SharkNinja, Inc. (NYSE:SN) Stock Rated “Buy” by Sell-Side Brokerages

Shares of SharkNinja, Inc. (NYSE:SN) have received an average rating of “Buy” from the twelve brokerages that are currently covering the stock, MarketBeat.com reports. Twelve research analysts have rated the stock with a buy recommendation. The average 1 year price objective among brokerages that have covered the stock in the last year is $194.84.

A number of equities research analysts have recently commented on SN shares. Bank of America raised their target price on SharkNinja from $145.00 to $165.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $204.00 price target on shares of SharkNinja in a report on Thursday, August 6th. JPMorgan Chase & Co. increased their price target on SharkNinja from $207.00 to $223.00 and gave the stock an “overweight” rating in a research report on Monday, October 19th. UBS Group reissued a “buy” rating and issued a $219.10 price objective on shares of SharkNinja in a report on Wednesday, August 12th. Finally, Piper Sandler boosted their price objective on SharkNinja from $200.00 to $234.00 and gave the company an “overweight” rating in a research report on Wednesday.

Insider Activity

In related news, insider Neil Shah sold 50,000 shares of SharkNinja stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $186.36, for a total value of $9,318,000.00. Following the sale, the insider owned 497,220 shares of the company’s stock, valued at approximately $92,661,919.20. This trade represents a 9.14% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last 90 days, insiders sold 100,000 shares of company stock worth $18,613,911. Company insiders own 40.80% of the company’s stock.

Hedge Funds Weigh In On SharkNinja

A number of hedge funds have recently made changes to their positions in the company. Richardson Financial Services Inc. boosted its stake in shares of SharkNinja by 36.3% in the third quarter. Richardson Financial Services Inc. now owns 199 shares of the company’s stock worth $36,000 after acquiring an additional 53 shares during the last quarter. Ascent Group LLC acquired a new position in SharkNinja in the 3rd quarter valued at $212,000. Oregon Public Employees Retirement Fund lifted its holdings in SharkNinja by 17.9% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 17,217 shares of the company’s stock valued at $3,101,000 after purchasing an additional 2,617 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new position in SharkNinja in the 3rd quarter valued at $146,000. Finally, Profund Advisors LLC lifted its holdings in SharkNinja by 16.0% in the 3rd quarter. Profund Advisors LLC now owns 1,530 shares of the company’s stock valued at $276,000 after purchasing an additional 211 shares in the last quarter. Institutional investors and hedge funds own 34.77% of the company’s stock.

SharkNinja Stock Performance

Shares of SN stock opened at $208.33 on Friday. SharkNinja has a 52-week low of $83.12 and a 52-week high of $211.48. The company has a quick ratio of 1.45, a current ratio of 2.08 and a debt-to-equity ratio of 0.24. The stock has a market cap of $29.35 billion, a PE ratio of 42.52, a price-to-earnings-growth ratio of 2.46 and a beta of 1.27. The business has a 50-day simple moving average of $182.94 and a 200-day simple moving average of $142.72.

SharkNinja (NYSE:SN) last posted 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 firm had revenue of $1.77 billion during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period in the previous year, the firm earned $0.97 EPS. SharkNinja has set its FY 2026 guidance at 6.450-6.550 EPS. On average, equities analysts expect that SharkNinja will post 5.89 EPS for the current year.

About SharkNinja

SharkNinja, Inc is a global product design and technology company that develops and markets consumer appliances under the Shark and Ninja brands. Its products are designed for everyday household tasks, with an emphasis on convenience, performance and accessible innovation.

The company’s portfolio includes vacuum cleaners and floor-care products, air purifiers, cooking appliances, blenders and food-preparation systems, coffee and beverage products, hair-care devices, and other home appliances.