Analyst Andrew Didora of Bank of America Securities reiterated a Buy rating on SharkNinja, Inc., retaining the price target of $145.00.
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Andrew Didora has given his Buy rating due to a combination of factors that highlight SharkNinja’s resilient business model and earnings trajectory. He points to solid first-quarter performance, constructive conversations with management, and encouraging second-half retailer demand, which collectively support his view that the company can incrementally lift its EPS guidance over the course of the year.
He also emphasizes the company’s ability to manage margins despite macro headwinds, helped by lower tariff rates, supply-chain flexibility, and favorable mix shifts toward higher-margin products and channels. With domestic growth expected to strengthen, Canadian revenue poised to narrow the gap with the U.S., robust international expansion, and EBITDA margins projected to improve, he reiterates a Buy rating and maintains his $145 price target unchanged.
In another report released yesterday, TD Cowen also reiterated a Buy rating on the stock with a $145.00 price target.
Based on the recent corporate insider activity of 8 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SN in relation to earlier this year.