SiTime Corporation (SITM) shares tumbled 8.4% to $447.06 as of November 2, 2026, a significant decline from the prior close of $488.08. BestStocks flagged the session as a major change for SITM. Below, we break down what changed for SITM, why it matters for investors, how the stock reacted, and the catalysts on the calendar.
What happened
SITM fell 8.4% to $447.06
SITM tumbled 8.4% in its latest session, moving from $488.08 to $447.06.
RiskMedium confidence
Rel. volume
1.3×
Normal
Vs peers
—
No comparable peers
Market cap
$13.4B
NASDAQ Global Market
Analyst target
$793
+77.5% vs price
Price chart
Oct 2 – Nov 2
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details
What it means for SiTime Corporation investors
For SiTime Corporation investors, the recent signals add up to a bearish shift. Weighing against that: Sharp 8.4% decline — elevated risk; SiTime fell 6.40% to $476.59 in early trading with no confirmed intraday catalyst identified in news or filings. Wall Street's consensus price target sits at $793.33, implying +77.5% upside from $447.06. BestStocks rates the overall signal quality medium (61/100). With earnings roughly 2 days out, the next report is the most likely near-term test of the move.
SITM price reaction
SITM last traded at $447.06, down $41.02 (-8.40%) from the previous close of $488.08. The session traded on 1.3× average volume (normal), so participation was unremarkable. Over the past month the stock has ranged between $447.06 and $711.06, and it currently sits about 0% of the way up that band.
Bullish and bearish analyst opinions on SiTime Corporation (SITM)
The consensus analyst price target on SiTime Corporation (SITM) is $793.33, 77.5% above the recent $447.06. Over the past 90 days analysts logged 0 upgrades, 2 maintains, and 0 downgrades. Here is how the bullish and bearish cases on SITM line up.
▲ The bullish case
+Wall Street's consensus price target of $793.33 implies +77.5% upside from $447.06.
+The Street's most bullish target is $900.00 (+101.3%).
▼ The bearish case
−The most bearish analyst target is $370.00 (-17.2%).
−Sharp 8.4% decline — elevated risk.
−SiTime fell 6.40% to $476.59 in early trading with no confirmed intraday catalyst identified in news or filings.
−SiTime Corporation (SITM) moved -7.80% from $612.38 to $564.59 on 2026-07-16.
Bull vs bear balanceBearish Shift
BearishNeutralBullish
Weighing both sides, BestStocks' composite read of recent signals is bearish, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.
Analyst price targets and ratings are FMP consensus figures as of Nov 2, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.
SiTime Corporation moved +6.31% intraday from $472.14 to $501.95. Cited by Google's AI Overview as a source for SITM's move on 2026-10-19 (investing.com).
SiTime Corporation (SITM) declined 4.45% to $479.26 intraday, despite an established analyst target price raise to $747.00 (per Yahoo Finance). Volume of 207,552 shares at 160 minutes into the session ran at 1.01x the historical average for this time of day — normal flow, suggesting the decline is not driven by unusual selling pressure.
SiTime fell 7.60% to $485.02 amid broad semiconductor sector weakness and profit-taking, compounded by valuation concerns following a 40%-plus year-to-date rally and recent insider selling and analyst downgrades (Zacks Research), according to live web search. Volume elevated at 2.41x historical average at this time of day, signaling accelerated liquidation.
SiTime fell 7.19% to $538.00 as profit-taking pressured the stock amid a broader semiconductor and high-beta tech pullback on October 14, 2026. The web catalyst indicates the decline reflects valuation concerns following SITM's aggressive multi-month rally (52-week high of $901.81) rather than company-specific negative news. Volume remained normal at 0.97x the historical average for this time of day.
Material / Earnings2026-10-13+1.7%
SiTime Corporation (SITM) moved +5.01% from $552.00 to $579.66 on 2026-10-13, bouncing back after a sharp 6.9% drop the prior session. The rebound was driven by dip-buying at lower levels following the October 12 selloff, which had been triggered by broader tech and semiconductor volatility tied to AI bubble concerns and recent analyst downgrades.
SiTime (SITM) fell 6.37% to $603.99, driven by a confluence of stretched valuation concerns (trailing P/E surpassing 1,100), recent analyst downgrades including a Zacks *Hold* rating, and continued insider selling by executives, according to equity research platforms cited by Google's AI Overview. The decline extends a multi-day pullback in the high-flying AI semiconductor stock as investors take profits following its massive rally tied to AI data center demand.
News2026-10-07-6.5%
SiTime scheduled Q3 2026 earnings announcement for November 4, 2026 after market close.
SiTime shares rose 6.17% to $720.75, extending gains fueled by sustained AI infrastructure demand and positive market reception to the completed Renesas timing business acquisition, per Google's AI Overview synthesis of investor relations and financial news sources. Volume at 184,656 shares (0.86x expected for this intraday point) remains normal. Analyst consensus reflects "Strong Buy" ratings with price targets reaching $900.
In-depth SITM event analyses
Permanent, dated analyses of SITM's most significant sessions.
SITM tumbled 8.4% to $447.06. No single company-specific catalyst was confirmed during the move window, and it looks technical.
How much did SITM stock fall?
SITM lost 8.40% ($41.02) versus the prior close of $488.08, last trading at $447.06 on 1.3× average volume.
When is SiTime Corporation's next earnings date?
SITM's next earnings report is estimated for 2026-11-04 — about 2 days away.
What is the analyst price target for SITM?
The consensus analyst price target for SITM is $793.33, about 77.5% above the current $447.06. Over the past 90 days, analysts recorded 0 upgrades, 2 maintains, and 0 downgrades.
How BestStocks tracks SITM
This page is generated automatically by BestStocks' change-detection system after its price and volume cleared SITM-specific materiality thresholds, triggering an evidence check. It draws on 20 tracked change events for SITM, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of November 2, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.