Symbotic Inc. (SYM)

NASDAQ: SYM · Real-Time Price · USD
24.47
-1.62 (-6.21%)
At close: Feb 21, 2025, 4:00 PM
24.78
+0.31 (1.27%)
After-hours: Feb 21, 2025, 7:49 PM EST
-6.21%
Market Cap 14.40B
Revenue (ttm) 1.91B
Net Income (ttm) -14.13M
Shares Out 588.39M
EPS (ttm) -0.14
PE Ratio n/a
Forward PE 80.28
Dividend n/a
Ex-Dividend Date n/a
Volume 1,607,288
Open 26.17
Previous Close 26.09
Day's Range 24.43 - 26.61
52-Week Range 17.11 - 50.41
Beta 1.80
Analysts Buy
Price Target 39.73 (+62.36%)
Earnings Date Feb 5, 2025

About SYM

Symbotic Inc., an automation technology company, develops technologies to enhance 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 is headquartered in Wilmington, Massachusetts. [Read more]

Sector Industrials
Founded 2005
Employees 1,300
Stock Exchange NASDAQ
Ticker Symbol SYM
Full Company Profile

Financial Performance

In 2024, Symbotic's revenue was $1.79 billion, an increase of 51.94% compared to the previous year's $1.18 billion. Losses were -$13.49 million, -43.48% less than in 2023.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for SYM stock is "Buy." The 12-month stock price forecast is $39.73, which is an increase of 62.36% from the latest price.

Price Target
$39.73
(62.36% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Symbotic: Organic Growth Headwinds Mounting

Symbotic's Q1 results and forward guidance were disappointing, with stagnant system deployments and backlog as particular points of concern. Symbotic's revenue is extremely concentrated, and the recen...

14 days ago - Seeking Alpha

Symbotic, Inc. (SYM) Q1 2025 Earnings Call Transcript

Symbotic, Inc. (NASDAQ:SYM) Q1 2025 Results Conference Call February 5, 2025 5:00 PM ET Company Participants Charlie Anderson - Vice President, Investor Relations Rick Cohen - Chairman and Chief Exec...

16 days ago - Seeking Alpha

Symbotic Reports First Quarter Fiscal Year 2025 Results

WILMINGTON, Mass., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, announced financial results for its first fiscal qu...

16 days ago - GlobeNewsWire

Final Deadline for the Symbotic Inc. Securities Lawsuit - Contact the DJS Law Group to Discuss Your Rights - SYM

LOS ANGELES , Feb. 4, 2025 /PRNewswire/ --  The DJS Law Group reminds investors of a class action lawsuit against Symbotic Inc. ("Symbotic" or "the Company") (NASDAQ: SYM) for violations of the federa...

17 days ago - PRNewsWire

SYM Investors Have Opportunity to Join Symbotic Inc. Securities Fraud Investigation with the Schall Law Firm

LOS ANGELES--(BUSINESS WIRE)--SYM Investors Have Opportunity to Lead Symbotic Inc. Securities Fraud Lawsuit with the Schall Law Firm.

18 days ago - Business Wire

Symbotic (SYM) Restates Financials, Faces Scrutiny Amid Accounting Concerns – Hagens Berman

SYM Investors with Losses Encouraged to Contact the Firm Before Feb. 3rd, 2025 Deadline SYM Investors with Losses Encouraged to Contact the Firm Before Feb. 3rd, 2025 Deadline

22 days ago - GlobeNewsWire

DEADLINE NEXT WEEK: Berger Montague Advises Symbotic (NASDAQ: SYM) Investors to Contact the Firm Before February 3, 2025

PHILADELPHIA, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Berger Montague PC advises investors that a securities class action lawsuit has been filed against Symbotic, Inc. (“Symbotic” or the “Company”) (NASDAQ:...

23 days ago - GlobeNewsWire

Symbotic Completes Acquisition of Walmart's Advanced Systems and Robotics Business and Signs Related Commercial Agreement

WILMINGTON, Mass., Jan. 28, 2025 (GLOBE NEWSWIRE) --  Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced it has both completed the acquisit...

