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What Does Wall Street Think About SharkNinja (SN)?
Yahoo Financeยท 2025-10-16 12:21
Core Insights - SharkNinja, Inc. (NYSE:SN) is identified as a strong large-cap stock with over 50% upside potential, despite a recent price target reduction by JPMorgan from $142 to $136 while maintaining an overweight rating [1] Group 1: Company Performance and Sales Growth - Following a meeting with SharkNinja's management, JPMorgan noted that retailers are adopting a cautious approach to inventory, which may lead to Q3 sales growth trends falling into the low double digits [2] - JPMorgan revised its Q3 sales growth expectation for SharkNinja to 11.1%, down from a previous guidance of 13.5%, but remains optimistic about the company's positioning for the holiday season [3] Group 2: Analyst Sentiments and Market Position - Bank of America Securities analyst Alexander Perry previously expressed a bullish outlook for SharkNinja, setting a price target of $140 based on the company's strategic initiatives and growth potential [3] - SharkNinja operates as a global technology and product design company with a diverse portfolio across 31 household subcategories, including cleaning and cooking products under the Shark and Ninja brands [4][5]