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NYSE: SHAK
Shake Shack Inc Stock Forecast, Predictions & Price Target

Analyst price target for SHAK

Based on 13 analysts offering 12 month price targets for Shake Shack Inc.
Min Forecast
$60.00-39.72%
Avg Forecast
$102.62+3.09%
Max Forecast
$125.00+25.58%

Should I buy or sell SHAK stock?

Based on 13 analysts offering ratings for Shake Shack Inc.
Buy
Strong Buy
4 analysts 30.77%
Buy
2 analysts 15.38%
Hold
6 analysts 46.15%
Sell
0 analysts 0%
Strong Sell
1 analysts 7.69%

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SHAK stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-12
lockedlocked$00.00+00.00%2024-04-12
lockedlocked$00.00+00.00%2024-04-02
lockedlocked$00.00+00.00%2024-03-22
lockedlocked$00.00+00.00%2024-03-14
JP Morgan
Top 10%
91
Strong SellMaintains$100.00+0.46%2024-03-04
UBS
Top 10%
91
HoldMaintains$110.00+10.51%2024-02-16
Raymond James
Top 1%
100
Strong BuyMaintains$115.00+15.53%2024-02-16
Oppenheimer
Top 40%
61
BuyMaintains$108.00+8.50%2024-02-16
Wedbush
Top 14%
87
HoldMaintains$100.00+0.46%2024-02-16

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Forecast return on equity

Is SHAK forecast to generate an efficient return?
Company
N/A
Industry
-83.25%
Market
19.57%

Forecast return on assets

Is SHAK forecast to generate an efficient return on assets?
Company
N/A
Industry
6.98%

SHAK revenue forecast

What is SHAK's revenue in the next 3 years based on estimates from 12 analysts?
Avg 1 year Forecast
$1.2B+14.65%
Avg 2 year Forecast
$1.4B+32.02%
Avg 3 year Forecast
$1.6B+45.64%
SHAK's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

SHAK earnings growth forecast

How is SHAK forecast to perform vs Restaurants companies and vs the US market?
Company
-75.75%
Industry
12.42%
Market
28.77%
SHAK's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
SHAK's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
SHAK's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

SHAK revenue growth forecast

How is SHAK forecast to perform vs Restaurants companies and vs the US market?
Company
14.54%
Industry
8.4%
Market
9.23%
SHAK's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
SHAK's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

SHAK vs Restaurant Stocks

TickerPricePrice TargetUp/downsideConsensus
SHAK$99.54$102.62+3.09%Buy
WEN$19.82$20.00+0.91%Hold
BROS$28.53$35.29+23.68%Buy
SG$21.72$20.63-5.04%Buy
BLMN$27.03$28.29+4.65%Buy

Shake Shack Stock Forecast FAQ

Is Shake Shack Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 13 Wall Street analysts covering (NYSE: SHAK) stock is to Buy SHAK stock.

Out of 13 analysts, 4 (30.77%) are recommending SHAK as a Strong Buy, 2 (15.38%) are recommending SHAK as a Buy, 6 (46.15%) are recommending SHAK as a Hold, 0 (0%) are recommending SHAK as a Sell, and 1 (7.69%) are recommending SHAK as a Strong Sell.

If you're new to stock investing, here's how to buy Shake Shack stock.

What is SHAK's revenue growth forecast for 2024-2026?

(NYSE: SHAK) Shake Shack's forecast annual revenue growth rate of 14.54% is forecast to beat the US Restaurants industry's average forecast revenue growth rate of 8.4%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.23%.

Shake Shack's revenue in 2024 is $1,087,533,000.On average, 12 Wall Street analysts forecast SHAK's revenue for 2024 to be $52,754,024,485, with the lowest SHAK revenue forecast at $52,160,259,614, and the highest SHAK revenue forecast at $53,773,925,865. On average, 12 Wall Street analysts forecast SHAK's revenue for 2025 to be $60,747,722,621, with the lowest SHAK revenue forecast at $59,210,635,706, and the highest SHAK revenue forecast at $61,864,257,817.

In 2026, SHAK is forecast to generate $67,010,473,886 in revenue, with the lowest revenue forecast at $66,008,850,004 and the highest revenue forecast at $67,897,144,144.

What is SHAK's forecast return on assets (ROA) for 2024-2026?

(NYSE: SHAK) forecast ROA is N/A, which is lower than the forecast US Restaurants industry average of 6.98%.

What is SHAK's Price Target?

According to 13 Wall Street analysts that have issued a 1 year SHAK price target, the average SHAK price target is $102.62, with the highest SHAK stock price forecast at $125.00 and the lowest SHAK stock price forecast at $60.00.

On average, Wall Street analysts predict that Shake Shack's share price could reach $102.62 by Apr 12, 2025. The average Shake Shack stock price prediction forecasts a potential upside of 3.09% from the current SHAK share price of $99.54.

What is SHAK's forecast return on equity (ROE) for 2024-2026?

(NYSE: SHAK) forecast ROE is N/A, which is considered weak.
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