SharkNinja (NYSE:SN) Releases Quarterly Earnings Results, Beats Expectations By $0.44 EPS

SharkNinja (NYSE:SN) released its quarterly earnings results on Wednesday. The company reported $2.34 earnings per share for the quarter, beating analysts’ consensus estimates of $1.90 by $0.44, FiscalAI reports. SharkNinja had a return on equity of 27.79% and a net margin of 10.06%. The business had revenue of $1.98 billion during the quarter, compared to analyst estimates of $1.87 billion. During the same quarter last year, the company posted $1.50 EPS. SharkNinja’s revenue for the quarter was up 21.2% on a year-over-year basis.

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

• Strong growth led to higher 2026 guidance: Q3 net sales rose 21.2% year over year, with growth in both domestic and international markets. SharkNinja raised its full-year sales growth outlook to 18%–19% and its adjusted EPS range to $6.65–$6.75.
• Growth was broad-based, including in the core business: Management highlighted strong U.S. performance, international gains, and momentum across several categories; cooking and beverage sales rose 36.6%, while beauty and home environment grew 45.8%. Executives said innovation and refreshed assortments are supporting the established business as well as newer categories.
• International and digital channels are expanding the company’s reach: SharkNinja expects international sales growth to re-accelerate in Q4 and plans to have TikTok Shop operating in 14 countries ahead of the holiday season. Management also said social content generates off-platform sales, though these channel opportunities remain company projections.
• Q3 profitability benefited from tariff refunds, while underlying costs remain a headwind: Excluding the refund benefit, adjusted gross margin would have been down about 100 basis points, reflecting commodity, fuel, and foreign-exchange pressures. The company expects Q4 adjusted gross margin to decline about 100 basis points and adjusted EBITDA growth to slow to roughly 9%, citing the timing of reinvestments intended to support future growth.

SharkNinja Stock Performance

SharkNinja stock traded up $12.72 on Wednesday, reaching $223.31. 1,732,697 shares of the stock were exchanged, compared to its average volume of 1,816,078. The company has a current ratio of 2.08, a quick ratio of 1.45 and a debt-to-equity ratio of 0.24. The firm has a fifty day moving average price of $184.11 and a two-hundred day moving average price of $143.59. The stock has a market cap of $31.46 billion, a PE ratio of 45.51, a PEG ratio of 2.52 and a beta of 1.21. SharkNinja has a twelve month low of $83.12 and a twelve month high of $224.57.

Insider Transactions at SharkNinja

In related news, insider Neil Shah sold 50,000 shares of the business’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $186.36, for a total transaction of $9,318,000.00. Following the transaction, the insider owned 497,220 shares of the company’s stock, valued at approximately $92,661,919.20. The trade was a 9.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders have sold a total of 100,000 shares of company stock worth $18,613,911 over the last 90 days. Insiders own 40.80% of the company’s stock.

Key Headlines Impacting SharkNinja

Here are the key news stories impacting SharkNinja this week:

• Positive Sentiment: SharkNinja reported Q3 2026 adjusted earnings of $2.34 per share, above the roughly $1.90 consensus, and revenue of $1.98 billion versus estimates of $1.87 billion. Revenue rose 21.2% year over year, while EPS increased from $1.50 a year earlier. SharkNinja tops Q3 earnings and revenue estimates
• Positive Sentiment: Coverage of the results highlighted margin improvement and raised guidance, alongside optimism about the holiday season—supportive signals for expected profitability and demand. SharkNinja Q3 2026 earnings, margin and guidance SharkNinja earnings and holiday outlook
• Neutral Sentiment: BTIG began coverage of SharkNinja, but the available report details do not specify its rating or price target, so the investment implication is unclear. BTIG begins coverage on SharkNinja
• Negative Sentiment: Valuation may limit further gains: a pre-earnings analysis cited a GF Value estimate suggesting about 33% downside. This is a valuation model, not a guaranteed forecast, but it highlights risk if growth or expectations disappoint. Earnings watch: SharkNinja Q3 2026 and GF Value

Analysts Set New Price Targets

Several research analysts have commented on the stock. Guggenheim raised their target price on shares of SharkNinja from $175.00 to $210.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Canaccord Genuity Group increased their target price on SharkNinja from $185.00 to $210.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Weiss Ratings raised SharkNinja from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, August 17th. BTIG Research initiated coverage on SharkNinja in a report on Monday. They set a “buy” rating and a $245.00 price target on the stock. Finally, TD Cowen upped their target price on SharkNinja from $205.00 to $230.00 and gave the company a “buy” rating in a report on Tuesday, October 27th. Thirteen investment analysts have rated the stock with a Buy rating. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $198.70.

About SharkNinja

SharkNinja, Inc is a global product design and technology company that develops and markets consumer appliances under the Shark and Ninja brands. Its products are designed for everyday household tasks, with an emphasis on convenience, performance and accessible innovation.

The company’s portfolio includes vacuum cleaners and floor-care products, air purifiers, cooking appliances, blenders and food-preparation systems, coffee and beverage products, hair-care devices, and other home appliances.