Top-Rated StocksTop-RatedMost-Upgraded StocksMost-UpgradedNASDAQ:SYM Symbotic (SYM) Stock Forecast, Price & News $33.44 -2.42 (-6.75%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$32.90▼$36.4750-Day Range$20.94▼$37.5452-Week Range$8.75▼$37.56Volume607,498 shsAverage Volume538,419 shsMarket Capitalization$18.57 billionP/E RatioN/ADividend YieldN/APrice Target$28.77 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Symbotic MarketRank™ ForecastAnalyst RatingModerate Buy2.92 Rating ScoreUpside/Downside14.0% Downside$28.77 Price TargetShort InterestBearish5.50% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.68Based on 8 Articles This WeekInsider TradingSelling Shares$1.60 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.28) to $0.17 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.88 out of 5 starsBusiness Services Sector259th out of 339 stocksGeneral Industrial Machinery, Industry6th out of 11 stocks 2.5 Analyst's Opinion Consensus RatingSymbotic has received a consensus rating of Buy. The company's average rating score is 2.92, and is based on 11 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $28.77, Symbotic has a forecasted downside of 14.0% from its current price of $33.44.Amount of Analyst CoverageSymbotic has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.50% of the float of Symbotic has been sold short.Short Interest Ratio / Days to CoverSymbotic has a short interest ratio ("days to cover") of 5.3.Change versus previous monthShort interest in Symbotic has recently increased by 21.15%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldSymbotic does not currently pay a dividend.Dividend GrowthSymbotic does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SYM. Previous Next 3.2 News and Social Media Coverage News SentimentSymbotic has a news sentiment score of 0.68. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.45 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Symbotic this week, compared to 4 articles on an average week.Search InterestOnly 9 people have searched for SYM on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.MarketBeat Follows18 people have added Symbotic to their MarketBeat watchlist in the last 30 days. This is an increase of 157% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Symbotic insiders have sold 707.47% more of their company's stock than they have bought. Specifically, they have bought $197,600.00 in company stock and sold $1,595,551.00 in company stock.Percentage Held by Insiders41.00% of the stock of Symbotic is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions57.76% of the stock of Symbotic is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Symbotic are expected to grow in the coming year, from ($0.28) to $0.17 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Symbotic is -95.54, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Symbotic is -95.54, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSymbotic has a P/B Ratio of 836.00. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Symbotic (NASDAQ:SYM) StockSymbotic Inc., an automation technology company, provides robotics and technology to improve efficiency for retailers and wholesalers in the United States. The company offers Symbotic system, an end-to-end warehouse automation system for product distribution. It also designs, assemblies, and installs modular inventory management systems and performs configuration of embedded software. Symbotic Inc. is headquartered in Wilmington, Massachusetts.Read More Receive SYM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Symbotic and its competitors with MarketBeat's FREE daily newsletter. Email Address SYM Stock News HeadlinesJune 2, 2023 | marketbeat.comSymbotic AI Robots Disrupt Warehouse Industry, Stock Price SoarsSymbotic's AI-powered warehouse robotics platform is driving impressive gains as major retailers embrace automated technology for more efficient operations.May 23, 2023 | marketbeat.com2 Tech Stocks With Upgrades and Positive OutlookThese technology companies are harnessing the power of AI to help retailers gain efficiency and unlock sales globally. Analysts are upgrading them both.June 2, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.June 1, 2023 | msn.comChart of the Day: Symbotic - Very Mixed OpinionsMay 