SiTime (NASDAQ:SITM) Posts Earnings Results, Beats Estimates By $0.39 EPS

Posted by Geri Gentry on Aug 7th, 2026

SiTime (NASDAQ:SITM – Get Free Report) announced its quarterly earnings results on Wednesday. The company reported $2.34 earnings per share for the quarter, beating the consensus estimate of $1.95 by $0.39, FiscalAI reports. The business had revenue of $157.43 million for the quarter, compared to analysts’ expectations of $146.46 million. SiTime had a net margin of 3.01% and a return on equity of 4.86%. The firm’s revenue for the quarter was up 126.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.47 EPS. SiTime updated its Q3 2026 guidance to 3.500-3.650 EPS.

Here are the key takeaways from SiTime’s conference call:

Exceptional Q2 results: Revenue rose 127% year over year to $157.4 million, while gross margin expanded to 67.1%, operating margin reached 34%, and non-GAAP EPS increased 400% to $2.34.
AI-driven data-center demand remained the primary growth engine. Communications, enterprise, and data-center revenue increased 181% to $101.2 million, supported by 800G/1.6T optical modules, greater synchronization needs, and expanding AI infrastructure beyond traditional hyperscalers.
Renesas’ timing-business acquisition closed July 1 and is expected to contribute approximately $85 million of Q3 revenue; management said TPD is tracking ahead of its initial $300 million 12-month revenue expectation and accelerates SiTime’s path toward $1 billion in revenue.
Integration and supply-chain execution remain risks. SiTime is relying on Renesas transition-service agreements for manufacturing and testing during the next several quarters, while the Q3 outlook also reflects lower interest income after acquisition funding and higher operating expenses.
Q3 guidance implies a sharp step-up in scale: Combined revenue is expected at $285 million–$295 million, gross margin at approximately 68% plus or minus one point, and non-GAAP EPS at $3.50–$3.65; management also reported strong backlog visibility extending into 2027.

SiTime Price Performance

NASDAQ SITM traded up $36.48 during trading hours on Friday, reaching $723.98. 557,342 shares of the company’s stock traded hands, compared to its average volume of 487,428. SiTime has a 52-week low of $195.75 and a 52-week high of $901.81. The firm has a 50-day simple moving average of $636.23 and a 200 day simple moving average of $527.52. The firm has a market cap of $19.11 billion, a PE ratio of 1,482.84 and a beta of 2.94.

SiTime News Summary

Here are the key news stories impacting SiTime this week:

Positive Sentiment: Q2 results exceeded expectations. SiTime reported adjusted earnings of $2.34 per share, above the roughly $1.93–$1.95 consensus, while revenue rose 126.5% year over year to $157.4 million, surpassing estimates of approximately $146.5 million. The company also cited improving margins and strong growth in its consumer, enterprise and data-center-related businesses. SiTime Reports Second Quarter 2026 Financial Results
Positive Sentiment: Third-quarter guidance was dramatically ahead of Wall Street forecasts. SiTime projected revenue of $285 million to $295 million and earnings of $3.50 to $3.65 per share, compared with consensus revenue of about $163.8 million and EPS of $1.90. The outlook reflects accelerating timing content in AI infrastructure, longer customer orders and expected benefits from its Renesas relationship. SITM Q2 Earnings Call Points to AI Growth and TPD Upside
Positive Sentiment: Analyst sentiment remained bullish. Needham raised its price target to $900 from $850 and reiterated a Buy rating, citing SiTime’s AI growth opportunity and stronger forward visibility. The stock also benefited from a broader rebound in semiconductor shares. SiTime Price Target Raised at Needham
Neutral Sentiment: Valuation remains a risk. Despite improving fundamentals, SiTime trades at an exceptionally high earnings multiple and remains a volatile semiconductor stock, which could make the shares vulnerable to profit-taking or any slowdown in AI-related spending.

Insider Buying and Selling at SiTime

In other news, Director Raman Chitkara sold 2,000 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $727.38, for a total transaction of $1,454,760.00. Following the transaction, the director owned 19,898 shares of the company’s stock, valued at approximately $14,473,407.24. This represents a 9.13% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Rajesh Vashist sold 30,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $701.13, for a total transaction of $21,033,900.00. Following the completion of the sale, the chief executive officer owned 402,898 shares of the company’s stock, valued at approximately $282,483,874.74. This trade represents a 6.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 69,709 shares of company stock valued at $50,230,546 over the last ninety days. Corporate insiders own 1.40% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Whale Rock Capital Management LLC raised its stake in SiTime by 45.4% during the 4th quarter. Whale Rock Capital Management LLC now owns 698,539 shares of the company’s stock valued at $246,717,000 after acquiring an additional 218,038 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings in SiTime by 61.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 562,892 shares of the company’s stock valued at $198,808,000 after buying an additional 213,242 shares during the last quarter. Fuller & Thaler Asset Management Inc. purchased a new stake in shares of SiTime in the fourth quarter valued at $59,452,000. Wellington Management Group LLP lifted its stake in shares of SiTime by 36.8% during the third quarter. Wellington Management Group LLP now owns 537,741 shares of the company’s stock worth $162,027,000 after purchasing an additional 144,671 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of SiTime by 22.0% in the second quarter. Ameriprise Financial Inc. now owns 736,281 shares of the company’s stock worth $156,887,000 after buying an additional 132,948 shares during the period. Hedge funds and other institutional investors own 84.31% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Barclays upgraded shares of SiTime from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $400.00 to $850.00 in a report on Thursday, May 7th. Weiss Ratings reiterated a “sell (d-)” rating on shares of SiTime in a research note on Friday, July 17th. Roth Capital restated a “buy” rating and issued a $900.00 target price on shares of SiTime in a research note on Thursday, May 7th. Wall Street Zen raised SiTime from a “hold” rating to a “buy” rating in a report on Sunday, July 12th. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $900.00 price target on shares of SiTime in a report on Thursday. Eight investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $688.75.

View Our Latest Analysis on SiTime

About SiTime

(Get Free Report)

SiTime Corporation is a fabless semiconductor company specializing in silicon timing solutions that leverage micro-electromechanical systems (MEMS) technology as an alternative to traditional quartz crystals. Its portfolio of programmable oscillators, resonators, clock generators, jitter attenuators and network synchronizers addresses precision timekeeping requirements across a wide range of electronic systems. By integrating MEMS resonators with advanced mixed-signal control circuitry, SiTime’s products offer enhanced reliability, resistance to shock and vibration, and a smaller footprint compared with conventional quartz devices.

The company’s timing devices serve diverse end markets, including telecommunications infrastructure, data center and enterprise networking, consumer electronics, automotive systems, industrial automation, and aerospace and defense applications.