SharkNinja (NYSE:SN) Releases Earnings Results, Beats Expectations By $0.15 EPS

SharkNinja (NYSE:SN) posted its quarterly earnings data on Wednesday. The company reported $1.26 earnings per share for the quarter, topping the consensus estimate of $1.11 by $0.15, FiscalAI reports. The company had revenue of $1.77 billion during the quarter, compared to analysts’ expectations of $1.65 billion. SharkNinja had a return on equity of 27.79% and a net margin of 10.06%.SharkNinja’s revenue for the quarter was up 22.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.97 earnings per share. SharkNinja updated its FY 2026 guidance to 6.450-6.550 EPS.

Here are the key takeaways from SharkNinja’s conference call:

• Q2 net sales rose 22.2% year over year to $1.77 billion, with domestic sales up 15.5% and international sales up 36.6%; growth was broad-based across geographies and all major product categories.
• Adjusted EBITDA increased 18.6% to $265 million, while adjusted EPS grew nearly 30% to $1.26, supported by operating-expense leverage despite tariff pressure.
• SharkNinja raised its full-year 2026 outlook, now expecting sales growth of 16%-17%, adjusted EBITDA of $1.36-$1.37 billion, and adjusted EPS of $6.45-$6.55, partly reflecting an expected $247.1 million tariff refund.
• Management highlighted additional growth opportunities from core-category innovation, new products such as the Ninja Crispi Microwave, international expansion, and faster-growing channels including TikTok Shop and direct-to-consumer commerce.
• Tariffs remain a significant cost headwind; adjusted gross margin declined about 70 basis points to 48.7%, and Q2 adjusted EBITDA margin fell roughly 50 basis points to 15%.

SharkNinja Stock Performance

SN stock traded down $2.54 during mid-day trading on Thursday, hitting $179.57. 2,658,976 shares of the company were exchanged, compared to its average volume of 1,739,499. SharkNinja has a 1-year low of $83.12 and a 1-year high of $187.04. The stock has a market capitalization of $25.41 billion, a PE ratio of 36.65, a price-to-earnings-growth ratio of 2.38 and a beta of 1.21. The business has a 50 day simple moving average of $145.10 and a 200-day simple moving average of $125.46. The company has a current ratio of 2.08, a quick ratio of 1.62 and a debt-to-equity ratio of 0.24.

More SharkNinja News

Here are the key news stories impacting SharkNinja this week:

• Positive Sentiment: SharkNinja reported second-quarter EPS of $1.26, above the $1.11 consensus estimate, while revenue rose 22.2% year over year to $1.77 billion, surpassing expectations of approximately $1.65 billion. Strong demand for cooking appliances, beauty products and other devices, along with international growth, supported the results. SharkNinja Reports Second Quarter 2026 Results
• Positive Sentiment: Management raised its fiscal 2026 outlook to adjusted EPS of $6.45–$6.55, compared with the previous consensus estimate of $6.07, and revenue of $7.4–$7.5 billion versus expectations of approximately $7.2 billion. The improved forecast reflects continued product innovation, international expansion and strong sales momentum. SharkNinja Raises Outlook After Sales Jump
• Positive Sentiment: JPMorgan raised its price target on SN to $207 from $170 and assigned an “overweight” rating, implying roughly 15% upside from the referenced share price. The upgrade reinforces the view that earnings growth and the higher outlook could support additional appreciation. Benzinga analyst update
• Neutral Sentiment: The earnings beat was helped by hot device sales, but investors may be weighing the stock’s already strong run and premium valuation, with shares trading near their 12-month high and at a reported price-to-earnings ratio of about 35.
• Negative Sentiment: Despite higher sales, second-quarter net income declined 7.0% to $129.8 million. Gross margin fell 30 basis points and adjusted gross margin decreased 70 basis points, highlighting profitability pressure from product mix, costs or investment in growth. SharkNinja Q2 2026 Earnings Call Transcript

Analyst Ratings Changes

SN has been the topic of several research reports. Oppenheimer boosted their target price on SharkNinja from $145.00 to $170.00 and gave the company an “outperform” rating in a research note on Monday, July 13th. Piper Sandler reiterated an “overweight” rating and issued a $200.00 price objective (up from $181.00) on shares of SharkNinja in a report on Thursday. Weiss Ratings raised shares of SharkNinja from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday. The Goldman Sachs Group restated a “buy” rating and issued a $204.00 price objective on shares of SharkNinja in a report on Thursday. Finally, JPMorgan Chase & Co. raised their price target on SharkNinja from $170.00 to $207.00 and gave the company an “overweight” rating in a research note on Thursday. Eleven research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, SharkNinja presently has a consensus rating of “Moderate Buy” and a consensus price target of $181.73.

Insider Buying and Selling

In other SharkNinja news, CFO Adam Quigley sold 6,923 shares of the company’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $112.97, for a total value of $782,091.31. Following the transaction, the chief financial officer directly owned 1,750 shares of the company’s stock, valued at $197,697.50. This represents a 79.82% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 40.80% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On SharkNinja

A number of hedge funds have recently added to or reduced their stakes in the stock. Invesco Ltd. grew its holdings in shares of SharkNinja by 17.6% during the 4th quarter. Invesco Ltd. now owns 136,118 shares of the company’s stock worth $15,232,000 after purchasing an additional 20,325 shares in the last quarter. Corient Private Wealth LLC grew its stake in SharkNinja by 21.7% during the fourth quarter. Corient Private Wealth LLC now owns 3,233 shares of the company’s stock worth $349,000 after buying an additional 577 shares in the last quarter. Empowered Funds LLC acquired a new stake in SharkNinja during the fourth quarter worth about $66,000. Utah Retirement Systems increased its holdings in SharkNinja by 2.3% in the 4th quarter. Utah Retirement Systems now owns 4,417 shares of the company’s stock valued at $494,000 after buying an additional 98 shares during the period. Finally, SummitTX Capital L.P. increased its holdings in SharkNinja by 517.0% in the 4th quarter. SummitTX Capital L.P. now owns 23,760 shares of the company’s stock valued at $2,659,000 after buying an additional 19,909 shares during the period. Institutional investors own 34.77% of the company’s stock.

About SharkNinja

SharkNinja (NYSE: SN) is a leading designer, marketer and distributor of innovative small home appliances under the Shark® and Ninja® brands. The company’s product portfolio spans floorcare, cleaning and home environment products, including upright, cordless and robotic vacuum cleaners, steam mops and air purifiers. In the kitchen category, SharkNinja offers a broad range of cooking and food preparation solutions, such as countertop ovens, air fryers, multicookers, blenders and coffee makers. Its products are positioned to deliver user-friendly performance, innovative features and durable design for everyday household tasks.

Founded in 1998 as Euro-Pro Operating LLC, the company initially focused on the European market before expanding its presence in North America.