Shake Shack Inc. (SHAK)
NYSE: SHAK · Real-Time Price · USD
106.13
+0.38 (0.36%)
Sep 26, 2024, 4:00 PM EDT - Market closed
Shake Shack Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for Shake Shack stock have an average target of 108.67, with a low estimate of 60 and a high estimate of 127. The average target predicts an increase of 2.39% from the current stock price of 106.13.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Shake Shack stock from 18 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 6 | 6 | 6 | 5 |
| Buy | 3 | 3 | 2 | 2 | 2 | 2 |
| Hold | 9 | 9 | 9 | 9 | 10 | 10 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 18 | 18 | 18 | 19 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Sell Initiates $105 → $102 | Sell | Initiates | $105 → $102 | -3.89% | Sep 24, 2024 |
| TD Cowen | TD Cowen | Strong Buy Reiterates $125 | Strong Buy | Reiterates | $125 | +17.78% | Sep 18, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $127 | Strong Buy | Maintains | $127 | +19.66% | Aug 28, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $115 | Hold | Maintains | $115 | +8.36% | Aug 28, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $104 → $116 | Hold | Maintains | $104 → $116 | +9.30% | Aug 19, 2024 |
Financial Forecast
Revenue This Year
1.27B
from 1.09B
Increased by 17.15%
Revenue Next Year
1.48B
from 1.27B
Increased by 15.86%
EPS This Year
0.75
from 0.48
Increased by 56.78%
EPS Next Year
1.05
from 0.75
Increased by 40.21%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.3B | 1.8B | 1.8B | ||
| Avg | 1.3B | 1.5B | 1.7B | ||
| Low | 1.2B | 1.3B | 1.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 21.4% | 38.4% | 19.2% | ||
| Avg | 17.1% | 15.9% | 12.3% | ||
| Low | 11.6% | 5.7% | 2.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.83 | 1.27 | 1.82 | ||
| Avg | 0.75 | 1.05 | 1.36 | ||
| Low | 0.63 | 0.79 | 1.11 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 73.5% | 69.5% | 72.8% | ||
| Avg | 56.8% | 40.2% | 29.4% | ||
| Low | 31.2% | 5.5% | 5.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.