On August 5, SHARKNINJA INC rose 6.2% in regular trading, trading at $178.57/share, with turnover of $366 million. The rally was driven by Q2 results that broadly exceeded market expectations, accompanied by a significant upward revision to full-year guidance.

The company reported Q2 adjusted EPS of $1.26, up 29.9% year-over-year, beating the consensus estimate of $1.10 by approximately 13.5%. Net sales reached $1.77 billion, a 22.9% year-over-year increase, surpassing the $1.65 billion estimate by roughly 6.8%. Management raised its full-year adjusted EPS outlook to $6.45-$6.55, a substantial increase from the prior $6.00-$6.10 range and well above the analyst consensus of $6.18.

The beat-and-raise was consistent with Oppenheimer's earlier prediction, which had reiterated an outperform rating and raised its price target to $170. Growth momentum was supported by new product launches including the FlexStyle IonCurl and the David Beckham collaboration series, which continue to expand brand reach into premium lifestyle categories.

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