Upside case
Bull case
—
The bull case requires both strong earnings delivery and the market pricing SITM more generously than it does today.
Analysis OverviewBuyUpdated May 1, 2026
SiTime Corporation (SITM) Stock Analysis
Wall Street verdict, consensus price target, and analyst rating breakdown — everything needed to frame the risk/reward at today's price.
Analyst consensus
Buy
Covering
9
analysts
8 bullish · 0 bearish · 9 covering SITM
Strong Buy
0
Buy
8
Hold
1
Sell
0
Strong Sell
0
Consensus Target
$436
-30.0% vs today
Scenario Range
— – —
Model bear to bull value window
Coverage
9
Published analyst ratings
Valuation Context
121.2x
Forward P/E · Market cap $16.5B
SITM price targets
Three scenarios for where SITM stock could go
Current
~$623
Confidence
42 / 100
Updated
May 1, 2026
Market caseClosest to today
Base case
—
The base case reflects analyst consensus expectations — steady delivery without requiring a major catalyst or re-rating.
Stress case
Bear case
—
The bear case reflects a scenario where earnings shortfalls or multiple compression combine to materially reduce the stock from its current level.
Not financial advice. Model confidence reflects internal scenario assumptions, not a guarantee of returns. Past performance does not predict future results.
SiTime Corporation
SITM · NASDAQTechnologySemiconductorsDecember year-end
SiTime Corporation is a semiconductor company that designs and sells precision silicon timing systems — including oscillators and clock chips — for applications ranging from communications to automotive electronics. It generates revenue primarily through sales of its timing products (resonators, oscillators, and clock ICs) via a global distributor and reseller network. The company's key advantage lies in its MEMS-based timing technology, which offers superior performance, reliability, and miniaturization compared to traditional quartz-based solutions.
Market Cap
$16.5B
Revenue TTM
$327M
Net Income TTM
-$43M
Net Margin
-13.1%
SITM Revenue and Earnings Performance
Quarterly beat-or-miss track record against analyst estimates, plus forward revenue and EPS outlook for the next two fiscal years.
EPS Beat Rate
100%Exceptional
12 quarters tracked
Revenue Beat Rate
100%Exceptional
vs consensus estimates
Avg EPS Surprise
+69.5%
above Street consensus
Beat / Miss Record
BeatMissLeft = EPS · Right = Revenue
Q2 2025
Q3 2025
Q4 2025
Q1 2026
Last 4 Quarters
EPS beats: 4 of 4Q2 2025
EPS
$0.26/$0.11
Revenue
$60M/$54M
Q3 2025
EPS
$0.47/$0.29
Revenue
$69M/$65M
Q4 2025
EPS
$0.87/$0.71
Revenue
$84M/$78M
Q1 2026
EPS
$1.53/$1.20
Revenue
$113M/$102M
| Quarter | EPS (Actual / Est) | EPS Surprise | Revenue (Actual / Est) | Rev Surprise |
|---|---|---|---|---|
| Q2 2025 | $0.26/$0.11 | +136.4% | $60M/$54M | +11.7% |
| Q3 2025 | $0.47/$0.29 | +62.1% | $69M/$65M | +7.5% |
| Q4 2025 | $0.87/$0.71 | +22.5% | $84M/$78M | +7.0% |
| Q1 2026 | $1.53/$1.20 | +27.5% | $113M/$102M | +11.2% |
FY1–FY2 Estimates
Revenue Outlook
FY1
$375M
+33.2% YoY
FY2
$459M
+22.5% YoY
EPS Outlook
FY1
$-2.26
+17.7% YoY
FY2
$-3.39
-50.2% YoY
Trailing FCF (TTM)$35M
FCF Margin: 10.7%
Next Earnings
May 6, 2026
Expected EPS
$1.14
Expected Revenue
$104M
SITM beat EPS estimates in 4 of 4 tracked quarters. A perfect track record raises the bar for the upcoming report.
SITM Revenue Breakdown by Segment
Product and geographic revenue mix from the latest annual disclosure, with year-over-year growth by segment.
Latest disclosure
FY 2025
Total disclosed revenue $327M
Product Mix
Latest annual revenue by segment or product family
Reportable Segment
100.0%
+61.2% YoY
Tap, hover, or focus a slice to inspect segment detail.
