Wolfe Research Initiates Coverage of Shake Shack (SHAK) with Outperform Recommendation

AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Stocks SHAK Wolfe Research Initiates Coverage of Shake Shack (SHAK) with Outperform Recommendation March 09, 2026 — 08:04 pm EDT Written by George Maybach for Fintel-> Fintel reports that on March 9, 2026, Wolfe Research initiated coverage of Shake Shack (NYSE:SHAK) with a Outperform recommendation.

Analyst Price Forecast Suggests 18.85% Upside As of February 25, 2026, the average one-year price target for Shake Shack is $113.78/share. The forecasts range from a low of $85.85 to a high of $151.20. The average price target represents an increase of 18.85% from its latest reported closing price of $95.73 / 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 442 funds or institutions reporting positions in Shake Shack. This is an decrease of 211 owner(s) or 32.31% in the last quarter. Average portfolio weight of all funds dedicated to SHAK is 0.14%, an increase of 33.86%. Total shares owned by institutions decreased in the last three months by 12.77% to 42,947K shares. The put/call ratio of SHAK is 1.19, 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 decreased its portfolio allocation in SHAK by 79.41% 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%. Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.Click to Learn MoreThis story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags Stocks Fintel Fintel is a leading provider of financial data and insights for intelligent, data-driven investors. With coverage of over 75,000 listed companies on all major stock exchanges, Fintel has the most comprehensive coverage of global equities at prices individual investors can afford. Check out our Unique Analysis of Insider Sentiment for Shake Shack Inc.-> Find out what the Options Markets think of Shake Shack Inc.-> See our take on Shake Shack Inc. Upcoming Earnings-> More articles by this source-> Stocks mentioned SHAK More Related Articles This data feed is not available at this time. Data is currently not available • Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.