Guggenheim on Thursday raised its price target for SharkNinja (NYSE: SN) to $145.00 from $140.00 and left its Buy rating intact, citing what it described as "solid industry leading operating momentum" as the company heads into 2026. At the time of the update, SharkNinja shares were trading at $125.31, approximately 0.96% below their 52-week high of $130.21.
The research note highlighted a broad-based fourth quarter 2025 performance that outpaced consensus across multiple measures. SharkNinja posted a 1.2% beat on net sales, improved gross margins by 80-85 basis points, produced adjusted EBITDA that was 3.9% better than expected and delivered a 50-basis-point stronger adjusted EBITDA margin. Adjusted EPS exceeded forecasts by $0.13, a 7% positive surprise.
InvestingPro data cited in the update shows the company with a moderate debt profile and solid liquidity, with current assets more than twice its short-term obligations. The data also indicates SharkNinja generated $6.4 billion in revenue over the last twelve months and sustained an elevated gross profit margin of 49.01%.
Guggenheim underscored SharkNinja's performance during the 2025 holiday season, when the company delivered 17-18% net sales growth alongside incremental EBIT(DA) margins in the 35-36% range. The firm noted this performance as evidence of the company's diversification benefits across 38 markets and 38 product categories, and its ability to reach broad demographic segments through all sales channels.
Valuation metrics referenced in the note indicate a relatively low P/E ratio versus near-term earnings growth, with a PEG ratio of 0.54. Guggenheim framed that as a potential value signal even though shares trade close to historical highs.
The research brief also called out strategic elements supporting the view: an "always-on" marketing approach, a diversified supply chain spanning roughly 70 suppliers across six countries, and management's emphasis on product innovation and technology investments. Those factors were described as contributing to the firm's view of SharkNinja as "one of the most dominant across the consumer & retail landscape."
Separately, SharkNinja reported strong fourth-quarter 2025 results, with GAAP earnings per share of $1.93, a 77.06% surprise over the $1.09 projected, and quarterly revenue of $2.1 billion versus an anticipated $1.5 billion. In another analyst update, Jefferies raised its price target on SharkNinja to $200 from $175 and maintained a Buy rating, attributing the increase to greater confidence in the company's growth algorithm.
Summary of updated analyst view and company results above reflect current published figures and the data points cited in the research notes and InvestingPro metrics.