In the last three months, 18 analysts have published ratings on Shake Shack (NYSE:SHAK), offering a diverse range of perspectives from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 9 0 7 2 0 Last 30D 0 0 1 0 0 1M Ago 1 0 2 0 0 2M Ago 5 0 0 1 0 3M Ago 3 0 4 1 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $113.33, a high estimate of $125.00, and a low estimate of $90.00. Witnessing a positi

Wedbush analyst Nick Setyan maintains Shake Shack (NYSE:SHAK) with a Neutral and lowers the price target from $110 to $90.

B of A Securities analyst Sara Senatore maintains Shake Shack (NYSE:SHAK) with a Neutral and lowers the price target from $116 to $96.

Morgan Stanley analyst Brian Harbour maintains Shake Shack (NYSE:SHAK) with a Equal-Weight and lowers the price target from $108 to $100.

As the market transitions into the second half of 2024, JPMorgan’s equity research analysts have identified several companies they believe are ready to be shorted. Their picks span different sectors, each presenting unique challenges that could impact stock performance. Here’s a closer look at three of their top short ideas: Beyond Meat Inc. (NASDAQ:BYND) Analyst Kenneth Goldman is Underweight Beyond Meat stock. Goldman’s Rationale: Consumers are increasingly moving away from alternative meat products and Beyond Meat is struggling to adapt. The company remains unprofitable, making it a candidate for shorting. Goldman’s view is Beyond Meat’s challenges are likely to persist,

Truist Securities analyst Jake Bartlett maintains Shake Shack (NYSE:SHAK) with a Buy and raises the price target from $124 to $125.

Ratings for Shake Shack (NYSE:SHAK) were provided by 21 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 12 2 5 2 0 Last 30D 1 0 0 0 0 1M Ago 4 0 0 1 0 2M Ago 3 0 4 1 0 3M Ago 4 2 1 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $117.57, a high estimate of $125.00, and a low estimate of $102.00. This upward trend i

TD Cowen analyst Andrew Charles reiterates Shake Shack (NYSE:SHAK) with a Buy and maintains $125 price target.

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Piper Sandler downgraded Shake Shack from Overweight to Neutral and set a new price target of $114.00 from $121.00 previously

CapitalOne initiated coverage of Shake Shack with a rating of Overweight and set a new price target of $95.00

Goldman initiated coverage of Shake Shack with a rating of Buy and set a new price target of $110.00

Oppenheimer reiterated coverage of Shake Shack with a rating of Outperform and set a new price target of $120.00 from $108.00 previously

TD Cowen upgraded Shake Shack from Market Perform to Outperform and set a new price target of $125.00 from $91.00 previously

HSBC Securities initiated coverage of Shake Shack with a rating of Hold and set a new price target of $74.00

Raymond James upgraded Shake Shack from Outperform to Strong Buy and set a new price target of $78.00

Deutsche Bank initiated coverage of Shake Shack with a rating of Hold and set a new price target of $62.00

BofA Securities initiated coverage of Shake Shack with a rating of Neutral and set a new price target of $66.00

Northcoast upgraded Shake Shack from Neutral to Buy and set a new price target of $85.00

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Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK), today announced that Rob Lynch, Chief Executive Officer, and Katherine Fogertey, Chief Financial Officer, will be participating in the following investor conferences: On Thursday, November 14, 2024, the Company will be meeting with institutional investors at the Deutsche Bank 2024 Gaming, Lodging, Leisure & Restaurants One on One Conference in Miami, FL. On Tuesday, December 3, 2024, the Company will host a fireside chat at the Morgan Stanley Global Consumer and Retail Conference in New York, NY. The fireside chat will begin at 9:30 a.m. Eastern Time. On Wednesday, December 4, 2024, the Company will host a fireside ch

