🍔🍔🍔🍔🍔
Looking for a retest of the $142 high by summer, on towards $200+
What looked like a topping Head and shoulders, it is my belief that is just another higher level to sustain a push towards another new ATH.
Expansion Supercycle: Management just announced its largest pipeline of new store openings in company history.
For 2026, they are targeting 55–60 new company-operated locations and up to 45 licensed Shacks.
TAM Leap: Shake Shack significantly raised its long-term total addressable market (TAM) forecast from 450 to 1,500 company-operated locations.
Margin Magic: Despite beef inflation, restaurant-level profit margins are projected to expand to 23.0%–23.5% in 2026 through operational efficiencies and supply chain savings.
Institutional Backing: Deutsche Bank recently upgraded the stock to Buy (Target: $105), and Raymond James reiterated a Strong Buy with a much more aggressive target of $140.
#SHAK #GrowthStocks #RetailRecovery #TechnicalAnalysis
Looking for a retest of the $142 high by summer, on towards $200+
What looked like a topping Head and shoulders, it is my belief that is just another higher level to sustain a push towards another new ATH.
Expansion Supercycle: Management just announced its largest pipeline of new store openings in company history.
For 2026, they are targeting 55–60 new company-operated locations and up to 45 licensed Shacks.
TAM Leap: Shake Shack significantly raised its long-term total addressable market (TAM) forecast from 450 to 1,500 company-operated locations.
Margin Magic: Despite beef inflation, restaurant-level profit margins are projected to expand to 23.0%–23.5% in 2026 through operational efficiencies and supply chain savings.
Institutional Backing: Deutsche Bank recently upgraded the stock to Buy (Target: $105), and Raymond James reiterated a Strong Buy with a much more aggressive target of $140.
#SHAK #GrowthStocks #RetailRecovery #TechnicalAnalysis
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.