William Blair analyst Sharon Zackfia has reiterated their bullish stance on SHAK stock, giving a Buy rating on November 14.
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Sharon Zackfia has given her Buy rating due to a combination of factors that highlight Shake Shack’s promising growth trajectory. The company is on track to significantly expand its footprint, with plans to increase its company-owned domestic locations from less than 400 to at least 1,500. This expansion strategy is supported by the search for a new CFO with experience in scaling businesses, which is crucial for guiding Shake Shack’s long-term growth.
Additionally, Shake Shack’s financial outlook remains robust, with reiterated guidance for the fourth quarter and full year 2025. The company projects strong revenue growth and healthy restaurant-level margins, alongside plans to open more company-owned locations in fiscal 2026. Zackfia also notes the potential for increased advertising spend, menu innovation, and operational efficiencies to drive further growth. Despite risks such as same-store sales volatility and geographic concentration, Shake Shack’s growth potential and strategic initiatives underpin the Buy rating.
In another report released on November 14, Loop Capital Markets also upgraded the stock to a Buy with a $127.00 price target.