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SiTime (SITM) Stock Forecast & Price Target

$149.98
-7.14 (-4.54%)
(As of 07/18/2024 ET)

SiTime - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 6 Wall Street analysts who have issued ratings for SiTime in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 6 analysts, 1 has given a hold rating, and 5 have given a buy rating for SITM.

Consensus Price Target

$144.17
-3.88% Downside
High Forecast$175.00
Average Forecast$144.17
Low Forecast$125.00

According to the 6 analysts' twelve-month price targets for SiTime, the average price target is $144.17. The highest price target for SITM is $175.00, while the lowest price target for SITM is $125.00. The average price target represents a forecasted downside of -3.88% from the current price of $149.98.

TypeCurrent Forecast
7/20/23 to 7/19/24
1 Month Ago
6/20/23 to 6/19/24
3 Months Ago
4/21/23 to 4/20/24
1 Year Ago
7/20/22 to 7/20/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
5 Buy rating(s)
4 Buy rating(s)
5 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$144.17$140.00$142.00$139.29
Forecasted Upside-3.88% Downside18.89% Upside16.47% Upside16.60% Upside
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SITM Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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SITM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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SiTime Stock vs. The Competition

TypeSiTimeComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.83
2.62
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside-3.88% Downside109.98% Upside9.15% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/18/2024Stifel Nicolaus
4 of 5 stars
 Boost TargetBuy ➝ Buy$150.00 ➝ $175.00+17.58%
6/25/2024Needham & Company LLC
3 of 5 stars
N. Bolton
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Reiterated RatingBuy ➝ Buy$130.00 ➝ $130.00+12.22%
1/16/2024Barclays
2 of 5 stars
 Boost TargetEqual Weight ➝ Equal Weight$110.00 ➝ $130.00+11.13%
11/3/2023Roth Mkm
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 Lower TargetBuy ➝ Buy$150.00 ➝ $125.00+15.40%
8/3/2023Raymond James
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 Boost TargetOutperform ➝ Outperform$130.00 ➝ $145.00+4.56%
7/19/2023Wolfe Research
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 Initiated CoverageOutperform$160.00+23.49%
2/1/2023Roth Capital
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 Boost TargetBuy$125.00 ➝ $150.00+30.17%
11/15/2022Credit Suisse Group
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 Initiated CoverageOutperform$135.00+21.42%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 07:58 AM ET.

SITM Forecast - Frequently Asked Questions

What is SiTime's forecast for 2024?

According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for SiTime is $144.17, with a high forecast of $175.00 and a low forecast of $125.00.

Should I buy or sell SiTime stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SiTime in the last twelve months. There is currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SITM shares.

Does SiTime's stock price have much upside?

According to analysts, SiTime's stock has a predicted upside of 14.08% based on their 12-month stock forecasts.

Has SiTime been upgraded by Wall Street analysts recently?

Over the previous 90 days, SiTime's stock had 1 upgrade by analysts.

What analysts cover SiTime?

SiTime has been rated by research analysts at Needham & Company LLC, and Stifel Nicolaus in the past 90 days.

Do Wall Street analysts like SiTime more than its competitors?

Analysts like SiTime more than other "computer and technology" companies. The consensus rating score for SiTime is 2.83 while the average consensus rating score for "computer and technology" companies is 2.62. Learn more on how SITM compares to other companies.


This page (NASDAQ:SITM) was last updated on 7/19/2024 by MarketBeat.com Staff

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