| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 23 | 69.0x | 17.3x | Bottom tier | |
Growth | 87 | 17.3% | 7.1% | Top tier | |
Quality | 29 | 2.4% | 4.5% | Bottom tier | |
Safety | 52 | 3.7x | 2.6x | Around median | |
Capital Return | 26 | 0.00% | 0.06% | Bottom tier | |
Momentum | 22 | -37.1% | -1.6% | Bottom tier | |
Sentiment | 86 | 16 | 3 | Top tier |
The floor: what the company is worth if growth stopped today
86% of today's price is what a buyer pays for growth that has not happened yet.
10-year US Treasury yield 4.96% as of 2026-10-22. Estimates computed from company data and analyst targets, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Shake Shack operates premium-positioned fast-casual restaurants, generating most of its revenue from sales at company-operated locations, alongside licensing revenue from locations operated by partners in domestic and international markets. In fiscal Q2 2026, company-operated Shack sales reached $403.4 million out of total revenue of $417.6 million, while licensing revenue was $14.2 million on licensed sales of $222.4 million. Growth depends on opening new locations, increasing Same-Shack sales, menu innovation such as the Baby Back Rib Sandwich and Big Shack, and expanding app and delivery channels.
In fiscal Q2 2026, revenue rose 17.2% year over year to $417.6 million, driven primarily by new location openings and 3.5% Same-Shack sales growth, consisting of a 2.0% increase in guest traffic and a 1.5% price and mix impact. Net income attributable to Shake Shack was approximately $15.7 million, down 8.6%, while adjusted earnings per share were $0.43 versus estimates of $0.30. Shack-level operating profit reached $92.7 million, or 23% of Shack sales, and adjusted earnings before interest, taxes, depreciation, and amortization were $61.2 million, or 14.7% of revenue.
The results mix reveals strong sales growth offset by pressure on profitability: Shack-level operating margin declined 90 basis points from 23.9% to 23% due to higher food and paper costs and operating expenses, despite improved labor costs. Food and paper accounted for 28.8% of Shack sales, and labor accounted for 25.1% after a 60-basis-point improvement, while other operating expenses rose 80 basis points to 15.6%. More broadly, fiscal 2025 revenue was $1.4 billion and net income was $45.7 million, while reported trailing-twelve-month revenue for 2026 was approximately $1.5 billion and net income was $41.2 million.
The average analyst price target is $86.83, with a consensus rating of “Buy,” but the wide range between $65 and $148 reflects substantial divergence in estimates of the margin trajectory and the value of expansion; the average also sits below the 52-week range high of $107.46. No published price-to-earnings ratio is available in the data, so the stock's valuation here is based on the target range and the 52-week range of $51.6 to $107.46, balancing revenue growth of 17.2% against an 8.6% decline in net income and earnings guidance toward the low end of the range.
Figures in the text are as of 2026-08-31; the live price is shown at the top of the page.
Shake Shack's revenue reached approximately $417.6 million in fiscal Q2 2026, a year-over-year increase of 17.2%. Same-Shack sales rose 3.5%, including 2.0% from guest traffic growth and 1.5% from price and mix. Net income attributable to the company was $15.7 million, while adjusted earnings per share reached $0.43 versus estimates of $0.30.
Most of the revenue growth in fiscal Q2 2026 came from new locations, as the company opened 16 company-operated locations and reached 33 openings since the start of the fiscal year. Same-Shack growth of 3.5% provided additional support, while comparable app sales grew approximately 30%. During fiscal 2026, the company aims to open 60 to 65 company-operated locations and 40 to 45 licensed locations.
Shack-level operating margin declined from 23.9% to 23% in fiscal Q2 2026 because food and paper costs rose to 28.8% of Shack sales. Beef prices increased in the mid-teens range, while delivery commissions and travel and training costs associated with the pace of openings also rose. The improvement in labor costs to 25.1%, down 60 basis points, offset part of these pressures but did not prevent the margin decline.
Automated analysis for informational purposes only — not investment advice.
The app represented slightly more than 10% of the channel mix in fiscal Q2 2026, while the total digital mix reached approximately 41%. Comparable app sales rose approximately 30%, and management described it as the fastest-growing channel and the largest driver of repeat visits and customer acquisition. In the August 5, 2026 call, management reaffirmed its commitment to launching the loyalty platform during fiscal 2026 but explained that it did not expect a significant contribution to revenue in the same year because of the testing and optimization period.
The Baby Back Rib Sandwich, priced at $13.99, performed in line with the company's expectations, and Shake Shack used it to encourage trial and increase the average check. The company returned the Big Shack to the core menu in the second half of fiscal 2026 following strong demand, but adjusted its pricing closer to the double-meal category after its previous $9.99 price eroded some revenue and margin. In July 2026, it launched a West Coast-inspired menu and brought back the Dubai Chocolate Pistachio Shake, while continuing to test chicken and smoked brisket products.
The average analyst target is $86.83, with a high target of $148 and a low target of $65, and the consensus rating is “Buy.” The average target sits below the 52-week range high of $107.46, while the wide gap between the highest and lowest targets reveals substantial differences in expectations for expansion and margins. The data does not include an available price-to-earnings ratio, so the targets should be considered alongside fiscal Q2 2026 revenue growth of 17.2% and the 8.6% decline in net income.