Shimmick Corp has a consensus price target of $3 based on the ratings of 2 analysts. The high is $3 issued by Craig-Hallum on August 19, 2024. The low is $3 issued by Craig-Hallum on August 19, 2024. The 3 most-recent analyst ratings were released by Craig-Hallum, Roth MKM, and Craig-Hallum on August 19, 2024, August 19, 2024, and May 14, 2024, respectively. With an average price target of $3.33 between Craig-Hallum, Roth MKM, and Craig-Hallum, there's an implied 22.55% upside for Shimmick Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Shimmick (NASDAQ:SHIM) was reported by Craig-Hallum on August 19, 2024. The analyst firm set a price target for $3.00 expecting SHIM to rise to within 12 months (a possible 10.29% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for Shimmick (NASDAQ:SHIM) was provided by Craig-Hallum, and Shimmick maintained their hold rating.
There is no last upgrade for Shimmick
The last downgrade for Shimmick Corp happened on May 14, 2024 when Craig-Hallum changed their price target from $10 to $4 for Shimmick Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Shimmick, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Shimmick was filed on August 19, 2024 so you should expect the next rating to be made available sometime around August 19, 2025.
While ratings are subjective and will change, the latest Shimmick (SHIM) rating was a maintained with a price target of $4.00 to $3.00. The current price Shimmick (SHIM) is trading at is $2.72, which is out of the analyst’s predicted range.
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