Recent Investment Analysts’ Ratings Updates for Shake Shack (SHAK)

Shake Shack (NYSE: SHAK) has recently received a number of price target changes and ratings updates:

• 3/2/2026 – Shake Shack had its price target raised by Truist Financial Corporation from $144.00 to $148.00. They now have a “buy” rating on the stock.
• 2/27/2026 – Shake Shack had its price target raised by Wells Fargo & Company from $90.00 to $100.00. They now have an “equal weight” rating on the stock.
• 2/27/2026 – Shake Shack had its price target raised by Robert W. Baird from $104.00 to $108.00. They now have a “neutral” rating on the stock.
• 2/26/2026 – Shake Shack had its price target raised by TD Cowen from $100.00 to $105.00. They now have a “hold” rating on the stock.
• 2/3/2026 – Shake Shack was downgraded by Truist Financial Corporation from “strong-buy” to “hold”.
• 1/21/2026 – Shake Shack had its “hold (c)” rating reaffirmed by Weiss Ratings.
• 1/21/2026 – Shake Shack was given a new $140.00 price target by Raymond James Financial, Inc..
• 1/21/2026 – Shake Shack had its “strong-buy” rating reaffirmed by Raymond James Financial, Inc..
• 1/20/2026 – Shake Shack was upgraded by Morgan Stanley from “equal weight” to “overweight”. They now have a $125.00 price target on the stock, up from $115.00.
• 1/15/2026 – Shake Shack was downgraded by Zacks Research from “hold” to “strong sell”.
• 1/7/2026 – Shake Shack had its price target lowered by Barclays PLC from $115.00 to $110.00. They now have an “overweight” rating on the stock.
• 1/6/2026 – Shake Shack was upgraded by Deutsche Bank Aktiengesellschaft from “hold” to “buy”. They now have a $105.00 price target on the stock.

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.