SharkNinja (NYSE:SN) Updates FY 2026 Earnings Guidance

SharkNinja (NYSE:SN) updated its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 6.450-6.550 for the period, compared to the consensus earnings per share estimate of 6.070. The company issued revenue guidance of $7.4 billion-$7.5 billion, compared to the consensus revenue estimate of $7.2 billion.

SharkNinja Stock Up 3.8%

Shares of SN stock traded up $6.75 during trading hours on Friday, reaching $186.68. The company had a trading volume of 874,235 shares, compared to its average volume of 1,883,332. SharkNinja has a 12 month low of $83.12 and a 12 month high of $187.63. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.08 and a quick ratio of 1.62. The business has a fifty day simple moving average of $145.10 and a 200-day simple moving average of $125.46. The company has a market cap of $26.42 billion, a price-to-earnings ratio of 38.08, a price-to-earnings-growth ratio of 2.38 and a beta of 1.21.

SharkNinja (NYSE:SN) 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 company had revenue of $1.77 billion for the quarter, compared to analysts’ expectations of $1.65 billion. During the same quarter in the previous year, the firm earned $0.97 earnings per share. SharkNinja’s quarterly revenue 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, research analysts expect that SharkNinja will post 5.77 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

SN has been the topic of a number of analyst reports. Piper Sandler reaffirmed an “overweight” rating and set a $200.00 price objective (up from $181.00) on shares of SharkNinja in a report on Thursday. Weiss Ratings upgraded shares of SharkNinja from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday. 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 research report on Thursday. JPMorgan Chase & Co. boosted their price target on shares of SharkNinja from $170.00 to $207.00 and gave the stock an “overweight” rating in a report on Thursday. Finally, Wall Street Zen cut shares of SharkNinja from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Eleven analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $181.73.

Institutional Investors Weigh In On SharkNinja

Large investors have recently modified their holdings of the stock. FIL Ltd lifted its stake in SharkNinja by 2.2% in the fourth quarter. FIL Ltd now owns 2,268,418 shares of the company’s stock valued at $253,836,000 after purchasing an additional 48,163 shares during the last quarter. Palestra Capital Management LLC raised its stake in shares of SharkNinja by 10.3% in the third quarter. Palestra Capital Management LLC now owns 1,388,046 shares of the company’s stock valued at $143,177,000 after buying an additional 130,121 shares during the period. Alliancebernstein L.P. raised its stake in shares of SharkNinja by 39.3% in the second quarter. Alliancebernstein L.P. now owns 1,337,735 shares of the company’s stock valued at $132,422,000 after buying an additional 377,544 shares during the period. Parsifal Capital Management LP bought a new position in shares of SharkNinja during the 3rd quarter worth $111,773,000. Finally, Morgan Stanley grew its stake in shares of SharkNinja by 191.3% during the 4th quarter. Morgan Stanley now owns 1,080,326 shares of the company’s stock worth $120,889,000 after acquiring an additional 709,494 shares during the period. Hedge funds and other 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.