SharkNinja (SN) remains well positioned for continued double-digit topline and bottomline growth into 2026, supported by product innovation, global expansion and a strong brand portfolio, Oppenheimer said in a note Monday.
The firm said management has "executed quite well" in a "very difficult" consumer durables and volatile tariff backdrop, while maintaining strong visibility at major retailers.
Oppenheimer introduced a 2027 earnings per share estimate of $6.40 and maintained its 2025 and 2026 projections.
The firm also highlighted potential upside from capital allocation initiatives, including possible share buybacks and working capital optimization.
Oppenheimer reiterated its outperform rating on SharkNinja and raised its price target to $130 from $112.
Price: 112.48, Change: -0.19, Percent Change: -0.17
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