,000. Goldman Sachs Group Inc. lifted its position in SharkNinja by 169.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 505,301 shares of the company’s stock valued at $42,147,000 after acquiring an additional 317,730 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in SharkNinja by 7.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 50,813 shares of the company’s stock valued at $4,238,000 after acquiring an additional 3,632 shares in the last quarter. Finally, Acadian Asset Management LLC acquired a new position in SharkNinja during the 1st quarter valued at about $656,000. Institutional investors and hedge funds own 34.77% of the company’s stock.
Key SharkNinja News
Here are the key news stories impacting SharkNinja this week:
- Positive Sentiment: SharkNinja reported second-quarter EPS of $1.26, above the $1.11 consensus estimate, while revenue rose 22.2% year over year to $1.77 billion, surpassing expectations of approximately $1.65 billion. Strong demand for cooking appliances, beauty products and other devices, along with international growth, supported the results. SharkNinja Reports Second Quarter 2026 Results
- Positive Sentiment: Management raised its fiscal 2026 outlook to adjusted EPS of $6.45–$6.55, compared with the previous consensus estimate of $6.07, and revenue of $7.4–$7.5 billion versus expectations of approximately $7.2 billion. The improved forecast reflects continued product innovation, international expansion and strong sales momentum. SharkNinja Raises Outlook After Sales Jump
- Positive Sentiment: JPMorgan raised its price target on SN to $207 from $170 and assigned an “overweight” rating, implying roughly 15% upside from the referenced share price. The upgrade reinforces the view that earnings growth and the higher outlook could support additional appreciation. Benzinga analyst update
- Neutral Sentiment: The earnings beat was helped by hot device sales, but investors may be weighing the stock’s already strong run and premium valuation, with shares trading near their 12-month high and at a reported price-to-earnings ratio of about 35.
- Negative Sentiment: Despite higher sales, second-quarter net income declined 7.0% to $129.8 million. Gross margin fell 30 basis points and adjusted gross margin decreased 70 basis points, highlighting profitability pressure from product mix, costs or investment in growth. SharkNinja Q2 2026 Earnings Call Transcript
Wall Street Analysts Forecast Growth
Get Our Latest Research Report on SharkNinja
SharkNinja Stock Down 1.4%
SharkNinja stock opened at $179.57 on Friday. SharkNinja, Inc. has a fifty-two week low of $83.12 and a fifty-two week high of $187.04. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.62 and a current ratio of 2.08. The firm’s 50-day simple moving average is $145.10 and its 200 day simple moving average is $125.46. The stock has a market cap of $25.41 billion, a PE ratio of 36.65, a price-to-earnings-growth ratio of 2.38 and a beta of 1.21.
SharkNinja (NYSE:SN – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $1.26 EPS for the quarter, beating the consensus estimate of $1.11 by $0.15. SharkNinja had a net margin of 10.06% and a return on equity of 27.79%. The firm had revenue of $1.77 billion during the quarter, compared to analyst estimates of $1.65 billion. During the same quarter last year, the business posted $0.97 EPS. The company’s revenue for the quarter was up 22.2% on a year-over-year basis. SharkNinja has set its FY 2026 guidance at 6.450-6.550 EPS. Research analysts predict that SharkNinja, Inc. will post 5.77 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.
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