Shimmick Corporation (SHIM) AI Stock Analysis

Shimmick Corporation, based in Irvine, California, delivers infrastructure solutions across the United States. Founded in 1990 and rebranded from SCCI National Holdings, Inc. in September 2023, the business is a subsidiary of GOHO, LLC. It works primarily with federal, state, and local government clients on projects such as water and wastewater treatment facilities, storage and conveyance systems, dams, levees, flood control structures, pump stations, and coastal protection. It also constructs mass transit systems, bridges, and military infrastructure.

Shimmick's revenue contracted at a 4-year CAGR of -3.7% from FY2021 to FY2025. Annual revenue peaked at $664.2M in FY2022 before falling to $480.2M in FY2024 and rising 2.6% to $492.8M in FY2025. Profitability has been volatile: gross margin recovered to 6.8% in FY2025 from -11.6% in FY2024, but operating margin remained negative at -4.3%, yielding net income of -$25.6M and an EPS of -$0.44. In the trailing twelve months ending June 30, 2026, revenue was $437.0M with a profit margin of -3.8%, as quarterly revenue fell 17.0% year-over-year.

As of June 30, 2026, Shimmick held $18.1M in cash and short-term investments against total debt of $89.0M, resulting in net debt of $70.9M. Total assets stood at $224.9M and the current ratio was 1.00. The company carries negative shareholders' equity of -$50.3M. Free cash flow has been consistently negative, registering -$71.5M in FY2025 alongside operating cash flow of -$65.1M and capital expenditures of $6.4M.

At a last close of $2.41, Shimmick has a market cap of $99.6M and an enterprise value of $207.5M. The stock trades at a forward P/E of 8.5x, below the 17.2x median of its US-listed Industrials peers. Its price-to-sales multiple is 0.2x compared to the peer median of 1.5x, while its EV/EBITDA is 51.0x compared to the peer median of 13.9x. The stock has fallen 2.0% over the past year, trailing the S&P 500 (SPY) return of 16.8%, and trades 37.2% below its 200-day average.

Wall Street coverage consists of 2 Strong Buy ratings and no Buy, Hold, Sell, or Strong Sell ratings. The mean price target is $7.00, representing a 190.5% premium over the last close of $2.41. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $499.8M and an EPS of $0.04. For the following fiscal year, 2 analysts project revenue of $601.5M and EPS of $0.38. Shimmick beat EPS estimates in 2 of the last 4 quarters, with next earnings scheduled for November 12, 2026.

This page is an AI-written research summary of Shimmick Corporation (SHIM). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: SHIM income statement, SHIM balance sheet, SHIM key metrics, SHIM analyst forecast, SHIM chart. See the SHIM stock overview for the latest quote and news.