SharkNinja (NYSE:SN) Updates FY 2025 Earnings Guidance

SharkNinja (NYSE:SN - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 4.800-4.900 for the period, compared to the consensus earnings per share estimate of 4.870. The company issued revenue guidance of $6.1 billion-$6.2 billion, compared to the consensus revenue estimate of $6.0 billion.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Canaccord Genuity Group raised their price target on shares of SharkNinja from $129.00 to $136.00 and gave the company a "buy" rating in a research note on Friday. Jefferies Financial Group increased their price target on SharkNinja from $150.00 to $175.00 and gave the stock a "buy" rating in a research note on Thursday. Morgan Stanley lifted their price objective on shares of SharkNinja from $93.00 to $108.00 and gave the company an "equal weight" rating in a research note on Friday. The Goldman Sachs Group raised their target price on shares of SharkNinja from $102.00 to $123.00 and gave the company a "buy" rating in a research note on Monday, October 21st. Finally, JPMorgan Chase & Co. boosted their target price on shares of SharkNinja from $120.00 to $127.00 and gave the stock an "overweight" rating in a report on Thursday, January 16th. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, SharkNinja has a consensus rating of "Moderate Buy" and an average price target of $122.50.

SharkNinja Trading Down 3.6 %

SharkNinja stock traded down $4.12 during midday trading on Monday, reaching $110.32. The stock had a trading volume of 1,578,203 shares, compared to its average volume of 879,238. The firm's fifty day simple moving average is $104.88 and its two-hundred day simple moving average is $101.02. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.67 and a quick ratio of 0.95. SharkNinja has a twelve month low of $49.86 and a twelve month high of $123.00. The firm has a market cap of $15.44 billion, a price-to-earnings ratio of 43.26, a PEG ratio of 1.74 and a beta of 1.13.

SharkNinja (NYSE:SN - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The company reported $1.20 earnings per share for the quarter, missing the consensus estimate of $1.26 by ($0.06). The business had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.61 billion. SharkNinja had a net margin of 7.02% and a return on equity of 32.55%. Equities analysts anticipate that SharkNinja will post 3.91 EPS for the current fiscal year.

SharkNinja Company Profile

SharkNinja, Inc, a product design and technology company, engages in the provision of various solutions for consumers worldwide. It offers cleaning appliances, including corded and cordless vacuums, including handheld and robotic vacuums, as well as other floorcare products comprising steam mops, wet/dry cleaning floor products, and carpet extraction; cooking and beverage appliances, such as air fryers, multi-cookers, outdoor and countertop grills and ovens, coffee systems, carbonation, cookware, cutlery, kettles, toasters and bakeware; food preparation appliances comprising blenders, food processors, ice cream makers, and juicers; and beauty appliances, such as hair dryers and stylers, as well as home environment products comprising air purifiers and humidifiers.