Shake Shack (NYSE:SHAK) Given New $96.00 Price Target at Barclays

Shake Shack (NYSE:SHAK) had its price objective lowered by Barclays from $118.00 to $96.00 in a research note released on Friday,Benzinga reports. Barclays currently has an overweight rating on the stock.

A number of other equities research analysts have also commented on SHAK. DA Davidson set a $85.00 price objective on Shake Shack in a research report on Friday. Zacks Research upgraded Shake Shack from a “strong sell” rating to a “hold” rating in a research report on Monday, March 9th. BNP Paribas Exane assumed coverage on Shake Shack in a research report on Monday, March 30th. They set an “outperform” rating and a $124.00 price objective for the company. Stifel Nicolaus set a $85.00 price objective on Shake Shack and gave the stock a “buy” rating in a research report on Friday. Finally, TD Cowen decreased their price objective on Shake Shack from $105.00 to $76.00 and set a “hold” rating for the company in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and thirteen have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $107.92.

Shake Shack Trading Up 1.3%

NYSE:SHAK opened at $70.14 on Friday. The company has a quick ratio of 1.73, a current ratio of 1.69 and a debt-to-equity ratio of 0.45. Shake Shack has a 1-year low of $67.21 and a 1-year high of $144.65. The firm has a market capitalization of $2.99 billion, a price-to-earnings ratio of 71.57, a price-to-earnings-growth ratio of 2.70 and a beta of 1.78. The stock has a fifty day simple moving average of $94.14 and a 200 day simple moving average of $91.01.

Shake Shack (NYSE:SHAK) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.00 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.11). Shake Shack had a net margin of 2.76% and a return on equity of 9.62%. The company had revenue of $366.74 million during the quarter, compared to analyst estimates of $372.43 million. During the same quarter last year, the business earned $0.14 EPS. The company’s revenue for the quarter was up 14.3% compared to the same quarter last year. Sell-side analysts forecast that Shake Shack will post 1.4 earnings per share for the current year.

Insider Buying and Selling

In other Shake Shack news, insider Stephanie Ann Sentell sold 258 shares of the firm’s stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $102.21, for a total transaction of $26,370.18. Following the completion of the sale, the insider directly owned 15,084 shares in the company, valued at approximately $1,541,735.64. This trade represents a 1.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 8.50% of the company’s stock.

Institutional Investors Weigh In On Shake Shack

Institutional investors have recently made changes to their positions in the company. Hilton Head Capital Partners LLC acquired a new stake in shares of Shake Shack during the 4th quarter valued at about $25,000. Geneos Wealth Management Inc. acquired a new stake in shares of Shake Shack during the 1st quarter valued at about $26,000. Assetmark Inc. lifted its holdings in shares of Shake Shack by 457.6% during the 4th quarter. Assetmark Inc. now owns 368 shares of the company’s stock valued at $30,000 after buying an additional 302 shares during the last quarter. Global Retirement Partners LLC lifted its holdings in shares of Shake Shack by 83.7% during the 3rd quarter. Global Retirement Partners LLC now owns 327 shares of the company’s stock valued at $31,000 after buying an additional 149 shares during the last quarter. Finally, UMB Bank n.a. lifted its holdings in shares of Shake Shack by 42.2% during the 4th quarter. UMB Bank n.a. now owns 391 shares of the company’s stock valued at $32,000 after buying an additional 116 shares during the last quarter. 86.07% of the stock is currently owned by institutional investors and hedge funds.

Shake Shack News Roundup

Here are the key news stories impacting Shake Shack this week:

• Positive Sentiment: Shake Shack updated its Q2 2026 revenue guidance to $424 million-$428 million, above the consensus estimate, which could help offset some of the earnings disappointment. Shake Shack Appoints Michelle Hook as Chief Financial Officer
• Positive Sentiment: Shake Shack appointed Michelle Hook as CFO, a move that may be viewed as supportive for financial discipline and execution. Shake Shack Appoints Michelle Hook as Chief Financial Officer
• Neutral Sentiment: JPMorgan lowered its price target to $85 from $100 but kept a neutral rating, signaling a more measured view rather than a strong bearish call.
• Neutral Sentiment: BNP Paribas Exane cut its target to $100 from $124 while maintaining an outperform rating, still implying confidence in longer-term upside.
• Neutral Sentiment: Barclays reduced its target to $96 from $118 and reiterated overweight, reflecting lower near-term expectations but a positive stance on the shares.
• Neutral Sentiment: Wells Fargo trimmed its target to $80 from $100 and kept an equal weight rating, adding to the post-earnings analyst caution.
• Neutral Sentiment: New articles and commentary on the earnings call, valuation, and shareholder-loss investigation add headline noise, but the core stock move is being driven mainly by the Q1 miss and reduced analyst targets.
• Negative Sentiment: Q1 revenue and earnings both missed Wall Street estimates, and the company swung to a loss amid higher costs and softer traffic in some markets. Shake Shack shares crater 30% after burger chain reports operating loss
• Negative Sentiment: CEO commentary about declining tourism in major urban markets, especially New York City, points to a demand headwind that could pressure near-term sales.
• Negative Sentiment: A shareholder investigation by Johnson Fistel may increase legal overhang and adds another concern for investors.

Shake Shack Company Profile

Shake Shack, Inc (NYSE: SHAK) is a publicly traded hospitality company known for its modern take on the classic American roadside burger stand. The company operates a chain of quick-casual restaurants offering premium hamburgers, hot dogs, crinkle-cut fries, frozen custard, milkshakes and a curated selection of beer and wine. Shake Shack emphasizes high-quality ingredients, including 100% all-natural Angus beef with no hormones or antibiotics, and works with local suppliers where possible to maintain its commitment to fresh, responsibly sourced food.

Shake Shack traces its origins to a hot dog cart opened in New York City’s Madison Square Park in 2001 by Danny Meyer’s Union Square Hospitality Group.