$99.16
-2.30[-2.27%]
At close: May 17
$99.56
0.4000[0.40%]
After Hours: 4:01PM EDT
Shake Shack
(NYSE:SHAK)Shake Shack Stock (NYSE:SHAK), Analyst Ratings, Price Targets, Predictions
Shake Shack Inc has a consensus price target of $92.09, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from JP Morgan, BTIG, and UBS on May 13, 2024, May 6, 2024, and May 3, 2024. With an average price target of $114 between JP Morgan, BTIG, and UBS, there's an implied 14.50% upside for Shake Shack Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
JP Morgan
BTIG
UBS
Barclays
Truist Securities
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Shake Shack
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/13/2024 | Buy Now | 2.45% | JP Morgan | John Ivankoe | $100 → $102 | Maintains | Underweight | Get Alert |
| 05/06/2024 | Buy Now | 25.55% | BTIG | Peter Saleh | $120 → $125 | Maintains | Buy | Get Alert |
| 05/03/2024 | Buy Now | 15.51% | UBS | Dennis Geiger | $110 → $115 | Maintains | Neutral | Get Alert |
| 05/03/2024 | Buy Now | 8.48% | Barclays | Jeffrey Bernstein | $92 → $108 | Maintains | Equal-Weight | Get Alert |
| 05/03/2024 | Buy Now | 24.55% | Truist Securities | Jake Bartlett | $115 → $124 | Maintains | Buy | Get Alert |
| 05/03/2024 | Buy Now | 10.49% | Wedbush | Nick Setyan | $100 → $110 | Maintains | Neutral | Get Alert |
| 05/03/2024 | Buy Now | 5.46% | Baird | David Tarantino | $102 → $105 | Maintains | Neutral | Get Alert |
| 05/02/2024 | Buy Now | 25.55% | TD Cowen | Andrew Charles | → $125 | Reiterates | Buy → Buy | Get Alert |
| 04/12/2024 | Buy Now | 5.46% | Morgan Stanley | Brian Harbour | $88 → $105 | Maintains | Equal-Weight | Get Alert |
| 04/12/2024 | Buy Now | 25.55% | TD Cowen | Andrew Charles | → $125 | Reiterates | Buy → Buy | Get Alert |
| 04/11/2024 | Buy Now | 25.55% | TD Cowen | Andrew Charles | → $125 | Reiterates | Buy → Buy | Get Alert |
| 04/10/2024 | Buy Now | 25.55% | TD Cowen | Andrew Charles | → $125 | Reiterates | Buy → Buy | Get Alert |
| 04/02/2024 | Buy Now | 15.51% | Truist Securities | Jake Bartlett | $112 → $115 | Maintains | Buy | Get Alert |
| 03/22/2024 | Buy Now | 20.53% | Oppenheimer | Brian Bittner | $108 → $120 | Maintains | Outperform | Get Alert |
| 03/21/2024 | Buy Now | 25.55% | TD Cowen | Andrew Charles | → $125 | Reiterates | Outperform → Outperform | Get Alert |
| 03/14/2024 | Buy Now | 20.53% | BTIG | Peter Saleh | $110 → $120 | Maintains | Buy | Get Alert |
| 03/07/2024 | Buy Now | 25.55% | TD Cowen | Andrew Charles | $91 → $125 | Upgrade | Market Perform → Outperform | Get Alert |
| 03/04/2024 | Buy Now | 0.44% | JP Morgan | John Ivankoe | $65 → $100 | Maintains | Underweight | Get Alert |
| 02/16/2024 | Buy Now | 10.49% | UBS | Dennis Geiger | $88 → $110 | Maintains | Neutral | Get Alert |
| 02/16/2024 | Buy Now | 15.51% | Raymond James | Brian Vaccaro | $90 → $115 | Maintains | Strong Buy | Get Alert |
| 02/16/2024 | Buy Now | 8.48% | Oppenheimer | Michael Tamas | $80 → $108 | Maintains | Outperform | Get Alert |
| 02/16/2024 | Buy Now | 12.49% | Truist Securities | Jake Bartlett | $90 → $112 | Maintains | Buy | Get Alert |
| 02/16/2024 | Buy Now | 0.44% | Wedbush | Nick Setyan | $80 → $100 | Maintains | Neutral | Get Alert |
| 02/16/2024 | Buy Now | -8.6% | TD Cowen | Andrew Charles | $73 → $91 | Maintains | Market Perform | Get Alert |
| 02/14/2024 | Buy Now | -19.65% | Wedbush | Nick Setyan | → $80 | Reiterates | Neutral → Neutral | Get Alert |
| 02/13/2024 | Buy Now | -17.64% | Baird | David Tarantino | $67 → $82 | Maintains | Neutral | Get Alert |
| 02/12/2024 | Buy Now | -11.61% | UBS | Dennis Geiger | $80 → $88 | Maintains | Neutral | Get Alert |
| 01/18/2024 | Buy Now | -12.62% | Truist Securities | Jake Bartlett | $87 → $87 | Reiterates | Buy → Buy | Get Alert |
| 01/05/2024 | Buy Now | -19.65% | Oppenheimer | Michael Tamas | $70 → $80 | Maintains | Outperform | Get Alert |
| 12/20/2023 | Buy Now | -25.67% | HSBC | Meredith Jensen | → $74 | Initiates | → Hold | Get Alert |
FAQ
What is the target price for Shake Shack (SHAK)?
The latest price target for Shake Shack (NYSE: SHAK) was reported by JP Morgan on May 13, 2024. The analyst firm set a price target for $102.00 expecting SHAK to rise to within 12 months (a possible 2.86% upside). 55 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 JP Morgan, and Shake Shack maintained their underweight rating.
When was the last upgrade for Shake Shack (SHAK)?
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.
When was the last downgrade for Shake Shack (SHAK)?
The last downgrade for Shake Shack Inc happened on August 9, 2023 when Northcoast Research changed their price target from N/A to N/A for Shake Shack Inc.
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 May 13, 2024 so you should expect the next rating to be made available sometime around May 13, 2025.
Is the Analyst Rating Shake Shack (SHAK) correct?
While ratings are subjective and will change, the latest Shake Shack (SHAK) rating was a maintained with a price target of $100.00 to $102.00. The current price Shake Shack (SHAK) is trading at is $99.16, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.