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Shimmick Corporation ( (SHIM) ) has issued an update.
On June 4, 2025, Shimmick Corporation held its 2025 Annual Meeting of Stockholders, where six directors were elected for one-year terms and Deloitte & Touche LLP was ratified as the independent registered public accounting firm for the fiscal year ending January 2, 2026. The election and ratification were supported by the majority of stockholder votes, indicating strong shareholder approval for the company’s leadership and financial oversight.
The most recent analyst rating on (SHIM) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on Shimmick Corporation stock, see the SHIM Stock Forecast page.
Spark’s Take on SHIM Stock
According to Spark, TipRanks’ AI Analyst, SHIM is a Neutral.
Shimmick Corporation’s overall stock score is primarily impacted by its poor financial performance, characterized by negative earnings and liquidity issues. While technical analysis shows some recent price support, the valuation remains unattractive with a negative P/E ratio. The appointment of a new CFO is a positive step but insufficient to offset the company’s current financial challenges.
To see Spark’s full report on SHIM stock, click here.
More about Shimmick Corporation
Average Trading Volume: 16,727
Technical Sentiment Signal: Sell
Current Market Cap: $51.63M
See more insights into SHIM stock on TipRanks’ Stock Analysis page.