Is SharkNinja Inc. (SN) One of the Most Promising Stocks Under $100?

SharkNinja Inc. (NYSE:SN) is one of the most promising stocks under $100. On September 30,  JPMorgan lowered the firm’s price target on SharkNinja to $136 from $142, while keeping an Overweight rating on the shares. JPMorgan expects the company’s sales growth in Q3 to be 11.1%, down from 13.5% previously, as the firm believes that the company is well-positioned for the holiday season.

In Q2, SharkNinja reported net sales growth of 15.7% year-over-year to $1.4 billion and a robust 33% increase in adjusted EBITDA to $223 million. The company saw broad-based strength, with domestic net sales up ~14% and international net sales reaccelerating to over 20% growth, supported by strong European trends and a successful transition to a direct model in Mexico.

SharkNinja also reached a major milestone and confirmed that ~90% of its US volume is now produced outside of China, which positions it for a competitive advantage. For the full-year 2025, the company expects net sales growth to increase by 13% to 15% (up from 11%), with an adjusted EBITDA in the range of $1.1 to $1.12 billion, representing 16% to 18% growth.

SharkNinja Inc. (NYSE:SN) is a product design and technology company that provides various solutions for consumers in the US, China, and internationally.

While we acknowledge the potential of SN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.