SharkNinja
About: SharkNinja Inc is a product design and technology company that creates 5-star-rated lifestyle solutions through inventive products for consumers around the world. Its product categories include Cleaning, Cooking, Food Preparation, Home Environment and Beauty products. It sells vacuum cleaners, cooking pots, fryers, hair dryers, etc. The SharkNinja Group is expected to carry on the design, production, marketing and distribution of the Shark and Ninja brands of small household appliances in North America, Europe and other selected international markets (excluding the Asia Pacific Region and Greater China). Currently, the majority of the revenue is derived from the U.S. market.
Employees: 3,019
0
Funds holding %
of 6,812 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
200% more first-time investments, than exits
New positions opened: 105 | Existing positions closed: 35
118% more call options, than puts
Call options by funds: $87.5M | Put options by funds: $40.1M
35% more capital invested
Capital invested by funds: $4.85B [Q2] → $6.56B (+$1.71B) [Q3]
30% more funds holding
Funds holding: 236 [Q2] → 306 (+70) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 19 [Q2] → 19 (+0) [Q3]
2.97% less ownership
Funds ownership: 46.1% [Q2] → 43.13% (-2.97%) [Q3]
10% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 98
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$93
6%
downside
Avg. target
$122
24%
upside
High target
$150
52%
upside
7 analyst ratings
6 positive
86%
1 neutral
14%
0 negative
0%
Morgan Stanley Megan Alexander 45% 1-year accuracy 5 / 11 met price target | 6%downside $93 | Equal-Weight Maintained | 1 Nov 2024 |
JP Morgan Andrea Teixeira 40% 1-year accuracy 21 / 53 met price target | 22%upside $120 | Overweight Maintained | 1 Nov 2024 |
Canaccord Genuity Brian McNamara 56% 1-year accuracy 24 / 43 met price target | 30%upside $128 | Buy Maintained | 25 Oct 2024 |
Jefferies Randal Konik 38% 1-year accuracy 3 / 8 met price target | 52%upside $150 | Buy Maintained | 23 Oct 2024 |
Goldman Sachs Brooke Roach 66% 1-year accuracy 23 / 35 met price target | 25%upside $123 | Buy Maintained | 21 Oct 2024 |
Financial journalist opinion
Positive
Zacks Investment Research
2 weeks ago
Is SharkNinja, Inc. (SN) a Buy as Wall Street Analysts Look Optimistic?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Neutral
Zacks Investment Research
1 month ago
Brokers Suggest Investing in SharkNinja, Inc. (SN): Read This Before Placing a Bet
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Neutral
Business Wire
1 month ago
SharkNinja to Participate in the Morgan Stanley Global Consumer & Retail Conference
NEEDHAM, Mass.--(BUSINESS WIRE)--SharkNinja, Inc. (NYSE: SN), a global product design and technology company, today announced that the Company will be participating in the Morgan Stanley Global Consumer & Retail Conference in New York City. SharkNinja is hosting a fireside chat that is scheduled to begin at 2:15 p.m. Eastern Time on Wednesday, December 4, 2024. The fireside chat will be webcast live and available for replay. The link to the webcast will be available on the Investor Relation.
Neutral
GlobeNewsWire
1 month ago
National Advertising Division Recommends SharkNinja Discontinue Certain Best Deep Carpet Cleaning Claims
In a challenge brought by BISSELL Homecare, Inc., BBB National Programs' National Advertising Division recommended that SharkNinja Operating, LLC discontinue the claim “The Best Deep Carpet Cleaning Among Full-Sized Deep Carpet Cleaners** Based on ASTM F2828 vs. full-sized carpet cleaners above 14 lbs.” In a challenge brought by BISSELL Homecare, Inc., BBB National Programs' National Advertising Division recommended that SharkNinja Operating, LLC discontinue the claim “The Best Deep Carpet Cleaning Among Full-Sized Deep Carpet Cleaners** Based on ASTM F2828 vs. full-sized carpet cleaners above 14 lbs.”
Positive
Zacks Investment Research
1 month ago
FLXS vs. SN: Which Stock Is the Better Value Option?
Investors interested in stocks from the Furniture sector have probably already heard of Flexsteel Industries (FLXS) and SharkNinja, Inc. (SN). But which of these two stocks is more attractive to value investors?
Positive
Seeking Alpha
1 month ago
SharkNinja: Aggressive Growth And Global Expansion Set To Continue
SharkNinja is a unique company characterized by an aggressive strategy focused on innovation and marketing. In 2023, the group released 25 new products and plans to launch 15 more in 2025. The firm expertly harnesses social media, leveraging platforms like TikTok and Instagram alongside partnerships with high-profile influencers and celebrities, including the legendary Thierry Henry.
Positive
Zacks Investment Research
1 month ago
Down -15.75% in 4 Weeks, Here's Why SharkNinja, Inc. (SN) Looks Ripe for a Turnaround
SharkNinja, Inc. (SN) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Negative
Zacks Investment Research
1 month ago
SharkNinja, Inc. (SN) Loses -15.44% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
SharkNinja, Inc. (SN) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Neutral
Business Wire
1 month ago
SharkNinja and David Beckham Help Consumers “Ninja the Holidays” in First-Ever Global Omnichannel Campaign for the Ninja Brand
NEEDHAM, Mass.--(BUSINESS WIRE)--SharkNinja and David Beckham Help Consumers “Ninja the Holidays” in First-Ever Global Omnichannel Campaign for the Ninja Brand.
Neutral
Seeking Alpha
1 month ago
SharkNinja, Inc. (SN) Q3 2024 Earnings Call Transcript
SharkNinja, Inc. (NYSE:SN ) Q3 2024 Earnings Conference Call October 31, 2024 8:30 AM ET Company Participants Arvind Bhatia - Senior Vice President, Investor Relations Mark Barrocas - Chief Executive Officer Patraic Reagan - Chief Financial Officer Conference Call Participants Brooke Roach - Goldman Sachs Randy Konik - Jefferies Andrea Teixeira - JPMorgan Megan Alexander - Morgan Stanley Operator Good morning, and thank you all for attending the SharkNinja's Third Quarter 2024 Earnings Conference Call. My name is Brika, and I will be your moderator for today.
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