SharkNinja (NYSE:SN – Get Free Report) had its price objective hoisted by equities researchers at JPMorgan Chase & Co. from $170.00 to $207.00 in a research note issued on Thursday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 15.27% from the stock’s previous close.
SN has been the subject of several other research reports. TD Cowen upped their price target on shares of SharkNinja from $145.00 to $160.00 and gave the stock a “buy” rating in a research report on Wednesday, July 22nd. Wall Street Zen downgraded shares of SharkNinja from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Weiss Ratings upgraded SharkNinja from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday. Guggenheim increased their price target on shares of SharkNinja from $175.00 to $210.00 and gave the stock a “buy” rating in a report on Thursday. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $204.00 price target on shares of SharkNinja in a research note on Thursday. Eleven analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $181.73.
SharkNinja Trading Down 1.4%
SharkNinja (NYSE:SN – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $1.26 EPS for the quarter, beating the consensus estimate of $1.11 by $0.15. The company had revenue of $1.77 billion for 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 revenue was up 22.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.97 EPS. SharkNinja has set its FY 2026 guidance at 6.450-6.550 EPS. As a group, sell-side analysts expect that SharkNinja will post 5.77 earnings per share for the current fiscal year.
Insider Transactions at SharkNinja
In other SharkNinja news, CFO Adam Quigley sold 6,923 shares of the stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $112.97, for a total transaction of $782,091.31. Following the transaction, the chief financial officer 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 document filed with the SEC, which is accessible through this hyperlink. Insiders own 40.80% of the company’s stock.
Institutional Investors Weigh In On SharkNinja
A number of institutional investors have recently made changes to their positions in SN. Parsifal Capital Management LP acquired a new stake in SharkNinja in the 3rd quarter valued at approximately $111,773,000. Munro Partners increased its stake in shares of SharkNinja by 2,371.9% in the fourth quarter. Munro Partners now owns 784,586 shares of the company’s stock worth $87,795,000 after acquiring an additional 752,846 shares during the last quarter. Morgan Stanley lifted its stake in shares of SharkNinja by 191.3% in the 4th quarter. Morgan Stanley now owns 1,080,326 shares of the company’s stock valued at $120,889,000 after purchasing an additional 709,494 shares during the last quarter. Evercore Wealth Management LLC acquired a new position in SharkNinja in the 4th quarter valued at $60,164,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of SharkNinja in the second quarter valued at about $81,134,000. 34.77% of the stock is currently owned by institutional investors.
SharkNinja News Summary
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.
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