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Bank of America raises SharkNinja price target to $165 on strong Q2 sales and TikTok-driven product demand

Analyst Insights
07 Jul 2026
Proactive Investors
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Bullish
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Bank of America increased its price target for SharkNinja to $165 from $145, citing stronger-than-expected domestic sales in Q2 2026. Nielsen data showed a 51.5% year-over-year rise in product sell-through, boosted by Amazon Prime Day and social media trends, especially on TikTok. The bank highlighted SharkNinja's direct-to-consumer sales growth and viral product popularity, leading to an upward revision in earnings multiples. This reflects growing investor confidence in SharkNinja's sales momentum and online engagement.

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