SharkNinja, Inc. (SN) AI Stock Analysis

• Market Cap: $12.94B
• Dividend Yield: N/A
• Average Volume (3M): 1.48M
• Price to Earnings (P/E): 24.4
• Beta (1Y): 1.52
• Revenue Growth: 23.48%
• EPS Growth: 109.43%
• Country: US
• Employees: 3,600
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Furnishings, Fixtures & Appliances
• EPS (TTM): 0.97
• Shares Outstanding: 141,137,830
• 10 Day Avg. Volume: 1,969,922
• 30 Day Avg. Volume: 1,483,281
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.14
• Enterprise Value/Revenue: 2.51
• Enterprise Value/Gross Profit: 5.20
• Enterprise Value/Ebitda: 17.19
• 1Y Price Target: $135.89
• Price Target Upside: 52.17% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 10

• Rating: 71 Outperform
• Price Target: $117.00 ▲(31.02% Upside)

SharkNinja, Inc. demonstrates strong financial performance and positive earnings call sentiment, driving the overall score. However, bearish technical indicators and moderate valuation metrics slightly offset these strengths.

Positive Factors

Revenue Growth

Strong revenue growth indicates expanding market reach and product adoption, reinforcing SharkNinja's position in the household appliance sector.

International Expansion

Significant international growth showcases SharkNinja's ability to penetrate new markets, enhancing global brand presence and long-term revenue potential.

Supply Chain Diversification

Diversifying supply chain reduces dependency on China, mitigating geopolitical risks and potentially lowering costs, strengthening operational resilience.

Negative Factors

CFO Transition

Leadership changes can create uncertainty in financial strategy execution, potentially impacting investor confidence and operational stability.

Tariff Impact

Ongoing tariff challenges can increase costs and pressure margins, affecting profitability and competitive pricing in the long term.

Product Category Decline

Decline in specific product categories like air fryers could signal market saturation or increased competition, impacting future growth prospects.

SharkNinja, Inc. Business Overview & Revenue Model

Company Description

SharkNinja, Inc. is a leading consumer products company specializing in innovative home appliances and kitchenware. Founded in 1994, the company operates primarily in the home and kitchen sectors, designing and manufacturing a range of products that include vacuum cleaners, blenders, coffee makers, and food processors. SharkNinja is renowned for its commitment to quality, performance, and cutting-edge technology, which allows it to create user-friendly appliances that cater to the diverse needs of consumers.

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. shows strong revenue growth and improving profitability, with a healthy balance sheet and efficient cash flow management. The company maintains a balanced approach to leverage, ensuring financial stability while capitalizing on growth opportunities.

Income Statement

SharkNinja, Inc. demonstrates strong revenue growth with a TTM increase of 3.45% and consistent improvement in gross and net profit margins over the years. The EBIT and EBITDA margins are healthy, indicating efficient operations and profitability. However, the net profit margin, while improving, remains moderate compared to industry leaders.

Balance Sheet

The company's balance sheet shows a stable debt-to-equity ratio of 0.42 in the TTM, reflecting prudent financial management. Return on equity is robust at 26%, indicating effective use of equity to generate profits. However, the equity ratio is not explicitly calculated, which could provide further insights into asset financing.

Cash Flow

SharkNinja, Inc. exhibits strong free cash flow growth of 31.62% in the TTM, highlighting improved cash generation capabilities. The operating cash flow to net income ratio is moderate, suggesting room for improvement in cash conversion efficiency. The free cash flow to net income ratio is healthy, indicating good cash profitability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.88B	5.53B	4.25B	3.72B	3.73B	2.75B
Gross Profit	2.84B	2.66B	1.91B	1.41B	1.44B	1.25B
EBITDA	859.36M	759.29M	441.96M	415.71M	508.80M	537.83M
Net Income	518.48M	438.70M	167.08M	232.35M	331.11M	327.20M
Balance Sheet
Total Assets	4.54B	4.39B	3.49B	3.29B	3.36B	0.00
Cash, Cash Equivalents and Short-Term Investments	188.23M	363.67M	154.06M	192.89M	225.36M	0.00
Total Debt	918.90M	938.99M	871.07M	510.96M	563.75M	0.00
Total Liabilities	2.33B	2.46B	2.01B	1.47B	1.59B	0.00
Stockholders Equity	2.21B	1.94B	1.48B	1.83B	1.76B	0.00
Cash Flow
Free Cash Flow	248.21M	295.44M	148.80M	110.53M	169.07M	232.36M
Operating Cash Flow	402.61M	446.62M	280.60M	204.96M	229.15M	293.44M
Investing Cash Flow	-156.38M	-151.18M	-118.08M	-52.38M	-66.37M	-81.43M
Financing Cash Flow	-207.94M	-81.22M	-234.87M	-160.17M	-54.50M	-120.67M

SharkNinja, Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 89.30
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• 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 89.3 is below the 20-day moving average (MA) of 105.12, below the 50-day MA of 112.25, and below the 200-day MA of 100.61, indicating a bearish trend. The MACD of -6.10 indicates Positive momentum. The RSI at 17.79 is Positive, neither overbought nor oversold. The STOCH value of 6.88 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	71 Outperform	$12.94B	24.41	26.91%	―	23.48%	109.43%
LZB	64 Neutral	$1.35B	14.99	9.09%	2.72%	2.18%	-22.35%
PATK	62 Neutral	$3.28B	26.63	11.25%	1.65%	6.09%	-18.29%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
LEG	54 Neutral	$1.18B	8.51	18.68%	2.29%	-6.15%	―
MLKN	53 Neutral	$1.13B	45.68	-1.18%	4.51%	5.37%	-127.27%
WHR	49 Neutral	$4.31B	738.81	-5.35%	8.26%	-16.05%	-127.65%

SharkNinja, Inc. Corporate Events

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.

SharkNinja Reports Strong Q2 2025 Financial Results

On August 7, 2025, SharkNinja, Inc. announced its financial results for the second quarter ending June 30, 2025. The company reported a significant increase in net sales and gross profit compared to the previous year, indicating strong operational performance. This financial growth could enhance SharkNinja’s market position and potentially benefit stakeholders by increasing shareholder value and reinforcing the company’s competitive edge in the consumer goods industry.