Barclays maintained its Overweight rating on Shake Shack Inc. (NYSE:SHAK) on January 7, 2026, but reduced the price target to $110 from $115. The Fly reported the adjustment, noting it reflects expectations for the restaurant sector in 2026, where sales difficulties persist. Barclays expressed optimism about foodservice distribution and predicted quick service would regain market share from fast casual and casual dining.
Deutsche Bank upgraded Shake Shack from Hold to Buy on January 6, 2026, setting a price objective of $105, down from $115. Analysts stated the company outlined a solid growth outlook early in 2026 and identified a promising catalyst path. They described the restaurant setup for 2026 as favorable, indicating potential for a sector rebound, with shares trading at near-trough valuation levels.
Shake Shack's latest earnings report showed same-store sales increased 4.9% year-over-year in the third quarter of 2025. Traffic rose 1.3% year-over-year, contributing to the gain.
The stock has risen 10.47% year-to-date as of January 9, 2026. Shake Shack Inc. is a roadside burger company.