JPMorgan Chase & Co. Issues Positive Forecast for SharkNinja (NYSE:SN) Stock Price

SharkNinja (NYSE:SN) had its price target raised by JPMorgan Chase & Co. from $223.00 to $243.00 in a report published on Thursday,Benzinga reports. They currently have an overweight rating on the stock.

SN has been the subject of a number of other reports. Canaccord Genuity Group increased their price target on SharkNinja from $185.00 to $210.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. William Blair reiterated an “outperform” rating on shares of SharkNinja in a research note on Wednesday. Jefferies Financial Group reissued a “buy” rating and set a $300.00 target price on shares of SharkNinja in a research report on Wednesday. UBS Group restated a “buy” rating and set a $219.10 price target on shares of SharkNinja in a research note on Wednesday, August 12th. Finally, Guggenheim raised their price target on shares of SharkNinja from $175.00 to $210.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Fourteen equities research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $208.32.

SharkNinja Stock Performance

Shares of SN stock opened at $218.00 on Thursday. The business’s 50 day simple moving average is $185.43 and its 200 day simple moving average is $144.51. SharkNinja has a one year low of $83.21 and a one year high of $225.69. The stock has a market capitalization of $30.71 billion, a PE ratio of 37.74, a PEG ratio of 2.59 and a beta of 1.21. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.04 and a quick ratio of 1.45.

SharkNinja (NYSE:SN) last issued its quarterly earnings results on Wednesday, November 4th. The company reported $2.34 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.44. SharkNinja had a return on equity of 28.84% and a net margin of 11.64%. The firm had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.87 billion. During the same period last year, the business posted $1.50 EPS. The business’s revenue was up 21.2% compared to the same quarter last year. As a group, research analysts forecast that SharkNinja will post 5.89 earnings per share for the current year.

Insider Transactions at SharkNinja

In other SharkNinja news, insider Neil Shah sold 50,000 shares of the firm’s 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 completion of the transaction, the insider directly owned 497,220 shares of the company’s stock, valued at $92,661,919.20. This trade represents a 9.14% decrease in their position. 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 Trading of SharkNinja

A number of large investors have recently modified their holdings of the business. WCM Investment Management LLC boosted its holdings in shares of SharkNinja by 4.3% in the 1st quarter. WCM Investment Management LLC now owns 793,063 shares of the company’s stock worth $77,419,000 after purchasing an additional 32,524 shares in the last quarter. Evercore Wealth Management LLC raised its holdings in shares of SharkNinja by 24.7% during the 1st quarter. Evercore Wealth Management LLC now owns 670,411 shares of the company’s stock valued at $70,997,000 after buying an additional 132,749 shares in the last quarter. Bank of America Corp DE lifted its position in SharkNinja by 17.9% in the 1st quarter. Bank of America Corp DE now owns 559,813 shares of the company’s stock worth $59,284,000 after buying an additional 84,796 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in SharkNinja in the 2nd quarter worth approximately $81,134,000. Finally, Allspring Global Investments Holdings LLC boosted its stake in SharkNinja by 11.8% in the first quarter. Allspring Global Investments Holdings LLC now owns 391,140 shares of the company’s stock worth $41,652,000 after buying an additional 41,323 shares in the last quarter. Institutional investors own 34.77% of the company’s stock.

SharkNinja News Roundup

Here are the key news stories impacting SharkNinja this week:

• Positive Sentiment: SharkNinja reported Q3 earnings of $2.34 per share, above the roughly $1.90 analyst consensus, while revenue of $1.98 billion beat estimates and rose 21.2% year over year. The company also raised its 2026 outlook, citing category growth and international expansion. Zacks Q3 earnings and outlook
• Positive Sentiment: JPMorgan raised its price target to $243 from $223 and reiterated an “overweight” rating, signaling continued analyst confidence after the results. JPMorgan rating information
• Negative Sentiment: Management expects reinvestment of tariff refunds to reduce fourth-quarter gross margin by about 100 basis points, a near-term profitability headwind despite Q3 margin gains. Motley Fool earnings takeaways

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.