29, 2023 | americanbankingnews.comAnalysts Set Symbotic Inc. (NASDAQ:SYM) PT at $28.77May 28, 2023 | americanbankingnews.comInsider Selling: Symbotic Inc. (NASDAQ:SYM) Insider Sells $1,036,200.00 in StockMay 27, 2023 | americanbankingnews.comDA Davidson Raises Symbotic (NASDAQ:SYM) Price Target to $36.00May 26, 2023 | msn.comSymbotic: Larger Market With Good Margin Outlook (Rating Downgrade)June 2, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.May 26, 2023 | msn.comSymbotic: Larger Market With Good Margin Outlook (Rating Downgrade)May 26, 2023 | finance.yahoo.comSymbotic Stock Marches Higher On Robotic Warehouse Expansion PlansMay 26, 2023 | americanbankingnews.comNorthland Capmk Brokers Increase Earnings Estimates for Symbotic Inc. (NASDAQ:SYM)May 25, 2023 | msn.comDA Davidson Maintains Symbotic Inc - (SYM) Buy RecommendationMay 25, 2023 | msn.comNeedham Maintains Symbotic Inc - (SYM) Buy RecommendationMay 25, 2023 | msn.comGoldman Sachs Maintains Symbotic Inc - (SYM) Neutral RecommendationMay 25, 2023 | americanbankingnews.comSymbotic Inc. (NASDAQ:SYM) Expected to Earn Q2 2024 Earnings of $0.06 Per ShareMay 25, 2023 | americanbankingnews.comSymbotic (NASDAQ:SYM) Hits New 1-Year High After Analyst UpgradeMay 24, 2023 | markets.businessinsider.com16 Analysts Have This to Say About SymboticMay 24, 2023 | msn.comDeutsche Bank Maintains Symbotic Inc - (SYM) Buy RecommendationMay 24, 2023 | americanbankingnews.comSymbotic Inc. (NASDAQ:SYM) Expected to Post Q3 2023 Earnings of ($0.01) Per ShareMay 24, 2023 | americanbankingnews.comSymbotic (NASDAQ:SYM) PT Raised to $36.00May 24, 2023 | americanbankingnews.comSymbotic (NASDAQ:SYM) PT Raised to $35.00 at Northland SecuritiesMay 23, 2023 | markets.businessinsider.comGoldman Sachs Remains a Hold on Symbotic (SYM)May 23, 2023 | americanbankingnews.comSymbotic Inc. to Post FY2025 Earnings of $0.44 Per Share, Northland Capmk Forecasts (NASDAQ:SYM)May 23, 2023 | msn.comBaird Maintains Symbotic Inc - (SYM) Outperform RecommendationMay 23, 2023 | msn.comWilliam Blair Reiterates Symbotic Inc - (SYM) Outperform RecommendationMay 22, 2023 | americanbankingnews.comWilliam Blair Initiates Coverage on Symbotic (NASDAQ:SYM)See More Headlines SYM Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SYM Company Calendar Last Earnings5/01/2023Today6/02/2023Next Earnings (Estimated)8/07/2023Fiscal Year End9/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry General industrial machinery, Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:SYM CUSIPN/A CIK1837240 Webwww.symbotic.com Phone978-284-2800FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Forecast$28.77 High Stock Price Forecast$36.00 Low Stock Price Forecast$14.00 Forecasted Upside/Downside-13.1%Consensus RatingModerate Buy Rating Score (0-4)2.92 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)($0.35) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-79,000,000.00 Net Margins-2.26% Pretax Margin-23.43% Return on Equity-78.17% Return on Assets-5.64% Debt Debt-to-Equity RatioN/A Current Ratio1.02 Quick Ratio0.85 Sales & Book Value Annual Sales$593.31 million Price / Sales30.99 Cash Flow$0.00 per share Price / Cash Flow99,965.38 Book Value$0.04 per share Price / Book827.50Miscellaneous Outstanding Shares555,460,000Free Float327,721,000Market Cap$18.39 billion OptionableNot Optionable Beta1.30 Key ExecutivesMr. Richard B. Cohen (Age 69)Chairman & CEO Mr. Thomas C. Ernst Jr. (Age 54)CFO & Treasurer Comp: $630.52kMr. Michael Dunn (Age 50)VP of Sales, Marketing & Product Strategy Comp: $711.6kMr. Santhosh P. Daniel (Age 52)VP, Controller & Principal Accounting Officer Mr. George DramalisChief Technology OfficerMr. Corey C. DuFresne (Age 52)VP, Gen. Counsel & Sec. Ms. Miriam OrtChief HR OfficerMr. Bill Boyd IIIChief Strategy OfficerMore ExecutivesKey CompetitorsRentokil InitialNYSE:RTOOmnicom GroupNYSE:OMCBroadridge Financial SolutionsNYSE:BRFLEETCOR TechnologiesNYSE:FLTAptivNYSE:APTVView All CompetitorsInsiders & InstitutionsMichael David DunnSold 30,000 sharesTotal: $1.04 M ($34.54/share)Legato Capital Management LLCSold 7,811 shares on 5/25/2023Ownership: 0.007%Michael David DunnSold 11,080 sharesTotal: $355,889.60 ($32.12/share)Royce & Associates LPSold 23,000 shares on 5/23/2023Ownership: 0.007%New York State Common Retirement FundSold 9,206 shares on 5/18/2023Ownership: 0.009%View All Insider TransactionsView All Institutional Transactions SYM Stock - Frequently Asked Questions Should I buy or sell Symbotic stock right now? 