Group 1 - SharkNinja Inc. is considered a promising stock under $100, with JPMorgan lowering its price target to $136 from $142 while maintaining an Overweight rating [1] - The company is expected to experience a sales growth of 11.1% in Q3, down from a previous estimate of 13.5%, but is well-positioned for the holiday season [1] - In Q2, SharkNinja reported net sales growth of 15.7% year-over-year to $1.4 billion and a 33% increase in adjusted EBITDA to $223 million, with domestic net sales up approximately 14% and international net sales growing over 20% [2] Group 2 - SharkNinja has achieved a significant milestone, with approximately 90% of its US volume now produced outside of China, providing a competitive advantage [3] - For the full year 2025, the company anticipates net sales growth of 13% to 15% and adjusted EBITDA in the range of $1.1 to $1.12 billion, indicating a growth of 16% to 18% [3] - SharkNinja is a product design and technology company offering various consumer solutions in the US, China, and internationally [4]
Is SharkNinja Inc. (SN) One of the Most Promising Stocks Under $100?