Total revenue of $316.9 million, up 14.7% versus 2023, including $304.9 million of Shack sales and $12.0 million of Licensing revenue. System-wide sales of $495.1 million, up 12.8% versus 2023. Same-Shack sales up 4.4% versus 2023. Operating loss of $18.0 million, inclusive of a $29.1 million charge for Impairments, loss on disposal of assets, and Shack closures, versus operating income of $5.7 million in 2023. Restaurant-level profit(1) of $64.2 million, or 21.0% of Shack sales. Net loss of $11.1 million, inclusive of a $29.1 million charge for Impairments, loss on disposal of assets, and Shack closures, versus net income of $8.1 million in 2023. Adjusted EBITDA(1) of $45.8

Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK), will release third quarter 2024 financial results on October 30, 2024, before the market opens. In conjunction with the earnings release, Shake Shack will host a conference call at 8:00 a.m. ET. Hosting the call will be Rob Lynch, Chief Executive Officer, and Katie Fogertey, Chief Financial Officer. The conference call can be accessed live over the phone by dialing (877) 407-0792, or for international callers by dialing (201) 689-8263. A replay of the call will be available until November 6, 2024 by dialing (844) 512-2921 or for international callers by dialing (412) 317-6671; the passcode is 13748716. The live audio webcast o

Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK), today announced that Rob Lynch, Chief Executive Officer, and Katherine Fogertey, Chief Financial Officer, will be participating in the following investor conferences: On Wednesday, September 4, 2024, the Company will host a fireside chat at Goldman Sach's 31st Annual Global Retailing Conference. The fireside chat will begin at 3:15 p.m. Eastern Time. On Tuesday, September 17, 2024, the Company will host a fireside chat at TD Cowen's Sip, Snack and Scrub Summit. The fireside chat will begin at 1:25 p.m. Eastern Time. The fireside chats will be webcasted and available on the Company's Investor Relations website at http:/

Select Shake Shack customers in the Los Angeles area may receive their next order via a Serve robotServe continues to make progress towards its commitment to deploy up to 2,000 AI-powered sidewalk delivery robots on the Uber platformSAN FRANCISCO, Aug. 14, 2024 /PRNewswire/ -- Serve Robotics Inc. ("Serve") (NASDAQ:SERV), a leading autonomous sidewalk delivery company, and Shake Shack Inc. ("Shake Shack") (NYSE:SHAK) today announced a partnership to deliver Shake Shack using Serve's autonomous delivery robots via Uber Eats, the delivery platform of Uber Technologies Inc. (NYSE:UBER).

Total revenue of $316.5 million, up 16.4% versus 2023, including $305.5 million of Shack sales and $11.0 million of Licensing revenue. System-wide sales of $483.7 million, up 13.5% versus 2023. Same-Shack sales up 4.0% versus 2023. Operating income of $10.8 million versus $4.7 million in 2023. Restaurant-level profit(1) of $67.1 million, or 22.0% of Shack sales. Net income of $10.4 million versus $7.2 million in 2023. Adjusted EBITDA(1) of $47.2 million, up 27.4% versus 2023. Net income attributable to Shake Shack Inc. of $9.7 million, or earnings of $0.23 per diluted share. Adjusted pro forma net income(1) of $12.1 million, or earnings of $0.27 per fully exchang

Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK), will release second quarter 2024 financial results on August 1, 2024, before the market opens. In conjunction with the earnings release, Shake Shack will host a conference call at 8:00 a.m. ET. Hosting the call will be Rob Lynch, Chief Executive Officer, and Katie Fogertey, Chief Financial Officer. The conference call can be accessed live over the phone by dialing (877) 407-0792, or for international callers by dialing (201) 689-8263. A replay of the call will be available until August 8, 2024 by dialing (844) 512-2921 or for international callers by dialing (412) 317-6671; the passcode is 13746900. The live audio webcast of

Sentell Brings Proven Leadership, Operational Innovation and Strong P&L Experience to the Company Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK) today announced that it has appointed Stephanie Sentell to the role of Chief Operations Officer, effective July 1, 2024. Stephanie is a seasoned restaurant executive and most recently served as Senior Vice President of Company Operations at Inspire Brands, where she oversaw the operations of more than 1,100 company-owned Arby's restaurants and led 22,000 restaurant team members across the United States. "I have known Stephanie for more than 10 years and she is one of the most dynamic and compassionate leaders that I have ever wor

Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK), today announced that Katherine Fogertey, Chief Financial Officer, will be participating in the following investor conferences: On Wednesday, June 5, 2024, the Company will host a fireside chat at TD Cowen's 8th Annual Future of the Consumer Conference. The fireside chat will begin at 10:50 a.m. Eastern Time. On Thursday, June 6, 2024, the Company will host a fireside chat at Baird's 2024 Global Consumer, Technology & Services Conference. The fireside chat will begin at 10:15 a.m. Eastern Time. On Monday, June 10, 2024, the Company will host a virtual fireside chat at Oppenheimer's 24th Annual Consumer Growth & E-Comme

Total revenue of $290.5 million, up 14.7% versus 2023, including $280.6 million of Shack sales and $9.9 million of Licensing revenue. System-wide sales of $443.3 million, up 12.3% versus 2023. Same-Shack sales up 1.6% versus 2023, with trends improving each month of the quarter. April SSS grew 4.9% year-over-year. Operating income of $0.0 million, versus an operating loss of $3.2 million in 2023. Restaurant-level profit(1) of $54.7 million, or 19.5% of Shack sales. Net income of $2.2 million versus a net loss of $1.6 million in 2023. Adjusted EBITDA(1) of $35.9 million, up 30.2% versus 2023. Net income attributable to Shake Shack Inc. of $2.0 million, or earnings o

Sentell Brings Proven Leadership, Operational Innovation and Strong P&L Experience to the Company Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK) today announced that it has appointed Stephanie Sentell to the role of Chief Operations Officer, effective July 1, 2024. Stephanie is a seasoned restaurant executive and most recently served as Senior Vice President of Company Operations at Inspire Brands, where she oversaw the operations of more than 1,100 company-owned Arby's restaurants and led 22,000 restaurant team members across the United States. "I have known Stephanie for more than 10 years and she is one of the most dynamic and compassionate leaders that I have ever wor

Joe & the Juice ("the Company"), an urban juice bar and coffee concept selling freshly prepared juices, shakes, sandwiches, and coffee using natural and organic ingredients, today announced that Jeffrey Lawrence, a seasoned foodservice, consumer retail, franchising, and technology industry executive, has joined the Company's Board of Directors. Mr. Lawrence's appointment will support Joe & the Juice as it further accelerates its growth and expansion in international markets. Mr. Lawrence brings more than 25 years of leadership experience in building and franchising digitally enabled foodservice and consumer brands. He previously served in global senior leadership roles at Domino's Pizza (

Xponential Fitness, Inc. (NYSE:XPOF) ("Xponential" or "the Company), the largest global franchisor of health and wellness brands, today announced that Jeffrey Lawrence has been appointed to the Company's Board of Directors, effective April 10, 2024. Mr. Lawrence will serve on the Board's Audit Committee. Mark Grabowski, Chairman of the Board of Xponential, said, "Jeff is an accomplished executive and board member with decades of leadership experience at some of the most well-known consumer brands, including Domino's, FIGS and Shake Shack. In addition to his deep financial acumen and track record of value creation, he brings expertise in executing franchise expansions on a global scale. We

Randy Garutti to support CEO transition and remain as advisor through 2024 Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK) today announced that its Board of Directors has appointed Rob Lynch to the role of Chief Executive Officer and board member, effective May 20, 2024. Mr. Lynch currently serves as President and CEO of Papa John's International, Inc. and under his leadership, the Company has achieved record global system-wide sales. Mr. Lynch will succeed Randy Garutti who will continue as the Company's CEO through May 20, 2024, which will also be his final day serving on the Board, before transitioning to an advisor through the end of this year to ensure a smooth transiti

