SharkNinja (NYSE:SN) Announces Quarterly Earnings Results, Beats Expectations By $0.08 EPS

SharkNinja (NYSE:SN) issued its quarterly earnings results on Wednesday. The company reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.08, FiscalAI reports. The company had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.38 billion. SharkNinja had a net margin of 10.70% and a return on equity of 30.06%. The business’s revenue for the quarter was up 15.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.87 earnings per share. SharkNinja updated its FY 2026 guidance to 6.000-6.10 EPS.

Here are the key takeaways from SharkNinja’s conference call:

• Q1 results were strong — net sales rose ~15.6% to $1.41B, adjusted EBITDA grew ~17.5% to $235M, and adjusted EPS increased ~25% to $1.09, driven by broad-based category and geographic strength.
• Management raised full‑year 2026 guidance — net sales now expected to grow 11.5%–12.5%, adjusted EBITDA to $1.29B–$1.30B, and adjusted EPS to $6.00–$6.10, reflecting confidence in ongoing momentum.
• “Jailbreak SharkNinja” AI initiative and Hack Week are company‑wide priorities (150+ submissions, $1M prize fund) aimed at accelerating product innovation, media efficiency, supply‑chain productivity, and grassroots experimentation.
• International and omni‑channel expansion is a key growth driver — international sales grew ~31.6% in Q1, company is rolling out new DTC sites and TikTok Shop across multiple markets and converting distributor markets (e.g., Mexico) to direct operations for longer‑term upside.
• Margin and input‑cost risks remain — adjusted gross margin declined ~100 bps to 49.2% due to tariffs and raw‑material/resin uncertainty (Middle East conflict), which the company says it is mitigating but still factors into guidance.

SharkNinja Stock Up 0.6%

Shares of NYSE SN traded up $0.68 during mid-day trading on Friday, reaching $113.80. The company had a trading volume of 343,071 shares, compared to its average volume of 1,729,397. The stock has a fifty day moving average of $111.57 and a two-hundred day moving average of $110.23. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.47 and a current ratio of 2.04. SharkNinja has a 12-month low of $80.69 and a 12-month high of $133.99. The company has a market capitalization of $16.11 billion, a price-to-earnings ratio of 22.99, a PEG ratio of 1.55 and a beta of 1.37.

Insider Activity

In other news, CFO Adam Quigley sold 2,620 shares of the firm’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $114.36, for a total value of $299,623.20. Following the sale, the chief financial officer owned 8,673 shares in the company, valued at approximately $991,844.28. This trade represents a 23.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 11.12% of the company’s stock.

Hedge Funds Weigh In On SharkNinja

Institutional investors have recently modified their holdings of the stock. Invesco Ltd. boosted its position in shares of SharkNinja by 17.6% during the fourth quarter. Invesco Ltd. now owns 136,118 shares of the company’s stock worth $15,232,000 after buying an additional 20,325 shares during the period. Corient Private Wealth LLC raised its stake in SharkNinja by 21.7% in the 4th quarter. Corient Private Wealth LLC now owns 3,233 shares of the company’s stock worth $349,000 after purchasing an additional 577 shares in the last quarter. Empowered Funds LLC acquired a new position in SharkNinja during the fourth quarter valued at approximately $66,000. Utah Retirement Systems boosted its stake in SharkNinja by 2.3% in the fourth quarter. Utah Retirement Systems now owns 4,417 shares of the company’s stock valued at $494,000 after buying an additional 98 shares in the last quarter. Finally, SummitTX Capital L.P. grew its stake in shares of SharkNinja by 517.0% in the fourth quarter. SummitTX Capital L.P. now owns 23,760 shares of the company’s stock worth $2,659,000 after purchasing an additional 19,909 shares during the last quarter. 34.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Bank of America increased their target price on shares of SharkNinja from $140.00 to $145.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Guggenheim upped their price target on shares of SharkNinja from $140.00 to $145.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. TD Cowen reissued a “buy” rating on shares of SharkNinja in a research report on Wednesday, January 14th. Canaccord Genuity Group upped their target price on SharkNinja from $160.00 to $161.00 and gave the stock a “buy” rating in a research report on Monday. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of SharkNinja in a report on Wednesday. Nine research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, SharkNinja presently has an average rating of “Moderate Buy” and an average price target of $146.20.

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.