Shake Shack (SHAK) Projected to Announce Earnings on Wednesday

Shake Shack (NYSE:SHAKGet Free Report) is anticipated to announce its Q2 2026 results before the market opens on Wednesday, August 5th. Analysts expect the company to post earnings of $0.3055 per share and revenue of $417.4160 million for the quarter. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Wednesday, August 5, 2026 at 8:00 AM ET.

Shake Shack Stock Performance

Shares of SHAK stock opened at $64.77 on Tuesday. The company’s fifty day simple moving average is $58.05 and its 200-day simple moving average is $78.65. Shake Shack has a 52 week low of $51.60 and a 52 week high of $117.60. The company has a current ratio of 1.69, a quick ratio of 1.66 and a debt-to-equity ratio of 0.45. The company has a market cap of $2.77 billion, a PE ratio of 66.09, a P/E/G ratio of 4.91 and a beta of 1.63.

Insiders Place Their Bets

In other news, Director Sumaiya Balbale acquired 4,068 shares of Shake Shack stock in a transaction that occurred on Friday, May 15th. The shares were purchased at an average cost of $61.42 per share, for a total transaction of $249,856.56. Following the completion of the purchase, the director directly owned 13,407 shares of the company’s stock, valued at $823,457.94. This trade represents a 43.56% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Josh Silverman purchased 8,290 shares of Shake Shack stock in a transaction dated Friday, May 15th. The stock was acquired at an average price of $60.38 per share, for a total transaction of $500,550.20. Following the completion of the transaction, the director owned 8,290 shares in the company, valued at approximately $500,550.20. The trade was a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders have acquired 50,616 shares of company stock worth $3,109,782. Company insiders own 8.32% of the company’s stock.

Hedge Funds Weigh In On Shake Shack

Institutional investors have recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Shake Shack by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,627 shares of the company’s stock worth $1,995,000 after purchasing an additional 976 shares during the last quarter. Jones Financial Companies Lllp increased its stake in shares of Shake Shack by 4,210.3% in the first quarter. Jones Financial Companies Lllp now owns 2,500 shares of the company’s stock valued at $220,000 after purchasing an additional 2,442 shares during the period. United Services Automobile Association bought a new stake in shares of Shake Shack during the first quarter valued at approximately $219,000. Geneos Wealth Management Inc. acquired a new position in shares of Shake Shack during the first quarter worth approximately $26,000. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of Shake Shack by 159.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 748 shares of the company’s stock worth $105,000 after buying an additional 460 shares during the period. Institutional investors own 86.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on SHAK shares. BTIG Research reaffirmed a “neutral” rating on shares of Shake Shack in a research report on Wednesday, May 20th. Citigroup reiterated a “buy” rating on shares of Shake Shack in a report on Wednesday, June 3rd. Gordon Haskett reduced their price target on Shake Shack from $90.00 to $70.00 and set a “buy” rating on the stock in a research report on Wednesday, June 3rd. Wells Fargo & Company decreased their price target on Shake Shack from $80.00 to $65.00 and set an “equal weight” rating for the company in a report on Wednesday, June 3rd. Finally, Piper Sandler lowered their price objective on shares of Shake Shack from $79.00 to $66.00 and set a “neutral” rating for the company in a research report on Tuesday, July 14th. Fifteen research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $88.04.

View Our Latest Research Report on SHAK

About Shake Shack

(Get Free Report)

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.

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Earnings History for Shake Shack (NYSE:SHAK)

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