Analysts Set SharkNinja, Inc. (NYSE:SN) Target Price at $164.80

Shares of SharkNinja, Inc. (NYSE:SN) have been assigned an average rating of “Moderate Buy” from the eleven brokerages that are presently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $167.90.

A number of equities analysts recently issued reports on SN shares. Jefferies Financial Group reiterated a “buy” rating on shares of SharkNinja in a report on Wednesday, May 6th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of SharkNinja in a report on Wednesday, July 8th. Guggenheim raised their price objective on shares of SharkNinja from $145.00 to $175.00 and gave the stock a “buy” rating in a report on Monday, July 6th. Oppenheimer upped their price target on SharkNinja from $145.00 to $170.00 and gave the company an “outperform” rating in a research report on Monday, July 13th. Finally, JPMorgan Chase & Co. raised their price objective on shares of SharkNinja from $146.00 to $170.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th.

Insider Activity

In other news, CFO Adam Quigley sold 6,923 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $112.97, for a total value of $782,091.31. Following the completion of the transaction, the chief financial officer directly owned 1,750 shares in the company, valued at approximately $197,697.50. This trade represents a 79.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 40.80% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Allworth Financial LP grew its position in SharkNinja by 5.2% during the third quarter. Allworth Financial LP now owns 1,936 shares of the company’s stock worth $200,000 after buying an additional 96 shares in the last quarter. Utah Retirement Systems increased its stake in SharkNinja by 2.3% in the fourth quarter. Utah Retirement Systems now owns 4,417 shares of the company’s stock valued at $494,000 after acquiring an additional 98 shares during the last quarter. World Investment Advisors raised its holdings in shares of SharkNinja by 4.6% during the 1st quarter. World Investment Advisors now owns 2,343 shares of the company’s stock valued at $248,000 after buying an additional 103 shares in the last quarter. Xponance LLC raised its stake in shares of SharkNinja by 1.9% during the fourth quarter. Xponance LLC now owns 5,584 shares of the company’s stock worth $625,000 after acquiring an additional 106 shares in the last quarter. Finally, GAMMA Investing LLC raised its position in SharkNinja by 24.3% in the 4th quarter. GAMMA Investing LLC now owns 562 shares of the company’s stock worth $63,000 after purchasing an additional 110 shares during the period. 34.77% of the stock is currently owned by hedge funds and other institutional investors.

SharkNinja Trading Up 2.8%

Shares of SN stock opened at $163.73 on Friday. The stock has a 50 day simple moving average of $139.60 and a two-hundred day simple moving average of $123.86. The company has a market cap of $23.17 billion, a P/E ratio of 33.01, a PEG ratio of 2.08 and a beta of 1.22. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.62 and a current ratio of 2.38. SharkNinja has a fifty-two week low of $83.12 and a fifty-two week high of $163.93.

SharkNinja (NYSE:SN) last issued its earnings results on Wednesday, May 6th. The company reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.08. The business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.38 billion. SharkNinja had a net margin of 10.70% and a return on equity of 29.07%. SharkNinja’s revenue was up 15.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.87 earnings per share. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. Research analysts forecast that SharkNinja will post 5.77 earnings per share for the current year.

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.