SiTime (SITM) to Release Quarterly Earnings on Wednesday

SiTime (NASDAQ:SITM - Get Free Report) is expected to be posting its Q2 2025 quarterly earnings results after the market closes on Wednesday, August 6th. Analysts expect SiTime to post earnings of $0.29 per share and revenue of $64.66 million for the quarter.

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

SiTime Stock Down 4.8%

Shares of NASDAQ SITM traded down $9.76 during trading on Friday, reaching $193.09. The company had a trading volume of 403,869 shares, compared to its average volume of 247,587. SiTime has a 12-month low of $105.40 and a 12-month high of $268.18. The stock has a market cap of $4.58 billion, a PE ratio of -50.81 and a beta of 2.20. The business's 50-day moving average is $207.89 and its 200 day moving average is $186.23.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Stifel Nicolaus increased their price objective on SiTime from $210.00 to $230.00 and gave the company a "buy" rating in a research report on Friday, July 18th. Barclays increased their price objective on SiTime from $135.00 to $180.00 and gave the company 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 stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $228.00.

Insider Buying and Selling

In other news, CEO Rajesh Vashist sold 20,000 shares of the firm's stock in a transaction dated Friday, May 16th. The stock was sold at an average price of $210.65, for a total value of $4,213,000.00. Following the transaction, the chief executive officer owned 490,320 shares of the company's stock, valued at $103,285,908. This trade represents a 3.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Vincent P. Pangrazio sold 5,026 shares of the firm's stock in a transaction dated Monday, May 19th. The stock was sold at an average price of $204.55, for a total value of $1,028,068.30. Following the completion of the transaction, the insider directly owned 64,842 shares in the company, valued at $13,263,431.10. This trade represents a 7.19% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 64,551 shares of company stock valued at $13,413,996 in the last 90 days. Insiders own 2.10% of the company's stock.

Institutional Trading of SiTime

Several institutional investors and hedge funds have recently added to or reduced their stakes in SITM. AQR Capital Management LLC raised its stake in SiTime by 310.8% during the 1st quarter. AQR Capital Management LLC now owns 10,754 shares of the company's stock valued at $1,557,000 after purchasing an additional 8,136 shares during the period. Intech Investment Management LLC raised its stake in SiTime by 21.6% during the 1st quarter. Intech Investment Management LLC now owns 8,322 shares of the company's stock valued at $1,272,000 after purchasing an additional 1,477 shares during the period. Royal Bank of Canada raised its stake in SiTime by 12.5% during the 1st quarter. Royal Bank of Canada now owns 4,411 shares of the company's stock valued at $675,000 after purchasing an additional 491 shares during the period. Finally, Advisors Asset Management Inc. raised its stake in SiTime by 33.6% during the 1st quarter. Advisors Asset Management Inc. now owns 350 shares of the company's stock valued at $54,000 after purchasing an additional 88 shares during the period. Institutional investors own 84.31% of the company's stock.

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.