Wall Street Zen Upgrades Symbotic (NASDAQ:SYM) to “Buy”

Symbotic (NASDAQ:SYM) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Saturday.

Other research analysts have also issued research reports about the stock. Northcoast Research lowered shares of Symbotic from a “buy” rating to a “neutral” rating in a research report on Tuesday, November 25th. Cantor Fitzgerald upped their price target on Symbotic from $60.00 to $82.00 and gave the company an “overweight” rating in a report on Tuesday, November 25th. Robert W. Baird lifted their price objective on Symbotic from $55.00 to $58.00 and gave the stock a “neutral” rating in a report on Wednesday, November 26th. Oppenheimer restated an “outperform” rating and issued a $83.00 target price on shares of Symbotic in a research note on Tuesday, November 25th. Finally, TD Cowen reiterated a “buy” rating on shares of Symbotic in a research note on Wednesday, December 3rd. Six equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $57.36.

Symbotic Stock Up 11.1%

Shares of SYM stock opened at $59.74 on Friday. Symbotic has a 12 month low of $16.32 and a 12 month high of $87.88. The firm has a market cap of $35.34 billion, a PE ratio of -597.34, a price-to-earnings-growth ratio of 15.26 and a beta of 2.13. The stock has a 50 day moving average of $62.41 and a 200-day moving average of $60.29.

Symbotic (NASDAQ:SYM) last announced its quarterly earnings data on Wednesday, February 4th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.06). The company had revenue of $629.99 million during the quarter, compared to analyst estimates of $622.58 million. Symbotic had a negative return on equity of 1.88% and a negative net margin of 0.45%.The company’s revenue was up 29.4% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.03) EPS. As a group, equities analysts predict that Symbotic will post 0.13 EPS for the current fiscal year.

Insider Activity at Symbotic

In other news, Director Merline Saintil sold 9,000 shares of the business’s stock in a transaction on Friday, November 28th. The shares were sold at an average price of $84.72, for a total value of $762,480.00. Following the sale, the director owned 68,413 shares in the company, valued at approximately $5,795,949.36. The trade was a 11.63% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CTO James Kuffner sold 77,321 shares of the company’s stock in a transaction dated Monday, January 26th. The stock was sold at an average price of $59.76, for a total transaction of $4,620,702.96. Following the completion of the sale, the chief technology officer directly owned 144,982 shares in the company, valued at approximately $8,664,124.32. The trade was a 34.78% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 7,145,878 shares of company stock valued at $381,770,290. Insiders own 8.16% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. Vanguard Group Inc. grew its position in Symbotic by 47.6% during the 4th quarter. Vanguard Group Inc. now owns 6,932,158 shares of the company’s stock worth $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 in the third quarter worth $34,296,000. M&T Bank Corp grew its holdings in shares of Symbotic by 1,108.8% during the fourth quarter. M&T Bank Corp now owns 330,882 shares of the company’s stock worth $19,687,000 after purchasing an additional 303,510 shares during the last quarter. Franklin Resources Inc. increased its stake in shares of 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 buying an additional 265,819 shares in the last quarter. Finally, Handelsbanken Fonder AB raised its holdings in shares of Symbotic by 626.4% in the third quarter. Handelsbanken Fonder AB now owns 274,178 shares of the company’s stock valued at $14,778,000 after buying an additional 236,435 shares during the last quarter.

Trending Headlines about Symbotic

Here are the key news stories impacting Symbotic this week:

• Positive Sentiment: Q1 financial beat and GAAP profit — Symbotic reported roughly $630M revenue (+29% YoY) and turned GAAP profitable (net income reported), showing a big jump in adjusted EBITDA and operational leverage that supports a bullish re-rating. Read More.
• Positive Sentiment: Raised near‑term guidance — management set Q2 revenue at $650M–$670M, above consensus, reinforcing the narrative of sustained top‑line momentum and near‑term upside. Read More.
• Positive Sentiment: Analyst support — Needham bumped its price target to $75 and reiterated a buy, adding incremental buy‑side pressure after the quarter. Read More.
• Neutral Sentiment: Operational details and backlog — management highlighted faster install‑to‑acceptance timelines, strong software gross margins (~73%) and a multi‑billion backlog that underpins deployment-driven revenue, supporting the long‑term thesis but dependent on execution. Read More.
• Neutral Sentiment: Broad coverage and transcripts — multiple call transcripts and write‑ups give detail on execution priorities (capacity, AI/software leverage) that investors should review to assess cadence of future installs. Read More.
• Negative Sentiment: Insider selling and concentration risk — a director disclosed sales (4,000 shares) and the business still has high customer concentration (Walmart and a few large customers), which elevates execution and client‑risk if deployments slow. Read More.
• Negative Sentiment: EPS/communication noise and valuation — some outlets flagged EPS reporting/mix (GAAP vs. adjusted) that created short‑term confusion, and the shares still trade at a premium with a wide range of analyst targets, leaving the stock exposed to sentiment swings. Read More.

Symbotic Company Profile

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.