SharkNinja, Inc. (SN) – What Are Researchers Saying About This Stock?

Shares of SharkNinja, Inc. (NYSE:SN) have received an average recommendation of “Buy” from the twelve research firms that are covering the stock, MarketBeat.com reports. Twelve equities research analysts have rated the stock with a buy rating. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $188.59.

Several brokerages have recently commented on SN. JPMorgan Chase & Co. upped their price objective on shares of SharkNinja from $170.00 to $207.00 and gave the stock an “overweight” rating in a report on Thursday, August 6th. Oppenheimer lifted their target price on shares of SharkNinja from $145.00 to $170.00 and gave the company an “outperform” rating in a report on Monday, July 13th. Piper Sandler reiterated an “overweight” rating and issued a $200.00 target price (up from $181.00) on shares of SharkNinja in a report on Thursday, August 6th. UBS Group reissued a “buy” rating and issued a $219.10 target price on shares of SharkNinja in a research report on Wednesday, August 12th. Finally, TD Cowen upped their price target on SharkNinja from $160.00 to $205.00 and gave the stock a “buy” rating in a research note on Friday, August 7th.

SharkNinja Stock Up 0.0%

Shares of NYSE:SN opened at $185.07 on Wednesday. The business has a 50-day moving average price of $178.36 and a 200 day moving average price of $145.09. The company has a current ratio of 2.08, a quick ratio of 1.45 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $26.07 billion, a price-to-earnings ratio of 37.77, a PEG ratio of 2.19 and a beta of 1.27. SharkNinja has a 12-month low of $83.12 and a 12-month high of $194.54.

SharkNinja (NYSE:SN) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $1.26 earnings per share (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 for the quarter, compared to analyst estimates of $1.65 billion. SharkNinja’s 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. Sell-side analysts expect that SharkNinja will post 5.89 EPS for the current year.

Insider Activity at SharkNinja

In other news, insider Neil Shah sold 50,000 shares of SharkNinja stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $186.36, for a total value of $9,318,000.00. Following the completion of the sale, the insider directly owned 497,220 shares of the company’s stock, valued at approximately $92,661,919.20. The trade was a 9.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders sold 100,000 shares of company stock worth $18,613,911 in the last ninety days. Company insiders own 40.80% of the company’s stock.

Institutional Investors Weigh In On SharkNinja

Several institutional investors and hedge funds have recently modified their holdings of SN. Clearstead Trust LLC purchased a new position in shares of SharkNinja in the 2nd quarter valued at about $30,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in shares of SharkNinja during the first quarter worth about $27,000. Timbuktu Capital Management LLC purchased a new stake in shares of SharkNinja during the second quarter worth approximately $40,000. Harbor Investment Advisory LLC purchased a new stake in shares of SharkNinja during the second quarter worth approximately $70,000. Finally, Versant Capital Management Inc increased its stake in shares of SharkNinja by 34.9% during the second quarter. Versant Capital Management Inc now owns 904 shares of the company’s stock worth $138,000 after buying an additional 234 shares during the period. Hedge funds and other institutional investors own 34.77% of the company’s stock.

About SharkNinja

SharkNinja, Inc is a global product design and technology company that develops consumer appliances and household products under the Shark and Ninja brands. Its portfolio includes vacuum cleaners, cordless and robot cleaning systems, steam mops, air purifiers, and other home-care products, as well as blenders, food processors, air fryers, coffee makers, cookware, and other kitchen appliances.

The company also offers products in categories such as beauty and personal care, including hair-styling tools.