Symbotic Inc. (NASDAQ:SYM) Stock Has Average Price Target of $65.83

Symbotic Inc. (NASDAQ:SYM) has received a consensus rating of “Hold” from the fourteen ratings firms that are currently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, five have given a hold rating and seven have given a buy rating to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $65.83.

Several brokerages recently weighed in on SYM. TD Cowen cut their price objective on shares of Symbotic from $75.00 to $70.00 and set a “buy” rating on the stock in a research report on Thursday, October 22nd. Barclays lowered their target price on shares of Symbotic from $44.00 to $38.00 and set an “underweight” rating on the stock in a research note on Tuesday, September 8th. Weiss Ratings upgraded Symbotic from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, September 21st. Needham & Company LLC decreased their price target on Symbotic from C$75.00 to C$60.00 and set a “buy” rating for the company in a research note on Tuesday, September 15th. Finally, Zacks Research upgraded Symbotic from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 5th.

Insider Buying and Selling

In other news, SVP Brian Alexander sold 9,225 shares of the company’s stock in a transaction on Monday, October 26th. The stock was sold at an average price of $38.26, for a total transaction of $352,948.50. Following the completion of the sale, the senior vice president directly owned 66,959 shares of the company’s stock, valued at $2,561,851.34. This represents a 12.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider William M. Boyd III sold 9,194 shares of the stock in a transaction on Tuesday, October 27th. The shares were sold at an average price of $38.83, for a total value of $357,003.02. Following the completion of the transaction, the insider owned 57,112 shares of the company’s stock, valued at $2,217,658.96. This trade represents a 13.87% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 63,371 shares of company stock worth $2,498,236. 8.16% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Concurrent Investment Advisors LLC lifted its holdings in shares of Symbotic by 5.2% in the second quarter. Concurrent Investment Advisors LLC now owns 5,811 shares of the company’s stock valued at $261,000 after purchasing an additional 287 shares in the last quarter. Toth Financial Advisory Corp grew its holdings in shares of Symbotic by 88.7% during the third quarter. Toth Financial Advisory Corp now owns 632 shares of the company’s stock valued at $27,000 after buying an additional 297 shares in the last quarter. International Assets Investment Management LLC grew its holdings in shares of Symbotic by 5.4% during the first quarter. International Assets Investment Management LLC now owns 5,844 shares of the company’s stock valued at $320,000 after buying an additional 300 shares in the last quarter. QRG Capital Management Inc. raised its position in Symbotic by 7.2% during the second quarter. QRG Capital Management Inc. now owns 5,100 shares of the company’s stock valued at $229,000 after buying an additional 344 shares during the period. Finally, IAG Wealth Partners LLC raised its position in Symbotic by 29.4% during the first quarter. IAG Wealth Partners LLC now owns 1,752 shares of the company’s stock valued at $93,000 after buying an additional 398 shares during the period.

Symbotic Trading Down 4.0%

Shares of Symbotic stock opened at $37.40 on Tuesday. The stock has a market capitalization of $22.62 billion, a price-to-earnings ratio of 433.00, a PEG ratio of 3.69 and a beta of 1.97. Symbotic has a twelve month low of $36.47 and a twelve month high of $87.88. The business’s 50 day simple moving average is $41.39 and its 200-day simple moving average is $48.37.

Symbotic (NASDAQ:SYM) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.04). The company had revenue of $720.84 million for the quarter, compared to analyst estimates of $715.03 million. Symbotic had a net margin of 0.48% and a return on equity of 1.40%. The company’s revenue for the quarter was up 21.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.05) EPS. Sell-side analysts predict that Symbotic will post 0.21 earnings per share for the current year.

Trending Headlines about Symbotic

Here are the key news stories impacting Symbotic this week:

• Positive Sentiment: Walmart and Symbotic will expand automation across 25 U.S. regional distribution centers and explore additional opportunities across Walmart’s global supply chain. The agreement strengthens Symbotic’s relationship with a major anchor customer and could support future revenue, backlog and recurring expansion opportunities. Walmart and Symbotic Expand Commercial Agreement
• Positive Sentiment: Recent commentary argues that warehouse-automation demand and Symbotic’s Walmart-driven growth may be undervalued after the stock’s roughly 40% year-to-date decline. This could encourage bargain hunting, although the thesis depends on continued execution and improving profitability. Symbotic Could Be Undervalued on Warehouse Automation Demand
• Neutral Sentiment: Symbotic will report fourth-quarter and fiscal-year 2026 results after the market close on November 23, followed by a 5:00 p.m. ET webcast. Investors may remain cautious ahead of the report, which should provide updates on growth, margins and the Walmart expansion. Symbotic Announces Fiscal 2026 Results Date
• Negative Sentiment: Multiple executives and insiders, including the CFO, CTO, SVPs and William Boyd III, disclosed stock sales. The filings indicate the transactions were primarily intended to cover tax withholding on vested equity awards, reducing their significance as a confidence signal, but the cluster of sales may weigh on sentiment.
• Negative Sentiment: SYM remains below its 50-day and 200-day moving averages and trades at a very high earnings multiple. Investors are also focused on the company’s previous quarterly EPS miss despite revenue exceeding estimates, increasing sensitivity to execution and profitability risks.

Symbotic Company Profile

Symbotic Inc is an automation technology company that develops artificial intelligence-enabled robotics and software for supply chain and warehouse operations. Its systems are designed to automate the movement, storage, retrieval and replenishment of pallets and cases within large distribution centers, helping customers manage inventory and fulfill orders more efficiently.

The company’s platform combines mobile robots, automated storage and retrieval systems, robotic palletizing and depalletizing equipment, and warehouse-control software.