
SiTime Corporation (SITM) Stock Forecast & Price Target
SiTime Corporation (SITM) Analyst Ratings
Bulls say
SiTime Corp is poised for strong financial performance, with projected revenue growth expected to rebound by 41% year-over-year in CY24 and a further anticipated increase of 42.5% in CY25. The company’s gross margins are expected to remain robust at 57%-60%, indicating sustained profitability and operational efficiency. Additionally, the diversification of its CED segment, which now constitutes nearly 50% of overall revenue, underlines SiTime's growth in lucrative markets and highlights significant cross-selling opportunities across its extensive application base in various industries.
Bears say
SiTime Corp's negative outlook is primarily driven by the inherent cyclicality of the semiconductor industry, which can lead to fluctuations in demand and revenue. Additionally, there is concern regarding potential valuation compression, which could adversely affect the company's stock price. Finally, the timing and degree of market acceptance for SiTime's new products and technologies remain uncertain, further contributing to the negative sentiment surrounding the stock.
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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