Shimmick Corp has a consensus price target of $6.5, established from looking at the 4 latest analyst ratings. The last 3 analyst ratings were released from Craig-Hallum, Roth MKM, and Craig-Hallum on May 14, 2024, April 1, 2024, and December 11, 2023. With an average price target of $8.33 between Craig-Hallum, Roth MKM, and Craig-Hallum, there's an implied 434.19% upside for Shimmick Corp from these 3 analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
---|---|---|---|---|---|---|---|---|
05/14/2024 | Buy Now | 156.41% | Craig-Hallum | Aaron Spychalla | $10 → $4 | Downgrade | Buy → Hold | Get Alert |
04/01/2024 | Buy Now | 476.92% | Roth MKM | Gerry Sweeney | $10 → $9 | Maintains | Buy | Get Alert |
12/11/2023 | Buy Now | 669.23% | Craig-Hallum | Aaron Spychalla | → $12 | Initiates | → Buy | Get Alert |
12/11/2023 | Buy Now | 541.03% | Roth MKM | Gerry Sweeney | → $10 | Initiates | → Buy | Get Alert |
The latest price target for Shimmick (NASDAQ:SHIM) was reported by Craig-Hallum on May 14, 2024. The analyst firm set a price target for $4.00 expecting SHIM to rise to within 12 months (a possible 156.41% 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 downgraded 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 May 14, 2024 so you should expect the next rating to be made available sometime around May 14, 2025.
While ratings are subjective and will change, the latest Shimmick (SHIM) rating was a downgraded with a price target of $10.00 to $4.00. The current price Shimmick (SHIM) is trading at is $1.56, which is out of the analyst’s predicted range.
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