NYSE:SHAK - Shake Shack Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

Consensus Rating: Hold
Consensus Price Target: $97.94
Forecasted Upside: 3.42 %
Number of Analysts: 14
Breakdown:
2 Sell Ratings
7 Hold Ratings
5 Buy Ratings
0 Strong Buy Ratings

^$94.70 As of 06/21/2021 01:00 AM ET

▲ +0.31 (0.33%)

1 month | 3 months | 12 months

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Analyst Price Target for SHAK

^$97.94

▲ +3.42% Upside Potential

This price target is based on 14 analysts offering 12 month price targets for Shake Shack in the last 3 months. The average price target is $97.94, with a high forecast of $150.00 and a low forecast of $50.00. The average price target represents a 3.42% upside from the last price of $94.70.

Current Consensus is Hold

The current consensus among 14 investment analysts is to hold stock in Shake Shack. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations Description Skip Past Price Target Consensus Chart

0 strong buy ratings
3 buy ratings
10 hold ratings
0 sell ratings

Ratings as of

12/29/2019

0 strong buy ratings
5 buy ratings
11 hold ratings
2 sell ratings

Ratings as of

3/28/2020

0 strong buy ratings
5 buy ratings
11 hold ratings
3 sell ratings

Ratings as of

6/26/2020

0 strong buy ratings
5 buy ratings
12 hold ratings
3 sell ratings

Ratings as of

9/24/2020

0 strong buy ratings
6 buy ratings
11 hold ratings
3 sell ratings

Ratings as of

12/23/2020

0 strong buy ratings
6 buy ratings
10 hold ratings
1 sell ratings

Ratings as of

3/23/2021

0 strong buy ratings
6 buy ratings
7 hold ratings
2 sell ratings

Ratings as of

5/22/2021

0 strong buy ratings
5 buy ratings
7 hold ratings
2 sell ratings

Ratings as of

6/21/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
5/25/2021	The Goldman Sachs Group	Upgrade	Neutral ➝ Buy	$107.00 ➝ $109.00	High
5/25/2021	Wedbush	Upgrade	Neutral ➝ Outperform	$114.00 ➝ $118.00	High
5/10/2021	Deutsche Bank Aktiengesellschaft	Lower Price Target	Hold	$107.00 ➝ $95.00	Low
5/7/2021	Cowen	Lower Price Target	Market Perform	$97.00 ➝ $93.00	High
5/7/2021	Morgan Stanley	Lower Price Target	Equal Weight	$104.00 ➝ $101.00	High
5/7/2021	Wedbush	Lower Price Target	Neutral	$122.00 ➝ $114.00	High
4/12/2021	Morgan Stanley	Boost Price Target	Equal Weight	$95.00 ➝ $104.00	Medium
4/12/2021	JPMorgan Chase & Co.	Lower Price Target	Underweight	$90.00 ➝ $80.00	Medium
3/30/2021	Raymond James	Reiterated Rating	Sell		Low
3/18/2021	Truist Securities	Boost Price Target		$99.00 ➝ $105.00	High
3/18/2021	Truist	Boost Price Target		$99.00 ➝ $105.00	Medium
3/4/2021	Piper Sandler	Boost Price Target	Overweight	$122.00 ➝ $135.00	N/A
3/4/2021	Deutsche Bank Aktiengesellschaft	Boost Price Target	Hold	$70.00 ➝ $107.00	High
2/26/2021	Barclays	Boost Price Target		$86.00 ➝ $100.00	Medium
2/26/2021	Loop Capital	Boost Price Target	Positive ➝ Buy	$120.00 ➝ $150.00	Low
2/26/2021	Morgan Stanley	Boost Price Target	Equal Weight	$87.00 ➝ $95.00	Low
