Shake Shack (SHAK) Stock Forecast, Price Target & Predictions
SHAK Stock Forecast
Shake Shack stock forecast is as follows: an average price target of $109.19 (represents a -11.63% downside from SHAK’s last price of $123.56) and a rating consensus of 'Hold', based on 22 wall street analysts offering a 1-year stock forecast.
SHAK Price Target
SHAK Analyst Ratings
Shake Shack Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Oct 31, 2024 | Alton Stump | Loop Capital Markets | $127.00 | $122.47 | 3.70% | 2.78% |
Oct 31, 2024 | David Tarantino | Robert W. Baird | $122.00 | $122.47 | -0.38% | -1.26% |
Oct 31, 2024 | Lauren Silberman | Deutsche Bank | $133.00 | $122.47 | 8.60% | 7.64% |
Oct 30, 2024 | Jake Bartlett | Truist Financial | $144.00 | $122.47 | 17.58% | 16.54% |
Oct 28, 2024 | Michael Tamas | Oppenheimer | $135.00 | $114.54 | 17.86% | 9.26% |
Oct 23, 2024 | Lauren Silberman | Deutsche Bank | $120.00 | $108.72 | 10.38% | -2.88% |
Oct 22, 2024 | Jeffrey Bernstein | Bernstein | $115.00 | $110.19 | 4.37% | -6.93% |
Aug 28, 2024 | Lauren Silberman | Deutsche Bank | $115.00 | $107.42 | 7.06% | -6.93% |
Aug 19, 2024 | Brian Mullan | Piper Sandler | $114.00 | $107.37 | 6.17% | -7.74% |
Aug 02, 2024 | Nick Setyan | Wedbush | $100.00 | $102.41 | -2.35% | -19.07% |
Shake Shack Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 7 | 9 | 25 |
Avg Price Target | $128.00 | $125.00 | $115.48 |
Last Closing Price | $123.56 | $123.56 | $123.56 |
Upside/Downside | 3.59% | 1.17% | -6.54% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Oct 31, 2024 | Loop Capital Markets | Hold | Hold | Hold |
Oct 31, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
Oct 28, 2024 | Oppenheimer | Outperform | Outperform | Hold |
Oct 24, 2024 | Piper Sandler | Neutral | Neutral | Hold |
Oct 23, 2024 | Deutsche Bank | Hold | Hold | Hold |
Oct 22, 2024 | Wedbush | Buy | Buy | Hold |
Oct 22, 2024 | Bernstein | Equal-Weight | Equal-Weight | Hold |
Sep 18, 2024 | Wedbush | Buy | Buy | Hold |
Sep 18, 2024 | Cowen & Co. | Buy | Buy | Hold |
Aug 28, 2024 | Deutsche Bank | Hold | Hold | Hold |
Shake Shack Financial Forecast
Shake Shack Revenue Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $286.24M | $276.21M | $271.81M | $253.28M | $238.53M | $227.81M | $230.75M | $203.39M | $203.26M | $193.90M | $187.46M | $155.28M | $157.51M | $130.40M | $91.79M | $143.17M | $151.44M | $157.76M |
Avg Forecast | $420.12M | $407.34M | $401.32M | $373.13M | $384.00M | $360.36M | $354.63M | $328.19M | $325.42M | $316.03M | $314.37M | $291.00M | $280.24M | $275.81M | $274.39M | $245.84M | $238.50M | $225.89M | $238.30M | $200.76M | $203.30M | $197.48M | $181.01M | $161.90M | $157.50M | $125.25M | $91.80M | $143.00M | $153.01M | $157.56M |
High Forecast | $425.55M | $412.60M | $406.51M | $377.95M | $388.96M | $365.02M | $359.22M | $333.69M | $327.17M | $316.31M | $314.37M | $291.00M | $282.56M | $279.54M | $277.94M | $249.02M | $241.58M | $225.89M | $238.30M | $200.76M | $203.30M | $197.48M | $181.01M | $161.90M | $157.50M | $125.25M | $91.80M | $143.00M | $153.01M | $157.56M |
Low Forecast | $413.92M | $401.32M | $395.40M | $367.62M | $378.33M | $355.04M | $349.40M | $323.95M | $323.15M | $315.75M | $314.37M | $291.00M | $278.76M | $272.61M | $270.34M | $242.21M | $234.98M | $225.89M | $238.30M | $200.76M | $203.30M | $197.48M | $181.01M | $161.90M | $157.50M | $125.25M | $91.80M | $143.00M | $153.01M | $157.56M |
