As you might know, SharkNinja, Inc. (NYSE:SN) just kicked off its latest quarterly results with some very strong numbers. The company beat forecasts, with revenue of US$1.2b, some 4.6% above estimates, and statutory earnings per share (EPS) coming in at US$0.83, 52% ahead of expectations. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.

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Taking into account the latest results, the most recent consensus for SharkNinja from twelve analysts is for revenues of US$6.26b in 2025. If met, it would imply a solid 10% increase on its revenue over the past 12 months. Per-share earnings are expected to surge 42% to US$4.49. In the lead-up to this report, the analysts had been modelling revenues of US$6.24b and earnings per share (EPS) of US$3.95 in 2025. Although the revenue estimates have not really changed, we can see there's been a substantial gain in earnings per share expectations, suggesting that the analysts have become more bullish after the latest result.

View our latest analysis for SharkNinja

The consensus price target was unchanged at US$123, implying that the improved earnings outlook is not expected to have a long term impact on value creation for shareholders. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. The most optimistic SharkNinja analyst has a price target of US$175 per share, while the most pessimistic values it at US$101. This is a fairly broad spread of estimates, suggesting that analysts are forecasting a wide range of possible outcomes for the business.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the SharkNinja's past performance and to peers in the same industry. It's pretty clear that there is an expectation that SharkNinja's revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 14% growth on an annualised basis. This is compared to a historical growth rate of 27% over the past year. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 4.1% annually. Even after the forecast slowdown in growth, it seems obvious that SharkNinja is also expected to grow faster than the wider industry.

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The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around SharkNinja's earnings potential next year. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have forecasts for SharkNinja going out to 2027, and you can see them free on our platform here.

You can also view our analysis of SharkNinja's balance sheet, and whether we think SharkNinja is carrying too much debt, for free  on our platform here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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