TD Cowen Raises SharkNinja (NYSE:SN) Price Target to $205.00

Key Points

• TD Cowen raised SharkNinja’s price target from $160 to $205 and maintained a “buy” rating, implying 10.51% upside from the prior close.
• Analyst sentiment remains strongly positive: 11 analysts rate the stock a Buy and one rates it a Hold, producing a consensus “Moderate Buy” rating and average target of $185.82.
• SharkNinja reported quarterly EPS of $1.26 and revenue of $1.77 billion, surpassing estimates and representing 22.2% year-over-year revenue growth; shares rose 3.1% to $185.51.

SharkNinja (NYSE:SN - Get Free Report) had its price objective lifted by stock analysts at TD Cowen from $160.00 to $205.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage presently has a "buy" rating on the stock. TD Cowen's target price points to a potential upside of 10.51% from the company's previous close.

SN has been the subject of several other reports. JPMorgan Chase & Co. raised their target price on SharkNinja from $170.00 to $207.00 and gave the stock an "overweight" rating in a research report on Thursday. The Goldman Sachs Group restated a "buy" rating and set a $204.00 price objective on shares of SharkNinja in a research report on Thursday. Jefferies Financial Group reiterated a "buy" rating on shares of SharkNinja in a report on Wednesday, May 6th. Guggenheim upped their price objective on shares of SharkNinja from $175.00 to $210.00 and gave the company a "buy" rating in a research note on Thursday. Finally, Weiss Ratings raised shares of SharkNinja from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday. Eleven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, SharkNinja presently has a consensus rating of "Moderate Buy" and an average target price of $185.82.

SharkNinja Trading Up 3.1%

SharkNinja stock traded up $5.58 during trading hours on Friday, hitting $185.51. The stock had a trading volume of 1,475,993 shares, compared to its average volume of 1,887,631. The business's 50 day simple moving average is $145.10 and its 200-day simple moving average is $125.46. SharkNinja has a one year low of $83.12 and a one year high of $187.63. The stock has a market cap of $26.25 billion, a price-to-earnings ratio of 37.86, a P/E/G ratio of 2.38 and a beta of 1.21. The company has a quick ratio of 1.62, a current ratio of 2.08 and a debt-to-equity ratio of 0.24.

SharkNinja (NYSE:SN - Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $1.26 EPS for the quarter, topping the consensus estimate of $1.11 by $0.15. SharkNinja had a net margin of 10.06% and a return on equity of 27.79%. The business had revenue of $1.77 billion for the quarter, compared to the consensus estimate of $1.65 billion. During the same period last year, the company earned $0.97 EPS. The firm's revenue was up 22.2% compared to the same quarter last year. SharkNinja has set its FY 2026 guidance at 6.450-6.550 EPS. On average, equities analysts predict that SharkNinja will post 5.77 EPS for the current fiscal year.

Hedge Funds Weigh In On SharkNinja

Several institutional investors have recently made changes to their positions in SN. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in shares of SharkNinja in the 1st quarter valued at about $27,000. Clearstead Trust LLC bought a new position in SharkNinja in the second quarter worth approximately $30,000. Larson Financial Group LLC grew its stake in SharkNinja by 64.3% in the third quarter. Larson Financial Group LLC now owns 322 shares of the company's stock valued at $33,000 after acquiring an additional 126 shares during the period. Transamerica Financial Advisors LLC increased its holdings in shares of SharkNinja by 459.3% during the fourth quarter. Transamerica Financial Advisors LLC now owns 302 shares of the company's stock valued at $34,000 after acquiring an additional 248 shares in the last quarter. Finally, Los Angeles Capital Management LLC bought a new stake in shares of SharkNinja during the fourth quarter valued at approximately $38,000. Institutional investors and hedge funds own 34.77% of the company's stock.

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.

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