SharkNinja (SN) to Release Quarterly Earnings on Thursday

SharkNinja (NYSE:SN - Get Free Report) is projected to release its Q1 2025 earnings data before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of $0.76 per share and revenue of $1.17 billion for the quarter. SharkNinja has set its FY 2025 guidance at 4.800-4.900 EPS.

SharkNinja (NYSE:SN - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The company reported $1.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.26 by ($0.06). The business had revenue of $1.79 billion during the quarter, compared to analyst estimates of $1.61 billion. SharkNinja had a net margin of 7.94% and a return on equity of 32.51%. On average, analysts expect SharkNinja to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

SharkNinja Stock Performance

SN stock traded down $1.04 during mid-day trading on Tuesday, hitting $81.49. 501,407 shares of the company were exchanged, compared to its average volume of 1,416,697. SharkNinja has a 1-year low of $60.50 and a 1-year high of $123.00. The company has a current ratio of 1.73, a quick ratio of 1.14 and a debt-to-equity ratio of 0.38. The business has a 50 day simple moving average of $83.05 and a 200-day simple moving average of $96.51. The stock has a market capitalization of $11.44 billion, a PE ratio of 26.16, a price-to-earnings-growth ratio of 2.35 and a beta of 1.68.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Oppenheimer reduced their price objective on shares of SharkNinja from $130.00 to $105.00 and set an "outperform" rating for the company in a research report on Thursday, May 1st. The Goldman Sachs Group reduced their target price on SharkNinja from $133.00 to $100.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. JPMorgan Chase & Co. dropped their target price on shares of SharkNinja from $139.00 to $98.00 and set an "overweight" rating on the stock in a research note on Friday, April 11th. Morgan Stanley upped their price target on shares of SharkNinja from $93.00 to $108.00 and gave the company an "equal weight" rating in a research note on Friday, February 14th. Finally, Canaccord Genuity Group increased their target price on SharkNinja from $129.00 to $136.00 and gave the company a "buy" rating in a report on Friday, February 14th. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $115.06.

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.