SharkNinja, Inc. (NYSE:SN) Given Average Recommendation of “Moderate Buy” by Analysts

SharkNinja, Inc. (NYSE:SN) has been given an average recommendation of “Moderate Buy” by the thirteen research firms that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and twelve have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $188.5917.

A number of research firms have weighed in on SN. Guggenheim increased their price objective on SharkNinja from $175.00 to $210.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. UBS Group reissued a “buy” rating and issued a $219.10 target price on shares of SharkNinja in a report on Wednesday, August 12th. Oppenheimer increased their price target on SharkNinja from $145.00 to $170.00 and gave the stock an “outperform” rating in a report on Monday, July 13th. Canaccord Genuity Group lifted their price objective on shares of SharkNinja from $185.00 to $210.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of SharkNinja from $170.00 to $207.00 and gave the company an “overweight” rating in a research note on Thursday, August 6th.

Insider Buying and Selling

In other SharkNinja news, insider Neil B. Shah sold 20,333 shares of SharkNinja stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $184.69, for a total value of $3,755,301.77. Following the sale, the insider owned 40,766 shares of the company’s stock, valued at approximately $7,529,072.54. The trade was a 33.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 40.80% of the stock is currently owned by insiders.

Hedge Funds Weigh In On SharkNinja

Large investors have recently modified their holdings of the business. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in shares of SharkNinja in the first quarter valued at approximately $27,000. Clearstead Trust LLC acquired a new stake in SharkNinja in the second quarter valued at $30,000. Larson Financial Group LLC lifted its holdings in SharkNinja by 64.3% in the third quarter. Larson Financial Group LLC now owns 322 shares of the company’s stock valued at $33,000 after acquiring an additional 126 shares during the period. Transamerica Financial Advisors LLC boosted its position in shares of SharkNinja by 459.3% during the 4th quarter. Transamerica Financial Advisors LLC now owns 302 shares of the company’s stock worth $34,000 after purchasing an additional 248 shares in the last quarter. Finally, Los Angeles Capital Management LLC acquired a new position in shares of SharkNinja during the 4th quarter worth $38,000. 34.77% of the stock is owned by hedge funds and other institutional investors.

SharkNinja Stock Performance

Shares of SN opened at $184.44 on Tuesday. The company’s 50 day simple moving average is $154.16 and its 200-day simple moving average is $128.52. The firm has a market cap of $25.98 billion, a PE ratio of 37.64, a price-to-earnings-growth ratio of 2.19 and a beta of 1.21. SharkNinja has a 12-month low of $83.12 and a 12-month high of $191.22. The company has a current ratio of 2.08, a quick ratio of 1.45 and a debt-to-equity ratio of 0.24.

SharkNinja (NYSE:SN) last announced its earnings results on Wednesday, August 5th. The company reported $1.26 EPS for the quarter, beating analysts’ consensus estimates of $1.11 by $0.15. SharkNinja had a net margin of 10.06% and a return on equity of 27.79%. The business had revenue of $1.77 billion during the quarter, compared to analysts’ expectations of $1.65 billion. During the same period in the prior year, the company earned $0.97 earnings per share. The business’s revenue was up 22.2% compared to the same quarter last year. SharkNinja has set its FY 2026 guidance at 6.450-6.550 EPS. As a group, equities analysts predict that SharkNinja will post 5.89 EPS for the current 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.