SharkNinja (NYSE:SN) Sets New 1-Year High – Should You Buy?

SharkNinja, Inc. (NYSE:SN) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $146.44 and last traded at $146.0110, with a volume of 1360042 shares. The stock had previously closed at $145.10.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on SN shares. Jefferies Financial Group reaffirmed a “buy” rating on shares of SharkNinja in a research report on Wednesday, May 6th. Weiss Ratings reiterated a “hold (c+)” rating on shares of SharkNinja in a report on Friday, April 10th. Canaccord Genuity Group boosted their price objective on shares of SharkNinja from $160.00 to $161.00 and gave the company a “buy” rating in a research note on Monday, May 4th. Piper Sandler initiated coverage on SharkNinja in a report on Tuesday, June 9th. They set an “overweight” rating and a $150.00 price objective for the company. Finally, Wall Street Zen cut SharkNinja from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, SharkNinja currently has a consensus rating of “Moderate Buy” and an average price target of $150.00.

SharkNinja Price Performance

The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.62 and a current ratio of 2.38. The firm has a market cap of $21.53 billion, a price-to-earnings ratio of 30.67, a price-to-earnings-growth ratio of 2.04 and a beta of 1.34. The company’s fifty day moving average is $122.68 and its two-hundred day moving average is $118.36.

SharkNinja (NYSE:SN) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.08. SharkNinja had a return on equity of 29.07% and a net margin of 10.70%.The firm had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.38 billion. During the same period in the prior year, the firm earned $0.87 EPS. The firm’s quarterly revenue was up 15.6% compared to the same quarter last year. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. Equities research analysts forecast that SharkNinja, Inc. will post 5.74 EPS for the current year.

Insiders Place Their Bets

In other SharkNinja news, CFO Adam Quigley sold 6,923 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $112.97, for a total value of $782,091.31. Following the completion of the transaction, the chief financial officer owned 1,750 shares in the company, valued at $197,697.50. This represents a 79.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 40.80% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new position in shares of SharkNinja in the first quarter valued at $27,000. Larson Financial Group LLC lifted its holdings in SharkNinja by 64.3% in the 3rd quarter. Larson Financial Group LLC now owns 322 shares of the company’s stock worth $33,000 after buying an additional 126 shares in the last quarter. Transamerica Financial Advisors LLC boosted its position in SharkNinja by 459.3% in the 4th quarter. Transamerica Financial Advisors LLC now owns 302 shares of the company’s stock valued at $34,000 after buying an additional 248 shares during the last quarter. Los Angeles Capital Management LLC purchased a new position in SharkNinja in the 4th quarter valued at about $38,000. Finally, Sunbelt Securities Inc. acquired a new stake in shares of SharkNinja during the third quarter valued at about $46,000. 34.77% of the stock is owned by institutional investors and hedge funds.

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.