SiTime Corporation

NasdaqGM:SITM Stock Report

Market Cap: US$16.5b

SiTime Management

Management criteria checks 3/4

SiTime's CEO is Rajesh Vashist, appointed in Sep 2007, has a tenure of 18.67 years. total yearly compensation is $14.26M, comprised of 6% salary and 94% bonuses, including company stock and options. directly owns 0.76% of the company’s shares, worth $125.59M. The average tenure of the management team and the board of directors is 5.7 years and 6.5 years respectively.

Key information

Rajesh Vashist

Chief executive officer

US$14.3m

Total compensation

CEO salary percentage5.96%
CEO tenure18.7yrs
CEO ownership0.8%
Management average tenure5.7yrs
Board average tenure6.5yrs

Recent management updates

Recent updates

Narrative Update Apr 28

SITM: Future Returns Will Hinge On Execution Of Renesas Timing Unit Deal

SiTime's updated analyst price target has risen by more than one hundred dollars, with analysts citing stronger modeled revenue growth, a sharply lower profit margin assumption, and a very large future P/E as key inputs to their revised views. Analyst Commentary Recent Street research on SiTime points to a wide range of views, even as several firms publish higher price targets tied to updated revenue and margin assumptions.
Narrative Update Apr 13

SITM: Precision Timing And M&A Potential Will Shape Future Returns

SiTime's analyst price target has moved higher in recent weeks, reflecting a series of $40 to $100 increases from several firms. Analysts attribute these changes to their updated assumptions regarding discount rate, revenue growth, profit margin, and future P/E.
Seeking Alpha Apr 10

SiTime's Renesas Deal Makes This Stock Harder To Buy

Summary SiTime Corporation (SITM) is at an inflection point after a $1.5B acquisition of Renesas' timing business, transforming its risk and growth profile. Organic revenue growth and margin expansion are exceptional, but the new debt, dilution, and integration risk from the acquisition complicate the investment case. At $345, SITM is neither obviously cheap nor expensive; the Hold rating reflects a balanced risk/reward pending evidence from Q1 2026 results and deal integration. Key watchpoints are Q1 2026 earnings, regulatory progress on the acquisition, refinancing terms, and Apple-related concentration risk. Read the full article on Seeking Alpha
Narrative Update Mar 30

SITM: Higher Fair Value Will Depend On Timing Unit Acquisition Execution

Analysts have raised their SiTime price targets from $40 to $100, citing updated assumptions around revenue growth, profit margins, and a slightly higher discount rate, while still using a lower future P/E in their models. Analyst Commentary Recent Street research on SiTime centers on higher price targets, but the tone is not uniformly optimistic.
Narrative Update Mar 16

SITM: Rising Conviction In Timing Expansion Will Support Future Upside Potential

SiTime's analyst fair value estimate has increased from $430.00 to $500.00, with analysts attributing the change to updated growth and margin assumptions in recent price target revisions across several firms. Analyst Commentary Recent Street research points to a cluster of higher price targets for SiTime, with several bullish analysts revising their models and lifting their fair value ranges in relatively quick succession.
New Narrative Mar 03

SiTime Corp (SITM): The Rhythm of AI – Dominating the $10B Precision Timing Pivot in 2026.

SiTime Corp (SITM) is currently operating as the primary disruptor in the global timing market, trading at $406.41 as of the March 3, 2026, close. The stock experienced a significant 7.8% intraday decline today, a sharp reversal from its all-time high of $440.80 set just yesterday.
Narrative Update Mar 02

SITM: Higher Fair Value Will Test Execution And Acquisition Integration

Analysts have lifted their SiTime fair value estimate from $320.00 to $400.00, citing a series of higher Street price targets, slightly lower discount rate assumptions, modestly adjusted revenue growth expectations, and a higher projected profit margin with a similar future P/E multiple. Analyst Commentary Street research on SiTime has recently clustered around higher price targets, with multiple firms lifting their views by between $40 and $100 per share.
Narrative Update Feb 16

SITM: Precision Timing Focus And M&A Optionality Will Shape Returns

The analyst price target for SiTime has moved higher to $452.22 from $346.88, with analysts pointing to updated assumptions on revenue growth, profit margins, and future P/E after a series of recent price target increases across several firms. Analyst Commentary Recent research updates cluster around higher price targets for SiTime, with several firms raising their estimates by US$40 to US$100 and one initiating coverage with a US$350 target.
Narrative Update Feb 02

