Shimmick Corporation (SHIM)
NASDAQ: SHIM · IEX Real-Time Price · USD
1.570
-0.020 (-1.26%)
Jul 2, 2024, 4:30 PM EDT - Market closed
Shimmick Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Shimmick stock have an average target of 6.50, with a low estimate of 4.00 and a high estimate of 9.00. The average target predicts an increase of 314.01% from the current stock price of 1.57.
Analyst Consensus: Buy
* Price targets were last updated on May 14, 2024.
Analyst Ratings
The average analyst rating for Shimmick stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Strong Buy → Hold Downgrades $10 → $4 | Strong Buy → Hold | Downgrades | $10 → $4 | +154.78% | May 14, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $10 → $9 | Strong Buy | Maintains | $10 → $9 | +473.25% | Apr 1, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Initiates $12 | Strong Buy | Initiates | $12 | +664.33% | Dec 11, 2023 |
| Roth MKM | Roth MKM | Strong Buy Initiates $10 | Strong Buy | Initiates | $10 | +536.94% | Dec 11, 2023 |
Financial Forecast
Revenue This Year
522.29M
from 632.81M
Decreased by -17.46%
Revenue Next Year
541.98M
from 522.29M
Increased by 3.77%
EPS This Year
-1.47
from -0.11
EPS Next Year
-0.09
from -1.47
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 559.8M | 558.8M | 601.6M |
| Avg | 522.3M | 542.0M | 584.4M |
| Low | 481.2M | 519.9M | 561.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -11.5% | 7.0% | 11.0% |
| Avg | -17.5% | 3.8% | 7.8% |
| Low | -24.0% | -0.5% | 3.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -1.48 | 0.13 | 0.56 |
| Avg | -1.47 | -0.09 | 0.54 |
| Low | -1.45 | -0.29 | 0.52 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.