SharkNinja, Inc.(SN)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL
5-STAR RATING
PASS
LAST CLOSE
$182.57
10/02/2026
(24-hour delay)

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Upturn Advisory & Investor View for SN

10/02/2026: SN (5-star) is currently NOT-A-BUY. Pass it for now.

SharkNinja, Inc. is a consumer product company known for its Shark and Ninja brands, specializing in home floor care, kitchen appliances, and lifestyle products. The company has a leading position in North America, driven by its reputation for high-performance, accessible consumer technology. Its main investment appeal lies in a proven growth story rooted in rapid product innovation and category expansion. However, risks include heavy market concentration, intense competition from well-established incumbents, and sensitivity to discretionary spending cycles. This stock may suit growth-oriented investors who monitor the company's ability to maintain its innovation pipeline while successfully entering new geographic and product markets.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorStrong fitThe company's focus on innovation and category expansion aligns well with growth-oriented investment strategies.
Momentum investorStrong fit while signal remains positiveMomentum may be supported by consistent new product cycles and revenue growth trends.
Value investorMixed fitThe company often trades at premium multiples due to its growth profile, which may not satisfy traditional deep-value investors.
Dividend investorWeak fitThe company currently does not pay a dividend, focusing instead on growth and reinvestment.
Low-risk investorWeak fitConsumer discretionary stocks can be volatile and sensitive to broader economic cycles.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityMedium / highAs a consumer-facing growth stock, SN may experience significant price swings based on market sentiment and earnings reports.
Valuation riskMediumInvestors must weigh the company's growth expectations against its current market valuation.
Competition risk (Appliance industry)HighThe home appliance industry is crowded with well-capitalized competitors that can respond quickly to new product trends.
Business qualityMedium / highThe company has strong brand equity but remains dependent on maintaining a continuous, successful product pipeline.
Dividend incomeLow / noneThe company does not provide dividend income, making it unsuitable for income-focused portfolios.
Execution riskMediumThe company's reliance on successful product launches means that execution is critical to sustaining growth.

Price Behavior

Strong Uptrend
PRICE PATH

Strong Uptrend

The stock has maintained a strong upward price trend across the last three quarters.

Moderately Choppy
PRICE STABILITY

Moderately Choppy

The stock has experienced noticeable price swings while retaining some directional structure.

Analysis of Past Performance

Type Stock
Historic Profit 42%
Avg. Invested days 44
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/02/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
SN receives a 4-star rating, supported by solid company fundamentals, and solid analyst coverage. The rating is constrained by weak price momentum.

Company Fundamentals

★★★★★
SN has solid overall fundamentals (4 stars), with solid financial health, solid growth momentum, and solid ownership. In FY2025 versus FY2024, strong earnings growth (+59.9%) supports the fundamentals score.

Financial Health Rating

★★★★★
SN's financial health is supported by solid cash strength, including free-cash-flow generation (7.4% of revenue). Profitability is moderate (3 stars), which helps explain the 4-star overall score.

Growth Momentum Score

★★★★★
Free-cash-flow growth is SN's strongest growth driver at +60.6% FY2025 versus FY2024 (strong, 5 stars). Revenue growth (+15.7%, solid) and earnings growth (+59.9%, strong) are also constructive, though not equally high across every growth measure.

Ownership

★★★★★
Institutional ownership is 68.2% and approximately 61.0% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 39.01% supports management-shareholder alignment.

Top 5 Institutional Investors

FMR Inc 13.75%
BlackRock Inc 5.28%
HighTower Advisors, LLC 4.70%
UBS Group AG 2.81%
State Street Corp 1.84%

Unit Economics (Per $1K Revenue)

★★★★★
SN generates approximately $490 of gross profit, $144 of operating income, and $74 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Moderate margins and soft cash conversion support a 3-star rating, while capital efficiency is strong.

Economic Dimensions

★★★★★
Effective Tax Rate: 22.09%

Quantitative Style Profile

★★★★★
SN has a high-quality, large-cap, liquid profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

Quality TiltLarge / Mega Cap StabilityShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 25.44B USD
Price to earnings Ratio 36.76
1Y Target Price 209.56
Price to earnings Ratio 36.76
1Y Target Price 209.56
Volume (30-day avg) 1.9M shares
Beta 1.2
52 Weeks Range 83.12 - 194.54
Updated Date 10/01/2026
52 Weeks Range 83.12 - 194.54
Updated Date 10/01/2026
Dividends yield (FY) -
Basic EPS (TTM) 4.89

How Company Makes Money

Business areaWhat it includesRetail investor read
Floor CareShark-branded vacuums, steam mops, and floor cleaners.This is a core, mature segment that provides stable cash flow.
Kitchen AppliancesNinja-branded blenders, air fryers, and multi-cookers.This is a high-growth segment driven by constant innovation and viral marketing.
GeographyNorth American and International markets.The company is currently seeking to reduce its North American concentration by expanding internationally.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

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Valuation

Trailing PE 36.76
Forward PE 23.09
Enterprise Value 23.87B
Price to Sales(TTM) 3.68
Enterprise Value 23.87B
Price to Sales(TTM) 3.68
Enterprise Value to Revenue 3.45
Enterprise Value to EBITDA 22.25
Shares Outstanding 141.52M
Shares Floating 86.31M
Shares Outstanding 141.52M
Shares Floating 86.31M
Percent Insiders 39.01
Percent Institutions 68.15

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Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About SharkNinja, Inc.

Exchange NYSE
Headquarters Needham, MA, United States
IPO Launch date 2011-12-14
President, CEO & Director Mr. Mark Adam Barrocas
Sector Consumer Cyclical
Industry Furnishings, Fixtures & Appliances
Full time employees 4143
Full time employees 4143

SharkNinja, Inc., a product design and technology company, engages in the provision of various solutions for consumers in the United States, China, and internationally. It offers cleaning appliances, including corded and cordless vacuums, such as handheld and robotic vacuums, as well as other floorcare products comprising steam mops, wet/dry cleaning floor products, and carpet extraction; fans, coolers, frozen drink appliances, propane grills, and fire pits; and cooking and beverage appliances, such as air fryers, multi-cookers, outdoor and countertop grills and ovens, coffee systems, carbonation, cookware, cutlery, kettles, and toasters and bakeware products. The company also provides food preparation appliances, which include blenders, food processors, ice cream makers, juicers, and frozen drink appliances and coolers; haircare and skincare beauty appliances, as well as home environment products comprising air purifiers and fans. It sells its products through traditional brick-and-mortar retail channels and e-commerce channels, distributors, and direct-to-consumer channels under Shark and Ninja brands. SharkNinja, Inc. was incorporated in 2017 and is headquartered in Needham, Massachusetts.