Shake Shack (NYSE:SHAK) Given New $77.00 Price Target at BNP Paribas Exane

Shake Shack (NYSE:SHAK) had its price objective dropped by equities research analysts at BNP Paribas Exane from $100.00 to $77.00 in a report released on Thursday,Benzinga reports. The firm currently has an “outperform” rating on the stock. BNP Paribas Exane’s target price would indicate a potential upside of 44.89% from the stock’s previous close.

SHAK has been the subject of a number of other research reports. Wolfe Research initiated coverage on shares of Shake Shack in a research report on Monday, March 9th. They set an “outperform” rating and a $118.00 target price for the company. TD Cowen reissued a “hold” rating and set a $70.00 target price on shares of Shake Shack in a research report on Wednesday. Guggenheim cut their price objective on shares of Shake Shack from $120.00 to $100.00 and set a “buy” rating for the company in a research report on Monday, May 11th. Zacks Research raised shares of Shake Shack from a “strong sell” rating to a “hold” rating in a research report on Monday, March 9th. Finally, Truist Financial upped their price objective on shares of Shake Shack from $144.00 to $148.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. Sixteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $94.56.

Shake Shack Stock Performance

Shake Shack stock traded down $2.39 on Thursday, reaching $53.14. 1,211,071 shares of the stock were exchanged, compared to its average volume of 1,798,403. The stock has a market cap of $2.27 billion, a PE ratio of 54.22, a PEG ratio of 2.41 and a beta of 1.63. The company has a current ratio of 1.69, a quick ratio of 1.66 and a debt-to-equity ratio of 0.45. Shake Shack has a twelve month low of $53.10 and a twelve month high of $144.65. The firm has a fifty day moving average price of $82.77 and a two-hundred day moving average price of $86.99.

Insider Transactions at Shake Shack

In other Shake Shack news, Director Jeffrey Flug purchased 1,000 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was purchased at an average price of $61.30 per share, with a total value of $61,300.00. Following the completion of the transaction, the director directly owned 5,470 shares of the company’s stock, valued at approximately $335,311. This trade represents a 22.37% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Daniel Harris Meyer purchased 32,258 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was acquired at an average cost of $61.88 per share, with a total value of $1,996,125.04. Following the transaction, the director directly owned 378,670 shares of the company’s stock, valued at approximately $23,432,099.60. This represents a 9.31% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders have acquired 50,616 shares of company stock valued at $3,109,782. Corporate insiders own 8.32% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Intech Investment Management LLC raised its position in Shake Shack by 40.1% in the fourth quarter. Intech Investment Management LLC now owns 77,916 shares of the company’s stock worth $6,324,000 after purchasing an additional 22,287 shares in the last quarter. Divisadero Street Capital Management LP raised its position in Shake Shack by 407.8% in the third quarter. Divisadero Street Capital Management LP now owns 56,985 shares of the company’s stock worth $5,334,000 after purchasing an additional 45,762 shares in the last quarter. Public Sector Pension Investment Board raised its position in Shake Shack by 14.5% in the third quarter. Public Sector Pension Investment Board now owns 156,998 shares of the company’s stock worth $14,697,000 after purchasing an additional 19,889 shares in the last quarter. Madison Asset Management LLC raised its position in Shake Shack by 37.3% in the fourth quarter. Madison Asset Management LLC now owns 58,404 shares of the company’s stock worth $4,741,000 after purchasing an additional 15,852 shares in the last quarter. Finally, 12 West Capital Management LP raised its position in Shake Shack by 13.6% in the third quarter. 12 West Capital Management LP now owns 1,753,595 shares of the company’s stock worth $164,154,000 after purchasing an additional 210,000 shares in the last quarter. Institutional investors and hedge funds own 86.07% of the company’s stock.

Shake Shack News Roundup

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

• Negative Sentiment: Shake Shack reduced its FY26 guidance, including lower revenue, same-store sales, margin, and EBITDA expectations, signaling softer near-term fundamentals. Shake Shack Cuts FY26 Guidance Amid Macro Uncertainty, Stock Down
• Negative Sentiment: Multiple analysts lowered price targets after the guidance reset, including Robert W. Baird and Gordon Haskett, reinforcing a more cautious view on the stock. Analyst price target changes
• Negative Sentiment: Several investor investigations were announced following the guidance cut, adding overhang and highlighting concerns about whether the company adequately disclosed deteriorating trends. Pomerantz Law Firm Investigation
• Neutral Sentiment: Shake Shack remains covered by analysts with a generally mixed-to-moderate buy consensus, but that support has been overshadowed by the recent operational downgrade. Consensus Rating of Moderate Buy

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.