Q1 EPS Estimates for Shake Shack Lowered by Zacks Research

Shake Shack, Inc. (NYSE:SHAK) – Zacks Research reduced their Q1 2026 earnings estimates for Shake Shack in a research note issued on Thursday, March 12th. Zacks Research analyst Team now expects that the company will earn $0.13 per share for the quarter, down from their previous forecast of $0.17. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Shake Shack’s current full-year earnings is $1.26 per share. Zacks Research also issued estimates for Shake Shack’s Q2 2026 earnings at $0.46 EPS, Q3 2026 earnings at $0.40 EPS, Q4 2026 earnings at $0.39 EPS, FY2026 earnings at $1.38 EPS, Q1 2027 earnings at $0.27 EPS, Q2 2027 earnings at $0.51 EPS, Q4 2027 earnings at $0.53 EPS, FY2027 earnings at $1.74 EPS and FY2028 earnings at $2.17 EPS.

Shake Shack (NYSE:SHAK) last released its earnings results on Thursday, February 26th. The company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.35 by $0.02. The firm had revenue of $400.53 million for the quarter, compared to analyst estimates of $402.06 million. Shake Shack had a net margin of 3.16% and a return on equity of 11.08%. The business’s quarterly revenue was up 21.8% compared to the same quarter last year. During the same period last year, the firm earned $0.26 EPS.

Other research analysts also recently issued reports about the stock. Truist Financial boosted their price objective on shares of Shake Shack from $144.00 to $148.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. Barclays cut their target price on Shake Shack from $115.00 to $110.00 and set an “overweight” rating for the company in a research note on Wednesday, January 7th. Morgan Stanley raised Shake Shack from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $115.00 to $125.00 in a report on Tuesday, January 20th. DA Davidson started coverage on Shake Shack in a report on Friday, March 6th. They set a “buy” rating and a $125.00 price target for the company. Finally, TD Cowen upped their price objective on Shake Shack from $100.00 to $105.00 and gave the stock a “hold” rating in a research report on Thursday, February 26th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Shake Shack currently has an average rating of “Hold” and an average target price of $116.64.

Shake Shack Stock Performance

Shares of Shake Shack stock opened at $86.98 on Friday. The company has a current ratio of 1.76, a quick ratio of 1.73 and a debt-to-equity ratio of 0.45. The company has a market cap of $3.71 billion, a PE ratio of 79.79, a price-to-earnings-growth ratio of 4.95 and a beta of 1.73. The company has a 50 day moving average of $93.23 and a 200-day moving average of $92.15. Shake Shack has a 1-year low of $72.93 and a 1-year high of $144.65.

Institutional Trading of Shake Shack

A number of hedge funds have recently added to or reduced their stakes in SHAK. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Shake Shack by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,627 shares of the company’s stock worth $1,995,000 after buying an additional 976 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of Shake Shack by 4,210.3% during the 1st quarter. Jones Financial Companies Lllp now owns 2,500 shares of the company’s stock valued at $220,000 after acquiring an additional 2,442 shares in the last quarter. United Services Automobile Association acquired a new stake in shares of Shake Shack during the 1st quarter valued at $219,000. Geneos Wealth Management Inc. bought a new stake in Shake Shack during the 1st quarter worth $26,000. Finally, Bank of New York Mellon Corp increased its holdings in Shake Shack by 1.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 254,889 shares of the company’s stock worth $35,837,000 after purchasing an additional 3,471 shares in the last quarter. Institutional investors and hedge funds own 86.07% of the company’s stock.

More Shake Shack News

Here are the key news stories impacting Shake Shack this week:

• Positive Sentiment: Zacks and other coverage highlight improving margin dynamics — a Zacks piece notes operational-efficiency actions (labor optimization, supply-chain upgrades) lifted EBITDA nearly 20% in 2025, which supports medium-term profit improvement. Can Operational Efficiency Sustain Shake Shack’s EBITDA Momentum?
• Positive Sentiment: Zacks upgraded Shake Shack from “strong sell” to “hold” earlier this week, which removes an extreme negative rating and may support buyer interest if operational stories continue to print. Zacks upgrade report
• Neutral Sentiment: Management engagement: Shake Shack presented at the UBS Global Consumer & Retail Conference (conference transcript available), which provides refreshed investor guidance and color but no new financials — useful for modeling but not an immediate catalyst. UBS conference transcript
• Neutral Sentiment: Unit growth: local expansion continues (second Tucson Shack opened), a steady but small growth indicator for SSS/market penetration rather than an immediate earnings driver. Local store opening
• Negative Sentiment: Zacks cut multiple near-term EPS estimates in a March 12 research note: Q1–Q4 2026 and Q1–Q4 2027 quarters were trimmed (examples: Q1 2026 down to $0.13 from $0.17; Q2 2026 to $0.46 from $0.50), FY2026 cut to $1.38 (from $1.50) and FY2027 to $1.74 (from $1.80). The string of downward revisions pressures near-term growth expectations and likely explains part of the intraday share weakness.
• Negative Sentiment: Sector/stock shock: a broad restaurant-group selloff story (MSN roundup) cited Shake Shack among peers whose shares plunged, amplifying volatility and short-term downside risk amid the analyst cuts. MSN: shares plummet roundup

About Shake Shack

Shake Shack, Inc (NYSE: SHAK) is a publicly traded hospitality company known for its modern take on the classic American roadside burger stand. The company operates a chain of quick-casual restaurants offering premium hamburgers, hot dogs, crinkle-cut fries, frozen custard, milkshakes and a curated selection of beer and wine. Shake Shack emphasizes high-quality ingredients, including 100% all-natural Angus beef with no hormones or antibiotics, and works with local suppliers where possible to maintain its commitment to fresh, responsibly sourced food.

Shake Shack traces its origins to a hot dog cart opened in New York City’s Madison Square Park in 2001 by Danny Meyer’s Union Square Hospitality Group.