Shimmick Management
Management criteria checks 1/4
Shimmick's CEO is Ural Yal, appointed in Dec 2024, has a tenure of 1.58 years. total yearly compensation is $1.55M, comprised of 51.7% salary and 48.3% bonuses, including company stock and options. directly owns 0.43% of the company’s shares, worth $644.46K. The average tenure of the management team and the board of directors is 1.3 years and 2.6 years respectively.
Key information
Ural Yal
Chief executive officer
US$1.5m
Total compensation
| CEO salary percentage | 51.70% |
| CEO tenure | 1.6yrs |
| CEO ownership | 0.4% |
| Management average tenure | 1.3yrs |
| Board average tenure | 2.6yrs |
Recent management updates
Recent updates
Narrative Update • Jun 25
SHIM: 2026 Earnings Guidance And Lock-Up Agreements Will Support Improved Risk Profile
Analysts have adjusted their price target on Shimmick to $7.50. They link this change to modest updates in the discount rate and valuation inputs while keeping fair value expectations steady.Narrative Update • Jun 05
SHIM: New Projects And 2026 Revenue Guidance Will Support Improved Risk Profile
Analysts have lifted their price target on Shimmick stock to $5 from $3, citing updated assumptions around fair value, revenue growth, profit margins, and future P/E expectations. What's in the News The company reaffirmed full year 2026 consolidated revenue guidance in the range of US$550 million to US$600 million.Narrative Update • May 12
SHIM: Buy Rating And New Projects Will Support Improved Risk Profile
Analysts have raised their price target on Shimmick to $5 from $3, reflecting updated views on the stock's risk profile, profitability outlook, and expected P/E range. Analyst Commentary Recent research highlights a shift in how some analysts view Shimmick's risk and reward tradeoff, reflected in the move to a $5 price target from $3 and an upgraded rating.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 AlphaNarrative 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%.
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.CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Apr 03 2026 | n/a | n/a | -US$20m |
| Jan 02 2026 | US$2m | US$800k | -US$26m |
| Oct 03 2025 | n/a | n/a | -US$61m |
| Jul 04 2025 | n/a | n/a | -US$58m |
| Apr 04 2025 | n/a | n/a | -US$101m |
| Jan 03 2025 | US$1m | US$46k | -US$125m |
Compensation vs Market: Ural's total compensation ($USD1.55M) is about average for companies of similar size in the US market ($USD1.62M).
Compensation vs Earnings: Insufficient data to compare Ural's compensation with company performance.
CEO
Ural Yal (49 yo)
1.6yrs
Tenure
US$1,547,445
Compensation
Mr. Ural Yal is CEO & Director of Shimmick Corporation from December 2, 2024. Mr. Yal was Senior Vice President of Corporate Preconstruction Group of Flatiron Construction Corp. from June 2024. Ural joined...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 5.5yrs | US$411.52k | 51.88% $ 78.0m | |
| CEO & Director | 1.6yrs | US$1.55m | 0.43% $ 644.5k | |
| Executive VP & CFO | 1.3yrs | US$1.12m | 0.24% $ 355.4k | |
| Executive VP & COO | no data | no data | 0.045% $ 67.5k | |
| Executive VP & Chief Accounting Officer | no data | US$549.77k | no data | |
| Executive VP & Chief Legal Officer | no data | no data | no data | |
| Director of Human Resources | 1.5yrs | no data | no data | |
| Senior Vice President of Strategy & Preconstruction | less than a year | no data | no data | |
| Corporate Head of Project Controls | less than a year | no data | no data | |
| Investor Relations Officer | no data | no data | no data |
1.3yrs
Average Tenure
49yo
Average Age
Experienced Management: SHIM's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 5.5yrs | US$411.52k | 51.88% $ 78.0m | |
| CEO & Director | 1.6yrs | US$1.55m | 0.43% $ 644.5k | |
| Independent Director | 2.6yrs | US$263.87k | 0.56% $ 835.6k | |
| Lead Independent Director | 2.2yrs | US$420.63k | 0.46% $ 688.1k | |
| Independent Director | 2.7yrs | US$418.75k | 0.52% $ 779.3k |
2.6yrs
Average Tenure
55yo
Average Age
Experienced Board: SHIM's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/09 23:18 |
| End of Day Share Price | 2026/07/09 00:00 |
| Earnings | 2026/04/03 |
| Annual Earnings | 2026/01/02 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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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.
| Analyst | Institution |
|---|---|
| Aaron Spychalla | Craig-Hallum Capital Group LLC |
| Gerard Sweeney | Roth Capital Partners |