SharkNinja, Inc. (NYSE:SN) Receives Consensus Rating of “Moderate Buy” from Analysts

SharkNinja, Inc. (NYSE:SN) has been assigned an average recommendation of “Moderate Buy” from the eleven analysts that are covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $150.00.

Several brokerages have weighed in on SN. Oppenheimer upped their price objective on shares of SharkNinja from $140.00 to $145.00 and gave the stock an “outperform” rating in a research note on Friday, February 13th. Weiss Ratings reissued a “hold (c+)” rating on shares of SharkNinja in a research note on Friday, April 10th. Wall Street Zen cut shares of SharkNinja from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Piper Sandler assumed coverage on shares of SharkNinja in a research note on Tuesday. They set an “overweight” rating and a $150.00 price target on the stock. Finally, Jefferies Financial Group reissued a “buy” rating on shares of SharkNinja in a research note on Wednesday, May 6th.

Insider Activity at SharkNinja

In other news, CFO Adam Quigley sold 6,923 shares of the stock in a transaction that occurred 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 directly owned 1,750 shares of the company’s stock, valued at $197,697.50. This represents a 79.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 40.80% of the stock is owned by company insiders.

Hedge Funds Weigh In On SharkNinja

Several large investors have recently bought and sold shares of the business. Allworth Financial LP lifted its holdings in SharkNinja by 5.2% in the third quarter. Allworth Financial LP now owns 1,936 shares of the company’s stock valued at $200,000 after buying an additional 96 shares during the period. Utah Retirement Systems lifted its holdings 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 during the period. World Investment Advisors lifted its holdings in SharkNinja by 4.6% in the first quarter. World Investment Advisors now owns 2,343 shares of the company’s stock valued at $248,000 after buying an additional 103 shares during the period. Xponance LLC lifted its holdings in SharkNinja by 1.9% in the fourth quarter. Xponance LLC now owns 5,584 shares of the company’s stock valued at $625,000 after buying an additional 106 shares during the period. Finally, GAMMA Investing LLC lifted its holdings in SharkNinja by 24.3% in the fourth quarter. GAMMA Investing LLC now owns 562 shares of the company’s stock valued at $63,000 after buying an additional 110 shares during the period. 34.77% of the stock is currently owned by institutional investors and hedge funds.

SharkNinja Price Performance

Shares of SharkNinja stock opened at $128.40 on Thursday. The company has a current ratio of 2.38, a quick ratio of 1.62 and a debt-to-equity ratio of 0.25. The stock has a market capitalization of $18.17 billion, a price-to-earnings ratio of 25.89, a P/E/G ratio of 1.73 and a beta of 1.34. SharkNinja has a 1-year low of $80.69 and a 1-year high of $133.99. The firm’s 50-day moving average price is $114.13 and its two-hundred day moving average price is $114.31.

SharkNinja (NYSE:SN) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.08. The firm had revenue of $1.41 billion for 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% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.87 earnings per share. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. On average, equities analysts predict that SharkNinja will post 5.74 earnings per share for the current fiscal year.

SharkNinja Company Profile

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.