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

SharkNinja, Inc. (NYSE:SN – Get Free Report) has earned a consensus recommendation of “Buy” from the twelve analysts that are covering the company, Marketbeat reports. Twelve equities research analysts have rated the stock with a buy rating. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $188.59.

A number of research analysts recently issued reports on the stock. Oppenheimer raised their target price on shares of SharkNinja from $145.00 to $170.00 and gave the company an “outperform” rating in a research note on Monday, July 13th. Piper Sandler reissued an “overweight” rating and set a $200.00 target price (up from $181.00) on shares of SharkNinja in a research report on Thursday, August 6th. The Goldman Sachs Group restated a “buy” rating and set a $204.00 price target on shares of SharkNinja in a report on Thursday, August 6th. TD Cowen raised their price target on SharkNinja from $160.00 to $205.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Finally, Guggenheim lifted their price objective on SharkNinja from $175.00 to $210.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th.

Read Our Latest Stock Analysis on SharkNinja

Insider Transactions at SharkNinja

In other SharkNinja news, insider Neil Shah sold 50,000 shares of SharkNinja stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $186.36, for a total value of $9,318,000.00. Following the transaction, the insider directly owned 497,220 shares of the company’s stock, valued at $92,661,919.20. The trade was a 9.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Over the last quarter, insiders sold 100,000 shares of company stock valued at $18,613,911. Company insiders own 40.80% of the company’s stock.

Institutional Investors Weigh In On SharkNinja

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in SharkNinja during the 1st quarter valued at $27,000. Clearstead Trust LLC acquired a new stake in SharkNinja in the 2nd quarter worth $30,000. Timbuktu Capital Management LLC bought a new position in shares of SharkNinja during the 2nd quarter worth about $40,000. Harbor Investment Advisory LLC bought a new position in shares of SharkNinja during the 2nd quarter worth about $70,000. Finally, EverSource Wealth Advisors LLC raised its position in shares of SharkNinja by 17.2% during the first quarter. EverSource Wealth Advisors LLC now owns 1,013 shares of the company’s stock valued at $107,000 after buying an additional 149 shares during the last quarter. Institutional investors and hedge funds own 34.77% of the company’s stock.

SharkNinja Stock Up 0.1%

Shares of SharkNinja stock opened at $185.07 on Wednesday. The stock has a market capitalization of $26.07 billion, a P/E ratio of 37.77, a PEG ratio of 2.19 and a beta of 1.27. The company has a quick ratio of 1.45, a current ratio of 2.08 and a debt-to-equity ratio of 0.24. The stock has a 50 day moving average price of $178.36 and a two-hundred day moving average price of $144.81. SharkNinja has a 12-month low of $83.12 and a 12-month high of $194.54.

SharkNinja (NYSE:SN – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $1.26 EPS for the quarter, beating analysts’ consensus estimates of $1.11 by $0.15. SharkNinja had a net margin of 10.06% and a return on equity of 27.79%. The company had revenue of $1.77 billion for the quarter, compared to analyst estimates of $1.65 billion. During the same quarter last year, the firm posted $0.97 earnings per share. The company’s quarterly revenue was up 22.2% compared to the same quarter last year. SharkNinja has set its FY 2026 guidance at 6.450-6.550 EPS. Equities analysts expect that SharkNinja will post 5.89 earnings per share for the current year.

SharkNinja Company Profile

(Get Free Report)

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.

See Also

Analyst Recommendations for SharkNinja (NYSE:SN)

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.