Chapman is the former COO of Panera Bread and International Dairy Queen and the current CEO of Tatte Bakery & Cafe Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK) today announced the appointment of Chuck Chapman to its Board of Directors, effective July 24, 2023. "We are delighted to name Chuck to our Board of Directors," stated Randy Garutti, CEO of Shake Shack. "Chuck's proven track record of leadership and operations, spanning so many successful restaurant brands, will be invaluable to the Board and our team. We look forward to his guidance and fervor as we drive Shake Shack forward into the future." "I am honored to join the Board of this industry-leading restaurant

Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK) today announced the appointment of Lori George Billingsley to its Board of Directors, effective October 17, 2022. Billingsley has been named to the Nominating & Corporate Governance Committee of the Board. She will become the eleventh member of Shake Shack's Board of Directors, following Tristan Walker's appointment in 2020. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221019005253/en/(Photo: Business Wire) "We are pleased to name Lori to Shake Shack's Board of Directors," said Randy Garutti, Shake Shack CEO. "Looking towards the future of Shake Shack, Lori's breadth

NEW YORK--(BUSINESS WIRE)--Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE:SHAK) today announced that Katherine Fogertey has been appointed to serve as the Company’s Chief Financial Officer, effective June 14, 2021. Katie joins Shake Shack’s executive leadership team and will be responsible for leading financial operations across the Company, including accounting and control, financial planning and analysis, operations finance, investor relations and external reporting. Katie brings to Shake Shack more than 15 years of financial and investment experience, including equity and derivatives research, financial modeling and forecasting, and a deep understanding and focus on the

Total revenue of $316.9 million, up 14.7% versus 2023, including $304.9 million of Shack sales and $12.0 million of Licensing revenue. System-wide sales of $495.1 million, up 12.8% versus 2023. Same-Shack sales up 4.4% versus 2023. Operating loss of $18.0 million, inclusive of a $29.1 million charge for Impairments, loss on disposal of assets, and Shack closures, versus operating income of $5.7 million in 2023. Restaurant-level profit(1) of $64.2 million, or 21.0% of Shack sales. Net loss of $11.1 million, inclusive of a $29.1 million charge for Impairments, loss on disposal of assets, and Shack closures, versus net income of $8.1 million in 2023. Adjusted EBITDA(1) of $45.8

Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK), will release third quarter 2024 financial results on October 30, 2024, before the market opens. In conjunction with the earnings release, Shake Shack will host a conference call at 8:00 a.m. ET. Hosting the call will be Rob Lynch, Chief Executive Officer, and Katie Fogertey, Chief Financial Officer. The conference call can be accessed live over the phone by dialing (877) 407-0792, or for international callers by dialing (201) 689-8263. A replay of the call will be available until November 6, 2024 by dialing (844) 512-2921 or for international callers by dialing (412) 317-6671; the passcode is 13748716. The live audio webcast o

Total revenue of $316.5 million, up 16.4% versus 2023, including $305.5 million of Shack sales and $11.0 million of Licensing revenue. System-wide sales of $483.7 million, up 13.5% versus 2023. Same-Shack sales up 4.0% versus 2023. Operating income of $10.8 million versus $4.7 million in 2023. Restaurant-level profit(1) of $67.1 million, or 22.0% of Shack sales. Net income of $10.4 million versus $7.2 million in 2023. Adjusted EBITDA(1) of $47.2 million, up 27.4% versus 2023. Net income attributable to Shake Shack Inc. of $9.7 million, or earnings of $0.23 per diluted share. Adjusted pro forma net income(1) of $12.1 million, or earnings of $0.27 per fully exchang

Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK), will release second quarter 2024 financial results on August 1, 2024, before the market opens. In conjunction with the earnings release, Shake Shack will host a conference call at 8:00 a.m. ET. Hosting the call will be Rob Lynch, Chief Executive Officer, and Katie Fogertey, Chief Financial Officer. The conference call can be accessed live over the phone by dialing (877) 407-0792, or for international callers by dialing (201) 689-8263. A replay of the call will be available until August 8, 2024 by dialing (844) 512-2921 or for international callers by dialing (412) 317-6671; the passcode is 13746900. The live audio webcast of

