SharkNinja (NYSE:SN) Releases Quarterly Earnings Results, Misses Estimates By $0.06 EPS

SharkNinja (NYSE:SN) issued its earnings results on Thursday. The company reported $1.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.26 by ($0.06), Zacks reports. SharkNinja had a net margin of 7.02% and a return on equity of 32.55%. SharkNinja updated its FY 2025 guidance to 4.800-4.900 EPS.

SharkNinja Trading Down 3.6 %

Shares of NYSE:SN traded down $4.12 during mid-day trading on Friday, reaching $110.32. The stock had a trading volume of 1,578,203 shares, compared to its average volume of 879,238. The firm has a market cap of $15.44 billion, a PE ratio of 43.26, a price-to-earnings-growth ratio of 1.74 and a beta of 1.13. The firm has a 50 day simple moving average of $104.88 and a two-hundred day simple moving average of $100.68. The company has a current ratio of 1.67, a quick ratio of 0.95 and a debt-to-equity ratio of 0.42. SharkNinja has a twelve month low of $49.86 and a twelve month high of $123.00.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on SN shares. Jefferies Financial Group raised their target price on shares of SharkNinja from $150.00 to $175.00 and gave the company a “buy” rating in a research note on Thursday. Morgan Stanley raised their target price on shares of SharkNinja from $93.00 to $108.00 and gave the company an “equal weight” rating in a research note on Friday. JPMorgan Chase & Co. raised their target price on shares of SharkNinja from $120.00 to $127.00 and gave the company an “overweight” rating in a research note on Thursday, January 16th. Canaccord Genuity Group increased their price target on shares of SharkNinja from $129.00 to $136.00 and gave the company a “buy” rating in a research report on Friday. Finally, The Goldman Sachs Group increased their price target on shares of SharkNinja from $102.00 to $123.00 and gave the company a “buy” rating in a research report on Monday, October 21st. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $122.50.

About SharkNinja

SharkNinja, Inc, a product design and technology company, engages in the provision of various solutions for consumers worldwide. It offers cleaning appliances, including corded and cordless vacuums, including handheld and robotic vacuums, as well as other floorcare products comprising steam mops, wet/dry cleaning floor products, and carpet extraction; cooking and beverage appliances, such as air fryers, multi-cookers, outdoor and countertop grills and ovens, coffee systems, carbonation, cookware, cutlery, kettles, toasters and bakeware; food preparation appliances comprising blenders, food processors, ice cream makers, and juicers; and beauty appliances, such as hair dryers and stylers, as well as home environment products comprising air purifiers and humidifiers.