SharkNinja (SN)

NYSEConsumer DiscretionaryFurnishings, Fixtures & AppliancesSnapshot 2026-10-23

$196.38-1.40%

Close 2026-10-23 · 1-day change

Investment OutlookAs of Oct 24, 2026

What could strengthen or challenge SharkNinja’s outlook?

The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.

Higher potential upsideImproving expectations

Next-FY EPS estimate change · 30 days

+0.2%

+10% or more+5%0%−5%−10% or less

7.59 → 7.61 EPS · FY ending Dec 31, 2027 · 8 analysts

Higher risk of downsideWeakening expectations

One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.

How this is measured

Change in the same fiscal period’s mean EPS estimate from Sep 24, 2026 to Oct 24, 2026: (new ÷ prior − 1). Contributor count changed from 8 to 8; this is not the number of analysts revising. Source: FMP consensus snapshots. The ±10% axis is a display range.

Measure / period	Management expectations	Analyst expectations
Quarter ending 2026-12-30
Revenue	—	2.46B
EPS	—	2.329
Annual ending 2026-12-31
Revenue	—	7.51B
EPS	—	6.57
Annual ending 2027-12-31
Revenue	—	8.5B
EPS	—	7.608

Management figures unavailable.

What the Thesis Depends On

4 published thesis conditions, with dated milestones shown separately.

Key Factor	Why It Matters	Current Status	Break Condition	Latest Evidence
EPS reaches at least $6.0 in 2026	A primary condition in SharkNinja's published investment case. The stated target is >= $6.0 per share.	Intact	EPS falls below $6.0 in FY26	Diluted EPS: $0.92 per share FY2026-Q2; GAAP. Published target: >= $6.0 per share. Target period is not explicitly aligned with this observation. Source published Aug 5, 20260.92 USD/share · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: company_financial_results. Reference: 08bbe28a-d08b-4cb6-8350-0e0b79c6fd6f. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
New product launches sustain sales momentum	The company launches new products like espresso machines to drive growth.	Improving	New product launches fail to increase sales or gain market share	15%+ sales growth expected vs sustained growth target Analysts expect 15%+ growth; new espresso launch and AI tools reinforce innovation; one earnings miss noted but offset by strong product news. Context reviewed through Oct 23, 2026Last status assessment Oct 24, 2026Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Revenue reaches at least $1.29 billion in 2026	A primary condition in SharkNinja's published investment case. The stated target is >= $1.29 billion.	Intact	Revenue falls below $1.29 billion in FY26	Revenue: $1.765B FY2026-Q2; GAAP. Published target: >= $1.29 billion. Target period is not explicitly aligned with this observation. Source published Aug 5, 20261,765,476,000 USD · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: company_financial_results. Reference: 08bbe28a-d08b-4cb6-8350-0e0b79c6fd6f. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Valuation premium justified by growth and margins	A supporting condition in SharkNinja's published investment case. The stated target is P/E ratio justified by >=10% growth and stable margins.	Under Pressure	Growth falls below 6% or margins compress causing valuation contraction	P/E (TTM): 35.71x As of 2026-10-23; trailing twelve months. The target timing and basis require a separate assessment. Market data as of Oct 23, 202635.7055 ratio · calculatedLast status assessment Oct 24, 2026 Measurement source consolidated · TTM valuation Period ending Oct 23, 2026 Source: mart.stock_valuation_daily. Reference: SN:2026-10-23. Source status: canonical calculation. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.

Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.

Incoming Evidence

Compare these dated observations with the operating requirements above

Expectations trend

Same fiscal period

FY2027 · fiscal year ending 2027-12-31 · fmp

FY2027 EPS$7.61

$7.10 → $7.61 · observed estimates

FY2027 revenue$8.50B

$8.05B → $8.50B · observed estimates

Exact estimates & source dates

One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.

