Shimmick Corporation (SHIM) AI Stock Analysis

• Market Cap: $98.88M
• Dividend Yield: N/A
• Average Volume (3M): 42.74K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.30
• Revenue Growth: -0.77%
• EPS Growth: 30.69%
• Country: US
• Employees: 1,200
• Sector: General
• Sector Strength: N/A
• Industry: Engineering & Construction
• EPS (TTM): -0.14
• Shares Outstanding: 35,315,502
• 10 Day Avg. Volume: 24,898
• 30 Day Avg. Volume: 42,738
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.06
• Enterprise Value/Revenue: 0.22
• Enterprise Value/Gross Profit: -3.04
• Enterprise Value/Ebitda: -1.22
• 1Y Price Target: $2.50
• Price Target Upside: -5.66% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 2

• Rating: 46 Neutral
• Price Target: $2.50 ▼(-5.66% Downside)

Shimmick Corporation's overall stock score is primarily impacted by its weak financial performance, characterized by persistent profitability issues and financial instability. While technical analysis shows some bullish momentum, overbought conditions pose a risk. Valuation metrics are unfavorable due to negative earnings and lack of dividends. The positive sentiment from the corporate event is noted but does not significantly alter the overall score.

Shimmick Corporation Business Overview & Revenue Model

Company Description

Shimmick Corporation provides water and other critical infrastructure solutions in the United States. The company undertakes water and wastewater treatment infrastructure; water storage and conveyance, dam, levee, flood control system, pump station, and coastal protection infrastructure; and mass transit, bridge, and military infrastructure projects. It serves federal, state, and local governments. The company was formerly known as SCCI National Holdings, Inc. and changed its name to Shimmick Corporation in September 2023. Shimmick Corporation was founded in 1990 and is headquartered in Irvine, California. Shimmick Corporation operates as a subsidiary of GOHO, LLC.

How the Company Makes Money

Shimmick Corporation makes money primarily through contracts for large-scale infrastructure projects. The company's key revenue streams include construction and engineering services provided to government agencies, municipalities, and private companies. Shimmick often engages in long-term projects, which involve planning, designing, and constructing infrastructure such as roads, bridges, water treatment facilities, and power plants. Revenue is generated through project fees, milestone payments, and completion bonuses. Significant partnerships with government bodies and industry stakeholders play a crucial role in securing contracts and maintaining a steady flow of projects, contributing to the company's earnings.

Shimmick Corporation Financial Statement Overview

Summary

Shimmick Corporation's financial performance is extremely weak, with issues in profitability, solvency, and liquidity. The company shows negative net income, negative stockholders' equity, and substantial negative operating cash flows. These issues indicate significant financial instability and a high-risk profile.

Income Statement

Shimmick Corporation's income statement highlights significant challenges with profitability. The company has consistently posted negative net income, and recent gross profit margins show substantial losses, indicating cost control issues. Additionally, the revenue growth trajectory is negative, with a sharp decline in total revenue from 2024 to 2025. The EBIT and EBITDA margins are also negative, suggesting operational inefficiencies and a need for restructuring.

Balance Sheet

The balance sheet reflects a weak financial position with negative stockholders' equity, indicating insolvency. The debt-to-equity ratio is indeterminate due to negative equity, which is a significant concern. The overall equity ratio is negative, implying that liabilities exceed assets. These factors suggest financial instability and a high-risk profile for creditors and investors.

Cash Flow

The cash flow statement reveals substantial negative operating cash flows, indicating poor cash generation from core operations. Free cash flow is also negative and deteriorating, reflecting higher capital expenditures without corresponding cash inflows. The operating cash flow to net income ratio is unfavorable, suggesting inefficiencies in converting income into cash. These factors point to liquidity issues and potential challenges in maintaining cash reserves.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	480.24M	632.81M	664.16M	572.67M
Gross Profit	-55.65M	22.37M	23.52M	-132.80M
EBITDA	-105.15M	17.12M	-23.58M	-198.03M
Net Income	-124.75M	-2.55M	3.76M	45.40M
Balance Sheet
Total Assets	233.86M	426.65M	446.80M	492.00M
Cash, Cash Equivalents and Short-Term Investments	33.73M	62.94M	77.76M	73.18M
Total Debt	25.46M	44.67M	14.44M	11.90M
Total Liabilities	268.54M	356.16M	395.20M	444.98M
Stockholders Equity	-34.52M	71.24M	52.64M	46.59M
Cash Flow
Free Cash Flow	-31.74M	-95.14M	-13.53M	-56.91M
Operating Cash Flow	-21.26M	-88.10M	-3.08M	-53.98M
Investing Cash Flow	15.04M	22.05M	4.20M	136.17M
Financing Cash Flow	-21.90M	47.88M	-931.00K	-294.00K

Shimmick Corporation Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 2.65
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SHIM, the sentiment is Neutral. The current price of 2.65 is below the 20-day moving average (MA) of 2.97, above the 50-day MA of 2.54, and above the 200-day MA of 2.13, indicating a neutral trend. The MACD of 0.05 indicates Positive momentum. The RSI at 47.88 is Neutral, neither overbought nor oversold. The STOCH value of 15.89 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SHIM.

Shimmick Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GLDD	73 Outperform	800.98M	11.19	14.88%	―	24.40%	61.44%
AMRC	68 Neutral	1.83B	29.89	5.62%	―	22.85%	8.26%
MTRX	64 Neutral	362.93M	-12.18	―	―	5.64%	-16.41%
ORN	64 Neutral	344.11M	30.73	6.82%	―	15.85%	―
SHIM	46 Neutral	$98.88M	―	-679.42%	―	-0.77%	30.69%
SLND	45 Neutral	240.26M	-2.96	-48.80%	―	-23.35%	-49.27%
Sector *	55 Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%

Shimmick Corporation Corporate Events

Shimmick Corporation Enters Market Offering Agreement

On September 8, 2025, Shimmick Corporation entered into an At The Market Offering Agreement with Roth Capital Partners, LLC for the sale of its common stock, with an aggregate offering amount up to $7,800,000. The sales will be made in “at the market offerings” under the Securities Act of 1933, and the company is not obligated to sell any shares. The agreement allows for suspension or termination by either party and includes a commission for the sales agent and indemnification against certain liabilities.