SharkNinja Raises 2026 Forecast After Strong Third Quarter

SharkNinja Inc. raised its full-year 2026 adjusted earnings forecast to between $6.65 and $6.75 per share and increased its sales growth projection to 18%-19%. The move follows third-quarter results for the period ending September 30 that exceeded Wall Street estimates.

Adjusted earnings for the quarter rose 56% to $2.34 per share, while net income grew 79.3% to $338.4 million. Quarterly sales increased 21.2% to $1.98 billion. The company reported an adjusted gross margin of 55.9%, which it attributed to cost savings, a favorable sales mix, and $134.3 million in tariff refund claims.

Growth was driven by the release of the Ninja Luxe Café espresso machine and Ninja Crispi, alongside expanded product offerings in home environment and beauty appliances.