SharkNinja, Inc. Stock Price, News & Analysis

SharkNinja (NYSE: SN) has been named Technology Company of the Year by the Mass Technology Leadership Council, recognizing its exceptional business performance and disruptive consumer product innovation. The award was announced at the annual Technology Top 50 reception in Boston, where companies and executives were selected based on peer nominations.

CEO Mark Barrocas highlighted the company's focus on solving consumer problems through innovation, noting their ability to launch multiple new products annually that either redefine existing categories or enter new ones. The recognition emphasizes SharkNinja's role in shaping Massachusetts' technology landscape and its contribution to the state's robust technology ecosystem.

SharkNinja (NYSE: SN) has launched TurboBlade™, positioned as the most powerful bladeless fan in the market, priced at $249.99. The innovative product features multi-directional blades with 360-degree cooling coverage, reaching up to 80ft at maximum speed.

Key features include:

• Ten speed settings with specialized modes (Sleep Mode, BreezeBoost™, Natural Breeze Mode)
• AirBlanket™ Mode for quiet, widespread cooling
• Dust Defense™ technology for easy maintenance
• Adjustable telescoping pole
• Available in Dove White and Charcoal finishes

The product is currently available on SharkClean.com with planned nationwide retail rollout in Spring and international launch in 2025. The company aims to address common consumer complaints about traditional fans, including noise levels, aesthetics, and cooling power.

SharkNinja (NYSE: SN) has launched the Ninja Artisan™ Outdoor Pizza Oven, priced at $279.99. This innovative outdoor pizza oven features 5-in-1 functionality for baking, broiling, warming, proofing, and pizza making, reaching temperatures up to 700°F.

The oven utilizes proprietary Complete Temperature Control™ Technology for consistent heating without flame management. It offers five pizza settings (Neapolitan, Thin Crust, Pan, New York, and Custom) and can cook a 12-inch pizza in approximately three minutes after preheating.

Key features include a weather-resistant design, 12" x 12" cooking cavity, professional proofing function at 90°F, and a Chef's View Window. The product will be available globally from April 10, 2025, through NinjaKitchen.com and major retailers including Amazon, Lowe's, and Best Buy.

SharkNinja (NYSE: SN), a global product design and technology company, has announced its participation in the upcoming BofA 2025 Consumer & Retail Conference in Miami, FL. The company will host a fireside chat scheduled for Tuesday, March 11, 2025, at 3:30 p.m. Eastern Time.

The event will be accessible through a live webcast, with replay options available. Interested parties can access the webcast through the Investor Relations section of SharkNinja's website at ir.sharkninja.com.

SharkNinja (NYSE: SN) has launched the Ninja FlexFlame, its first propane outdoor cooking system priced at $999.99. The innovative system combines five cooking methods - grilling, smoking, roasting, griddling, and pizza-making - in a single unit.

The FlexFlame features CyclonicHeat-iQ technology, incorporating rapid convection airflow, precision propane flame control, and Woodfire Technology. Key capabilities include a high-velocity convection fan for faster cooking, preheating to 600°F in seven minutes, and using 25% less propane compared to Weber Genesis. The system requires only two cups of pellets for smoking functionality.

The product is currently available on NinjaKitchen.com and at select retailers in California, including Home Depot and ACE Hardware. Additional accessories are available separately, with global launch planned for 2026. The launch addresses market demand, as 47% of consumers own more than three cooking devices.

SharkNinja (NYSE: SN) reported strong financial results for Q4 and full-year 2024. Q4 net sales increased 29.7% to $1,787.2 million, with net income rising 161% to $128.7 million. Full-year 2024 saw net sales grow 30% to $5,528.6 million, while net income surged 162.6% to $438.7 million.

The company showed growth across all four product categories, with Food Preparation Appliances leading at over 80% growth. Gross margin improved by 320 basis points to 48.1% for the full year. Adjusted EBITDA increased 32.2% to $951.1 million.

For fiscal 2025, SharkNinja projects net sales growth of 10-12%, Adjusted Net Income per share between $4.80-$4.90 (12-15% increase), and Adjusted EBITDA of $1,070-$1,090 million (13-15% increase), factoring in the impact of 10% additional tariffs on Chinese imports announced February 2025.

SharkNinja (NYSE: SN) has launched the Ninja Swirl™ by CREAMi®, a new countertop frozen treat maker that offers both scoop and soft-serve capabilities. The device, priced at $349.99, builds upon the viral success of the original Ninja® CREAMi® from 2023.

The new product features 13 one-touch programs and six soft serve elements, including traditional soft serve, frozen custard, fruit whip, swirled frozen yogurt, and lite ice cream. It incorporates Soft Serve Creamify Technology® for smoother, creamier outputs and includes a specialized CreamiFit™ program for lower-calorie, high-protein options.

The product is currently available on NinjaKitchen.com and will be rolled out to retailers nationwide in Spring, with global launch planned for 2025. The launch addresses the growing trend of at-home ice cream consumption, with over 60% of Americans preferring to enjoy ice cream at home.

SharkNinja (NYSE: SN) has appointed Linus Karlsson as Executive Vice President and Chief Creative Officer, effective March 3. In this newly created role, Karlsson will lead SharkNinja's creative team, focusing on brand storytelling and shaping the company's creative vision while advancing product communication and consumer engagement strategies.

Karlsson brings over 30 years of global experience in creative leadership and brand building, most recently serving as Chief Creative Officer for IKEA. He will work from SharkNinja's global headquarters in Needham, Mass., and the upcoming Creative Design Hub in New York City. During his career, Karlsson has held leadership positions at major creative agencies, including McCann-Erickson, Crispin Porter + Bogusky, and co-founded Mother New York, working with global brands like Mastercard, Nespresso, and Target.

SharkNinja Inc. (NYSE: SN) has launched Shark™ CryoGlow™, its first entry into the skincare category. This FDA-cleared, MedSpa-inspired LED face mask combines iQLED Technology™ with under-eye cooling features. The device offers four treatment modes targeting different skin concerns, including anti-aging, skin clearing, and under-eye revitalization.

The product delivers 5x more energy for fine line reduction and acne treatment compared to leading competitors. Clinical studies demonstrated significant improvements, including 34% more radiant skin after 8 weeks, 20% firmer skin, and 23% reduction in redness. The device features tri-wick LED sequencing and InstaChill Technology™ with three temperature-controlled cooling levels.

Priced at $349.99, Shark™ CryoGlow™ is currently available on Sharkbeauty.com, with wider retail distribution planned for February 2025.