14 Best Mid-Cap Growth Stocks to Buy Right Now

Page 4 of 13

10. SiTime Corporation (NASDAQ:SITM)

Number of Hedge Fund Holders: 35

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.

Page 4 of 13