JPMorgan Chase & Co. Forecasts Strong Price Appreciation for SharkNinja (NYSE:SN) Stock

Key Points

• JPMorgan raised its SharkNinja price target to $243 from $223 and maintained an “overweight” rating, implying about 11.5% upside from the cited share price of $218.
• Analyst sentiment is broadly positive: 14 analysts rate the stock Buy, and the consensus price target is $208.32.
• SharkNinja beat quarterly estimates, reporting EPS of $2.34 versus $1.90 expected and revenue of $1.98 billion, up 21.2% year over year.

SharkNinja (NYSE:SN - Get Free Report) had its target price lifted by stock analysts at JPMorgan Chase & Co. from $223.00 to $243.00 in a report issued on Thursday, Benzinga reports. The brokerage presently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s target price indicates a potential upside of 11.47% from the company's current price.

Several other brokerages have also recently issued reports on SN. The Goldman Sachs Group reaffirmed a "buy" rating and set a $204.00 target price on shares of SharkNinja in a research note on Thursday, August 6th. Piper Sandler upped their target price on shares of SharkNinja from $200.00 to $234.00 and gave the stock an "overweight" rating in a report on Wednesday, October 28th. Oppenheimer increased their target price on shares of SharkNinja from $145.00 to $170.00 and gave the company an "outperform" rating in a research report on Monday, July 13th. UBS Group reissued a "buy" rating and issued a $219.10 price target on shares of SharkNinja in a research note on Wednesday, August 12th. Finally, Jefferies Financial Group reissued a "buy" rating and issued a $300.00 price target on shares of SharkNinja in a research note on Wednesday. Fourteen analysts have rated the stock with a Buy rating. According to MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of $208.32.

SharkNinja Price Performance

Shares of SharkNinja stock traded down $1.25 during mid-day trading on Thursday, reaching $218.00. 1,819,216 shares of the stock traded hands, compared to its average volume of 1,820,365. The stock has a market capitalization of $30.71 billion, a PE ratio of 44.49, a PEG ratio of 2.49 and a beta of 1.21. The business has a 50-day moving average of $184.85 and a 200 day moving average of $144.06. SharkNinja has a fifty-two week low of $83.21 and a fifty-two week high of $225.69. The company has a quick ratio of 1.45, a current ratio of 2.08 and a debt-to-equity ratio of 0.24.

SharkNinja (NYSE:SN - Get Free Report) last issued its quarterly earnings results on Wednesday, November 4th. The company reported $2.34 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.90 by $0.44. SharkNinja had a return on equity of 27.79% and a net margin of 10.06%. The firm had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same period in the previous year, the company posted $1.50 earnings per share. The business's revenue was up 21.2% on a year-over-year basis. On average, analysts predict that SharkNinja will post 5.89 EPS for the current year.

Insiders Place Their Bets

In other SharkNinja news, insider Neil Shah sold 50,000 shares of the firm's stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $186.36, for a total transaction of $9,318,000.00. Following the completion of the sale, the insider owned 497,220 shares of the company's stock, valued at $92,661,919.20. This trade represents a 9.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 100,000 shares of company stock valued at $18,613,911 in the last ninety days. Corporate insiders own 40.80% of the company's stock.

Institutional Investors Weigh In On SharkNinja

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SN. IFP Advisors Inc boosted its position in shares of SharkNinja by 108.2% during the 3rd quarter. IFP Advisors Inc now owns 177 shares of the company's stock worth $32,000 after acquiring an additional 92 shares in the last quarter. Clearstead Trust LLC purchased a new position in shares of SharkNinja in the 2nd quarter valued at about $30,000. Richardson Financial Services Inc. increased its holdings in shares of SharkNinja by 36.3% in the 3rd quarter. Richardson Financial Services Inc. now owns 199 shares of the company's stock valued at $36,000 after acquiring an additional 53 shares during the last quarter. Latitude Advisors LLC acquired a new stake in shares of SharkNinja during the 3rd quarter worth about $37,000. Finally, Timbuktu Capital Management LLC acquired a new stake in shares of SharkNinja during the 2nd quarter worth about $40,000. Hedge funds and other institutional investors own 34.77% of the company's stock.

Trending Headlines about SharkNinja

Here are the key news stories impacting SharkNinja this week:

• Positive Sentiment: Q3 adjusted earnings were $2.34 per share, above the roughly $1.90 analyst consensus, while revenue of $1.98 billion also exceeded expectations. Revenue grew 21.2% year over year, extending the company’s run of double-digit growth. SN Q3 Earnings Beat Estimates on Margin Gains, 2026 Outlook Raised
• Positive Sentiment: Management raised its 2026 outlook, citing category growth, international expansion and margin gains. The results and updated guidance helped fuel investor optimism after earnings. SharkNinja rises after Q3 earnings beat, raises full-year outlook
• Positive Sentiment: A fresh Buy rating helped push SN to a record high, adding analyst support to the strong earnings story. SharkNinja Stock Hits Record High On Fresh Buy Rating
• Neutral Sentiment: The company introduced a limited-edition Luxe Café espresso machine with a designer collaboration. The launch adds to its product lineup, though its financial impact was not specified. SharkNinja unveils limited-edition Luxe Café espresso machine
• Negative Sentiment: One near-term margin headwind is expected: reinvesting tariff refunds is projected to reduce fourth-quarter gross margin by about 100 basis points. Strong recent performance and high investor expectations may also make the shares vulnerable if growth or margins disappoint. SharkNinja: 3 Key Takeaways for Long-Term Investors

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.

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