Sitime Corporation (SITM)
NASDAQ:SITM
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SiTime Corporation
(NASDAQ:SITM)
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Rating:79Outperform
Price Target:
$815.00
▲(61.83% Upside)
Action:Reiterated
Date:05/23/26
The score is driven primarily by strong financial resilience (minimal leverage and improved cash flow) and a very positive earnings outlook with sharply higher growth and margin guidance. Technicals also support the rating with a clear uptrend. Valuation remains the main offset due to loss-based negative P/E and no dividend support.
Positive Factors
Balance sheet & liquidity
SiTime’s very strong liquidity and near-zero leverage provide durable financial flexibility. With ~$789M cash and minimal debt the company can fund R&D, absorb demand volatility, pursue strategic M&A, and support ramp cycles without urgent refinancing risk, materially lowering solvency risk over the next 2–6 months.
Negative Factors
Profitability still negative
Although profitability has improved, SiTime remains loss-making on a trailing basis and historical profit volatility persists. Negative ROE and prior swings from profit to large losses mean earnings durability is unproven; sustained margin and net income recovery depend on preserving favorable mix and execution through growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet & liquidity
SiTime’s very strong liquidity and near-zero leverage provide durable financial flexibility. With ~$789M cash and minimal debt the company can fund R&D, absorb demand volatility, pursue strategic M&A, and support ramp cycles without urgent refinancing risk, materially lowering solvency risk over the next 2–6 months.
Read all positive factors
SiTime Corporation (SITM) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$19.23B
Dividend YieldN/A
Average Volume (3M)520.27K
Price to Earnings (P/E)―
Beta (1Y)2.70
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. Volume705,505
30 Day Avg. Volume520,269
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 Cap0.97
Enterprise Value/Revenue49.32
Enterprise Value/Gross Profit88.54
Enterprise Value/Ebitda2.97K
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 designs, develops, and sells silicon timing systems solutions in Taiwan, Hong Kong, the United States, and internationally. The company provides resonators and clock integrated circuits, and various types of oscillators. Its sol...
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 | 6.30M | -42.30M | -74.45M | -83.34M | 27.98M | 40.77M |
| 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 | 54.14M | 35.13M | -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
519.14
Positive
447.05
Positive
367.83
Positive
Market Momentum
63.63
Positive
59.59
Neutral
23.43
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 693.08, below the 50-day MA of 519.14, and above the 200-day MA of 367.83, indicating a bullish trend. The MACD of 63.63 indicates Positive momentum. The RSI at 59.59 is Neutral, neither overbought nor oversold. The STOCH value of 23.43 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 |
|---|---|---|---|---|---|---|---|
79 Outperform | $19.23B | -435.96 | -2.15% | ― | 65.19% | 73.74% | |
74 Outperform | $4.41B | 30.05 | 12.33% | 1.52% | -3.42% | -6.78% | |
74 Outperform | $8.56B | -374.67 | -1.57% | ― | 22.77% | 79.17% | |
69 Neutral | $7.67B | 55.51 | 7.68% | ― | 10.70% | -62.92% | |
67 Neutral | $7.17B | -108.41 | -4.66% | ― | 25.14% | 70.00% | |
64 Neutral | $14.60B | -63.06 | -7.22% | ― | 15.48% | 82.89% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
* Technology Sector Average
SITM
SiTime Corporation
728.56
528.35
263.90%
CAMT
Camtek
167.37
102.38
157.53%
SMTC
Semtech
156.78
119.50
320.55%
SLAB
Silicon Laboratories
217.50
96.07
79.12%
OLED
Universal Display
94.31
-46.52
-33.03%
ALGM
Allegro MicroSystems
45.95
19.83
75.92%
SiTime Corporation Corporate Events
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.