With 1 Trillion Won in Share Buybacks, Shark Ninja's Market Cap Soars by 2 Trillion Won in a Day

SharkNinja Inc. (SN), the maker of robot vacuums and air fryers, jumped 8.4% on the New York Stock Exchange to close at $112.90. Its market capitalization rose by about $1.46 billion in a single day, bringing the total to roughly $15.9 billion. Trading volume topped 1.15 million shares, well above its average daily level.

On February 11, SharkNinja reported strong fourth-quarter 2025 results, with mid-teens revenue growth and a nearly 60% increase in net income. The company also announced the approval of its first share repurchase program, authorizing up to $750 million, boosting expectations for enhanced shareholder returns. For fiscal 2026, SharkNinja projected revenue growth of 10–11% and improved profit margins, emphasizing that buybacks will be funded with existing cash and operating cash flow, without taking on additional debt.

Headquartered in Needham, Massachusetts, SharkNinja specializes in small household appliances under its Shark vacuum and Ninja kitchen brands. Founded in 1994 by Mark Rosenzweig, the company has grown rapidly, reaching about $6.4 billion in revenue in 2025. Today led by CEO Mark Barocas, SharkNinja went public on the NYSE in 2023 and is now considered a premium growth stock in the home-appliances sector.