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SharkNinja is a specialty appliance stock that stands out above its competitors, according to JPMorgan. The Wall Street bank reiterated its overweight investment rating on the company, which designs small home appliances such as vacuums or the popular CREAMi ice cream maker, and is scheduled to report earnings on Aug. 8. Analysts led by Andrea Teixeira also established a December 2025 price target of $80, implying that shares of SharkNinja could rise more than 8% from Friday’s close. The stock jumped as much as 3.9% early Monday. SharkNinja stock has soared 145% since debuting in the U.S. at $30.05 per share this time last year. Shares have rallied 49% this year alone, including Monday’s move, although Teixeira noted they have underperformed since June after a strong spring. SN YTD mountain SN YTD chart “We believe there are a number of factors driving recent underperformance (e.g., tariff risk, ocean freight spike, lateral from HELE results), although we think these risks are largely overstated for SN,” the analyst wrote. The recent underperformance made the stock’s valuation benchmarks more attractive. Teixeira believes the stock could command a higher multiple as it continues to differentiate itself from peers through innovation, market share gains and consistent sales growth. The analyst also has high expectations for SharkNinja heading into the release of its second-quarter earnings results. Management has already raised its full-year guidance, but Teixeira now has a higher estimate for gross margins and earnings before interest and taxes margins than the rest of Wall Street, the JPMorgan report said. SharkNinja is well positioned to deliver high single-digit percentage revenue growth and double-digit percentage growth in both earnings and EBITDA “over the next several years, enabled by entry into new categories, geographic expansion into newer markets, and ongoing share gains in existing categories through innovation, quality/reliability, strong value proposition, and reinvestment behind sales and marketing,” Teixeira added. — CNBC’s Michael Bloom contributed to this report.
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