UBS Group Increases SiTime (NASDAQ:SITM) Price Target to $775.00

Key Points

• Analyst upgrades: UBS raised its price target on SiTime to $775 with a "buy" rating, joining several firms that lifted targets (Needham to $850, Goldman $800, Roth MKM $900) while the consensus remains a Moderate Buy.
• Sharp rally on results/guidance: The shares surged about 27.9% to $797.31 on heavy volume after SiTime beat Q1 revenue/EPS expectations (~$113M revenue) and issued very strong Q2 guidance (revenue $140–$150M; EPS $1.85–$2.00).
• Risks remain: Despite rapid top‑line growth, SiTime still reports negative net margin and ROE, and recent insider selling could add volatility.

SiTime (NASDAQ:SITM - Get Free Report) had its target price increased by equities researchers at UBS Group from $675.00 to $775.00 in a note issued to investors on Thursday,Benzinga reports. The firm currently has a "buy" rating on the stock. UBS Group's price target would suggest a potential downside of 2.80% from the company's current price.

SITM has been the topic of several other reports. Needham & Company LLC upped their price objective on SiTime from $450.00 to $850.00 and gave the company a "buy" rating in a research report on Thursday. Stifel Nicolaus boosted their price target on SiTime from $450.00 to $500.00 and gave the stock a "buy" rating in a research note on Thursday, April 16th. The Goldman Sachs Group reaffirmed a "buy" rating and set a $800.00 price target on shares of SiTime in a report on Thursday. Barclays raised SiTime from an "equal weight" rating to an "overweight" rating and increased their price objective for the company from $400.00 to $850.00 in a research report on Thursday. Finally, Roth Mkm reiterated a "buy" rating and issued a $900.00 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 company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $661.88.

SiTime Trading Up 27.9%

NASDAQ:SITM traded up $173.98 during trading hours on Thursday, reaching $797.31. 1,265,499 shares of the company traded hands, compared to its average volume of 408,635. The business's 50-day moving average price is $422.53 and its two-hundred day moving average price is $370.64. The stock has a market capitalization of $21.05 billion, a P/E ratio of -438.08 and a beta of 2.91. SiTime has a 1 year low of $173.14 and a 1 year high of $845.00.

SiTime (NASDAQ:SITM - Get Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The company reported $1.53 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.20 by $0.33. SiTime had a negative return on equity of 2.06% and a negative net margin of 13.13%.The business had revenue of $113.29 million during the quarter, compared to analysts' expectations of $101.91 million. During the same quarter in the previous year, the business earned $0.48 earnings per share. The firm's quarterly revenue was up 66.3% compared to the same quarter last year. As a group, equities analysts anticipate that SiTime will post 1.31 EPS for the current year.

Insider Activity

In other news, insider Samsheer Ahamad sold 9,100 shares of the firm's stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $441.47, for a total transaction of $4,017,377.00. Following the sale, the insider owned 52,938 shares of the company's stock, valued at $23,370,538.86. This trade represents a 14.67% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Akira Takata sold 3,500 shares of SiTime stock in a transaction on Friday, February 6th. The stock was sold at an average price of $431.73, for a total value of $1,511,055.00. Following the completion of the sale, the director directly owned 13,734 shares of the company's stock, valued at $5,929,379.82. The trade was a 20.31% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 26,178 shares of company stock worth $11,282,324. 1.40% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On SiTime

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in SiTime by 2.2% during the 4th quarter. Vanguard Group Inc. now owns 2,825,402 shares of the company's stock worth $997,904,000 after acquiring an additional 61,336 shares during the period. Invesco Ltd. raised its stake in SiTime by 1.8% during the 3rd quarter. Invesco Ltd. now owns 1,037,305 shares of the company's stock worth $312,550,000 after acquiring an additional 18,165 shares during the period. State Street Corp raised its stake in SiTime by 3.7% during the 2nd quarter. State Street Corp now owns 911,280 shares of the company's stock worth $194,176,000 after acquiring an additional 32,178 shares during the period. Ameriprise Financial Inc. raised its stake in SiTime by 22.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 736,281 shares of the company's stock worth $156,887,000 after acquiring an additional 132,948 shares during the period. Finally, Whale Rock Capital Management LLC raised its stake in SiTime by 45.4% during the 4th quarter. Whale Rock Capital Management LLC now owns 698,539 shares of the company's stock worth $246,717,000 after acquiring an additional 218,038 shares during the period. Institutional investors own 84.31% of the company's stock.

More SiTime News

Here are the key news stories impacting SiTime this week:

• Positive Sentiment: Q1 results beat consensus: SiTime reported strong Q1 revenue (~$113.6M, roughly +80–88% YoY across reports) and EPS above expectations, confirming materially faster top‑line growth. This is a primary driver of buying interest. Read More.
• Positive Sentiment: Very strong Q2 guidance: management gave Q2 EPS guidance of $1.85–$2.00 and revenue guidance of $140–$150M — well above consensus — which signals continued high demand and drove much of the rally. Read More.
• Positive Sentiment: Analyst upgrade / price‑target lift: Needham raised its price target to $850 and reiterated a Buy, supporting investor conviction and momentum. Read More.
• Positive Sentiment: Market narrative / end‑market exposure: coverage in Barron's and other outlets highlights SiTime as a play on AI/data‑center timing needs and LEO satellite opportunities, which helps the stock's re‑rating. Read More.
• Neutral Sentiment: Independent confirmations: Zacks, Seeking Alpha and other outlets report the quarter as a beat, providing broader analyst/media confirmation but not new information. Read More.
• Negative Sentiment: Profitability still a concern: despite top‑line strength, the company reported negative net margin and negative ROE on the most recent public metrics, so investors are paying for growth over near‑term profitability. Read More.
• Negative Sentiment: Insider selling and mixed third‑party takes: data aggregators flagged significant insider stock sales over recent months and some third‑party reports noted a post‑close pullback on parts of the release; these can add volatility and caution. Read More.

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.

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