Symbotic (NASDAQ:SYM) Posts Quarterly Earnings Results, Misses Estimates By $0.10 EPS

Key Points

• Quarterly miss: Symbotic reported $0.01 EPS vs. a $0.11 consensus, missing by $0.10 and showing a negative return on equity (1.88%) and a slight negative net margin (0.45%).
• Shares traded higher despite the miss, rising to $61.16 on heavy volume; the company has a market cap of about $36.8 billion and a wide 12‑month trading range of $21.89–$87.88, reflecting high volatility.
• Insiders have been selling recently (155,581 shares worth ~$9.0M in the last 90 days, including a 60,000‑share sale by a director), even as large institutions like JPMorgan and Morgan Stanley materially increased their stakes.

Symbotic (NASDAQ:SYM - Get Free Report) released its earnings results on Wednesday. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.10), Zacks reports. Symbotic had a negative return on equity of 1.88% and a negative net margin of 0.45%.

Symbotic Stock Performance

Shares of NASDAQ:SYM traded up $3.08 during midday trading on Wednesday, reaching $61.16. 3,293,184 shares of the company's stock were exchanged, compared to its average volume of 1,660,323. The company's 50 day simple moving average is $54.70 and its two-hundred day simple moving average is $60.79. The firm has a market capitalization of $36.83 billion, a PE ratio of -611.54, a price-to-earnings-growth ratio of 5.71 and a beta of 2.03. Symbotic has a 12 month low of $21.89 and a 12 month high of $87.88.

Insider Activity at Symbotic

In related news, Director Rollin L. Ford sold 60,000 shares of the stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $57.51, for a total transaction of $3,450,600.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CTO James Kuffner sold 19,729 shares of the stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $59.82, for a total transaction of $1,180,188.78. Following the sale, the chief technology officer owned 179,255 shares of the company's stock, valued at $10,723,034.10. This trade represents a 9.91% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 155,581 shares of company stock worth $8,998,237 in the last ninety days. Company insiders own 8.16% of the company's stock.

Institutional Investors Weigh In On Symbotic

A number of hedge funds have recently made changes to their positions in SYM. JPMorgan Chase & Co. increased its position in shares of Symbotic by 51,346.1% during the 4th quarter. JPMorgan Chase & Co. now owns 2,174,372 shares of the company's stock worth $129,375,000 after purchasing an additional 2,178,615 shares in the last quarter. Morgan Stanley increased its position in shares of Symbotic by 85.4% during the 4th quarter. Morgan Stanley now owns 2,530,874 shares of the company's stock worth $150,587,000 after purchasing an additional 1,165,513 shares in the last quarter. Ghisallo Capital Management LLC acquired a new stake in shares of Symbotic during the 4th quarter worth about $63,034,000. Marshall Wace LLP acquired a new stake in shares of Symbotic during the 4th quarter worth about $33,997,000. Finally, Burkehill Global Management LP acquired a new stake in shares of Symbotic during the 4th quarter worth about $28,262,000.

Key Headlines Impacting Symbotic

Here are the key news stories impacting Symbotic this week:

• Positive Sentiment: Strong Q2 fiscal 2026 results: revenue of $676M (+23% YoY), GAAP net income of $9M (vs. a loss a year ago) and adjusted EBITDA of $78M (more than double year‑ago) — concrete proof of improving margins and cash generation that supports higher valuation. Symbotic Reports Second Quarter Fiscal Year 2026 Results
• Positive Sentiment: Symbotic led a $60M Series C for battery tech firm Nyobolt — a strategic investment that could secure higher‑power, fast‑charging solutions for Symbotic’s robotics fleet and signal management confidence in adjacent tech that enables scale. Nyobolt Closes Series C Round at $1B Valuation
• Positive Sentiment: DA Davidson upgraded SYM to Buy and raised its price target to $70, citing an “AI‑enabled technology moat” and long runway for deployments — analyst upgrades can accelerate flows and sentiment into the stock. DA Davidson Upgrades Symbotic (SYM) to Buy
• Neutral Sentiment: Operational traction: management reported record throughput (over 6.5M cases/day) and disclosed a next‑gen storage structure with early installations expected next calendar year — supports growth but is more execution‑oriented than immediately revenue‑accretive. What Symbotic (SYM)'s Record Throughput And Next-Gen Warehouse Deal Means For Shareholders
• Neutral Sentiment: Insider sale by director Charles Kane: 2,000 shares sold under a pre‑arranged 10b5‑1 plan — small relative to his holdings and likely routine, but may attract short‑term attention. Symbotic NASDAQ: SYM Director Charles Kane Sells 2,000 Shares
• Negative Sentiment: Reminders of prior earnings and profitability risk: earlier quarterly EPS misses and the company remaining near break‑even on margins mean Symbotic’s valuation still depends on sustained margin expansion and order flow. That keeps downside risk if growth slows. SYM Recent Financials (MarketBeat)

Analysts Set New Price Targets

Several research analysts have recently weighed in on SYM shares. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Symbotic in a research report on Tuesday, April 21st. Barclays boosted their target price on shares of Symbotic from $42.00 to $44.00 and gave the stock an "underweight" rating in a research report on Monday, March 16th. Wall Street Zen cut shares of Symbotic from a "buy" rating to a "hold" rating in a research note on Saturday, February 28th. Zacks Research upgraded shares of Symbotic from a "strong sell" rating to a "hold" rating in a research note on Wednesday, February 18th. Finally, The Goldman Sachs Group reiterated a "sell" rating and set a $50.00 target price on shares of Symbotic in a research note on Thursday, January 15th. Seven research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $65.62.

Symbotic Company Profile

Symbotic Inc NASDAQ: SYM is a provider of advanced warehouse automation and robotics systems designed to improve throughput, space utilization and labor productivity in distribution centers and fulfillment operations. The company develops integrated hardware and software solutions that automate the storage, retrieval, sorting and palletizing of goods, positioning itself as a systems integrator for material handling challenges faced by large-scale retailers, wholesalers and third-party logistics providers.

Products and services typically include autonomous robotic vehicles and shuttle systems, automated storage-and-retrieval equipment, robotic picking and palletizing cells, conveyors and sortation, together with control and management software that coordinates fleet operations and inventory flow.

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