Geographic Mix
Latest annual revenue by reported region
Segment breakdown not available for this company.
Reportable Segment is the largest disclosed segment at 100.0% of FY 2025 revenue, up 61.2% YoY.
SITM Valuation Snapshot
Current multiples compared to the S&P 500, the company's sector, and its own five-year average.
Relative Value Signal
Significantly Overvalued
Fair value est. $246 — implies -56.0% from today's price.
Premium to Fair Value
56.0%
above fair value
Deep DiscountFair ValueVery Expensive
vs S&P 500 Trailing P/E
SITM
-362.4x
vs
S&P 500
25.2x
1536% discount
vs Technology Trailing P/E
SITM
-362.4x
vs
Technology
27.5x
1419% discount
vs SITM 5Y Avg P/E
Today
-362.4x
vs
5Y Average
144.9x
350% discount
Forward PE
121.2x
S&P 500
19.1x
+536%
Technology
21.7x
+459%
5Y Avg
—
—
Trailing PE
-362.4x
S&P 500
25.2x
-1536%
Technology
27.5x
-1419%
5Y Avg
144.9x
-350%
PEG Ratio
—
S&P 500
1.75x
—
Technology
1.47x
—
5Y Avg
—
—
EV/EBITDA
—
S&P 500
15.3x
—
Technology
17.4x
—
5Y Avg
81.4x
—
Price/FCF
468.4x
S&P 500
21.3x
+2096%
Technology
19.8x
+2266%
5Y Avg
—
—
Price/Sales
50.4x
S&P 500
3.1x
+1508%
Technology
2.4x
+1987%
5Y Avg
21.3x
+136%
Dividend Yield
—
S&P 500
1.88%
—
Technology
1.18%
—
5Y Avg
—
—
| Metric | SITM | S&P 500 | Technology | 5Y Avg SITM |
|---|---|---|---|---|
| Forward PE | 121.2x | 19.1x+536% | 21.7x+459% | — |
| Trailing PE | -362.4x | 25.2x-1536% | 27.5x-1419% | 144.9x-350% |
| PEG Ratio | — | 1.75x | 1.47x | — |
| EV/EBITDA | — | 15.3x | 17.4x | 81.4x |
| Price/FCF | 468.4x | 21.3x+2096% | 19.8x+2266% | — |
| Price/Sales | 50.4x | 3.1x+1508% | 2.4x+1987% | 21.3x+136% |
| Dividend Yield | — | 1.88% | 1.18% | — |
SITM trades above S&P 500 benchmarks on 3 of 4 measured multiples — commands a broad premium across most valuation dimensions.
Forward P/E and PEG reflect analyst consensus estimates. Historical averages use trailing ratios where forward data is unavailable.S&P 500 and sector benchmarks both use trailing median P/E — similar readings indicate the broader index and sector are priced alike.
Open valuation toolSITM Financial Health
Verdict
Stressed
SITM generates $35M in free cash flow at a 10.7% margin.
Cash Engine
Revenue, margins, and cash generation
Revenue (TTM)
Trailing-twelve-month sales base
$327M
Revenue Growth
TTM vs prior year
+61.2%
Gross Margin
Gross profit as a share of revenue
53.6%
Operating Margin
Operating income divided by revenue
-19.6%
Net Margin
Net income divided by revenue
-13.1%
EPS (TTM)
Diluted earnings per share, trailing twelve months
$-1.58
Free Cash Flow (TTM)
Cash generation after capex
$35M
FCF Margin
FCF as share of revenue — the primary cash quality signal
10.7%
Capital Quality
ROIC, leverage, and debt serviceability
ROIC
Return on invested capital — primary competitive quality signal
-4.9%
ROA
Return on assets, trailing twelve months
-3.6%
Cash & Equivalents
Liquid assets on the balance sheet
$17M
Net Cash
Cash exceeds total debt — no net leverage
$12M
Debt Serviceability
Net debt as a multiple of annual free cash flow
Net cash ✓
ROE *
Return on equity, trailing twelve months
-4.2%
* Elevated by buyback-compressed equity — compare ROIC (-4.9%) for an undistorted picture of capital efficiency.
