SharkNinja, Inc. (SN) - What Are Brokerages Saying About This Stock?

Key Points

• Analyst sentiment is uniformly bullish: all 12 covering firms rate SharkNinja “Buy,” with an average 12-month price target of $194.84. Recent target increases include Guggenheim at $210 and UBS at $219.10.
• Recent financial results exceeded expectations: quarterly EPS was $1.26 versus the $1.11 consensus, while revenue rose 22.2% year over year to $1.77 billion, surpassing estimates of $1.65 billion.
• The stock is trading near its 12-month high: shares opened at $208.33 compared with a 12-month range of $83.12 to $211.48. Insiders have sold 100,000 shares worth about $18.6 million over the past three months.

Shares of SharkNinja, Inc. (NYSE:SN - Get Free Report) have been given a consensus recommendation of "Buy" by the twelve research firms that are currently covering the stock, MarketBeat.com reports. Twelve equities research analysts have rated the stock with a buy rating. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $194.84.

A number of equities research analysts have recently weighed in on SN shares. Weiss Ratings upgraded SharkNinja from a "buy (b-)" rating to a "buy (b)" rating in a research note on Monday, August 17th. Guggenheim increased their price objective on shares of SharkNinja from $175.00 to $210.00 and gave the company a "buy" rating in a research report 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 lifted their target price on shares of SharkNinja from $145.00 to $165.00 and gave the stock a "buy" rating in a research note on Tuesday, July 7th. Finally, Oppenheimer boosted their target price on shares of SharkNinja from $145.00 to $170.00 and gave the stock an "outperform" rating in a research report on Monday, July 13th.

SharkNinja Price Performance

NYSE SN opened at $208.33 on Friday. The firm's fifty day simple moving average is $182.94 and its two-hundred day simple moving average is $142.72. The company has a current ratio of 2.08, a quick ratio of 1.45 and a debt-to-equity ratio of 0.24. SharkNinja has a 12-month low of $83.12 and a 12-month high of $211.48. The firm has a market capitalization of $29.35 billion, a P/E ratio of 42.52, a P/E/G ratio of 2.46 and a beta of 1.27.

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

Insider Activity

In other news, insider Neil Shah sold 50,000 shares of SharkNinja 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 sale, the insider directly owned 497,220 shares in the company, valued at approximately $92,661,919.20. The trade was a 9.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders have sold a total of 100,000 shares of company stock valued at $18,613,911 over the last three months. Company insiders own 40.80% of the company's stock.

Hedge Funds Weigh In On SharkNinja

Hedge funds have recently made changes to their positions in the company. WCM Investment Management LLC lifted its stake in SharkNinja by 4.3% during the 1st quarter. WCM Investment Management LLC now owns 793,063 shares of the company's stock valued at $77,419,000 after acquiring an additional 32,524 shares during the period. Evercore Wealth Management LLC increased its stake in shares of SharkNinja by 24.7% in the first quarter. Evercore Wealth Management LLC now owns 670,411 shares of the company's stock worth $70,997,000 after acquiring an additional 132,749 shares during the period. Bank of America Corp DE increased its stake in shares of SharkNinja by 17.9% in the first quarter. Bank of America Corp DE now owns 559,813 shares of the company's stock worth $59,284,000 after acquiring an additional 84,796 shares during the period. Bank of New York Mellon Corp purchased a new position in shares of SharkNinja during the second quarter worth $81,134,000. Finally, Allspring Global Investments Holdings LLC raised its holdings in shares of SharkNinja by 11.8% during the first quarter. Allspring Global Investments Holdings LLC now owns 391,140 shares of the company's stock worth $41,652,000 after purchasing an additional 41,323 shares during the last quarter. 34.77% of the stock is owned by institutional investors and hedge funds.

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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