Total revenue of $290.5 million, up 14.7% versus 2023, including $280.6 million of Shack sales and $9.9 million of Licensing revenue. System-wide sales of $443.3 million, up 12.3% versus 2023. Same-Shack sales up 1.6% versus 2023, with trends improving each month of the quarter. April SSS grew 4.9% year-over-year. Operating income of $0.0 million, versus an operating loss of $3.2 million in 2023. Restaurant-level profit(1) of $54.7 million, or 19.5% of Shack sales. Net income of $2.2 million versus a net loss of $1.6 million in 2023. Adjusted EBITDA(1) of $35.9 million, up 30.2% versus 2023. Net income attributable to Shake Shack Inc. of $2.0 million, or earnings o

Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK), will release first quarter 2024 financial results on May 2, 2024, before the market opens. In conjunction with the earnings release, Shake Shack will host a conference call at 8:00 a.m. ET. Hosting the call will be Randy Garutti, Chief Executive Officer, and Katherine Fogertey, Chief Financial Officer. The conference call can be accessed live over the phone by dialing (877) 407-0792, or for international callers by dialing (201) 689-8263. A replay of the call will be available until May 9, 2024 by dialing (844) 512-2921 or for international callers by dialing (412) 317-6671; the passcode is 13745222. The live audio webcast o

Financial Highlights for the Fourth Quarter 2023: Total revenue of $286.2 million, up 20.0% versus 2022, including $275.8 million of Shack sales and $10.5 million of Licensing revenue. System-wide sales of $442.1 million, up 21.4% versus 2022. Same-Shack sales up 2.8% versus 2022. Operating loss of $1.3 million. Shack-level operating profit(1) of $54.6 million, or 19.8% of Shack sales. Net income of $6.8 million. Adjusted EBITDA(1) of $31.4 million. Net income attributable to Shake Shack Inc. of $6.8 million, or earnings of $0.15 per diluted share. Adjusted pro forma net income(1) of $1.0 million, or earnings of $0.02 per fully exchanged and diluted share.

Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK), will release fourth quarter and fiscal year 2023 financial results on February 15, 2024, before the market opens. In conjunction with the earnings release, Shake Shack will host a conference call at 8:00 a.m. ET. Hosting the call will be Randy Garutti, Chief Executive Officer, and Katherine Fogertey, Chief Financial Officer. The conference call can be accessed live over the phone by dialing (877) 407-0792, or for international callers by dialing (201) 689-8263. A replay of the call will be available until February 22, 2024 by dialing (844) 512-2921 or for international callers by dialing (412) 317-6671; the passcode is 1374329

Total revenue of $276.2 million, up 21.2% versus 2022, including $265.0 million of Shack sales and $11.2 million of Licensing revenue. System-wide sales of $438.9 million, up 24.3% versus 2022. Same-Shack sales up 2.3% versus 2022. Operating income of $5.7 million, versus an operating loss of $4.8 million in 2022. Shack-level operating profit(1) of $54.0 million, or 20.4% of Shack sales. Net income of $8.1 million versus a net loss of $2.3 million in 2022. Adjusted EBITDA(1) of $35.8 million, up 80.7% versus 2022. Net income attributable to Shake Shack Inc. of $7.6 million, or earnings of $0.19 per diluted share. Adjusted pro forma net income(1) of $7.5 million,

Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK), will release third quarter 2023 financial results on November 2, 2023, before the market opens. In conjunction with the earnings release, Shake Shack will host a conference call at 8:00 a.m. ET. Hosting the call will be Randy Garutti, Chief Executive Officer, and Katherine Fogertey, Chief Financial Officer. The conference call can be accessed live over the phone by dialing (877) 407-0792, or for international callers by dialing (201) 689-8263. A replay of the call will be available until November 9, 2023 by dialing (844) 512-2921 or for international callers by dialing (412) 317-6671; the passcode is 13740704. The live audio