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

Analyst price target for SHAK

Based on 11 analysts offering 12 month price targets for Shake Shack Inc

Min Forecast
$100.00-27.93%
Avg Forecast
$117.46-15.35%
Max Forecast
$144.00+3.78%

Should I buy or sell SHAK stock?

Based on 11 analysts offering ratings for Shake Shack Inc.

Buy
Strong Buy
3 analysts 27.27%
Buy
1 analysts 9.09%
Hold
6 analysts 54.55%
Sell
0 analysts 0%
Strong Sell
1 analysts 9.09%
Although SHAK's forecast from analysts indicates a "Buy", our proven Zen Rating quant model rates SHAK as a "Hold". Stocks with a Zen Rating of Hold have beat the market by +7.53%. Learn More

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SHAK stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-11-01
lockedlocked$00.00+00.00%2024-10-31
lockedlocked$00.00+00.00%2024-10-28
lockedlocked$00.00+00.00%2024-09-24
lockedlocked$00.00+00.00%2024-09-18
Deutsche Bank
Top 5%
96
HoldMaintains$115.00-17.12%2024-08-28
Bank of America
Top 23%
78
HoldMaintains$116.00-16.40%2024-08-19
Goldman Sachs
Top 20%
81
Strong BuyMaintains$125.00-9.92%2024-08-02
Baird
Top 5%
96
HoldMaintains$105.00-24.33%2024-08-02
Wedbush
Top 4%
97
HoldMaintains$100.00-27.93%2024-08-02

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Forecast return on equity

Is SHAK forecast to generate an efficient return?

Company
15.2%
Industry
-55.15%
Market
70.65%
SHAK's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is SHAK forecast to generate an efficient return on assets?

Company
4.14%
Industry
20.61%
SHAK is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

SHAK earnings per share forecast

What is SHAK's earnings per share in the next 3 years based on estimates from 13 analysts?

Avg 1 year Forecast
$0.82+289.95%
Avg 2 year Forecast
$1.16+452.9%
Avg 3 year Forecast
$1.48+604%
SHAK's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

SHAK revenue forecast

What is SHAK's revenue in the next 3 years based on estimates from 13 analysts?

Avg 1 year Forecast
$1.2B+3.22%
Avg 2 year Forecast
$1.4B+18.36%
Avg 3 year Forecast
$1.6B+33.82%
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
91.98%
Industry
9.11%
Market
17.31%
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
10.18%
Industry
5.43%
Market
8.88%
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$138.76$117.46-15.35%Buy
EAT$129.85$98.14-24.42%Hold
SG$42.04$39.89-5.12%Buy
WEN$17.48$20.41+16.77%Hold
BROS$55.14$49.40-10.41%Buy

Shake Shack Stock Forecast FAQ

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

The consensus among 11 Wall Street analysts covering (NYSE: SHAK) stock is to Buy SHAK stock.

Out of 11 analysts, 3 (27.27%) are recommending SHAK as a Strong Buy, 1 (9.09%) are recommending SHAK as a Buy, 6 (54.55%) are recommending SHAK as a Hold, 0 (0%) are recommending SHAK as a Sell, and 1 (9.09%) 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 earnings growth forecast for 2024-2026?

(NYSE: SHAK) Shake Shack's forecast annual earnings growth rate of 91.98% is forecast to beat the US Restaurants industry's average forecast earnings growth rate of 9.11%, and it is also forecast to beat the US market's average forecast earnings growth rate of 17.31%.

Shake Shack's earnings in 2024 is $8,720,000.On average, 13 Wall Street analysts forecast SHAK's earnings for 2024 to be $34,789,750, with the lowest SHAK earnings forecast at $33,137,142, and the highest SHAK earnings forecast at $37,385,493. On average, 13 Wall Street analysts forecast SHAK's earnings for 2025 to be $49,327,609, with the lowest SHAK earnings forecast at $43,758,020, and the highest SHAK earnings forecast at $56,503,075.

In 2026, SHAK is forecast to generate $62,807,629 in earnings, with the lowest earnings forecast at $56,503,075 and the highest earnings forecast at $69,248,129.

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

(NYSE: SHAK) Shake Shack's forecast annual revenue growth rate of 10.18% is forecast to beat the US Restaurants industry's average forecast revenue growth rate of 5.43%, and it is also forecast to beat the US market's average forecast revenue growth rate of 8.88%.

Shake Shack's revenue in 2024 is $1,210,167,000.On average, 13 Wall Street analysts forecast SHAK's revenue for 2024 to be $53,068,112,828, with the lowest SHAK revenue forecast at $52,679,558,600, and the highest SHAK revenue forecast at $53,147,302,100. On average, 13 Wall Street analysts forecast SHAK's revenue for 2025 to be $60,850,837,875, with the lowest SHAK revenue forecast at $59,824,436,153, and the highest SHAK revenue forecast at $61,983,235,967.

In 2026, SHAK is forecast to generate $68,798,696,345 in revenue, with the lowest revenue forecast at $66,061,865,825 and the highest revenue forecast at $71,159,802,658.

What is SHAK's forecast return on assets (ROA) for 2024-2027?

(NYSE: SHAK) forecast ROA is 4.14%, which is lower than the forecast US Restaurants industry average of 20.61%.

What is SHAK's Price Target?

According to 11 Wall Street analysts that have issued a 1 year SHAK price target, the average SHAK price target is $117.46, with the highest SHAK stock price forecast at $144.00 and the lowest SHAK stock price forecast at $100.00.

On average, Wall Street analysts predict that Shake Shack's share price could fall to $117.46 by Nov 1, 2025. The average Shake Shack stock price prediction forecasts a potential downside of 15.35% from the current SHAK share price of $138.76.

What is SHAK's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: SHAK) Shake Shack's current Earnings Per Share (EPS) is $0.21. On average, analysts forecast that SHAK's EPS will be $0.82 for 2024, with the lowest EPS forecast at $0.78, and the highest EPS forecast at $0.88. On average, analysts forecast that SHAK's EPS will be $1.16 for 2025, with the lowest EPS forecast at $1.03, and the highest EPS forecast at $1.33. In 2026, SHAK's EPS is forecast to hit $1.48 (min: $1.33, max: $1.63).

What is SHAK's forecast return on equity (ROE) for 2024-2027?

(NYSE: SHAK) forecast ROE is 15.2%, which is considered weak.
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