Symbotic Inc. (SYM)
NASDAQ: SYM · IEX Real-Time Price · USD
45.00
-0.23 (-0.51%)
At close: Mar 28, 2024, 4:00 PM
45.45
+0.45 (1.00%)
After-hours: Mar 28, 2024, 7:58 PM EDT

Symbotic Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for Symbotic stock have an average target of 53.08, with a low estimate of 36 and a high estimate of 70. The average target predicts an increase of 17.96% from the current stock price of 45.00.

Analyst Consensus: Buy
Target Low Average Median High
Price $36 $53.08 $54 $70
Change -20.00% +17.96% +20.00% +55.56%
* Price targets were last updated on Feb 7, 2024.

Analyst Ratings

The average analyst rating for Symbotic stock from 14 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 555555
Buy 666666
Hold 444433
Sell 000000
Strong Sell 000000
Total 151515151414

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
DA Davidson
DA Davidson
Strong Buy
Upgrades
$50
Strong Buy Upgrades $50 +11.11% Feb 7, 2024
Baird
Baird
Buy
Maintains
$54$52
Buy Maintains $54$52 +15.56% Feb 6, 2024
Goldman Sachs
Goldman Sachs
Hold
Maintains
$51$44
Hold Maintains $51$44 -2.22% Feb 6, 2024
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$60
Buy Reiterates $60 +33.33% Feb 6, 2024
Needham
Needham
Strong Buy
Maintains
$58$54
Strong Buy Maintains $58$54 +20.00% Feb 6, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
1.53B
from 1.18B
Increased by 29.83%
Revenue Next Year
1.76B
from 1.53B
Increased by 15.12%
EPS This Year
0.26
from -0.37
EPS Next Year
-0.02
from 0.26
Year 20192020202120222023202420242025202520262026
Revenue
100.12M92.09M251.91M593.31M1.18B1.53B1.76B2.50B2.23B3.51B3.96B
Revenue Growth
--8.03%173.56%135.52%98.36%29.83%15.12%42.24%-10.91%57.51%12.90%
EPS
-20.16-21.64-24.16-0.13-0.370.26-0.020.410.610.750.96
EPS Growth
--------47.91%23.44%27.80%
No. Analysts -----91414682
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 2.0B 2.4B 4.4B
Avg 1.8B 2.2B 4.0B
Low 1.6B 2.0B 3.5B

Revenue Growth

Revenue Growth 202420252026
High
67.5%
37.4%
97.3%
Avg
49.5%
26.7%
77.8%
Low
35.4%
11.7%
56.4%

EPS Forecast

EPS 202420252026
High 0.06 0.82 1.00
Avg -0.02 0.61 0.96
Low -0.06 0.42 0.93

EPS Growth

EPS Growth 202420252026
High - -
64.0%
Avg - -
57.8%
Low - -
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.