
SiTime Corporation (SITM) Stock Forecast & Price Target
SiTime Corporation (SITM) Analyst Ratings
Bulls say
SiTime Corp reported a strong performance across its key segments, with Industrial, Auto & Aerospace sales growing by 15.8% quarter-over-quarter and 31.4% year-over-year, highlighting the sector's importance to the company's revenue mix as opportunities in advanced technologies expand. Furthermore, the company's non-GAAP gross margins improved to 58.8%, exceeding estimates, while operating margins saw a notable sequential increase, indicating effective cost management and operational efficiency. Revenue for the fourth quarter reached $68.1 million, surpassing estimates with all segments demonstrating robust double-digit growth, reinforcing SiTime's positive financial trajectory and future outlook.
Bears say
SiTime Corp is experiencing a consistent decline in Days of Inventory (DOI), which fell by 22 days quarter-over-quarter to 249 days, indicating potential inefficiencies in inventory management and sales performance. The company's significant customer dependency is concerning, as segment revenue excluding its largest customer decreased by 11.1% quarter-over-quarter to $6.8 million, compounded by seasonally lower revenue expectations and increased manufacturing costs. Additionally, a reduction in cash and cash equivalents, which experienced a quarter-over-quarter decline due to capital expenditures and acquisition-related payments, coupled with an anticipated decline in gross margins for the first quarter of 2025, paints a challenging financial outlook for the company.
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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