2/26/2021	Piper Sandler	Boost Price Target	Overweight	$122.00 ➝ $135.00	Low
2/9/2021	Wedbush	Boost Price Target	Neutral	$77.00 ➝ $122.00	Low
1/25/2021	JPMorgan Chase & Co.	Boost Price Target	Underweight	$62.00 ➝ $70.00	High
1/25/2021	Cowen	Boost Price Target	Outperform	$83.00 ➝ $97.00	Medium
1/19/2021	Morgan Stanley	Boost Price Target	Equal Weight	$69.00 ➝ $87.00	Low
1/19/2021	The Goldman Sachs Group	Initiated Coverage	Neutral	$107.00	N/A
1/14/2021	Truist Financial	Boost Price Target		$64.00 ➝ $95.00	Medium
1/13/2021	MKM Partners	Boost Price Target		$65.00 ➝ $85.00	High
1/13/2021	Loop Capital	Boost Price Target	Buy	$83.00 ➝ $120.00	High
1/13/2021	Piper Sandler	Boost Price Target	Positive ➝ Overweight	$78.00 ➝ $110.00	High
1/13/2021	Oppenheimer	Reiterated Rating	Buy	$110.00 ➝ $115.00	High
12/14/2020	Cowen	Boost Price Target	Market Perform	$62.00 ➝ $83.00	Low
11/20/2020	Wedbush	Downgrade	Outperform ➝ Neutral	$77.00	Medium
11/2/2020	Loop Capital	Boost Price Target	Buy	$78.00 ➝ $83.00	Low
11/2/2020	Deutsche Bank Aktiengesellschaft	Boost Price Target	Positive ➝ Buy	$55.00 ➝ $70.00	High
10/30/2020	Stifel Nicolaus	Boost Price Target	Hold	$45.00 ➝ $65.00	Medium
10/30/2020	MKM Partners	Boost Price Target		$54.00 ➝ $65.00	Low
10/30/2020	Cowen	Boost Price Target	Market Perform	$55.00 ➝ $62.00	Medium
10/30/2020	Credit Suisse Group	Boost Price Target	Neutral	$52.00 ➝ $64.00	High
10/22/2020	Oppenheimer	Initiated Coverage	Outperform	$90.00	High
10/20/2020	JPMorgan Chase & Co.	Boost Price Target	Underweight	$51.00 ➝ $55.00	Medium
10/14/2020	Morgan Stanley	Boost Price Target	Equal Weight	$46.00 ➝ $69.00	High
10/1/2020	Loop Capital	Initiated Coverage	Buy	$78.00	Medium
9/22/2020	Truist	Boost Price Target		$51.00 ➝ $58.00	Low
9/14/2020	Piper Sandler	Boost Price Target	Overweight	$60.00 ➝ $78.00	High
8/20/2020	Wedbush	Upgrade	Neutral ➝ Outperform	$53.00 ➝ $77.00	Low
7/31/2020	Credit Suisse Group	Boost Price Target	Neutral	$48.00 ➝ $52.00	High
7/31/2020	Wedbush	Boost Price Target	Neutral ➝ Neutral	$50.00 ➝ $53.00	High
7/31/2020	Jefferies Financial Group	Boost Price Target	Hold	$45.00 ➝ $50.00	High
7/10/2020	MKM Partners	Lower Price Target	Neutral	$59.00 ➝ $54.00	Low
6/24/2020	JPMorgan Chase & Co.	Boost Price Target	Underweight	$47.00 ➝ $51.00	High
6/2/2020	William Blair	Reiterated Rating	Buy		High
5/6/2020	Deutsche Bank Aktiengesellschaft	Boost Price Target	Hold	$51.00 ➝ $57.00	Medium
5/5/2020	CSFB	Boost Price Target	Neutral	$40.00 ➝ $48.00	High
5/5/2020	MKM Partners	Boost Price Target		$50.00 ➝ $59.00	High
5/5/2020	Barclays	Lower Price Target		$60.00 ➝ $49.00	High
5/5/2020	Morgan Stanley	Boost Price Target	Equal Weight	$42.00 ➝ $46.00	High
5/5/2020	SunTrust Banks	Boost Price Target	Hold	$50.00 ➝ $55.00	High
5/5/2020	Credit Suisse Group	Boost Price Target	Neutral	$40.00 ➝ $48.00	High
5/5/2020	Wedbush	Reiterated Rating	Hold	$50.00	High
4/21/2020	Morgan Stanley	Boost Price Target	Equal Weight	$39.00 ➝ $42.00	Medium
