Stifel Raises SiTime (SITM) PT as Edge AI Becomes a Reality for 2026 Earnings

SiTime Corporation (NASDAQ:SITM) is one of the best mid-cap growth stocks to buy right now. On January 16, Stifel raised its price target on SiTime to $400 from $360 and maintained a Buy rating. This was announced as Stifel updated its outlook on the analog and processor sectors, and cited returning appetite for analog components as industry inventories stabilize. While large-scale AI data center spending remains strong, the firm highlights Edge AI as a key catalyst that is finally becoming a reality for 2026 earnings.

Furthermore, on January 15, Barclays analyst Tom O’Malley upgraded SiTime Corporation (NASDAQ:SITM) from Underweight to Equal Weight, raising the price target to $360 from $260.

This rating shift reflected the firm’s previous underestimation of SiTime’s strategic evolution and noted that the company effectively transitioned into a primary AI-focused entity. Barclays highlighted that SiTime possesses substantial operating leverage, as the surge in AI demand acts as a dual catalyst for both accelerated sales growth and expanded profit margins.

SiTime Corporation (NASDAQ:SITM) designs, develops, and sells silicon timing systems solutions in Taiwan, Hong Kong, the US, Singapore, and internationally.

While we acknowledge the potential of SITM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.