SharkNinja (SN)
NYSEConsumer DiscretionaryFurnishings, Fixtures & AppliancesSnapshot 2026-09-04
$173.38-1.04%
Close 2026-09-04 · 1-day change
NYSEConsumer DiscretionaryFurnishings, Fixtures & AppliancesSnapshot 2026-09-04
Intact: The reason to own it still holds.
SharkNinja is growing sales with revenue guidance raised to about $1.3 billion in 2026. Earnings per share are expected to rise to $6.0-$6.1 next year. The company launches new products like espresso machines to drive growth. Profit margins remain stable with a moderate risk profile.
The stock trades at a high price-to-earnings ratio near 28, well above peers at 17.3. Free cash flow yield is low at 2%, limiting financial flexibility. Sales growth could slow if new products fail to gain traction or consumer demand weakens.
The market prices SharkNinja about 36% above our fair value near $111, reflecting optimism for 10.8% implied 3-year growth. Our fair value is 29% below the Street median, indicating the market may be too optimistic on growth and margin expansion.
Breaks if: EPS falls below $6.0 in FY26
Breaks if: New product launches fail to increase sales or gain market share
Breaks if: Revenue falls below $1.29 billion in FY26
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a durable compounder with a focus on growth through innovation and market expansion. The current thesis state is stable, but recent earnings performance has been mixed, leading to a cautious outlook.
The market appears to be pricing in a premium compared to peers, reflecting expectations of continued strong performance. However, the valuation is considered expensive, suggesting that high growth is already anticipated.
Management has shown a commitment to increasing profitability and maintaining disciplined capital expenditures. Recent financial performance has been strong, but there is a moderate risk of missing future earnings expectations due to industry trends.
The long-term thesis hinges on management's ability to deliver on growth targets and navigate potential headwinds in the Consumer Discretionary sector. Key factors include the performance of sector peers and macroeconomic indicators like inflation.
The most important moves since the prior daily snapshot.
Yes, our read has strengthened. The latest earnings beat supports this improvement. Analysts are confident in product innovation and market expansion. There are no new threats to the thesis.
as of 2026-09-04
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Breaks if: Growth falls below 6% or margins compress causing valuation contraction
Overall, SN's fundamentals are strong, but the market's high expectations and external risks warrant careful observation. Not investment advice.