4/21/2020	SunTrust Banks	Boost Price Target	Hold	$43.00 ➝ $50.00	Medium
4/20/2020	BTIG Research	Initiated Coverage	Neutral		Low
4/14/2020	MKM Partners	Lower Price Target	Neutral	$70.00 ➝ $50.00	Medium
4/8/2020	Morgan Stanley	Lower Price Target	Equal Weight	$41.00 ➝ $39.00	High
4/6/2020	JPMorgan Chase & Co.	Lower Price Target	Underweight	$59.00 ➝ $40.00	High
4/3/2020	Credit Suisse Group	Downgrade	Outperform ➝ Neutral	$76.00 ➝ $40.00	Medium
4/1/2020	SunTrust Banks	Lower Price Target	Hold	$71.00 ➝ $43.00	High
3/25/2020	The Goldman Sachs Group	Reiterated Rating	Hold		Medium
3/25/2020	Morgan Stanley	Lower Price Target	Equal Weight	$62.00 ➝ $41.00	Medium
3/20/2020	The Goldman Sachs Group	Downgrade	Buy ➝ Neutral	$100.00 ➝ $40.00	High
3/16/2020	Deutsche Bank Aktiengesellschaft	Lower Price Target	Hold	$71.00 ➝ $51.00	High
3/11/2020	Stifel Nicolaus	Lower Price Target	Hold	$60.00 ➝ $45.00	High
3/11/2020	Wedbush	Lower Price Target	Neutral	$75.00 ➝ $50.00	High
3/4/2020	William Blair	Reiterated Rating	Buy		High
2/25/2020	Cfra	Downgrade	Hold ➝ Sell	$80.00 ➝ $60.00	High
2/25/2020	CSFB	Lower Price Target	Outperform ➝ Positive	$83.00 ➝ $76.00	High
2/25/2020	Barclays	Lower Price Target	Equal Weight	$64.00 ➝ $60.00	High
2/25/2020	Piper Sandler	Reiterated Rating	Overweight	$97.00 ➝ $89.00	High
2/25/2020	Morgan Stanley	Lower Price Target	Equal Weight	$63.00 ➝ $62.00	High
2/25/2020	MKM Partners	Boost Price Target	Neutral	$65.00 ➝ $70.00	Medium
2/25/2020	Deutsche Bank Aktiengesellschaft	Lower Price Target	Hold	$76.00 ➝ $71.00	Low
2/25/2020	Credit Suisse Group	Lower Price Target	Outperform ➝ Positive	$83.00 ➝ $76.00	Low
2/21/2020	SunTrust Banks	Downgrade	Buy ➝ Hold	$82.00 ➝ $79.00	Medium
1/21/2020	SunTrust Banks	Lower Price Target	Buy	$85.00 ➝ $82.00	Low
1/15/2020	The Goldman Sachs Group	Reiterated Rating	Buy	$115.00	High
1/8/2020	Raymond James	Initiated Coverage	Underperform		Medium
1/7/2020	MKM Partners	Lower Price Target	Neutral	$75.00 ➝ $65.00	High
12/19/2019	Morgan Stanley	Lower Price Target	Equal Weight	$76.00 ➝ $63.00	High
12/17/2019	Northcoast Research	Initiated Coverage	Neutral		Low
11/27/2019	Robert W. Baird	Initiated Coverage	Neutral	$66.00	Low
11/18/2019	Robert W. Baird	Initiated Coverage	Hold	$66.00	High
11/5/2019	Stifel Nicolaus	Lower Price Target		$80.00 ➝ $60.00	High
11/5/2019	SunTrust Banks	Lower Price Target	Buy	$85.00	High
11/5/2019	Wedbush	Reiterated Rating	Neutral	$84.00 ➝ $75.00	High
11/5/2019	Piper Jaffray Companies	Lower Price Target	Market Perform ➝ Overweight	$109.00 ➝ $97.00	High
10/25/2019	Wedbush	Set Price Target	Hold	$84.00	N/A
10/18/2019	Morgan Stanley	Boost Price Target	Equal Weight	$65.00 ➝ $84.00	Low
9/30/2019	Deutsche Bank Aktiengesellschaft	Initiated Coverage	Hold	$90.00	High
9/17/2019	Stifel Nicolaus	Boost Price Target	Hold	$65.00 ➝ $80.00	Low
9/5/2019	Piper Jaffray Companies	Reiterated Rating	Overweight ➝ Overweight	$105.00 ➝ $109.00	Medium
