Symbotic Inc. (SYM)
Market Cap | 4.45B |
Revenue (ttm) | 1.50B |
Net Income (ttm) | -19.06M |
Shares Out | 95.66M |
EPS (ttm) | -0.24 |
PE Ratio | n/a |
Forward PE | 708.30 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 3,982,478 |
Open | 46.99 |
Previous Close | 41.94 |
Day's Range | 42.22 - 48.08 |
52-Week Range | 23.58 - 64.14 |
Beta | 1.92 |
Analysts | Buy |
Price Target | 56.00 (+20.43%) |
Earnings Date | May 6, 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. [Read more]
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.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for SYM stock is "Buy." The 12-month stock price forecast is $56.0, which is an increase of 20.43% from the latest price.
News
Symbotic Reports Second Quarter Fiscal Year 2024 Results
WILMINGTON, Mass., May 06, 2024 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.
Symbotic stock price forecast: brace for SYM volatility
Symbotic (NASDAQ: SYM) stock price has done as I predicted a few months ago. In my article in February, I estimated that it would drop to about $39.40, which happened in April.
Symbotic to Stream Investor Day Webcast on May 9, 2024
WILMINGTON, Mass., April 16, 2024 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.
Symbotic Announces Date for Reporting Second Quarter Fiscal 2024 Financial Results
WILMINGTON, Mass., April 16, 2024 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.
Symbotic Announces Pricing of Primary and Secondary Offering of Class A Common Stock
WILMINGTON, Mass., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced the pricing of its previously annou...
Symbotic Announces Primary and Secondary Offering of Class A Common Stock
WILMINGTON, Mass., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.
Symbotic projects second-quarter core earnings below estimates
Walmart-backed warehouse automation company Symbotic projected second-quarter core earnings below Wall Street estimates on Monday, sending its shares down 18% in trading after the bell.
Symbotic Reports First Quarter Fiscal Year 2024 Results
WILMINGTON, Mass., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.
Symbotic (SYM) stock analysis: priced for perfection ahead of earnings
Symbotic (NASDAQ: SYM) stock price has done well in the past few months, making it one of the best-performing companies in Wall Street. The shares jumped by more than 480% from its lowest point in 202...
Symbotic Announces Date for Reporting First Quarter Fiscal 2024 Financial Results
WILMINGTON, Mass., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.
Up 325% In 2023, Symbotic Stock Has Much More Running Room
Rick Cohen strikes me as a business genius. He has been proving this since 1989 when he took over his family's privately-held grocery wholesaler, C&S Wholesale, which has since grown from $50 million ...
Buy Symbotic Inc. stock to take your slice of the growing AI industry
Symbotic Inc. (NASDAQ:SYM) soared more than 40% in a single day following favourable stock market news. Having closed at $37 on Monday, the share price rose to $52 by the time of presenting this analy...
Walmart-Backed AI Warehouse Tech Company Symbotic Reports Record Revenue; Shares Soar 40%
Shares of Walmart (WMT) and Softbank-backed maker of warehouse automation systems Symbotic (SYM) jumped more than 40% Tuesday after reporting record revenue as the company improved margins and deploye...
Symbotic Reports 2023 Results with Record Revenue and Improved Margin as Deployments Accelerated
WILMINGTON, Mass., Nov. 20, 2023 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced financial results for its fourth q...
Southern Glazer's Wine & Spirits and Symbotic Announce Agreement to Implement Industry-Leading Warehouse Automation Systems
Southern Glazer's entered into a strategic agreement and intend to deploy Symbotic's A.I.-powered software and robotics warehouse automation systems.
Symbotic Announces Tom Ernst's Retirement and Names Chief Financial Officer
WILMINGTON, Mass., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.
Symbotic Has No Margin of Safety
Symbotic Inc. ( SYM , Financial) is an American company that specializes in automation technology used in supply chain operations. The company uses artificial intelligence and robotics to create a sys...
Symbotic Reports Third Quarter Fiscal Year 2023 Results
Achieved Record Revenue and Operating Margin Cash, Cash Equivalents, Restricted Cash and Marketable Securities Reach $513 Million GreenBox Joint Venture Doubles Addressable Market & Increases Order Ba...
Symbotic Announces Date for Reporting Third Quarter Fiscal 2023 Financial Results
WILMINGTON, Mass., July 25, 2023 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced it will release its third quarter f...
SoftBank and Symbotic team to offer automated warehouses as a service
When it comes to retail, it's Amazon versus the world. That's been true for a long time and will continue to be so for the foreseeable future.
SoftBank Group and Symbotic Establish New Warehouse-as-a-Service Joint Venture To Transform Supply Chain Services Through Automation and A.I.
TOKYO & WILMINGTON, Mass.--(BUSINESS WIRE)--SoftBank Group Corp. (TSE: 9984, “SoftBank”) and Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-powered automation technology for the supply chain, today ann...
Associated Food Stores and Symbotic Announce Agreement to Implement Industry-Leading Warehouse Automation System
Robotic case-picking system to improve Associated Food Stores' supply chain capabilities and retailer experiences Distribution center transformation to increase efficiency and reduce costs Technology ...
Symbotic Reports Second Quarter Fiscal 2023 Results
Revenue Growth Accelerates to 177% Year-Over-Year Reached Significant Outsourcing and Resource Rationalization Milestones Initiated Seven New System Deployments WILMINGTON, Mass., May 01, 2023 (GLOBE ...
Symbotic Announces Date for Reporting Second Quarter Fiscal 2023 Financial Results
WILMINGTON, Mass., April 24, 2023 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced it will release its second quarter...