SharkNinja (NYSE:SN) Announces Quarterly Earnings Results

SharkNinja (NYSE:SN) released its quarterly earnings results on Wednesday. The company reported $2.34 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.44, FiscalAI reports. SharkNinja had a return on equity of 27.79% and a net margin of 10.06%. The company had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.87 billion. During the same quarter last year, the business posted $1.50 earnings per share. SharkNinja’s revenue was up 21.2% compared to the same quarter last year.

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

• Strong growth led to higher 2026 guidance: Q3 net sales rose 21.2% year over year, with growth in both domestic and international markets. SharkNinja raised its full-year sales growth outlook to 18%–19% and its adjusted EPS range to $6.65–$6.75.
• Growth was broad-based, including in the core business: Management highlighted strong U.S. performance, international gains, and momentum across several categories; cooking and beverage sales rose 36.6%, while beauty and home environment grew 45.8%. Executives said innovation and refreshed assortments are supporting the established business as well as newer categories.
• International and digital channels are expanding the company’s reach: SharkNinja expects international sales growth to re-accelerate in Q4 and plans to have TikTok Shop operating in 14 countries ahead of the holiday season. Management also said social content generates off-platform sales, though these channel opportunities remain company projections.
• Q3 profitability benefited from tariff refunds, while underlying costs remain a headwind: Excluding the refund benefit, adjusted gross margin would have been down about 100 basis points, reflecting commodity, fuel, and foreign-exchange pressures. The company expects Q4 adjusted gross margin to decline about 100 basis points and adjusted EBITDA growth to slow to roughly 9%, citing the timing of reinvestments intended to support future growth.

SharkNinja Trading Up 6.0%

SN traded up $12.62 during midday trading on Wednesday, hitting $223.21. The company’s stock had a trading volume of 1,804,303 shares, compared to its average volume of 1,816,387. SharkNinja has a 52-week low of $83.12 and a 52-week high of $224.57. The firm has a 50-day moving average price of $184.11 and a two-hundred day moving average price of $143.59. 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 firm has a market cap of $31.44 billion, a P/E ratio of 45.60, a PEG ratio of 2.52 and a beta of 1.21.

SharkNinja News Roundup

Here are the key news stories impacting SharkNinja this week:

• Positive Sentiment: SharkNinja reported Q3 2026 adjusted earnings of $2.34 per share, above the roughly $1.90 consensus, and revenue of $1.98 billion versus estimates of $1.87 billion. Revenue rose 21.2% year over year, while EPS increased from $1.50 a year earlier. SharkNinja tops Q3 earnings and revenue estimates
• Positive Sentiment: Coverage of the results highlighted margin improvement and raised guidance, alongside optimism about the holiday season—supportive signals for expected profitability and demand. SharkNinja Q3 2026 earnings, margin and guidance SharkNinja earnings and holiday outlook
• Neutral Sentiment: BTIG began coverage of SharkNinja, but the available report details do not specify its rating or price target, so the investment implication is unclear. BTIG begins coverage on SharkNinja
• Negative Sentiment: Valuation may limit further gains: a pre-earnings analysis cited a GF Value estimate suggesting about 33% downside. This is a valuation model, not a guaranteed forecast, but it highlights risk if growth or expectations disappoint. Earnings watch: SharkNinja Q3 2026 and GF Value

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Oppenheimer increased their price objective on SharkNinja from $145.00 to $170.00 and gave the company an “outperform” rating in a research note on Monday, July 13th. JPMorgan Chase & Co. lifted their price objective on SharkNinja from $207.00 to $223.00 and gave the stock an “overweight” rating in a research report on Monday, October 19th. Guggenheim boosted their target price on shares of SharkNinja from $175.00 to $210.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $204.00 price target on shares of SharkNinja in a research note on Thursday, August 6th. Finally, Weiss Ratings raised shares of SharkNinja from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, August 17th. Thirteen equities research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, SharkNinja has an average rating of “Buy” and an average target price of $198.70.

Insider Buying and Selling at SharkNinja

In related news, insider Neil Shah sold 50,000 shares of the firm’s stock in a transaction that occurred 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 directly 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In the last 90 days, insiders have sold 100,000 shares of company stock worth $18,613,911. Corporate insiders own 40.80% of the company’s stock.

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.