Shake Shack (SHAK)

• Market cap: $3.52B
• 1 day: -0.59%
• 5 days: 0.35%
• 1 month: -0.49%
• 3 months: -28.16%
• 6 months: -28.36%
• Year to date: -34.16%
• 1 year: -17.11%
• 5 years: 60.96%
• 10 years: 27.62%
• Sector: Consumer Discretionary
• Industry: Restaurants

About: Shake Shack Inc is a roadside burger stand. It serves a classic American menu of premium burgers, hot dogs, crispy chicken, frozen custard, crinkle-cut fries, shakes, beer, wine and more. The company's burgers are made with a whole-muscle blend of all-natural, hormone and antibiotic-free Angus beef, ground fresh daily, cooked to order, and served on a non-genetically modified organism (GMO) potato bun. Its menu focuses on food and beverages, crafted from a range of classic American foods. The company serves draft Root Beer, seasonal freshly-squeezed lemonade, organic fresh brewed iced tea, cold brew coffee, organic apple juice, and Shack20 bottled water.

Employees: 12,826

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 3 [Q3] → 6 (+3) [Q4]

62% more first-time investments, than exits

New positions opened: 76 | Existing positions closed: 47

29% more capital invested

Capital invested by funds: $3.98B [Q3] → $5.14B (+$1.15B) [Q4]

7% more funds holding

Funds holding: 342 [Q3] → 366 (+24) [Q4]

2.6% more ownership

Funds ownership: 96.41% [Q3] → 99.01% (+2.6%) [Q4]

5% more repeat investments, than reductions

Existing positions increased: 118 | Existing positions reduced: 112

30% less call options, than puts

Call options by funds: $183M | Put options by funds: $259M

Research analyst outlook

11 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $85 3% downside
• Avg. target: $112 27% upside
• High target: $140 60% upside

11 analyst ratings

• positive: 5 45%
• neutral: 5 45%
• negative: 1 9%

UBS Dennis Geiger 52% 1-year accuracy 11 / 21 met price target	14% upside $100	Neutral Maintained	28 Apr 2025
Barclays Jeffrey Bernstein 49% 1-year accuracy 56 / 115 met price target	14% upside $100	Overweight Maintained	22 Apr 2025
Truist Securities Jake Bartlett 25% 1-year accuracy 17 / 68 met price target	49% upside $131	Buy Maintained	22 Apr 2025
Stifel Chris O'Cull 42% 1-year accuracy 14 / 33 met price target	11% upside $97	Hold Maintained	15 Apr 2025
Oppenheimer Brian Bittner 30% 1-year accuracy 9 / 30 met price target	42% upside $125	Outperform Maintained	9 Apr 2025