SharkNinja (NYSE:SN) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Key Points

• JPMorgan raised its target on SharkNinja to $146 with an "overweight" rating, implying roughly a 28.71% upside from the prior close and aligning with an average consensus price target near $146.20.
• SharkNinja topped Q1 estimates with $1.09 EPS (vs. $1.01 expected) and $1.41B revenue (up 15.6% y/y), and the company raised FY2026 guidance to $6.00–$6.10 EPS and about $7.1–$7.2B in revenue.
• Despite the beat, reported gross and adjusted gross margins contracted (pressure of roughly 10–100 bps) and the CFO sold 2,620 shares, a disclosed insider transaction that reduced their stake.

SharkNinja (NYSE:SN - Get Free Report) had its target price hoisted by research analysts at JPMorgan Chase & Co. from $144.00 to $146.00 in a report issued on Thursday,Benzinga reports. The brokerage presently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s price target indicates a potential upside of 28.71% from the stock's previous close.

Several other analysts have also weighed in on the company. Wall Street Zen upgraded SharkNinja from a "hold" rating to a "buy" rating in a report on Saturday, March 14th. Jefferies Financial Group reiterated a "buy" rating on shares of SharkNinja in a research note on Wednesday. Weiss Ratings reiterated a "hold (c+)" rating on shares of SharkNinja in a research note on Friday, April 10th. TD Cowen reiterated a "buy" rating on shares of SharkNinja in a research note on Wednesday, January 14th. Finally, Canaccord Genuity Group increased their target price on SharkNinja from $160.00 to $161.00 and gave the stock a "buy" rating in a research note on Monday. Nine equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $146.20.

SharkNinja Price Performance

Shares of NYSE SN traded down $2.06 during midday trading on Thursday, reaching $113.43. 1,350,993 shares of the stock traded hands, compared to its average volume of 1,730,206. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.04 and a quick ratio of 1.47. The stock has a market capitalization of $16.06 billion, a PE ratio of 22.96, a P/E/G ratio of 1.57 and a beta of 1.37. SharkNinja has a one year low of $80.69 and a one year high of $133.99. The company's 50 day moving average is $111.86 and its 200 day moving average is $110.09.

SharkNinja (NYSE:SN - Get Free Report) last posted its earnings results on Wednesday, May 6th. The company reported $1.09 EPS for the quarter, beating analysts' consensus estimates of $1.01 by $0.08. The firm had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.38 billion. SharkNinja had a return on equity of 30.71% and a net margin of 10.96%.The company's quarterly revenue was up 15.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.87 EPS. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. On average, equities research analysts anticipate that SharkNinja will post 5.77 earnings per share for the current year.

Insiders Place Their Bets

In related news, CFO Adam Quigley sold 2,620 shares of the firm's stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $114.36, for a total transaction of $299,623.20. Following the sale, the chief financial officer owned 8,673 shares of the company's stock, valued at $991,844.28. This trade represents a 23.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 11.12% of the stock is currently owned by insiders.

Institutional Investors Weigh In On SharkNinja

Institutional investors have recently added to or reduced their stakes in the stock. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in SharkNinja in the first quarter worth about $27,000. Geneos Wealth Management Inc. acquired a new position in SharkNinja in the third quarter valued at approximately $29,000. Larson Financial Group LLC grew its position in SharkNinja by 64.3% during the third quarter. Larson Financial Group LLC now owns 322 shares of the company's stock valued at $33,000 after buying an additional 126 shares during the period. Transamerica Financial Advisors LLC boosted its stake in shares of SharkNinja by 459.3% during the 4th quarter. Transamerica Financial Advisors LLC now owns 302 shares of the company's stock worth $34,000 after acquiring an additional 248 shares in the last quarter. Finally, Los Angeles Capital Management LLC acquired a new stake in shares of SharkNinja during the 4th quarter valued at about $38,000. Institutional investors own 34.77% of the company's stock.

Key SharkNinja News

Here are the key news stories impacting SharkNinja this week:

• Positive Sentiment: Q1 beat on both EPS and revenue — SharkNinja reported $1.09 EPS vs. ~$1.01 consensus and revenue of $1.41B (up 15.6% y/y), driven by strong category demand. Read More.
• Positive Sentiment: Company raised FY2026 EPS guidance to $6.00–$6.10 and provided revenue guidance of about $7.1–$7.2B — an upward revision on earnings that supports longer‑term targets. Read More.
• Positive Sentiment: Product-level strength helped the quarter (hot espresso machine and other small‑appliance demand), reinforcing management’s growth thesis around product innovation and international expansion. Read More.
• Neutral Sentiment: Analyst commentary is generally optimistic, with Wall Street bulls highlighting SN’s category momentum — but few major rating upgrades appeared to follow the release. Read More.
• Neutral Sentiment: Earnings call transcripts and slide deck are available for further detail on regional trends and new product cadence; these items will matter to investors tracking sustainability of growth. Read More.
• Negative Sentiment: Gross margin and adjusted gross margin contracted (down ~10–100 bps reported) and net income rose only modestly (+3.1%) despite 15.6% revenue growth, signaling margin pressure that could limit near-term EPS upside. Read More.

About SharkNinja

SharkNinja NYSE: SN is a leading designer, marketer and distributor of innovative small home appliances under the Shark® and Ninja® brands. The company's product portfolio spans floorcare, cleaning and home environment products, including upright, cordless and robotic vacuum cleaners, steam mops and air purifiers. In the kitchen category, SharkNinja offers a broad range of cooking and food preparation solutions, such as countertop ovens, air fryers, multicookers, blenders and coffee makers. Its products are positioned to deliver user-friendly performance, innovative features and durable design for everyday household tasks.

Founded in 1998 as Euro-Pro Operating LLC, the company initially focused on the European market before expanding its presence in North America.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.