Shake Shack Inc. (SHAK)
NYSE: SHAK · IEX Real-Time Price · USD
94.89
+0.59 (0.63%)
May 31, 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 99.61, with a low estimate of 60 and a high estimate of 125. The average target predicts an increase of 4.97% from the current stock price of 94.89.
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 5 | 5 |
| Buy | 1 | 2 | 2 | 4 | 3 | 3 |
| Hold | 9 | 9 | 10 | 9 | 9 | 9 |
| Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 15 | 16 | 18 | 18 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Strong Buy Reiterates $125 | Strong Buy | Reiterates | $125 | +31.73% | May 31, 2024 |
| JP Morgan | JP Morgan | Sell Maintains $100 → $102 | Sell | Maintains | $100 → $102 | +7.49% | May 13, 2024 |
| BTIG | BTIG | Strong Buy Maintains $120 → $125 | Strong Buy | Maintains | $120 → $125 | +31.73% | May 6, 2024 |
| UBS | UBS | Hold Maintains $110 → $115 | Hold | Maintains | $110 → $115 | +21.19% | May 3, 2024 |
| Barclays | Barclays | Hold Maintains $92 → $108 | Hold | Maintains | $92 → $108 | +13.82% | May 3, 2024 |
Financial Forecast
Revenue This Year
1.28B
from 1.09B
Increased by 17.24%
Revenue Next Year
1.47B
from 1.28B
Increased by 15.06%
EPS This Year
0.76
from 0.48
Increased by 57.95%
EPS Next Year
1.03
from 0.76
Increased by 36.34%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.3B | 1.5B | 1.8B | 1.9B | 2.2B |
| Avg | 1.3B | 1.5B | 1.7B | 1.9B | 2.1B |
| Low | 1.2B | 1.3B | 1.6B | 1.8B | 2.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 21.8% | 21.3% | 20.1% | 16.9% | 18.2% |
| Avg | 17.2% | 15.1% | 13.6% | 13.5% | 13.4% |
| Low | 11.0% | 5.2% | 6.2% | 8.9% | 7.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.88 | 1.28 | 1.66 | 2.18 | 2.77 |
| Avg | 0.76 | 1.03 | 1.28 | 2.12 | 2.69 |
| Low | 0.64 | 0.79 | 1.04 | 2.04 | 2.59 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 83.8% | 69.0% | 60.5% | 71.2% | 30.7% |
| Avg | 57.9% | 36.3% | 23.4% | 66.3% | 26.9% |
| Low | 32.7% | 4.2% | 0.5% | 59.8% | 21.9% |
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.