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

Shares of SharkNinja, Inc. (NYSE:SN) have been given a consensus recommendation of “Moderate Buy” by the thirteen analysts that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and twelve have issued a buy recommendation on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $188.5917.

A number of research firms recently commented on SN. Weiss Ratings raised shares of SharkNinja from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, August 17th. Canaccord Genuity Group boosted 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, August 6th. Guggenheim upped their price objective on shares of SharkNinja from $175.00 to $210.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. UBS Group reaffirmed a “buy” rating and set a $219.10 price objective on shares of SharkNinja in a report on Wednesday, August 12th. Finally, Bank of America raised their price objective on SharkNinja from $145.00 to $165.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th.

Insider Activity

In related news, insider Neil Shah sold 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $186.36, for a total transaction of $9,318,000.00. Following the transaction, the insider owned 497,220 shares in the company, valued at $92,661,919.20. This trade represents a 9.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Over the last ninety days, insiders sold 100,000 shares of company stock valued at $18,613,911. 40.80% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On SharkNinja

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. World Investment Advisors grew its position in shares of SharkNinja by 4.6% during the first quarter. World Investment Advisors now owns 2,343 shares of the company’s stock worth $248,000 after acquiring an additional 103 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of SharkNinja by 16.6% in the 4th quarter. EverSource Wealth Advisors LLC now owns 864 shares of the company’s stock valued at $97,000 after acquiring an additional 123 shares during the period. Harbour Investments Inc. raised its position in SharkNinja by 8.5% in the 4th quarter. Harbour Investments Inc. now owns 2,140 shares of the company’s stock valued at $239,000 after purchasing an additional 167 shares during the last quarter. Boothe Investment Group Inc. raised its position in SharkNinja by 0.3% in the 1st quarter. Boothe Investment Group Inc. now owns 69,166 shares of the company’s stock valued at $7,325,000 after purchasing an additional 173 shares during the last quarter. Finally, Clearstead Trust LLC purchased a new stake in SharkNinja in the 2nd quarter valued at $30,000. Hedge funds and other institutional investors own 34.77% of the company’s stock.

SharkNinja Price Performance

SN stock opened at $165.77 on Friday. The business has a 50 day moving average price of $170.60 and a 200 day moving average price of $137.36. The company has a quick ratio of 1.45, a current ratio of 2.08 and a debt-to-equity ratio of 0.24. The stock has a market cap of $23.35 billion, a price-to-earnings ratio of 33.83, a PEG ratio of 1.96 and a beta of 1.24. SharkNinja has a fifty-two week low of $83.12 and a fifty-two week high of $194.54.

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

SharkNinja Company Profile

SharkNinja, Inc is a global product design and technology company that develops and markets consumer appliances and household products. Its portfolio is organized primarily around the Shark and Ninja brands, which are sold through retailers, e-commerce channels and other distribution partners.

Shark products include vacuum cleaners, floor-care systems, air purifiers, beauty appliances and other home-cleaning solutions. Ninja products include blenders, food processors, air fryers, coffee and beverage systems, cookware, ovens, grills and other kitchen appliances.