Symbotic Inc. (SYM)
NASDAQ: SYM · IEX Real-Time Price · USD
39.19
+0.70 (1.82%)
At close: Jul 19, 2024, 4:00 PM
39.02
-0.17 (-0.43%)
Pre-market: Jul 22, 2024, 5:42 AM EDT
Symbotic Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Symbotic stock have an average target of 56.92, with a low estimate of 40 and a high estimate of 70. The average target predicts an increase of 45.24% from the current stock price of 39.19.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Symbotic stock from 13 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Buy | 6 | 6 | 6 | 6 | 6 | 6 |
| Hold | 3 | 3 | 3 | 3 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 14 | 14 | 14 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Maintains $46 → $40 | Hold | Maintains | $46 → $40 | +2.07% | Jul 10, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $55 → $60 | Strong Buy | Maintains | $55 → $60 | +53.10% | May 8, 2024 |
| Needham | Needham | Strong Buy Reiterates $54 | Strong Buy | Reiterates | $54 | +37.79% | May 7, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $57 → $58 | Strong Buy | Maintains | $57 → $58 | +48.00% | May 7, 2024 |
| Baird | Baird | Buy Maintains $52 → $53 | Buy | Maintains | $52 → $53 | +35.24% | May 7, 2024 |
Financial Forecast
Revenue This Year
1.53B
from 1.18B
Increased by 29.83%
Revenue Next Year
1.79B
from 1.53B
Increased by 16.82%
EPS This Year
0.26
from -0.37
EPS Next Year
0.03
from 0.26
Decreased by -88.23%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.9B | 2.4B | 4.4B |
| Avg | 1.8B | 2.2B | 4.0B |
| Low | 1.6B | 2.0B | 3.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 63.1% | 35.4% | 97.3% |
| Avg | 51.7% | 24.9% | 77.8% |
| Low | 39.9% | 10.1% | 56.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.29 | 0.82 | 1.00 |
| Avg | 0.03 | 0.61 | 0.96 |
| Low | -0.18 | 0.42 | 0.93 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 2,603.0% | 64.0% |
| Avg | - | 1,907.3% | 57.8% |
| Low | - | 1,294.3% | 53.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.