
SiTime Corporation (SITM) Stock Forecast & Price Target
SiTime Corporation (SITM) Analyst Ratings
Bulls say
SiTime Corp is positioned for a positive financial outlook due to anticipated revenue growth driven by increasing demand for oscillators and clock generators, notably through the introduction of advanced products like Elite and Elite RF oscillators. The company projects a significant rebound in revenue, with a year-over-year growth forecast of 41% for 2024 and an additional 42.5% for 2025, as well as sustained non-GAAP gross margins expected to remain between 57% and 60%. Additionally, a strong revenue guidance of $101.5 million for the upcoming quarter, reflecting a 21.5% quarter-over-quarter and 49% year-over-year increase, underscores positive market trends and operational efficiency improvements.
Bears say
SiTime Corp faces challenges in its revenue outlook, particularly with significant declines projected in key sectors such as Mobile, IoT, and Consumer, which is expected to decline by 1.3% quarter-over-quarter. Additionally, potential delays in customer project timelines could negatively impact revenue generation, as these outcomes are contingent on the visibility of design wins. Furthermore, the company operates in a highly cyclical semiconductor market, where valuation compression and delays in new product acceptance pose significant risks to its 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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