Sitime Corporation (SITM)
NASDAQ:SITM
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SiTime Corporation
(NASDAQ:SITM)
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Rating:77Outperform
Price Target:
$710.00
▲(40.98% Upside)
Action:Reiterated
Date:05/30/26
The score is driven primarily by strong financial resilience (minimal leverage and improving cash generation) and a highly constructive earnings outlook with sharply raised growth and margin guidance. Technicals also support the view with a clear uptrend. Offsetting factors are limited valuation support from a negative P/E/no dividend and added complexity from acquisition-related financing and integration risk.
Positive Factors
Balance-sheet strength
Extremely low leverage and a very large equity base give SiTime durable financial flexibility to fund product ramps, inventory and strategic M&A without reliance on stressed credit markets. This reduces solvency risk across semiconductor cycles and supports multi-quarter investment capacity.
Negative Factors
Acquisition & integration risk
The Renesas timing purchase materially alters scale and product mix but requires complex operational integration of products, engineers and customers. Execution, cross-selling and cultural integration risks can persist for many quarters and may absorb engineering and commercial resources.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance-sheet strength
Extremely low leverage and a very large equity base give SiTime durable financial flexibility to fund product ramps, inventory and strategic M&A without reliance on stressed credit markets. This reduces solvency risk across semiconductor cycles and supports multi-quarter investment capacity.
Read all positive factors
SiTime Corporation (SITM) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$19.27B
Dividend YieldN/A
Average Volume (3M)590.83K
Price to Earnings (P/E)―
Beta (1Y)2.74
Revenue Growth65.19%
EPS Growth73.74%
CountryUS
Employees395
SectorTechnology
Sector Strength88
IndustrySemiconductors
Share Statistics
EPS (TTM)-1.00
Shares Outstanding26,396,828
10 Day Avg. Volume516,869
30 Day Avg. Volume590,829
Financial Highlights & Ratios
PEG Ratio3.57
Price to Book (P/B)7.63
Price to Sales (P/S)26.99
P/FCF Ratio251.04
Enterprise Value/Market Cap0.95
Enterprise Value/Revenue48.04
Enterprise Value/Gross Profit86.25
Enterprise Value/Ebitda3.14K
Forecast
1Y Price Target
$828.57Price Target Upside64.52% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
EPS Forecast (FY)5.16
Revenue Forecast (FY)$485.74M
SiTime Corporation Business Overview & Revenue Model
Company Description
SiTime Corporation is a company that focuses on the development, manufacturing, and worldwide distribution of advanced silicon-based timing solutions. Their operations span key regions such as Taiwan, Hong Kong, and the United States, in addition ...
How the Company Makes Money
SiTime makes money primarily by selling timing devices (silicon MEMS-based oscillators, resonators, and clocking products) to electronics manufacturers and their supply chains. Revenue is generally recognized as product sales when devices are ship...
SiTime Corporation Earnings Call Summary
Earnings Call Date:May 06, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:Aug 05, 2026
Earnings Call Sentiment Positive
The call conveyed a strongly positive operational and financial inflection driven by AI/data-center (CED) demand, with substantial revenue and margin expansion, upgraded forward guidance, robust cash and a healthy product funnel. Remaining risks include modest consumer softness, increased inventory and receivable days, backend execution sensitivities, and integration/investment needs for the Renesas acquisition. Overall, the positives (rapid growth, material margin expansion, strong guidance and liquidity) materially outweigh the manageable lowlights.Positive Updates
Revenue Growth
Reported revenue of $113.6M in Q1 2026, up 88% year-over-year and essentially flat sequentially vs Q4 (better than expected).
Negative Updates
Consumer / Mobile Slight Weakness
Mobile, IoT & consumer revenue was $16.7M (14.7% of total), down 1% YoY; largest consumer customer contributed $10.2M. Management expects consumer mix to grow in H2 which could modestly modulate gross margins.
Read all updates
Q1-2026 Updates
Positive
Negative
Revenue Growth
Reported revenue of $113.6M in Q1 2026, up 88% year-over-year and essentially flat sequentially vs Q4 (better than expected).