SITM: Precision Timing And Richer Mix Will Support Future Upside Potential

Analysts have lifted their fair value estimate for SiTime from $400 to $430, citing a higher price target range across recent research, a shift to richer profit margin assumptions, and a lower implied future P/E multiple in their updated models. Analyst Commentary Recent Street research has leaned constructive on SiTime, with several bullish analysts lifting price targets and highlighting what they see as attractive positioning in precision timing products.
Narrative Update Jan 19

SITM: Richer Segment Mix Will Likely Struggle To Support Premium Multiple

Narrative Update: SiTime Analyst Price Target Shift Analysts have lifted their SiTime fair value estimate from $269.34 to $320.00, citing updated models that reflect recent price target increases, a slightly higher discount rate of 10.48%, modestly adjusted assumptions for revenue growth and profit margin, and a revised future P/E of about 145x that is supported by Street research highlighting SiTime's role in precision timing and a richer segment mix. Analyst Commentary Recent Street research on SiTime centers on how its precision timing products fit into a timing market that one firm sizes at about US$10b, and how that opportunity lines up with current valuation and execution risks.
Narrative Update Jan 04

SITM Overheated Timing Demand Cycle Will Likely Challenge Premium Expectations

Analysts have raised their price target on SiTime significantly, lifting fair value from $180.00 to approximately $269.34. They cite the company's strengthening position as a precision timing technology disruptor in a large addressable market and its improving segment mix supported by strong recent results and guidance.
Narrative Update Dec 16

SITM: Precision Timing Gains And Richer Mix Will Support Durable Upside Potential

Analysts have lifted their fair value estimate for SiTime from $275 to $400 per share, citing the company’s strengthening position as a precision timing technology disruptor in a $10B market, along with evidence of sustainable growth supported by a richer segment mix and stronger near term guidance. Analyst Commentary Bullish analysts highlight that the latest fair value increase aligns with a broader reassessment of SiTime's long term earnings power and addressable market opportunity.
Analysis Article Dec 05

Revenues Tell The Story For SiTime Corporation (NASDAQ:SITM) As Its Stock Soars 25%

Despite an already strong run, SiTime Corporation ( NASDAQ:SITM ) shares have been powering on, with a gain of 25% in...
Narrative Update Dec 01

SITM: Precision Timing Demand Will Drive Sustained Momentum Ahead

SiTime’s analyst price target has been raised by $3.57 to $346.88. Analysts cite strong recent results, increased demand for precision timing, and a positive segment mix outlook as factors supporting a higher valuation.
Narrative Update Nov 17

SITM: Segment Mix Improvement Will Drive Long-Term Growth Potential

Analysts have raised their price target for SiTime from $285 to approximately $346, citing strong recent results, improved future guidance, and an enhanced segment mix that is driving sustainable growth prospects. Analyst Commentary Recent commentary from Street analysts highlights both promising strengths and ongoing considerations for SiTime as it continues to demonstrate improved results and guidance.
Narrative Update Nov 01

SITM: Future Device Miniaturization And Steady Revenue Will Sustain Long-Term Value

Analysts have maintained their price target for SiTime at $285.00. This reflects continued confidence in the company's outlook given stable estimates for revenue growth and profit margins.
Narrative Update Oct 18

AI Data Centers And IoT Markets Will Secure Long-Term Value

Narrative Update: SiTime Analyst Price Target Adjustment Analysts have increased their price target for SiTime from $260.71 to $285.00 per share. This change reflects higher projected revenue growth, improved profit margins, and a slightly more favorable discount rate.
Narrative Update Oct 04

AI Data Centers And IoT Markets Will Secure Long-Term Value

Analysts have raised their price target for SiTime from $249.29 to $260.71, citing a modest improvement in projected fair value based on updated financial estimates. What's in the News SiTime launched the Titan Platform, a new family of MEMS resonators that are at least four times smaller than existing quartz options.
Analysis Article Sep 16

SiTime Corporation (NASDAQ:SITM) Looks Just Right With A 26% Price Jump

SiTime Corporation ( NASDAQ:SITM ) shareholders have had their patience rewarded with a 26% share price jump in the...
Analysis Article Jul 21

