SharkNinja, Inc. (NYSE:SN) Stock Has Consensus Price Target of $188.59 According to Analysts

Shares of SharkNinja, Inc. (NYSE:SN) have been assigned a consensus recommendation of “Buy” from the twelve research firms that are presently covering the company, MarketBeat reports. Twelve investment analysts have rated the stock with a buy rating. The average 12 month target price among analysts that have issued a report on the stock in the last year is $188.59.

A number of research firms have recently issued reports on SN. Piper Sandler reissued an “overweight” rating and set a $200.00 price target (up from $181.00) on shares of SharkNinja in a research report on Thursday, August 6th. Wall Street Zen upgraded SharkNinja from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. The Goldman Sachs Group restated a “buy” rating and issued a $204.00 price objective on shares of SharkNinja in a report on Thursday, August 6th. TD Cowen upped their price objective on shares of SharkNinja from $160.00 to $205.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Finally, Bank of America upped their price objective on shares of SharkNinja from $145.00 to $165.00 and gave the stock a “buy” rating in a research note on Tuesday, July 7th.

SharkNinja Stock Down 0.8%

Shares of NYSE SN opened at $188.55 on Wednesday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.45 and a current ratio of 2.08. The firm has a market capitalization of $26.56 billion, a price-to-earnings ratio of 36.40, a PEG ratio of 2.25 and a beta of 1.27. The stock has a 50 day moving average price of $179.36 and a 200 day moving average price of $146.24. SharkNinja has a 52-week low of $83.12 and a 52-week high of $194.54.

SharkNinja (NYSE:SN) last released its quarterly earnings data on Wednesday, August 5th. The company reported $1.26 EPS for the quarter, topping 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 return on equity of 27.79% and a net margin of 10.06%. SharkNinja’s quarterly revenue was up 22.2% on a year-over-year basis. During the same period last year, the business posted $0.97 EPS. SharkNinja has set its FY 2026 guidance at 6.450-6.550 EPS. Sell-side analysts expect that SharkNinja will post 5.89 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Neil Shah sold 50,000 shares of the business’s stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $186.36, for a total value of $9,318,000.00. Following the completion of the sale, the insider owned 497,220 shares in the company, valued at approximately $92,661,919.20. The trade was a 9.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Over the last quarter, insiders have sold 100,000 shares of company stock worth $18,613,911. Company insiders own 40.80% of the company’s stock.

Hedge Funds Weigh In On SharkNinja

Hedge funds and other institutional investors have recently modified their holdings of the business. Wedmont Private Capital lifted its position in shares of SharkNinja by 26.9% during the third quarter. Wedmont Private Capital now owns 6,461 shares of the company’s stock valued at $1,194,000 after buying an additional 1,371 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of SharkNinja by 64.8% in the 3rd quarter. GAMMA Investing LLC now owns 2,078 shares of the company’s stock valued at $374,000 after buying an additional 817 shares in the last quarter. CoreCap Advisors LLC boosted its holdings in shares of SharkNinja by 33,183.3% in the 3rd quarter. CoreCap Advisors LLC now owns 1,997 shares of the company’s stock valued at $360,000 after buying an additional 1,991 shares in the last quarter. Zevenbergen Capital Investments LLC grew its position in shares of SharkNinja by 4.0% in the 3rd quarter. Zevenbergen Capital Investments LLC now owns 145,282 shares of the company’s stock worth $26,168,000 after buying an additional 5,557 shares during the last quarter. Finally, Toth Financial Advisory Corp grew its position in shares of SharkNinja by 1.9% in the 3rd quarter. Toth Financial Advisory Corp now owns 8,471 shares of the company’s stock worth $1,526,000 after buying an additional 161 shares during the last quarter. 34.77% of the stock is currently owned by institutional investors.

About SharkNinja

SharkNinja, Inc is a global product design and technology company that develops consumer appliances and household products under the Shark and Ninja brands. Its portfolio includes vacuum cleaners, cordless and robot cleaning systems, steam mops, air purifiers, and other home-care products, as well as blenders, food processors, air fryers, coffee makers, cookware, and other kitchen appliances.

The company also offers products in categories such as beauty and personal care, including hair-styling tools.