Shake Shack (SHAK, Financial) received a positive update from Wells Fargo as the financial services company maintained its "Equal-Weight" rating on the popular fast-casual restaurant chain. The decision to maintain the rating comes amidst a competitive food service industry landscape.
In a noteworthy action, analyst Anthony Trainor of Wells Fargo raised the price target for Shake Shack (SHAK, Financial) shares from $115.00 to $125.00 USD. This adjustment reflects an 8.70% increase in the price target, signalling improved confidence in the company's future performance.
This update from Wells Fargo highlights a growing optimism in the market potential for Shake Shack (SHAK, Financial), even as it maintains its current rating. Investors are encouraged to note this targeted increase as a key factor in future trading decisions regarding Shake Shack (SHAK).
The announcement was made on July 17, 2025, and represents the latest evaluation from Wells Fargo in its ongoing analysis of Shake Shack (SHAK, Financial).
Wall Street Analysts Forecast
Based on the one-year price targets offered by 20 analysts, the average target price for Shake Shack Inc (SHAK, Financial) is $128.15 with a high estimate of $166.00 and a low estimate of $97.00. The average target implies an downside of 5.05% from the current price of $134.97. More detailed estimate data can be found on the Shake Shack Inc (SHAK) Forecast page.
Based on the consensus recommendation from 25 brokerage firms, Shake Shack Inc's (SHAK, Financial) average brokerage recommendation is currently 2.4, 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 $106.00, suggesting a downside of 21.46% from the current price of $134.97. 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.
