SiTime stock reports 127 percent Q2 revenue growth after beat

Published on 10/06/2026 at 14:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SiTime stock posted USD 157.43 million in Q2 revenue, up 126.5 percent year over year. Twelve firms hold a Buy consensus with a USD 717.78 target.

SITM, US82982T1060, Illustration mit AI erstellt.

SiTime Corporation (ISIN US82982T1060) was last at USD 710.04 on Nasdaq on October 5, 2026, while its Q2 2026 revenue reached USD 157.43 million, up 126.5 percent year over year. The latest reported quarter also delivered non-GAAP EPS of USD 2.34 against a USD 1.95 consensus estimate, according to MarketBeat in its September 25, 2026 report.

Revenue expands after the Renesas deal

The Q2 figure marks a sharp change from the prior-year comparison, when SiTime reported USD 0.47 in EPS, while the latest quarter produced USD 18.16 million in net income. The finance statement for Q2 2026 also shows operating profit of USD 8.22 million and operating cash flow of USD 39.77 million.

The growth picture includes the Timing Products Division acquired from Renesas. Zacks reported on September 4, 2026 that communications, enterprise and data center revenue rose 181 percent and exceeded USD 100 million in Q2, while automotive, industrial and aerospace and defense revenue reached USD 24.8 million, up 51 percent year over year.

Analysts see limited target upside

MarketBeat says 12 research firms carry a Buy consensus, with an average 12-month price target of USD 717.78. That target is 1.1 percent above the October 5 price, leaving the consensus only modestly higher than the latest Nasdaq quote.

Recent coverage also shows a wide range of views. UBS lifted its target from USD 775.00 to USD 840.00 on August 6, 2026, while Morgan Stanley began coverage with an Overweight rating and a USD 370.00 target on September 17, 2026, according to MarketBeat.

Stock remains far below its yearly high

SITM's October 5 quote stood 21.3 percent below its 52-week high of USD 901.81 and 191.3 percent above its 52-week low of USD 243.68. The same session showed a daily gain of 0.08 percent, with volume of 258,622 shares and a market capitalization of USD 18.7 billion.

SiTime's investor page identifies the August 5, 2026 Q2 release as the company's latest financial-results announcement and describes its silicon timing portfolio across communications, enterprise, automotive, industrial and aerospace applications. The combination of 126.5 percent revenue growth and a consensus target just 1.1 percent above the latest quote puts execution against the Q3 outlook at the center of the stock's next valuation test.