SharkNinja, Inc. (NYSE:SN) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Key Points

• Analyst sentiment is favorable: Twelve of 13 covering brokerages rate SharkNinja a buy, while one recommends holding. The average 12-month price target is approximately $188.59, with recent targets ranging from $165 to $219.10.
• Recent results exceeded expectations: SharkNinja reported quarterly EPS of $1.26 versus the $1.11 consensus estimate and revenue of $1.77 billion, up 22.2% year over year and above estimates of $1.65 billion.
• Shares opened at $161.30, below the analyst consensus target, while an insider recently sold 50,000 shares for $9.3 million; insiders have sold $18.6 million worth of stock over the past quarter.

SharkNinja, Inc. (NYSE:SN - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the thirteen research firms that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a hold recommendation and twelve have issued a buy recommendation on the company. The average 1-year price target among analysts that have covered the stock in the last year is $188.5917.

Several analysts recently weighed in on the company. TD Cowen lifted their price objective on SharkNinja from $160.00 to $205.00 and gave the company a "buy" rating in a report on Friday, August 7th. The Goldman Sachs Group restated a "buy" rating and set a $204.00 price objective on shares of SharkNinja in a research note on Thursday, August 6th. UBS Group reaffirmed a "buy" rating and issued a $219.10 price objective on shares of SharkNinja in a research report on Wednesday, August 12th. Bank of America upped their target price on SharkNinja from $145.00 to $165.00 and gave the company a "buy" rating in a research report on Tuesday, July 7th. Finally, Canaccord Genuity Group lifted their price objective on shares of SharkNinja from $185.00 to $210.00 and gave the stock a "buy" rating in a research note on Thursday, August 6th.

SharkNinja Trading Down 0.8%

Shares of NYSE SN opened at $161.30 on Friday. The business's 50 day moving average is $168.77 and its two-hundred day moving average is $135.90. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.08 and a quick ratio of 1.45. SharkNinja has a 1-year low of $83.12 and a 1-year high of $194.54. The stock has a market capitalization of $22.72 billion, a P/E ratio of 32.92, a PEG ratio of 1.92 and a beta of 1.24.

SharkNinja (NYSE:SN - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $1.26 EPS for the quarter, topping the consensus estimate of $1.11 by $0.15. SharkNinja had a net margin of 10.06% and a return on equity of 27.79%. The company had revenue of $1.77 billion during the quarter, compared to analyst estimates of $1.65 billion. During the same period in the previous year, the firm earned $0.97 earnings per share. SharkNinja's quarterly revenue was up 22.2% compared to the same quarter last year. SharkNinja has set its FY 2026 guidance at 6.450-6.550 EPS. As a group, research analysts expect that SharkNinja will post 5.89 EPS for the current year.

Insider Buying and Selling at SharkNinja

In related news, insider Neil Shah sold 50,000 shares of the firm's stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $186.36, for a total transaction of $9,318,000.00. Following the completion of the transaction, 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 sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold a total of 100,000 shares of company stock valued at $18,613,911 in the last quarter. 40.80% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Tidal Investments LLC lifted its stake in shares of SharkNinja by 25.1% in the 2nd quarter. Tidal Investments LLC now owns 73,873 shares of the company's stock valued at $11,249,000 after purchasing an additional 14,803 shares during the period. WINTON GROUP Ltd acquired a new position in shares of SharkNinja in the second quarter worth about $2,463,000. Integrated Wealth Concepts LLC boosted its stake in shares of SharkNinja by 17.3% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 5,974 shares of the company's stock worth $910,000 after acquiring an additional 879 shares in the last quarter. Maven Securities LTD acquired a new stake in shares of SharkNinja during the 2nd quarter valued at about $6,744,000. Finally, Arizona State Retirement System purchased a new position in shares of SharkNinja in the 2nd quarter valued at about $3,717,000. 34.77% of the stock is owned by institutional investors and hedge funds.

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.

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