SiTime (NASDAQ:SITM) Given New $600.00 Price Target at Needham & Company LLC

Posted by Brenda Bartman on Nov 5th, 2026

SiTime (NASDAQ:SITM – Get Free Report) had its price target dropped by research analysts at Needham & Company LLC from $900.00 to $600.00 in a research note issued on Thursday, Benzinga reports. The firm presently has a “buy” rating on the stock. Needham & Company LLC‘s price target would suggest a potential upside of 48.78% from the company’s current price.

SITM has been the topic of several other reports. Rosenblatt Securities lifted their price target on shares of SiTime from $750.00 to $900.00 and gave the stock a “buy” rating in a research note on Tuesday. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $900.00 price objective on shares of SiTime in a research note on Thursday, August 6th. Weiss Ratings lowered shares of SiTime from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, October 23rd. Benchmark initiated coverage on shares of SiTime in a research report on Wednesday, August 19th. They issued a “buy” rating and a $850.00 target price on the stock. Finally, UBS Group boosted their price target on shares of SiTime from $775.00 to $840.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, SiTime has an average rating of “Moderate Buy” and an average target price of $706.00.

Read Our Latest Stock Report on SITM

SiTime Price Performance

SITM opened at $403.27 on Thursday. The company has a current ratio of 19.44, a quick ratio of 18.50 and a debt-to-equity ratio of 1.29. The stock has a market capitalization of $12.13 billion, a P/E ratio of 823.00 and a beta of 2.88. The stock has a 50-day moving average price of $570.71 and a 200-day moving average price of $546.08. SiTime has a 12-month low of $243.68 and a 12-month high of $901.81.

SiTime (NASDAQ:SITM – Get Free Report) last released its earnings results on Thursday, November 5th. The company reported $4.01 earnings per share for the quarter, topping analysts’ consensus estimates of $3.62 by $0.39. The company had revenue of $298.67 million during the quarter, compared to the consensus estimate of $292.65 million. SiTime had a return on equity of 4.99% and a net margin of 3.01%. SiTime’s quarterly revenue was up 257.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.87 EPS. Equities analysts predict that SiTime will post 6.37 earnings per share for the current fiscal year.

Insider Transactions at SiTime

In related news, Director Edward H. Frank sold 1,000 shares of the company’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $745.00, for a total transaction of $745,000.00. Following the completion of the sale, the director directly owned 10,999 shares in the company, valued at $8,194,255. This represents a 8.33% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Fariborz Assaderaghi sold 1,374 shares of the stock in a transaction on Friday, October 2nd. The shares were sold at an average price of $701.05, for a total transaction of $963,242.70. Following the sale, the insider directly owned 66,861 shares of the company’s stock, valued at $46,872,904.05. The trade was a 2.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 15,924 shares of company stock valued at $10,056,661. 1.40% of the stock is currently owned by insiders.

Institutional Investors Weigh In On SiTime

A number of institutional investors have recently modified their holdings of SITM. Tidal Investments LLC grew its position in SiTime by 231.3% during the 2nd quarter. Tidal Investments LLC now owns 7,762 shares of the company’s stock valued at $5,787,000 after purchasing an additional 5,419 shares during the last quarter. Tairen Capital Ltd bought a new stake in SiTime during the 2nd quarter valued at about $9,320,000. Congress Asset Management Co. purchased a new position in SiTime in the third quarter worth about $20,866,000. Jupiter Topco LLC purchased a new position in SiTime in the second quarter worth about $7,326,000. Finally, Janus Henderson Group PLC raised its holdings in SiTime by 13.2% in the first quarter. Janus Henderson Group PLC now owns 14,448 shares of the company’s stock worth $4,994,000 after buying an additional 1,688 shares during the last quarter. 84.31% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting SiTime

Here are the key news stories impacting SiTime this week:

Positive Sentiment: Q3 beat and rapid growth: SiTime reported adjusted EPS of $4.01, versus estimates of $3.62, and revenue of $298.67 million, ahead of the $292.65 million consensus. Revenue rose 257.4% year over year, while gross margin reached 70.7% according to the earnings-call highlights. SiTime Q3 2026 Earnings Call Highlights
Positive Sentiment: Higher analyst target: Rosenblatt Securities raised its price target from $750 to $900 and maintained a Buy rating, signaling continued confidence in the stock’s prospects. SiTime Price Target Bump
Neutral Sentiment: Valuation remains a consideration: A separate post-results article asks whether SITM is a bargain after the strong quarter and stock split, but its headline alone does not establish that the shares are undervalued. Is SiTime a Bargain After Q3 Results and a Stock Split?
Negative Sentiment: Shares have weakened despite the earnings beat. With SITM trading well below its recent moving averages and carrying a very high valuation, investors may be taking profits or demanding more evidence that rapid growth can be sustained. This may help explain the disconnect between strong reported results and the stock’s direction.

SiTime Company Profile

(Get Free Report)

SiTime Corporation (NASDAQ: SITM) develops and supplies precision timing solutions for electronic systems. Its products are designed to generate, distribute and maintain accurate timing signals, which help connected devices and infrastructure operate reliably and efficiently.

The company’s portfolio includes silicon MEMS-based resonators and oscillators, clock generators, clock synchronizers, jitter attenuators and other timing components. These products are used in applications such as data centers, telecommunications and networking equipment, automotive systems, industrial machinery, aerospace and defense electronics, and consumer devices.

SiTime’s technology is intended to address demanding requirements for frequency stability, signal integrity, power efficiency and resilience in challenging operating environments.