SiTime (NASDAQ:SITM) Issues Earnings Results

SiTime (NASDAQ:SITM) posted its earnings results on Wednesday. The company reported $4.01 EPS for the quarter, topping the consensus estimate of $3.62 by $0.39, FiscalAI reports. SiTime had a net margin of 3.87% and a return on equity of 13.92%. The firm had revenue of $298.67 million during the quarter, compared to analysts’ expectations of $292.65 million. During the same period last year, the company posted $0.87 EPS. The company’s quarterly revenue was up 257.4% compared to the same quarter last year.

Here are the key takeaways from SiTime’s conference call:

• Record growth and strong outlook: Q3 revenue was $298.7 million, up 257% year over year, with 70.7% gross margin, 43% operating margin and non-GAAP EPS of $4.01. SiTime forecast Q4 revenue of $331 million–$341 million and EPS of about $4.76 at the midpoint.
• AI data-center demand is expanding opportunities: Core communications, enterprise and data-center revenue grew 202%, while optical architectures—including XPO, coherent optics, NPO and CPO—are creating opportunities for higher timing content and higher-value products. Management said the total design-win funnel reached $10 billion, and the semiconductor-company funnel grew eightfold to more than $4 billion, though much of the latter is expected to ramp in 2028–2029.
• Renesas timing acquisition is showing early cross-selling benefits: The acquired TPD business generated $86.3 million in Q3 revenue, up 67% year over year, and management reported that combined offerings are already creating opportunities in both companies’ customer bases. SiTime said its 2027 revenue forecast at its largest accounts has increased two to five times, largely reflecting design-win potential.
• Supply constraints and investment needs remain: Wafer supply constraints, particularly for TPD, are expected to persist through 2027, although management expects the most severe issues to ease around early 2027. The company also expects operating expenses to rise sequentially through 2027 as it builds out infrastructure and supports growth.

SiTime Price Performance

Shares of NASDAQ SITM traded up $63.80 during mid-day trading on Friday, hitting $418.80. 1,113,058 shares of the company’s stock traded hands, compared to its average volume of 499,943. The company’s 50-day moving average is $565.87 and its two-hundred day moving average is $546.00. The company has a debt-to-equity ratio of 1.29, a current ratio of 19.44 and a quick ratio of 18.50. The company has a market capitalization of $12.59 billion, a P/E ratio of 445.53 and a beta of 2.88. SiTime has a 1 year low of $243.68 and a 1 year high of $901.81.

Insider Buying and Selling

In other news, Director Edward Frank sold 1,000 shares of the stock in a transaction on Monday, August 17th. The shares were sold at an average price of $745.00, for a total value of $745,000.00. Following the sale, the director owned 10,999 shares of the company’s stock, valued at approximately $8,194,255. This represents a 8.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Katherine Schuelke sold 500 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $698.05, for a total transaction of $349,025.00. Following the transaction, the director owned 12,010 shares in the company, valued at $8,383,580.50. The trade was a 4.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 14,874 shares of company stock valued at $9,298,908. Insiders own 1.40% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on SITM shares. Weiss Ratings lowered shares of SiTime from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, October 23rd. Citigroup downgraded SiTime to a “neutral” rating in a research note on Friday. Morgan Stanley started coverage on SiTime in a report on Thursday, September 17th. They issued an “overweight” rating and a $370.00 target price for the company. Barclays assumed coverage on SiTime in a research note on Friday. They issued a “buy” rating for the company. Finally, Wall Street Zen raised SiTime from a “hold” rating to a “buy” rating in a report on Saturday, October 17th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, SiTime presently has a consensus rating of “Moderate Buy” and a consensus target price of $687.00.

Trending Headlines about SiTime

Here are the key news stories impacting SiTime this week:

• Positive Sentiment: SiTime reported Q3 2026 adjusted EPS of $4.01, above the cited $3.62 consensus, and revenue of $298.7 million versus expectations of $292.7 million. Revenue rose 257% year over year, supported by AI infrastructure demand and the Renesas timing acquisition. SiTime Q3 financial results
• Positive Sentiment: Management commentary highlighted continued AI-related growth, opportunities in optical networking, and benefits from TPD integration—supporting expectations for further expansion. Q3 call highlights
• Positive Sentiment: Needham initiated coverage with a Buy rating and a $600 target, while Seaport Global upgraded the stock to Buy with a $425 target. Seaport Global upgrade
• Neutral Sentiment: UBS lowered its target from $750 to $650 but maintained a Buy rating, signaling a more cautious valuation view while remaining positive on the shares. UBS analyst action
• Negative Sentiment: Management flagged wafer supply constraints that could persist through 2027, potentially limiting the company’s ability to meet demand and slowing growth. Supply constraints and outlook

SiTime Company Profile

SiTime Corporation (NASDAQ: SITM) develops and supplies precision timing solutions for electronic systems. Its products are designed to generate, distribute and maintain accurate timing signals, which help connected devices and infrastructure operate reliably and efficiently.

The company’s portfolio includes silicon MEMS-based resonators and oscillators, clock generators, clock synchronizers, jitter attenuators and other timing components. These products are used in applications such as data centers, telecommunications and networking equipment, automotive systems, industrial machinery, aerospace and defense electronics, and consumer devices.

SiTime’s technology is intended to address demanding requirements for frequency stability, signal integrity, power efficiency and resilience in challenging operating environments.