Shimmick Corporation

NasdaqCM:SHIM Stock Report

Market Cap: US$169.9m

Shimmick Future Growth

Future criteria checks 0/6

Shimmick is forecast to grow earnings and revenue by 137.8% and 8.9% per annum respectively while EPS is expected to grow by 137.8% per annum.

Key information

137.8%

Earnings growth rate

137.76%

EPS growth rate

Construction earnings growth23.4%
Revenue growth rate8.9%
Future return on equityn/a
Analyst coverage

Low

Last updated13 Mar 2026

Recent future growth updates

Recent updates

Narrative Update Apr 27

SHIM: New Projects And Buy Rating Will Shape Measured Future Returns

Analysts have raised their price target on Shimmick to $5 from $3, citing updated views on the company’s risk profile and earnings potential as key reasons for the change. Analyst Commentary Recent research indicates that bullish analysts see the higher US$5 price target as better aligned with their current view of Shimmick’s risk and earnings profile, while still leaving room for execution questions.
Narrative Update Apr 13

SHIM: New Infrastructure Backlog And Buy Rating Will Support Future Returns

Analysts have raised their price target on Shimmick to $5 from $3, citing revised assessments of its fair value, discount rate, margin outlook, and future P/E assumptions. Analyst Commentary Analysts raising the target price to $5 from $3 reflects updated views on what they see as a more appropriate fair value, along with refreshed assumptions around discount rate, margins, and future P/E levels.
Narrative Update Mar 28

SHIM: New Infrastructure Wins And Upgraded Rating Will Support Future Returns

Analysts have lifted their price target on Shimmick to $5 from $3. This change reflects updated views on fair value, discount rate, revenue growth, profit margin, and future P/E assumptions.
Seeking Alpha Mar 18

Shimmick GAAP Numbers Improve, But Cost Overrun Risks Remain

Summary Shimmick posted improved 4Q25 results, nearing operating breakeven, but remains unprofitable on a GAAP basis and continues to burn cash. SHIM's backlog momentum is positive, with $793 million at year-end and additional awards pending, supporting management's FY26 guidance for 10–20% revenue growth. Despite better gross margins and positive adjusted EBITDA, the company's core EPC business faces persistent cost overrun risks and rising interest expenses. I maintain a Hold rating, as valuation does not sufficiently discount ongoing overrun and financing risks, despite improved operational trends. Read the full article on Seeking Alpha
Narrative Update Mar 13

SHIM: LA Infrastructure Projects And Upgrade Will Support Constructive Future Returns

Analysts have raised their price target on Shimmick to $5 from $3, citing updated views that keep fair value, growth, margin and P/E assumptions broadly in line with prior estimates while slightly adjusting the discount rate. Analyst Commentary Recent research reflects a shift toward a more constructive stance on Shimmick, with the price target lifted to $5 from $3.
Narrative Update Feb 26

SHIM: LA Infrastructure Wins Will Support Constructive Long Term Return Potential

Analysts have slightly adjusted their price target on Shimmick to reflect updated assumptions around discount rates and future P/E expectations, while keeping their fair value view broadly in line with prior estimates. What's in the News Shimmick has been named the preferred bidder on two Los Angeles area projects totaling approximately $81.5 million in new work, covering both water and electrical infrastructure (Key Developments).
Narrative Update Feb 10

SHIM: LA Infrastructure Awards Will Support Higher Yet Balanced 2025 Outlook

Analysts have slightly trimmed their price target on Shimmick, citing modestly lower discount rate and future P/E assumptions while keeping fair value estimates essentially unchanged. What's in the News Shimmick has been named the preferred bidder on two Los Angeles area infrastructure projects totaling about US$81.5 million in new work, covering both water and electrical systems (Key Developments).
Narrative Update Jan 26

SHIM: New LA Awards Will Support Higher 2025 Earnings Potential

Analysts have set a revised price target for Shimmick that is broadly in line with prior views, citing only modest adjustments to discount rate assumptions and future P/E expectations rather than any major change in the company’s outlook. What's in the News Shimmick has been named the preferred bidder on two Los Angeles market projects totaling about US$81.5 million in water and electrical infrastructure work, highlighting demand for its combined civil and electrical delivery capabilities (Client Announcements).
New Narrative Jan 21

Electrification And Water Infrastructure Tailwinds Will Support A Stronger Long Term Outlook

Catalysts About Shimmick Shimmick is a construction and engineering company focused on complex water, electrical, and broader infrastructure projects across key U.S. regions. What are the underlying business or industry changes driving this perspective?
Narrative Update Jan 12

SHIM: New LA Infrastructure Awards Will Support Stronger Future Earnings Potential

Analysts have raised their fair value estimate for Shimmick from about $3.00 to roughly $4.50, citing revised assumptions around the discount rate, revenue growth, profit margin and future P/E expectations. What's in the News Shimmick Corporation was named preferred bidder on two Los Angeles area projects with a combined value of about $81.5 million, focused on water and electrical infrastructure work.
Narrative Update Aug 16

Axia Electric Expansion And Infrastructure Will Shape Future Success

Shimmick’s consensus price target has risen to $3.00 despite lower revenue growth forecasts and a higher forward P/E, reflecting a notable uplift in perceived fair value. What's in the News Shimmick raised its 2025 projects revenue guidance to $405–$415 million (up from $392–$410 million), with gross margins expected between 9% and 12%.
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New Narrative Apr 07

Sustainable Infrastructure Expansion Will Improve Operational Efficiency

Expansion into sustainable infrastructure solutions positions Shimmick to capitalize on funding and drive revenue growth amidst rising project demand.

Earnings and Revenue Growth Forecasts

NasdaqCM:SHIM - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2027589917192
12/31/2026551-3242
1/2/2026493-26-71-65N/A
10/3/2025496-61-27-21N/A
7/4/2025520-581216N/A
4/4/2025482-101-31-24N/A
1/3/2025480-125-32-21N/A
9/27/2024515-104-100-90N/A
6/28/2024524-68-118-106N/A
3/29/2024589-27-106-97N/A
12/29/2023633-3-95-88N/A
9/29/2023681-3-71-63N/A
6/30/2023690-20-54-45N/A
3/31/2023681-7-30-20N/A
12/30/20226644-14-3N/A
12/31/202157345-57-54N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SHIM is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: SHIM is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: SHIM is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: SHIM's revenue (8.9% per year) is forecast to grow slower than the US market (11.6% per year).

High Growth Revenue: SHIM's revenue (8.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if SHIM's Return on Equity is forecast to be high in 3 years time


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/12 18:56
End of Day Share Price 2026/05/11 00:00
Earnings2026/01/02
Annual Earnings2026/01/02

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

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Industry and Sector Metrics

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Analyst Sources

Shimmick Corporation is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Aaron SpychallaCraig-Hallum Capital Group LLC
Gerard SweeneyRoth Capital Partners