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

SharkNinja, Inc. (NYSE:SN) has been assigned a consensus rating of “Moderate Buy” from the twelve analysts that are currently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $145.7778.

Several equities analysts recently weighed in on the stock. Cantor Fitzgerald reaffirmed an “outperform” rating on shares of SharkNinja in a research report on Wednesday, December 17th. Bank of America raised their price target on shares of SharkNinja from $140.00 to $145.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Oppenheimer upped their price objective on shares of SharkNinja from $140.00 to $145.00 and gave the stock an “outperform” rating in a report on Friday, February 13th. Wall Street Zen downgraded shares of SharkNinja from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Finally, Guggenheim boosted their price target on SharkNinja from $140.00 to $145.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th.

Institutional Investors Weigh In On SharkNinja

A number of large investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada grew its holdings in SharkNinja by 21.8% during the first quarter. Royal Bank of Canada now owns 71,872 shares of the company’s stock valued at $5,995,000 after purchasing an additional 12,851 shares during the last quarter. Integrated Wealth Concepts LLC bought a new stake in shares of SharkNinja during the 1st quarter worth $369,000. Goldman Sachs Group Inc. grew its stake in SharkNinja by 169.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 505,301 shares of the company’s stock valued at $42,147,000 after buying an additional 317,730 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in SharkNinja by 7.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 50,813 shares of the company’s stock worth $4,238,000 after acquiring an additional 3,632 shares during the period. Finally, Acadian Asset Management LLC acquired a new position in SharkNinja during the 1st quarter worth $656,000. Institutional investors own 34.77% of the company’s stock.

SharkNinja Price Performance

SN opened at $123.98 on Tuesday. The stock has a fifty day moving average price of $120.26 and a 200 day moving average price of $109.43. The company has a current ratio of 1.96, a quick ratio of 1.26 and a debt-to-equity ratio of 0.29. SharkNinja has a 1 year low of $60.50 and a 1 year high of $133.99. The stock has a market cap of $17.50 billion, a price-to-earnings ratio of 25.10, a PEG ratio of 1.74 and a beta of 1.41.

SharkNinja (NYSE:SN) last posted its quarterly 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. The company had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.09 billion. SharkNinja had a return on equity of 32.30% and a net margin of 10.96%.The business’s quarterly revenue was up 17.6% on a year-over-year basis. During the same period last year, the business earned $1.40 EPS. SharkNinja has set its FY 2026 guidance at 5.900-6.000 EPS. Analysts forecast that SharkNinja will post 4.52 EPS for the current fiscal year.

SharkNinja Company Profile

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.