SharkNinja Q2 Sales Jump 22% to $1.77B, 13th Straight Quarter of Double-Digit Growth
SN has more than doubled off its 52-week low of $83.12 on light trading volume (0.2× avg).
Summary
SharkNinja delivered another strong quarter: Q2 net sales rose 22.2% to $1.77 billion, marking its 13th consecutive quarter of double-digit growth. Cooking and Beverage was the standout, up 36.5% to $499 million. The company's multi-year trajectory is impressive—revenue climbed from $4.25 billion in FY2023 to $6.40 billion in FY2025, while operating income more than doubled from $374 million to $920 million and diluted EPS jumped from $1.20 to $4.94. The stock closed up 8% after the report, and analysts from Goldman Sachs, JPMorgan, Piper, TD Cowen, Guggenheim, Canaccord, and UBS set post-earnings targets between $200 and $219, implying further upside from the $182 level. This is a clear beat-and-raise story with broad analyst endorsement, reinforcing the stock's 63% year-to-date rally.
At the time of this announcement, SN was trading at $178.83 on NYSE in the Trade & Services sector, with a market capitalization of approximately $25.2B. The 52-week trading range was $83.12 to $191.22. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Binance News.