SiTime Corporation (SITM): Analyst Boosts Price Target to $230 Amid Strong Growth in AI and Data Center Markets

Insider Monkey11-19

We recently compiled a list of the 15 AI News Updates Worthy of Investor Attention. In this article, we are going to take a look at where SiTime Corporation (NASDAQ:SITM) stands against the other AI ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2484210899?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/JPpYrSt_m.XTmHFBGwtajw--~B/aD04MTY7dz0xNDU2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/0ee30ec9ad8349ce0b6c8deff9b4f616","is_english":true,"pubTime":"2024-11-19 23:44","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2484210899","market":"us","top_or_hot":-1,"title":"SiTime Corporation (SITM): Analyst Boosts Price Target to $230 Amid Strong Growth in AI and Data Center Markets","media":"Insider Monkey","content":"<div>\n<p>We recently compiled a list of the 15 AI News Updates Worthy of Investor Attention. In this article, we are going to take a look at where SiTime Corporation (NASDAQ:SITM) stands against the other AI ...</p>\n\n<a href=\"https://finance.yahoo.com/news/sitime-corporation-sitm-analyst-boosts-154405695.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SiTime Corporation (SITM): Analyst Boosts Price Target to $230 Amid Strong Growth in AI and Data Center Markets</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSiTime Corporation (SITM): Analyst Boosts Price Target to $230 Amid Strong Growth in AI and Data Center Markets\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-19 23:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/sitime-corporation-sitm-analyst-boosts-154405695.html><strong>Insider Monkey</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We recently compiled a list of the 15 AI News Updates Worthy of Investor Attention. In this article, we are going to take a look at where SiTime Corporation (NASDAQ:SITM) stands against the other AI ...</p>\n\n<a href=\"https://finance.yahoo.com/news/sitime-corporation-sitm-analyst-boosts-154405695.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GOOGL","symbol_name":"谷歌A","start_time":0,"source_url":"https://finance.yahoo.com/news/sitime-corporation-sitm-analyst-boosts-154405695.html","article_id":"2484210899","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/JPpYrSt_m.XTmHFBGwtajw--~B/aD04MTY7dz0xNDU2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/0ee30ec9ad8349ce0b6c8deff9b4f616"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2484210899","pubTimestamp":1732031045,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"We recently compiled a list of the 15 AI News Updates Worthy of Investor Attention.In this article, we are going to take a look at where SiTime Corporation  stands against the other AI stocks that are worthy of investor attention.The advent of artificial intelligence has shaken up the Search business on the internet, a domain where Google has long reigned supreme. With AI models from startups like OpenAI, companies are offering natural language search capabilities to users that are cutting away Google's dominance in the Search market. Latest reports from news publication Bloomberg suggest that Google now faces added pressure with authorities in the US reportedly pushing the firm to spin off its Chrome browser business. The report further claims that authorities are also planning to recommend to a federal judge that Google face antitrust requirements related to AI and its Android mobile operating system.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"GOOGL":"谷歌A","GOOG":"谷歌","SITM":"SiTime Corp"},"translate_title":"SiTime Corporation(SITM)：由于人工智能和数据中心市场强劲增长，分析师将目标价上调至230美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SITM":1,"GOOG":0.9,"GOOGL":0.9},"content_text":"We recently compiled a list of the 15 AI News Updates Worthy of Investor Attention. In this article, we are going to take a look at where SiTime Corporation (NASDAQ:SITM) stands against the other AI stocks that are worthy of investor attention.\nThe advent of artificial intelligence has shaken up the Search business on the internet, a domain where Google has long reigned supreme. With AI models from startups like OpenAI, companies are offering natural language search capabilities to users that are cutting away Google's dominance in the Search market. Latest reports from news publication Bloomberg suggest that Google now faces added pressure with authorities in the US reportedly pushing the firm to spin off its Chrome browser business. The report further claims that authorities are also planning to recommend to a federal judge that Google face antitrust requirements related to AI and its Android mobile operating system.\nRead more about these developments by accessing 10 Best AI Data Center Stocks and 10 Buzzing AI Stocks According to Goldman Sachs.\nThe measures are a byproduct of a multilayer case that the Justice Department has built against Google. The government won the first round in the case earlier this year, which sought to prove that the tech giant has a web search monopoly in the US. In the ruling on this case, federal judge Amit Mehta ruled that Google broke antitrust laws in both online search and search text ads markets. Per the Justice Department, the case against Chrome stems from the fact that the browser is a key access point through which many people use Google Search. Chrome controls about 61% of the browser market in the US, according to web traffic service StatCounter.\nRead more about these developments by accessing 30 Most Important AI Stocks According to BlackRock and Beyond the Tech Giants: 35 Non-Tech AI Opportunities.\nFor this article, we selected AI stocks by combing through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds.\nWhy are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).\n A series of industrial production lines, radiating silicon timing solutions to the world. \nSiTime Corporation (NASDAQ:SITM)\nMarket Capitalization: $4 Billion     \nSiTime Corporation (NASDAQ:SITM) provides silicon timing systems. The firm markets micro-electromechanical systems that are designed to improve performance in data centers, 5G networks, and AI-driven applications. On November 7, Roth MKM analyst Suji Desilva raised the price target on the stock to $230 from $205 and kept a Buy rating on the shares. The company reported an upside in the quarter and guidance with strong growth seen across all key segments, and the advisory expects SiTime's timing content to benefit from outsized data center-related AI infrastructure build outs, the analyst told investors in a research note.\nOverall SITM ranks 15th on our list of the AI stocks that are worthy of investor attention. While we acknowledge the potential of SITM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than SITM but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.   \nREAD NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.   Disclosure: None. This article is originally published at \nInsider Monkey.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2484210899"}