
SiTime Corporation (SITM) Stock Forecast & Price Target
SiTime Corporation (SITM) Analyst Ratings
Bulls say
SiTime Corp reported substantial growth in several key business segments, with Industrial, Auto & Aerospace sales rising by 15.8% quarter-over-quarter (q/q) and 31.4% year-over-year (y/y), contributing $20.5 million to revenue. The company achieved impressive non-GAAP gross margins of 58.8%, exceeding expectations and highlighting effective cost management while operating margins improved significantly to 11.1%, reflecting operational efficiencies. Overall, the company's December quarter revenue reached $68.1 million, representing a robust growth of 18.0% q/q and 60.6% y/y, driven by strong performance across all end markets, particularly within Data Center applications.
Bears say
SiTime Corp experienced a significant decline in Days of Inventory (DOI) in 4Q24, dropping to 249 days from 487 days in 1Q24A, reflecting weakening demand and operational challenges. The company's segment revenue, excluding its largest customer, also faced a decline to $6.8 million in 4Q24, a decrease of 11.1% quarter-over-quarter, due in part to seasonally lower revenue expectations and increased manufacturing costs associated with new product launches. Additionally, the company reported a decrease in cash and cash equivalents by $16 million due to capital expenditures and acquisition-related payments, which coupled with anticipated declines in gross margin, contributes to a cautious outlook on SiTime's financial performance.
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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