Analysts Set SharkNinja, Inc. (NYSE:SN) Price Target at $150.00

Shares of SharkNinja, Inc. (NYSE:SN) have been given an average rating of “Moderate Buy” by the eleven analysts that are currently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation, eight have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $150.00.

Several equities research analysts recently commented on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of SharkNinja in a research report on Friday, April 10th. Jefferies Financial Group reiterated a “buy” rating on shares of SharkNinja in a research report on Wednesday, May 6th. National Bank Financial set a $145.00 target price on shares of SharkNinja in a research note on Tuesday, March 17th. JPMorgan Chase & Co. increased their target price on SharkNinja from $144.00 to $146.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Finally, Wall Street Zen cut SharkNinja from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th.

Insider Transactions at SharkNinja

In other SharkNinja news, CFO Adam Quigley sold 6,923 shares of the firm’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $112.97, for a total transaction of $782,091.31. Following the completion of the sale, the chief financial officer directly owned 1,750 shares in the company, valued at approximately $197,697.50. This trade represents a 79.82% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 40.80% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. FIL Ltd raised 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 purchasing an additional 48,163 shares in the last quarter. Alliancebernstein L.P. boosted its holdings in SharkNinja by 13.2% in the third quarter. Alliancebernstein L.P. now owns 1,513,839 shares of the company’s stock worth $156,152,000 after purchasing an additional 176,104 shares in the last quarter. Palestra Capital Management LLC boosted its holdings in SharkNinja by 10.3% in the third quarter. Palestra Capital Management LLC now owns 1,388,046 shares of the company’s stock worth $143,177,000 after purchasing an additional 130,121 shares in the last quarter. Parsifal Capital Management LP acquired a new position in SharkNinja during the third quarter worth $111,773,000. Finally, Morgan Stanley increased its position in SharkNinja by 191.3% during the fourth quarter. Morgan Stanley now owns 1,080,326 shares of the company’s stock worth $120,889,000 after buying an additional 709,494 shares during the last quarter. Hedge funds and other institutional investors own 34.77% of the company’s stock.

SharkNinja Trading Up 0.1%

Shares of SN opened at $151.55 on Monday. The business’s 50-day moving average price is $124.04 and its 200 day moving average price is $118.87. The company has a current ratio of 2.38, a quick ratio of 1.62 and a debt-to-equity ratio of 0.25. The stock has a market capitalization of $21.45 billion, a P/E ratio of 30.55, a P/E/G ratio of 2.03 and a beta of 1.22. SharkNinja has a 1-year low of $83.12 and a 1-year high of $154.04.

SharkNinja (NYSE:SN) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $1.09 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $1.38 billion. During the same period in the prior year, the firm earned $0.87 earnings per share. The business’s quarterly revenue was up 15.6% on a year-over-year basis. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. Analysts expect that SharkNinja will post 5.74 earnings per share for the current year.

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.