KeyCorp Forecasts Symbotic’s Q1 Earnings (NASDAQ:SYM)

Symbotic Inc. (NASDAQ:SYM) – Investment analysts at KeyCorp issued their Q1 2028 earnings per share (EPS) estimates for Symbotic in a research note issued on Thursday, February 19th. KeyCorp analyst K. Newman expects that the company will earn $0.59 per share for the quarter. The consensus estimate for Symbotic’s current full-year earnings is $0.13 per share. KeyCorp also issued estimates for Symbotic’s FY2028 earnings at $3.12 EPS.

Other equities research analysts also recently issued research reports about the company. Northland Securities set a $73.00 price objective on Symbotic in a research report on Thursday, February 5th. Deutsche Bank Aktiengesellschaft upped their target price on Symbotic from $55.00 to $63.00 and gave the company a “hold” rating in a report on Tuesday, November 25th. Barclays lifted their price target on Symbotic from $41.00 to $42.00 and gave the stock an “underweight” rating in a research note on Monday, January 12th. DA Davidson upped their price objective on shares of Symbotic from $53.00 to $57.00 and gave the company a “neutral” rating in a research note on Monday, February 9th. Finally, Citigroup reiterated an “outperform” rating on shares of Symbotic in a report on Thursday, February 5th. Six analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, Symbotic presently has a consensus rating of “Hold” and an average price target of $60.57.

Symbotic Price Performance

Shares of SYM opened at $53.79 on Friday. The firm’s 50 day moving average is $60.67 and its 200-day moving average is $60.56. Symbotic has a 12-month low of $16.32 and a 12-month high of $87.88. The stock has a market capitalization of $32.39 billion, a P/E ratio of -537.85, a P/E/G ratio of 7.34 and a beta of 2.13.

Symbotic (NASDAQ:SYM) last released its earnings results on Wednesday, February 4th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.06). Symbotic had a negative return on equity of 1.88% and a negative net margin of 0.45%.The firm had revenue of $629.99 million for the quarter, compared to analyst estimates of $622.58 million. During the same period in the previous year, the firm earned ($0.03) earnings per share. Symbotic’s revenue was up 29.4% on a year-over-year basis.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Mercer Global Advisors Inc. ADV boosted its holdings in Symbotic by 32.2% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 8,435 shares of the company’s stock worth $502,000 after purchasing an additional 2,056 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of Symbotic by 278.4% in the fourth quarter. NewEdge Advisors LLC now owns 9,711 shares of the company’s stock worth $578,000 after buying an additional 7,145 shares during the last quarter. Twinbeech Capital LP bought a new stake in shares of Symbotic during the 4th quarter worth about $1,515,000. Polymer Capital Management US LLC bought a new position in shares of Symbotic in the 4th quarter valued at approximately $279,000. Finally, Readystate Asset Management LP bought a new position in shares of Symbotic in the 4th quarter valued at approximately $470,000.

Insiders Place Their Bets

In other Symbotic news, Director Todd Krasnow sold 4,000 shares of Symbotic stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $53.73, for a total transaction of $214,920.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Maria G. Freve sold 8,306 shares of the business’s stock in a transaction on Wednesday, January 28th. The shares were sold at an average price of $55.11, for a total transaction of $457,743.66. Following the transaction, the insider owned 539 shares in the company, valued at approximately $29,704.29. This represents a 93.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 7,204,212 shares of company stock valued at $385,123,962 over the last ninety days. Insiders own 8.16% of the company’s stock.

More Symbotic News

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

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.