Shimmick Corporation (SHIM)

NASDAQ: SHIM · Real-Time Price · USD
2.190
+0.220 (11.17%)
At close: Aug 13, 2025, 4:00 PM
2.160
-0.030 (-1.37%)
After-hours: Aug 13, 2025, 7:21 PM EDT
11.17%
Market Cap 77.25M
Revenue (ttm) 482.30M
Net Income (ttm) -101.19M
Shares Out 35.27M
EPS (ttm) -3.10
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 29,978
Open 1.950
Previous Close 1.970
Day's Range 1.920 - 2.190
52-Week Range 1.300 - 3.780
Beta n/a
Analysts Hold
Price Target 3.00 (+36.99%)
Earnings Date Aug 14, 2025

About SHIM

Shimmick Corporation provides turnkey infrastructure solutions to the water, energy, climate, and transportation markets in the United States. The company expands, rehabilitates, upgrades, builds and rebuilds water and wastewater treatment infrastructure, including desalination plants; constructs, rehabilitates, and upgrades dams, reservoirs, and water conveyance, and storage systems, as well as flood control systems, pump stations, and coastal protection infrastructure; and builds, retrofits, expands, rehabilitates, operates and maintains crit... [Read more]

Sector Industrials
IPO Date Nov 14, 2023
Employees 1,200
Stock Exchange NASDAQ
Ticker Symbol SHIM
Full Company Profile

Financial Performance

In 2024, Shimmick's revenue was $480.24 million, a decrease of -24.11% compared to the previous year's $632.81 million. Losses were -$124.75 million, 4799.8% more than in 2023.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for SHIM stock is "Hold." The 12-month stock price target is $3.0, which is an increase of 36.99% from the latest price.

Price Target
$3.0
(36.99% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Shimmick Corporation to Announce Second Quarter 2025 Financial Results on August 14, 2025

IRVINE, Calif., Aug. 04, 2025 (GLOBE NEWSWIRE) -- Shimmick Corporation (“Shimmick”) (Nasdaq: SHIM), a leading infrastructure solutions provider specializing in complex water, climate resilience, energ...

9 days ago - GlobeNewsWire

Shimmick Preferred Bidder on $156 Million in New Infrastructure Contracts Across California

Shimmick continues to expand its position in electrical and critical water infrastructure with recent project wins Shimmick continues to expand its position in electrical and critical water infrastruc...

13 days ago - GlobeNewsWire

Shimmick Awarded $51 Million Contract for Bellota Weir Modifications in Stockton, California

Project advances regional water resilience and environmental restoration efforts Project advances regional water resilience and environmental restoration efforts

22 days ago - GlobeNewsWire

Shimmick Launches Axia Electric LLC to Expand Specialized Electrical Offerings Across Infrastructure Markets

Shimmick has recently received electrical contracts totaling $42 million, with total electrical work under contract exceeding $380 million Shimmick has recently received electrical contracts totaling ...

7 weeks ago - GlobeNewsWire

Shimmick Corporation Announces First Quarter 2025 Results

IRVINE, Calif., May 14, 2025 (GLOBE NEWSWIRE) -- Shimmick Corp. (NASDAQ: SHIM), a leading infrastructure solutions provider in water, climate resilience, energy transition and sustainable transportati...

3 months ago - GlobeNewsWire

Shimmick Corporation to Announce First Quarter 2025 Financial Results on May 14, 2025

IRVINE, Calif., May 12, 2025 (GLOBE NEWSWIRE) -- Shimmick Corporation (“Shimmick”) (Nasdaq: SHIM), a leading infrastructure solutions provider specializing in complex water, climate resilience, energy...

3 months ago - GlobeNewsWire

Shimmick Announces Chief Financial Officer Transition

Todd Yoder Appointed Executive Vice President and Chief Financial Officer  Interim Chief Financial Officer Amanda Mobley Appointed Chief Accounting Officer

4 months ago - GlobeNewsWire

Shimmick Corporation Announces Fourth Quarter and Fiscal Year 2024 Results

IRVINE, Calif., March 13, 2025 (GLOBE NEWSWIRE) -- Shimmick Corp. (NASDAQ: SHIM), a leading water infrastructure company, today announced financial results for the fourth quarter and fiscal year ended...

5 months ago - GlobeNewsWire

Shimmick Corporation Announces Fourth Quarter and Full Year 2024 Earnings Release Date and Conference Call

IRVINE, Calif., March 11, 2025 (GLOBE NEWSWIRE) -- Shimmick Corporation (“Shimmick”) (Nasdaq: SHIM), a leading infrastructure solutions provider specializing in complex water, climate resilience, ener...