SiTime Corporation's (NASDAQ:SITM) Price In Tune With Revenues

SiTime Corporation's ( NASDAQ:SITM ) price-to-sales (or "P/S") ratio of 23.9x might make it look like a strong sell...
Analysis Article Jun 24

Companies Like SiTime (NASDAQ:SITM) Can Afford To Invest In Growth

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article May 09

Estimating The Intrinsic Value Of SiTime Corporation (NASDAQ:SITM)

Key Insights The projected fair value for SiTime is US$162 based on 2 Stage Free Cash Flow to Equity SiTime's US$189...
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New Narrative Mar 20

Future High-Bandwidth AI Applications Will Drive Demand For Precision Timing Products In CED Markets

Continued revenue growth driven by strong bookings and innovation in the CED markets and industrial applications.
Seeking Alpha Feb 11

SiTime Corporation: Why There May Be Second Guessing Of The AI Thesis

Summary The latest report from SiTime showed growth remains very fast, but it was not enough to keep the stock from once again selling off in recent weeks. AI was the tailwind that drove a furious rally in the stock, but it appears AI is also the cause behind the recent decline. SITM is priced for fast growth with high multiples, but the possibility growth could falter has increased with recent AI developments. The stock’s decline is caused by the increase in risk, which could continue if AI spending is reduced due to DeepSeek or some other reason. Read the full article on Seeking Alpha
Seeking Alpha Nov 17

SiTime Corporation: Fast Growth Comes At A Steep Price

Summary The latest report from SiTime Corporation pushed the stock to new highs by reporting gains in the top and the bottom line few can match. While growth is impressive, it is very uneven, which brings up the possibility growth could falter like it has before. Multiples are in the stratosphere because of the fast growth expected, but this could become a problem if growth falls off. An argument can be made in favor of long SITM stock, but it needs reminding that SITM has burned bulls before. Read the full article on Seeking Alpha
Seeking Alpha Aug 20

SiTime Corporation: Why The Recovery May Not Yet Be On A Solid Footing

Summary The stock spent years in decline and poor quarterly results led to a new low as recently as April, but SITM has turned it around since then. SITM was affected by a number of recent developments, but the stock seems to be moving upwards with the assistance of a return to fast growth. SITM is expected to grow very fast, and it carries a high valuation accordingly, but the drivers behind the growth may not be what they seem to be. There are definitely arguments in favor of long SITM, but there is also reason to be skeptical about whether the recent improvement can be sustained. Read the full article on Seeking Alpha
Seeking Alpha May 21

SiTime Corporation: Growth Stock In Niche MEMS Timing Market

Summary SiTime Corporation has a small market share in the total DAO market but stands out with its large product breadth and superior performance compared to competitors. The company's revenue declined in 2023, but analyst consensus remains optimistic, forecasting revenue growth of over 25% annually for the next five years. SiTime's actual total addressable market is likely to be less than the estimated TAM of $10 billion, with a more accurate current TAM estimated to be between $5.5-$6.2 billion. While its SOM is even smaller, the company stands out with its product performance and breadth, allowing it to dominate the niche MEMS timing market. Read the full article on Seeking Alpha
Seeking Alpha Mar 06

SiTime Corporation: Growth Outlook Is Not A Sure Thing

Summary SiTime’s latest Form 10-K contained a lot of bad numbers for FY2023, but the outlook sees a return to a CAGR of 30% in the near future. SITM grew extremely fast prior to FY2023, but that track record is up for discussion upon closer examination. Valuations are high for SITM due to the potential for growth, but its track record remains mostly unproven after the five years since the IPO. FY2024 is likely to be better than FY2023, but there is a lot about SITM that should keep people on their toes. Read the full article on Seeking Alpha

CEO Compensation Analysis

How has Rajesh Vashist's remuneration changed compared to SiTime's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

