Shake Shack (SHAK) news

Royal Host to raise prices of some menu items from Sept. 16

Royal Host, a prominent dining chain, has announced a price adjustment for select menu items, effective September 16, 2026. The decision aligns with broader industry trends of rising input costs and inflationary pressures affecting the restaurant sector. While the specific items and magnitude of…

Shake Shack Inc: JP Morgan raises target price to $77 from $70

JPMorgan has revised its price target for Shake Shack Inc. (NYSE: SHAK) to $100 from $65, while maintaining its Underweight rating . This adjustment follows a significant surge in the company’s share price, which has risen nearly 97% since March 31, when Engaged Capital disclosed their position.…

Shake Shack Inc: Mizuho raises target price to $90 from $80

Mizuho Securities recently adjusted its price target for Shake Shack Inc. (NYSE:SHAK), raising it to $90 from $80, while maintaining its Outperform rating. The firm cited improved visibility into the company’s growth trajectory and a favorable valuation as key factors behind the change. Mizuho…

Shake Shack says appreciate Starboard's investment, and confidence expressed in strength of our operations

Shake Shack Inc. (NYSE: SHAK) has publicly acknowledged the investment made by activist firm Engaged Capital, which holds a 6.6 percent stake in the company. Despite this, the company has expressed confidence in its operational strength and long-term strategy. In a recent investor call, CEO Rob…

Starboard has a position of several hundred million dollars in Shake Shack - Bloomberg News