SN
SharkNinja, Inc.
NYSE: SN · CONSUMER CYCLICAL · FURNISHINGS, FIXTURES & APPLIANCES
$133.80
-1.32% today
Updated 2026-06-12
Market cap
$17.31B
P/E ratio
24.65
P/S ratio
2.63x
EPS (TTM)
$4.96
Dividend yield
—
52W range
$81 – $134
Volume
2.1M
SharkNinja, Inc. (SN) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed SN price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$133.80
Today
Analyst consensus
$149.41
+11.67% · 12M
2030 Base
$99.07
-25.96% future
NPV today
$59.24
@ 12% WACC
12 analysts:
8 Buy2 Hold0 Sell
Management guidance
SharkNinja raised FY2026 net sales growth guidance to 11.5%-12.5% (from prior guidance). Q1 2026 achieved 15.6% revenue growth to $1.41B. Management emphasizes innovation pipeline and international expansion as primary growth drivers, with Beauty and Home Environment Appliances categories showing strongest momentum. No explicit 2027-2030 guidance provided by CEO.
Sources: Management guidance, analyst consensus, sector analysishigh confidence
SN · SharkNinja, Inc. · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
$99.07
NPV today: $59.24
Base case (2030)
$99.07
NPV today: $59.24
Bull case (2030)
$188.67
NPV today: $112.82
WallStSmart.com
SN financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $6.4B | $7.4B | $8.6B | $10.0B | $11.4B | $12.8B |
| Revenue growth | 15.7% | 12.9% | 16.1% | 15.9% | 13.9% | 12.5% |
| Net margin | — | 12.0% | 12.6% | 13.0% | 13.3% | 13.5% |
| EPS | $5.27 | $6.29 | $7.62 | $9.11 | $10.58 | $12.09 |
| Diluted shares | — | 142M | 142M | 143M | 143M | 143M |
| Net debt | — | $4.56M | $-269.79M | $-587.71M | $-950.15M | $-1.36B |
| P/S multiple | — | 1.0x | 1.0x | 1.0x | 1.0x | 1.0x |
| Implied price (base) | — | $52.38 | $62.58 | $74.23 | $86.41 | $99.07 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $12.8B | $12.8B | $12.8B |
| P/S multiple | 1.0x | 1.0x | 2.0x |
| Diluted shares | 143M | 143M | 143M |
| Net debt | $-1.36B | $-1.36B | $-1.36B |
| Implied P/E † | 8x | 8x | 16x |
| 2030 Price | $99.07 | $99.07 | $188.67 |
| NPV @ 12% | $59.24 | $59.24 | $112.82 |
† Implied P/E: Multiples remain elevated across all three scenarios because SN is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $99.07 base case
SN catalysts and risks
Growth catalysts
+ Continuous innovation in kitchen appliances, beauty devices, and home environment products (SLUSHi Twist, Ninja SilkiPro, Shark BreatheClear Max launches in 2026)
+ International expansion acceleration (Japan, Europe, Asia-Pacific markets historically underpenetrated relative to North America base)
+ S&P MidCap 400 inclusion (May 2026) driving passive fund inflows and increased institutional ownership
+ Beauty category penetration (Shark hair care, portable beauty devices) expanding TAM beyond home appliances
+ Direct-to-consumer and e-commerce channel strength (higher margin, brand control)
Key risks
- Tariff headwinds on Asian manufacturing costs pressuring gross margins (noted in Q1 2026 commentary); potential escalation with China trade tensions
- Consumer discretionary spending deceleration in recessionary environment (consumer cyclical sector vulnerability)
- Category saturation in North America kitchen appliances market (historically 60%+ of revenue) limiting organic growth in mature segments
- Insider selling signal (CFO Adam Quigley sold 80% of holdings in May 2026; Chief Commercial Officer sold $13M in prior year)
- Gross margin compression risk: management acknowledging ongoing cost inflation despite pricing actions
Methodology · SharkNinja, Inc. 2030 stock forecast model
SharkNinja, Inc. 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 12 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (1% cumulative for SN by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory ($-1.36B by 2030) |
| 3. Time value | NPV calculated using 12% WACC (CAPM: beta 1.33) |
| 4. Multiple framework | P/S compresses with scale: bear 1.0x / base 1.0x / bull 2.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: May 21, 2026.
SN price target FAQ
What is the SN price target for 2030?
WallStSmart's SharkNinja, Inc. 2030 base case is $99.07 per share, with a bull case of $188.67 and bear case of $99.07. The NPV of the base case discounted to today at 12% WACC is $59.24.
How is the SharkNinja, Inc. 2030 stock forecast calculated?
The SN 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
Why does the SN price target account for dilution?
SharkNinja, Inc. is projected to grow diluted share count from 142M to 143M by 2030 (a 1% increase) through stock-based compensation and capital raises. Ignoring this would inflate the price target by approximately 1%.
What is the analyst consensus on SN stock?
12 analysts cover SN with an average 12-month price target of $149.41. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.