SharkNinja stock added to JPMorgan’s focus list as growth opportunity

Investing.com - SharkNinja (NYSE:SN) has been added to JPMorgan’s Analyst Focus List as a Growth Idea, despite the stock’s recent 23.5% decline over the past five days. According to InvestingPro data, the company maintains strong fundamentals with a healthy 48% gross margin and operates with moderate debt levels.

JPMorgan maintains an Overweight rating on SharkNinja, viewing the recent sell-off as a buying opportunity for medium to long-term investors, even as the company faces near-term sales deceleration. InvestingPro analysis indicates the stock is currently trading below its Fair Value, with RSI suggesting oversold conditions.

The investment bank attributes the slowdown primarily to shipment timing issues and innovation calendar adjustments, noting that management had previously disclosed these dynamics at a competitor conference in early September.

JPMorgan believes underlying demand for SharkNinja products remains strong, suggesting investors should look beyond the temporary challenges expected in the third and fourth quarters of this year.

The firm expects SharkNinja shares will likely rebound from current levels as investors shift focus to the company’s "likely solid pipeline of innovation in 2026."

In other recent news, SharkNinja, Inc. has announced several notable developments. The company revealed that comedian Kevin Hart will join David Beckham as a global brand ambassador, with a multi-year partnership set to launch a digital series featuring both celebrities. In another update, SharkNinja’s Chief Financial Officer, Patraic Reagan, announced his resignation, effective September 5, 2025, clarifying that his departure is not due to any disputes with the company. Furthermore, certain selling shareholders affiliated with CJ Xuning Wang, Chairperson of SharkNinja’s board, have commenced an underwritten public offering of 5 million ordinary shares, with an option for underwriters to purchase an additional 750,000 shares. This announcement led to a decline in SharkNinja’s stock in after-hours trading. Meanwhile, Smith+Nephew has gained attention with a new study highlighting the effectiveness of its ALLEVYN COMPLETE CARE Foam Dressing, which absorbs 93% of mechanical energy that can cause pressure injuries. The study was conducted by Professor Amit Gefen’s research group at Tel Aviv University, showcasing the dressing’s potential in preventing pressure injuries. These updates reflect the ongoing activities and strategic moves within both companies.

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