SharkNinja (NYSE:SN) Releases Earnings Results, Beats Expectations By $0.15 EPS

SharkNinja (NYSE:SN) announced its quarterly earnings results on Wednesday. The company reported $1.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $0.15, FiscalAI reports. SharkNinja had a return on equity of 27.79% and a net margin of 10.06%.The firm had revenue of $1.77 billion during the quarter, compared to analyst estimates of $1.65 billion. During the same quarter in the previous year, the business earned $0.97 earnings per share. SharkNinja’s quarterly revenue was up 22.2% on a year-over-year basis. SharkNinja updated its FY 2026 guidance to 6.450-6.550 EPS.

Here are the key takeaways from SharkNinja’s conference call:

• Q2 net sales rose 22.2% year over year to $1.77 billion, with domestic sales up 15.5% and international sales up 36.6%; growth was broad-based across geographies and all major product categories.
• Adjusted EBITDA increased 18.6% to $265 million, while adjusted EPS grew nearly 30% to $1.26, supported by operating-expense leverage despite tariff pressure.
• SharkNinja raised its full-year 2026 outlook, now expecting sales growth of 16%-17%, adjusted EBITDA of $1.36-$1.37 billion, and adjusted EPS of $6.45-$6.55, partly reflecting an expected $247.1 million tariff refund.
• Management highlighted additional growth opportunities from core-category innovation, new products such as the Ninja Crispi Microwave, international expansion, and faster-growing channels including TikTok Shop and direct-to-consumer commerce.
• Tariffs remain a significant cost headwind; adjusted gross margin declined about 70 basis points to 48.7%, and Q2 adjusted EBITDA margin fell roughly 50 basis points to 15%.

SharkNinja Stock Performance

NYSE:SN traded up $7.08 during midday trading on Friday, hitting $187.00. The company’s stock had a trading volume of 731,876 shares, compared to its average volume of 1,882,343. SharkNinja has a fifty-two week low of $83.12 and a fifty-two week high of $187.63. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.08 and a quick ratio of 1.62. The firm has a market cap of $26.46 billion, a P/E ratio of 38.09, a P/E/G ratio of 2.38 and a beta of 1.21. The firm’s 50 day moving average is $145.10 and its 200-day moving average is $125.46.

Institutional Trading of SharkNinja

Several large investors have recently made changes to their positions in the business. Larson Financial Group LLC lifted its position in SharkNinja by 64.3% during the third quarter. Larson Financial Group LLC now owns 322 shares of the company’s stock valued at $33,000 after purchasing an additional 126 shares during the period. Transamerica Financial Advisors LLC grew its position in SharkNinja by 459.3% during the fourth quarter. Transamerica Financial Advisors LLC now owns 302 shares of the company’s stock valued at $34,000 after buying an additional 248 shares during the period. Los Angeles Capital Management LLC acquired a new stake in shares of SharkNinja during the 4th quarter valued at about $38,000. Sunbelt Securities Inc. purchased a new position in shares of SharkNinja in the 3rd quarter valued at about $46,000. Finally, Quarry LP acquired a new position in SharkNinja in the 3rd quarter worth about $59,000. 34.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

SN has been the topic of several research reports. Oppenheimer raised their price target on SharkNinja from $145.00 to $170.00 and gave the company an “outperform” rating in a research note on Monday, July 13th. Bank of America boosted their target price on shares of SharkNinja from $145.00 to $165.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th. Guggenheim raised their price target on shares of SharkNinja from $175.00 to $210.00 and gave the company a “buy” rating in a report on Thursday. JPMorgan Chase & Co. increased their price objective on shares of SharkNinja from $170.00 to $207.00 and gave the company an “overweight” rating in a research report on Thursday. Finally, Piper Sandler reiterated an “overweight” rating and set a $200.00 price objective (up from $181.00) on shares of SharkNinja in a research note 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 MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $181.73.

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.