The latest price target for Shake Shack (NYSE:SHAK) was reported by Truist Securities on November 1, 2024. The analyst firm set a price target for $144.00 expecting SHAK to rise to within 12 months (a possible 20.99% upside). 60 analyst firms have reported ratings in the last year.

The latest analyst rating for Shake Shack (NYSE:SHAK) was provided by Truist Securities, and Shake Shack maintained their buy rating.

The last upgrade for Shake Shack Inc happened on March 7, 2024 when TD Cowen raised their price target to $125. TD Cowen previously had a market perform for Shake Shack Inc.

The last downgrade for Shake Shack Inc happened on August 19, 2024 when Piper Sandler changed their price target from $121 to $114 for Shake Shack Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Shake Shack, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Shake Shack was filed on November 1, 2024 so you should expect the next rating to be made available sometime around November 1, 2025.

While ratings are subjective and will change, the latest Shake Shack (SHAK) rating was a maintained with a price target of $127.00 to $144.00. The current price Shake Shack (SHAK) is trading at is $119.02, which is out of the analyst’s predicted range.