Shimmick Corporation (SHIM)
NASDAQ: SHIM · IEX Real-Time Price · USD
1.520
-0.390 (-20.42%)
At close: May 16, 2024, 4:00 PM
1.650
+0.130 (8.55%)
After-hours: May 16, 2024, 7:45 PM EDT
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 327.63% from the current stock price of 1.52.
Analyst Consensus: Buy
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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 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 | +163.16% | May 14, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $10 → $9 | Strong Buy | Maintains | $10 → $9 | +492.11% | Apr 1, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Initiates $12 | Strong Buy | Initiates | $12 | +689.47% | Dec 11, 2023 |
| Roth MKM | Roth MKM | Strong Buy Initiates $10 | Strong Buy | Initiates | $10 | +557.89% | Dec 11, 2023 |
Financial Forecast
Revenue This Year
584.00M
from 632.81M
Decreased by -7.71%
Revenue Next Year
650.20M
from 584.00M
Increased by 11.34%
EPS This Year
-0.21
from -0.11
EPS Next Year
0.54
from -0.21
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 607.4M | 674.7M | 728.7M |
| Avg | 584.0M | 650.2M | 707.9M |
| Low | 555.3M | 619.7M | 680.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -4.0% | 15.5% | 12.1% |
| Avg | -7.7% | 11.3% | 8.9% |
| Low | -12.3% | 6.1% | 4.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.01 | 0.67 | 0.99 |
| Avg | -0.21 | 0.54 | 0.96 |
| Low | -0.42 | 0.41 | 0.92 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 82.6% |
| Avg | - | - | 77.4% |
| Low | - | - | 70.4% |
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.