Exponential Learning
SharkNinja: The Product-Velocity Machine at a Full Price
18:32
Alpha Brands Research initiates on SharkNinja (SN) with a Hold and a $206 base target: a superb consumer business whose stock has already paid for it. LTM sales of $6.91B (+17.5%), a 13th straight double-digit quarter in Q2 (+22.2%), and growth led by beauty (+65%) and cooking (+36%) while cleaning matures (+4%). The engines: ~25 launches a year across 40 subcategories, international at 35% of…