Loop Capital analyst Gary Mobley initiated coverage of SiTime Corporation (SITM) with a “Buy” rating and a $350 price target, citing the company’s importance in precision timing for system manufacturers. In Q3 2025, SiTime’s net revenue rose to $83.6 million from $57.7 million a year ago, driven by AI growth and adoption of its timing solutions. The company expects rapid growth to continue, with the Communications-Enterprise-Datacenter business leading the way. Despite a loss from operations, SiTime’s gross profit showed strong growth. SiTime designs, develops, and sells silicon timing systems solutions.
Read more at Yahoo Finance: Loop Capital Begins Coverage of SiTime (SITM) Stock
