SharkNinja (NYSE:SN) Announces Earnings Results

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

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 Stock Up 0.4%

NYSE SN traded up $0.79 on Thursday, hitting $220.04. 1,114,631 shares of the stock traded hands, compared to its average volume of 1,816,736. The stock has a 50-day moving average of $184.85 and a 200 day moving average of $144.06. SharkNinja has a twelve month low of $83.21 and a twelve month high of $225.69. The company has a market capitalization of $31.00 billion, a P/E ratio of 44.88, a price-to-earnings-growth ratio of 2.49 and a beta of 1.21. The company has a current ratio of 2.08, a quick ratio of 1.45 and a debt-to-equity ratio of 0.24.

More SharkNinja News

Here are the key news stories impacting SharkNinja this week:

• Positive Sentiment: SharkNinja reported Q3 adjusted earnings of $2.34 per share, above estimates of about $1.90, and revenue of $1.98 billion versus roughly $1.87 billion expected. Revenue increased 21.2% year over year, marking the company’s 14th straight quarter of double-digit growth. SharkNinja tops Q3 earnings and revenue estimates
• Positive Sentiment: The company raised its full-year outlook, with management expressing confidence in holiday-season demand. The results and guidance helped drive shares to a record high. SharkNinja rises after Q3 earnings beat and outlook increase
• Positive Sentiment: BTIG began coverage with a buy rating, adding to analyst support for the stock. SharkNinja stock hits record high on fresh buy rating
• Neutral Sentiment: SharkNinja introduced a limited-edition Luxe Café espresso machine with a designer collaboration. The launch adds product news but its financial impact is not yet clear. SharkNinja unveils limited-edition Luxe Café machine
• Negative Sentiment: Management said reinvesting tariff refunds will lower fourth-quarter gross margin by about 100 basis points, a near-term profitability headwind despite the strong sales outlook. SharkNinja: three key takeaways for long-term investors

Insider Activity at SharkNinja

In other news, insider Neil Shah sold 50,000 shares of SharkNinja stock in a transaction that occurred on 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 transaction, the insider owned 497,220 shares in the company, valued at approximately $92,661,919.20. This trade represents a 9.14% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last ninety days, insiders sold 100,000 shares of company stock valued at $18,613,911. 40.80% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on SN. The Goldman Sachs Group reaffirmed a “buy” rating and set a $204.00 price target on shares of SharkNinja in a report on Thursday, August 6th. TD Cowen boosted their price objective on shares of SharkNinja from $205.00 to $230.00 and gave the stock a “buy” rating in a report on Tuesday, October 27th. BTIG Research upped their price objective on shares of SharkNinja from $245.00 to $250.00 and gave the company a “buy” rating in a research report on Thursday. Oppenheimer raised their target price on SharkNinja from $145.00 to $170.00 and gave the company an “outperform” rating in a research note on Monday, July 13th. Finally, William Blair restated an “outperform” rating on shares of SharkNinja in a research note on Wednesday. Fourteen equities research analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, SharkNinja currently has an average rating of “Buy” and a consensus target price of $206.78.

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.