SharkNinja is trading 4.1% up at $167.08 as investors position ahead of the company's Q2 earnings report amid a broader market rally.
- Wall Street expects Q2 EPS of $1.09–$1.10 and revenue between $1.64–$1.65 billion, with the company anticipated to maintain double-digit full-year growth.
- Sentiment is further supported by a recent price target increase to $175 and a Strong Buy consensus rating, coinciding with a surge in the consumer discretionary sector.