Zacks Research Reduces Earnings Estimates for Shake Shack

Shake Shack, Inc. (NYSE:SHAK) – Equities research analysts at Zacks Research decreased their FY2025 EPS estimates for shares of Shake Shack in a research note issued on Tuesday, January 13th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $1.32 for the year, down from their prior forecast of $1.33. The consensus estimate for Shake Shack’s current full-year earnings is $1.26 per share. Zacks Research also issued estimates for Shake Shack’s Q4 2025 earnings at $0.38 EPS, Q1 2026 earnings at $0.17 EPS, Q2 2026 earnings at $0.50 EPS, Q3 2026 earnings at $0.41 EPS, Q4 2026 earnings at $0.42 EPS, FY2026 earnings at $1.50 EPS, Q1 2027 earnings at $0.29 EPS, Q2 2027 earnings at $0.53 EPS, Q3 2027 earnings at $0.44 EPS, Q4 2027 earnings at $0.54 EPS and FY2027 earnings at $1.80 EPS.

Shake Shack (NYSE:SHAK) last posted its earnings results on Thursday, October 30th. The company reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.05. Shake Shack had a net margin of 3.10% and a return on equity of 10.43%. The firm had revenue of $367.41 million during the quarter, compared to analyst estimates of $363.69 million. During the same period in the previous year, the business posted $0.25 EPS. Shake Shack’s revenue was up 15.9% on a year-over-year basis.

Several other analysts also recently weighed in on the company. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Shake Shack in a research note on Tuesday, November 25th. Deutsche Bank Aktiengesellschaft upgraded shares of Shake Shack from a “hold” rating to a “buy” rating and set a $105.00 price objective on the stock in a research note on Tuesday, January 6th. Piper Sandler reduced their price objective on shares of Shake Shack from $126.00 to $102.00 and set a “neutral” rating for the company in a report on Friday, October 31st. Weiss Ratings reiterated a “hold (c)” rating on shares of Shake Shack in a research report on Wednesday, October 8th. Finally, Wells Fargo & Company dropped their price target on shares of Shake Shack from $100.00 to $90.00 and set an “equal weight” rating on the stock in a research report on Wednesday, December 17th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $116.52.

Shake Shack Stock Performance

SHAK opened at $99.85 on Thursday. The company has a current ratio of 1.84, a quick ratio of 1.81 and a debt-to-equity ratio of 0.46. The business’s 50 day moving average is $86.23 and its 200-day moving average is $101.15. The stock has a market cap of $4.26 billion, a PE ratio of 97.89, a price-to-earnings-growth ratio of 2.19 and a beta of 1.68. Shake Shack has a twelve month low of $72.93 and a twelve month high of $144.65.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Holocene Advisors LP acquired a new stake in shares of Shake Shack during the 2nd quarter valued at $115,432,000. Wellington Management Group LLP lifted its holdings in shares of Shake Shack by 21.0% during the third quarter. Wellington Management Group LLP now owns 2,590,911 shares of the company’s stock valued at $242,535,000 after purchasing an additional 450,406 shares during the last quarter. Marshall Wace LLP boosted its position in shares of Shake Shack by 285.2% in the 3rd quarter. Marshall Wace LLP now owns 586,999 shares of the company’s stock valued at $54,949,000 after purchasing an additional 434,625 shares during the period. Jennison Associates LLC boosted its position in shares of Shake Shack by 57.1% in the 2nd quarter. Jennison Associates LLC now owns 593,971 shares of the company’s stock valued at $83,512,000 after purchasing an additional 215,984 shares during the period. Finally, 12 West Capital Management LP boosted its position in shares of Shake Shack by 13.6% in the 3rd quarter. 12 West Capital Management LP now owns 1,753,595 shares of the company’s stock valued at $164,154,000 after purchasing an additional 210,000 shares during the period. Institutional investors own 86.07% of the company’s stock.

Insider Buying and Selling at Shake Shack

In other news, insider Stephanie Ann Sentell sold 1,100 shares of Shake Shack stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $85.14, for a total value of $93,654.00. Following the transaction, the insider owned 9,907 shares of the company’s stock, valued at $843,481.98. The trade was a 9.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 8.50% of the company’s stock.

Key Headlines Impacting Shake Shack

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

• Positive Sentiment: Preliminary FY25 results show revenue strength and a clear growth plan — Shake Shack reported roughly $1.45B in FY25 revenue, steady same‑Shack sales and margins, and outlined a 2026 plan focused on higher revenue, margin expansion and unit growth, which supports longer‑term upside. Shake Shack Releases Preliminary FY25 Results
• Positive Sentiment: New-store pipeline expansion — multiple local openings announced (Kentwood, Louisville/Oxmoor Center, Union NJ and Jeffersonville area openings), which signal continued unit growth that can drive revenue and brand reach. Kentwood Location Louisville Location
• Neutral Sentiment: Management message: CEO emphasizes room to grow — CEO Rob Lynch told media the brand is “not ubiquitous yet,” underscoring management’s view that there is significant runway for unit expansion; positive strategically but not an immediate earnings driver. CEO Interview
• Negative Sentiment: Zacks Research cut multiple near‑term and medium‑term EPS forecasts — analysts trimmed Q1–Q4 estimates across FY26–FY27 and lowered FY26 from $1.62 to $1.50 and FY27 from $1.93 to $1.80, plus several quarterly downgrades. These reductions increase the risk of downward earnings surprises and can pressure the stock until results confirm stability or improvement. (Source: Zacks Research notes summarized by news wires)

About Shake Shack

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.