24 days ago - GlobeNewsWire

Symbotic (SYM) Accused of Misleading Investors with Inflated Revenues – Hagens Berman

SYM Investors with Losses Encouraged to Contact the Firm Before Feb. 3rd, 2025 Deadline SYM Investors with Losses Encouraged to Contact the Firm Before Feb. 3rd, 2025 Deadline

26 days ago - GlobeNewsWire

INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Symbotic

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Symbotic To Contact Him Directly To Discuss Their Options If you purchased or acquire...

4 weeks ago - PRNewsWire

Symbotic: AI Robotics Platform Boosted By Walmart

Symbotic's fiscal 2024 revenue surged 52% to $1.78 billion, with adjusted EBITDA improving significantly, indicating strong growth potential despite current GAAP net losses. The acquisition of Walmart...

4 weeks ago - Seeking Alpha

Symbotic: Potential High Rewards For Risk-Taking Investors

Symbotic's stock has shown significant volatility, rising 28% after a favorable Q4 2024 report and dropping 36% due to revenue recognition issues. The stock surged 12% on January 16, 2025, following t...

4 weeks ago - Seeking Alpha

The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of February 3, 2025 in Symbotic Inc. Lawsuit – SYM

NEW YORK, Jan. 21, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Symbotic Inc. (NASDAQ: SYM).

4 weeks ago - GlobeNewsWire

Symbotic Announces Date for Reporting First Quarter Fiscal 2025 Financial Results

WILMINGTON, Mass., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced it will release first quarter fisca...

4 weeks ago - GlobeNewsWire

SYM COURT NEWS: Symbotic Inc. Sued for Securities Fraud – Investors that Lost Money are Urged to Contact BFA Law before February 3 Deadline

NEW YORK CITY, NY / ACCESS Newswire / January 16, 2025 / Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Symbotic Inc. (NASDAQ:SYM) and certain o...

5 weeks ago - Accesswire

Symbotic set to take over Walmart's robotics business

Walmart and Symbotic announced a deal Tuesday that would find the Massachusetts robotics firm taking control of the mega-retailer's automation business. Symbotic is paying $200 million in cash for the...

Other symbols: WMT
5 weeks ago - TechCrunch

Symbotic Stock Pops on New Robotics Partnership With Walmart

Shares of robotics company Symbotic (SYM) jumped about 20% Thursday morning after the company announced an expanded partnership with Walmart (WMT) that includes Symbotic buying Walmart's robotics busi...

Other symbols: WMT
5 weeks ago - Investopedia

Symbotic to Acquire Walmart's Robotics Business. The Stock Charges Higher.

Walmart selects Symbotic to develop a solution to automate the retailer's accelerated pickup and delivery centers.

Other symbols: WMT
5 weeks ago - Barrons

Automation firm Symbotic signs $200 mln deal to buy Walmart's robotics unit

Symbotic said on Thursday it would buy Walmart's robotics business for $200 million in cash to help expand the retailer's automated supply chain, sending shares of the warehouse robotics firm up 20% i...

Other symbols: WMT
5 weeks ago - Reuters

Symbotic to Acquire Walmart's Advanced Systems and Robotics Business and Sign Related Commercial Agreement

WILMINGTON, Mass., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced it has agreed to acquire the Advanc...

Other symbols: WMT
5 weeks ago - GlobeNewsWire

Symbotic (SYM) Restates Financials, Faces Scrutiny Amid Accounting Concerns - Hagens Berman

SAN FRANCISCO, CA / ACCESSWIRE / January 14, 2025 / Symbotic Inc. (NASDAQ:SYM), a Wilmington, Mass.-based automation technology company, has filed restated financial statements for three fiscal 2024 q...

5 weeks ago - Accesswire

SYM SHAREHOLDER NEWS: BFA Law Announces that Symbotic Inc. has been Sued for Fraud - Contact the Firm if You Suffered Losses

NEW YORK, NY / ACCESSWIRE / January 14, 2025 / Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Symbotic Inc. (NASDAQ:SYM) and certain of the Comp...

5 weeks ago - Accesswire

Investors in Symbotic Inc. Should Contact The Gross Law Firm Before February 3, 2025 to Discuss Your Rights - SYM

NEW YORK , Jan. 9, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Symbotic Inc. (NASDAQ: SYM). Shareholders who purchased shares of SYM during the class period ...

6 weeks ago - PRNewsWire