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SiTime Corporation
(NASDAQ:SITM)
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Rating:62Neutral
Price Target:
$649.00
▲(9.24% Upside)
Action:Downgraded
Date:08/06/26
SITM scores as moderately attractive, driven primarily by very strong earnings-call momentum and upbeat forward guidance (step-change in revenue run-rate with high gross margins). Offsetting this are elevated financial risk from the materially higher leverage and still-mixed underlying operating profitability in the financial statements, plus a mixed technical setup and limited valuation support given the negative P/E and no stated dividend yield.
Positive Factors
Broad-based revenue growth
The sharp, broad-based revenue expansion indicates strengthening demand across SiTime’s end markets rather than reliance on one isolated product. Continued growth in communications, data center, automotive, industrial, mobile, and consumer applications can support greater scale and a more diversified revenue base.
Negative Factors
Higher leverage reduces financial flexibility
The substantial increase in debt raises financial and capital-structure risk while the business is still proving consistent operating profitability. Higher leverage can constrain future capital allocation, increase sensitivity to execution setbacks, and reduce flexibility if acquisition benefits or demand growth take longer to materialize.
Read all positive and negative factors
Positive Factors
Negative Factors
Broad-based revenue growth
The sharp, broad-based revenue expansion indicates strengthening demand across SiTime’s end markets rather than reliance on one isolated product. Continued growth in communications, data center, automotive, industrial, mobile, and consumer applications can support greater scale and a more diversified revenue base.
Read all positive factors
SiTime Corporation (SITM) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$18.41B
Dividend YieldN/A
Average Volume (3M)415.61K
Price to Earnings (P/E)1155.4
Beta (1Y)2.80
Revenue Growth83.03%
EPS GrowthN/A
CountryUS
Employees441
SectorTechnology
Sector Strength88
IndustrySemiconductors
Share Statistics
EPS (TTM)0.53
Shares Outstanding30,071,035
10 Day Avg. Volume364,646
30 Day Avg. Volume415,608
Financial Highlights & Ratios
PEG Ratio3.57
Price to Book (P/B)7.63
Price to Sales (P/S)26.99
P/FCF Ratio254.14
Enterprise Value/Market Cap1.08
Enterprise Value/Revenue42.54
Enterprise Value/Gross Profit72.45
Enterprise Value/Ebitda384.66
Forecast
1Y Price Target
$846.25Price Target Upside42.44% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
EPS Forecast (FY)11.25
Revenue Forecast (FY)$874.81M
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 semiconductor products—most notably MEMS-based oscillators, clock generators, and related timing devices—to electronics manufacturers and system designers. Revenue is generated on a per-unit basis whe...
SiTime Corporation Earnings Call Summary
Earnings Call Date:Aug 05, 2026
(Q2-2026)
| % Change Since: |
Next Earnings Date:Nov 04, 2026
Earnings Call Sentiment Positive
The call conveyed very strong operational and financial momentum—exceptional top-line growth (Q2 revenue +127% YoY), materially expanded margins and profitability, robust cash generation, and an accretive strategic acquisition (Renesas TPD) that meaningfully accelerates the company’s path to $1B+ revenue. Management provided bullish combined Q3 guidance with sustained high gross margins and a step-change in run rate. Near-term execution risks center on the TPD carve-out and supply chain transitions, a temporary interest income tailwind that will not repeat, higher working capital and elevated OpEx to support scaling. Overall the positives (revenue/margin expansion, CED strength, acquisition upside, strong guidance) materially outweigh these manageable integration and working-capital headwinds.Positive Updates
Revenue Surge
Q2 revenue of $157.0M, up 127% year-over-year and 39% sequentially, reflecting broad-based demand across businesses and regions.
Negative Updates
Integration and Carve-Out Complexity for TPD
TPD integration is in early stages; management expects carve-out complexity with transition services agreements (TSAs) and reliance on Renesas for manufacturing and test during the TSA period, creating near-term execution and operational risk.
