SharkNinja (NYSE:SN) Sets New 1-Year High – Should You Buy?

Shares of SharkNinja, Inc. (NYSE:SN) reached a new 52-week high during trading on Wednesday . The company traded as high as $133.99 and last traded at $131.43, with a volume of 1384314 shares. The stock had previously closed at $131.06.

Analyst Ratings Changes

SN has been the subject of a number of research reports. Canaccord Genuity Group set a $160.00 price target on SharkNinja in a research report on Thursday, February 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of SharkNinja in a report on Monday, December 29th. Cantor Fitzgerald restated an “outperform” rating on shares of SharkNinja in a report on Wednesday, December 17th. Guggenheim lifted their price target on shares of SharkNinja from $140.00 to $145.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. Finally, JPMorgan Chase & Co. increased their price objective on shares of SharkNinja from $126.00 to $142.00 and gave the stock an “overweight” rating in a research report on Friday, January 16th. Nine analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $145.78.

SharkNinja Price Performance

The company has a market cap of $18.55 billion, a price-to-earnings ratio of 26.61, a P/E/G ratio of 1.78 and a beta of 1.41. The company’s 50-day simple moving average is $119.14 and its 200-day simple moving average is $109.09. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.96 and a quick ratio of 1.26.

SharkNinja (NYSE:SN) last announced its earnings results on Wednesday, February 11th. The company reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.78 by $0.15. SharkNinja had a net margin of 10.96% and a return on equity of 32.30%. The business had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.09 billion. During the same period in the prior year, the firm earned $1.40 earnings per share. The business’s quarterly revenue was up 17.6% compared to the same quarter last year. SharkNinja has set its FY 2026 guidance at 5.900-6.000 EPS. On average, equities research analysts anticipate that SharkNinja, Inc. will post 4.52 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. FACT Capital LP purchased a new stake in SharkNinja during the 4th quarter worth approximately $2,459,000. Schonfeld Strategic Advisors LLC grew its position in shares of SharkNinja by 16.3% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 52,320 shares of the company’s stock worth $5,855,000 after buying an additional 7,317 shares in the last quarter. PDT Partners LLC bought a new stake in shares of SharkNinja in the fourth quarter worth $1,982,000. AQR Capital Management LLC raised its holdings in SharkNinja by 102.8% in the fourth quarter. AQR Capital Management LLC now owns 116,303 shares of the company’s stock valued at $13,014,000 after acquiring an additional 58,958 shares in the last quarter. Finally, GAM Holding AG boosted its stake in SharkNinja by 59.4% during the 4th quarter. GAM Holding AG now owns 49,443 shares of the company’s stock valued at $5,533,000 after acquiring an additional 18,430 shares during the last quarter. 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.