Highest Price Target1
Lowest Price Target1
Consensus Price Target1
Analyst Rating Summary1
| Buy | Overweight | Hold | Underweight | Sell |
|---|---|---|---|---|
| 8 | 2 | 10 | 1 | 0 |
Analyst Firms Making Recommendations1
- Truist Securities
- Stifel
- Barclays
- Deutsche Bank
- Raymond James
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Shake Shack
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 11/27/2023 | SHAK | Buy Now | Shake Shack | $61.66 | 37.85% | Truist Securities | Jake Bartlett | → $85 | Reiterates | Buy → Buy | Get Alert |
| 11/14/2023 | SHAK | Buy Now | Shake Shack | $61.66 | -2.69% | Stifel | Chris O'Cull | $62 → $60 | Maintains | Hold | Get Alert |
| 10/23/2023 | SHAK | Buy Now | Shake Shack | $61.66 | -4.31% | Barclays | Jeffrey Bernstein | $72 → $59 | Maintains | Equal-Weight | Get Alert |
| 10/19/2023 | SHAK | Buy Now | Shake Shack | $61.66 | 0.55% | Deutsche Bank | Lauren Silberman | → $62 | Initiates | → Hold | Get Alert |
| 10/18/2023 | SHAK | Buy Now | Shake Shack | $61.66 | 26.5% | Raymond James | Brian Vaccaro | $87 → $78 | Maintains | Outperform | Get Alert |
| 10/11/2023 | SHAK | Buy Now | Shake Shack | $61.66 | 3.8% | Morgan Stanley | Brian Harbour | $70 → $64 | Maintains | Equal-Weight | Get Alert |
| 10/05/2023 | SHAK | Buy Now | Shake Shack | $61.66 | 7.04% | B of A Securities | Sara Senatore | → $66 | Initiates | → Neutral | Get Alert |
| 09/15/2023 | SHAK | Buy Now | Shake Shack | $61.66 | 37.85% | Northcoast Research | Jim Sanderson | → $85 | Upgrade | Neutral → Buy | Get Alert |
| 08/09/2023 | SHAK | Buy Now | Shake Shack | $61.66 | — | Northcoast Research | Jim Sanderson | — | Downgrade | Buy → Neutral | Get Alert |
| 08/04/2023 | SHAK | Buy Now | Shake Shack | $61.66 | 13.53% | Morgan Stanley | Brian Harbour | $68 → $70 | Maintains | Equal-Weight | Get Alert |
| 08/04/2023 | SHAK | Buy Now | Shake Shack | $61.66 | 54.07% | Truist Securities | Jake Bartlett | $90 → $95 | Maintains | Buy | Get Alert |
| 08/04/2023 | SHAK | Buy Now | Shake Shack | $61.66 | 26.5% | Baird | David Tarantino | $74 → $78 | Maintains | Neutral | Get Alert |
| 08/04/2023 | SHAK | Buy Now | Shake Shack | $61.66 | 18.39% | Wedbush | Nick Setyan | → $73 | Reiterates | Neutral → Neutral | Get Alert |
| 08/04/2023 | SHAK | Buy Now | Shake Shack | $61.66 | 41.1% | Raymond James | Brian Vaccaro | → $87 | Upgrade | Market Perform → Outperform | Get Alert |
| 08/04/2023 | SHAK | Buy Now | Shake Shack | $61.66 | 16.77% | Barclays | Jeffrey Bernstein | $64 → $72 | Maintains | Equal-Weight | Get Alert |
| 08/04/2023 | SHAK | Buy Now | Shake Shack | $61.66 | 26.5% | TD Cowen | Andrew Charles | $75 → $78 | Maintains | Market Perform | Get Alert |
| 07/28/2023 | SHAK | Buy Now | Shake Shack | $61.66 | 18.39% | Wedbush | Nick Setyan | $59 → $73 | Maintains | Neutral | Get Alert |
| 07/18/2023 | SHAK | Buy Now | Shake Shack | $61.66 | 45.96% | Truist Securities | Jake Bartlett | $75 → $90 | Maintains | Buy | Get Alert |
| 07/17/2023 | SHAK | Buy Now | Shake Shack | $61.66 | 10.28% | Morgan Stanley | Brian Harbour | $63 → $68 | Maintains | Equal-Weight | Get Alert |
What is the target price for Shake Shack (SHAK)?
The latest price target for Shake Shack (NYSE: SHAK) was reported by Truist Securities on November 27, 2023. The analyst firm set a price target for $85.00 expecting SHAK to rise to within 12 months (a possible 37.85% upside). 45 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Shake Shack (SHAK)?
The latest analyst rating for Shake Shack (NYSE: SHAK) was provided by Truist Securities, and Shake Shack reiterated their buy rating.
When is the next analyst rating going to be posted or updated for Shake Shack (SHAK)?
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 27, 2023 so you should expect the next rating to be made available sometime around November 27, 2024.
Is the Analyst Rating Shake Shack (SHAK) correct?
While ratings are subjective and will change, the latest Shake Shack (SHAK) rating was a reiterated with a price target of $0.00 to $85.00. The current price Shake Shack (SHAK) is trading at is $61.66, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.