8/15/2019	SunTrust Banks	Boost Price Target	Buy	$102.00	High
8/13/2019	MKM Partners	Initiated Coverage	Neutral ➝ Neutral	$75.00	Low
8/6/2019	Morgan Stanley	Boost Price Target	Equal Weight	$61.00 ➝ $65.00	High
8/6/2019	Credit Suisse Group	Boost Price Target	Outperform	$77.00 ➝ $83.00	High
8/6/2019	Barclays	Boost Price Target	Equal Weight	$58.00 ➝ $70.00	High
8/6/2019	SunTrust Banks	Boost Price Target	Buy	$86.00	High
8/6/2019	Wedbush	Reiterated Rating	Hold	$75.00	High
8/2/2019	Wedbush	Boost Price Target	Neutral	$65.00 ➝ $70.00	Low
7/29/2019	The Goldman Sachs Group	Initiated Coverage	Buy ➝ Buy	$95.00	Medium
7/15/2019	Piper Jaffray Companies	Boost Price Target	Overweight	$84.00 ➝ $86.00	Low
6/25/2019	Credit Suisse Group	Initiated Coverage	Outperform ➝ Outperform	$77.00	Low
5/3/2019	Morgan Stanley	Boost Price Target	Equal Weight	$52.00 ➝ $56.00	Medium
5/3/2019	Stifel Nicolaus	Boost Price Target	Hold ➝ Hold	$45.00 ➝ $50.00	Medium
5/3/2019	SunTrust Banks	Boost Price Target	Buy	$70.00	High
4/17/2019	Longbow Research	Downgrade	Buy ➝ Neutral	$58.80	Low
2/26/2019	Wedbush	Lower Price Target	Neutral ➝ Neutral	$56.00 ➝ $54.00	High
12/19/2018	Jefferies Financial Group	Upgrade	Underperform ➝ Hold	$45.08	Medium
12/12/2018	Stifel Nicolaus	Lower Price Target	Hold	$65.00 ➝ $55.00	Medium
11/6/2018	Longbow Research	Upgrade	Neutral ➝ Buy	$60.00	High
11/2/2018	Barclays	Lower Price Target	Equal Weight ➝ Equal Weight	$59.00 ➝ $56.00	Low
11/2/2018	SunTrust Banks	Lower Price Target	Buy	$60.00	High
11/2/2018	Wedbush	Lower Price Target	Neutral ➝ Neutral	$62.00 ➝ $56.00	High
10/9/2018	Stifel Nicolaus	Initiated Coverage	Hold	$65.00	High
8/6/2018	Barclays	Boost Price Target	Equal Weight ➝ Equal Weight	$52.00 ➝ $59.00	Medium
8/3/2018	Wedbush	Reiterated Rating	Hold	$62.00	High
7/25/2018	Cowen	Reiterated Rating	Hold	$59.00	Low
7/16/2018	Morgan Stanley	Boost Price Target	Equal Weight ➝ Equal Weight	$47.00 ➝ $51.00	Low
5/23/2018	Longbow Research	Downgrade	Buy ➝ Neutral	$57.96	Low
5/7/2018	JPMorgan Chase & Co.	Downgrade	Neutral ➝ Underweight	$49.00	High
5/4/2018	William Blair	Reiterated Rating	Buy		Medium
5/4/2018	Morgan Stanley	Boost Price Target	Equal Weight ➝ Equal Weight	$44.00 ➝ $47.00	High
5/4/2018	Wedbush	Reiterated Rating	Hold	$48.00	High
2/16/2018	Barclays	Lower Price Target	Equal Weight ➝ Equal Weight	$49.00 ➝ $45.00	Medium
2/16/2018	SunTrust Banks	Set Price Target	Buy	$54.00	Medium
2/16/2018	Wedbush	Reiterated Rating	Hold	$38.00	High
1/16/2018	Barclays	Reiterated Rating	Equal Weight ➝ Equal Weight	$36.00 ➝ $49.00	Low
12/30/2017	Jefferies Financial Group	Downgrade	Hold ➝ Underperform	$36.00	N/A
12/22/2017	Jefferies Financial Group	Downgrade	Hold ➝ Underperform	$36.00	Low
12/19/2017	Cowen	Boost Price Target	Market Perform	$36.00 ➝ $42.00	Low
12/7/2017	Morgan Stanley	Upgrade	Underweight ➝ Equal Weight	$43.04 ➝ $34.00	High
11/3/2017	SunTrust Banks	Reiterated Rating	Buy	$50.00	N/A
11/2/2017	Barclays	Boost Price Target	Equal Weight	$34.00 ➝ $36.00	N/A
