NYSE:SHAK

Shake Shack (SHAK) Price Target & Analyst Ratings

$75.60

-3.40 (-4.30%)

(As of 08/9/2023 ET)

Compare

Today's Range: $75.45
▼
$78.81
50-Day Range: $67.54
▼
$79.91
52-Week Range: $40.83
▼
$80.58

Volume: 585,562 shs
Average Volume: 858,353 shs
Market Capitalization: $3.19 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $72.93

Shake Shack Consensus Rating and Price Target (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Hold
Based on 13 Analyst Ratings

Consensus Analyst Price Target

$72.93
-3.53% Downside

High Prediction	$95.00
Average Prediction	$72.93
Low Prediction	$56.00

Type	Current 8/10/22 to 8/10/23	1 Month Ago 7/11/22 to 7/11/23	3 Months Ago 5/12/22 to 5/12/23	1 Year Ago 8/10/21 to 8/10/22
Consensus Rating	Hold	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	3 Buy rating(s)	4 Buy rating(s)	6 Buy rating(s)
Hold	10 Hold rating(s)	9 Hold rating(s)	9 Hold rating(s)	11 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$72.93	$64.36	$62.07	$66.39
Predicted Upside	-3.53% Downside	11.03% Upside	12.35% Upside	12.48% Upside

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SHAK Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

SHAK Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Shake Shack Stock vs. The Competition

Type	Shake Shack	Retail/Wholesale Companies	S&P 500
Consensus Rating Score	2.23	2.41	2.48
Consensus Rating	Hold	Hold	Hold
Predicted Upside	-3.53% Downside	836.05% Upside	636.80% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
8/9/2023	Northcoast Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral
8/7/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$66.00 ➝ $71.00	-10.99%
8/4/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight ➝ Equal Weight	$68.00 ➝ $70.00	-11.39%
8/4/2023	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$60.00 ➝ $71.00	-7.92%
8/4/2023	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Market Perform ➝ Market Perform	$75.00 ➝ $78.00	+4.43%
8/4/2023	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral ➝ Neutral	$73.00	-2.26%
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8/4/2023	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$90.00 ➝ $95.00	+27.19%
8/4/2023	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$74.00 ➝ $78.00	+4.43%
8/4/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight ➝ Equal Weight	$64.00 ➝ $72.00	-3.60%
8/4/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Market Perform ➝ Outperform	$87.00	+16.48%
6/14/2023	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$75.00 ➝ $85.00	+21.19%
5/17/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$50.00 ➝ $65.00	-3.33%
5/8/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral	$62.00 ➝ $66.00	+0.18%
5/5/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral	$63.00 ➝ $69.00	+12.07%
2/17/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Market Perform	$53.00 ➝ $58.00	+5.45%
11/7/2022	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Hold	$53.00 ➝ $56.00	+19.10%

(Data available from 8/10/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

SHAK Price Target - Frequently Asked Questions

What is Shake Shack's consensus rating and price target?: According to the issued ratings of 13 analysts in the last year, the consensus rating for Shake Shack stock is Hold based on the current 10 hold ratings and 3 buy ratings for SHAK. The average twelve-month price prediction for Shake Shack is $72.93 with a high price target of $95.00 and a low price target of $56.00. Learn more on SHAK's analyst rating history.
Do Wall Street analysts like Shake Shack more than its competitors?: Analysts like Shake Shack less than other Retail/Wholesale companies. The consensus rating score for Shake Shack is 2.23 while the average consensus rating score for retail/wholesale companies is 2.41. Learn more on how SHAK compares to other companies.
Is Shake Shack being upgraded or downgraded by Wall Street analysts?: Over the previous 90 days, Shake Shack's stock had 2 upgrades and 1 downgrade by analysts.

Does Shake Shack's stock price have much upside?: According to analysts, Shake Shack's stock has a predicted upside of 5.64% based on their 12-month price targets.
What analysts cover Shake Shack?: Shake Shack has been rated by Barclays, BTIG Research, JPMorgan Chase & Co., Loop Capital, Morgan Stanley, Northcoast Research, Raymond James, Robert W. Baird, Stifel Nicolaus, TD Cowen, Truist Financial, and Wedbush in the past 90 days.

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This page (NYSE:SHAK) was last updated on 8/10/2023 by MarketBeat.com Staff

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