Fintel reports that on March 31, 2026, B of A Securities upgraded their outlook for Shake Shack (NYSE:SHAK) from Underperform to Neutral.
Analyst Price Forecast Suggests 38.36% Upside
As of March 27, 2026, the average one-year price target for Shake Shack is $115.57/share. The forecasts range from a low of $88.88 to a high of $147.00. The average price target represents an increase of 38.36% from its latest reported closing price of $83.53 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Shake Shack is 1,576MM, an increase of 9.04%. The projected annual non-GAAP EPS is 0.22.
What is the Fund Sentiment?
There are 367 funds or institutions reporting positions in Shake Shack. This is an decrease of 282 owner(s) or 43.45% in the last quarter. Average portfolio weight of all funds dedicated to SHAK is 0.11%, an increase of 47.71%. Total shares owned by institutions decreased in the last three months by 14.21% to 42,232K shares. 
The put/call ratio of SHAK is 1.51, indicating a bearish outlook.
What are Other Shareholders Doing?
Wellington Management Group Llp holds 2,983K shares representing 7.41% ownership of the company. In its prior filing, the firm reported owning 2,591K shares , representing an increase of 13.14%. The firm increased its portfolio allocation in SHAK by 0.03% over the last quarter.
12 West Capital Management holds 1,964K shares representing 4.88% ownership of the company. In its prior filing, the firm reported owning 1,754K shares , representing an increase of 10.69%. The firm increased its portfolio allocation in SHAK by 11.49% over the last quarter.
Gilder Gagnon Howe & Co holds 1,269K shares representing 3.15% ownership of the company. In its prior filing, the firm reported owning 1,306K shares , representing a decrease of 2.93%. The firm decreased its portfolio allocation in SHAK by 12.74% over the last quarter.
UBS Group holds 1,095K shares representing 2.72% ownership of the company. In its prior filing, the firm reported owning 856K shares , representing an increase of 21.80%. The firm increased its portfolio allocation in SHAK by 14.78% over the last quarter.
Squarepoint Ops holds 1,075K shares representing 2.67% ownership of the company. In its prior filing, the firm reported owning 1,118K shares , representing a decrease of 4.03%. The firm decreased its portfolio allocation in SHAK by 11.72% over the last quarter.
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This story originally appeared on Fintel.
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