Canaccord Genuity raised its target price on SharkNinja to $160.00 from $140.00 and maintained a Buy rating following the company’s latest quarterly report. The stock is trading at $125.31, just under its 52-week peak of $130.21.
SharkNinja reported adjusted sales growth of 17.6% in the quarter. That top-line increase was marginally lower than Canaccord’s internal buy-side expectation of 17.9% but was ahead of the broader Street consensus of 16.8%.
Beyond revenue, the company outperformed profitability forecasts. Adjusted EBITDA and adjusted EPS both exceeded Street expectations - by roughly 2% and 7%, respectively. For the full year, SharkNinja recorded revenue growth of 15.75% and posted a gross profit margin of 49.01%.
Domestic results and market context
SharkNinja’s U.S. business showed particularly strong momentum, with domestic revenues up 15.7% in the quarter and 13.5% across 2025. That performance notably outpaced the broader U.S. market, which experienced mid-single-digit declines in Q4 when excluding SharkNinja and grew at a low-single-digit pace over 2025.
Capital allocation and balance sheet signals
The company unveiled a share repurchase program authorizing up to $750 million of buybacks. Canaccord interprets the program as a sign of a healthy balance sheet and management’s view that the shares are undervalued.
Analyst positioning and valuation
Canaccord described SharkNinja as a "2026 focus stock" and a "multi-year compounder" that fits mid-cap growth and GARP (Growth At a Reasonable Price) investor strategies. The firm noted that SharkNinja’s initial guidance for 2026 likely leaves room for upside given expectations of fewer headwinds than those seen in 2025. Current valuation metrics show a PEG ratio of 0.54, which analysts view as attractive relative to the company’s growth profile. The company also carries a "GREAT" rating in comprehensive coverage referenced in analyst materials.
Other analyst moves
Following the results, other research firms also adjusted their targets. Guggenheim raised its price target to $145 from $140 while keeping a Buy rating. Jefferies increased its target to $200 from $175, signaling growing confidence among some sell-side firms in SharkNinja’s expansion path.
Quarterly earnings beat and revenue outperformance
On reported results, SharkNinja posted fourth-quarter earnings per share of $1.93, a figure that exceeded the $1.09 consensus by 77.06%. Quarterly revenue reached $2.1 billion versus an expected $1.5 billion, a sizable top-line beat that underpins the positive analyst revisions.
Implications for investors
The combination of above-consensus revenue and profit metrics, an aggressive share buyback authorization and upward revisions to price targets has reinforced buy-side interest. Canaccord’s position that the initial 2026 outlook may contain upside and the favorable PEG ratio are cited as reasons the company can appeal to growth-oriented and GARP investors.
However, the picture is not without near-term contrasts: sales growth in the quarter narrowly missed one firm’s internal forecast even as it topped consensus, and the wider U.S. market showed weakness when SharkNinja’s results are excluded.
This article presents the company results, analyst reactions and valuation metrics reported in the quarterly release and subsequent research notes.