Shareholder Returns
How capital is returned to owners
Total shareholder yield
0.0%
Dividend
—
Buyback
0.0%
Share Repurchases
Trailing buyback outflow — dollar magnitude of capital returned
$0
Dividend / Share
Annualized trailing dividend per share
—
Payout Ratio
Share of earnings distributed as dividends
—
Shares Outstanding
Current diluted share count
26M
All figures from the trailing twelve months. ROIC uses invested capital (equity + net debt). ROE marked * where buyback-compressed equity base may inflate the figure.
Open full ratios pageSITM Stock Risk Factors
Key factors that could pressure the stock price, compress the multiple, or weigh on future results.
AI analysis · updated April 29, 2026
High Risk
Customer Concentration
SiTime's revenue is heavily reliant on a small number of key customers, with approximately 55% of revenue in Q3 2024 coming from just three clients. This dependency poses a significant risk of revenue volatility if these major customers reduce or cease their orders.
High Risk
Competition
The semiconductor industry is characterized by intense competition, with major players like Microchip Technology and Texas Instruments potentially leveraging their scale to offer lower-priced alternatives. SiTime's ability to innovate and maintain market share is critical, as failure to do so could result in significant customer loss.
High Risk
Valuation Concerns
SiTime's stock is trading at a premium compared to its peers, raising concerns about its valuation. This high valuation makes the stock vulnerable to sharp pullbacks if growth slows or market sentiment shifts, especially given its negative GAAP operating margin and ongoing efforts to achieve breakeven.
Medium
Operational Risks
SiTime operates a fabless business model, relying on third-party suppliers for manufacturing, which introduces risks related to supply chain management and third-party performance. Additionally, internal operational challenges such as human error and system failures could negatively impact performance.
Medium
Macroeconomic Conditions
Global macroeconomic factors, including economic downturns and geopolitical instability, can adversely affect SiTime's business by reducing demand and increasing costs. The company's end markets are sensitive to economic cycles, which could lead to delayed orders and reduced revenue.
Lower
Dilution Risk
SiTime has engaged in equity offerings that may dilute existing shareholders' value if not managed properly. This risk could impact investor confidence and the stock's performance.
Lower
Geopolitical and Tariff Risks
Ongoing geopolitical tensions and trade policies present additional risks that could affect SiTime's operations and market access. These factors could lead to increased costs and supply chain disruptions.
Lower
Integration and Execution Risk
SiTime's plan to acquire Renesas' timing business introduces integration and execution risks associated with a large, debt-financed transaction. Successful integration is critical to realizing the expected benefits of this acquisition.
These are risk mechanisms, not predictions. The key question is which would force a cut to earnings estimates or a lower multiple than the market currently prices in.
Why SITM Stock Could Outperform
Structural drivers behind the upside case and why the stock could outperform over the next 12 months.
AI analysis · updated April 29, 2026
Market Leadership and Disruption
SiTime is a primary disruptor in the global timing market, valued at $10 billion. The company's precision timing solutions are in high demand, particularly in aerospace, defense, and automotive sectors, where localized timing is crucial due to potential GPS unreliability.
Technological Innovation
SiTime's recent product launches, including the Chorus clock generator for the ADAS market and FailSafe technology for autonomous vehicles, demonstrate its commitment to innovation. These advancements position the company to meet the evolving needs of key industries.
Strong Financial Performance and Growth
The company is experiencing significant margin expansion driven by new product introductions and revenue growth in higher-margin markets. Earnings are forecast to grow significantly, with projections indicating an 89.72% annual growth rate.
Positive Analyst Sentiment
A strong majority of analysts recommend SiTime as a 'Strong Buy'. While some analyses suggest potential overvaluation, others indicate a fair value that suggests the stock is undervalued, with analyst price targets ranging from $400 to $600.
Strategic Acquisitions and Partnerships
SiTime's growth is bolstered by strategic acquisitions and strong financial performance, enhancing its market position. This strategy makes it an attractive investment opportunity as it continues to expand its footprint in the precision timing market.
A real bull case compounds — each driver matters most when it strengthens margins, supports capital returns, and keeps the company above the market's minimum growth bar simultaneously.
SITM Stock Price Performance
52-week range context and price returns across multiple time horizons. Dividend contribution is shown separately in the Capital Return section.
Current Price
$623.33
52W Range Position
99%
52-Week Range
Current price plotted between the 52-week low and high.
