SharkNinja (NYSE:SN) Releases FY 2025 Earnings Guidance

Key Points

• SharkNinja has updated its FY 2025 earnings guidance, projecting EPS between 5.000-5.100 and revenue of $6.2 billion-$6.4 billion, slightly above analysts' expectations.
• Equities analysts have provided mixed ratings for SharkNinja, with seven analysts issuing a "buy" rating and an average target price of $129.13.
• SharkNinja's stock performance shows a recent increase, trading at $115.37, with significant institutional investments noted in the most recent quarter.

SharkNinja (NYSE:SN - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 5.000-5.100 for the period, compared to the consensus EPS estimate of 5.031. The company issued revenue guidance of $6.2 billion-$6.4 billion, compared to the consensus revenue estimate of $6.3 billion.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on SN shares. Canaccord Genuity Group raised their price objective on SharkNinja from $127.00 to $136.00 and gave the company a "buy" rating in a research report on Thursday, July 17th. JPMorgan Chase & Co. lifted their price target on shares of SharkNinja from $108.00 to $144.00 and gave the company an "overweight" rating in a research report on Friday, July 25th. Guggenheim cut their price objective on shares of SharkNinja from $135.00 to $120.00 and set a "buy" rating on the stock in a report on Friday, May 9th. Oppenheimer lifted their target price on shares of SharkNinja from $120.00 to $135.00 and gave the company an "outperform" rating in a report on Monday, July 28th. Finally, Morgan Stanley upped their price target on SharkNinja from $85.00 to $101.00 and gave the stock an "equal weight" rating in a research note on Friday, May 9th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $129.13.

SharkNinja Stock Performance

Shares of NYSE SN traded up $1.21 during trading on Thursday, reaching $115.37. 3,410,791 shares of the company traded hands, compared to its average volume of 1,661,577. The firm has a 50 day simple moving average of $102.61 and a 200-day simple moving average of $96.49. SharkNinja has a 52-week low of $60.50 and a 52-week high of $128.51. The stock has a market capitalization of $16.27 billion, a PE ratio of 36.51, a P/E/G ratio of 2.23 and a beta of 1.69. The company has a quick ratio of 1.17, a current ratio of 1.97 and a debt-to-equity ratio of 0.36.

SharkNinja (NYSE:SN - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The company reported $0.97 EPS for the quarter, beating the consensus estimate of $0.78 by $0.19. The firm had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.38 billion. SharkNinja had a net margin of 7.86% and a return on equity of 28.89%. The business's revenue for the quarter was up 15.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.71 EPS. Equities research analysts anticipate that SharkNinja will post 4.52 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC bought a new position in SharkNinja in the 1st quarter worth approximately $369,000. Acadian Asset Management LLC purchased a new position in SharkNinja during the first quarter valued at $656,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in SharkNinja by 7.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 50,813 shares of the company's stock valued at $4,238,000 after acquiring an additional 3,632 shares during the last quarter. Royal Bank of Canada lifted its stake in SharkNinja by 21.8% in the 1st quarter. Royal Bank of Canada now owns 71,872 shares of the company's stock worth $5,995,000 after purchasing an additional 12,851 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of SharkNinja by 169.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 505,301 shares of the company's stock valued at $42,147,000 after purchasing an additional 317,730 shares during the last quarter. Institutional investors own 34.77% of the company's stock.

About SharkNinja

SharkNinja, Inc, a product design and technology company, engages in the provision of various solutions for consumers worldwide. It offers cleaning appliances, including corded and cordless vacuums, including handheld and robotic vacuums, as well as other floorcare products comprising steam mops, wet/dry cleaning floor products, and carpet extraction; cooking and beverage appliances, such as air fryers, multi-cookers, outdoor and countertop grills and ovens, coffee systems, carbonation, cookware, cutlery, kettles, toasters and bakeware; food preparation appliances comprising blenders, food processors, ice cream makers, and juicers; and beauty appliances, such as hair dryers and stylers, as well as home environment products comprising air purifiers and humidifiers.

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