Wall Street Zen Upgrades SharkNinja (NYSE:SN) to Buy

Key Points

• Wall Street Zen upgraded SharkNinja to “buy” from “hold,” joining a broader bullish analyst view. Eleven analysts rate the stock Buy and one rates it Hold, with a consensus “Moderate Buy” rating and an average price target of $185.82.
• SharkNinja reported quarterly EPS of $1.26, beating estimates by $0.15, while revenue rose 22.2% year over year to $1.77 billion. The company issued fiscal 2026 EPS guidance of $6.45–$6.55.
• The stock opened at $185.51 and is near its 12-month high of $187.63, after rising sharply above its 50-day and 200-day moving averages. Insider Neil B. Shah sold 29,667 shares worth about $5.5 million, while institutional and hedge-fund ownership accounts for 34.77% of shares.

SharkNinja (NYSE:SN - Get Free Report) was upgraded by Wall Street Zen from a "hold" rating to a "buy" rating in a report issued on Saturday.

A number of other equities research analysts also recently weighed in on SN. Guggenheim raised their price objective on SharkNinja from $175.00 to $210.00 and gave the company a "buy" rating in a research report on Thursday. Oppenheimer boosted their target price on shares of SharkNinja from $145.00 to $170.00 and gave the stock an "outperform" rating in a report on Monday, July 13th. Jefferies Financial Group restated a "buy" rating on shares of SharkNinja in a report on Wednesday, May 6th. Canaccord Genuity Group raised their price target on shares of SharkNinja from $185.00 to $210.00 and gave the company a "buy" rating in a report on Thursday. Finally, TD Cowen lifted their price objective on shares of SharkNinja from $160.00 to $205.00 and gave the stock a "buy" rating in a research report on Friday. Eleven equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $185.82.

SharkNinja Stock Up 3.1%

SharkNinja stock opened at $185.51 on Friday. The business has a fifty day moving average of $146.37 and a two-hundred day moving average of $125.88. The company has a quick ratio of 1.62, a current ratio of 2.08 and a debt-to-equity ratio of 0.24. The firm has a market cap of $26.13 billion, a P/E ratio of 37.86, a P/E/G ratio of 2.36 and a beta of 1.21. SharkNinja has a twelve month low of $83.12 and a twelve month high of $187.63.

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

Insider Activity

In other SharkNinja news, insider Neil B. Shah sold 29,667 shares of the firm's stock in a transaction on Friday, August 7th. The shares were sold at an average price of $186.76, for a total value of $5,540,608.92. Following the completion of the transaction, the insider owned 61,099 shares of the company's stock, valued at approximately $11,410,849.24. This trade represents a 32.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 40.80% of the company's stock.

Hedge Funds Weigh In On SharkNinja

Hedge funds have recently made changes to their positions in the company. Wealth High Governance Capital Ltda purchased a new position in shares of SharkNinja during the 4th quarter valued at approximately $17,072,000. Strs Ohio lifted its stake in shares of SharkNinja by 23.8% in the 4th quarter. Strs Ohio now owns 201,795 shares of the company's stock valued at $22,581,000 after purchasing an additional 38,815 shares during the period. Nicholas Company Inc. boosted its holdings in SharkNinja by 30.3% during the fourth quarter. Nicholas Company Inc. now owns 116,041 shares of the company's stock worth $12,985,000 after buying an additional 26,962 shares in the last quarter. K.J. Harrison & Partners Inc purchased a new stake in SharkNinja during the fourth quarter worth $1,231,000. Finally, Raiffeisen Bank International AG grew its position in SharkNinja by 33.3% during the fourth quarter. Raiffeisen Bank International AG now owns 80,000 shares of the company's stock valued at $9,095,000 after buying an additional 20,000 shares during the period. 34.77% of the stock is owned by institutional investors and hedge funds.

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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