Roth Capital raised the firm's price target on SiTime to $900 from $450 and keeps a Buy rating on the shares. The companies' above-seasonal Q1 results represented nearly 90% year-to-year growth, boosted by very strong CED - Communications, Enterprise, and Data Center - segment growth, the analyst tells investors in a research note. Roth adds it is encouraged by the breadth of SiTime AI data center content position as well as the diversifying opportunity beyond data center.
