$101.05
1.51[1.52%]
At close: Apr 25
$101.05
0[0.00%]
After Hours: 6:24PM EDT
Shake Shack
(NYSE:SHAK)Shake Shack Stock (NYSE:SHAK), Analyst Ratings, Price Targets, Predictions
Shake Shack Inc has a consensus price target of $87.52, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Morgan Stanley, TD Cowen, and TD Cowen on April 12, 2024, April 12, 2024, and April 11, 2024. With an average price target of $118.33 between Morgan Stanley, TD Cowen, and TD Cowen, there's an implied 17.10% upside for Shake Shack Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Morgan Stanley
TD Cowen
Truist Securities
Oppenheimer
BTIG
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/12/2024 | SHAK | Buy Now | Shake Shack | $101.05 | 3.91% | Morgan Stanley | Brian Harbour | $88 → $105 | Maintains | Equal-Weight | Get Alert |
| 04/12/2024 | SHAK | Buy Now | Shake Shack | $101.05 | 23.7% | TD Cowen | Andrew Charles | → $125 | Reiterates | Buy → Buy | Get Alert |
| 04/11/2024 | SHAK | Buy Now | Shake Shack | $101.05 | 23.7% | TD Cowen | Andrew Charles | → $125 | Reiterates | Buy → Buy | Get Alert |
| 04/10/2024 | SHAK | Buy Now | Shake Shack | $101.05 | 23.7% | TD Cowen | Andrew Charles | → $125 | Reiterates | Buy → Buy | Get Alert |
| 04/02/2024 | SHAK | Buy Now | Shake Shack | $101.05 | 13.81% | Truist Securities | Jake Bartlett | $112 → $115 | Maintains | Buy | Get Alert |
| 03/22/2024 | SHAK | Buy Now | Shake Shack | $101.05 | 18.75% | Oppenheimer | Brian Bittner | $108 → $120 | Maintains | Outperform | Get Alert |
| 03/21/2024 | SHAK | Buy Now | Shake Shack | $101.05 | 23.7% | TD Cowen | Andrew Charles | → $125 | Reiterates | Outperform → Outperform | Get Alert |
| 03/14/2024 | SHAK | Buy Now | Shake Shack | $101.05 | 18.75% | BTIG | Peter Saleh | $110 → $120 | Maintains | Buy | Get Alert |
| 03/07/2024 | SHAK | Buy Now | Shake Shack | $101.05 | 23.7% | TD Cowen | Andrew Charles | $91 → $125 | Upgrade | Market Perform → Outperform | Get Alert |
| 03/04/2024 | SHAK | Buy Now | Shake Shack | $101.05 | -1.04% | JP Morgan | John Ivankoe | $65 → $100 | Maintains | Underweight | Get Alert |
| 02/16/2024 | SHAK | Buy Now | Shake Shack | $101.05 | 8.86% | UBS | Dennis Geiger | $88 → $110 | Maintains | Neutral | Get Alert |
| 02/16/2024 | SHAK | Buy Now | Shake Shack | $101.05 | 13.81% | Raymond James | Brian Vaccaro | $90 → $115 | Maintains | Strong Buy | Get Alert |
| 02/16/2024 | SHAK | Buy Now | Shake Shack | $101.05 | 6.88% | Oppenheimer | Michael Tamas | $80 → $108 | Maintains | Outperform | Get Alert |
| 02/16/2024 | SHAK | Buy Now | Shake Shack | $101.05 | 10.84% | Truist Securities | Jake Bartlett | $90 → $112 | Maintains | Buy | Get Alert |
| 02/16/2024 | SHAK | Buy Now | Shake Shack | $101.05 | -1.04% | Wedbush | Nick Setyan | $80 → $100 | Maintains | Neutral | Get Alert |
| 02/16/2024 | SHAK | Buy Now | Shake Shack | $101.05 | -9.95% | TD Cowen | Andrew Charles | $73 → $91 | Maintains | Market Perform | Get Alert |
| 02/14/2024 | SHAK | Buy Now | Shake Shack | $101.05 | -20.83% | Wedbush | Nick Setyan | → $80 | Reiterates | Neutral → Neutral | Get Alert |
| 02/13/2024 | SHAK | Buy Now | Shake Shack | $101.05 | -18.85% | Baird | David Tarantino | $67 → $82 | Maintains | Neutral | Get Alert |
| 02/12/2024 | SHAK | Buy Now | Shake Shack | $101.05 | -12.91% | UBS | Dennis Geiger | $80 → $88 | Maintains | Neutral | Get Alert |
FAQ
What is the target price for Shake Shack (SHAK)?
The latest price target for Shake Shack (NYSE: SHAK) was reported by Morgan Stanley on April 12, 2024. The analyst firm set a price target for $105.00 expecting SHAK to rise to within 12 months (a possible 3.91% upside). 57 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 Morgan Stanley, and Shake Shack maintained their equal-weight 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 April 12, 2024 so you should expect the next rating to be made available sometime around April 12, 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 $88.00 to $105.00. The current price Shake Shack (SHAK) is trading at is $101.05, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.