BNP Paribas Exane Cuts Shake Shack (NYSE:SHAK) Price Target to $100.00

Shake Shack (NYSE:SHAK) had its target price lowered by BNP Paribas Exane from $124.00 to $100.00 in a report published on Friday morning,Benzinga reports. The brokerage currently has an outperform rating on the stock.

A number of other equities research analysts also recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $117.00 price target on shares of Shake Shack in a report on Wednesday, April 15th. Wells Fargo & Company lowered their price target on shares of Shake Shack from $100.00 to $80.00 and set an “equal weight” rating on the stock in a report on Friday. Barclays lowered their price target on shares of Shake Shack from $118.00 to $96.00 and set an “overweight” rating on the stock in a report on Friday. Guggenheim began coverage on shares of Shake Shack in a report on Friday, April 24th. They issued a “buy” rating and a $120.00 price target on the stock. Finally, Bank of America raised shares of Shake Shack from an “underperform” rating to a “neutral” rating and raised their target price for the company from $88.00 to $101.00 in a research note on Tuesday, March 31st. One 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 MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $107.92.

Shake Shack Stock Performance

Shares of Shake Shack stock opened at $70.14 on Friday. Shake Shack has a 12-month low of $67.21 and a 12-month high of $144.65. The company has a market cap of $2.99 billion, a price-to-earnings ratio of 71.57, a PEG ratio of 2.93 and a beta of 1.78. The company has a current ratio of 1.69, a quick ratio of 1.66 and a debt-to-equity ratio of 0.45. The company’s 50-day moving average price is $94.14 and its 200-day moving average price is $91.01.

Shake Shack (NYSE:SHAK) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.00 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.11). Shake Shack had a return on equity of 9.62% and a net margin of 2.76%.The firm had revenue of $366.74 million during the quarter, compared to analysts’ expectations of $372.43 million. During the same period in the previous year, the company posted $0.14 earnings per share. The company’s quarterly revenue was up 14.3% compared to the same quarter last year. On average, equities analysts expect that Shake Shack will post 1.3 earnings per share for the current fiscal year.

Insider Activity at Shake Shack

In other Shake Shack news, insider Stephanie Ann Sentell sold 258 shares of Shake Shack stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $102.21, for a total transaction of $26,370.18. Following the transaction, the insider directly owned 15,084 shares of the company’s stock, valued at approximately $1,541,735.64. This trade represents a 1.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 8.32% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in SHAK. Swedbank AB purchased a new position in shares of Shake Shack during the fourth quarter worth approximately $84,092,000. Adage Capital Partners GP L.L.C. purchased a new position in shares of Shake Shack in the fourth quarter worth $40,829,000. Wellington Management Group LLP increased its stake in shares of Shake Shack by 21.0% in the third quarter. Wellington Management Group LLP now owns 2,590,911 shares of the company’s stock worth $242,535,000 after buying an additional 450,406 shares during the period. Marshall Wace LLP boosted its holdings in Shake Shack by 285.2% in the third quarter. Marshall Wace LLP now owns 586,999 shares of the company’s stock valued at $54,949,000 after acquiring an additional 434,625 shares in the last quarter. Finally, Renaissance Technologies LLC bought a new stake in Shake Shack in the fourth quarter valued at $20,455,000. 86.07% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Shake Shack

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.