SharkNinja, Inc. (SN) AI Stock Analysis

• Market Cap: $12.33B
• Dividend Yield: N/A
• Average Volume (3M): 2.29M
• Price to Earnings (P/E): 21.6
• Beta (1Y): 1.51
• Revenue Growth: 18.87%
• EPS Growth: 58.76%
• Country: US
• Employees: 3,600
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Furnishings, Fixtures & Appliances
• EPS (TTM): 1.50
• Shares Outstanding: 141,137,830
• 10 Day Avg. Volume: 2,542,968
• 30 Day Avg. Volume: 2,291,916
• PEG Ratio: 0.19
• Price to Book (P/B): 7.04
• Price to Sales (P/S): 2.46
• P/FCF Ratio: 46.11
• Enterprise Value/Market Cap: 1.24
• Enterprise Value/Revenue: 2.52
• Enterprise Value/Gross Profit: 5.18
• Enterprise Value/Ebitda: 16.49
• 1Y Price Target: $134.43
• Price Target Upside: 53.83% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 8
• EPS Forecast (FY): 5.14
• Revenue Forecast (FY): $6.38B

• Rating: 76 Outperform
• Price Target: $104.00 ▲(19.01% Upside)

SharkNinja's strong financial performance and positive earnings call are the most significant factors driving the score. The company's robust revenue growth, improved margins, and increased guidance highlight its operational strength. However, mixed technical indicators and moderate valuation slightly temper the overall score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective sales strategies, supporting long-term business expansion.

Product Innovation

Continuous product innovation enhances competitive advantage and diversifies revenue streams, ensuring sustained market relevance.

International Expansion

Strong international growth diversifies revenue sources and reduces reliance on domestic markets, bolstering global market presence.

Negative Factors

Tariff Headwinds

Persistent tariffs can increase costs and pressure margins, potentially impacting profitability and competitive positioning.

Supply Chain Disruptions

Supply chain issues can lead to delays and increased costs, affecting product availability and operational efficiency.

CFO Transition

Leadership changes in key financial roles can create uncertainty in financial strategy and execution, impacting long-term planning.

SharkNinja, Inc. Business Overview & Revenue Model

Company Description

SharkNinja, Inc., a product design and technology company, engages in the provision of various solutions for consumers worldwide. It offers cleaning appliances, including corded and cordless vacuums, as well as other floorcare products; cooking and beverage appliances, such as air fryers, multi-cookers, outdoor and countertop grills and ovens, coffee systems, cookware, cutlery, kettles, toasters, and bakeware products; food preparation appliances comprising blenders, food processors, ice cream makers, and juicers; and beauty appliances, home environment products, and garment care products. The company sells its products through retailers, online and offline, and distributors. SharkNinja, Inc. was incorporated in 2017 and is headquartered in Needham, Massachusetts.

How the Company Makes Money

SharkNinja generates revenue through the direct sale of its consumer products across various channels, including retail partnerships, e-commerce platforms, and its own website. Key revenue streams include the sale of popular brands such as Shark for cleaning solutions and Ninja for kitchen appliances. The company benefits from significant partnerships with major retail chains, which enhance its market reach and visibility. Additionally, SharkNinja invests in marketing and advertising to promote its products, thereby driving sales and increasing brand loyalty. Seasonal promotions and new product launches also contribute to its revenue growth.

SharkNinja, Inc. Financial Statement Overview

Summary

SharkNinja, Inc. exhibits strong financial health with consistent revenue and profit growth, efficient cost management, and solid cash flow generation. The company maintains a balanced capital structure with manageable leverage, positioning it well for future growth and stability.

Income Statement

SharkNinja, Inc. shows strong revenue growth with a TTM increase of 3.46% and consistent improvement in profit margins. The gross profit margin is robust at 48.29%, and the net profit margin has improved to 8.82% TTM, indicating effective cost management and profitability. EBIT and EBITDA margins have also shown positive trends, reflecting operational efficiency.

Balance Sheet

The company's balance sheet is solid with a manageable debt-to-equity ratio of 0.42 TTM, showing a reduction from previous years, which indicates improved financial leverage. Return on equity is strong at 26.00% TTM, suggesting effective use of equity to generate profits. The equity ratio is stable, reflecting a balanced capital structure.

