SharkNinja (NYSE:SN – Get Free Report) had its price objective boosted by JPMorgan Chase & Co. from $170.00 to $207.00 in a research note issued to investors on Thursday,Benzinga reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 15.27% from the stock’s current price.
Several other brokerages have also issued reports on SN. TD Cowen lifted their price target on shares of SharkNinja from $145.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday, July 22nd. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $204.00 price objective on shares of SharkNinja in a research note on Thursday. Guggenheim boosted their target price on shares of SharkNinja from $175.00 to $210.00 and gave the stock a “buy” rating in a report on Thursday. Oppenheimer lifted their price target on shares of SharkNinja from $145.00 to $170.00 and gave the stock an “outperform” rating in a report on Monday, July 13th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of SharkNinja in a report on Wednesday, May 6th. Eleven investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, SharkNinja currently has an average rating of “Moderate Buy” and a consensus price target of $181.73.
Read Our Latest Analysis on SharkNinja
SharkNinja Stock Performance
SharkNinja (NYSE:SN – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $1.26 earnings per share for the quarter, beating analysts’ consensus estimates of $1.11 by $0.15. The company had revenue of $1.77 billion during the quarter, compared to the consensus estimate of $1.65 billion. SharkNinja had a net margin of 10.70% and a return on equity of 29.07%. The firm’s quarterly revenue was up 22.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.97 earnings per share. SharkNinja has set its FY 2026 guidance at 6.450-6.550 EPS. Analysts forecast that SharkNinja will post 5.77 EPS for the current year.
Insider Activity
In other news, CFO Adam Quigley sold 6,923 shares of the firm’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $112.97, for a total value of $782,091.31. Following the completion of the transaction, the chief financial officer directly owned 1,750 shares of the company’s stock, valued at $197,697.50. This trade represents a 79.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 40.80% of the stock is currently owned by corporate insiders.
Institutional Trading of SharkNinja
A number of hedge funds have recently made changes to their positions in SN. Wealth High Governance Capital Ltda bought a new stake in shares of SharkNinja during the fourth quarter valued at approximately $17,072,000. Strs Ohio raised its stake in shares of SharkNinja by 23.8% in the fourth quarter. Strs Ohio now owns 201,795 shares of the company’s stock worth $22,581,000 after purchasing an additional 38,815 shares during the last quarter. Nicholas Company Inc. lifted its holdings in shares of SharkNinja by 30.3% during the fourth quarter. Nicholas Company Inc. now owns 116,041 shares of the company’s stock valued at $12,985,000 after purchasing an additional 26,962 shares in the last quarter. K.J. Harrison & Partners Inc purchased a new stake in shares of SharkNinja during the fourth quarter valued at $1,231,000. Finally, Reynders McVeigh Capital Management LLC increased its holdings in SharkNinja by 218.1% in the 4th quarter. Reynders McVeigh Capital Management LLC now owns 117,150 shares of the company’s stock worth $13,109,000 after buying an additional 80,325 shares in the last quarter. 34.77% of the stock is owned by institutional investors.
Trending Headlines about SharkNinja
Here are the key news stories impacting SharkNinja this week:
- Positive Sentiment: SharkNinja reported second-quarter adjusted earnings of $1.26 per share, above the roughly $1.10–$1.11 analyst consensus and up from $0.97 a year earlier. Revenue rose 22.2% year over year to $1.77 billion, exceeding expectations of approximately $1.65 billion. SharkNinja Q2 Earnings and Revenues Top Estimates
- Positive Sentiment: The company raised its fiscal 2026 guidance to $6.45–$6.55 in EPS and $7.4–$7.5 billion in revenue, ahead of consensus forecasts of $6.07 EPS and $7.2 billion in revenue. The improved outlook is supporting the bullish reaction. SN Stock Up After Q2 Earnings Beat and Outlook Raised
- Positive Sentiment: Management cited strong demand across its product portfolio, particularly cooking appliances and beauty products, alongside international growth and ongoing product innovation. These trends suggest SharkNinja is gaining market share and expanding beyond its core markets. SharkNinja Raises Outlook After Sales Jump
- Neutral Sentiment: Despite the earnings beat, reported net income fell 7.0% to $129.8 million, while gross margin declined 30 basis points and adjusted gross margin declined 70 basis points. Investors may monitor whether higher sales can continue to offset profitability pressure. SharkNinja Reports Second Quarter 2026 Results
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.
Recommended Stories
- Five stocks we like better than SharkNinja
- Sandisk Just Delivered a Blowout Quarter—Here’s Why the Stock Is Falling
- 4 Oil and Gas ETF Plays as Prices Stay Sky-High
- What Tesla Stands to Lose If It Walks Away From China
- Disney Sets Up for a Magical Year in 2027
Receive News & Ratings for SharkNinja Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SharkNinja and related companies with MarketBeat.com's FREE daily email newsletter.
