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

Shares of SharkNinja, Inc. (NYSE:SN) have been given an average recommendation of “Moderate Buy” by the thirteen analysts that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a hold rating and twelve have given a buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $188.5917.

Several research firms have recently weighed in on SN. Bank of America increased their price target on shares of SharkNinja from $145.00 to $165.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. Canaccord Genuity Group lifted their target price on shares of SharkNinja from $185.00 to $210.00 and gave the company a “buy” rating in a report on Thursday, August 6th. The Goldman Sachs Group restated a “buy” rating and set a $204.00 target price on shares of SharkNinja in a report on Thursday, August 6th. Guggenheim upped their price objective on SharkNinja from $175.00 to $210.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Finally, Wall Street Zen raised shares of SharkNinja from a “hold” rating to a “buy” rating in a report on Saturday, August 8th.

SharkNinja Stock Down 0.8%

Shares of NYSE SN opened at $161.30 on Friday. The company has a current ratio of 2.08, a quick ratio of 1.45 and a debt-to-equity ratio of 0.24. The company has a 50-day moving average of $168.77 and a 200 day moving average of $135.90. The stock has a market cap of $22.72 billion, a PE ratio of 32.92, a P/E/G ratio of 1.92 and a beta of 1.24. SharkNinja has a 12-month low of $83.12 and a 12-month high of $194.54.

SharkNinja (NYSE:SN) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $1.26 EPS for the quarter, beating the consensus estimate of $1.11 by $0.15. The firm had revenue of $1.77 billion during the quarter, compared to analysts’ expectations of $1.65 billion. SharkNinja had a return on equity of 27.79% and a net margin of 10.06%.The business’s revenue for the quarter was up 22.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.97 earnings per share. SharkNinja has set its FY 2026 guidance at 6.450-6.550 EPS. As a group, sell-side analysts predict that SharkNinja will post 5.89 EPS for the current fiscal year.

Insider Buying and Selling

In other SharkNinja news, insider Neil Shah sold 50,000 shares of the stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $186.36, for a total value of $9,318,000.00. Following the transaction, the insider directly owned 497,220 shares in the company, valued at $92,661,919.20. This represents a 9.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold 100,000 shares of company stock valued at $18,613,911 in the last 90 days. Corporate insiders own 40.80% of the company’s stock.

Institutional Trading of SharkNinja

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in SharkNinja during the first quarter worth approximately $27,000. Clearstead Trust LLC acquired a new stake in shares of SharkNinja during the 2nd quarter valued at approximately $30,000. Larson Financial Group LLC boosted its position in SharkNinja by 64.3% during the third quarter. Larson Financial Group LLC now owns 322 shares of the company’s stock worth $33,000 after purchasing an additional 126 shares in the last quarter. Transamerica Financial Advisors LLC boosted its position in SharkNinja by 459.3% during the fourth quarter. Transamerica Financial Advisors LLC now owns 302 shares of the company’s stock worth $34,000 after purchasing an additional 248 shares in the last quarter. Finally, Los Angeles Capital Management LLC acquired a new stake in SharkNinja in the fourth quarter valued at $38,000. Institutional investors and hedge funds own 34.77% of the company’s stock.

About SharkNinja

SharkNinja, Inc is a global product design and technology company that develops and markets consumer appliances and household products. Its portfolio is organized primarily around the Shark and Ninja brands, which are sold through retailers, e-commerce channels and other distribution partners.

Shark products include vacuum cleaners, floor-care systems, air purifiers, beauty appliances and other home-cleaning solutions. Ninja products include blenders, food processors, air fryers, coffee and beverage systems, cookware, ovens, grills and other kitchen appliances.