Shake Shack (SHAK)
(Delayed Data from NYSE)
$96.43 USD
-5.98 (-5.84%)
Updated Aug 2, 2024 04:00 PM ET
After-Market: $99.23 +2.80 (2.90%) 7:58 PM ET
3-Hold of 5 3
F Value A Growth C Momentum C VGM
Shake Shack (SHAK) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$108.48 | $125.00 | $74.00 | 5.93% |
Price Target
Based on short-term price targets offered by 21 analysts, the average price target for Shake Shack comes to $108.48. The forecasts range from a low of $74.00 to a high of $125.00. The average price target represents an increase of 5.93% from the last closing price of $102.41.
Analyst Price Targets (21)
Broker Rating
Shake Shack currently has an average brokerage recommendation (ABR) of 2.18 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 22 brokerage firms. The current ABR compares to an ABR of 2.24 a month ago based on 21 recommendations.
Of the 22 recommendations deriving the current ABR, 10 are Strong Buy, representing 45.45% of all recommendations. A month ago, Strong Buy represented 42.86%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/SHAK.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 10 | 9 | 9 | 8 | 8 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 11 | 11 | 11 | 11 | 11 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 1 | 1 | 1 | 1 | 1 |
ABR | 2.18 | 2.24 | 2.24 | 2.30 | 2.30 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
8/2/2024 | Wedbush Securities | Nick Setyan | Hold | Hold |
8/1/2024 | Cowen & Co. | Andrew M Charles | Strong Buy | Strong Buy |
7/29/2024 | Capital One Securities | Daniel Guglielmo | Not Available | Strong Buy |
7/17/2024 | Raymond James | Brian M Vaccaro | Strong Buy | Strong Buy |
7/8/2024 | Truist Securities | Jake Bartlett | Strong Buy | Strong Buy |
6/13/2024 | Goldman Sachs | Christine Cho | Not Available | Strong Buy |
5/6/2024 | Northcoast Research | Jim Sanderson | Strong Buy | Strong Buy |
5/3/2024 | UBS | Dennis Geiger | Hold | Hold |
5/3/2024 | Loop Capital Markets | Alton Stump | Hold | Hold |
5/3/2024 | Robert W. Baird & Co. | David E Tarantino | Hold | Hold |
4/24/2024 | William Blair | Sharon Zackfia | Strong Buy | Strong Buy |
2/27/2024 | BTIG | Peter M Saleh | Strong Buy | Strong Buy |
2/23/2024 | Not Identified | Not Identified | Hold | Hold |
12/20/2023 | Not Identified | Not Identified | Not Available | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.18 |
ABR (Last week) | 2.24 |
# of Recs in ABR | 22 |
Average Target Price | $108.48 |
LT Growth Rate | 49.90% |
Industry | Retail - Restaurants |
Industry Rank by ABR | 188 of 253 |
Current Quarter EPS Est: | 0.21 |