On June 2, 2025, Keybanc initiated coverage on Shake Shack (SHAK, Financial), assigning the stock a "Sector Weight" rating. The initiation by analyst Christopher Carril did not include a price target for the stock at this time.
Shake Shack, the popular fast-casual restaurant chain known for its burgers and shakes, now falls under the analysis of Keybanc, providing market participants with a new perspective from a leading brokerage.
The "Sector Weight" rating suggests that, according to Keybanc, Shake Shack (SHAK, Financial) is expected to perform in line with the broader sector in the medium term. Investors and market watchers may want to consider this rating when evaluating the potential performance of SHAK within their portfolios.
While Shake Shack (SHAK, Financial) did not receive a specific price target, the coverage by Keybanc adds another layer of analyst insight to the company's market dynamics. This initiation could influence investor sentiment and trading activity as the market digests the new rating information.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 21 analysts, the average target price for Shake Shack Inc (SHAK, Financial) is $114.62 with a high estimate of $145.00 and a low estimate of $89.00. The average target implies an downside of 11.69% from the current price of $129.79. More detailed estimate data can be found on the Shake Shack Inc (SHAK) Forecast page.
Based on the consensus recommendation from 24 brokerage firms, Shake Shack Inc's (SHAK, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Shake Shack Inc (SHAK, Financial) in one year is $104.79, suggesting a downside of 19.26% from the current price of $129.79. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Shake Shack Inc (SHAK) Summary page.
