SiTime (NASDAQ:SITM) Price Target Raised to $775.00

SiTime (NASDAQ:SITM) had its target price lifted by UBS Group from $675.00 to $775.00 in a research note published on Thursday morning,Benzinga reports. UBS Group currently has a buy rating on the stock.

SITM has been the subject of several other reports. Wall Street Zen downgraded shares of SiTime from a “buy” rating to a “hold” rating in a research report on Saturday, April 11th. Roth Mkm restated a “buy” rating and set a $900.00 price objective on shares of SiTime in a research report on Thursday. Weiss Ratings restated a “sell (d-)” rating on shares of SiTime in a research report on Tuesday, April 21st. The Goldman Sachs Group restated a “buy” rating and set a $800.00 price objective on shares of SiTime in a research report on Thursday. Finally, Barclays upgraded shares of SiTime from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $400.00 to $850.00 in a research report on Thursday. Eight research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, SiTime has an average rating of “Moderate Buy” and a consensus price target of $661.88.

SiTime Stock Up 4.5%

Shares of SITM stock opened at $833.08 on Thursday. The firm has a 50 day moving average price of $422.53 and a two-hundred day moving average price of $370.64. The company has a market capitalization of $21.99 billion, a PE ratio of -824.83 and a beta of 2.91. SiTime has a 12-month low of $185.49 and a 12-month high of $845.00.

SiTime (NASDAQ:SITM) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $1.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.14 by $0.30. The firm had revenue of $113.57 million during the quarter, compared to the consensus estimate of $103.51 million. SiTime had a negative net margin of 6.38% and a positive return on equity of 0.53%. The business’s revenue for the quarter was up 88.3% compared to the same quarter last year. During the same period last year, the business posted $0.26 earnings per share. As a group, research analysts expect that SiTime will post 1.31 EPS for the current year.

Insider Activity at SiTime

In other SiTime news, insider Piyush B. Sevalia sold 2,419 shares of the business’s stock in a transaction on Friday, April 17th. The shares were sold at an average price of $484.05, for a total transaction of $1,170,916.95. Following the sale, the insider owned 84,250 shares of the company’s stock, valued at approximately $40,781,212.50. The trade was a 2.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Fariborz Assaderaghi sold 4,984 shares of the business’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $406.45, for a total transaction of $2,025,746.80. Following the sale, the insider directly owned 89,194 shares in the company, valued at approximately $36,252,901.30. The trade was a 5.29% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 22,678 shares of company stock worth $9,771,269. Corporate insiders own 1.40% of the company’s stock.

Institutional Trading of SiTime

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Emerald Mutual Fund Advisers Trust grew its stake in shares of SiTime by 10.6% in the third quarter. Emerald Mutual Fund Advisers Trust now owns 98,689 shares of the company’s stock worth $29,736,000 after purchasing an additional 9,492 shares during the last quarter. Federated Hermes Inc. grew its stake in shares of SiTime by 25.0% in the third quarter. Federated Hermes Inc. now owns 125,000 shares of the company’s stock worth $37,664,000 after purchasing an additional 25,000 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH grew its stake in shares of SiTime by 21.2% in the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 44,363 shares of the company’s stock worth $13,367,000 after purchasing an additional 7,772 shares during the last quarter. Teachers Retirement System of The State of Kentucky grew its stake in shares of SiTime by 145.9% in the third quarter. Teachers Retirement System of The State of Kentucky now owns 12,215 shares of the company’s stock worth $3,681,000 after purchasing an additional 7,247 shares during the last quarter. Finally, Cibc World Market Inc. bought a new stake in shares of SiTime in the third quarter worth $2,259,000. Institutional investors own 84.31% of the company’s stock.

SiTime News Roundup

Here are the key news stories impacting SiTime this week:

• Positive Sentiment: SiTime posted strong Q1 2026 results, with EPS of $1.44 beating consensus of $1.14 and revenue of $113.6 million topping estimates, while revenue jumped 88.3% year over year. SiTime Earnings Report
• Positive Sentiment: The company raised second-quarter 2026 guidance well above Wall Street expectations, calling for EPS of $1.85 to $2.00 and revenue of $140 million to $150 million versus much lower consensus forecasts. SiTime Q1 2026 Financial Results
• Positive Sentiment: UBS Group raised its price target on SiTime to $775 and kept a buy rating, while Needham lifted its target to $850, signaling continued analyst confidence after the earnings beat. UBS Price Target Raise
• Neutral Sentiment: Investors are also digesting the Q1 earnings call transcript and commentary around growth opportunities in AI data centers and LEO satellites, which may support the long-term story but is less immediate than the earnings/guidance update. SiTime Q1 2026 Earnings Call Transcript
• Negative Sentiment: Despite the strong report, some coverage noted the stock initially fell after the release, likely reflecting lingering concerns about profitability since SiTime remains in a net loss position. SiTime Stock Falls on Q1 2026 Earnings

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.