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Symbotic in the last twelve months. There are currently 1 hold rating and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SYM shares. View SYM analyst ratings or view top-rated stocks. What is Symbotic's stock price forecast for 2023? 12 brokers have issued 12 month price targets for Symbotic's stock. Their SYM share price forecasts range from $14.00 to $36.00. On average, they predict the company's share price to reach $28.77 in the next year. This suggests that the stock has a possible downside of 13.1%. View analysts price targets for SYM or view top-rated stocks among Wall Street analysts. How have SYM shares performed in 2023? Symbotic's stock was trading at $11.94 at the beginning of 2023. Since then, SYM stock has increased by 177.2% and is now trading at $33.10. View the best growth stocks for 2023 here. Are investors shorting Symbotic? Symbotic saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 3,380,000 shares, an increase of 21.1% from the April 30th total of 2,790,000 shares. Based on an average trading volume of 642,100 shares, the days-to-cover ratio is presently 5.3 days. Currently, 5.5% of the company's shares are short sold. View Symbotic's Short Interest. When is Symbotic's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 7th 2023. View our SYM earnings forecast. How were Symbotic's earnings last quarter? Symbotic Inc. (NASDAQ:SYM) issued its quarterly earnings results on Monday, May, 1st. The company reported ($0.10) earnings per share for the quarter, missing analysts' consensus estimates of ($0.06) by $0.04. The business had revenue of $266.85 million for the quarter, compared to the consensus estimate of $224.82 million. Symbotic had a negative trailing twelve-month return on equity of 78.17% and a negative net margin of 2.26%. The company's revenue for the quarter was up 177.2% compared to the same quarter last year. During the same period in the prior year, the business posted ($5.61) EPS. What ETFs hold Symbotic's stock? ETFs with the largest weight of Symbotic (NASDAQ:SYM) stock in their portfolio include Invesco DWA Financial Momentum ETF (PFI), ROBO Global Robotics & Automation ETF (ROBO), Global X Robotics & Artificial Intelligence Thematic ETF (BOTZ), First Trust US Equity Opportunities ETF (FPX).AAM Transformers ETF (TRFM), What guidance has Symbotic issued on next quarter's earnings? Symbotic issued an update on its third quarter 2023 earnings guidance on Monday, May, 1st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $245.00 million-$265.00 million, compared to the consensus revenue estimate of $253.93 million. What is Symbotic's stock symbol? Symbotic trades on the NASDAQ under the ticker symbol "SYM." Who are Symbotic's major shareholders? Symbotic's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Softbank Group CORP. (3.96%), Frontier Capital Management Co. LLC (0.19%), Navis Wealth Advisors LLC (0.16%), Exchange Traded Concepts LLC (0.11%), Mirae Asset Global Investments Co. Ltd. (0.10%) and BlackRock Inc. (0.09%). Insiders that own company stock include Michael David Dunn and Rollin L Ford. View institutional ownership trends. How do I buy shares of Symbotic? Shares of SYM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Symbotic's stock price today? One share of SYM stock can currently be purchased for approximately $33.10. How much money does Symbotic make? Symbotic (NASDAQ:SYM) has a market capitalization of $18.39 billion and generates $593.31 million in revenue each year. The company earns $-79,000,000.00 in net income (profit) each year or ($0.35) on an earnings per share basis. How can I contact Symbotic? Symbotic's mailing address is 1 CIRCLE STAR WAY, SAN CARLOS CA, 94070. The official website for the company is www.symbotic.com. The company can be reached via phone at 978-284-2800 or via email at ir@symbotic.com. This page (NASDAQ:SYM) was last updated on 6/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Symbotic Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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