11/2/2017	Morgan Stanley	Boost Price Target	Equal ➝ Equal Weight	$32.00 ➝ $34.00	N/A
11/2/2017	Cowen	Boost Price Target	Market Perform	$35.00 ➝ $36.00	N/A
11/2/2017	Wedbush	Reiterated Rating	Hold	$36.00	N/A
10/12/2017	SunTrust Banks	Reiterated Rating	Buy	$48.00	N/A
9/26/2017	Wedbush	Downgrade	Outperform ➝ Neutral	$40.00 ➝ $36.00	High
9/12/2017	Cowen	Reiterated Rating	Hold	$35.00	Low
8/21/2017	SunTrust Banks	Reiterated Rating	Buy		Medium
8/17/2017	Wedbush	Reiterated Rating	Buy		Medium
8/4/2017	Barclays	Lower Price Target	Equal Weight	$35.00 ➝ $34.00	High
8/4/2017	Wedbush	Lower Price Target	Outperform	$43.00 ➝ $40.00	High
7/30/2017	Wedbush	Reiterated Rating	Outperform ➝ Outperform	$43.00 ➝ $40.00	High
6/27/2017	SunTrust Banks	Set Price Target	Buy	$48.00	N/A
5/24/2017	Piper Jaffray Companies	Initiated Coverage	Overweight ➝ Overweight	$44.00	Medium
5/18/2017	Wedbush	Upgrade	Neutral ➝ Outperform	$33.00 ➝ $43.00	High
5/15/2017	Wedbush	Reiterated Rating	Neutral ➝ Hold	$33.00	Low
5/15/2017	Cowen	Lower Price Target	Market Perform	$37.00 ➝ $35.00	Low
5/8/2017	Barclays	Lower Price Target	Equal Weight	$38.00 ➝ $35.00	Low
5/5/2017	Cowen	Lower Price Target	Market Perform	$37.00 ➝ $35.00	Low
5/5/2017	Buckingham Research	Upgrade	Neutral ➝ Buy	$32.00	High
5/5/2017	Wedbush	Reiterated Rating	Hold	$33.00	High
4/6/2017	The Goldman Sachs Group	Lower Price Target	Neutral	$34.00 ➝ $30.00	Medium
3/20/2017	Wedbush	Upgrade	Underperform ➝ Neutral	$30.00 ➝ $33.00	Low
3/5/2017	SunTrust Banks	Reiterated Rating	Buy	$49.00	N/A
3/3/2017	Morgan Stanley	Reiterated Rating	Underweight	$34.00	N/A
3/3/2017	Wedbush	Reiterated Rating	Underperform	$30.00	N/A
3/2/2017	Stifel Nicolaus	Lower Price Target	Hold ➝ Hold	$35.00 ➝ $33.00	N/A
3/2/2017	Buckingham Research	Lower Price Target	In-Line	$39.00	N/A
2/27/2017	Buckingham Research	Reiterated Rating	Neutral	$40.00	N/A
1/28/2017	Wedbush	Reiterated Rating	Underperform	$30.00	N/A
1/6/2017	Buckingham Research	Downgrade	Buy ➝ Neutral	$39.45 ➝ $40.00	N/A
11/11/2016	BTIG Research	Reiterated Rating	Buy	$40.00	N/A
11/11/2016	Barclays	Reiterated Rating	Equal Weight	$40.00	N/A
11/10/2016	Wedbush	Reiterated Rating	Underperform	$30.00	N/A
11/10/2016	Jefferies Financial Group	Reiterated Rating	Hold	$36.00 ➝ $38.00	N/A
10/20/2016	Buckingham Research	Set Price Target	Buy	$45.00 ➝ $40.00	N/A
10/15/2016	Wedbush	Reiterated Rating	Underperform	$39.00 ➝ $28.00	N/A
9/28/2016	JPMorgan Chase & Co.	Reiterated Rating	Hold	$38.00	N/A
9/16/2016	Buckingham Research	Reiterated Rating	Buy	$45.00	N/A
8/13/2016	Buckingham Research	Reiterated Rating	Buy	$45.00	N/A
8/11/2016	JPMorgan Chase & Co.	Reiterated Rating	Neutral	$35.00 ➝ $38.00	N/A
8/11/2016	Jefferies Financial Group	Reiterated Rating	Hold	$38.00 ➝ $36.00	N/A
8/11/2016	Wedbush	Reiterated Rating	Underperform	$30.00	N/A
8/11/2016	SunTrust Banks	Upgrade	Neutral ➝ Buy	$40.87 ➝ $48.00	N/A
7/6/2016	Wedbush	Initiated Coverage	Underperform	$30.00	N/A

