William Blair analyst Phillip Blee has maintained their bullish stance on SN stock, giving a Buy rating on December 15.
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Phillip Blee has given his Buy rating due to a combination of factors reflecting SharkNinja, Inc.’s strong performance and growth prospects. The company demonstrated robust sales across various categories and geographies during the holiday season, which increases confidence in its ability to achieve or exceed its fourth-quarter sales growth targets. Additionally, management has laid out clear catalysts for sustained top-line growth, including improvements in inventory availability, a greater focus on innovation, and launching new product categories such as outdoor products.
Furthermore, SharkNinja is leveraging expanded marketing efforts, new distribution points, and innovative channels like TikTok Shop and ChatGPT, which are expected to become essential resources for future sales growth. Strong momentum in international markets, supported by ongoing inventory enhancements and direct operation models, further strengthens the company’s position. According to Blee, SharkNinja’s innovation-driven approach to growth lays the foundation for significant upside in 2026, making it a compelling investment choice.
According to TipRanks, Blee is a 4-star analyst with an average return of 15.9% and a 50.00% success rate. Blee covers the Consumer Cyclical sector, focusing on stocks such as Yeti Holdings, Driven Brands Holdings, and AutoZone.
In another report released on December 15, Oppenheimer also maintained a Buy rating on the stock with a $130.00 price target.