FY2025 EPS Estimates for Symbotic Boosted by Northland Capmk

Symbotic Inc. (NASDAQ:SYM) – Analysts at Northland Capmk raised their FY2025 earnings estimates for shares of Symbotic in a research report issued to clients and investors on Monday, July 7th. Northland Capmk analyst M. Latimore now forecasts that the company will post earnings of $0.02 per share for the year, up from their previous estimate of ($0.04). The consensus estimate for Symbotic’s current full-year earnings is $0.13 per share. Northland Capmk also issued estimates for Symbotic’s Q4 2026 earnings at $0.05 EPS.

Other equities analysts have also issued reports about the company. BWS Financial reiterated a “sell” rating and issued a $10.00 price objective on shares of Symbotic in a research report on Wednesday, April 2nd. The Goldman Sachs Group decreased their price objective on Symbotic from $25.00 to $18.00 and set a “neutral” rating for the company in a research report on Thursday, April 10th. Northland Securities boosted their price objective on Symbotic from $35.00 to $56.00 and gave the company an “outperform” rating in a research report on Tuesday. Citigroup decreased their price objective on Symbotic from $37.00 to $29.00 and set a “buy” rating for the company in a research report on Monday, April 14th. Finally, Arete Research upgraded Symbotic to a “strong-buy” rating and set a $50.00 price objective for the company in a research report on Wednesday, June 25th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Symbotic presently has a consensus rating of “Moderate Buy” and an average target price of $39.59.

Symbotic Trading Up 1.4%

Symbotic stock opened at $47.81 on Thursday. The firm has a market capitalization of $28.19 billion, a P/E ratio of -1,195.25, a PEG ratio of 49.12 and a beta of 2.03. Symbotic has a 1 year low of $16.32 and a 1 year high of $49.86. The business has a 50-day moving average of $32.04 and a 200-day moving average of $26.89.

Symbotic (NASDAQ:SYM) last posted its earnings results on Wednesday, May 7th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.09). The company had revenue of $549.65 million for the quarter, compared to analyst estimates of $522.36 million. Symbotic had a negative return on equity of 1.26% and a negative net margin of 0.23%. Symbotic’s quarterly revenue was up 39.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.07) earnings per share.

Insider Transactions at Symbotic

In related news, CFO Carol J. Hibbard sold 4,628 shares of the firm’s stock in a transaction on Tuesday, May 6th. The stock was sold at an average price of $22.62, for a total value of $104,685.36. Following the transaction, the chief financial officer owned 54,011 shares in the company, valued at approximately $1,221,728.82. This trade represents a 7.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Todd Krasnow sold 5,940 shares of the firm’s stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $26.38, for a total value of $156,697.20. The disclosure for this sale can be found here. Insiders have sold 48,616 shares of company stock worth $1,326,437 over the last quarter. 0.60% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of SYM. Walmart Inc. acquired a new stake in Symbotic in the fourth quarter valued at about $355,650,000. Vanguard Group Inc. boosted its stake in Symbotic by 41.3% in the fourth quarter. Vanguard Group Inc. now owns 4,970,292 shares of the company’s stock valued at $117,846,000 after buying an additional 1,452,627 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Symbotic by 16.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,343,902 shares of the company’s stock valued at $27,155,000 after buying an additional 187,538 shares in the last quarter. Raymond James Financial Inc. boosted its stake in Symbotic by 12.1% in the first quarter. Raymond James Financial Inc. now owns 980,922 shares of the company’s stock valued at $19,824,000 after buying an additional 105,616 shares in the last quarter. Finally, Invesco Ltd. boosted its stake in Symbotic by 25.9% in the fourth quarter. Invesco Ltd. now owns 727,890 shares of the company’s stock valued at $17,258,000 after buying an additional 149,918 shares in the last quarter.

Symbotic Company Profile

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.