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

OverviewForecast
EarningsDividendOwnership

Analyst price target for SHAK

Based on 13 analysts offering 12 month price targets for Shake Shack Inc.
Min Forecast
$47.00-19.37%
Avg Forecast
$60.85+4.38%
Max Forecast
$90.00+54.4%

Should I buy or sell SHAK stock?

Based on 14 analysts offering ratings for Shake Shack Inc.
Hold
Strong Buy
3 analysts 21.43%
Buy
2 analysts 14.29%
Hold
7 analysts 50%
Sell
0 analysts 0%
Strong Sell
2 analysts 14.29%

Be the first to know when Wall Street analysts revise their SHAK stock forecasts and price targets.

SHAK stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Barclays
Top 10%
91
HoldMaintains$51.00-12.51%2023-01-26
Morgan Stanley
Top 25%
76
Strong SellDowngrades$47.00-19.37%2023-01-17
Wedbush
Top 22%
79
HoldDowngrades$49.00-15.94%2022-12-21
Deutsche Bank
Top 5%
96
HoldMaintains$56.00-3.93%2022-11-07
BTIG
Top 6%
95
Strong BuyMaintains$60.00+2.93%2022-11-07
Credit Suisse
Top 5%
96
HoldMaintains$57.00-2.21%2022-11-07
Morgan Stanley
Top 24%
77
HoldMaintains$50.00-14.22%2022-10-11
Oppenheimer
Bottom 47%
47
BuyMaintains$69.00+18.37%2022-08-08
Cowen & Co.
Top 23%
78
HoldMaintains$48.00-17.65%2022-08-05
Truist Securities
Top 1%
100
Strong BuyMaintains$67.00+14.94%2022-07-01

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Forecast return on equity

Is SHAK forecast to generate an efficient return?
Company
N/A
Industry
48.35%
Market
57.54%

Forecast return on assets

Is SHAK forecast to generate an efficient return on assets?
Company
N/A
Industry
23.47%

SHAK earnings per share forecast

What is SHAK's earnings per share in the next 2 years based on estimates from 11 analysts?
Avg 1 year Forecast
$0.00
Avg 2 year Forecast
$0.27

SHAK revenue forecast

What is SHAK's revenue in the next 3 years based on estimates from 11 analysts?
Avg 1 year Forecast
$1.1B+27.39%
Avg 2 year Forecast
$1.3B+49.54%
Avg 3 year Forecast
$1.4B+61.93%
SHAK's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

SHAK revenue growth forecast

How is SHAK forecast to perform vs Restaurants companies and vs the US market?
Company
22.29%
Industry
14.48%
Market
11.02%
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$58.29$60.85+4.38%Hold
CBRL$115.37$103.67-10.14%Hold
BLMN$24.86$25.50+2.57%Buy
PLAY$44.71$50.33+12.58%Strong Buy
CAKE$39.45$35.08-11.07%Hold
View Top Restaurant Stocks

Shake Shack Stock Forecast FAQ

Is Shake Shack Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 14 Wall Street analysts covering (NYSE: SHAK) stock is to Hold SHAK stock.

Out of 14 analysts, 3 (21.43%) are recommending SHAK as a Strong Buy, 2 (14.29%) are recommending SHAK as a Buy, 7 (50%) are recommending SHAK as a Hold, 0 (0%) are recommending SHAK as a Sell, and 2 (14.29%) 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 2023-2024?

(NYSE: SHAK) Shake Shack's forecast annual earnings growth rate of N/A is not forecast to beat the US Restaurants industry's average forecast earnings growth rate of 40.44%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 27.25%.

Shake Shack's earnings in 2023 is -$23,104,000.On average, 11 Wall Street analysts forecast SHAK's earnings for 2023 to be $0, with the lowest SHAK earnings forecast at -$17,702,770, and the highest SHAK earnings forecast at $10,958,858.

In 2024, SHAK is forecast to generate $11,380,352 in earnings, with the lowest earnings forecast at -$3,371,956 and the highest earnings forecast at $19,810,242.

What is SHAK's revenue growth forecast for 2023-2025?

(NYSE: SHAK) Shake Shack's forecast annual revenue growth rate of 22.29% is forecast to beat the US Restaurants industry's average forecast revenue growth rate of 14.48%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 11.02%.

Shake Shack's revenue in 2023 is $865,213,000.On average, 11 Wall Street analysts forecast SHAK's revenue for 2023 to be $46,455,397,867, with the lowest SHAK revenue forecast at $43,996,440,987, and the highest SHAK revenue forecast at $48,969,233,334. On average, 3 Wall Street analysts forecast SHAK's revenue for 2024 to be $54,534,436,228, with the lowest SHAK revenue forecast at $52,999,985,428, and the highest SHAK revenue forecast at $56,322,036,637.

In 2025, SHAK is forecast to generate $59,052,225,241 in revenue, with the lowest revenue forecast at $59,052,225,241 and the highest revenue forecast at $59,052,225,241.

What is SHAK's forecast return on assets (ROA) for 2023-2025?

(NYSE: SHAK) forecast ROA is N/A, which is lower than the forecast US Restaurants industry average of 23.47%.

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 $60.85, with the highest SHAK stock price forecast at $90.00 and the lowest SHAK stock price forecast at $47.00.

On average, Wall Street analysts predict that Shake Shack's share price could reach $60.85 by Jan 26, 2024. The average Shake Shack stock price prediction forecasts a potential upside of 4.38% from the current SHAK share price of $58.29.

What is SHAK's Earnings Per Share (EPS) forecast for 2023-2024?

(NYSE: SHAK) Shake Shack's current Earnings Per Share (EPS) is -$0.59. On average, analysts forecast that SHAK's EPS will be $0.00 for 2023, with the lowest EPS forecast at -$0.42, and the highest EPS forecast at $0.26. In 2024, SHAK's EPS is forecast to hit $0.27 (min: -$0.08, max: $0.47).

What is SHAK's forecast return on equity (ROE) for 2023-2025?

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