SharkNinja, Inc. (SN) AI Stock Analysis

• Market Cap: $17.01B
• Dividend Yield: N/A
• Average Volume (3M): 1.38M
• Price to Earnings (P/E): 30.5
• Beta (1Y): 1.49
• 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: 141,146,600
• 10 Day Avg. Volume: 1,217,896
• 30 Day Avg. Volume: 1,384,115
• 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: 0.90
• Enterprise Value/Revenue: 2.52
• Enterprise Value/Gross Profit: 5.18
• Enterprise Value/Ebitda: 16.49
• 1Y Price Target: $137.00
• Price Target Upside: 10.77% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 9
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 77 Outperform
• Price Target: $133.00 ▲(7.54% Upside)

The score is driven primarily by strong financial performance and cash generation, reinforced by a positive earnings call with raised/robust growth and profitability guidance. Technicals are supportive with the stock trading above key moving averages, while valuation (P/E ~28.9 and no dividend yield provided) tempers the overall rating.

Positive Factors

Free cash flow strength

Very strong free cash flow growth is a durable strength: it funds R&D, marketing, and international expansion without heavy reliance on external financing, improves financial flexibility to sustain product cycles, and supports long-term shareholder returns or opportunistic M&A.

High and improving margins

Robust gross margins and improving net margins reflect durable product differentiation and cost discipline. High margin structure helps absorb cost shocks, funds reinvestment in innovation, and supports sustainable profitability as the company scales internationally and expands categories.

Consistent organic revenue growth

A decade of consecutive organic double-digit quarters signals structural demand and successful product innovation. Consistent top-line expansion, plus accelerating international growth, supports durable market-share gains and long-term leverage of fixed costs into higher operating margins.

Negative Factors

Tariff headwinds

Sustained tariffs create a persistent cost overhang for manufacturing and sourcing, forcing either margin compression or price increases that can hurt demand. This structural geopolitical risk raises input costs and complicates long-term margin planning and supply footprint strategy.

Supply chain vulnerability

Recurrent supply chain disruptions pose a lasting operational risk: they can delay product launches, raise logistics and inventory carrying costs, and reduce revenue visibility. Even if managed, ongoing global logistics volatility can impede consistent execution of growth plans.

Revenue concentration & seasonality

Heavy reliance on major retail partners and seasonal promotion cycles increases negotiation risk and revenue volatility. Promotional dependence can erode margins over time and makes sales outcomes more tied to retail inventory cadence than purely to brand demand or product fundamentals.

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: Positive
• Last Price: 123.68
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SN, the sentiment is Positive. The current price of 123.68 is above the 20-day moving average (MA) of 115.97, above the 50-day MA of 103.89, and above the 200-day MA of 100.49, indicating a bullish trend. The MACD of 4.78 indicates Negative momentum. The RSI at 71.49 is Negative, neither overbought nor oversold. The STOCH value of 82.26 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SN.

SharkNinja, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SN	77 Outperform	$17.01B	30.54	27.36%	―	18.87%	58.76%
LZB	77 Outperform	$1.63B	18.26	8.82%	2.39%	1.78%	-25.36%
PATK	70 Outperform	$3.96B	34.05	10.49%	1.49%	6.08%	-22.18%
LEG	63 Neutral	$1.67B	7.66	26.20%	1.84%	-6.03%	―
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
MLKN	57 Neutral	$1.34B	-50.57	-1.95%	4.16%	4.34%	-141.36%
WHR	51 Neutral	$4.69B	-24.90	-6.68%	7.40%	-11.36%	-133.01%

SharkNinja, Inc. Corporate Events

SharkNinja Appoints Veteran Banker to Board of Directors

On January 5, 2026, SharkNinja appointed veteran investment banker Jason Wortendyke to its Board of Directors and to the Compensation Committee, with his initial term running until the company’s 2026 annual general meeting and director compensation aligned with other non‑employee board members. Wortendyke, currently Managing Director and Head of Midwest Investment Banking at Cantor Fitzgerald and formerly a senior leader at Citigroup, Credit Suisse, and UBS, brings more than 25 years of global finance and industrial-sector experience that is expected to support SharkNinja’s growth strategy, international expansion efforts, and efforts to enhance shareholder value.

The most recent analyst rating on (SN) stock is a Hold with a $110.00 price target. To see the full list of analyst forecasts on SharkNinja, Inc. stock, see the SN Stock Forecast page.

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.

The most recent analyst rating on (SN) stock is a Buy with a $175.00 price target. To see the full list of analyst forecasts on SharkNinja, Inc. stock, see the SN Stock Forecast page.