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
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 '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 3 | 3 | 4 | 4 | 4 | 4 |
Buy | 2 | 2 | 1 | 2 | 2 | 4 |
Hold | 8 | 8 | 9 | 9 | 10 | 9 |
Sell | 0 | 0 | 0 | 0 | 0 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 13 | 13 | 14 | 15 | 16 | 18 |
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 | Hold → Buy Upgrades $91 → $125 | Hold → 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 |
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%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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.