Shake Shack (NYSE:SHAK) Research Coverage Started at BNP Paribas Exane

BNP Paribas Exane started coverage on shares of Shake Shack (NYSE:SHAK) in a research report sent to investors on Monday, Marketbeat.com reports. The brokerage issued an outperform rating and a $124.00 price target on the stock.

A number of other equities analysts have also recently issued reports on SHAK. Weiss Ratings restated a “hold (c)” rating on shares of Shake Shack in a research report on Wednesday, January 21st. TD Cowen lifted their price objective on Shake Shack from $100.00 to $105.00 and gave the stock a “hold” rating in a research report on Thursday, February 26th. Truist Financial increased their target price on Shake Shack from $144.00 to $148.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Wolfe Research initiated coverage on Shake Shack in a report on Monday, March 9th. They issued an “outperform” rating and a $118.00 price target for the company. Finally, Raymond James Financial set a $140.00 price objective on Shake Shack in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and fifteen have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $117.61.

Shake Shack Stock Performance

SHAK opened at $90.81 on Monday. Shake Shack has a 1-year low of $72.93 and a 1-year high of $144.65. The stock has a market cap of $3.88 billion, a P/E ratio of 83.31, a P/E/G ratio of 4.71 and a beta of 1.73. The stock’s 50 day simple moving average is $91.47 and its 200 day simple moving average is $90.59. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.76 and a quick ratio of 1.73.

Shake Shack (NYSE:SHAK) last posted its earnings results on Thursday, February 26th. The company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.02. The company had revenue of $400.53 million for the quarter, compared to the consensus estimate of $402.06 million. Shake Shack had a return on equity of 11.08% and a net margin of 3.16%.Shake Shack’s quarterly revenue was up 21.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.26 earnings per share. As a group, equities analysts anticipate that Shake Shack will post 1.26 EPS for the current fiscal year.

Institutional Trading of Shake Shack

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Corient Private Wealth LLC lifted its holdings in shares of Shake Shack by 216.9% during the 4th quarter. Corient Private Wealth LLC now owns 13,076 shares of the company’s stock worth $1,061,000 after acquiring an additional 8,950 shares during the period. Alberta Investment Management Corp purchased a new stake in Shake Shack in the fourth quarter valued at approximately $1,201,000. Empowered Funds LLC acquired a new position in Shake Shack during the fourth quarter worth approximately $100,000. XTX Topco Ltd increased its position in Shake Shack by 1,485.4% during the fourth quarter. XTX Topco Ltd now owns 39,745 shares of the company’s stock worth $3,226,000 after purchasing an additional 37,238 shares during the last quarter. Finally, Susquehanna Portfolio Strategies LLC raised its stake in Shake Shack by 53.5% during the fourth quarter. Susquehanna Portfolio Strategies LLC now owns 99,778 shares of the company’s stock worth $8,099,000 after purchasing an additional 34,776 shares during the period. Hedge funds and other institutional investors own 86.07% of the company’s stock.

Shake Shack News Roundup

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

• Positive Sentiment: Bank of America upgraded SHAK to Neutral from Underperform and raised its price target to $101, citing company initiatives (marketing, menu and operations) that should support the stock. BofA raises Shake Shack to Neutral on company initiatives, shares rise
• Positive Sentiment: Jefferies upgraded SHAK to Neutral and lifted its price target to $101 (from $83.53), highlighting mid-teens US net unit growth potential and improved cost controls. Analyst upgrades are driving buy-side interest. Shake Shack upgrade reflects confidence in menu innovation, cost controls
• Positive Sentiment: Bullish research (Seeking Alpha, Zacks) argues SHAK is a top growth name: expectations for aggressive expansion (95–105 new stores in 2026 cited by Seeking Alpha), improving margins and cash-flow inflection support rerating potential. Shake Shack: Accelerating Growth And Cash Flow Inflection Support Re-Rating
• Positive Sentiment: Barron’s notes Shake Shack is leaning into a loyalty program and tech investments—moves that can boost frequency, AUVs and margins over time if adoption scales. Shake Shack Leans on Loyalty Program and Tech to Drive Growth
• Positive Sentiment: Local expansion: new Shake Shack openings in Sunnyvale and Mountain View add to the unit-growth story and local marketing momentum. Store launches can validate unit economics and drive nearby traffic. Shake Shack Burger Blitz Hits Sunnyvale And Mountain View
• Neutral Sentiment: BNP Paribas Exane initiated coverage on SHAK (coverage initiation can increase attention/liquidity; directional impact depends on the firm’s stance). Shake Shack (NYSE:SHAK) Coverage Initiated at BNP Paribas Exane
• Neutral Sentiment: Menu promotions (Masters‑inspired pimento cheese and new sandwiches) are getting positive press and reviews—helpful for short-term traffic but less certain as a sustained growth driver. Review: Shake Shack’s Masters-Inspired Clubhouse Pimento Cheese Menu Earns The Green Jacket

About Shake Shack

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.