Shake Shack Inc. (SHAK)
NYSE: SHAK · IEX Real-Time Price · USD
106.91
+2.63 (2.52%)
Mar 28, 2024, 10:20 AM EDT - Market open

Shake Shack Stock Forecast

Stock Price Forecast

The 18 analysts with 12-month price forecasts for Shake Shack stock have an average target of 91.44, with a low estimate of 59 and a high estimate of 125. The average target predicts a decrease of -14.47% from the current stock price of 106.91.

Analyst Consensus: Buy
Target Low Average Median High
Price $59 $91.44 $100 $125
Change -44.81% -14.47% -6.46% +16.92%

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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 334444
Buy 221224
Hold 8899109
Sell 000001
Strong Sell 000000
Total 131314151618

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Oppenheimer
Oppenheimer
Buy
Maintains
$108$120
Buy Maintains $108$120 +12.24% Mar 22, 2024
TD Cowen
TD Cowen
Buy
Reiterates
$125
Buy Reiterates $125 +16.92% Mar 21, 2024
BTIG
BTIG
Strong Buy
Maintains
$110$120
Strong Buy Maintains $110$120 +12.24% Mar 14, 2024
TD Cowen
TD Cowen
Buy
Upgrades
$91$125
Buy Upgrades $91$125 +16.92% Mar 7, 2024
JP Morgan
JP Morgan
Sell
Maintains
$65$100
Sell Maintains $65$100 -6.46% Mar 4, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
1.27B
from 1.09B
Increased by 16.78%
Revenue Next Year
1.46B
from 1.27B
Increased by 15.28%
EPS This Year
0.69
from 0.48
Increased by 43.25%
EPS Next Year
0.95
from 0.69
Increased by 38.37%
Year 2019202020212022202320242025202620272028
Revenue
594.52M522.87M739.89M900.49M1.09B1.27B1.46B1.65B1.82B2.05B
Revenue Growth
29.44%-12.05%41.51%21.70%20.77%16.78%15.28%12.91%10.22%12.29%
EPS
0.61-1.14-0.12-0.540.480.690.951.121.221.58
EPS Growth
17.31%----43.25%38.37%17.30%9.68%29.17%
No. Analysts -----2322933
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 1.3B 1.5B 1.8B 1.9B 2.1B
Avg 1.3B 1.5B 1.7B 1.8B 2.0B
Low 1.2B 1.3B 1.5B 1.7B 1.9B

Revenue Growth

Revenue Growth 20242025202620272028
High
21.4%
21.7%
19.5%
13.6%
17.6%
Avg
16.8%
15.3%
12.9%
10.2%
12.3%
Low
10.8%
5.4%
5.8%
5.8%
6.0%

EPS Forecast

EPS 20242025202620272028
High 0.79 1.18 1.34 1.26 1.63
Avg 0.69 0.95 1.12 1.22 1.58
Low 0.47 0.62 0.89 1.18 1.52

EPS Growth

EPS Growth 20242025202620272028
High
64.1%
71.0%
41.3%
12.9%
33.0%
Avg
43.2%
38.4%
17.3%
9.7%
29.2%
Low
-3.0%
-10.2%
-6.3%
5.4%
24.1%
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.