SiTime (NASDAQ:SITM) Given New $775.00 Price Target at UBS Group

SiTime (NASDAQ:SITM) had its target price hoisted by investment analysts at UBS Group from $675.00 to $775.00 in a research note issued to investors on Thursday,Benzinga reports. The firm presently has a “buy” rating on the stock. UBS Group’s price target would indicate a potential downside of 2.80% from the company’s current price.

Other equities analysts have also issued research reports about the company. Stifel Nicolaus upped their price objective 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 issued a $800.00 price objective on shares of SiTime in a research note on Thursday. Wall Street Zen lowered SiTime from a “buy” rating to a “hold” rating in a research note on Saturday, April 11th. Roth Mkm reissued a “buy” rating and set a $900.00 price target on shares of SiTime in a research note on Thursday. Finally, Barclays raised SiTime from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $400.00 to $850.00 in a research note on Thursday. Eight equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $661.88.

SiTime Price Performance

Shares of NASDAQ SITM traded up $173.98 during mid-day trading on Thursday, reaching $797.31. The company’s stock had a trading volume of 1,265,499 shares, compared to its average volume of 408,635. The firm has a market capitalization of $21.05 billion, a PE ratio of -438.08 and a beta of 2.91. The stock has a fifty day moving average of $422.53 and a two-hundred day moving average of $370.64. SiTime has a 52 week low of $173.14 and a 52 week high of $845.00.

SiTime (NASDAQ:SITM) last released its quarterly earnings data on Wednesday, February 4th. The company reported $1.53 earnings per share for the quarter, topping analysts’ consensus estimates of $1.20 by $0.33. The firm had revenue of $113.29 million during the quarter, compared to analyst estimates of $101.91 million. SiTime had a negative return on equity of 2.06% and a negative net margin of 13.13%.The business’s quarterly revenue was up 66.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.48 earnings per share. Analysts anticipate that SiTime will post 1.31 EPS for the current fiscal year.

Insider Activity at SiTime

In related news, Director Akira Takata sold 3,500 shares of the stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $431.73, for a total transaction of $1,511,055.00. Following the completion of the transaction, the director directly owned 13,734 shares of the company’s stock, valued at approximately $5,929,379.82. This represents a 20.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Raman Chitkara sold 501 shares of the stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $425.03, for a total value of $212,940.03. Following the transaction, the director directly owned 21,508 shares of the company’s stock, valued at approximately $9,141,545.24. The trade was a 2.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 26,178 shares of company stock valued at $11,282,324 in the last 90 days. 1.40% of the stock is currently owned by insiders.

Institutional Investors Weigh In On SiTime

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Rakuten Securities Inc. raised its holdings in shares of SiTime by 188.5% in the fourth quarter. Rakuten Securities Inc. now owns 75 shares of the company’s stock worth $26,000 after buying an additional 49 shares during the period. Hantz Financial Services Inc. raised its stake in shares of SiTime by 190.3% during the third quarter. Hantz Financial Services Inc. now owns 90 shares of the company’s stock valued at $27,000 after acquiring an additional 59 shares in the last quarter. Optiver Holding B.V. raised its stake in shares of SiTime by 56.1% during the third quarter. Optiver Holding B.V. now owns 89 shares of the company’s stock valued at $27,000 after acquiring an additional 32 shares in the last quarter. Parallel Advisors LLC boosted its holdings in shares of SiTime by 26.2% in the first quarter. Parallel Advisors LLC now owns 77 shares of the company’s stock valued at $27,000 after purchasing an additional 16 shares during the period. Finally, Larson Financial Group LLC grew 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 worth $30,000 after purchasing an additional 96 shares in the last quarter. 84.31% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting SiTime

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.

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.