52-Week Low
$158.63
+292.9% from the low
52-Week High
$626.43
-0.5% from the high
1 Month
+71.27%
3 Month
+48.88%
YTD
+68.5%
1 Year
+277.2%
3Y CAGR
+94.1%
5Y CAGR
+49.5%
10Y CAGR
+47.3%
Range context matters because valuation compression and earnings misses rarely hit from the same starting point. A stock already far below its high can still fall, but it is no longer carrying the same embedded optimism as one pressing a fresh peak.
SITM vs Peers
Valuation, growth, and margin comparison against the closest publicly traded peers for this company.
Peer Set
Accurate peer set
Forward PE
121.2x
vs 68.5x median
+77% above peer median
Revenue Growth
+33.2%
vs +5.3% median
+531% above peer median
Net Margin
-13.1%
vs 5.0% median
-364% below peer median
| Company | Mkt Cap | Fwd PE | Rev Grw | Margin | Rating | Upside |
|---|---|---|---|---|---|---|
SIT SITM SiTime Corporation | $16.5B | 121.2x | +33.2% | -13.1% | Buy | -30.0% |
FOR FORM FormFactor, Inc. | $11.6B | 68.5x | +4.7% | 8.1% | Hold | -17.3% |
MTS MTSI MACOM Technology Solutions Holdings, Inc. | $23.2B | 69.2x | +19.8% | 15.9% | Buy | -18.0% |
POW POWI Power Integrations, Inc. | $4.4B | 60.5x | +0.0% | 5.0% | Buy | +1.0% |
SMT SMTC Semtech Corporation | $11.0B | 70.3x | +5.3% | 2.8% | Buy | -26.7% |
DIO DIOD Diodes Incorporated | $5.3B | 50.0x | +6.1% | 4.5% | Buy | -36.2% |
This peer comparison reflects companies with similar business models, product lines, or market positioning, supplemented by industry grouping when direct matches are limited.
FAQ
7 questionsSITM Investor Questions
Common questions answered from live analyst data and company financials.
01Is SiTime Corporation (SITM) stock a buy or sell in 2026?
SiTime Corporation (SITM) is rated Buy by Wall Street analysts as of 2026. Of 9 analysts covering the stock, 8 rate it Buy or Strong Buy, 1 rate it Hold, and 0 rate it Sell or Strong Sell. The consensus 12-month price target is $436, implying -30.0% from the current price of $623.
02What is the SITM stock price target for 2026?
The Wall Street consensus price target for SITM is $436 based on 9 analyst estimates. The high-end target is $500 (-19.8% from today), and the low-end target is $350 (-43.8%).
03Is SiTime Corporation (SITM) stock overvalued in 2026?
SITM trades at 121.2x times forward earnings. The stock currently trades at a discount to the broader market. Based on current multiples versus the peer group, the relative model signals significantly overvalued. Whether the stock is over or undervalued ultimately depends on whether consensus earnings estimates are achievable.
04What are the main risks for SiTime Corporation (SITM) stock in 2026?
The primary risks for SITM in 2026 are: (1) Customer Concentration — SiTime's revenue is heavily reliant on a small number of key customers, with approximately 55% of revenue in Q3 2024 coming from just three clients. (2) Competition — The semiconductor industry is characterized by intense competition, with major players like Microchip Technology and Texas Instruments potentially leveraging their scale to offer lower-priced alternatives. (3) Valuation Concerns — SiTime's stock is trading at a premium compared to its peers, raising concerns about its valuation. Each factor has the potential to pressure earnings or compress the stock's valuation multiple.
05What is SiTime Corporation's revenue and earnings forecast?
Analyst consensus estimates SITM will report consensus revenue of $375M (+33.2% year-over-year) and EPS of $-2.26 (+17.7% year-over-year) for the upcoming fiscal year. The following year, analysts project $459M in revenue.
06When does SiTime Corporation (SITM) report its next earnings?
SiTime Corporation is expected to report its next earnings on approximately 2026-05-06. Consensus expects EPS of $1.14 and revenue of $104M. Over recent quarters, SITM has beaten EPS estimates 100% of the time.
07How much free cash flow does SiTime Corporation generate?
SiTime Corporation (SITM) generated $35M in free cash flow over the trailing twelve months — a free cash flow margin of 10.7%. SITM returns capital to shareholders through and share repurchases ($0 TTM).