SITM Price Prediction Next Week
Analysis and Insights
News Impact:
- iPhone 16e Inclusion: SiTime's processors are featured in Apple's iPhone 16e, leading to a 16% stock surge. This partnership underscores SITM's strategic importance and suggests potential future growth with Apple products.
Technical Indicators:
- Price Action: SITM's stock recently crossed above its 200-day moving average, a bullish signal. The stock is trading at $177.79 with a pre-market increase of 3.65%.
- RSI: The 14-period RSI is at 51.71, indicating the stock is not overbought.
- MACD: The MACD is slightly negative but shows signs of a potential bullish crossover.
- Fibonacci Levels: The pivot point is at $166.39, with resistance levels at $181.21 and $190.36.
Analyst Sentiment:
- Wolfe Research maintains an Outperform rating with a $275 price target, citing positive prospects ahead of future iPhone launches.
Volume and Sentiment:
- Rising volume supports the bullish trend, indicating strong investor interest.
Price Prediction and Recommendation
Based on the analysis, SITM is expected to reach $181.21 in the next trading week. The bullish technical indicators and positive news suggest a buy position.
SITM Similar Chart Price Prediction
The price of SITM is predicted to go up 9.85%, based on the high correlation periods with LPCN. The similarity of these two price pattern on the periods is 93.54%.
SITM
LPCN
Up: 9.85%Similarity: 93.54%
SITM Revenue Forecast
SITM EPS Forecast
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SITM Analyst's Forecast
Melissa Fairbanks
Raymond James
Buy
2025-02-06
Price Target
$215 → $250
Upside
+41.79%
Raymond James raised the firm's price target on SiTime to $250 from $215 and keeps an Outperform rating on the shares. The company is back on a solid beat-and-raise cadence, driven by new design wins in high growth markets like datacenter, the analyst tells investors in a research note. SiTime's results continue to show the significant operating leverage in the model, the firm says, adding that it expects SiTime to continue to deliver strong annual growth, with corresponding returns and earnings growth.
Tore Svanberg
Stifel
Strong Buy
2025-02-06
Price Target
$250 → $270
Upside
+53.13%
Tore Svanberg
Stifel
Strong Buy
2025-01-06
Price Target
$230 → $250
Upside
+5.72%
