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

SharkNinja, Inc. (NYSE:SN) has earned a consensus recommendation of “Moderate Buy” from the ten analysts that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $150.00.

Several analysts have issued reports on SN shares. National Bank Financial set a $145.00 target price on shares of SharkNinja in a research note on Tuesday, March 17th. Weiss Ratings reissued a “hold (c+)” rating on shares of SharkNinja in a research note on Friday, April 10th. Oppenheimer boosted their price target on shares of SharkNinja from $140.00 to $145.00 and gave the company an “outperform” rating in a report on Friday, February 13th. Morgan Stanley set a $128.00 price target on shares of SharkNinja in a report on Thursday, February 12th. Finally, JPMorgan Chase & Co. boosted their price target on shares of SharkNinja from $144.00 to $146.00 and gave the company an “overweight” rating in a report on Thursday, May 7th.

Insider Activity at SharkNinja

In other news, CFO Adam Quigley sold 6,923 shares of the business’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $112.97, for a total transaction of $782,091.31. Following the transaction, the chief financial officer directly owned 1,750 shares in the company, valued at $197,697.50. The trade was a 79.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 40.80% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On SharkNinja

Several institutional investors and hedge funds have recently modified their holdings of the stock. FIL Ltd grew its holdings in shares of SharkNinja by 2.2% during the 4th 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 in the last quarter. Alliancebernstein L.P. grew its holdings in shares of SharkNinja by 13.2% during the 3rd quarter. Alliancebernstein L.P. now owns 1,513,839 shares of the company’s stock valued at $156,152,000 after acquiring an additional 176,104 shares in the last quarter. 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 valued at $143,177,000 after acquiring an additional 130,121 shares in the last quarter. Parsifal Capital Management LP purchased a new position in shares of SharkNinja during the 3rd quarter valued at $111,773,000. Finally, Morgan Stanley grew its holdings in shares of SharkNinja by 191.3% during the 4th quarter. Morgan Stanley now owns 1,080,326 shares of the company’s stock valued at $120,889,000 after acquiring an additional 709,494 shares in the last quarter. 34.77% of the stock is currently owned by hedge funds and other institutional investors.

SharkNinja Price Performance

Shares of NYSE:SN opened at $121.36 on Thursday. The company’s fifty day moving average is $112.16 and its two-hundred day moving average is $112.97. The company has a quick ratio of 1.62, a current ratio of 2.38 and a debt-to-equity ratio of 0.25. SharkNinja has a 12-month low of $80.69 and a 12-month high of $133.99. The company has a market cap of $17.18 billion, a P/E ratio of 24.47, a price-to-earnings-growth ratio of 1.64 and a beta of 1.34.

SharkNinja (NYSE:SN) last announced its earnings results on Wednesday, May 6th. The company reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.08. SharkNinja had a net margin of 10.70% and a return on equity of 29.07%. The company had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.38 billion. During the same period in the previous year, the business earned $0.87 EPS. The company’s revenue was up 15.6% on a year-over-year basis. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. Equities analysts expect that SharkNinja will post 5.74 earnings per share 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.