SharkNinja (NYSE:SN) Hits New 52-Week High Following Better-Than-Expected Earnings

Shares of SharkNinja, Inc. (NYSE:SN) reached a new 52-week high on Wednesday following a better than expected earnings announcement. The company traded as high as $222.00 and last traded at $217.5430, with a volume of 284,711 shares changing hands. The stock had previously closed at $210.59.

The company reported $2.34 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.44. SharkNinja had a net margin of 10.06% and a return on equity of 27.79%. The company had revenue of $1.98 billion for the quarter, compared to analysts’ expectations of $1.87 billion. During the same period last year, the firm posted $1.50 earnings per share. The business’s quarterly revenue was up 21.2% compared to the same quarter last year.

Key Stories Impacting SharkNinja

Here are the key news stories impacting SharkNinja this week:

• Positive Sentiment: Strong earnings and sales: SharkNinja reported Q3 adjusted earnings of $2.34 per share, above the $1.90 consensus estimate. Revenue reached $1.98 billion, topping the $1.87 billion forecast and rising 21.2% year over year. Reports also highlighted improved margins. SharkNinja Q3 2026: Earnings Beat, Margin Surge, Raised Guidance
• Positive Sentiment: Raised guidance and holiday outlook: Coverage says the company lifted its guidance and is forecasting a bright holiday season, suggesting management sees continued demand momentum. SharkNinja crushes third-quarter sales, earnings targets
• Neutral Sentiment: New analyst coverage: BTIG began coverage of SharkNinja, but the provided report does not specify a rating or price target, so the immediate significance is unclear. BTIG Research Begins Coverage on SharkNinja
• Negative Sentiment: Valuation concerns remain: A pre-earnings valuation analysis cited a GF Value estimate implying 33% downside. That is a model-based estimate, not a company forecast, but it highlights potential risk if strong growth is already reflected in the share price. Earnings To Watch: SharkNinja Inc. Q3 2026

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on SN shares. UBS Group reissued a “buy” rating and set a $219.10 target price on shares of SharkNinja in a research note on Wednesday, August 12th. BTIG Research initiated coverage on shares of SharkNinja in a research note on Monday. They issued a “buy” rating and a $245.00 price target on the stock. JPMorgan Chase & Co. lifted their price target on shares of SharkNinja from $207.00 to $223.00 and gave the company an “overweight” rating in a research note on Monday, October 19th. The Goldman Sachs Group reiterated a “buy” rating and issued a $204.00 price target on shares of SharkNinja in a report on Thursday, August 6th. Finally, Canaccord Genuity Group increased their price objective on shares of SharkNinja from $185.00 to $210.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Thirteen investment analysts have rated the stock with a Buy rating. According to MarketBeat.com, SharkNinja presently has an average rating of “Buy” and an average price target of $198.70.

Insider Buying and Selling

In other SharkNinja news, insider Neil Shah sold 50,000 shares of the business’s stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $186.36, for a total transaction of $9,318,000.00. Following the sale, the insider directly owned 497,220 shares of the company’s stock, valued at $92,661,919.20. The trade was a 9.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders have sold a total of 100,000 shares of company stock worth $18,613,911 in the last ninety days. Corporate insiders own 40.80% of the company’s stock.

Institutional Trading of SharkNinja

Hedge funds and other institutional investors have recently modified their holdings of the stock. Entrust Financial LLC acquired a new position in SharkNinja in the 3rd quarter valued at about $67,000. Ethic Inc. increased its stake in SharkNinja by 128.7% during the 3rd quarter. Ethic Inc. now owns 3,673 shares of the company’s stock worth $662,000 after acquiring an additional 2,067 shares during the period. Kornitzer Capital Management Inc. KS acquired a new position in SharkNinja in the third quarter valued at about $603,000. Pictet Asset Management Holding SA acquired a new position in shares of SharkNinja in the 3rd quarter valued at approximately $8,066,000. Finally, Formidable Asset Management LLC acquired a new position in SharkNinja during the third quarter valued at approximately $610,000. Institutional investors and hedge funds own 34.77% of the company’s stock.

SharkNinja Trading Up 2.6%

The firm has a market capitalization of $30.43 billion, a P/E ratio of 44.09, a P/E/G ratio of 2.52 and a beta of 1.21. The company has a current ratio of 2.08, a quick ratio of 1.45 and a debt-to-equity ratio of 0.24. The firm has a 50-day moving average of $184.11 and a two-hundred day moving average of $143.59.

SharkNinja Company Profile

SharkNinja, Inc is a global product design and technology company that develops and markets consumer appliances under the Shark and Ninja brands. Its products are designed for everyday household tasks, with an emphasis on convenience, performance and accessible innovation.

The company’s portfolio includes vacuum cleaners and floor-care products, air purifiers, cooking appliances, blenders and food-preparation systems, coffee and beverage products, hair-care devices, and other home appliances.