Shimmick Corporation (SHIM)
NASDAQ: SHIM · Real-Time Price · USD
2.100
-0.010 (-0.47%)
Nov 22, 2024, 4:00 PM EST - Market closed

Shimmick Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Shimmick stock have an average target of 3.00, which predicts an increase of 42.86% from the current stock price of 2.10.

Analyst Consensus: Hold
Target Low Average Median High
Price $3.00 $3.00 $3.00 $3.00
Change +42.86% +42.86% +42.86% +42.86%
* Price targets were last updated on Aug 19, 2024.

Analyst Ratings

The average analyst rating for Shimmick stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 110000
Buy 000000
Hold 112222
Sell 000000
Strong Sell 000000
Total 222222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Craig-Hallum
Craig-Hallum
Hold
Maintains
$4$3
Hold Maintains $4$3 +42.86% Aug 19, 2024
Roth MKM
Roth MKM
Hold
Maintains
$3.5$3
Hold Maintains $3.5$3 +42.86% Aug 19, 2024
Craig-Hallum
Craig-Hallum
Hold
Downgrades
$10$4
Hold Downgrades $10$4 +90.48% May 14, 2024
Roth MKM
Roth MKM
Strong Buy
Maintains
$10$9
Strong Buy Maintains $10$9 +328.57% Apr 1, 2024
Craig-Hallum
Craig-Hallum
Strong Buy
Initiates
$12
Strong Buy Initiates $12 +471.43% Dec 11, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
460.53M
from 632.81M
Decreased by -27.22%
Revenue Next Year
494.55M
from 460.53M
Increased by 7.39%
EPS This Year
-3.14
from -0.11
EPS Next Year
-0.30
from -3.14
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2021 Dec 30, 2022 Dec 29, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
572.67M664.16M632.81M460.53M494.55M536.42M
Revenue Growth
-15.98%-4.72%-27.22%7.39%8.47%
EPS
2.070.17-0.11-3.14-0.300.27
EPS Growth
--91.79%----
Forward PE
-----7.92
No. Analysts ---443
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 479.4M 516.1M 552.2M
Avg 460.5M 494.6M 536.4M
Low 437.5M 468.6M 515.4M

Revenue Growth

Revenue Growth 202420252026
High
-24.2%
12.1%
11.7%
Avg
-27.2%
7.4%
8.5%
Low
-30.9%
1.8%
4.2%

EPS Forecast

EPS 202420252026
High -2.81 -0.23 0.27
Avg -3.14 -0.30 0.27
Low -3.41 -0.36 0.25

EPS Growth

EPS Growth 202420252026
High - - -
Avg - - -
Low - - -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.