SharkNinja, Inc. (NYSE:SN) Receives Average Rating of “Moderate Buy” from Analysts

Shares of SharkNinja, Inc. (NYSE:SN) have been given an average rating of “Moderate Buy” by the twelve analysts that are covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $145.70.

Several equities analysts recently weighed in on SN shares. Cantor Fitzgerald reissued an “outperform” rating on shares of SharkNinja in a research report on Wednesday, December 17th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $200.00 target price on shares of SharkNinja in a report on Wednesday, February 11th. Wall Street Zen upgraded SharkNinja from a “hold” rating to a “buy” rating in a report on Saturday, March 14th. Oppenheimer increased their price objective on SharkNinja from $140.00 to $145.00 and gave the company an “outperform” rating in a research report on Friday, February 13th. Finally, National Bank Financial set a $145.00 price objective on shares of SharkNinja in a research note on Tuesday.

SharkNinja Stock Performance

NYSE:SN opened at $98.32 on Friday. The firm has a market capitalization of $13.89 billion, a PE ratio of 19.90, a PEG ratio of 1.36 and a beta of 1.39. SharkNinja has a 1 year low of $60.50 and a 1 year high of $133.99. The company has a current ratio of 2.04, a quick ratio of 1.47 and a debt-to-equity ratio of 0.26. The firm’s fifty day simple moving average is $119.21 and its 200 day simple moving average is $108.78.

SharkNinja (NYSE:SN) last released its earnings results on Wednesday, February 11th. The company reported $1.93 earnings per share for the quarter, topping analysts’ consensus estimates of $1.78 by $0.15. SharkNinja had a net margin of 10.96% and a return on equity of 30.71%. The firm had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.09 billion. During the same quarter in the previous year, the business earned $1.40 EPS. The business’s revenue was up 17.6% on a year-over-year basis. SharkNinja has set its FY 2026 guidance at 5.900-6.000 EPS. On average, sell-side analysts anticipate that SharkNinja will post 4.52 EPS for the current year.

Insider Transactions at SharkNinja

In other SharkNinja news, CFO Adam Quigley sold 2,620 shares of the firm’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $114.36, for a total value of $299,623.20. Following the sale, the chief financial officer directly owned 8,673 shares in the company, valued at $991,844.28. This trade represents a 23.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 11.12% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On SharkNinja

Hedge funds have recently made changes to their positions in the stock. FIL Ltd increased its stake in SharkNinja by 2.2% during the fourth quarter. FIL Ltd now owns 2,268,418 shares of the company’s stock valued at $253,836,000 after acquiring an additional 48,163 shares during the period. Abrams Bison Investments LLC lifted its position in shares of SharkNinja by 20.3% in the 2nd quarter. Abrams Bison Investments LLC now owns 1,775,000 shares of the company’s stock worth $175,707,000 after acquiring an additional 300,000 shares during the period. Alliancebernstein L.P. lifted its position in shares of SharkNinja by 13.2% in the 3rd quarter. Alliancebernstein L.P. now owns 1,513,839 shares of the company’s stock worth $156,152,000 after acquiring an additional 176,104 shares during the period. Palestra Capital Management LLC grew its holdings in shares of SharkNinja by 10.3% during the 3rd quarter. Palestra Capital Management LLC now owns 1,388,046 shares of the company’s stock worth $143,177,000 after purchasing an additional 130,121 shares in the last quarter. Finally, Greenvale Capital LLP grew its holdings in shares of SharkNinja by 26.2% during the 2nd quarter. Greenvale Capital LLP now owns 1,350,000 shares of the company’s stock worth $133,636,000 after purchasing an additional 280,000 shares in the last quarter. Institutional investors 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.