SharkNinja (NYSE:SN) Reaches New 12-Month High – Should You Buy?

SharkNinja, Inc. (NYSE:SN)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $139.58 and last traded at $138.7150, with a volume of 504838 shares traded. The stock had previously closed at $136.28.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. National Bank Financial set a $145.00 target price on shares of SharkNinja in a report on Tuesday, March 17th. Canaccord Genuity Group increased their price target on shares of SharkNinja from $160.00 to $161.00 and gave the stock a “buy” rating in a report on Monday, May 4th. Jefferies Financial Group reaffirmed a “buy” rating on shares of SharkNinja in a report on Wednesday, May 6th. Wall Street Zen downgraded shares of SharkNinja from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of SharkNinja in a research note on Friday, April 10th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $150.00.

SharkNinja Trading Down 0.9%

The company’s fifty day simple moving average is $116.48 and its 200-day simple moving average is $115.53. The firm has a market capitalization of $19.10 billion, a PE ratio of 27.21, a P/E/G ratio of 1.79 and a beta of 1.35. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.38 and a quick ratio of 1.62.

SharkNinja (NYSE:SN) last released its earnings results on Wednesday, May 6th. The company reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.08. The business had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.38 billion. SharkNinja had a net margin of 10.70% and a return on equity of 29.07%. The company’s quarterly revenue was up 15.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.87 earnings per share. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. As a group, sell-side analysts expect that SharkNinja, Inc. will post 5.74 earnings per share for the current fiscal year.

Insider Activity at SharkNinja

In other SharkNinja news, CFO Adam Quigley sold 6,923 shares of SharkNinja stock in a transaction on Friday, May 8th. The shares were sold at an average price of $112.97, for a total transaction of $782,091.31. Following the sale, the chief financial officer owned 1,750 shares of the company’s stock, valued at $197,697.50. The trade was a 79.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 40.80% of the company’s stock.

Institutional Trading of SharkNinja

Hedge funds have recently bought and sold shares of the business. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in shares of SharkNinja during the 1st quarter worth approximately $27,000. Larson Financial Group LLC increased its holdings in shares of SharkNinja by 64.3% in the third quarter. Larson Financial Group LLC now owns 322 shares of the company’s stock valued at $33,000 after purchasing an additional 126 shares during the last quarter. Transamerica Financial Advisors LLC lifted its position in SharkNinja by 459.3% during the fourth quarter. Transamerica Financial Advisors LLC now owns 302 shares of the company’s stock worth $34,000 after buying an additional 248 shares in the last quarter. Los Angeles Capital Management LLC purchased a new position in SharkNinja during the fourth quarter worth approximately $38,000. Finally, Sunbelt Securities Inc. acquired a new position in SharkNinja during the third quarter worth $46,000. Institutional investors and hedge funds own 34.77% of the company’s stock.

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.