Sharkninja Inc rises on market strength and technical breakout
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 06 Jan 26
Source: NASDAQ.COM
Sharkninja Inc's stock price increased by 5.07% as it crossed above the 5-day SMA, reflecting positive momentum in the market.
This movement is attributed to broad market strength, with the Nasdaq-100 up 0.36% and the S&P 500 up 0.16%. The stock's performance indicates a favorable environment for investors, suggesting that the overall market conditions are supporting this upward trend.
The rise in Sharkninja's stock price may encourage further investment interest, particularly as the company continues to navigate a competitive landscape.
Analyst Views on SN
Wall Street analysts forecast SN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SN is 137.00 USD with a low forecast of 110.00 USD and a high forecast of 175.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
8 Buy
1 Hold
0 Sell
Strong Buy
Current: 119.840
Low
110.00
Averages
137.00
High
175.00
Current: 119.840
Low
110.00
Averages
137.00
High
175.00
About SN
SharkNinja, Inc. is a global product design and technology company, which offers lifestyle solutions to consumers around the world. Its diverse product portfolio spans over 36 household sub-categories, across cleaning, cooking, food preparation, and others, which include home environment and beauty. Its brands include Shark and Ninja. The Shark brand offerings cover handheld and robotic vacuums, as well as other floorcare products, including steam mops, wet/dry cleaning floor products and carpet extraction, beauty appliance and home environmental products. Ninja brand offers small kitchen appliances in the United States and its diversified product offering spans across consumers’ kitchens, both indoors and outdoors, with leading products in air fryers, multi-cookers, outdoor and countertop grills and ovens, coffee systems, carbonation, cookware, cutlery, kettles, toasters, and others. Its products are sold at key retailers, online and offline, and through distributors around the world.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
