Symbotic Inc. (SYM)

Market Cap	2.59B
Revenue (ttm)	1.68B
Net Income (ttm)	-17.20M
Shares Out	103.78M
EPS (ttm)	-0.19
PE Ratio	n/a
Forward PE	66.34
Dividend	n/a
Ex-Dividend Date	n/a

Volume	2,265,368
Open	24.92
Previous Close	24.96
Day's Range	24.34 - 26.30
52-Week Range	17.11 - 59.82
Beta	1.82
Analysts	Buy
Price Target	43.23 (+73.27%)
Earnings Date	Jul 29, 2024

About SYM

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. The company was founded in 2006 and is headquartered in Wilmington, Massachusetts.

• Industry: Specialty Industrial Machinery
• Sector: Industrials
• Founded: 2005
• Employees: 1,300
• Stock Exchange: NASDAQ
• Ticker Symbol: SYM
• Website: https://www.symbotic.com

Financial Performance

In 2023, Symbotic's revenue was $1.18 billion, an increase of 98.36% compared to the previous year's $593.31 million. Losses were -$23.87 million, 247.7% more than in 2022.

Analyst Forecast

According to 13 analysts, the average rating for SYM stock is "Buy." The 12-month stock price forecast is $43.23, which is an increase of 73.27% from the latest price.

Price Target

$43.23

(73.27% upside)

Analyst Consensus: Buy