Shares climb nearly 6% in 2025 as Barclays and Oppenheimer praise new strategy and expansion plans
Shake Shack (SHAK) is serving up strong gains in 2025, with shares rising nearly 6% this year following a flurry of bullish analyst sentiment. The stock was down year-to-date until a 3.5% rally last Friday, and recent trading saw shares up another 2.5% at $137.25, fueled by positive coverage from Barclays and Oppenheimer.
Barclays raised its price target to $166—the highest among analysts tracked by Visible Alpha—shortly after Oppenheimer increased its own target to $160. Both analysts cited strong leadership changes and expansion plans as key drivers behind their optimism. For context, the average price target among 13 analysts covering Shake Shack is just under $125, making these two projections stand out significantly.
“With new leadership comes new ideas and operating efficiencies, while still in outsized growth mode,” Barclays noted in a research report focused on high-growth, high-valuation restaurant stocks. One notable addition to the leadership team is Chief Communications Officer Luke DeRouen, who is spearheading the development of a new brand tagline and messaging strategy as part of a broader repositioning of the fast-casual brand.
Oppenheimer also pointed to Shake Shack’s stock performance relative to its peers. Since early April, SHAK has climbed 77%, compared to a 22% gain in the S&P 500 and a 14% average increase among its high-growth restaurant peers, making it the best performer in that category.
Adding to the positive momentum, Bank of America recently lifted its price target from $112 to $134, underscoring growing investor confidence in Shake Shack’s trajectory.
Analysts are clearly buying into Shake Shack’s refreshed corporate strategy, brand evolution, and aggressive growth plans—including the opening of new locations nationwide. If the current trend continues, the fast-casual burger chain could be on its way to reclaiming its status as one of the top-performing names in the restaurant space this year.
You might like this article:Ideal Power Advances Commercialization of B-TRAN® Technology with New EV Industry Order