SharkNinja (NYSE:SN) Given New $223.00 Price Target at JPMorgan Chase & Co.

SharkNinja (NYSE:SN) had its price target increased by investment analysts at JPMorgan Chase & Co. from $207.00 to $223.00 in a report released on Monday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 17.86% from the company’s current price.

A number of other research analysts have also issued reports on SN. Wall Street Zen upgraded shares of SharkNinja from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. The Goldman Sachs Group reissued a “buy” rating and set a $204.00 price target on shares of SharkNinja in a research report on Thursday, August 6th. TD Cowen upped their price objective on SharkNinja from $160.00 to $205.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Guggenheim raised their price objective on shares of SharkNinja from $175.00 to $210.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $200.00 price objective (up from $181.00) on shares of SharkNinja in a research report on Thursday, August 6th. Twelve research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $189.92.

SharkNinja Price Performance

NYSE SN traded up $2.70 on Monday, reaching $189.21. The company had a trading volume of 467,571 shares, compared to its average volume of 1,829,557. SharkNinja has a 12 month low of $83.12 and a 12 month high of $196.35. The company has a quick ratio of 1.45, a current ratio of 2.08 and a debt-to-equity ratio of 0.24. The firm’s 50 day moving average price is $179.74 and its 200 day moving average price is $148.08. The stock has a market capitalization of $26.65 billion, a PE ratio of 38.64, a price-to-earnings-growth ratio of 2.21 and a beta of 1.27.

SharkNinja (NYSE:SN) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $1.26 earnings per share for the quarter, topping the consensus estimate of $1.11 by $0.15. The company had revenue of $1.77 billion for the quarter, compared to analysts’ expectations of $1.65 billion. SharkNinja had a return on equity of 27.79% and a net margin of 10.06%. The firm’s revenue for the quarter was up 22.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.97 earnings per share. SharkNinja has set its FY 2026 guidance at 6.450-6.550 EPS. As a group, equities analysts predict that SharkNinja will post 5.89 earnings per share for the current year.

Insider Buying and Selling at SharkNinja

In related news, insider Neil Shah sold 50,000 shares of the business’s stock in a transaction dated 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 $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 Securities & Exchange Commission, which is available through this link. Over the last ninety days, insiders have sold 100,000 shares of company stock valued at $18,613,911. 40.80% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. WCM Investment Management LLC boosted its holdings in SharkNinja by 4.3% in the first 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 grew its holdings in shares of SharkNinja by 24.7% in the 1st quarter. Evercore Wealth Management LLC now owns 670,411 shares of the company’s stock worth $70,997,000 after purchasing an additional 132,749 shares during the last quarter. Bank of America Corp DE increased its stake in shares of SharkNinja by 17.9% in the first quarter. Bank of America Corp DE now owns 559,813 shares of the company’s stock valued at $59,284,000 after buying an additional 84,796 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in SharkNinja during the 2nd quarter worth about $81,134,000. Finally, Vaughan Nelson Investment Management L.P. raised its position in shares of SharkNinja by 29.3% in the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 394,505 shares of the company’s stock valued at $41,778,000 after acquiring an additional 89,350 shares during the period. Institutional investors own 34.77% of the company’s stock.

SharkNinja Company Profile

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.