BofA raised the firm’s price target on SharkNinja (SN) to $145 from $140 and keeps a Buy rating on the shares. After having hosted an investor meeting with SharkNinja’s CEO and CFO at last week’s ICR Conference, the firm believes the company is positioned for a strong Q4 and 2026 given a successful holiday season, direct-to-consumer growth, and a solid backlog of product launches. Following the meetings, the firm raised its Q4 and 2026 EPS estimates to $1.80 and $6.10, respectively.
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Read More on SN:
- SharkNinja Appoints Kaitlin Folan as Chief Accounting Officer
- SharkNinja price target raised to $142 from $126 at JPMorgan
- SharkNinja price target raised to $140 from $130 at Oppenheimer
- SharkNinja says ‘feels really good’ about Q4 guidance
- SharkNinja price target raised to $140 from $138 at Canaccord
