Shake Shack (SHAK) Reiterated at Buy by DA Davidson; On track to Meet/Exceed FY Guide
DA Davidson analyst Matt Curtis reiterated a Buy rating and $125.00 price target on Shake Shack (NYSE: SHAK).
The analyst commented, "Customer base appears relatively resilient given skew towards higher-income demographics. We remain comfortable with SHAK’s ability to attain better end of 1Q26 comp guidance (+3-5%), bolstered by healthy reception to current LTO and successful 4Q25 launch of value-oriented options. Mgmt expressed confidence in its margin trajectory, with recent beef price trends well contemplated in FY26 guidance; Loyalty program launch still on track for end of FY26 (no P&L impact before FY27). Believe SHAK remains on track to meet/exceed FY26 guide for +lsd comps/13-17% adj EBITDA growth."
For an analyst ratings summary and ratings history on Shake Shack click here. For more ratings news on Shake Shack click here.
Shares of Shake Shack closed at $81.32 yesterday.
