SharkNinja Inc.

SharkNinja Inc.

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Market Cap$20.53B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
SharkNinja Inc.SharkNinja Inc.29-26%4.90.1

Earnings Call Q1 2026

May 6, 2026 - AI Summary

Q1 performance was strong and broad-based (and beat the broader macro): Net sales grew +15.6% YoY to $1.41B; domestic +8.4% and international +31.6%. By category, cleaning +17% to $517M, cooking & beverage +19.8% to $415M, food prep -3.3% to $288M (primarily due to lapping a large frozen/sell-in period), and beauty & home +40.8% to $194M. Management highlighted “12th consecutive quarter” of double-digit organic net sales growth despite a reported U.S. market decline (low-to-mid single digits) when excluding SharkNinja.
Profitability improved with OpEx leverage; guidance raised: Adjusted gross margin ~49.2% (down ~100 bps YoY, attributed to tariff/tax headwind), while adjusted operating expenses = 35% of net sales (improved vs. prior year). Adjusted EBITDA +17.5% YoY to $235M with margin ~16.7% (up ~30 bps). Adjusted EPS +25% YoY to $1.09. Full-year 2026 outlook increased: - Net sales now expected +11.5% to +12.5% (vs prior +10% to +11%) - Adjusted net income per diluted share: $6.00–$6.10 (was $5.90–$6.00) - Adjusted EBITDA: $1.29B–$1.30B (was $1.27B–$1.28B) - Capex: $190M–$210M; net interest expense flat; GAAP tax ~22%–23% *Surprising/positive:* Despite gross margin pressure, operating leverage translated into higher EBITDA/EPS growth and the company increased guidance.
International optimism supported by DTC + TikTok Shop expansion (but with transition noise): International growth was strong (+31.6% YoY). Management expects continued momentum as it scales omnichannel, including a new DTC sales platform rollout (U.K. live; Germany/France live; Spain/Italy close; and broader international rollout in 1H). TikTok Shop expected to operate in ~7 countries by mid-year (already live in some markets; additional rollout in France/Germany and forthcoming in Spain/Italy/Mexico). *Opportunity:* International can grow faster as brand awareness rises, DTC improves, and retailer commitments strengthen into holiday. *Risk/negative noise:* EMEA transitions (e.g., Italy/Spain moving distributor → direct) created Q1 noise that management expects to normalize in Q2 and improve further in the back half.

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$152.00

Target Price by Analysts

0.3% upsideSharkNinja Target Price DetailsTarget Price
$45.29

Current Fair Value

70.1% downside

Overvalued by 70.1% based on the discounted cash flow analysis.

Share Statistics

Market cap$20.53 Billion
Enterprise Value$20.40 Billion
Dividend Yield$- (-)
Earnings per Share$4.97
Beta1.31
Outstanding Shares141,396,491

Return

Return on Equity25.51%ROE
Return on Assets14.05%
Return on Invested Capital25.44%

Valuation & Multiples

P/E Ratio29.02P/E Ratio
PEG942.81PEG
Price to Sales4.89Price to Sales
Price to Book Ratio7.97Price to Book Ratio
Enterprise Value to Revenue4.54
Enterprise Value to EBIT21.99
Enterprise Value to Net Income28
Total Debt to Enterprise0.02
Debt to Equity0.14Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
May 14, 2026
EPS Estimate
$1.00
Average shareholder expectation
Revenue Estimate
$1.38 B
Average shareholder expectation

Next Earnings Call

Expected Date
August 6, 2026
EPS Estimate
$1.10
Average shareholder expectation
Revenue Estimate
$1.64 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.5987▼ 1.02%
Total Calls1,113,496▼ 14.11%
Total Puts666,683▼ 15.56%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %58.17%▲ 1.40%
Total Invested$8.69B▼ 3.07%
Investors Holding500▲ 40.00%

ESG Score

No data

About SharkNinja Inc.

Relevant Senate Committees

Joint Committee on Taxation

This committee's technical expertise and official 'revenue estimates' are crucial for all tax legislation. Its work directly influences corporate tax structures and capital investment credits, impacting SharkNinja's financial planning and profitability, making it highly relevant.

Finance

This powerful committee controls taxation and trade policy, both of which directly impact SharkNinja's corporate profitability (through tax rates) and operational costs (through tariffs and trade agreements related to its global supply chain).

Judiciary

This committee's oversight of antitrust laws is critical for potential mergers and acquisitions involving SharkNinja, and its role in intellectual property regulation directly impacts SharkNinja's product designs, brands, and patents, making it highly relevant.

Commerce, Science, and Transportation

This committee has vast jurisdiction over interstate commerce, consumer protection (through the FTC), product safety, and fair competition, all of which are highly relevant to a consumer products company like SharkNinja. Members could possess non-public material information related to regulatory changes.