SiTime (NASDAQ:SITM) Given New $450.00 Price Target at Needham & Company LLC

SiTime (NASDAQ:SITM) had its target price boosted by Needham & Company LLC from $400.00 to $450.00 in a report released on Thursday, MarketBeat reports. Needham & Company LLC currently has a buy rating on the stock.

A number of other brokerages have also issued reports on SITM. Weiss Ratings reiterated a “sell (d-)” rating on shares of SiTime in a research note on Thursday, January 22nd. Barclays set a $400.00 price objective on shares of SiTime in a report on Thursday. Raymond James Financial reiterated an “outperform” rating on shares of SiTime in a report on Tuesday, December 2nd. The Goldman Sachs Group began coverage on shares of SiTime in a research note on Monday, December 15th. They issued a “buy” rating and a $420.00 price target for the company. Finally, Loop Capital initiated coverage on SiTime in a research report on Friday, November 21st. They set a “buy” rating and a $350.00 price objective on the stock. Seven investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $409.38.

SiTime Stock Performance

SiTime stock opened at $410.29 on Thursday. The company has a market capitalization of $10.71 billion, a PE ratio of -225.43 and a beta of 2.51. SiTime has a fifty-two week low of $105.40 and a fifty-two week high of $438.19. The firm has a 50 day moving average price of $357.32 and a 200 day moving average price of $294.11.

SiTime (NASDAQ:SITM) last released its quarterly earnings results on Wednesday, February 4th. The company reported $1.53 EPS for the quarter, topping the consensus estimate of $1.20 by $0.33. The business had revenue of $113.28 million during the quarter, compared to analyst estimates of $101.91 million. SiTime had a negative return on equity of 2.16% and a negative net margin of 13.13%.The company’s quarterly revenue was up 66.3% on a year-over-year basis. During the same period last year, the business posted $0.48 earnings per share. As a group, equities research analysts forecast that SiTime will post -2.44 earnings per share for the current year.

Insiders Place Their Bets

In other SiTime news, CEO Rajesh Vashist sold 2,000 shares of the stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $369.20, for a total value of $738,400.00. Following the sale, the chief executive officer directly owned 431,609 shares of the company’s stock, valued at approximately $159,350,042.80. This represents a 0.46% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Samsheer Ahamad sold 4,000 shares of SiTime stock in a transaction on Monday, December 1st. The stock was sold at an average price of $291.10, for a total transaction of $1,164,400.00. Following the sale, the insider directly owned 51,711 shares of the company’s stock, valued at approximately $15,053,072.10. This trade represents a 7.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 9,500 shares of company stock worth $2,922,210 in the last 90 days. Corporate insiders own 2.10% of the company’s stock.

Institutional Investors Weigh In On SiTime

Institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. lifted its position in shares of SiTime by 2.2% during the 4th quarter. Vanguard Group Inc. now owns 2,825,402 shares of the company’s stock valued at $997,904,000 after acquiring an additional 61,336 shares during the period. Invesco Ltd. increased its stake in SiTime by 1.8% in the 3rd quarter. Invesco Ltd. now owns 1,037,305 shares of the company’s stock valued at $312,550,000 after purchasing an additional 18,165 shares in the last quarter. State Street Corp raised its holdings in SiTime by 3.7% during the second quarter. State Street Corp now owns 911,280 shares of the company’s stock worth $194,176,000 after purchasing an additional 32,178 shares during the last quarter. Ameriprise Financial Inc. boosted its position in SiTime by 22.0% during the second quarter. Ameriprise Financial Inc. now owns 736,281 shares of the company’s stock worth $156,887,000 after purchasing an additional 132,948 shares in the last quarter. Finally, Wellington Management Group LLP grew its holdings in SiTime by 36.8% in the third quarter. Wellington Management Group LLP now owns 537,741 shares of the company’s stock valued at $162,027,000 after purchasing an additional 144,671 shares during the last quarter. 84.31% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about SiTime

Here are the key news stories impacting SiTime this week:

• Positive Sentiment: SiTime agreed to acquire Renesas’ timing business for ~$1.5 billion and signed an MOU to explore integrating SiTime’s MEMS resonators into Renesas embedded products — a deal management says accelerates SiTime’s path to $1B revenue and adds scale/market access. SiTime to Acquire Renesas’ Timing Business
• Positive Sentiment: Q4 results beat consensus: revenue $113.3M (66% YoY), EPS $1.53 vs. $1.20 est.; non‑GAAP gross margin came in ~61.2% and cash + short‑term investments totaled ~$808M — showing strong demand (CED/AI) and a healthy balance sheet to fund the deal. SiTime Reports Fourth Quarter and Fiscal Year 2025 Financial Results
• Positive Sentiment: Management optimism — SiTime’s CEO said the company’s tech could end up in “billions” of Renesas chips, reinforcing the strategic rationale and long‑term addressable market expansion from the transaction. SiTime tech could go into billions of Renesas chips, SiTime CEO says
• Positive Sentiment: Analyst reaction: Needham raised its price target (from $400 to $450) and maintains a Buy — signals increased street confidence and likely supported investor demand. SITM SiTime price target raised by Needham
• Neutral Sentiment: Analyst/coverage pieces outline a $1B revenue vision and potential gross‑margin upside (some articles project up to ~70% gross margin post‑integration) — bullish scenarios are driving upside but are contingent on integration success. SiTime outlines $1B revenue vision with Renesas timing acquisition while projecting 70% gross margin boost
• Neutral Sentiment: Earnings call / transcripts are available for more detail on guidance, integration plans and segment performance — useful for assessing how the company models the Renesas assets into 2026. SiTime Corporation (SITM) Q4 2025 Earnings Call Transcript
• Negative Sentiment: GAAP risks and costs: despite strong non‑GAAP results, SiTime reported a full‑year GAAP net loss (~$42.9M) and will incur acquisition‑related costs and integration risk from the $1.5B deal — execution and cost control matter for realizing accretion. SiTime Reports Fourth Quarter and Fiscal Year 2025 Financial Results
• Negative Sentiment: Insider selling and integration/scale risk noted in some data summaries — watch for additional filings, financing details for the acquisition, and any dilution or covenant/closing conditions that could affect shares. SiTime Corporation Reports Q4 2025 Financial Results

About SiTime

SiTime Corporation is a fabless semiconductor company specializing in silicon timing solutions that leverage micro-electromechanical systems (MEMS) technology as an alternative to traditional quartz crystals. Its portfolio of programmable oscillators, resonators, clock generators, jitter attenuators and network synchronizers addresses precision timekeeping requirements across a wide range of electronic systems. By integrating MEMS resonators with advanced mixed-signal control circuitry, SiTime’s products offer enhanced reliability, resistance to shock and vibration, and a smaller footprint compared with conventional quartz devices.

The company’s timing devices serve diverse end markets, including telecommunications infrastructure, data center and enterprise networking, consumer electronics, automotive systems, industrial automation, and aerospace and defense applications.