Piper Sandler Reiterates Buy Rating on SharkNinja, Inc.
Piper Sandler maintains its buy rating on SharkNinja with a $150 price target.
Key Points
- Piper Sandler reiterated its buy rating on SharkNinja, Inc. with a $150 price target on June 10, 2026.
- Shares of SharkNinja are trading at $133.8 with a market cap of $18.9 billion and a P/E ratio of 27.
- FMR LLC reduced its holdings in SharkNinja, while BlackRock significantly increased its stake by 1.2 million shares.
Piper Sandler reiterated its buy rating on SharkNinja, Inc. (NYSE:SN) on June 10, 2026, maintaining a price target of $150. Analyst Peter Keith continues to express confidence in the stock, which is currently trading at $133.8.
Other Institutional Activity in SharkNinja
FMR LLC reduced its holdings in SharkNinja by 771,117 shares, bringing its total to 20,163,379 shares valued at approximately $2.1 billion. In contrast, BlackRock, Inc. increased its stake by 1,214,844 shares, ending with 3,148,454 shares worth about $333.4 million. Hightower Advisors, LLC also grew its holdings by 299,411 shares, now owning 6,627,185 shares valued at $701.8 million.
SharkNinja Stock Snapshot
Shares of SharkNinja are trading near $133.8. The company has a market cap of $18.9 billion, a P/E ratio of 27, and a forward P/E of 19. Its beta is 1.306, indicating moderate volatility. The stock's 52-week range is between $83.12 and $138.00, with a 50-day moving average of $115.5 and a 200-day moving average of $110.25. SharkNinja maintains a current ratio of 2.377 and a quick ratio of 1.58, with a debt-to-equity ratio of 31.156.
Recent Earnings
SharkNinja reported revenue of $6.59 billion with a growth rate of 15.6%. The company's net margin stands at 10.7%, and it achieved a return on equity of 29.4%. Earnings per share were $4.96. The next earnings report is expected on August 13, 2026.
Insider Buying and Selling at SharkNinja, Inc.
On June 4, 2026, Chief Legal Officer Pedro Lopez-Baldrich sold 2,200 shares at an average price of $122.60. Earlier, on May 8, 2026, Chief Financial Officer Adam Quigley sold 6,923 shares at $112.97.
Analysts Set New Price Targets
On June 10, 2026, Piper Sandler reiterated its buy rating on SharkNinja with a $150 price target. Previously, on May 7, 2026, JP Morgan maintained its buy rating, setting a $146 target. Canaccord Genuity also maintained its buy rating on May 4, 2026, with a $161 target. The overall analyst consensus is a strong buy, with a mean price target of $149.46 based on 12 analyst opinions.
About SharkNinja
SharkNinja, Inc. is a consumer products company based in Needham, Massachusetts. It designs and sells home appliances under the Shark and Ninja brands. The company offers a wide range of products, including vacuums, cooking appliances, and personal care devices. With operations in the U.S., China, and other international markets, SharkNinja employs around 4,000 people and is led by CEO Mark Adam Barrocas.
Bottom Line
Piper Sandler's reaffirmation of its buy rating for SharkNinja highlights the company's strong market position and growth potential. With its stock trading at $133.8 and a market cap of $18.9 billion, SharkNinja remains a key player in the consumer cyclical sector. The reiterated analyst target suggests continued optimism, though investors should remember that these ratings are based on past data and future performance may vary.
See Also
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