Symbotic Inc. (SYM)

NASDAQ: SYM · IEX Real-Time Price · USD
11.51
-0.64 (-5.31%)
Nov 29, 2022 3:25 PM EDT - Market open
-5.31%
Market Cap 7.12B
Revenue (ttm) 600.81M
Net Income (ttm) -223.73M
Shares Out 50.66M
EPS (ttm) -23.79
PE Ratio n/a
Forward PE 769.23
Dividend n/a
Ex-Dividend Date n/a
Volume 205,382
Open 11.8
Previous Close 12.15
Day's Range 11.1 - 12.14
52-Week Range 8.75 - 28.48
Beta n/a
Analysts n/a
Price Target 17.54 (+52.5%)
Earnings Date Nov 21, 2022

About SYM

Symbotic Inc., an automation technology company, provides robotics and technology to improve efficiency for retailers and wholesalers in the United States. It offers The Symbotic System, a full-service warehouse automation system that reduces costs, improves efficiency, and maximizes inventory. The company is based in Wilmington, Massachusetts. [Read more]

Industry Shell Companies
Founded 2005
Employees 2
Stock Exchange NASDAQ
Ticker Symbol SYM
Full Company Profile

Financial Performance

In 2021, Symbotic's revenue was $483.64 million, an increase of 425.21% compared to the previous year's $92.09 million. Losses were -$169.17 million, 54.5% more than in 2020.

Financial Statements

News

Symbotic Reports Fourth Quarter and Fiscal Year 2022 Results

Achieved Record Quarterly Revenue of $244 Million (167% Growth Year Over Year)

1 week ago - GlobeNewsWire

Symbotic Announces Date for Reporting Fourth Quarter and Fiscal Year 2022 Financial Results

WILMINGTON, Mass., Nov. 15, 2022 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced it will release its fourth quarter an...

1 week ago - GlobeNewsWire

Labor Shortage Spurs Drive To Automate Warehouses

Amazon is leading the automation drive as e-commerce customers demand faster deliveries. The post Labor Shortage Spurs Drive To Automate Warehouses appeared first on Investor's Business Daily.

1 month ago - Investors Business Daily

UNFI and Symbotic Announce Agreement to Implement Industry-Leading Warehouse Automation Systems

PROVIDENCE, R.I. & WILMINGTON, Mass.--(BUSINESS WIRE)--UNFI and Symbotic announced they have entered into a commercial agreement to implement Symbotic's A.I.-powered robotics and software automation.

Other symbols: UNFI
2 months ago - Business Wire

Symbotic Reports Fiscal Year 2022 Third Quarter Results

WILMINGTON, Mass.--(BUSINESS WIRE)--Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced financial results for the third quarter of fiscal 2022...

3 months ago - Business Wire

Symbotic Announces Date for Reporting Third Quarter 2022 Financial Results

WILMINGTON, Mass.--(BUSINESS WIRE)--Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced it will release its third quarter 2022 financial resul...

4 months ago - Business Wire

Paperless Parts Appoints Experienced Operators to its Board of Directors and Board of Advisors as the Company Continu...

BOSTON--(BUSINESS WIRE)-- #contractmanufacturers--New Board Members bring diversified leadership, vertical-SaaS expertise, and deep operational experience to accelerate Paperless Parts' growth.

4 months ago - Business Wire

Walmart Likes This Company's Technology So Much It Became a Shareholder

Revolutionary warehouse automation technology from Symbotic offers investors a unique long term growth opportunity.

Other symbols: WMT
4 months ago - The Motley Fool

This Emerging Tech Is the ‘Inflation Killer'

Advanced supply chain localization via automation could turn today's inflation situation into a win-win for businesses and consumers. The post This Emerging Tech Is the ‘Inflation Killer' appeared first...

4 months ago - InvestorPlace

Why Symbotic Shares Are Surging Today

Raymond James analyst Brian Gesuale initiated coverage of Symbotic Inc. (NASDAQ: SYM), an automation technology company, at Outperform, with a price target of $18, implying an upside of 23%. Symbotic de...

4 months ago - Benzinga

Symbotic Stock Surges After Walmart Discloses It Holds 62.2% Stake

Walmart discloses it holds a 62.2% stake in the artificial intelligence supply chain technology company.

Other symbols: WMT
5 months ago - Barrons

Symbotic shares jump 4.9% premarket after Walmart discloses 62.2% stake

Shares of AI supply chain company Symbotic Inc. SYM, +23.80% rose 4.9% in premarket trade Tuesday after Walmart Inc. WMT, -1.93% disclosed a 62.2% stake in the company. In a regulatory filing, Walmart s...

