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NASDAQ: SHIM
Shimmick Corp Stock Forecast, Predictions & Price Target

Analyst price target for SHIM

Based on 2 analysts offering 12 month price targets for Shimmick Corp.
Min Forecast
$9.00+123.33%
Avg Forecast
$10.50+160.55%
Max Forecast
$12.00+197.77%

Should I buy or sell SHIM stock?

Based on 2 analysts offering ratings for Shimmick Corp.
Strong Buy
Strong Buy
1 analysts 50%
Buy
1 analysts 50%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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SHIM stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-01
lockedlocked$00.00+00.00%2023-12-11

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Forecast return on equity

Is SHIM forecast to generate an efficient return?

Forecast return on assets

Is SHIM forecast to generate an efficient return on assets?

SHIM revenue forecast

What is SHIM's revenue in the next 3 years based on estimates from 1 analyst?
Avg 1 year Forecast
$578.5M-8.58%
Avg 2 year Forecast
$642.6M+1.55%
Avg 3 year Forecast
$694.0M+9.67%
SHIM's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

SHIM revenue growth forecast

How is SHIM forecast to perform vs Engineering & Construction companies and vs the US market?
Company
0.44%
Industry
3.98%
Market
9.11%
SHIM's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
SHIM's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

SHIM vs Engineering & Construction Stocks

TickerPricePrice TargetUp/downsideConsensus
SHIM$4.03$10.50+160.55%Strong Buy
ESOA$7.19N/AN/A
VATE$0.54N/AN/A
ENG$1.68N/AN/A
WLGS$0.53N/AN/A

Shimmick Stock Forecast FAQ

Is Shimmick Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NASDAQ: SHIM) stock is to Strong Buy SHIM stock.

Out of 2 analysts, 1 (50%) are recommending SHIM as a Strong Buy, 1 (50%) are recommending SHIM as a Buy, 0 (0%) are recommending SHIM as a Hold, 0 (0%) are recommending SHIM as a Sell, and 0 (0%) are recommending SHIM as a Strong Sell.

If you're new to stock investing, here's how to buy Shimmick stock.

What is SHIM's revenue growth forecast for 2024-2026?

(NASDAQ: SHIM) Shimmick's forecast annual revenue growth rate of 0.44% is not forecast to beat the US Engineering & Construction industry's average forecast revenue growth rate of 3.98%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.11%.

Shimmick's revenue in 2024 is $632,806,000.On average, 1 Wall Street analysts forecast SHIM's revenue for 2024 to be $14,795,336,504, with the lowest SHIM revenue forecast at $14,795,336,504, and the highest SHIM revenue forecast at $14,795,336,504. On average, 1 Wall Street analysts forecast SHIM's revenue for 2025 to be $16,434,716,054, with the lowest SHIM revenue forecast at $16,434,716,054, and the highest SHIM revenue forecast at $16,434,716,054.

In 2026, SHIM is forecast to generate $17,749,288,736 in revenue, with the lowest revenue forecast at $17,749,288,736 and the highest revenue forecast at $17,749,288,736.

What is SHIM's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: SHIM) forecast ROA is N/A, which is lower than the forecast US Engineering & Construction industry average of N/A.

What is SHIM's Price Target?

According to 2 Wall Street analysts that have issued a 1 year SHIM price target, the average SHIM price target is $10.50, with the highest SHIM stock price forecast at $12.00 and the lowest SHIM stock price forecast at $9.00.

On average, Wall Street analysts predict that Shimmick's share price could reach $10.50 by Apr 1, 2025. The average Shimmick stock price prediction forecasts a potential upside of 160.55% from the current SHIM share price of $4.03.

What is SHIM's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: SHIM) forecast ROE is N/A, which is considered weak.
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