Symbotic (NASDAQ:SYM) Issues Quarterly Earnings Results

Symbotic (NASDAQ:SYM) posted its quarterly earnings data on Wednesday. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.10), Zacks reports. Symbotic had a negative net margin of 0.45% and a negative return on equity of 1.88%.

Symbotic Price Performance

SYM traded up $3.08 on Wednesday, hitting $61.16. 3,293,184 shares of the stock were exchanged, compared to its average volume of 1,660,323. Symbotic has a 12 month low of $21.89 and a 12 month high of $87.88. The business has a 50-day moving average of $54.70 and a two-hundred day moving average of $60.79. The firm has a market capitalization of $36.83 billion, a price-to-earnings ratio of -611.54, a PEG ratio of 5.71 and a beta of 2.03.

More Symbotic News

Here are the key news stories impacting Symbotic this week:

• Positive Sentiment: Strong Q2 fiscal 2026 results: revenue of $676M (+23% YoY), GAAP net income of $9M (vs. a loss a year ago) and adjusted EBITDA of $78M (more than double year‑ago) — concrete proof of improving margins and cash generation that supports higher valuation. Symbotic Reports Second Quarter Fiscal Year 2026 Results
• Positive Sentiment: Symbotic led a $60M Series C for battery tech firm Nyobolt — a strategic investment that could secure higher‑power, fast‑charging solutions for Symbotic’s robotics fleet and signal management confidence in adjacent tech that enables scale. Nyobolt Closes Series C Round at $1B Valuation
• Positive Sentiment: DA Davidson upgraded SYM to Buy and raised its price target to $70, citing an “AI‑enabled technology moat” and long runway for deployments — analyst upgrades can accelerate flows and sentiment into the stock. DA Davidson Upgrades Symbotic (SYM) to Buy
• Neutral Sentiment: Operational traction: management reported record throughput (over 6.5M cases/day) and disclosed a next‑gen storage structure with early installations expected next calendar year — supports growth but is more execution‑oriented than immediately revenue‑accretive. What Symbotic (SYM)’s Record Throughput And Next-Gen Warehouse Deal Means For Shareholders
• Neutral Sentiment: Insider sale by director Charles Kane: 2,000 shares sold under a pre‑arranged 10b5‑1 plan — small relative to his holdings and likely routine, but may attract short‑term attention. Symbotic (NASDAQ:SYM) Director Charles Kane Sells 2,000 Shares
• Negative Sentiment: Reminders of prior earnings and profitability risk: earlier quarterly EPS misses and the company remaining near break‑even on margins mean Symbotic’s valuation still depends on sustained margin expansion and order flow. That keeps downside risk if growth slows. SYM Recent Financials (MarketBeat)

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Wall Street Zen cut shares of Symbotic from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Zacks Research raised shares of Symbotic from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 18th. Needham & Company LLC raised their price objective on shares of Symbotic from $70.00 to $75.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Northland Securities set a $73.00 price objective on shares of Symbotic in a report on Thursday, February 5th. Finally, The Goldman Sachs Group reaffirmed a “sell” rating and issued a $50.00 target price on shares of Symbotic in a research report on Thursday, January 15th. Seven analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $65.62.

Insider Buying and Selling at Symbotic

In related news, insider William M. Boyd III sold 9,194 shares of the company’s stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $58.75, for a total transaction of $540,147.50. Following the completion of the sale, the insider owned 62,227 shares of the company’s stock, valued at $3,655,836.25. This represents a 12.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Charles Kane sold 2,000 shares of the company’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $58.26, for a total transaction of $116,520.00. Following the sale, the director directly owned 89,852 shares of the company’s stock, valued at $5,234,777.52. This represents a 2.18% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 155,581 shares of company stock valued at $8,998,237 over the last three months. 8.16% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of SYM. Royal Bank of Canada raised its stake in Symbotic by 28.8% during the first quarter. Royal Bank of Canada now owns 84,856 shares of the company’s stock worth $1,714,000 after acquiring an additional 18,967 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Symbotic by 15.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 84,899 shares of the company’s stock valued at $1,716,000 after buying an additional 11,098 shares during the period. Russell Investments Group Ltd. acquired a new position in shares of Symbotic in the second quarter valued at approximately $804,000. Invesco Ltd. increased its stake in shares of Symbotic by 33.2% in the second quarter. Invesco Ltd. now owns 304,207 shares of the company’s stock valued at $11,818,000 after buying an additional 75,828 shares during the period. Finally, Cresset Asset Management LLC acquired a new position in shares of Symbotic in the second quarter valued at approximately $267,000.

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.