SiTime shares jump as upbeat Q1 results, raised outlook, and a major analyst upgrade fuel rally

SiTime Corporation (SITM) is up 24.3% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears driven by a strong quarterly beat and a notably higher outlook that pointed to accelerating demand, with additional momentum from a high-profile analyst upgrade and sharply higher price target. Together, the results and forward guidance likely reset near-term expectations for revenue and profitability.

Details:

SiTime reported first-quarter 2026 results with revenue of $113.6 million and non-GAAP EPS of $1.44, reflecting a large year-over-year improvement.

The company’s outlook for the next quarter implied a meaningful step-up in revenue, with guidance of roughly $140–$150 million and non-GAAP EPS of about $1.85–$2.00.

Management commentary tied strength to demand trends in higher-performance timing applications, including infrastructure-oriented end markets.

A Barclays analyst upgrade to Overweight (from Equal Weight) and a price-target increase to $850 (from $400) added to bullish sentiment after the earnings release.

Sources:

U.S. Securities and Exchange Commission, GlobeNewswire, Investing.com

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$SITM Insider Trading Activity

$SITM insiders have traded $SITM stock on the open market 22 times in the past 6 months. Of those trades, 0 have been purchases and 22 have been sales.

Here’s a breakdown of recent trading of $SITM stock by insiders over the last 6 months:

CORP /FI MEGACHIPS sold 400,000 shares for an estimated $102,240,000
SAMSHEER AHAMAD (See Remarks) has made 0 purchases and 2 sales selling 13,100 shares for an estimated $5,181,777.
RAJESH VASHIST (Chief Executive Officer) has made 0 purchases and 3 sales selling 14,000 shares for an estimated $4,610,440.
FARIBORZ ASSADERAGHI (See Remarks) has made 0 purchases and 5 sales selling 10,596 shares for an estimated $4,028,371.
PIYUSH B SEVALIA (See Remarks) has made 0 purchases and 5 sales selling 6,047 shares for an estimated $2,643,620.
LIONEL BONNOT (See Remarks) has made 0 purchases and 3 sales selling 5,204 shares for an estimated $1,968,953.
AKIRA TAKATA sold 3,500 shares for an estimated $1,511,055
RAMAN CHITKARA has made 0 purchases and 2 sales selling 501 shares for an estimated $212,940.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API.

EARLY ACCESS

Receive SITM Data Alerts

Real-time alerts on filings, insider trades, and market signals — before everyone else.

Get Alerts →

$SITM Hedge Fund Activity

We have seen 198 institutional investors add shares of $SITM stock to their portfolio, and 207 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

FMR LLC added 454,965 shares (+15.7%) to their portfolio in Q4 2025, for an estimated $160,689,088
JANE STREET GROUP, LLC added 284,494 shares (+9591.8%) to their portfolio in Q4 2025, for an estimated $100,480,435
NORGES BANK added 221,307 shares (+1344.5%) to their portfolio in Q4 2025, for an estimated $78,163,419
WHALE ROCK CAPITAL MANAGEMENT LLC added 218,038 shares (+45.4%) to their portfolio in Q4 2025, for an estimated $77,008,841
PRICE T ROWE ASSOCIATES INC /MD/ added 213,242 shares (+61.0%) to their portfolio in Q4 2025, for an estimated $75,314,941
INVESCO LTD. removed 206,082 shares (-19.9%) from their portfolio in Q4 2025, for an estimated $72,786,101
HOOD RIVER CAPITAL MANAGEMENT LLC removed 200,908 shares (-42.8%) from their portfolio in Q4 2025, for an estimated $70,958,696

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.

$SITM Analyst Ratings

Wall Street analysts have issued reports on $SITM in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Needham issued a "Buy" rating on 02/05/2026
Goldman Sachs issued a "Buy" rating on 12/15/2025
Loop Capital issued a "Buy" rating on 11/21/2025

To track analyst ratings and price targets for $SITM, check out Quiver Quantitative's $SITM forecast page.

$SITM Price Targets

Multiple analysts have issued price targets for $SITM recently. We have seen 6 analysts offer price targets for $SITM in the last 6 months, with a median target of $492.5.

Here are some recent targets:

N. Quinn Bolton from Needham set a target price of $850.0 on 05/07/2026
Tom O'Malley from Barclays set a target price of $850.0 on 05/07/2026
Tore Svanberg from Stifel set a target price of $500.0 on 04/16/2026
Timothy Arcuri from UBS set a target price of $485.0 on 02/05/2026
James Schneider from Goldman Sachs set a target price of $420.0 on 12/15/2025
Gary Mobley from Loop Capital set a target price of $350.0 on 11/21/2025

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.