Shake Shack Inc. (SHAK)
NYSE: SHAK · Real-Time Price · USD
121.98
+2.71 (2.27%)
Nov 21, 2024, 1:53 PM EST - Market open
Shake Shack Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Shake Shack stock have an average target of 114.29, with a low estimate of 74 and a high estimate of 144. The average target predicts a decrease of -6.30% from the current stock price of 121.98.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Shake Shack stock from 17 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 5 | 5 | 5 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 9 | 9 | 10 | 10 | 10 | 9 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 18 | 19 | 18 | 18 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $127 → $144 | Strong Buy | Maintains | $127 → $144 | +18.05% | Nov 1, 2024 |
| Barclays | Barclays | Hold Maintains $115 → $125 | Hold | Maintains | $115 → $125 | +2.48% | Oct 31, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $122 → $135 | Buy | Maintains | $122 → $135 | +10.67% | Oct 28, 2024 |
| Barclays | Barclays | Hold Maintains $110 → $115 | Hold | Maintains | $110 → $115 | -5.72% | Oct 22, 2024 |
| JP Morgan | JP Morgan | Sell Initiates $105 → $102 | Sell | Initiates | $105 → $102 | -16.38% | Sep 24, 2024 |
Financial Forecast
Revenue This Year
1.27B
from 1.09B
Increased by 17.15%
Revenue Next Year
1.46B
from 1.27B
Increased by 14.44%
EPS This Year
0.81
from 0.48
Increased by 69.45%
EPS Next Year
1.14
from 0.81
Increased by 40.87%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.3B | 1.5B | 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% | 20.3% | 21.6% | ||
| Avg | 17.1% | 14.4% | 14.3% | ||
| Low | 11.7% | 5.3% | 4.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.92 | 1.40 | 2.17 | ||
| Avg | 0.81 | 1.14 | 1.51 | ||
| Low | 0.67 | 0.81 | 1.16 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 93.2% | 72.4% | 90.4% | ||
| Avg | 69.5% | 40.9% | 32.4% | ||
| Low | 39.4% | 0.2% | 1.4% |
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.