SharkNinja (SN) is likely to deliver sustained growth following a better-than-expected Q4 due to a strong US holiday season, Oppenheimer said Tuesday in a note.
However, the company may initiate a "conservative" full-year 2025 guidance initially, potentially taking into account transitory Chinese tariff headwinds, the firm said in an earnings preview. SharkNinja is scheduled to release Q4 results on Feb. 13.
While SharkNinja remains a "top pick" for Oppenheimer, the brokerage said financial projections for the company are subject to near-term adjustments amid tariff-related challenges.
"We are building in some conservatism given the unexpected early start to tariffs," it said.
Oppenheimer has an outperform rating on the stock and a $120 price target.
Price: 110.87, Change: +1.87, Percent Change: +1.71
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.