Zacks Research Increases Earnings Estimates for Shake Shack

Shake Shack, Inc. (NYSE:SHAK) – Investment analysts at Zacks Research upped their Q2 2027 earnings per share estimates for shares of Shake Shack in a report released on Wednesday, August 19th. Zacks Research analyst Team now forecasts that the company will post earnings of $0.45 per share for the quarter, up from their previous estimate of $0.43. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Shake Shack’s current full-year earnings is $1.13 per share. Zacks Research also issued estimates for Shake Shack’s Q3 2027 earnings at $0.37 EPS, Q4 2027 earnings at $0.42 EPS and FY2027 earnings at $1.31 EPS.

Several other brokerages also recently issued reports on SHAK. Stifel Nicolaus upgraded shares of Shake Shack from a “hold” rating to a “buy” rating and lowered their price objective for the stock from $105.00 to $85.00 in a research note on Friday, May 8th. BNP Paribas Exane upped their target price on shares of Shake Shack from $77.00 to $81.00 and gave the company an “outperform” rating in a research note on Thursday, August 6th. Guggenheim reduced their price target on shares of Shake Shack from $120.00 to $100.00 and set a “buy” rating for the company in a report on Monday, May 11th. Raymond James Financial lowered shares of Shake Shack from a “strong-buy” rating to an “outperform” rating and decreased their price target for the stock from $125.00 to $85.00 in a research report on Wednesday, June 3rd. Finally, BTIG Research restated a “neutral” rating on shares of Shake Shack in a report on Wednesday, May 20th. Fifteen analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $89.74.

Shake Shack Stock Up 0.9%

Shares of SHAK stock opened at $73.96 on Friday. Shake Shack has a 12 month low of $51.60 and a 12 month high of $107.49. The company has a quick ratio of 1.64, a current ratio of 1.67 and a debt-to-equity ratio of 0.43. The firm has a market cap of $3.17 billion, a PE ratio of 78.68, a price-to-earnings-growth ratio of 8.01 and a beta of 1.63. The stock has a 50 day moving average of $61.76 and a 200-day moving average of $76.69.

Shake Shack (NYSE:SHAK) last released its earnings results on Wednesday, August 5th. The company reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.12. The firm had revenue of $417.62 million for the quarter, compared to analyst estimates of $417.18 million. Shake Shack had a return on equity of 9.29% and a net margin of 2.56%.The company’s revenue was up 17.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.44 EPS.

Institutional Trading of Shake Shack

Several institutional investors have recently modified their holdings of the company. Hilton Head Capital Partners LLC acquired a new position in shares of Shake Shack in the fourth quarter valued at $25,000. Geneos Wealth Management Inc. acquired a new stake in Shake Shack during the first quarter worth $26,000. Assetmark Inc. increased its holdings in Shake Shack by 457.6% in 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 period. UMB Bank n.a. increased its holdings in Shake Shack by 42.2% in 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 period. Finally, Advisory Services Network LLC bought a new stake in Shake Shack in the 3rd quarter valued at $38,000. Institutional investors and hedge funds own 86.07% of the company’s stock.

Key Shake Shack News

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

• Positive Sentiment: Higher medium-term earnings forecasts: Zacks Research raised its FY2026 EPS estimate to $1.15 from $1.13, its Q2 2027 estimate to $0.45 from $0.43, its Q3 2027 estimate to $0.37 from $0.36, its Q4 2027 estimate to $0.42 from $0.40, and its FY2027 forecast to $1.31 from $1.26. These revisions suggest expectations for improving profitability and support the bullish case for SHAK.
• Positive Sentiment: Traffic and unit growth remain catalysts: A Seeking Alpha analysis argued that Shake Shack’s customer traffic and restaurant expansion support a positive long-term outlook, although it noted that margins must improve. Shake Shack: Traffic And Unit Growth Support Buy, But Margins Still Need To Catch Up
• Positive Sentiment: Brand and beverage marketing: Recent coverage highlighted Shake Shack’s efforts to build consumer engagement around its beverage offerings, potentially supporting sales, traffic and brand visibility. How Shake Shack is Owning the Beverage Conversation
• Neutral Sentiment: Zacks maintained a Hold rating: Despite several upward estimate revisions, the firm did not change its investment rating. The consensus estimate for the current year remains $1.13 EPS, indicating that the revisions have not yet produced a broad analyst-rating shift.
• Negative Sentiment: Longer-term estimates were reduced: Zacks cut its Q1 2028 EPS forecast to $0.20 from $0.23, Q2 2028 to $0.49 from $0.51, and FY2028 to $1.57 from $1.68. The reductions imply some concern about the pace of future earnings growth.
• Negative Sentiment: Pricing power and margins are concerns: Seeking Alpha described weakening pricing power and downgraded the shares, while separate commentary warned that margins have not yet caught up with traffic and unit growth. These issues are important because SHAK’s premium valuation depends on sustained profit expansion. Shake Shack: Pricing Power Is Weakening (Downgrade)

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.