News Formal

JPMorgan thinks this emerging home appliance company with a wacky name is cheap going in to earnings

  • 📰 CNBC
  • ⏱ Reading Time:
  • 7 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

Investment Strategy News

Stock Markets,Sharkninja Inc,Earnings

This stock is trading below fair value despite its much stronger growth outlook and margin structure versus peers, according to JPMorgan.

SharkNinja is a specialty appliance stock that stands out above its competitors, according to JPMorgan. The Wall Street bank reiterated its overweight investment rating on the company, which designs small home appliances such as vacuums or the popular CREAMi ice cream maker and is scheduled to report earnings on August 8. Analysts led by Andrea Teixeira also established a December 2025 price target of $80, implying that shares of SharkNinja could rise more than 8% from Friday's close.

Here are Monday's biggest analyst calls: Nvidia, Apple, Tesla, Live Nation, 3M, Uber, Eli Lilly, Amazon, Coinbase & more

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Riot Platforms’ Acquisition of Block Mining Makes Sense, JPMorgan SaysWill Canny is CoinDesk's finance reporter.
Source: CoinDesk - 🏆 291. / 63 Read more »

JPMorgan and Citigroup Q2 Earnings Previews: Both Should Have Decent QuartersStocks Analysis by Brian Gilmartin covering: Citigroup Inc, JPMorgan Chase & Co. Read Brian Gilmartin's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »