Barclays analyst Tom O’Malley raised the firm’s price target on SiTime (SITM) to $135 from $110 and keeps an Underweight rating on the shares. The company raised its content and revenue outlook due to the higher expected internal modem mix at 30%, but the resulting mix headwind combined with a slower margin recovery leaves Barclays modestly lowering earnings estimates, the analyst tells investors in a research note. The firm points out SiTime is again pushing out its 60% margin target towards 2026.

Protect Your Portfolio Against Market Uncertainty

Discover companies with rock-solid fundamentals in  TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty,  delivered straight to your inbox.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Read More on SITM:

Disclaimer & DisclosureReport an Issue

SiTime reports Q1 EPS 26c vs. (8c) last year SiTime Corporation’s Promising Growth and Revenue Prospects Drive Buy Rating SiTime Corporation Reports Strong Revenue Growth in Q1 2025 SiTime price target lowered to $110 from $180 at Barclays SiTime price target lowered to $180 from $270 at Stifel

View Comments