Symbotic Inc. (SYM)

Market Cap	4.01B
Revenue (ttm)	1.34B
Net Income (ttm)	-18.60M
Shares Out	95.66M
EPS (ttm)	-0.27
PE Ratio	n/a
Forward PE	670.07
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,219,974
Open	41.33
Previous Close	40.88
Day's Range	40.69 - 42.86
52-Week Range	22.40 - 64.14
Beta	1.92
Analysts	Buy
Price Target	54.23 (+29.24%)
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.

• Industry: Specialty Industrial Machinery
• Sector: Industrials
• Founded: 2005
• Employees: 1,300
• Stock Exchange: NASDAQ
• Ticker Symbol: SYM

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 14 analysts, the average rating for SYM stock is "Buy." The 12-month stock price forecast is $54.23, which is an increase of 29.24% from the latest price.

Price Target

$54.23

(29.24% upside)

Analyst Consensus: Buy