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Added to YB: 2024-11-22

Pitch date: 2024-11-21

SN [bearish]

SharkNinja, Inc.

-12.67%

current return

Author Info

Grizzly Research produces differentiated research insights on publicly traded companies through in-depth due diligence. Sign up for the newsletter.

Company Info

SharkNinja, Inc., a product design and technology company, engages in the provision of various solutions for consumers in the United States, China, and internationally.

Market Cap

$15.2B

Pitch Price

$100.00

Price Target

N/A

Dividend

N/A

EV/EBITDA

18.09

P/E

29.42

EV/Sales

2.71

Sector

Household Durables

Category

N/A

Show full summary:
We Believe SharkNinja, Inc (NYSE: SN) is a China Hustle Based on Rampant Looting and Conflicts of Interest with the Chinese Chairman

SN short: Controlled by Chinese Chairman exploiting US investors. Key assets transferred to insiders, $600M+ special dividends pre-IPO, aggressive debt increase, insider selling, undisclosed related parties, nepotism, excessive related-party transactions. Trump tariffs risk. Premium valuation (37.9x P/E) unjustified given governance issues.

Read full article (9 min)