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S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Instantly Find Hidden Trade Opportunities (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
With oil prices slumping, OPEC+ producers weigh more production cuts
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Instantly Find Hidden Trade Opportunities (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
With oil prices slumping, OPEC+ producers weigh more production cuts
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Instantly Find Hidden Trade Opportunities (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
With oil prices slumping, OPEC+ producers weigh more production cuts
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Las Vegas ballpark pitch revives debate over public funding for sports stadiums

Symbotic (SYM) Stock Forecast, Price & News

$33.44
-2.42 (-6.75%)
(As of 06/2/2023 ET)
Compare
Today's Range
$32.90
$36.47
50-Day Range
$20.94
$37.54
52-Week Range
$8.75
$37.56
Volume
607,928 shs
Average Volume
611,533 shs
Market Capitalization
$18.57 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$28.77

Symbotic MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.92 Rating Score
Upside/​Downside
14.0% Downside
$28.77 Price Target
Short Interest
Bearish
5.50% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.48mentions of Symbotic in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$1.60 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.28) to $0.17 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.81 out of 5 stars

Business Services Sector

225th out of 337 stocks

General Industrial Machinery, Industry

6th out of 11 stocks


SYM stock logo

About Symbotic (NASDAQ:SYM) Stock

Symbotic 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.

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SYM Stock News Headlines

MarketBeat Week in Review – 5/29 - 6/2 (SYM)
The markets ended the week with a sharp rally, but the S&P 500 is now near a key resistance level as investors wait for the Fed and upcoming inflation readings.
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
Symbotic's AI-powered warehouse robotics platform is driving impressive gains as major retailers embrace automated technology for more efficient operations.
"How war impacts the stock market"
Russia's invasion of Ukraine has already sent the stock market down 10%. But that's just the opening act for the new Russia-China Alliance. There's a major event involving China that's heating up... and it could boil over as soon as April 16th, 2023. Click Here to Learn How to Protect Your Retirement
2 Tech Stocks With Upgrades and Positive Outlook
These technology companies are harnessing the power of AI to help retailers gain efficiency and unlock sales globally. Analysts are upgrading them both.
Symbotic (NASDAQ: SYM)
Analysts Set Symbotic Inc. (NASDAQ:SYM) PT at $28.77
15 A.I. Trading Opportunities a Day
Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.
16 Analysts Have This to Say About Symbotic
Symbotic (NASDAQ:SYM) PT Raised to $36.00
Goldman Sachs Remains a Hold on Symbotic (SYM)
See More Headlines

SYM Price History

SYM Company Calendar

Last Earnings
5/01/2023
Today
6/04/2023
Next Earnings (Estimated)
8/07/2023
Fiscal Year End
9/30/2023

Industry, Sector and Symbol

Industry
General industrial machinery,
Sub-Industry
N/A
Current Symbol
NASDAQ:SYM
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$28.77
High Stock Price Forecast
$36.00
Low Stock Price Forecast
$14.00
Forecasted Upside/Downside
-14.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.92
Research Coverage
12 Analysts

Profitability

Net Income
$-79,000,000.00
Pretax Margin
-23.43%

Debt

Sales & Book Value

Annual Sales
$593.31 million
Cash Flow
$0.00 per share
Book Value
$0.04 per share

Miscellaneous

Free Float
327,721,000
Market Cap
$18.57 billion
Optionable
Not Optionable
Beta
1.31

Key Executives

  • Mr. Richard B. Cohen (Age 69)
    Chairman & CEO
  • Mr. Thomas C. Ernst Jr. (Age 54)
    CFO & Treasurer
    Comp: $630.52k
  • Mr. Michael Dunn (Age 50)
    VP of Sales, Marketing & Product Strategy
    Comp: $711.6k
  • Mr. Santhosh P. Daniel (Age 52)
    VP, Controller & Principal Accounting Officer
  • Mr. George Dramalis
    Chief Technology Officer
  • Mr. Corey C. DuFresne (Age 52)
    VP, Gen. Counsel & Sec.
  • Ms. Miriam Ort
    Chief HR Officer
  • Mr. Bill Boyd III
    Chief Strategy Officer













SYM Stock - Frequently Asked Questions

Should I buy or sell Symbotic stock right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Symbotic in the last year. There are currently 1 hold rating and 11 buy ratings for the stock. The consensus among Wall Street equities 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 equities research analysts have issued 12-month price targets for Symbotic's shares. Their SYM share price forecasts range from $14.00 to $36.00. On average, they anticipate the company's share price to reach $28.77 in the next year. This suggests that the stock has a possible downside of 14.0%.
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 the year. Since then, SYM stock has increased by 180.1% and is now trading at $33.44.
View the best growth stocks for 2023 here
.

Are investors shorting Symbotic?

Symbotic saw a increase in short interest in 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 daily volume of 642,100 shares, the days-to-cover ratio is currently 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) released its earnings results on Monday, May, 1st. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by $0.04. The business earned $266.85 million during 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%. Symbotic's revenue for the quarter was up 177.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($5.61) EPS.

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 variety of institutional and retail 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 $33.44.

How much money does Symbotic make?

Symbotic (NASDAQ:SYM) has a market capitalization of $18.57 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 6/4/2023 by MarketBeat.com Staff

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