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

Shares of SharkNinja, Inc. (NYSE:SN) have been given an average rating of “Moderate Buy” by the thirteen analysts that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and twelve have issued a buy rating on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $188.5917.

Several research firms have issued reports on SN. Bank of America boosted their target price on SharkNinja from $145.00 to $165.00 and gave the stock a “buy” rating in a research report on Tuesday, July 7th. Weiss Ratings upgraded SharkNinja from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, August 17th. Guggenheim upped their price objective on SharkNinja from $175.00 to $210.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Oppenheimer increased their price objective on SharkNinja from $145.00 to $170.00 and gave the stock an “outperform” rating in a research report on Monday, July 13th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of SharkNinja in a report on Wednesday, May 6th.

SharkNinja Stock Up 1.4%

Shares of NYSE SN opened at $183.35 on Tuesday. The stock has a market cap of $25.83 billion, a PE ratio of 37.42, a price-to-earnings-growth ratio of 2.14 and a beta of 1.21. The company has a quick ratio of 1.45, a current ratio of 2.08 and a debt-to-equity ratio of 0.24. SharkNinja has a 52-week low of $83.12 and a 52-week high of $191.22. The business has a 50-day moving average price of $159.13 and a 200 day moving average price of $130.72.

SharkNinja (NYSE:SN) last issued its earnings results on Wednesday, August 5th. The company reported $1.26 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.15. The business had revenue of $1.77 billion for the quarter, compared to the consensus estimate of $1.65 billion. SharkNinja had a net margin of 10.06% and a return on equity of 27.79%. The business’s quarterly revenue was up 22.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.97 earnings per share. SharkNinja has set its FY 2026 guidance at 6.450-6.550 EPS. Equities research analysts forecast that SharkNinja will post 5.89 earnings per share for the current year.

Insider Activity

In related news, insider Neil B. Shah sold 29,667 shares of the firm’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $186.76, for a total value of $5,540,608.92. Following the completion of the sale, the insider owned 61,099 shares in the company, valued at $11,410,849.24. This trade represents a 32.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 40.80% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Wealth High Governance Capital Ltda acquired a new stake in SharkNinja during the 4th quarter valued at $17,072,000. Strs Ohio increased its position in SharkNinja by 23.8% during the fourth quarter. Strs Ohio now owns 201,795 shares of the company’s stock worth $22,581,000 after buying an additional 38,815 shares in the last quarter. Nicholas Company Inc. raised its holdings in shares of SharkNinja by 30.3% in the fourth quarter. Nicholas Company Inc. now owns 116,041 shares of the company’s stock worth $12,985,000 after acquiring an additional 26,962 shares during the last quarter. K.J. Harrison & Partners Inc acquired a new position in shares of SharkNinja in the fourth quarter worth $1,231,000. Finally, Raiffeisen Bank International AG lifted its position in shares of SharkNinja by 33.3% in the fourth quarter. Raiffeisen Bank International AG now owns 80,000 shares of the company’s stock valued at $9,095,000 after acquiring an additional 20,000 shares in the last quarter. 34.77% of the stock is currently owned by institutional investors and hedge funds.

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.