Consensus Rating1
Neutral
Highest Price Target1
$144.00
Lowest Price Target1
$58.00
Consensus Price Target1
$105.48

Shake Shack (NYSE:SHAK) Stock, Analyst Ratings, Price Targets, Forecasts

Shake Shack Inc has a consensus price target of $105.48 based on the ratings of 21 analysts. The high is $144 issued by Truist Securities on November 1, 2024. The low is $58 issued by Cowen & Co. on February 17, 2023. The 3 most-recent analyst ratings were released by Truist Securities, Barclays, and Oppenheimer on November 1, 2024, October 31, 2024, and October 28, 2024, respectively. With an average price target of $134.67 between Truist Securities, Barclays, and Oppenheimer, there's an implied 2.52% upside for Shake Shack Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
4
6
Aug
1
1
Sep
1
2
Oct
1
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.0
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Truist Securities
Barclays
Oppenheimer
JP Morgan
TD Cowen

1calculated from analyst ratings

Analyst Ratings for Shake Shack

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FAQ

Q

What is the target price for Shake Shack (SHAK) stock?

A

The latest price target for Shake Shack (NYSE:SHAK) was reported by Truist Securities on November 1, 2024. The analyst firm set a price target for $144.00 expecting SHAK to rise to within 12 months (a possible 9.62% upside). 58 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Shake Shack (SHAK)?

A

The latest analyst rating for Shake Shack (NYSE:SHAK) was provided by Truist Securities, and Shake Shack maintained their buy rating.

Q

When was the last upgrade for Shake Shack (SHAK)?

A

The last upgrade for Shake Shack Inc happened on March 7, 2024 when TD Cowen raised their price target to $125. TD Cowen previously had a market perform for Shake Shack Inc.

Q

When was the last downgrade for Shake Shack (SHAK)?

A

The last downgrade for Shake Shack Inc happened on August 19, 2024 when Piper Sandler changed their price target from $121 to $114 for Shake Shack Inc.

Q

When is the next analyst rating going to be posted or updated for Shake Shack (SHAK)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Shake Shack, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Shake Shack was filed on November 1, 2024 so you should expect the next rating to be made available sometime around November 1, 2025.

Q

Is the Analyst Rating Shake Shack (SHAK) correct?

A

While ratings are subjective and will change, the latest Shake Shack (SHAK) rating was a maintained with a price target of $127.00 to $144.00. The current price Shake Shack (SHAK) is trading at is $131.36, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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