Read all positive updates
Company Guidance
SiTime guided 2026 revenue growth of at least 80% (well above its prior long‑term 25–30% target) and Q2 revenue of $140–$150M (up >100% YoY), with Q2 gross margin ~65% ±1 point, operating expenses of $46–$47M, interest income of ~$5M, a share count of ~27.5M and Q2 non‑GAAP EPS of $1.85–$2.00; management said it expects to achieve ~65% gross margin and ~30% operating margin in Q2 and to keep gross margins above 60% for the year. Guidance excludes any benefit from the pending Renesas timing acquisition and was presented against Q1 results of $113.6M revenue (+88% YoY), 64.5% gross margin, 28% operating margin, $41.5M OpEx, $31.2M operating cash flow, $789M cash & short‑term investments, $55M AR (DSO 44 days) and $91.1M inventory.SiTime Corporation Financial Statement Overview
Summary
Income Statement
56
Neutral
Balance Sheet
88
Very Positive
Cash Flow
74
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 379.91M | 326.66M | 202.70M | 143.99M | 283.61M | 218.81M |
| Gross Profit | 211.60M | 174.99M | 104.49M | 82.09M | 182.96M | 139.46M |
| EBITDA | 5.82M | -42.30M | -74.45M | -83.34M | 35.18M | 40.28M |
| Net Income | -24.24M | -42.90M | -93.60M | -80.53M | 23.25M | 32.28M |
Balance Sheet | ||||||
| Total Assets | 1.29B | 1.29B | 884.96M | 951.68M | 750.62M | 678.21M |
| Cash, Cash Equivalents and Short-Term Investments | 788.66M | 808.41M | 418.83M | 528.20M | 564.10M | 559.46M |
| Total Debt | 2.96M | 4.74M | 6.23M | 8.02M | 10.63M | 7.73M |
| Total Liabilities | 133.88M | 138.52M | 185.24M | 243.63M | 42.14M | 45.71M |
| Stockholders Equity | 1.16B | 1.16B | 699.72M | 708.05M | 708.48M | 632.50M |
Cash Flow | ||||||
| Free Cash Flow | 53.93M | 34.70M | -13.03M | -4.19M | 4.10M | 25.29M |
| Operating Cash Flow | 103.31M | 87.15M | 23.19M | 8.06M | 39.75M | 59.08M |
| Investing Cash Flow | 19.62M | -427.87M | 64.76M | -36.66M | -560.09M | -33.79M |
| Financing Cash Flow | 336.71M | 351.37M | -91.31M | 3.47M | -4.52M | 460.65M |
SiTime Corporation Technical Analysis
Positive
503.63
Price Trends
618.99
Positive
495.50
Positive
401.19
Positive
Market Momentum
13.56
Positive
57.05
Neutral
77.59
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SITM, the sentiment is Positive. The current price of 503.63 is below the 20-day moving average (MA) of 704.52, below the 50-day MA of 618.99, and above the 200-day MA of 401.19, indicating a bullish trend. The MACD of 13.56 indicates Positive momentum. The RSI at 57.05 is Neutral, neither overbought nor oversold. The STOCH value of 77.59 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SITM.
SiTime Corporation Risk Analysis
SiTime Corporation disclosed 58 risk factors in its most recent earnings report. SiTime Corporation reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
SiTime Corporation Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | $19.27B | -793.08 | -2.15% | ― | 65.19% | 73.74% | |
74 Outperform | $4.28B | 20.17 | 12.33% | 1.52% | -3.42% | -6.78% | |
74 Outperform | $9.39B | -627.01 | -1.57% | ― | 22.77% | 79.17% | |
69 Neutral | $15.53B | -466.12 | -5.68% | ― | 14.22% | 81.01% | |
65 Neutral | $8.86B | 186.40 | 7.68% | ― | 10.70% | -62.92% | |
65 Neutral | $7.24B | -143.75 | -4.66% | ― | 25.14% | 70.00% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
* Technology Sector Average
SITM
SiTime Corporation
729.89
511.41
234.08%
CAMT
Camtek
193.27
117.90
156.43%
SMTC
Semtech
166.71
125.84
307.90%
SLAB
Silicon Laboratories
219.51
76.28
53.26%
OLED
Universal Display
91.46
-62.49
-40.59%
ALGM
Allegro MicroSystems
50.41
19.22
61.61%
SiTime Corporation Corporate Events
Executive/Board ChangesShareholder Meetings
SiTime Stockholders Approve Directors, Pay, and Auditor
Positive
May 29, 2026
At its annual meeting of stockholders held on May 29, 2026, SiTime Corporation’s investors elected three Class I directors, Torsten G. Kreindl, Ganesh Moorthy, and Akira Takata, to serve on the board until the 2029 annual meeting or until th...
Business Operations and StrategyM&A TransactionsPrivate Placements and Financing
SiTime Issues Convertible Notes to Fund Strategic Acquisition
Positive
May 22, 2026
On May 19, 2026, SiTime entered into an underwriting agreement to sell $1.2 billion in aggregate principal amount of convertible senior notes due 2031, with underwriters fully exercising a $150 million over-allotment option on May 20, 2026. The no...
Business Operations and StrategyM&A TransactionsPrivate Placements and FinancingRegulatory Filings and Compliance
SiTime Advances Renesas Timing Business Acquisition Financing Process
Positive
May 11, 2026
On February 4, 2026, SiTime Corporation agreed to acquire certain assets related to the timing business of Renesas Electronics Corporation for approximately $1.5 billion in cash and 4,130,644 shares of SiTime common stock. The transaction is inten...
Business Operations and Strategy
SiTime Signs Long-Term Lease For New Santa Clara Headquarters
Positive
Mar 24, 2026
On March 23, 2026, SiTime Corporation signed a lease for about 149,300 square feet across two adjacent buildings at 3250 and 3260 Jay Street in Santa Clara, California, which will become its new corporate headquarters starting around April 1, 2027...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.