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Canaccord raises its price target for SharkNinja to USD 138 and confirms its buy recommendation based on strong third-quarter results.

$SN

According to analysts, SharkNinja Inc (NYSE: SN ) is one of the most favorably valued US stocks. On November 7, Canaccord analyst Brian McNamara raised the price target for SharkNinja from USD 136 to USD 138 and confirmed the Buy recommendation. Despite the challenging US market, the company reported a strong third quarter in 2025, and this positive performance, coupled with optimistic expectations for the fourth quarter due to the upcoming holiday season, prompted the company to raise its financial guidance for 2025 again.


In the third quarter earnings report, SharkNinja reported a 14.3% year-on-year increase in net revenue to a total of USD 1.63 billion. This is the tenth consecutive quarter of double-digit organic growth driven by the company's international business units.


International sales alone rose by 25.8% to USD 530 million, mainly from the UK and Mexico. New product launches such as the Shark FacialPro Glow contributed significantly to this exceptionally high level of customer satisfaction. SharkNinja is forecasting net sales growth of 16 % for the fourth quarter.


SharkNinja Inc (NYSE:SN) is a product design and technology company that provides various solutions to consumers in the US, China and internationally.


https://www.insidermonkey.com/blog/canaccord-raises-sharkninja-sn-pt-to-138-maintains-buy-on-strong-q3-performance-optimistic-holiday-outlook-1648491/

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6 Comentários

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Thank you! An exciting company that I didn't even have on my radar yet ❤️
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@Liebesspieler
I see them advertised all the time. And my relatives speak positively about the products
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@Tenbagger2024 Yes, totally. I honestly didn't know that the company was listed on the stock exchange. The key figures look very good at first glance
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@Liebesspieler
Yes, I've seen that too. And they also have a broad product range.
The share had actually performed well. But I think they took a break this year due to the tariffs
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Unfortunately not with Scalable and trade :(
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My dear. Interesting
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