SiTime Corporation (SITM) AI Stock Analysis

• Market Cap: $5.08B
• Dividend Yield: N/A
• Average Volume (3M): 258.38K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.79
• Revenue Growth: 65.85%
• EPS Growth: 7.92%
• Country: US
• Employees: 395
• Sector: Technology
• Sector Strength: 78
• Industry: Semiconductors
• EPS (TTM): 0.26
• Shares Outstanding: 23,721,598
• 10 Day Avg. Volume: 237,255
• 30 Day Avg. Volume: 258,378
• PEG Ratio: -2.59
• Price to Book (P/B): 3.05
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 526.18
• Enterprise Value/Market Cap: 0.42
• Enterprise Value/Revenue: 2.79
• Enterprise Value/Gross Profit: 18.22
• Enterprise Value/Ebitda: -7.46
• 1Y Price Target: $217.50
• Price Target Upside: 3.44% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 4

• Rating: 60 Neutral
• Price Target: $224.00 ▲(6.53%Upside)

SiTime's strong earnings growth and technical momentum are offset by ongoing financial losses and valuation concerns. The company's robust earnings call guidance provides confidence in future performance, but operational inefficiencies and cash flow challenges must be addressed for long-term sustainability. The stock's technical indicators suggest potential in the short term, but valuation issues temper the overall outlook.

Positive Factors

Earnings

SiTime posted another beat and raise, led by CED and initial shipments into the iPhone 16e.

Product Integration

Teardowns showed two timing chips from SITM in the iPhone 16e, which supports the belief that SITM has content alongside the internal AAPL modem.

Negative Factors

Gross Margin

While gross profit dollars increase, increased consumer mix will weigh on the long term GM ramp.

Guidance

1Q25 GM was guided to decline 180bps to 57% due to lower revenue absorption, increased depreciation from higher CapEx spend, and lower yields on new product ramps.

SiTime Corporation Business Overview & Revenue Model

Company Description

SiTime Corporation (SITM) is a leading provider of silicon timing systems solutions that enable the production of electronic devices with improved performance, stability, and reliability. The company operates in the semiconductor industry, focusing on developing micro-electromechanical systems (MEMS) timing devices, including oscillators, resonators, and clock generators. SiTime's innovative products cater to a wide range of sectors, including automotive, consumer electronics, industrial, and communications, by replacing traditional quartz-based timing components with advanced silicon-based solutions.

How the Company Makes Money

SiTime Corporation generates revenue primarily through the sale of its MEMS-based timing devices. These products are sold to a diverse customer base across various industries, providing essential components for devices that require precise timing and synchronization. The company's revenue model is centered on the direct sales of its silicon timing solutions to original equipment manufacturers (OEMs) and other businesses in electronics and technology sectors. Significant factors contributing to SiTime's earnings include its ability to offer differentiated products with superior performance characteristics compared to traditional quartz-based solutions, as well as strategic partnerships and collaborations that enhance market reach and product development. Additionally, SiTime's focus on innovation and continuous improvement of its MEMS technology helps maintain its competitive edge and drive sustained revenue growth.

SiTime Corporation Financial Statement Overview

Summary

SiTime Corporation shows strong equity and revenue growth potential, but persistent operational losses and negative net income pose substantial risks. The lack of debt minimizes financial risk, yet cash flow challenges and operational inefficiencies remain critical issues.

Income Statement

SiTime Corporation has experienced volatile revenue growth, with significant fluctuations in Total Revenue over the years. The Gross Profit Margin for 2024 stood at around 51.55%, indicating some efficiency in production. However, the Net Profit Margin is negative due to substantial losses, primarily driven by elevated EBIT and EBITDA losses, reflecting operational inefficiencies and high operating expenses. Recent revenue growth is positive, but the consistent net losses are a critical concern.

Balance Sheet

The company's balance sheet shows a strong Equity Ratio of approximately 79%, highlighting a solid capital base primarily funded by equity. SiTime Corporation has a Debt-to-Equity Ratio of 0, indicating no reliance on debt for funding, which minimizes financial risk. However, the Return on Equity is negative due to the net losses, and there's a notable reduction in cash and short-term investments, which could impact liquidity.

Cash Flow

Free Cash Flow fluctuated significantly, with 2024 seeing negative Free Cash Flow due to high capital expenditures relative to operating cash flow. The Operating Cash Flow to Net Income Ratio is positive, suggesting some ability to generate cash from operations despite net losses. However, the negative Free Cash Flow to Net Income Ratio underscores challenges in converting earnings into positive cash flows.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
229.99M	202.70M	143.99M	283.61M	218.81M	116.16M
	Gross Profit
117.17M	104.49M	82.09M	182.96M	139.46M	57.93M
	EBIT
-105.15M	-115.24M	-107.20M	4.30M	24.92M	-8.61M
	EBITDA
-60.65M	-63.04M	-83.34M	27.98M	40.77M	-2.24M
	Net Income Common Stockholders
-88.77M	-93.60M	-80.53M	23.25M	32.28M	-9.37M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
398.92M	418.83M	528.20M	564.10M	559.46M	73.53M
	Total Assets
872.11M	884.96M	951.68M	750.62M	678.21M	136.01M
	Total Debt
5.93M	6.23M	8.02M	10.63M	6.40M	6.99M
	Net Debt
-32.91M	126.00K	-1.44M	-23.97M	-553.06M	-66.54M
	Total Liabilities
179.59M	185.24M	243.63M	42.14M	45.71M	26.13M
	Stockholders Equity
692.51M	699.72M	708.05M	708.48M	632.50M	109.88M
Cash Flow		Free Cash Flow
-13.24M	-13.03M	-4.19M	4.10M	25.29M	8.81M
	Operating Cash Flow
36.49M	23.19M	8.06M	39.75M	59.08M	16.60M
	Investing Cash Flow
9.84M	64.76M	-36.66M	-560.09M	-33.79M	-7.79M
	Financing Cash Flow
-103.77M	-91.31M	3.47M	-4.52M	460.65M	1.30M

SiTime Corporation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 210.27
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: 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 210.27 is above the 20-day moving average (MA) of 204.99, above the 50-day MA of 173.67, and above the 200-day MA of 185.77, indicating a bullish trend. The MACD of 9.13 indicates Positive momentum. The RSI at 62.38 is Neutral, neither overbought nor oversold. The STOCH value of 56.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SITM.

SiTime Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CAMT	79 Outperform	$3.35B	26.60	24.82%	1.89%	32.63%	46.16%
SLAB	66 Neutral	$4.60B	―	-14.77%	―	2.16%	-55.38%
IPGP	62 Neutral	$2.90B	―	-9.17%	―	-20.08%	-218.29%
Sector *	62 Neutral	$11.80B	10.08	-7.46%	2.99%	7.37%	-8.21%
SITM	60 Neutral	$5.08B	―	-12.78%	―	65.85%	7.92%
SMTC	58 Neutral	$3.39B	―	-93.41%	―	13.83%	88.14%
POWI	55 Neutral	$3.10B	84.85	5.03%	1.52%	-5.75%	-41.75%

SiTime Corporation Corporate Events

SiTime Corporation Approves Key Proposals at Annual Meeting

On May 30, 2025, SiTime Corporation held its Annual Meeting of Stockholders, where three key proposals were approved. Stockholders elected three Class II directors to serve until 2028, approved executive compensation, and ratified Deloitte & Touche LLP as the independent accounting firm for the fiscal year ending December 31, 2025.

The most recent analyst rating on (SITM) stock is a Buy with a $130.00 price target. To see the full list of analyst forecasts on SiTime Corporation stock, see the SITM Stock Forecast page.