SharkNinja, Inc. (NYSE:SN) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of SharkNinja, Inc. (NYSE:SN) have earned an average recommendation of “Moderate Buy” from the twelve ratings firms that are currently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $145.90.

Several equities research analysts recently commented on SN shares. Weiss Ratings reissued a “hold (c+)” rating on shares of SharkNinja in a report on Friday, April 10th. Guggenheim boosted their price target on shares of SharkNinja from $140.00 to $145.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. JPMorgan Chase & Co. cut their price target on shares of SharkNinja from $152.00 to $144.00 and set an “overweight” rating for the company in a report on Friday, April 17th. TD Cowen reissued a “buy” rating on shares of SharkNinja in a report on Wednesday, January 14th. Finally, Wall Street Zen raised shares of SharkNinja from a “hold” rating to a “buy” rating in a report on Saturday, March 14th.

Insider Activity

In other news, CFO Adam Quigley sold 2,620 shares of the company’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $114.36, for a total transaction of $299,623.20. Following the completion of the sale, the chief financial officer owned 8,673 shares of the company’s stock, valued at $991,844.28. This represents a 23.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Institutional Investors Weigh In On SharkNinja

A number of large investors have recently modified their holdings of the business. FIL Ltd grew its holdings in shares of SharkNinja by 2.2% during the fourth quarter. FIL Ltd now owns 2,268,418 shares of the company’s stock worth $253,836,000 after buying an additional 48,163 shares in the last quarter. Alliancebernstein L.P. grew its holdings in shares of SharkNinja by 13.2% during the third quarter. Alliancebernstein L.P. now owns 1,513,839 shares of the company’s stock worth $156,152,000 after buying an additional 176,104 shares in the last quarter. Palestra Capital Management LLC grew its holdings in shares of SharkNinja by 10.3% during the third quarter. Palestra Capital Management LLC now owns 1,388,046 shares of the company’s stock worth $143,177,000 after buying an additional 130,121 shares in the last quarter. Parsifal Capital Management LP purchased a new stake in shares of SharkNinja during the third quarter worth $111,773,000. Finally, Morgan Stanley grew its holdings in shares of SharkNinja by 191.3% during the fourth quarter. Morgan Stanley now owns 1,080,326 shares of the company’s stock worth $120,889,000 after buying an additional 709,494 shares in the last quarter. Hedge funds and other institutional investors own 34.77% of the company’s stock.

SharkNinja Price Performance

Shares of NYSE SN opened at $118.40 on Wednesday. The firm has a market cap of $16.72 billion, a PE ratio of 23.97, a PEG ratio of 1.62 and a beta of 1.54. The firm has a fifty day moving average of $114.21 and a 200 day moving average of $108.57. 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 one year low of $72.64 and a one year high of $133.99.

SharkNinja (NYSE:SN) last issued its quarterly earnings results on Wednesday, February 11th. The company reported $1.93 EPS for the quarter, topping the consensus estimate of $1.78 by $0.15. The company had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.09 billion. SharkNinja had a net margin of 10.96% and a return on equity of 30.71%. The firm’s revenue was up 17.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.40 EPS. SharkNinja has set its FY 2026 guidance at 5.900-6.000 EPS. As a group, research analysts predict that SharkNinja will post 5.76 EPS for the current fiscal year.

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.