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SharkNinja (SN) Stock Forecast & Price Target

$105.98
-0.88 (-0.82%)
(As of 10:27 AM ET)

SharkNinja - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 10 Wall Street analysts who have issued ratings for SharkNinja in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 10 analysts, 1 has given a hold rating, and 9 have given a buy rating for SN.

Consensus Price Target

$83.81
-20.92% Downside
High Forecast$110.00
Average Forecast$83.81
Low Forecast$60.00

According to the 10 analysts' twelve-month price targets for SharkNinja, the average price target is $83.81. The highest price target for SN is $110.00, while the lowest price target for SN is $60.00. The average price target represents a forecasted downside of -20.92% from the current price of $105.98.

TypeCurrent Forecast
9/21/23 to 9/20/24
1 Month Ago
8/22/23 to 8/21/24
3 Months Ago
6/23/23 to 6/22/24
1 Year Ago
9/21/22 to 9/21/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
N/A
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
N/A
Buy
9 Buy rating(s)
9 Buy rating(s)
9 Buy rating(s)
N/A
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
N/A
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
N/A
Consensus Price Target$83.81$83.81$74.56N/A
Forecasted Upside-20.92% Downside16.41% Upside16.08% UpsideN/A
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SN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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SN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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SharkNinja Stock vs. The Competition

TypeSharkNinjaConsumer Discretionary CompaniesS&P 500
Consensus Rating Score
2.90
2.56
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside-21.55% Downside1,175.31% Upside6.75% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/13/2024Bank of America
4 of 5 stars
 Boost TargetBuy ➝ Buy$100.00 ➝ $110.00+21.41%
8/12/2024The Goldman Sachs Group
2 of 5 stars
 Boost TargetBuy ➝ Buy$83.00 ➝ $102.00+15.55%
8/9/2024JPMorgan Chase & Co.
3 of 5 stars
 Boost TargetOverweight ➝ Overweight$80.00 ➝ $97.00+10.68%
7/23/2024Canaccord Genuity Group
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 Boost TargetBuy ➝ Buy$82.00 ➝ $90.00+25.28%
5/29/2024China Renaissance
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 Initiated CoverageBuy
5/10/2024UBS Group
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 Boost TargetBuy ➝ Buy$76.00 ➝ $83.50+16.96%
5/10/2024Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$65.00 ➝ $67.00-5.58%
2/5/2024Guggenheim
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 Initiated CoverageBuy$60.00+23.28%
9/26/2023William Blair
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 Initiated CoverageOutperform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 10:51 AM ET.

SN Forecast - Frequently Asked Questions

What is SharkNinja's forecast for 2024?

According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for SharkNinja is $83.81, with a high forecast of $110.00 and a low forecast of $60.00.

Should I buy or sell SharkNinja stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SharkNinja in the last year. There is currently 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SN shares.

Does SharkNinja's stock price have much upside?

According to analysts, SharkNinja's stock has a predicted upside of 16.41% based on their 12-month stock forecasts.

What analysts cover SharkNinja?

SharkNinja has been rated by research analysts at Bank of America, Canaccord Genuity Group, JPMorgan Chase & Co., and The Goldman Sachs Group in the past 90 days.

Do Wall Street analysts like SharkNinja more than its competitors?

Analysts like SharkNinja more than other "consumer discretionary" companies. The consensus rating score for SharkNinja is 2.90 while the average consensus rating score for "consumer discretionary" companies is 2.56. Learn more on how SN compares to other companies.



This page (NYSE:SN) was last updated on 9/20/2024 by MarketBeat.com Staff
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