Symbotic (NASDAQ:SYM) Upgraded at Zacks Research

Zacks Research upgraded shares of Symbotic (NASDAQ:SYM) from a strong sell rating to a hold rating in a report released on Wednesday,Zacks.com reports.

A number of other brokerages have also recently commented on SYM. DA Davidson increased their target price on shares of Symbotic from $53.00 to $57.00 and gave the company a “neutral” rating in a research report on Monday, February 9th. Robert W. Baird upped their price objective on shares of Symbotic from $55.00 to $58.00 and gave the company a “neutral” rating in a research note on Wednesday, November 26th. Oppenheimer reissued an “outperform” rating and issued a $83.00 target price on shares of Symbotic in a research note on Tuesday, November 25th. Northcoast Research cut Symbotic from a “buy” rating to a “neutral” rating in a report on Tuesday, November 25th. Finally, Needham & Company LLC upped their price target on Symbotic from $70.00 to $75.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Six investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Symbotic has a consensus rating of “Hold” and a consensus price target of $60.57.

Symbotic Price Performance

NASDAQ SYM opened at $53.79 on Wednesday. The stock’s 50 day simple moving average is $60.67 and its 200-day simple moving average is $60.56. The company has a market cap of $32.39 billion, a PE ratio of -537.85, a price-to-earnings-growth ratio of 7.34 and a beta of 2.13. Symbotic has a 1-year low of $16.32 and a 1-year high of $87.88.

Symbotic (NASDAQ:SYM) last issued its quarterly earnings results on Wednesday, February 4th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.08 by ($0.06). The firm had revenue of $629.99 million for the quarter, compared to analysts’ expectations of $622.58 million. Symbotic had a negative return on equity of 1.88% and a negative net margin of 0.45%.The firm’s revenue for the quarter was up 29.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.03) earnings per share. On average, equities research analysts anticipate that Symbotic will post 0.13 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider William M. Boyd III sold 15,000 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $69.00, for a total value of $1,035,000.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder Group Corp. Softbank sold 3,500,000 shares of the stock in a transaction that occurred on 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 completion of the transaction, the insider owned 5,590,000 shares of the company’s stock, valued at $297,443,900. The trade was a 38.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 7,204,212 shares of company stock worth $385,123,962 over the last ninety days. 8.16% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Symbotic

Large investors have recently modified their holdings of the business. MAI Capital Management increased its position in shares of Symbotic by 833.3% during the 3rd quarter. MAI Capital Management now owns 560 shares of the company’s stock worth $30,000 after purchasing an additional 500 shares during the last quarter. IAG Wealth Partners LLC purchased a new position in Symbotic during the second quarter worth about $32,000. Parkside Financial Bank & Trust boosted its stake in Symbotic by 100.0% during the fourth quarter. Parkside Financial Bank & Trust now owns 536 shares of the company’s stock worth $32,000 after buying an additional 268 shares during the period. Quarry LP acquired a new stake in shares of Symbotic during the fourth quarter valued at about $36,000. Finally, Parallel Advisors LLC increased its position in shares of Symbotic by 67.3% during the fourth quarter. Parallel Advisors LLC now owns 619 shares of the company’s stock valued at $37,000 after acquiring an additional 249 shares during the last quarter.

Symbotic News Roundup

Here are the key news stories impacting Symbotic this week:

• Positive Sentiment: KeyBanc/KeyCorp raised expectations and published bullish forward estimates (K. Newman sees Q1 2028 ~ $0.59 EPS and FY2028 ~ $3.12 EPS), and KeyBanc upgraded the stock — a catalyst that supports a higher medium‑term earnings trajectory and underpins analyst-driven buying. KeyBanc upgrades Symbotic (SYM)
• Neutral Sentiment: Zacks moved its rating from “strong sell” to “hold,” and several brokerages now show a consensus “hold.” These changes reduce bearish pressure but stop short of a clear buy signal, leaving sentiment mixed. Zacks Research Brokerage Consensus: Hold
• Negative Sentiment: A senior insider, Maria G. Freve (VP, Controller & CAO), sold 8,306 shares (~93.9% of her direct holdings) in late January for roughly $457.7k, materially reducing her direct stake — a signal some investors interpret as a near‑term selling cue. Symbotic Insider Sells 8,306 Shares

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.