Symbotic (SYM) Expected to Announce Earnings on Wednesday

Symbotic (NASDAQ:SYM - Get Free Report) is expected to issue its Q2 2025 quarterly earnings data after the market closes on Wednesday, May 7th. Analysts expect Symbotic to post earnings of $0.05 per share and revenue of $522.36 million for the quarter. Symbotic has set its Q2 2025 guidance at EPS.

Symbotic (NASDAQ:SYM - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The company reported ($0.03) earnings per share for the quarter, beating analysts' consensus estimates of ($0.04) by $0.01. Symbotic had a positive return on equity of 5.11% and a negative net margin of 0.38%. On average, analysts expect Symbotic to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Symbotic Price Performance

NASDAQ:SYM traded up $0.29 during midday trading on Monday, reaching $23.35. The stock had a trading volume of 376,189 shares, compared to its average volume of 1,930,417. The stock has a market capitalization of $13.74 billion, a P/E ratio of -334.01, a PEG ratio of 6.48 and a beta of 1.86. Symbotic has a 1-year low of $16.32 and a 1-year high of $48.98. The firm's fifty day simple moving average is $21.20 and its 200-day simple moving average is $25.90.

Insider Activity at Symbotic

In other news, CFO Carol J. Hibbard sold 4,055 shares of the firm's stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $30.70, for a total transaction of $124,488.50. Following the completion of the sale, the chief financial officer now owns 44,386 shares of the company's stock, valued at approximately $1,362,650.20. This trade represents a 8.37 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Todd Krasnow sold 2,000 shares of Symbotic stock in a transaction that occurred on Friday, April 4th. The shares were sold at an average price of $17.51, for a total transaction of $35,020.00. Following the completion of the transaction, the director now owns 194,036 shares of the company's stock, valued at $3,397,570.36. This trade represents a 1.02 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 70,721 shares of company stock valued at $1,772,384 in the last 90 days. 0.60% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Oppenheimer initiated coverage on Symbotic in a research report on Wednesday, January 15th. They set an "outperform" rating and a $35.00 price objective for the company. Northland Securities upped their price target on Symbotic from $35.00 to $41.00 and gave the stock an "outperform" rating in a report on Friday, January 17th. Cantor Fitzgerald reissued an "overweight" rating and issued a $60.00 price objective on shares of Symbotic in a research report on Thursday, February 6th. DA Davidson upgraded shares of Symbotic from a "neutral" rating to a "buy" rating and set a $35.00 target price for the company in a research note on Wednesday, January 8th. Finally, Needham & Company LLC decreased their price target on shares of Symbotic from $35.00 to $32.00 and set a "buy" rating on the stock in a research report on Thursday, February 6th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $37.20.

About Symbotic

Symbotic Inc, an automation technology company, engages in developing technologies to improve operating efficiencies in modern warehouses. The company automates the processing of pallets and cases in large warehouses or distribution centers for retail companies. Its systems enhance operations at the front end of the supply chain.