
SiTime Corporation (SITM) Stock Forecast & Price Target
SiTime Corporation (SITM) Analyst Ratings
Bulls say
SiTime Corp is poised for significant revenue growth, with a projected increase of 41% year-over-year in CY24 and 42.5% year-over-year in CY25, driven by rising demand for oscillators and clock generators as well as successful design acquisitions. The company is also expected to achieve substantial margin expansion, supported by new product launches and an improving product mix, evident in a non-GAAP gross margin of 58.8%, surpassing estimates. Additionally, the strong guidance of $101.5 million in revenue for the upcoming quarter, reflecting a 21.5% sequential and 49% year-over-year increase, aligns with SiTime's positive growth trajectory in high-margin markets.
Bears say
SiTime Corp's revenue outlook shows potential growth in sectors like Communications, Enterprise, and Data Center, but significant declines in Mobile, IoT, and Consumer segments raise concerns about overall profitability. The dependence on customer project timing for revenue realization introduces risks, as delays in project launches can negatively impact financial results. Additionally, the company faces broader risks related to the cyclicality of the semiconductor industry and challenges in market acceptance of new products, which further contribute to a negative outlook.
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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