SharkNinja (NYSE:SN) Issues FY 2025 Earnings Guidance

SharkNinja (NYSE:SN) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 5.050-5.150 for the period, compared to the consensus EPS estimate of 4.980. The company issued revenue guidance of $6.4 billion-$6.4 billion, compared to the consensus revenue estimate of $6.3 billion.

SharkNinja Stock Performance

NYSE:SN opened at $86.39 on Thursday. SharkNinja has a 1 year low of $60.50 and a 1 year high of $128.51. The firm has a 50 day moving average of $102.61 and a 200-day moving average of $101.55. The company has a current ratio of 1.94, a quick ratio of 1.20 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $12.19 billion, a P/E ratio of 23.60, a price-to-earnings-growth ratio of 1.61 and a beta of 1.51.

SharkNinja (NYSE:SN) last posted its earnings results on Thursday, August 7th. The company reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.19. SharkNinja had a net margin of 8.82% and a return on equity of 28.78%. The company had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.38 billion. During the same quarter in the previous year, the company posted $0.71 earnings per share. SharkNinja’s quarterly revenue was up 15.7% compared to the same quarter last year. As a group, sell-side analysts anticipate that SharkNinja will post 4.52 EPS for the current fiscal year.

Wall Street Analyst Weigh In

SN has been the subject of a number of research analyst reports. Oppenheimer cut their target price on shares of SharkNinja from $135.00 to $112.00 and set an “outperform” rating for the company in a research note on Tuesday, October 21st. Zacks Research cut shares of SharkNinja from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 7th. Weiss Ratings cut shares of SharkNinja from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, October 8th. JPMorgan Chase & Co. dropped their price objective on shares of SharkNinja from $136.00 to $131.00 and set an “overweight” rating for the company in a research report on Friday, October 10th. Finally, Wall Street Zen upgraded shares of SharkNinja from a “hold” rating to a “buy” rating in a research report on Saturday, October 25th. Six analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $128.00.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of SN. EverSource Wealth Advisors LLC raised its position in SharkNinja by 2,071.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 695 shares of the company’s stock worth $69,000 after purchasing an additional 663 shares during the last quarter. Prudential Financial Inc. bought a new stake in shares of SharkNinja during the 2nd quarter valued at $205,000. Creative Planning bought a new stake in shares of SharkNinja during the 2nd quarter valued at $215,000. The Manufacturers Life Insurance Company bought a new stake in shares of SharkNinja during the 2nd quarter valued at $244,000. Finally, Shay Capital LLC bought a new stake in shares of SharkNinja during the 2nd quarter valued at $330,000. Institutional investors own 34.77% of the company’s stock.

About SharkNinja

SharkNinja, Inc, a product design and technology company, engages in the provision of various solutions for consumers worldwide. It offers cleaning appliances, including corded and cordless vacuums, including handheld and robotic vacuums, as well as other floorcare products comprising steam mops, wet/dry cleaning floor products, and carpet extraction; cooking and beverage appliances, such as air fryers, multi-cookers, outdoor and countertop grills and ovens, coffee systems, carbonation, cookware, cutlery, kettles, toasters and bakeware; food preparation appliances comprising blenders, food processors, ice cream makers, and juicers; and beauty appliances, such as hair dryers and stylers, as well as home environment products comprising air purifiers and humidifiers.