SiTime surges after big Q2 2026 guidance raise and stronger 2026 outlook
SiTime shares jumped after the company issued sharply higher Q2 2026 guidance, including revenue of $140–$150 million and EPS of $1.85–$2.00. On its Q1 earnings call, SiTime also raised its 2026 revenue growth outlook to at least 80%.
1) What happened today (May 7, 2026)
SiTime disclosed updated Q2 2026 guidance that was materially above prior expectations, with revenue forecast at $140–$150 million and EPS at $1.85–$2.00. The magnitude of the guide-up provided a clear same-day catalyst for the stock’s sharp move higher.
2) Why it matters
A guidance step-up of this size typically forces investors to re-rate near-term earnings power and revise forward models immediately. The guidance update also reinforced that demand drivers discussed around Q1 results are translating into stronger near-term financial performance.
3) Additional context from the Q1 earnings call
On the Q1 earnings call highlights published today, SiTime indicated it raised its 2026 revenue growth guidance to at least 80% and reiterated Q2 revenue expectations in the $140–$150 million range. This supported the view that the guide-up is not a one-quarter anomaly but tied to a stronger 2026 trajectory.