SharkNinja (NYSE:SN) Issues FY 2026 Earnings Guidance

SharkNinja (NYSE:SN) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) 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.

SharkNinja Trading Up 4.9%

Shares of SN stock opened at $168.50 on Wednesday. The firm has a 50 day moving average price of $142.61 and a two-hundred day moving average price of $124.69. The company has a market capitalization of $23.85 billion, a PE ratio of 33.97, a price-to-earnings-growth ratio of 2.10 and a beta of 1.21. SharkNinja has a 12-month low of $83.12 and a 12-month high of $169.69. The company has a quick ratio of 1.62, a current ratio of 2.38 and a debt-to-equity ratio of 0.25.

SharkNinja (NYSE:SN) last released its quarterly earnings results on Wednesday, August 5th. The company reported $1.26 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.15. SharkNinja had a net margin of 10.70% and a return on equity of 29.07%. The business had revenue of $1.77 billion for the quarter, compared to analyst estimates of $1.65 billion. During the same period last year, the firm earned $0.97 earnings per share. SharkNinja’s revenue for the quarter was up 22.2% compared to the same quarter last year. SharkNinja has set its FY 2026 guidance at 6.450-6.550 EPS. As a group, analysts predict that SharkNinja will post 5.77 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have commented on SN shares. Piper Sandler raised their price objective on SharkNinja from $150.00 to $181.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Canaccord Genuity Group raised their price target on SharkNinja from $161.00 to $185.00 and gave the stock a “buy” rating in a research report on Monday, July 13th. Jefferies Financial Group reaffirmed a “buy” rating on shares of SharkNinja in a research note on Wednesday, May 6th. 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 report on Tuesday, July 7th. Finally, Weiss Ratings upgraded shares of SharkNinja from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday. Ten research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $167.90.

Insider Activity

In related news, CFO Adam Quigley sold 6,923 shares of the company’s stock in a transaction that occurred 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 sale, the chief financial officer directly owned 1,750 shares in the company, valued at $197,697.50. This represents a 79.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 40.80% of the stock is owned by company insiders.

Institutional Inflows and Outflows

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

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.