# Analysts | 5 | 5 | 10 | 7 | 4 | 4 | 8 | 11 | 14 | 7 | 8 | 5 | 11 | 19 | 13 | 17 | 17 | 8 | 8 | 11 | 13 | 17 | 9 | 9 | 9 | 12 | 8 | 8 | 7 | 7 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.00% | 0.99% | 1.03% | 1.00% | 1.01% | 0.97% | 1.01% | 1.00% | 0.98% | 1.04% | 0.96% | 1.00% | 1.04% | 1.00% | 1.00% | 0.99% | 1.00% |
Shake Shack EBITDA Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 5 | 5 | 10 | 7 | 4 | 4 | 8 | 11 | 14 | 7 | 8 | 5 | 11 | 19 | 13 | 17 | 17 | 8 | 8 | 11 | 13 | 17 | 9 | 9 | 9 | 12 | 8 | 8 | 7 | 7 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $47.76M | $30.85M | $31.55M | $22.13M | $16.44M | $16.29M | $18.33M | $2.54M | $9.98M | $13.09M | $18.08M | $4.78M | $475.00K | $6.62M | $-9.40M | $11.27M | $12.83M | $17.91M |
Avg Forecast | $37.11M | $35.98M | $35.45M | $32.96M | $33.92M | $31.83M | $31.32M | $28.99M | $28.74M | $27.91M | $27.77M | $3.78M | $24.75M | $24.36M | $24.24M | $3.44M | $14.86M | $19.95M | $21.05M | $3.13M | $17.96M | $17.44M | $15.99M | $10.52M | $13.91M | $11.06M | $8.11M | $12.39M | $13.52M | $13.92M |
High Forecast | $37.59M | $36.44M | $35.91M | $33.38M | $34.36M | $32.24M | $31.73M | $29.47M | $28.90M | $27.94M | $27.77M | $4.54M | $24.96M | $24.69M | $24.55M | $4.13M | $17.83M | $19.95M | $21.05M | $3.75M | $17.96M | $17.44M | $15.99M | $12.63M | $13.91M | $11.06M | $8.11M | $14.87M | $13.52M | $13.92M |
Low Forecast | $36.56M | $35.45M | $34.92M | $32.47M | $33.42M | $31.36M | $30.86M | $28.61M | $28.54M | $27.89M | $27.77M | $3.03M | $24.62M | $24.08M | $23.88M | $2.75M | $11.89M | $19.95M | $21.05M | $2.50M | $17.96M | $17.44M | $15.99M | $8.42M | $13.91M | $11.06M | $8.11M | $9.91M | $13.52M | $13.92M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.93% | 1.27% | 1.30% | 6.44% | 1.11% | 0.82% | 0.87% | 0.81% | 0.56% | 0.75% | 1.13% | 0.45% | 0.03% | 0.60% | -1.16% | 0.91% | 0.95% | 1.29% |
Shake Shack Net Income Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 5 | 5 | 10 | 7 | 4 | 4 | 8 | 11 | 14 | 7 | 8 | 5 | 11 | 19 | 13 | 17 | 17 | 8 | 8 | 11 | 13 | 17 | 9 | 9 | 9 | 12 | 8 | 8 | 7 | 7 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $6.77M | $7.63M | $6.95M | $-1.62M | $-11.07M | $-2.31M | $-1.30M | $-11.28M | $-10.35M | $-2.18M | $1.94M | $1.31M | $-19.43M | $-5.56M | $-16.21M | $-960.00K | $-2.09M | $10.34M |
Avg Forecast | $14.25M | $15.65M | $16.14M | $9.94M | $11.26M | $12.80M | $13.75M | $7.37M | $6.35M | $7.78M | $10.72M | $-13.97M | $262.99K | $3.79M | $4.37M | $-12.70M | $-14.48M | $-2.62M | $-861.00K | $-11.55M | $-7.14M | $-2.41M | $-3.09M | $2.88M | $-4.72M | $-8.90M | $-14.98M | $-1.06M | $-159.49K | $8.90M |
High Forecast | $14.49M | $15.92M | $16.41M | $10.11M | $11.45M | $13.01M | $13.98M | $10.09M | $9.13M | $7.83M | $10.72M | $-11.18M | $267.40K | $5.68M | $4.44M | $-10.16M | $-11.58M | $-2.62M | $-861.00K | $-9.24M | $-7.14M | $-2.41M | $-3.09M | $3.46M | $-4.72M | $-8.90M | $-14.98M | $-844.80K | $-159.49K | $8.90M |
Low Forecast | $13.98M | $15.35M | $15.83M | $9.75M | $11.05M | $12.55M | $13.49M | $5.82M | $4.37M | $7.73M | $10.72M | $-16.77M | $257.94K | $1.52M | $4.28M | $-15.24M | $-17.38M | $-2.62M | $-861.00K | $-13.86M | $-7.14M | $-2.41M | $-3.09M | $2.30M | $-4.72M | $-8.90M | $-14.98M | $-1.27M | $-159.49K | $8.90M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 25.73% | 2.01% | 1.59% | 0.13% | 0.76% | 0.88% | 1.51% | 0.98% | 1.45% | 0.90% | -0.63% | 0.45% | 4.12% | 0.62% | 1.08% | 0.91% | 13.12% | 1.16% |