-US$24m

Dec 31 2025US$14mUS$850k

-US$43m

Sep 30 2025n/an/a

-US$71m

Jun 30 2025n/an/a

-US$82m

Mar 31 2025n/an/a

-US$89m

Dec 31 2024US$13mUS$667k

-US$94m

Sep 30 2024n/an/a

-US$95m

Jun 30 2024n/an/a

-US$94m

Mar 31 2024n/an/a

-US$93m

Dec 31 2023US$11mUS$650k

-US$81m

Sep 30 2023n/an/a

-US$62m

Jun 30 2023n/an/a

-US$38m

Mar 31 2023n/an/a

US$624k

Dec 31 2022US$10mUS$650k

US$23m

Sep 30 2022n/an/a

US$45m

Jun 30 2022n/an/a

US$53m

Mar 31 2022n/an/a

US$42m

Dec 31 2021US$11mUS$587k

US$32m

Sep 30 2021n/an/a

US$14m

Jun 30 2021n/an/a

-US$218k

Mar 31 2021n/an/a

-US$8m

Dec 31 2020US$3mUS$587k

-US$9m

Sep 30 2020n/an/a

-US$11m

Jun 30 2020n/an/a

-US$9m

Mar 31 2020n/an/a

-US$9m

Dec 31 2019US$11mUS$489k

-US$7m

Compensation vs Market: Rajesh's total compensation ($USD14.26M) is about average for companies of similar size in the US market ($USD14.67M).

Compensation vs Earnings: Rajesh's compensation has increased whilst the company is unprofitable.


CEO

Rajesh Vashist (67 yo)

18.7yrs
Tenure
US$14,261,046
Compensation

Mr. Rajesh Vashist has been the Chief Executive Officer and President of SiTime Corporation since September 4, 2007 and serves as its Chairman since November 1, 2019. Mr. Vashist served as the President an...


Leadership Team

NamePositionTenureCompensationOwnership
Rajesh Vashist
Chairman18.7yrsUS$14.26m0.76%
$ 125.6m
Elizabeth Howe
Executive VP of Finance & CFO2.5yrsUS$3.08m0.027%
$ 4.4m
Lionel Bonnot
Executive Vice President of Worldwide Sales & Business Development6.8yrsUS$3.89m0.010%
$ 1.7m
Fariborz Assaderaghi
Executive Vice President of Engineering & Operations5.4yrsUS$3.81m0.0018%
$ 301.1k
Piyush Sevalia
Executive VP & Chief Business Officerless than a yearUS$3.81m0.32%
$ 52.5m
Aaron Partridge
Co-Founder21.3yrsno datano data
Markus Lutz
Co-Founder21.3yrsno datano data
Atul Shingal
Executive Vice President of Operations5.4yrsno datano data
Samsheer Ahmad
Senior VP of Finance & Chief Accounting Officer2.3yrsno datano data
Vincent Pangrazio
Executive VP5.9yrsUS$4.55m0.046%
$ 7.6m
David Sweet
Partnerno datano datano data
Danny Flavelle
Partnerno datano datano data
5.7yrs
Average Tenure
59.5yo
Average Age

Experienced Management: SITM's management team is seasoned and experienced (5.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Rajesh Vashist
Chairman18.7yrsUS$14.26m0.76%
$ 125.6m
Torsten Kreindl
Independent Director6.5yrsUS$325.97k0.048%
$ 7.8m
Katherine Schuelke
Independent Director6.5yrsUS$325.97k0.041%
$ 6.8m
Christine Heckart
Independent Director5.1yrsUS$481.12k0.037%
$ 6.1m
Edward Frank
Independent Director6.5yrsUS$313.97k0.047%
$ 7.7m
Ganesh Moorthy
Independent Directorless than a yearUS$446.50kno data
Akira Takata
Director11.5yrsUS$297.97k0.047%
$ 7.8m
Gabriel Rebeiz
Member of Technical Advisory Boardno datano datano data
Masayoshi Esashi
Member of Technical Advisory Boardno datano datano data
John Vig
Member of Technical Advisory Boardno datano datano data
Kofi Makinwa
Member of Technical Advisory Boardno datano datano data
Raman Chitkara
Lead Independent Director6.5yrsUS$345.97k0.077%
$ 12.6m
6.5yrs
Average Tenure
65yo
Average Age

Experienced Board: SITM's board of directors are considered experienced (6.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 09:37
End of Day Share Price 2026/05/07 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

SiTime Corporation is covered by 11 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Thomas O'MalleyBarclays
James SchneiderGoldman Sachs
James SchneiderGoldman Sachs