SharkNinja, Inc. (NYSE:SN) Sees Significant Decrease in Short Interest

SharkNinja, Inc. (NYSE:SN) saw a large decline in short interest in the month of February. As of February 13th, there was short interest totaling 5,009,296 shares, a decline of 26.6% from the January 29th total of 6,828,352 shares. Currently, 3.5% of the company’s shares are sold short. Based on an average daily trading volume, of 1,876,304 shares, the days-to-cover ratio is currently 2.7 days. Based on an average daily trading volume, of 1,876,304 shares, the days-to-cover ratio is currently 2.7 days. Currently, 3.5% of the company’s shares are sold short.

Analysts Set New Price Targets

SN has been the topic of several research analyst reports. Morgan Stanley set a $128.00 target price on shares of SharkNinja in a research report on Thursday, February 12th. Cantor Fitzgerald reaffirmed an “outperform” rating on shares of SharkNinja in a research note on Wednesday, December 17th. Weiss Ratings reissued a “hold (c)” rating on shares of SharkNinja in a research note on Monday, December 29th. Guggenheim increased their target price on SharkNinja from $140.00 to $145.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Finally, Oppenheimer boosted their price target on SharkNinja from $140.00 to $145.00 and gave the company an “outperform” rating in a research report on Friday, February 13th. Nine investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, SharkNinja has a consensus rating of “Moderate Buy” and an average target price of $145.78.

SharkNinja Stock Down 0.8%

SharkNinja stock traded down $0.90 during trading on Wednesday, reaching $114.84. 2,139,166 shares of the company’s stock were exchanged, compared to its average volume of 1,732,864. SharkNinja has a 52-week low of $60.50 and a 52-week high of $133.99. The firm has a market cap of $16.22 billion, a price-to-earnings ratio of 23.25, a PEG ratio of 1.54 and a beta of 1.39. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.26 and a current ratio of 2.04. The company’s 50-day moving average is $121.42 and its two-hundred day moving average is $109.72.

SharkNinja (NYSE:SN) last issued its quarterly earnings data on Wednesday, February 11th. The company reported $1.93 EPS for the quarter, topping analysts’ consensus estimates of $1.78 by $0.15. SharkNinja had a return on equity of 30.71% and a net margin of 10.96%.The company had revenue of $2.10 billion for the quarter, compared to analysts’ expectations of $2.09 billion. During the same quarter in the previous year, the firm posted $1.40 earnings per share. The firm’s quarterly revenue was up 17.6% on a year-over-year basis. SharkNinja has set its FY 2026 guidance at 5.900-6.000 EPS. On average, analysts predict that SharkNinja will post 4.52 earnings per share for the current year.

Institutional Trading of SharkNinja

Several large investors have recently modified their holdings of the business. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of SharkNinja by 14.4% during the fourth quarter. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,020 shares of the company’s stock worth $1,121,000 after acquiring an additional 1,260 shares during the last quarter. River Road Asset Management LLC increased its holdings in SharkNinja by 49.9% during the 4th quarter. River Road Asset Management LLC now owns 88,347 shares of the company’s stock worth $9,886,000 after purchasing an additional 29,428 shares during the last quarter. Invesco Ltd. raised its position in shares of SharkNinja by 17.6% in the 4th quarter. Invesco Ltd. now owns 136,118 shares of the company’s stock valued at $15,232,000 after purchasing an additional 20,325 shares in the last quarter. Corient Private Wealth LLC raised its position in shares of SharkNinja by 21.7% in the 4th quarter. Corient Private Wealth LLC now owns 3,233 shares of the company’s stock valued at $349,000 after purchasing an additional 577 shares in the last quarter. Finally, Empowered Funds LLC purchased a new position in shares of SharkNinja during the 4th quarter valued at approximately $66,000. 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.