Other symbols: WMT
5 months ago - Market Watch

Symbotic Debuts on Nasdaq Under Ticker “SYM”

WILMINGTON, Mass.--(BUSINESS WIRE)--Symbotic Inc. (NASDAQ: SYM), a leader in A.I.-enabled robotics automation technology, announced that shares of its Class A common stock will trade on The Nasdaq Stock...

5 months ago - Business Wire

Symbotic Becomes a Publicly Traded Company Through Completion of Business Combination with SoftBank-Sponsored SVF Inv...

WILMINGTON, Mass. & SAN CARLOS, Calif.--(BUSINESS WIRE)--Symbotic LLC, a leader in A.I.-enabled robotics automation technology, today announced the completion of its business combination with SVF Invest...

5 months ago - Business Wire

Walmart and Symbotic Expand Partnership to Implement Industry-Leading Automation System

BENTONVILLE, Ark. & WILMINGTON, Mass.--(BUSINESS WIRE)--Symbotic LLC, a revolutionary A.I.-powered supply chain technology company, and Walmart Inc. announced an expanded commercial agreement to impleme...

Other symbols: WMT
6 months ago - Business Wire

SVF Investment Corp. 3 Announces Effectiveness of Registration Statement for Business Combination with Symbotic

Special meeting to approve transaction scheduled for June 3, 2022 SAN CARLOS, Calif. , May 10, 2022 /PRNewswire/ -- SVF Investment Corp. 3, a special purpose acquisition company (the "Company" or "SVF")...

6 months ago - PRNewsWire

Symbotic Reports Fiscal Year 2022 Second Quarter Results

WILMINGTON, Mass.--(BUSINESS WIRE)--Symbotic LLC, a revolutionary A.I.-enabled technology platform for the supply chain, today announced financial results for its parent entity, Warehouse Technologies L...

6 months ago - Business Wire

Symbotic Names Michael J. Loparco Chief Executive Officer

WILMINGTON, Mass.--(BUSINESS WIRE)--Symbotic LLC, a revolutionary A.I.-enabled technology platform provider for the supply chain and a leader in robotics-based automation, names Michael J. Loparco as Ch...

7 months ago - Business Wire

Symbotic Reports Fiscal Year 2022 First Quarter Results

WILMINGTON, Mass.--(BUSINESS WIRE)--Symbotic LLC, a revolutionary A.I.-enabled technology platform for the supply chain, today announced financial results for its parent entity, Warehouse Technologies L...

8 months ago - Business Wire

Walmart Backed Supply Chain Company Symbotic Gets SPAC Deal: What Investors Should Know

An artificial intelligence-enabled platform for the supply chain is going public in a SPAC deal announced Monday morning. The SPAC Deal: Symbotic announced a SPAC Deal with SVF Investment Corp 3 (NASDAQ...

Other symbols: WMT
11 months ago - Benzinga

Walmart-supported Symbotic set to go public via Softbank SPAC

Walmart's had its ups and downs in the robotics world, looking for any advantage in a bid to stay competitive with Amazon's online domination. In July, the mega-retailer inked a deal with Symbotics, fur...

11 months ago - TechCrunch

Symbotic, a Revolutionary A.I.-Enabled Technology Platform for the Supply Chain, to Become a Public Company in Partne...

WILMINGTON, Mass. & SAN CARLOS, Calif.--(BUSINESS WIRE)--Symbotic LLC (“Symbotic” or the “Company”), a revolutionary A.I.-enabled technology platform for the supply chain, and SVF Investment Corp. 3 (NA...

11 months ago - Business Wire

SoftBank's SVF Investment Corp. 3 Announces Closing of $320,000,000 Million Initial Public Offering

SAN CARLOS, Calif., March 11, 2021 /PRNewswire/ -- SVF Investment Corp. 3 (Nasdaq: SVFC) (the "Company") announced today the closing of its initial public offering of 32,000,000 Class A ordinary shares,...

1 year ago - PRNewsWire

SoftBank's SVF Investment Corp. 3 Announces Pricing of $280 Million Initial Public Offering

SAN CARLOS, Calif., March 8, 2021 /PRNewswire/ -- SVF Investment Corp. 3 (the "Company") announced today the pricing of its initial public offering of 28,000,000 Class A ordinary shares at $10.00 per sh...

1 year ago - PRNewsWire