SharkNinja (NYSE:SN) Posts Quarterly Earnings Results, Beats Estimates By $0.44 EPS

SharkNinja (NYSE:SN) issued its earnings results on Wednesday. The company reported $2.34 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.44, FiscalAI reports. SharkNinja had a return on equity of 28.84% and a net margin of 11.64%. The business had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same period last year, the company posted $1.50 EPS. The business’s quarterly revenue was up 21.2% on a year-over-year basis.

Here are the key takeaways from SharkNinja’s conference call:

• Strong growth led to higher 2026 guidance: Q3 net sales rose 21.2% year over year, with growth in both domestic and international markets. SharkNinja raised its full-year sales growth outlook to 18%–19% and its adjusted EPS range to $6.65–$6.75.
• Growth was broad-based, including in the core business: Management highlighted strong U.S. performance, international gains, and momentum across several categories; cooking and beverage sales rose 36.6%, while beauty and home environment grew 45.8%. Executives said innovation and refreshed assortments are supporting the established business as well as newer categories.
• International and digital channels are expanding the company’s reach: SharkNinja expects international sales growth to re-accelerate in Q4 and plans to have TikTok Shop operating in 14 countries ahead of the holiday season. Management also said social content generates off-platform sales, though these channel opportunities remain company projections.
• Q3 profitability benefited from tariff refunds, while underlying costs remain a headwind: Excluding the refund benefit, adjusted gross margin would have been down about 100 basis points, reflecting commodity, fuel, and foreign-exchange pressures. The company expects Q4 adjusted gross margin to decline about 100 basis points and adjusted EBITDA growth to slow to roughly 9%, citing the timing of reinvestments intended to support future growth.

SharkNinja Stock Up 2.9%

Shares of NYSE SN traded up $6.23 on Friday, hitting $223.36. The company had a trading volume of 983,033 shares, compared to its average volume of 1,816,126. SharkNinja has a 12-month low of $83.21 and a 12-month high of $225.68. The business has a 50 day moving average of $185.43 and a two-hundred day moving average of $144.51. The company has a quick ratio of 1.45, a current ratio of 2.04 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $31.47 billion, a P/E ratio of 37.48, a PEG ratio of 2.59 and a beta of 1.21.

Analyst Ratings Changes

SN has been the subject of a number of research reports. The Goldman Sachs Group reissued a “buy” rating and set a $204.00 price target on shares of SharkNinja in a research report on Thursday, August 6th. Weiss Ratings upgraded SharkNinja from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, August 17th. JPMorgan Chase & Co. lifted their price objective on SharkNinja from $223.00 to $243.00 and gave the company an “overweight” rating in a research note on Thursday. Oppenheimer lifted their price objective on SharkNinja from $145.00 to $170.00 and gave the company an “outperform” rating in a research note on Monday, July 13th. Finally, TD Cowen boosted their target price on SharkNinja from $205.00 to $230.00 and gave the stock a “buy” rating in a report on Tuesday, October 27th. Fourteen investment analysts have rated the stock with a Buy rating. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $208.32.

Insider Activity

In related news, insider Neil Shah sold 50,000 shares of the firm’s stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $186.36, for a total transaction of $9,318,000.00. Following the sale, the insider directly owned 497,220 shares in the company, valued at approximately $92,661,919.20. This trade represents a 9.14% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 40.80% of the company’s stock.

SharkNinja Company Profile

SharkNinja, Inc is a global product design and technology company that develops and markets consumer appliances under the Shark and Ninja brands. Its products are designed for everyday household tasks, with an emphasis on convenience, performance and accessible innovation.

The company’s portfolio includes vacuum cleaners and floor-care products, air purifiers, cooking appliances, blenders and food-preparation systems, coffee and beverage products, hair-care devices, and other home appliances.