SharkNinja (NYSE:SN – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 6.000-6.10 for the period, compared to the consensus EPS estimate of 6.000. The company issued revenue guidance of $7.1 billion-$7.2 billion, compared to the consensus revenue estimate of $7.2 billion.
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on the company. Jefferies Financial Group reissued a “buy” rating and set a $200.00 price objective on shares of SharkNinja in a research note on Wednesday, February 11th. Canaccord Genuity Group lifted their price objective on SharkNinja from $160.00 to $161.00 and gave the company a “buy” rating in a research note on Monday. Bank of America lifted their price objective on SharkNinja from $140.00 to $145.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. JPMorgan Chase & Co. dropped their price objective on SharkNinja from $152.00 to $144.00 and set an “overweight” rating for the company in a research note on Friday, April 17th. Finally, Wall Street Zen raised SharkNinja from a “hold” rating to a “buy” rating in a research note on Saturday, March 14th. Nine research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $146.00.
View Our Latest Stock Analysis on SharkNinja
SharkNinja Trading Up 2.3%
SharkNinja (NYSE:SN – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.08. SharkNinja had a return on equity of 30.71% and a net margin of 10.96%.The firm had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.38 billion. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. Equities analysts anticipate that SharkNinja will post 5.76 EPS for the current fiscal year.
Insider Transactions at SharkNinja
In other SharkNinja news, CFO Adam Quigley sold 2,620 shares of SharkNinja stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $114.36, for a total transaction of $299,623.20. Following the completion of the sale, the chief financial officer owned 8,673 shares of the company’s stock, valued at $991,844.28. The trade was a 23.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the stock. Larson Financial Group LLC increased its holdings in shares of SharkNinja by 64.3% in the third quarter. Larson Financial Group LLC now owns 322 shares of the company’s stock worth $33,000 after buying an additional 126 shares during the period. Transamerica Financial Advisors LLC increased its holdings in shares of SharkNinja by 459.3% in the fourth quarter. Transamerica Financial Advisors LLC now owns 302 shares of the company’s stock worth $34,000 after buying an additional 248 shares during the period. Los Angeles Capital Management LLC purchased a new position in shares of SharkNinja in the fourth quarter worth about $38,000. Sunbelt Securities Inc. purchased a new position in shares of SharkNinja in the third quarter worth about $46,000. Finally, Quarry LP purchased a new position in shares of SharkNinja in the third quarter worth about $59,000. Hedge funds and other institutional investors own 34.77% of the company’s stock.
SharkNinja Company Profile
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.
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