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Shake Shack (SHAK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Shake Shack (SHAK) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Shake Shack (SHAK) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
As one of the most popular burger chains in America, not named McDonald’s, Shake Shack has its sights set on expansion in a big way. In January 2025, the company announced its plans to operate “at least” 1,500 restaurants in the long term, a whopping 356% increase in the number of restaurants it has today. Key Points Shake Shack is already a fast-food favorite, even though it only has 329 locations. You can’t visit a Shake Shack location without trying out one of its famous milkshakes. Whether you try the regular or curly fries, you’re in for a treat. 4 million Americans are set to retire this year. If you want to join them, click here now to see if you’re behind, or ahead. It only takes a minute. (Sponsor) This means there will be a massive expansion for this beloved chain with its excellent french fries, burgers, and milkshakes. At the end of 2024, Shake Shack only had 329 restaurants as part of its US footprint, so there is no question it’s setting its sights on becomi
Restaurant stocks like CMG, CAKE, SHAK, EAT & WING are likely to gain from increased sales. Rapid menu price hikes, average check growth and expansion efforts bode well.
Shake Shack aims to expand to 1,500 locations but faces challenges in cost-effectiveness, suburban market penetration, and maintaining its premium brand identity. SHAK reported strong growth in FY 2024 but expects a slight slowdown in FY 2025, with same-store sales growth projected at 3%. Despite a recent stock price drop, Shake Shack remains overvalued by 10%, leading to a 'Hold' rating with a price target of $110.
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Hamburger restaurant chain Shake Shack (SHAK -1.27%) just tripled the size of its long-term vision. But it could be the most complicated development for shareholders since the company went public a decade ago.
TLN, SHAK and EQNR made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on January 15, 2025.
SHAK releases its preliminary financial results for the fourth quarter. Same-Shack sales grew 3.6% for the year and 4.3% in the fourth quarter.