Aug. 6 at 7:26 PM
$SITM is becoming one of the most interesting AI infrastructure plays that many investors still haven’t fully priced in.
SiTime delivered a huge Q2 report with revenue of
$157.4M vs
$147M expected, up 126.5% YoY and 38.6% QoQ. EPS came in at
$2.34 vs
$1.95 expected, up 397.9% YoY. Q3 guidance was the real standout, with revenue expected at
$285M to
$295M and EPS of
$3.50 to
$3.65, far above Wall Street estimates.
The company is benefiting from AI data centers, robotics, drones, defense, and next generation computing. Its precision timing technology is becoming more important as systems become faster and more complex.
Major firms raised price targets, with Goldman moving to
$900 and Barclays and Needham to
$850.
The next opportunity may not be the loudest one. I’ll keep looking at the setups, earnings, and key levels others may miss. Click my homepage for more market insights and watchlist updates.
