Streetbeat News

SYM

Symbotic Inc.

https://www.symbotic.com

Industry

Shell Companies

Symbotic Inc., an automation technology company, provides robotics and technology to improve efficiency for retailers and wholesalers in the United States. It offers The Symbotic System, a full-service warehouse automation system that reduces costs, improves efficiency, and maximizes inventory. The company is based in Wilmington, Massachusetts.

Open

30.26

Mkt cap

3.1B

Volume

867K

High

30.26

P/E Ratio

-147.45

52-wk high

59.82

Low

29.08

Div yield

N/A

52-wk low

17.11

Symbotic Inc. (SYM) has been gaining attention from Zacks.com users, prompting an analysis of its potential as a buy.

Portfolio Pulse from

November 14, 2024 | 3:15 pm

Symbiotic is set to report its Q4 earnings for fiscal 2024, with expectations of positive top-line results due to 39 systems currently in deployment.

Portfolio Pulse from

November 13, 2024 | 2:00 pm

Symbotic Inc. (SYM) experienced a decline of 1.66% in its stock price, closing at $34.32 on the latest trading day.

Portfolio Pulse from

November 13, 2024 | 12:15 am

Several large-cap stocks experienced significant gains last week, with notable performances from Astera Labs, Symbotic, MicroStrategy, Affirm Holdings, Uber, Super Micro Computer, Robinhood Markets, Norwegian Cruise Line, Zscaler, Carnival, and Cloudflare. These gains were driven by various factors including product announcements, analyst upgrades, and strategic agreements.

Portfolio Pulse from Lekha Gupta

October 13, 2024 | 2:29 pm

BWS Financial analyst Hamed Khorsand has reiterated a Sell rating on Symbotic (NASDAQ:SYM) and maintained a price target of $10.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 6:01 pm

Cantor Fitzgerald analyst Derek Soderberg has reiterated an Overweight rating on Symbotic (NASDAQ:SYM) and maintained a $60 price target.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 5:10 pm

Symbotic Inc. (NASDAQ:SYM) shares are trading higher due to a new agreement with Walmart de México y Centroamérica to implement its warehouse automation systems. The stock rose over 18% after the announcement and continues to climb, trading above its 50-day moving average. Analysts have a positive outlook with a 12-month price target of $38.

Portfolio Pulse from Erica Kollmann

October 11, 2024 | 3:35 pm

Fastenal Company reported better-than-expected Q3 earnings, leading to a 6% rise in its stock price. Other notable stock gains include Torrid Holdings, Pacific Biosciences, and Wells Fargo, among others.

Portfolio Pulse from Avi Kapoor

October 11, 2024 | 2:28 pm

U.S. stocks fell with the S&P 500 down 0.3%. Domino's Pizza reported mixed Q3 results, missing sales estimates but beating EPS. BloomZ shares surged 65% after a new contract, while LSB Industries rose 15% following an analyst upgrade. Gritstone bio shares plummeted 61% after filing for Chapter 11. Indivior and 10x Genomics also saw significant declines.

Portfolio Pulse from Avi Kapoor

October 10, 2024 | 6:41 pm

The article highlights the intraday movements of various industrial stocks on Thursday. Notable gainers include Jet AI, Galaxy Payroll Group, and Surf Air Mobility, while significant losers include Momentus and JVSPAC Acquisition Corp. - Right.

Portfolio Pulse from Benzinga Insights

October 10, 2024 | 4:31 pm

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