Cash Flow

SharkNinja, Inc. demonstrates strong cash flow management with a significant free cash flow growth rate of 60.90% TTM. The operating cash flow to net income ratio is healthy, indicating good cash generation relative to earnings. The free cash flow to net income ratio of 61.65% TTM suggests efficient conversion of earnings into cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	6.08B	5.53B	4.25B	3.72B	3.73B	2.75B
Gross Profit	2.96B	2.66B	1.91B	1.41B	1.44B	1.25B
EBITDA	928.69M	759.29M	441.96M	415.71M	508.80M	537.83M
Net Income	574.88M	438.70M	167.08M	232.35M	331.11M	327.20M
Balance Sheet
Total Assets	4.97B	4.39B	3.49B	3.29B	3.36B	0.00
Cash, Cash Equivalents and Short-Term Investments	263.82M	363.67M	154.06M	192.89M	225.36M	0.00
Total Debt	892.64M	938.99M	871.07M	510.96M	563.75M	0.00
Total Liabilities	2.57B	2.46B	2.01B	1.47B	1.59B	0.00
Stockholders Equity	2.41B	1.94B	1.48B	1.83B	1.76B	0.00
Cash Flow
Free Cash Flow	399.38M	295.44M	148.80M	110.53M	169.07M	232.36M
Operating Cash Flow	536.75M	446.62M	280.60M	204.96M	229.15M	293.44M
Investing Cash Flow	-144.32M	-151.18M	-118.08M	-52.38M	-66.37M	-81.43M
Financing Cash Flow	-262.44M	-81.22M	-234.87M	-160.17M	-54.50M	-120.67M

SharkNinja, Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 87.39
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SN, the sentiment is Negative. The current price of 87.39 is below the 20-day moving average (MA) of 90.68, below the 50-day MA of 97.21, and below the 200-day MA of 98.58, indicating a bearish trend. The MACD of -2.61 indicates Positive momentum. The RSI at 42.03 is Neutral, neither overbought nor oversold. The STOCH value of 14.91 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SN.

SharkNinja, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SN	76 Outperform	$12.33B	21.58	27.36%	―	18.87%	58.76%
LZB	69 Neutral	$1.21B	13.44	8.82%	2.97%	2.18%	-22.35%
PATK	65 Neutral	$3.28B	27.95	10.49%	1.63%	6.08%	-22.18%
LEG	62 Neutral	$1.21B	5.55	26.20%	2.29%	-6.03%	―
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
MLKN	54 Neutral	$954.41M	―	-1.18%	4.39%	5.37%	-127.27%
WHR	44 Neutral	$3.83B	―	-6.68%	8.25%	-11.36%	-133.01%

SharkNinja, Inc. Corporate Events

SharkNinja Reports Q3 2025 Results and Appoints New CFO

On November 6, 2025, SharkNinja, Inc. announced its financial results for the third quarter ending September 30, 2025, showing a notable increase in net sales and operating income compared to the previous year. Additionally, the company appointed Adam Quigley as the permanent Chief Financial Officer, effective November 6, 2025, following his interim role since September 2025. These developments are expected to strengthen SharkNinja’s financial management and strategic positioning in the market.

SharkNinja Announces CFO Transition with Adam Quigley as Interim

On August 26, 2025, SharkNinja, Inc. announced the resignation of its Chief Financial Officer, Patraic Reagan, effective September 5, 2025. The resignation was not due to any disagreements with the company. Subsequently, on August 27, 2025, the Board of Directors appointed Adam Quigley as the interim CFO, effective immediately after Reagan’s departure. Quigley, who has been with the company since 2015, has held various senior finance roles, positioning him as a suitable candidate to maintain stability in the company’s financial operations.

SharkNinja Completes Share Offering with Major Underwriters

On August 20, 2025, SharkNinja, Inc. entered into an underwriting agreement with J.P. Morgan Securities LLC and BofA Securities, Inc. for the sale of 5,500,000 ordinary shares by the company’s selling shareholders. The offering, which closed on August 22, 2025, included a 30-day option for underwriters to purchase an additional 825,000 shares. SharkNinja will not receive any proceeds from this sale, which was conducted under an effective shelf registration statement filed with the SEC. This transaction is expected to impact the company’s market positioning by potentially increasing liquidity and shareholder base, although it does not directly affect the company’s financials.