SharkNinja (NYSE:SN) Updates FY 2026 Earnings Guidance

SharkNinja (NYSE:SN - Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 6.000-6.10 for the period, compared to the consensus estimate of 6.000. The company issued revenue guidance of $7.1 billion-$7.2 billion, compared to the consensus revenue estimate of $7.2 billion.

Get SharkNinja SMS alerts:

Sign Up

SharkNinja Stock Performance

Shares of SN opened at $117.40 on Wednesday. The company has a current ratio of 2.04, a quick ratio of 1.47 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $16.62 billion, a price-to-earnings ratio of 23.77, a PEG ratio of 1.54 and a beta of 1.37. The stock has a 50 day moving average of $112.03 and a 200 day moving average of $109.94. SharkNinja has a 12 month low of $78.82 and a 12 month high of $133.99.

SharkNinja (NYSE:SN - Get Free Report) last issued its quarterly 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 company 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%.SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. As a group, sell-side analysts forecast that SharkNinja will post 5.76 earnings per share for the current year.

Analysts Set New Price Targets

SN has been the subject of a number of research analyst reports. Jefferies Financial Group reaffirmed a "buy" rating and set a $200.00 price target on shares of SharkNinja in a research report on Wednesday, February 11th. Oppenheimer raised their target price on SharkNinja from $140.00 to $145.00 and gave the stock an "outperform" rating in a research report on Friday, February 13th. Morgan Stanley set a $128.00 target price on SharkNinja in a research report on Thursday, February 12th. Wall Street Zen raised SharkNinja from a "hold" rating to a "buy" rating in a research report on Saturday, March 14th. Finally, TD Cowen reissued a "buy" rating on shares of SharkNinja in a research report on Wednesday, January 14th. Nine investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, SharkNinja presently has a consensus rating of "Moderate Buy" and a consensus price target of $146.00.

Insider Buying and Selling at SharkNinja

In other news, CFO Adam Quigley sold 2,620 shares of SharkNinja stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $114.36, for a total value of $299,623.20. Following the completion of the transaction, the chief financial officer directly owned 8,673 shares in the company, valued at approximately $991,844.28. The trade was a 23.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Hedge Funds Weigh In On SharkNinja

Several hedge funds have recently made changes to their positions in SN. Parsifal Capital Management LP purchased a new position in shares of SharkNinja in the third quarter valued at $111,773,000. Morgan Stanley boosted its stake in SharkNinja by 191.3% during the fourth quarter. Morgan Stanley now owns 1,080,326 shares of the company's stock valued at $120,889,000 after buying an additional 709,494 shares during the period. Evercore Wealth Management LLC bought a new stake in SharkNinja during the fourth quarter valued at $60,164,000. Disciplined Growth Investors Inc. MN bought a new stake in SharkNinja during the second quarter valued at $46,048,000. Finally, CI Investments Inc. boosted its stake in SharkNinja by 172,766.9% during the fourth quarter. CI Investments Inc. now owns 459,826 shares of the company's stock valued at $51,455,000 after buying an additional 459,560 shares during the period. 34.77% of the stock is currently owned by hedge funds and other institutional investors.

SharkNinja Company Profile

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.