SiTime (NASDAQ:SITM) Stock Rating Upgraded by Wall Street Zen

Key Points

• Wall Street Zen upgraded SiTime from “hold” to “buy,” adding to a wave of upbeat analyst calls after the company’s strong earnings report.
• SiTime beat Q1 expectations with EPS of $1.44 and revenue of $113.6 million, while revenue jumped 88.3% year over year. The company also raised Q2 guidance well above consensus.
• Analyst sentiment remains bullish overall, with several firms lifting price targets as high as $850 to $900; MarketBeat says the stock currently has a Moderate Buy consensus and an average target of $661.88.

SiTime (NASDAQ:SITM - Get Free Report) was upgraded by equities researchers at Wall Street Zen from a "hold" rating to a "buy" rating in a report released on Saturday.

Several other research analysts have also recently weighed in on SITM. Roth Mkm restated a "buy" rating and set a $900.00 target price on shares of SiTime in a report on Thursday. Needham & Company LLC upped their price objective on SiTime from $450.00 to $850.00 and gave the company a "buy" rating in a report on Thursday. Weiss Ratings reiterated a "sell (d-)" rating on shares of SiTime in a report on Tuesday, April 21st. Barclays upgraded SiTime from an "equal weight" rating to an "overweight" rating and upped their price objective for the company from $400.00 to $850.00 in a report on Thursday. Finally, The Goldman Sachs Group reiterated a "buy" rating and issued a $800.00 price objective on shares of SiTime in a report on Thursday. Eight research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $661.88.

SiTime Price Performance

Shares of SiTime stock opened at $833.08 on Friday. The stock has a market cap of $21.99 billion, a P/E ratio of -824.83 and a beta of 2.91. The stock's 50 day simple moving average is $422.53 and its 200-day simple moving average is $370.64. SiTime has a 1-year low of $185.49 and a 1-year high of $845.00.

SiTime (NASDAQ:SITM - Get Free Report) last issued its earnings results on Wednesday, May 6th. The company reported $1.44 earnings per share for the quarter, topping the consensus estimate of $1.14 by $0.30. The business had revenue of $113.57 million for the quarter, compared to analysts' expectations of $103.51 million. SiTime had a positive return on equity of 0.53% and a negative net margin of 6.38%.The business's revenue for the quarter was up 88.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.26 EPS. As a group, research analysts expect that SiTime will post 1.31 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Fariborz Assaderaghi sold 4,984 shares of the stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $406.45, for a total value of $2,025,746.80. Following the transaction, the insider owned 89,194 shares of the company's stock, valued at $36,252,901.30. This represents a 5.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Piyush B. Sevalia sold 2,419 shares of the company's stock in a transaction on Friday, April 17th. The shares were sold at an average price of $484.05, for a total transaction of $1,170,916.95. Following the completion of the transaction, the insider owned 84,250 shares of the company's stock, valued at $40,781,212.50. This represents a 2.79% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 22,678 shares of company stock worth $9,771,269 over the last ninety days. Insiders own 1.40% of the company's stock.

Institutional Investors Weigh In On SiTime

A number of hedge funds have recently added to or reduced their stakes in SITM. Emerald Mutual Fund Advisers Trust increased its stake in shares of SiTime by 10.6% during the 3rd quarter. Emerald Mutual Fund Advisers Trust now owns 98,689 shares of the company's stock worth $29,736,000 after purchasing an additional 9,492 shares in the last quarter. Federated Hermes Inc. increased its stake in shares of SiTime by 25.0% during the 3rd quarter. Federated Hermes Inc. now owns 125,000 shares of the company's stock worth $37,664,000 after purchasing an additional 25,000 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH increased its stake in shares of SiTime by 21.2% during the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 44,363 shares of the company's stock worth $13,367,000 after purchasing an additional 7,772 shares in the last quarter. Teachers Retirement System of The State of Kentucky increased its stake in shares of SiTime by 145.9% during the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 12,215 shares of the company's stock worth $3,681,000 after purchasing an additional 7,247 shares in the last quarter. Finally, Cibc World Market Inc. purchased a new position in shares of SiTime during the 3rd quarter worth approximately $2,259,000. Institutional investors and hedge funds own 84.31% of the company's stock.

Key Stories Impacting SiTime

Here are the key news stories impacting SiTime this week:

• Positive Sentiment: SiTime posted strong Q1 2026 results, with EPS of $1.44 beating consensus of $1.14 and revenue of $113.6 million topping estimates, while revenue jumped 88.3% year over year. SiTime Earnings Report
• Positive Sentiment: The company raised second-quarter 2026 guidance well above Wall Street expectations, calling for EPS of $1.85 to $2.00 and revenue of $140 million to $150 million versus much lower consensus forecasts. SiTime Q1 2026 Financial Results
• Positive Sentiment: UBS Group raised its price target on SiTime to $775 and kept a buy rating, while Needham lifted its target to $850, signaling continued analyst confidence after the earnings beat. UBS Price Target Raise
• Neutral Sentiment: Investors are also digesting the Q1 earnings call transcript and commentary around growth opportunities in AI data centers and LEO satellites, which may support the long-term story but is less immediate than the earnings/guidance update. SiTime Q1 2026 Earnings Call Transcript
• Negative Sentiment: Despite the strong report, some coverage noted the stock initially fell after the release, likely reflecting lingering concerns about profitability since SiTime remains in a net loss position. SiTime Stock Falls on Q1 2026 Earnings

SiTime Company Profile

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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