SharkNinja, Inc. (SN)
NYSE: SN · IEX Real-Time Price · USD
71.27
-0.73 (-1.01%)
At close: Jul 19, 2024, 4:00 PM
71.30
+0.03 (0.04%)
Pre-market: Jul 22, 2024, 7:29 AM EDT
SharkNinja Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for SharkNinja stock have an average target of 75.31, with a low estimate of 60 and a high estimate of 90. The average target predicts an increase of 5.67% from the current stock price of 71.27.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 16, 2024.
Analyst Ratings
The average analyst rating for SharkNinja stock from 8 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 5 | 6 | 6 | 6 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 7 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Strong Buy Initiates $90 | Strong Buy | Initiates | $90 | +26.28% | May 16, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $74 → $83 | Strong Buy | Maintains | $74 → $83 | +16.46% | May 13, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $75 → $82 | Strong Buy | Maintains | $75 → $82 | +15.06% | May 10, 2024 |
| UBS | UBS | Strong Buy Maintains $76 → $84 | Strong Buy | Maintains | $76 → $84 | +17.16% | May 10, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $65 → $67 | Hold | Maintains | $65 → $67 | -5.99% | May 10, 2024 |
Financial Forecast
Revenue This Year
4.94B
from 4.25B
Increased by 16.20%
Revenue Next Year
5.40B
from 4.94B
Increased by 9.18%
EPS This Year
3.97
from 1.20
Increased by 230.93%
EPS Next Year
4.50
from 3.97
Increased by 13.37%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.3B | 6.0B | 6.7B | 5.9B | 6.3B |
| Avg | 4.9B | 5.4B | 5.9B | 5.8B | 6.2B |
| Low | 4.6B | 4.9B | 5.2B | 5.5B | 5.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 24.7% | 20.7% | 23.6% | 1.2% | 8.1% |
| Avg | 16.2% | 9.2% | 8.7% | -0.7% | 6.0% |
| Low | 9.0% | -0.2% | -3.1% | -5.6% | 0.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.26 | 5.03 | 5.70 | 5.44 | 6.15 |
| Avg | 3.97 | 4.50 | 5.14 | 5.34 | 6.04 |
| Low | 3.68 | 4.06 | 4.52 | 5.08 | 5.74 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 255.2% | 26.7% | 26.6% | 5.9% | 15.3% |
| Avg | 230.9% | 13.4% | 14.1% | 3.8% | 13.1% |
| Low | 206.3% | 2.2% | 0.4% | -1.2% | 7.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.