Shake Shack SG&A Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 5 | 5 | 10 | 7 | 4 | 4 | 8 | 11 | 14 | 7 | 8 | 5 | 11 | 19 | 13 | 17 | 17 | 8 | 8 | 11 | 13 | 17 | 9 | 9 | 9 | 12 | 8 | 8 | 7 | 7 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $17.33M | $30.94M | $51.28M | $49.89M | $49.99M | $43.98M | $45.73M | $47.60M | $41.36M | $35.14M | $35.24M | $33.48M | $32.70M | $28.05M | $26.34M | $28.75M | $32.37M | $29.63M |
Avg Forecast | $73.34M | $71.11M | $70.06M | $65.14M | $67.04M | $62.91M | $61.91M | $57.29M | $56.81M | $55.17M | $54.88M | $43.06M | $48.92M | $48.15M | $47.90M | $39.15M | $61.56M | $39.43M | $41.60M | $35.59M | $35.49M | $34.47M | $31.60M | $73.65M | $27.50M | $21.87M | $16.03M | $49.43M | $26.71M | $27.51M |
High Forecast | $74.29M | $72.03M | $70.97M | $65.98M | $67.90M | $63.72M | $62.71M | $58.25M | $57.12M | $55.22M | $54.88M | $51.68M | $49.33M | $48.80M | $48.52M | $46.98M | $73.87M | $39.43M | $41.60M | $42.71M | $35.49M | $34.47M | $31.60M | $88.38M | $27.50M | $21.87M | $16.03M | $59.31M | $26.71M | $27.51M |
Low Forecast | $72.26M | $70.06M | $69.03M | $64.18M | $66.05M | $61.98M | $61.00M | $56.55M | $56.41M | $55.12M | $54.88M | $34.45M | $48.66M | $47.59M | $47.20M | $31.32M | $49.25M | $39.43M | $41.60M | $28.47M | $35.49M | $34.47M | $31.60M | $58.92M | $27.50M | $21.87M | $16.03M | $39.54M | $26.71M | $27.51M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.35% | 0.64% | 1.07% | 1.27% | 0.81% | 1.12% | 1.10% | 1.34% | 1.17% | 1.02% | 1.12% | 0.45% | 1.19% | 1.28% | 1.64% | 0.58% | 1.21% | 1.08% |
Shake Shack EPS Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 5 | 5 | 10 | 7 | 4 | 4 | 8 | 11 | 14 | 7 | 8 | 5 | 11 | 19 | 13 | 17 | 17 | 8 | 8 | 11 | 13 | 17 | 9 | 9 | 9 | 12 | 8 | 8 | 7 | 7 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.15 | $0.19 | $0.18 | $-0.04 | $-0.28 | $-0.06 | $-0.03 | $-0.29 | $-0.26 | $-0.06 | $0.05 | $0.03 | $-0.52 | $-0.15 | $-0.43 | $-0.03 | $-0.06 | $0.32 |
Avg Forecast | $0.36 | $0.39 | $0.40 | $0.25 | $0.28 | $0.32 | $0.34 | $0.18 | $0.16 | $0.19 | $0.27 | $0.10 | $0.01 | $0.09 | $0.11 | $-0.09 | $-0.11 | $-0.06 | $-0.02 | $-0.23 | $-0.17 | $-0.06 | $-0.07 | $-0.09 | $-0.11 | $-0.21 | $-0.36 | $-0.01 | $-0.00 | $0.21 |
High Forecast | $0.36 | $0.40 | $0.41 | $0.25 | $0.29 | $0.33 | $0.35 | $0.25 | $0.23 | $0.20 | $0.27 | $0.10 | $0.01 | $0.14 | $0.11 | $-0.09 | $-0.11 | $-0.06 | $-0.02 | $-0.23 | $-0.17 | $-0.06 | $-0.07 | $-0.09 | $-0.11 | $-0.21 | $-0.36 | $-0.01 | $-0.00 | $0.21 |
Low Forecast | $0.35 | $0.38 | $0.40 | $0.24 | $0.28 | $0.31 | $0.34 | $0.15 | $0.11 | $0.19 | $0.27 | $0.10 | $0.01 | $0.04 | $0.11 | $-0.09 | $-0.11 | $-0.06 | $-0.02 | $-0.23 | $-0.17 | $-0.06 | $-0.07 | $-0.09 | $-0.11 | $-0.21 | $-0.36 | $-0.01 | $-0.00 | $0.21 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 22.82% | 2.01% | 1.65% | 0.47% | 2.60% | 0.93% | 1.60% | 1.29% | 1.51% | 1.03% | -0.67% | -0.35% | 4.57% | 0.70% | 1.19% | 5.04% | 15.60% | 1.49% |
Shake Shack Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
JACK | Jack in the Box | $50.10 | $76.08 | 51.86% | Buy |
PZZA | Papa John's | $56.14 | $81.70 | 45.53% | Buy |
WING | Wingstop | $297.18 | $346.44 | 16.58% | Buy |
WEN | Wendy's Company | $19.72 | $22.96 | 16.43% | Buy |
SBUX | Starbucks | $97.03 | $110.59 | 13.98% | Buy |
DRI | Darden Restaurants | $158.77 | $178.34 | 12.33% | Buy |