(Data available from 6/22/2016 forward)

Shake Shack Inc. owns, operates, and licenses Shake Shack restaurants (Shacks) in the United States and internationally. Its Shacks offers hamburgers, hot dogs, chicken, crinkle cut fries, shakes, frozen custard, beer, wine, and other products. As of December 30, 2020, it operated 311 Shacks, including 183 domestic company-operated Shacks, 22 domestic licensed Shacks, and 106 international licensed Shacks. Shake Shack Inc. was founded in 2001 and is headquartered in New York, New York.

Today's Range

Now: $94.70

$92.54

$95.08

50 Day Range

MA: $98.50

$79.48

$119.00

52 Week Range

Now: $94.70

$47.12

$138.38

Volume

555,900 shs

Average Volume

916,582 shs

Market Capitalization

$3.97 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.74

Frequently Asked Questions

What sell-side analysts currently cover shares of Shake Shack?

The following sell-side analysts have issued stock ratings on Shake Shack in the last year: Barclays PLC, Cowen Inc, Credit Suisse Group AG, Deutsche Bank Aktiengesellschaft, Jefferies Financial Group Inc., JPMorgan Chase & Co., Loop Capital, MKM Partners, Morgan Stanley, Oppenheimer Holdings Inc., Piper Sandler, Raymond James, Stifel Nicolaus, The Goldman Sachs Group, Inc., TheStreet, Truist, Truist Financial Co., Truist Securities, Wedbush, and Zacks Investment Research.
View the latest analyst ratings for SHAK.

What is the current price target for Shake Shack?

17 Wall Street analysts have set twelve-month price targets for Shake Shack in the last year. Their average twelve-month price target is $97.94, suggesting a possible upside of 3.4%. Loop Capital has the highest price target set, predicting SHAK will reach $150.00 in the next twelve months. Jefferies Financial Group Inc. has the lowest price target set, forecasting a price of $50.00 for Shake Shack in the next year.
View the latest price targets for SHAK.

What is the current consensus analyst rating for Shake Shack?

Shake Shack currently has 2 sell ratings, 7 hold ratings and 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in SHAK, but not buy more shares or sell existing shares.
View the latest ratings for SHAK.

What other companies compete with Shake Shack?

Other companies that are similar to Shake Shack include The Wendy's, Cannae, J D Wetherspoon, Luckin Coffee, Drive Shack, Muscle Maker, Simplicity Esports and Gaming, iPic Entertainment, iPic Entertainment, Baristas Coffee, Giggles N' Hugs and Big Buck Brewery & Steakhouse.

How do I contact Shake Shack's investor relations team?

Shake Shack's physical mailing address is 225 VARICK STREET SUITE 301, NEW YORK NY, 10014. The company's listed phone number is 646-747-7200 and its investor relations email address is [email protected] The official website for Shake Shack is www.shakeshack.com.