SharkNinja (NYSE:SN – Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 6.450-6.550 for the period, compared to the consensus earnings per share estimate of 6.070. The company issued revenue guidance of $7.4 billion-$7.5 billion, compared to the consensus revenue estimate of $7.2 billion.
Wall Street Analyst Weigh In
A number of analysts recently commented on SN shares. Wall Street Zen cut shares of SharkNinja from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Bank of America lifted their price objective on shares of SharkNinja from $145.00 to $165.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. The Goldman Sachs Group reissued a “buy” rating and set a $204.00 target price on shares of SharkNinja in a report on Thursday. Oppenheimer raised their price target on SharkNinja from $145.00 to $170.00 and gave the stock an “outperform” rating in a report on Monday, July 13th. Finally, Guggenheim raised their price target on SharkNinja from $175.00 to $210.00 and gave the stock a “buy” rating in a report on Thursday. Eleven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $178.36.
Check Out Our Latest Stock Analysis on SharkNinja
SharkNinja Price Performance
SharkNinja (NYSE:SN – Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $1.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.11 by $0.15. The business had revenue of $1.77 billion for the quarter, compared to analysts’ expectations of $1.65 billion. SharkNinja had a net margin of 10.70% and a return on equity of 29.07%. The business’s revenue for the quarter was up 22.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.97 EPS. SharkNinja has set its FY 2026 guidance at 6.450-6.550 EPS. On average, analysts expect that SharkNinja will post 5.77 EPS for the current fiscal year.
Insider Activity
In related news, CFO Adam Quigley sold 6,923 shares of SharkNinja stock in a transaction on 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 owned 1,750 shares of the company’s stock, valued at approximately $197,697.50. This trade represents a 79.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 40.80% of the company’s stock.
Key SharkNinja News
Here are the key news stories impacting SharkNinja this week:
- Positive Sentiment: Q2 results exceeded expectations. Earnings per share reached $1.26, above the $1.11 consensus and up from $0.97 a year earlier. Revenue rose 22.2% year over year to $1.77 billion, topping estimates of approximately $1.65 billion. SharkNinja Reports Second Quarter 2026 Results
- Positive Sentiment: Management raised 2026 guidance. Full-year EPS is now expected at $6.45-$6.55, versus the prior consensus of $6.07, while revenue guidance of $7.4-$7.5 billion exceeds the approximately $7.2 billion analyst forecast. SharkNinja Raises Outlook After Sales Jump
- Positive Sentiment: Growth was broad-based. Strong demand for cooking appliances and beauty products, international expansion, and continued product innovation supported the quarter and the higher outlook. SN Stock Up After Q2 Earnings Beat Estimates
- Neutral Sentiment: The earnings beat and outlook upgrade strengthen the growth narrative, but the shares trade at a relatively elevated valuation, with a trailing price-to-earnings ratio above 36 and near their 12-month high, potentially limiting further gains without additional upside surprises.
- Negative Sentiment: Despite higher sales, gross margin declined 30 basis points and adjusted gross margin fell 70 basis points. Net income decreased 7.0% to $129.8 million, highlighting profitability pressure from the company’s growth investments and operating costs. SharkNinja Earnings Results
Institutional Trading of SharkNinja
A number of large investors have recently modified their holdings of the business. Utah Retirement Systems lifted its holdings in SharkNinja by 2.3% in the fourth quarter. Utah Retirement Systems now owns 4,417 shares of the company’s stock worth $494,000 after buying an additional 98 shares during the period. Xponance LLC grew its holdings in shares of SharkNinja by 1.9% during the 4th quarter. Xponance LLC now owns 5,584 shares of the company’s stock worth $625,000 after acquiring an additional 106 shares during the period. Larson Financial Group LLC raised its position in shares of SharkNinja by 64.3% in the 3rd quarter. Larson Financial Group LLC now owns 322 shares of the company’s stock worth $33,000 after acquiring an additional 126 shares in the last quarter. Transamerica Financial Advisors LLC raised its position in shares of SharkNinja by 459.3% in the 4th quarter. Transamerica Financial Advisors LLC now owns 302 shares of the company’s stock worth $34,000 after acquiring an additional 248 shares in the last quarter. Finally, California State Teachers Retirement System lifted its stake in shares of SharkNinja by 6.1% in the 2nd quarter. California State Teachers Retirement System now owns 4,438 shares of the company’s stock valued at $439,000 after purchasing an additional 257 shares during the period. 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.
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