SiTime (SITM) Expected to Announce Earnings on Wednesday

SiTime (NASDAQ:SITM) will likely be posting its Q2 2025 quarterly earnings results after the market closes on Wednesday, August 6th. Analysts expect the company to announce earnings of $0.29 per share and revenue of $64.66 million for the quarter.

SiTime (NASDAQ:SITM) last issued its earnings results on Wednesday, May 7th. The company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.15. The firm had revenue of $60.31 million for the quarter, compared to analyst estimates of $54.01 million. SiTime had a negative return on equity of 9.43% and a negative net margin of 38.60%. SiTime’s revenue for the quarter was up 82.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.08) earnings per share. On average, analysts expect SiTime to post $-2 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

SiTime Stock Up 3.8%

Shares of NASDAQ SITM opened at $200.36 on Tuesday. The business’s 50 day moving average price is $207.95 and its 200 day moving average price is $185.09. The firm has a market cap of $4.75 billion, a P/E ratio of -52.73 and a beta of 2.20. SiTime has a 52 week low of $105.40 and a 52 week high of $268.18.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Stifel Nicolaus upped their target price on SiTime from $210.00 to $230.00 and gave the company a “buy” rating in a research report on Friday, July 18th. Barclays upped their price target on shares of SiTime from $135.00 to $180.00 and gave the stock an “underweight” rating in a research report on Wednesday, June 11th. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $228.00.

Insiders Place Their Bets

In related news, CEO Rajesh Vashist sold 2,000 shares of the firm’s stock in a transaction dated Friday, July 18th. The stock was sold at an average price of $215.00, for a total transaction of $430,000.00. Following the completion of the sale, the chief executive officer directly owned 472,763 shares of the company’s stock, valued at approximately $101,644,045. This trade represents a 0.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Lionel Bonnot sold 1,991 shares of the firm’s stock in a transaction dated Thursday, May 22nd. The shares were sold at an average price of $201.36, for a total value of $400,907.76. Following the transaction, the insider owned 82,579 shares of the company’s stock, valued at $16,628,107.44. This trade represents a 2.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 64,551 shares of company stock worth $13,413,996. 2.30% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On SiTime

A number of hedge funds and other institutional investors have recently bought and sold shares of SITM. AQR Capital Management LLC boosted its stake in shares of SiTime by 310.8% in the 1st quarter. AQR Capital Management LLC now owns 10,754 shares of the company’s stock valued at $1,557,000 after buying an additional 8,136 shares during the period. Intech Investment Management LLC lifted its stake in SiTime by 21.6% in the first quarter. Intech Investment Management LLC now owns 8,322 shares of the company’s stock valued at $1,272,000 after buying an additional 1,477 shares during the last quarter. Royal Bank of Canada lifted its stake in SiTime by 12.5% in the first quarter. Royal Bank of Canada now owns 4,411 shares of the company’s stock valued at $675,000 after buying an additional 491 shares during the last quarter. Finally, Advisors Asset Management Inc. lifted its stake in SiTime by 33.6% in the first quarter. Advisors Asset Management Inc. now owns 350 shares of the company’s stock valued at $54,000 after buying an additional 88 shares during the last quarter. 84.31% of the stock is currently owned by hedge funds and other institutional investors.

About SiTime

SiTime Corporation designs, develops, and sells silicon timing systems solutions in Taiwan, Hong Kong, the United States, Singapore, and internationally. The company provides resonators and clock integrated circuits, and various types of oscillators. It serves various markets, including communications, datacenter, enterprise, automotive, industrial, internet of things, mobile, consumer, and aerospace and defense.