5 months ago - GlobeNewsWire

Shimmick Awarded Contract for North Hollywood to Pasadena Bus Rapid Transit Project

IRVINE, Calif., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Shimmick Construction Company, Inc. (“Shimmick”), a leader in critical infrastructure, water, and transit solutions, announced today that it has been ...

8 months ago - GlobeNewsWire

Shimmick Awarded $45.4M Murray Street Bridge Project in Santa Cruz

IRVINE, Calif., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Shimmick Construction Company, Inc. (“Shimmick”) (Nasdaq:SHIM), a leading water and critical infrastructure builder, today announce that it has been a...

9 months ago - GlobeNewsWire

Shimmick Corporation Announces Third Quarter 2024 Results

IRVINE, Calif., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Shimmick Corp. (NASDAQ: SHIM), a leading water infrastructure company, today announced financial results for the third quarter ended September 27, 202...

9 months ago - GlobeNewsWire

Shimmick Announces New CEO

Ural Yal Appointed CEO of Shimmick Steve Richards to Retire after Distinguished 43-Year Career    IRVINE, Calif., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Shimmick Corp. (NASDAQ: SHIM), a leading water infra...

9 months ago - GlobeNewsWire

Shimmick Reaches $97 million Golden Gate Bridge Project Settlement

Resolves Last Major Outstanding Claim, Updates Transformation Plan and Provides Certain Preliminary Financial Results of the Third Quarter of Fiscal 2024 Resolves Last Major Outstanding Claim, Updates...

10 months ago - GlobeNewsWire

Shimmick Corporation Announces Second Quarter 2024 Results - Provides Update on Transformation Plan

IRVINE, Calif., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Shimmick Corp. (NASDAQ: SHIM), a leading water infrastructure company, today announced financial results for the second quarter ended June 28, 2024.

1 year ago - GlobeNewsWire

Shimmick Corporation Announces Updated Second Quarter 2024 Earnings Conference Call Date

IRVINE, Calif., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Shimmick Corporation (“Shimmick”) (Nasdaq: SHIM), a leading water infrastructure company, today updated their earnings call date to review its earning...

1 year ago - GlobeNewsWire

Shimmick Corporation Announces Second Quarter 2024 Earnings Release Date and Conference Call

IRVINE, Calif., Aug. 09, 2024 (GLOBE NEWSWIRE) -- Shimmick Corporation (“Shimmick”) (Nasdaq: SHIM), a leading water infrastructure company, today announced that the company will release its second qua...

1 year ago - GlobeNewsWire

Shimmick Named ENR Top 400 Contractor

IRVINE, Calif., July 23, 2024 (GLOBE NEWSWIRE) -- Shimmick Corporation (“Shimmick” or the “Company”) (Nasdaq: SHIM), a leading water infrastructure company, today announced that it was once again rece...

1 year ago - GlobeNewsWire

Shimmick Awarded $27.6 Million Subcontract for Sunol Valley Water Treatment Plant Ozonation Project

IRVINE, Calif., July 16, 2024 (GLOBE NEWSWIRE) -- Shimmick Corporation (“Shimmick” or the “Company”) (Nasdaq: SHIM), a leading water infrastructure company, today announced that it has signed a $27,58...

1 year ago - GlobeNewsWire

Shimmick Announces New Interim CFO to Further Deliver on its Transformation into a Water Infrastructure Company

IRVINE, Calif., June 21, 2024 (GLOBE NEWSWIRE) -- Shimmick Corporation (“Shimmick” or the “Company”) (Nasdaq: SHIM), a leading water infrastructure company, today announced organizational changes in i...

1 year ago - GlobeNewsWire

Shimmick Takes Pivotal Steps to Further Advance Evolution as Leader in Water Infrastructure

Strengthens financial position, setting up the Company for future growth and success Board expands to include new Independent Director and new Committee focused on the long-term value creation IRVINE,...

1 year ago - GlobeNewsWire

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Shimmick Corporation (SHIM) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Shimmick Corporat...

1 year ago - Business Wire

The Law Offices of Frank R. Cruz Announces Investigation of Shimmick Corporation (SHIM) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Shimmick Corporation (“Shimmick” or the “Company”) (NASDAQ: SHIM) on behalf of investors concerning the Com...

1 year ago - Business Wire

Shimmick Corporation Announces First Quarter 2024 Results

IRVINE, Calif., May 13, 2024 (GLOBE NEWSWIRE) -- Shimmick Corp. (NASDAQ: SHIM), a leading water infrastructure company, today announced financial results for the first quarter ended March 29, 2024.

1 year ago - GlobeNewsWire

Shimmick Corporation Announces First Quarter 2024 Earnings Release Date and Conference Call

IRVINE, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- Shimmick Corporation (“Shimmick”) (Nasdaq: SHIM), a leading water infrastructure company, today announced that the company will release its first quart...

1 year ago - GlobeNewsWire