Analysts Set SiTime Corporation (NASDAQ:SITM) Target Price at $367.50

Shares of SiTime Corporation (NASDAQ:SITMGet Free Report) have earned an average rating of “Moderate Buy” from the nine research firms that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $409.3750.

SITM has been the topic of several recent analyst reports. Raymond James Financial reaffirmed an “outperform” rating on shares of SiTime in a report on Tuesday, December 2nd. Weiss Ratings restated a “sell (d-)” rating on shares of SiTime in a research note on Thursday, January 22nd. The Goldman Sachs Group assumed coverage on shares of SiTime in a research report on Monday, December 15th. They set a “buy” rating and a $420.00 price target on the stock. Needham & Company LLC boosted their price objective on SiTime from $400.00 to $450.00 and gave the company a “buy” rating in a report on Thursday. Finally, Roth Mkm restated a “buy” rating and set a $450.00 price objective on shares of SiTime in a research note on Thursday.

Get Our Latest Stock Analysis on SITM

SiTime News Roundup

Here are the key news stories impacting SiTime this week:

  • Positive Sentiment: Q4 results materially beat expectations — EPS $1.53 vs. consensus $1.20 and revenue $113.3M (+66% y/y), driving confidence in near‑term demand and growth. SiTime Q4 beat
  • Positive Sentiment: SiTime agreed to acquire Renesas’ timing business for ~$1.5B — the deal expands addressable market and underpins management’s $1B revenue vision and a projected ~70% gross‑margin uplift if cost synergies and product cross‑sell materialize. Acquisition announcement Vision & margins
  • Positive Sentiment: Analyst support: Needham raised its price target to $450 and kept a Buy rating, signaling additional analyst conviction that could attract buyers. Price target raise
  • Neutral Sentiment: Management commentary highlights upside potential: CEO said SiTime tech could eventually be used in “billions” of Renesas chips — promising but dependent on product qualification and ramp. CEO remarks
  • Neutral Sentiment: Earnings call materials and transcripts are available for investor due diligence — useful for details on integration plans and margin guidance. Earnings presentation Call transcript
  • Negative Sentiment: Deal and execution risks: the $1.5B acquisition is large relative to market cap and execution/integration risk could weigh on cash flow, margins and near‑term returns; the company still shows negative net margin and analysts expect negative EPS for the current year, so investor gains hinge on successful integration and margin delivery. Deal size & risks

Insider Activity at SiTime

In related news, insider Samsheer Ahamad sold 4,000 shares of the firm’s 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 transaction, the insider directly owned 51,711 shares in the company, valued at $15,053,072.10. This trade represents a 7.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Rajesh Vashist sold 2,000 shares of the business’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $369.20, for a total transaction of $738,400.00. Following the sale, the chief executive officer owned 431,609 shares of the company’s stock, valued at approximately $159,350,042.80. The trade was a 0.46% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 9,500 shares of company stock valued at $2,922,210. Corporate insiders own 2.10% of the company’s stock.

Hedge Funds Weigh In On SiTime

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Rakuten Securities Inc. raised its position in shares of SiTime by 188.5% during the 4th quarter. Rakuten Securities Inc. now owns 75 shares of the company’s stock worth $26,000 after purchasing an additional 49 shares during the period. Optiver Holding B.V. increased its position in SiTime by 56.1% in the third quarter. Optiver Holding B.V. now owns 89 shares of the company’s stock worth $27,000 after buying an additional 32 shares during the period. Hantz Financial Services Inc. increased its position in SiTime by 190.3% in the third quarter. Hantz Financial Services Inc. now owns 90 shares of the company’s stock worth $27,000 after buying an additional 59 shares during the period. Larson Financial Group LLC lifted its stake in SiTime by 3,200.0% in the third quarter. Larson Financial Group LLC now owns 99 shares of the company’s stock valued at $30,000 after buying an additional 96 shares during the last quarter. Finally, Danske Bank A S acquired a new position in shares of SiTime during the fourth quarter valued at $35,000. 84.31% of the stock is currently owned by institutional investors and hedge funds.

SiTime Stock Performance

NASDAQ:SITM opened at $418.69 on Thursday. The stock has a market cap of $10.93 billion, a price-to-earnings ratio of -230.05 and a beta of 2.51. SiTime has a one year low of $105.40 and a one year high of $440.00. The business’s 50-day simple moving average is $359.69 and its 200 day simple moving average is $296.24.

SiTime (NASDAQ:SITMGet Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $1.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.33. The company had revenue of $113.28 million for the quarter, compared to the consensus estimate of $101.91 million. SiTime had a negative return on equity of 2.06% and a negative net margin of 13.13%.SiTime’s revenue for the quarter was up 66.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.48 EPS. On average, equities research analysts predict that SiTime will post -2.44 EPS for the current year.

SiTime Company Profile

(Get Free Report)

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.

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Analyst Recommendations for SiTime (NASDAQ:SITM)

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