35 Trending AI Stocks on Latest News and Analyst Ratings

32. SiTime Corporation (NASDAQ:SITM)

Number of Hedge Fund Holders: 18     

SiTime 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. Barclays analyst Tom O’Malley recently downgraded the stock to Underweight from Equal Weight with an unchanged price target of $90. The advisory said SiTime was one of the more expensive names in its coverage with estimates likely still too high for 2025. Barclays agreed that a recovery from the pandemic correction was underway, but struggled to see how the stock’s valuation at these levels made sense. SiTime has admitted to broadening its sales pipeline to more multi-sourced opportunities, which will pressure gross margins into next year, the advisory told investors in a research note.