Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
SiTime Corp Market Cap
The SiTime Corp (SITM) share price is expected to decrease by 22.89% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered SITM. Price targets range from $90 at the low end to $175 at the high end. The current analyst consensus for SITM is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
SiTime Corp has a total of 0 Wall St Analyst ratings. There are 0 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a sell consensus rating, the expectation is that SiTime Corp will perform worse than the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of SITM.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Tom O'Malley Barclays | Underweight | $90 | Downgrade | Aug 27, 2024 |
| Tom O'Malley Barclays | Equal-Weight | $90 | Maintains | Aug 8, 2024 |
| Tore Svanberg Stifel | Buy | $175 | Maintains | Jul 18, 2024 |
| Quinn Bolton Needham | Buy | $130 | Reiterates | Jun 25, 2024 |
| Quinn Bolton Needham | Buy | $130 | Upgrade | May 9, 2024 |
| Tom O'Malley Barclays | Equal-Weight | $130 | Maintains | Jan 16, 2024 |
| Tore Svanberg Stifel | Buy | $150 | Maintains | Jan 2, 2024 |
| Suji Desilva Roth MKM | Buy | $125 | Maintains | Nov 3, 2023 |
| Melissa Fairbanks Raymond James | Outperform | $145 | Maintains | Aug 3, 2023 |
| Blayne Curtis Barclays | Equal-Weight | $110 | Maintains | Jul 20, 2023 |
| Chris Caso Wolfe Research | Outperform | $160 | Initiates | Jul 20, 2023 |
| Tore Svanberg Stifel | Buy | $140 | Maintains | Jul 20, 2023 |
| Quinn Bolton Needham | Hold | Downgrade | May 4, 2023 | |
| Quinn Bolton Needham | Buy | $150 | Maintains | Feb 2, 2023 |
| Melissa Fairbanks Raymond James | Outperform | $130 | Maintains | Feb 2, 2023 |
| Blayne Curtis Barclays | Overweight | $135 | Maintains | Feb 2, 2023 |
| Suji Desilva Roth Capital | Buy | $150 | Maintains | Feb 1, 2023 |
| Blayne Curtis Barclays | Overweight | $120 | Maintains | Jan 23, 2023 |
| Chris Caso Credit Suisse | Outperform | $135 | Initiates | Nov 16, 2022 |
| Quinn Bolton Needham | Buy | $115 | Maintains | Nov 3, 2022 |
When did it IPO
N/A
Staff Count
382
Country
United States
Sector/Industry
Technology/Semiconductors
CEO
Mr. Rajesh Vashist
Market Cap
$4.15B
In 2023, SITM generated $144.0M in revenue, which was a decrease of -49.23% from the previous year. This can be seen as a signal that SITM's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Wed, 07 Aug 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - SiTime Corporation (NASDAQ:SITM) held its Q2 2024 earnings conference call on August 7, 2024, featuring CEO Rajesh Vashist and CFO Beth Howe among participants.
Why It Matters - SiTime's Q2 earnings call could signal key financial performance insights, impacting stock valuation and investor sentiment. Analyst questions may reveal future growth prospects.
Wed, 07 Aug 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - SiTime Corporation (Nasdaq: SITM) reported its financial results for Q2 2024, ending June 30. Further details on performance metrics were not provided in the excerpt.
Why It Matters - SiTime's Q2 financial results can influence stock performance, indicating growth or challenges that affect investor confidence and market sentiment.
Wed, 07 Aug 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - SiTime (SITM) reported quarterly earnings of $0.12 per share, exceeding the Zacks Consensus Estimate of $0.04, and improving from a loss of $0.22 per share a year earlier.
Why It Matters - SiTime's strong earnings beat signals improved profitability and growth potential, positively influencing investor sentiment and stock valuation.
Wed, 31 Jul 2024
Sentiment - POSITIVE
Source - InvestorPlace
Summary - Tech stocks remain a strong segment in the equities market, driven by ongoing demand for innovation and efficiency in modern societies.
Why It Matters - Rising demand for tech innovations indicates strong growth potential, making tech stocks attractive for capital appreciation and long-term investment strategies.
Wed, 17 Jul 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - SiTime (SITM) experienced significant trading volume recently, but current earnings estimate revisions may hinder its upward momentum in the near term.
Why It Matters - Higher trading volume suggests increased interest, but negative earnings estimate revisions may signal potential weakness, impacting future stock performance and investor sentiment.
Thu, 11 Jul 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - SiTime Corporation (Nasdaq: SITM) will release its Q2 2024 financial results on August 7, 2024, after market close.
Why It Matters - SiTime's upcoming Q2 2024 financial results announcement may impact stock performance, influencing investor sentiment and potential market movements based on earnings and guidance.
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