Symbotic (NASDAQ:SYM) Price Target Raised to $75.00 at Needham & Company LLC

Symbotic (NASDAQ:SYM) had its price target hoisted by Needham & Company LLC from $70.00 to $75.00 in a research report sent to investors on Thursday, MarketBeat reports. The firm currently has a buy rating on the stock.

Other research analysts have also issued research reports about the stock. The Goldman Sachs Group reiterated a “sell” rating and set a $50.00 price objective on shares of Symbotic in a research note on Thursday, January 15th. Northland Securities lifted their price target on shares of Symbotic from $56.00 to $70.00 and gave the stock an “outperform” rating in a report on Tuesday, November 25th. Citigroup upped their price target on Symbotic from $60.00 to $70.00 and gave the stock a “buy” rating in a research report on Tuesday, November 25th. Cantor Fitzgerald raised their price objective on Symbotic from $60.00 to $82.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 25th. Finally, Oppenheimer restated an “outperform” rating and set a $83.00 target price on shares of Symbotic in a research note on Tuesday, November 25th. Six investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $57.36.

Symbotic Trading Up 0.6%

Shares of NASDAQ:SYM opened at $53.78 on Thursday. The company has a market capitalization of $31.81 billion, a PE ratio of -537.75, a P/E/G ratio of 15.17 and a beta of 2.13. Symbotic has a 12-month low of $16.32 and a 12-month high of $87.88. The business’s fifty day simple moving average is $62.90 and its 200-day simple moving average is $60.22.

Symbotic (NASDAQ:SYM) last issued its quarterly earnings data on Wednesday, February 4th. The company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.06). Symbotic had a negative return on equity of 2.42% and a negative net margin of 0.45%.The company had revenue of $629.99 million for the quarter, compared to analysts’ expectations of $622.58 million. During the same quarter last year, the company earned ($0.03) earnings per share. The company’s revenue for the quarter was up 29.4% compared to the same quarter last year. Research analysts predict that Symbotic will post 0.13 EPS for the current year.

Insider Transactions at Symbotic

In other news, insider William M. Boyd III sold 15,000 shares of the stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $69.00, for a total value of $1,035,000.00. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, major shareholder Group Corp. Softbank sold 3,500,000 shares of Symbotic stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $53.21, for a total value of $186,235,000.00. Following the sale, the insider directly owned 5,590,000 shares of the company’s stock, valued at $297,443,900. This trade represents a 38.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 7,145,878 shares of company stock worth $381,770,290 over the last 90 days. Insiders own 8.16% of the company’s stock.

Hedge Funds Weigh In On Symbotic

Hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. boosted its holdings in shares of Symbotic by 47.6% in the 4th quarter. Vanguard Group Inc. now owns 6,932,158 shares of the company’s stock valued at $412,463,000 after acquiring an additional 2,237,137 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new position in Symbotic during the third quarter valued at $34,296,000. M&T Bank Corp lifted its position in Symbotic by 1,108.8% during the fourth quarter. M&T Bank Corp now owns 330,882 shares of the company’s stock valued at $19,687,000 after purchasing an additional 303,510 shares during the period. Franklin Resources Inc. boosted its holdings in Symbotic by 3,188.8% in the third quarter. Franklin Resources Inc. now owns 274,155 shares of the company’s stock valued at $14,777,000 after purchasing an additional 265,819 shares during the last quarter. Finally, Handelsbanken Fonder AB grew its position in Symbotic by 626.4% during the 3rd quarter. Handelsbanken Fonder AB now owns 274,178 shares of the company’s stock worth $14,778,000 after purchasing an additional 236,435 shares during the period.

Symbotic News Roundup

Here are the key news stories impacting Symbotic this week:

• Positive Sentiment: Symbotic reported GAAP profitability in Q1 FY2026 with $13M net income, revenue of ~$630M (+29.4% YoY) and adjusted EBITDA of $67M — evidence of improving operating leverage. GlobeNewswire: Q1 Results
• Positive Sentiment: The company raised Q2 revenue guidance to $650M–$670M, above consensus, signaling demand and deployments remain strong and supporting upside to near-term revenue expectations. Seeking Alpha: Q2 Guidance
• Positive Sentiment: Software and services are driving margin expansion — the software segment reported ~73% gross margins and nearly doubled YoY revenue, while deployment times are improving toward ~10 months, which should lift future profitability. Seeking Alpha: Thesis Scorecard
• Neutral Sentiment: Macro/market narrative: analysts and commentators highlight automation tailwinds (Amazon-led) that favor Symbotic long-term, but note concentration risk (Walmart exposure) and execution dependence. Seeking Alpha: Automation Theme
• Positive Sentiment: Analyst momentum: Needham raised its price target to $75 and reiterated a Buy rating, adding upside narrative for investors. The Fly/Benzinga: Needham PT Raise
• Negative Sentiment: Earnings per share was modest (reported diluted EPS ~$0.02) and missed some consensus estimates, which tempers the reaction despite revenue and EBITDA strength. MarketBeat: Earnings Summary
• Negative Sentiment: Insider selling continues: Director Todd Krasnow disclosed a sale of 4,000 shares (and broader historical insider sales have been substantial), which some investors view as a negative signal on near-term conviction. SEC: Krasnow Form 4 Quiver: Insider Activity

About Symbotic

Symbotic Inc (NASDAQ: SYM) is a provider of advanced warehouse automation and robotics systems designed to improve throughput, space utilization and labor productivity in distribution centers and fulfillment operations. The company develops integrated hardware and software solutions that automate the storage, retrieval, sorting and palletizing of goods, positioning itself as a systems integrator for material handling challenges faced by large-scale retailers, wholesalers and third-party logistics providers.

Products and services typically include autonomous robotic vehicles and shuttle systems, automated storage-and-retrieval equipment, robotic picking and palletizing cells, conveyors and sortation, together with control and management software that coordinates fleet operations and inventory flow.