
SharkNinja Inc (SN) Stock Forecast & Price Target
SharkNinja Inc (SN) Analyst Ratings
Bulls say
SharkNinja Inc. has demonstrated impressive financial growth, with adjusted net sales increasing at a compound annual growth rate (CAGR) of over 20% from 2018 to 2024, leading to a significant rise in total sales from $3.7 billion to $5.7 billion during this period. The company's adjusted gross margin has expanded to 49%, highlighting efficient cost management alongside revenue growth. Additionally, the Beauty and Home Environment product category saw a year-over-year increase of 26% in Q1, driven by successful product launches, and the doubling of web traffic to an average of 1.65 million monthly visitors signals strong consumer interest and engagement.
Bears say
SharkNinja faces significant challenges that could undermine its financial stability, particularly as it derives the majority of its revenue from a single market, the U.S., which risks heightened vulnerability to macroeconomic changes. The decline in average sales of specific cooling products at Dick's Sporting Goods reflects potential weakening demand and competitive pressures that may hinder the company's revenue growth. Moreover, the identified risks, including innovation failures, increased competition, and customer relationship maintenance difficulties, suggest that any significant missteps could adversely affect SharkNinja's sales and profitability moving forward.
This aggregate rating is based on analysts' research of SharkNinja Inc and is not a guaranteed prediction by Public.com or investment advice.
SharkNinja Inc (SN) Analyst Forecast & Price Prediction
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