Shimmick Corp (SHIM)
NASDAQIndustrialsEngineering & ConstructionSnapshot 2026-11-04
$2.39-6.64%
Close 2026-11-04 · 1-day change
NASDAQIndustrialsEngineering & ConstructionSnapshot 2026-11-04
QuarterlyIQ Insights · SHIM
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
A comparable price-assumption read is not available for this company.
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Model as of 2026-11-04 · Compared with 13 industry peers
SHIM — credit agreement
Dated 2026-10-08
Entry into a Material Definitive Agreement. On October 2, 2026 (the “Closing Date”), Shimmick Corporation (the “Company”), through its wholly-owned subsidiary Shimmick Construction Company, Inc. (the “Borrower”), and Sixty-First Commercial Finance, LLC (the “Lender”) entered into a Loan and Security Agreement (the “Loan Agreement”) which provides for a borrowing capacity of $14.3 million as evidenced by a promissory note (the “Promissory Note”). The Company intends to use the proceeds receive…
Why it matters: A material agreement ended in October, but the event summary gives no terms. The filing can show whether this affects cash or planned work.
Watch forA filing names the ended agreement and shows no added cash cost or lost project work.
Also watch forA filing links the ended agreement to a cash cost, lost work, or a new debt need.
Why it matters: The October loan adds borrowing capacity, while earlier results showed rising interest costs. Check whether cash needs or debt costs grow.
Worry ifThe next filing shows higher debt or interest costs. Or, liquidity falls below the $33M reported for July 3.
Less concerning ifThe next filing shows liquidity at or above $33M, with no rise in debt or interest expense.
Why it matters: Backlog reached $991M, and new Shimmick Projects made up over 97% of it. More awards can help support future work.
Supportive ifA later release reports backlog at or above $991M and a book-to-burn ratio above 1.0x.
Worry ifA later release reports backlog below $991M and a book-to-burn ratio below 1.0x.
Why it matters: Shimmick cut its 2026 revenue range but kept its EBITDA range. Q3 results will show if it can still meet both goals.
Watch forOn November 12, Q3 results keep revenue and Adjusted EBITDA on pace for $525M-$575M and $15M-$30M for 2026.
Also watch forOn November 12, Shimmick cuts either 2026 range, or results put it below pace for both ranges.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$236 on $10,000 · ±2.4% | How much price usually moves either way. |
| Bad day | $783 loss on $10,000 · 7.8% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $6,582 loss on $10,000 · 65.8% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Shimmick says these old jobs may bring more costs as they wind down. New losses could hurt already thin earnings.
Worry ifA later report records a new loss charge or lower gross margin from Non-Core Loss Projects.
Less concerning ifA later report shows no new loss charge and lower Non-Core revenue as the old jobs wind down.