SharkNinja up after TD Cowen initiates with 'buy'

Sharkninja

10/12/2025 18:08

** Shares of home appliance maker SharkNinja SN.N rise as much as 2.5% to $112.86

** Brokerage TD Cowen initiates rating on stock at "buy"; sets PT of $135

** Brokerage sees opportunities for greater shareholder value "with a potential share buyback program leveraging strong cash generation"

** Sees beauty segment unlocking the next leg of growth, with sales expected to double in size over the next few years

** Says international sales, which had outpaced domestic, could increase further as co leans into marketing to launch more products into international markets

** Acknowledges risk around management potentially guiding FY26 with some conservatism during its Q4 earnings, but believes it will be likely beat and raise throughout the year, consistent with prior years

** Average rating of 14 brokerages is "buy"; with a median PT of $129 - data compiled by LSEG

** Up to last close, stock has risen 13.1% YTD

(Reporting by Neil J Kanatt in Bengaluru)

((Neil.JKanatt@thomsonreuters.com;))