FY2027 estimate observations · fmp
Snapshot	EPS	Revenue	EPS / revenue analysts
2026-07-24	$7.10	$8,048,588,170	13 / 13
2026-07-25	$7.10	$8,048,588,170	13 / 13
2026-07-26	$7.09	$8,053,937,098	8 / 10
2026-07-27	$7.11	$8,053,972,780	13 / 13
2026-07-28	$7.09	$8,053,937,098	8 / 10
2026-07-29	$7.11	$8,055,695,860	13 / 13
2026-07-30	$7.11	$8,055,695,860	13 / 13
2026-07-31	$7.11	$8,062,821,713	8 / 10
2026-08-01	$7.11	$8,062,821,713	8 / 10
2026-08-02	$7.13	$8,066,394,320	13 / 13
2026-08-03	$7.12	$8,066,358,636	8 / 10
2026-08-04	$7.12	$8,066,358,636	8 / 10
2026-08-05	$7.12	$8,066,358,636	8 / 10
2026-08-06	$7.12	$8,066,358,636	8 / 10
2026-08-08	$7.32	$8,265,371,042	8 / 10
2026-08-09	$7.47	$8,332,289,909	13 / 13
2026-08-10	$7.47	$8,332,289,909	13 / 13
2026-08-12	$7.32	$8,265,371,042	8 / 10
2026-08-13	$7.32	$8,265,371,042	8 / 10
2026-08-14	$7.32	$8,265,371,042	8 / 10
2026-08-15	$7.32	$8,265,371,042	8 / 10
2026-08-16	$7.32	$8,265,371,042	8 / 10
2026-08-17	$7.32	$8,265,371,042	8 / 10
2026-08-18	$7.32	$8,265,371,042	8 / 10
2026-08-19	$7.32	$8,265,371,042	8 / 10
2026-08-20	$7.54	$8,453,790,401	8 / 10
2026-08-21	$7.54	$8,453,790,401	8 / 10
2026-08-22	$7.54	$8,453,790,401	8 / 10
2026-08-23	$7.54	$8,453,790,401	8 / 10
2026-08-24	$7.54	$8,453,790,401	8 / 10
2026-08-25	$7.54	$8,453,790,401	8 / 10
2026-08-26	$7.54	$8,453,790,401	8 / 10
2026-08-27	$7.54	$8,453,790,401	8 / 10
2026-08-28	$7.54	$8,453,790,401	8 / 10
2026-08-29	$7.54	$8,453,790,401	8 / 10
2026-08-30	$7.54	$8,453,790,401	8 / 10
2026-08-31	$7.54	$8,453,790,401	8 / 10
2026-09-01	$7.54	$8,453,790,401	8 / 10
2026-09-02	$7.54	$8,453,790,401	8 / 10
2026-09-03	$7.59	$8,478,244,247	8 / 10
2026-09-04	$7.59	$8,478,244,247	8 / 10
2026-09-05	$7.59	$8,478,244,247	8 / 10
2026-09-06	$7.59	$8,478,244,247	8 / 10
2026-09-07	$7.59	$8,478,244,247	8 / 10
2026-09-08	$7.59	$8,478,244,247	8 / 10
2026-09-09	$7.59	$8,478,244,247	8 / 10
2026-09-10	$7.59	$8,478,244,247	8 / 10
2026-09-11	$7.59	$8,478,244,247	8 / 10
2026-09-12	$7.59	$8,478,244,247	8 / 10
2026-09-13	$7.59	$8,478,244,247	8 / 10
2026-09-14	$7.59	$8,478,244,247	8 / 10
2026-09-15	$7.59	$8,478,244,247	8 / 10
2026-09-16	$7.59	$8,478,244,247	8 / 10
2026-09-17	$7.59	$8,478,244,247	8 / 10
2026-09-18	$7.59	$8,478,244,247	8 / 10
2026-09-19	$7.59	$8,478,244,247	8 / 10
2026-09-20	$7.59	$8,478,244,247	8 / 10
2026-09-21	$7.59	$8,478,244,247	8 / 10
2026-09-22	$7.59	$8,478,244,247	8 / 10
2026-09-23	$7.59	$8,478,244,247	8 / 10
2026-09-24	$7.59	$8,478,244,247	8 / 10
2026-09-25	$7.59	$8,478,244,247	8 / 10
2026-09-26	$7.59	$8,478,244,247	8 / 10
2026-09-27	$7.59	$8,478,244,247	8 / 10
2026-09-28	$7.59	$8,478,244,247	8 / 10
2026-09-29	$7.59	$8,478,244,247	8 / 10
2026-09-30	$7.59	$8,478,244,247	8 / 10
2026-10-01	$7.59	$8,478,244,247	8 / 10
2026-10-02	$7.59	$8,478,244,247	8 / 10
2026-10-03	$7.59	$8,478,244,247	8 / 10
2026-10-04	$7.59	$8,478,244,247	8 / 10
2026-10-05	$7.59	$8,478,244,247	8 / 10
2026-10-06	$7.59	$8,478,244,247	8 / 10
2026-10-07	$7.59	$8,478,244,247	8 / 10
2026-10-08	$7.59	$8,478,244,247	8 / 10
2026-10-09	$7.59	$8,478,244,247	8 / 10
2026-10-10	$7.59	$8,478,244,247	8 / 10
2026-10-11	$7.59	$8,478,244,247	8 / 10
2026-10-12	$7.59	$8,478,244,247	8 / 10
2026-10-13	$7.59	$8,478,244,247	8 / 10
2026-10-14	$7.59	$8,478,244,247	8 / 10
2026-10-15	$7.59	$8,478,244,247	8 / 10
2026-10-16	$7.59	$8,478,244,247	8 / 10
2026-10-17	$7.59	$8,478,244,247	8 / 10
2026-10-18	$7.59	$8,478,244,247	8 / 10
2026-10-19	$7.59	$8,478,244,247	8 / 10
2026-10-20	$7.60	$8,488,535,464	8 / 10
2026-10-21	$7.61	$8,499,591,079	8 / 10
2026-10-22	$7.61	$8,499,591,079	8 / 10
2026-10-23	$7.61	$8,499,591,079	8 / 10
2026-10-24	$7.61	$8,499,591,079	8 / 10

Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.

Compare required revenue and earnings

Analyst view

Monthly observations

Buy / Strong BuyHoldSell / Strong Sell

Exact monthly counts

Monthly rating snapshots · fmp. Missing snapshots are not zero.
Date	Buy*	Hold
2026-05-01	12	1
2026-06-01	13	1
2026-07-01	13	0
2026-08-01	13	0
2026-09-01	13	0
2026-10-01	13	0

*Buy includes Strong Buy; Sell includes Strong Sell. Monthly counts describe the analyst mix, not the firms behind each recent action.

Latest: 13 Buy / Strong Buy · 0 Hold · 0 Sell / Strong Sell

0 upgrades0 downgrades1 maintains

Recent actions · Sep 25–Oct 24 · 1 recorded

Price-target changes

30 days

Individual price-target observations are unavailable.

0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior

How this is measured

Sep 25, 2026–Oct 24, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.

Outlook in Brief

The evidence, the remaining questions, and what comes next

What's improving

No recovery evidence is reported in the available driver assessments.

Still unresolved / key risks

EPS reaches at least $6.0 in 2026Diluted EPS: $0.92 per share
Revenue reaches at least $1.29 billion in 2026Revenue: $1.765B
Valuation premium justified by growth and marginsPublished status: Under Pressure

Next proof point

Nov 4, 2026

Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.

Review earnings

Bottom line

3 of 4 published conditions remain under pressure or need verification. The next results need to address those conditions.

The dated weekly assessment and its assumptions are available in Read detailed Outlook.

Historical risk context

Observed price history; separate from operating scenarios

Price sensitivity

1.2%Typical daily move · historical

Downside history

-25.7%Maximum drawdown · trailing year

Read detailed Outlook Company context, assumptions & risks

SharkNinja outlook in detail

The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.

Updated Oct 24, 2026

What kind of bet this is

SN is a growth-focused business whose recent results show strong financial performance, rather than a turnaround story. Its long-term thesis is intact and has recently shifted from mixed to mildly favorable, though confidence in the evidence is medium.

What's priced into SharkNinja

SN is valued at a notable premium to peers, and the valuation model has low confidence. The market appears to assume continued growth and improved earnings, while the evidence does not indicate high fragility in that outlook.

What the fundamentals likely do

Near term, results are mixed: sales grew strongly and fiscal 2026 adjusted earnings-per-share guidance was raised, but SN missed its most recent quarter and has a run of consecutive earnings misses. Management's growth and investment plans are partly on track, with capital spending guidance maintained; execution remains important.

What SharkNinja hinges on

A key risk is whether management can sustain its raised guidance, since reversing it could hurt credibility as well as signal weaker results. Over the near term, sector bellwethers SGI, MHK, and PATK offer clues: continued strong results could support sector momentum, while misses or lower guidance could weaken it.