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

21.50

Mkt cap

13B

Volume

1.5M

High

21.85

P/E Ratio

-154.64

52-wk high

50.41

Low

21.15

Div yield

N/A

52-wk low

17.11

Wall Street analysts have given positive recommendations for Symbotic Inc (SYM), suggesting it as a good investment. Analyst ratings can influence stock prices, but their importance is debated.

Portfolio Pulse from

November 20, 2024 | 3:45 pm

Symbotic Inc. is a leading player in warehouse automation, leveraging AI-enabled robotics to reduce labor costs and improve ROI for retailers. With a $22.4 billion backlog and international expansion, including a contract with Walmex, Symbotic is poised for strong growth. The company has a one-year target price of $55 per share.

Portfolio Pulse from

November 19, 2024 | 6:00 pm

Symbotic Inc. held its Q4 2024 earnings call, discussing financial results and company developments. Key participants included executives and analysts from various financial institutions.

Portfolio Pulse from

November 19, 2024 | 2:45 am

Symbotic Inc. (SYM) reported Q4 earnings of $0.05 per share, surpassing the Zacks Consensus Estimate of $0.03 per share, and showing improvement from a loss of $0.08 per share a year ago.

Portfolio Pulse from

November 18, 2024 | 11:30 pm

Symbotic Inc. reported its fourth quarter and fiscal year 2024 results, highlighting its position as a leader in A.I.

Portfolio Pulse from

November 18, 2024 | 9:15 pm

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

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