SharkNinja, Inc. (SN)
NYSE: SN · Real-Time Price · USD
103.56
+0.32 (0.31%)
Sep 16, 2024, 4:00 PM EDT - Market closed
Stock Price Forecast
The 8 analysts with 12-month price forecasts for SharkNinja stock have an average target of 84.56, with a low estimate of 60 and a high estimate of 110. The average target predicts a decrease of -18.35% from the current stock price of 103.56.
Analyst Consensus: Strong Buy
| Target | Low | Average | Median | High |
|---|---|---|---|---|
| Price | $60 | $84.56 | $90 | $110 |
| Change | -42.06% | -18.35% | -13.09% | +6.22% |
* Price targets were last updated on Aug 13, 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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 6 | 6 | 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 | 7 | 8 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Strong Buy Maintains $100 → $110 | Strong Buy | Maintains | $100 → $110 | +6.22% | Aug 13, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $83 → $102 | Strong Buy | Maintains | $83 → $102 | -1.51% | Aug 12, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $80 → $97 | Buy | Maintains | $80 → $97 | -6.33% | Aug 9, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $82 → $90 | Strong Buy | Maintains | $82 → $90 | -13.09% | Jul 23, 2024 |
| B of A Securities | B of A Securities | Strong Buy Initiates $90 | Strong Buy | Initiates | $90 | -13.09% | May 16, 2024 |
Financial Forecast
Revenue This Year
5.38B
from 4.25B
Increased by 26.36%
from 4.25B
Revenue Next Year
5.97B
from 5.38B
Increased by 11.13%
from 5.38B
EPS This Year
4.36
from 1.20
Increased by 263.62%
from 1.20
EPS Next Year
4.97
from 4.36
Increased by 13.86%
from 4.36
| Fiscal Year | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 | Dec 31, 2026 | Dec 31, 2027 | |
| Revenue | 2.75B | 3.73B | 3.72B | 4.25B | 5.38B | 5.97B | 6.60B | 5.83B | |
| Revenue Growth | - | 35.37% | -0.26% | 14.43% | 26.36% | 11.13% | 10.53% | -11.75% | |
| EPS | 6,543.96 | 2.38 | 1.67 | 1.20 | 4.36 | 4.97 | 5.77 | 5.34 | |
| EPS Growth | - | -99.96% | -29.83% | -28.14% | 263.62% | 13.86% | 16.09% | -7.50% | |
| Forward PE | - | - | - | - | 23.73 | 20.84 | 17.95 | 19.41 | |
| No. Analysts | - | - | - | - | 14 | 14 | 10 | 4 |
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.8B | 6.7B | 7.7B | ||
| Avg | 5.4B | 6.0B | 6.6B | ||
| Low | 5.0B | 5.5B | 5.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 35.6% | 25.1% | 28.8% | ||
| Avg | 26.4% | 11.1% | 10.5% | ||
| Low | 17.4% | 1.7% | -3.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.61 | 5.69 | 6.49 | ||
| Avg | 4.36 | 4.97 | 5.77 | ||
| Low | 4.08 | 4.08 | 5.10 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 284.1% | 30.4% | 30.6% | ||
| Avg | 263.6% | 13.9% | 16.1% | ||
| Low | 239.7% | -6.6% | 2.6% |
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.
