SiTime (SITM) Stock Price, News & Analysis

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SiTime in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SITM shares.
View SITM analyst ratings or view top-rated stocks.

6 equities research analysts have issued 1-year price objectives for SiTime's stock. Their SITM share price targets range from $125.00 to $160.00. On average, they predict the company's stock price to reach $140.00 in the next year. This suggests a possible upside of 14.9% from the stock's current price.
View analysts price targets for SITM or view top-rated stocks among Wall Street analysts.

SiTime's stock was trading at $122.08 at the start of the year. Since then, SITM stock has decreased by 0.2% and is now trading at $121.82.
View the best growth stocks for 2024 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our SITM earnings forecast.

SiTime Co. (NASDAQ:SITM) released its quarterly earnings results on Wednesday, May, 8th. The company reported ($1.04) EPS for the quarter, missing the consensus estimate of ($0.87) by $0.17. The firm earned $33.02 million during the quarter, compared to analysts' expectations of $32.02 million. SiTime had a negative trailing twelve-month return on equity of 11.29% and a negative net margin of 66.88%.

ETFs with the largest weight of SiTime (NASDAQ:SITM) stock in their portfolio include SPDR S&P Semiconductor ETF (XSD), MFAM Small-Cap Growth ETF (MFMS), Motley Fool Small-Cap Growth ETF (TMFS), Fidelity Electric Vehicles and Future Transportation ETF (FDRV), Invesco S&P SmallCap Information Technology ETF (PSCT), SPDR FactSet Innovative Technology ETF (XITK), Global X Autonomous & Electric Vehicles ETF (DRIV) and iShares Future Cloud 5G and Tech ETF (IDAT).

5 employees have rated SiTime Chief Executive Officer Rajesh Vashist on Glassdoor.com. Rajesh Vashist has an approval rating of 100% among the company's employees. This puts Rajesh Vashist in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other SiTime investors own include NVIDIA (NVDA), Block (SQ), Micron Technology (MU), Advanced Micro Devices (AMD), Walt Disney (DIS), Alibaba Group (BABA), DocuSign (DOCU), Tesla (TSLA), Applied Materials (AMAT) and Salesforce (CRM).

SiTime (SITM) raised $60 million in an IPO on Thursday, November 21st 2019. The company issued 4,300,000 shares at a price of $13.00-$15.00 per share. Barclays and Stifel acted as the underwriters for the IPO and Needham & Company, Raymond James and Roth Capital Partners were co-managers.

SiTime's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.63%), Wasatch Advisors LP (3.93%), Hood River Capital Management LLC (1.65%), Principal Financial Group Inc. (1.48%), Capital World Investors (0.89%) and Jennison Associates LLC (0.77%). Insiders that own company stock include Akira Takata, Arthur D Chadwick, Christine Heckart, Corp /Fi Megachips, Edward H Frank, Fariborz Assaderaghi, Katherine Schuelke, Lionel Bonnot, Piyush B Sevalia, Piyush B Sevalia, Rajesh Vashist, Raman Chitkara, Tom Dang-Hsing Yiu, Torsten Kreindl, Vincent P Pangrazio and Vincent P Pangrazio.
View institutional ownership trends.

Shares of SITM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.