
SiTime Corporation (SITM) Stock Forecast & Price Target
SiTime Corporation (SITM) Analyst Ratings
Bulls say
SiTime Corp has demonstrated robust sales growth across multiple sectors, with notable increases in its Industrial, Automotive & Aerospace segment, which rose 15.8% quarter-over-quarter and 31.4% year-over-year to $20.5 million, contributing significantly to the company’s revenue mix. The company's non-GAAP gross margins improved to 58.8%, surpassing estimates and reflecting a strong operational performance, while operating margins also showed substantial sequential improvement, indicating effective cost management and operational efficiency. Furthermore, the Communications/Data Center/Enterprise segment experienced remarkable growth of 25.9% quarter-over-quarter and an impressive 155.7% year-over-year, underscoring strong demand in data center applications, which bodes well for SiTime’s future revenue potential.
Bears say
The negative outlook for SiTime Corp is primarily driven by a significant decline in Days of Inventory (DOI), which fell to 249 days in 4Q24, a reduction of 22 days quarter-over-quarter and well below the 487 days reported in 1Q24. Additionally, segment revenue, excluding the largest customer, decreased to $6.8 million in 4Q24, reflecting an 11.1% quarter-over-quarter decline, attributed to seasonally lower anticipated revenue and increased manufacturing absorption costs. Furthermore, the company reported a quarterly decline in cash and cash equivalents, alongside expectations of a sequential decrease in gross margins due to lower revenue absorption and stable operating expenses.
This aggregate rating is based on analysts' research of SiTime Corporation and is not a guaranteed prediction by Public.com or investment advice.
SiTime Corporation (SITM) Analyst Forecast & Price Prediction
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