Read all updates
Q2-2026 Updates
Positive
Negative
Revenue Surge
Q2 revenue of $157.0M, up 127% year-over-year and 39% sequentially, reflecting broad-based demand across businesses and regions.
Read all positive updates
Company Guidance
SiTime guided third‑quarter combined revenue of $285–295 million, split into SiTime excluding the Renesas Timing business (TPD) of $200–210 million — a ~30% sequential increase at the midpoint — and approximately $85 million from TPD (which closed July 1); they expect gross margin of about 68% ±1 point, operating expenses of $80–85 million, interest income of roughly $4 million, a share count of ~32.8 million shares (including ~3.6 million issued with the TPD deal), and non‑GAAP EPS of $3.50–$3.65, with the outlook driven by manufacturing absorption and favorable product mix.SiTime Corporation Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
40
Negative
Cash Flow
68
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 467.85M | 326.66M | 202.70M | 143.99M | 283.61M | 218.81M |
| Gross Profit | 274.69M | 174.99M | 104.49M | 82.09M | 182.96M | 139.46M |
| EBITDA | 51.74M | -2.12M | -74.45M | -83.34M | 35.18M | 40.28M |
| Net Income | 14.09M | -42.90M | -93.60M | -80.53M | 23.25M | 32.28M |
Balance Sheet | ||||||
| Total Assets | 2.51B | 1.29B | 884.96M | 951.68M | 750.62M | 678.21M |
| Cash, Cash Equivalents and Short-Term Investments | 1.92B | 808.41M | 418.83M | 528.20M | 564.10M | 559.46M |
| Total Debt | 1.32B | 4.74M | 6.23M | 8.02M | 10.63M | 7.73M |
| Total Liabilities | 1.48B | 138.52M | 185.24M | 243.63M | 42.14M | 45.71M |
| Stockholders Equity | 1.03B | 1.16B | 699.72M | 708.05M | 708.48M | 632.50M |
Cash Flow | ||||||
| Free Cash Flow | 83.57M | 34.70M | -13.03M | -4.19M | 4.10M | 25.29M |
| Operating Cash Flow | 127.74M | 87.15M | 23.19M | 8.06M | 39.75M | 59.08M |
| Investing Cash Flow | 556.91M | -427.87M | 64.76M | -36.66M | -560.09M | -33.79M |
| Financing Cash Flow | 1.06B | 351.37M | -91.31M | 3.47M | -4.52M | 460.65M |
SiTime Corporation Technical Analysis
Negative
594.10
Price Trends
626.06
Negative
639.15
Negative
536.48
Positive
Market Momentum
14.76
Positive
45.00
Neutral
18.66
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SITM, the sentiment is Negative. The current price of 594.1 is below the 20-day moving average (MA) of 637.45, below the 50-day MA of 626.06, and above the 200-day MA of 536.48, indicating a neutral trend. The MACD of 14.76 indicates Positive momentum. The RSI at 45.00 is Neutral, neither overbought nor oversold. The STOCH value of 18.66 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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 |
|---|---|---|---|---|---|---|---|
73 Outperform | $196.83B | 47.96 | 12.26% | 1.06% | 33.65% | 114.59% | |
72 Outperform | $17.48B | 113.01 | 25.26% | ― | 17.84% | 464.80% | |
71 Outperform | $259.12B | 42.93 | 35.77% | 2.06% | 16.66% | 20.14% | |
65 Neutral | $7.41B | -187.93 | -3.59% | ― | 21.71% | 63.22% | |
63 Neutral | $41.02B | 104.68 | 6.90% | 2.41% | 20.93% | ― | |
62 Neutral | $18.41B | 1,155.42 | 1.27% | ― | 83.03% | ― | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
* Technology Sector Average
SITM
SiTime Corporation
612.37
317.93
107.98%
ADI
Analog Devices
406.19
174.42
75.25%
MCHP
Microchip
75.55
12.80
20.41%
SMTC
Semtech
187.30
119.03
174.35%
SLAB
Silicon Laboratories
222.04
92.99
72.06%
TXN
Texas Instruments
283.74
113.05
66.23%
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.