Analysts have lowered their price target for SharkNinja, reducing it from $137.72 to $135.84 per share. This adjustment reflects slightly tempered expectations regarding revenue growth and profit margins.
What's in the News
- SharkNinja unveiled the Ninja CRISPi PRO Countertop Glass Air Fryer, which features a 6QT XL container, two new cooking functions, and precision digital temperature controls for improved performance. (Product Announcement)
- The company has launched Shark FacialPro Glow, a hydro-fueled, spa-grade at-home facial device, as well as the Shark DePuffi instant thermal massage tool for skincare. (Product Announcement)
- SharkNinja announced its move into the outdoor lifestyle space with the Ninja Fireside360, an all-in-one outdoor heating and fire pit system with smokeless flames and multiple operation modes. (Product Announcement)
- Chief Financial Officer Patraic Reagan will step down in September 2025, and Adam Quigley has been named interim CFO by the Board of Directors. (Executive Changes)
- The company completed a $638 million follow-on offering of 5,500,000 ordinary shares at $116 per share. (Equity Offering)
Valuation Changes
- Fair Value: The estimated fair value per share has decreased slightly, moving from $137.72 to $135.84.
- Discount Rate: The discount rate has risen marginally from 8.32% to 8.35%.
- Revenue Growth: Projected annual revenue growth has declined, dropping from 10.85% to 10.66%.
- Net Profit Margin: The net profit margin forecast has fallen from 12.26% to 11.86%.
- Future P/E: The forward price-to-earnings ratio has increased modestly, moving from 25.49x to 26.14x.
Disclaimer
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