QSR | Restaurant Brands | $70.04 | $78.32 | 11.82% | Buy |
DPZ | Domino's Pizza | $429.98 | $479.53 | 11.52% | Buy |
YUM | Yum! Brands | $132.76 | $144.68 | 8.98% | Buy |
MCD | McDonald's | $292.85 | $310.82 | 6.14% | Buy |
CMG | Chipotle Mexican Grill | $56.38 | $55.49 | -1.58% | Buy |
SHAK | Shake Shack | $123.56 | $109.19 | -11.63% | Hold |
EAT | Brinker | $107.94 | $69.10 | -35.98% | Hold |
SHAK Forecast FAQ
Is Shake Shack a good buy?
No, according to 22 Wall Street analysts, Shake Shack (SHAK) is considered a 'Hold'. The rating consensus is based on 1 'Strong Buy' and 9 'Buy' recommendations, accounting for 45.45% of SHAK's total ratings.
What is SHAK's price target?
Shake Shack (SHAK) average price target is $109.19 with a range of $42 to $144, implying a -11.63% from its last price of $123.56. The data is based on 22 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Shake Shack stock go up soon?
According to Wall Street analysts' prediction for SHAK stock, the company can go down by -11.63% (from the last price of $123.56 to the average price target of $109.19), up by 16.54% based on the highest stock price target, and down by -66.01% based on the lowest stock price target.
Can Shake Shack stock reach $200?
SHAK's average twelve months analyst stock price target of $109.19 does not support the claim that Shake Shack can reach $200 in the near future.
What is Shake Shack's current price target trend?
7 Wall Street analysts forecast a $128 price target for Shake Shack (SHAK) this month, up 3.59% from its last price of $123.56. Compared to the last 3 and 12 months, the average price target increased by 1.17% and decreased by -6.54%, respectively.
What are Shake Shack's analysts' financial forecasts?
Shake Shack's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.43B (high $1.45B, low $1.41B), average EBITDA is $126.06M (high $127.8M, low $124.25M), average net income is $45.18M (high $48.53M, low $42.91M), average SG&A $249.15M (high $252.59M, low $245.58M), and average EPS is $1.13 (high $1.21, low $1.07). SHAK's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.6B (high $1.62B, low $1.58B), average EBITDA is $141.49M (high $143.32M, low $139.4M), average net income is $55.99M (high $56.93M, low $54.91M), average SG&A $279.66M (high $283.27M, low $275.53M), and average EPS is $1.4 (high $1.42, low $1.37).
Did the SHAK's actual financial results beat the analysts' financial forecasts?
Based on Shake Shack's last annual report (Dec 2023), the company's revenue was $1.09B, beating the average analysts forecast of $1.08B by 1.04%. Apple's EBITDA was $188.98M, beating the average prediction of $76.79M by 146.10%. The company's net income was $19.81M, missing the average estimation of $-4.286M by -562.14%. Apple's SG&A was $59.96M, missing the average forecast of $184.13M by -67.43%. Lastly, the company's EPS was $0.45, beating the average prediction of $0.123 by 264.49%. In terms of the last quarterly report (Dec 2023), Shake Shack's revenue was $286.24M, beating the average analysts' forecast of $280.24M by 2.14%. The company's EBITDA was $47.76M, beating the average prediction of $24.75M by 92.96%. Shake Shack's net income was $6.77M, beating the average estimation of $262.98K by 2472.77%. The company's SG&A was $17.33M, missing the average forecast of $48.92M by -64.57%. Lastly, the company's EPS was $0.15, beating the average prediction of $0.00657 by 2182.06%