Symbotic’s (SYM) Market Perform Rating Reiterated at William Blair

William Blair reaffirmed their market perform rating on shares of Symbotic (NASDAQ:SYM) in a research report sent to investors on Thursday,RTT News reports. William Blair also issued estimates for Symbotic’s Q2 2025 earnings at $0.00 EPS, Q3 2025 earnings at $0.00 EPS and Q4 2025 earnings at $0.03 EPS.

Several other analysts have also issued reports on the company. The Goldman Sachs Group cut their price objective on Symbotic from $34.00 to $28.00 and set a “neutral” rating for the company in a research report on Wednesday. TD Cowen increased their price target on Symbotic from $43.00 to $50.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. KeyCorp reaffirmed a “sector weight” rating on shares of Symbotic in a research report on Wednesday, November 27th. Needham & Company LLC dropped their price objective on shares of Symbotic from $46.00 to $35.00 and set a “buy” rating on the stock in a research report on Wednesday, November 27th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $60.00 target price on shares of Symbotic in a report on Tuesday, November 19th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Symbotic currently has a consensus rating of “Moderate Buy” and a consensus target price of $42.54.

Symbotic Stock Up 0.1 %

Shares of Symbotic stock opened at $27.95 on Thursday. The stock has a market cap of $16.37 billion, a P/E ratio of -465.83 and a beta of 1.73. Symbotic has a 12-month low of $17.11 and a 12-month high of $58.28. The business’s 50 day moving average is $29.22 and its 200-day moving average is $29.88.

Symbotic (NASDAQ:SYM) last posted its quarterly earnings results on Monday, November 18th. The company reported $0.05 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.05. Symbotic had a negative net margin of 0.32% and a positive return on equity of 6.54%. The firm had revenue of $576.77 million for the quarter, compared to analyst estimates of $470.24 million. During the same period in the prior year, the firm posted ($0.08) earnings per share. The company’s quarterly revenue was up 47.2% compared to the same quarter last year. On average, sell-side analysts expect that Symbotic will post 0.14 EPS for the current year.

Insider Activity

In related news, insider William M. Boyd III sold 8,826 shares of the firm’s stock in a transaction on Monday, October 28th. The stock was sold at an average price of $28.33, for a total value of $250,040.58. Following the transaction, the insider now owns 23,012 shares in the company, valued at approximately $651,929.96. This trade represents a 27.72 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Carol J. Hibbard sold 22,821 shares of the company’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $28.96, for a total transaction of $660,896.16. Following the sale, the chief financial officer now directly owns 34,188 shares of the company’s stock, valued at $990,084.48. This represents a 40.03 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 47,878 shares of company stock worth $1,340,556. Corporate insiders own 38.30% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in SYM. Baillie Gifford & Co. lifted its stake in Symbotic by 32.0% during the third quarter. Baillie Gifford & Co. now owns 14,070,999 shares of the company’s stock worth $343,192,000 after purchasing an additional 3,410,050 shares during the last quarter. Thematics Asset Management lifted its position in shares of Symbotic by 30.1% during the 3rd quarter. Thematics Asset Management now owns 1,048,170 shares of the company’s stock worth $25,565,000 after buying an additional 242,661 shares during the last quarter. Exchange Traded Concepts LLC lifted its position in shares of Symbotic by 76.8% during the 3rd quarter. Exchange Traded Concepts LLC now owns 873,987 shares of the company’s stock worth $21,317,000 after buying an additional 379,726 shares during the last quarter. Canada Pension Plan Investment Board boosted its stake in Symbotic by 191.5% in the second quarter. Canada Pension Plan Investment Board now owns 775,900 shares of the company’s stock valued at $27,281,000 after buying an additional 509,700 shares in the last quarter. Finally, Raymond James & Associates grew its position in Symbotic by 8.4% in the second quarter. Raymond James & Associates now owns 668,103 shares of the company’s stock valued at $23,491,000 after acquiring an additional 51,712 shares during the last quarter.

About Symbotic

Symbotic Inc, an automation technology company, engages in developing technologies to improve operating efficiencies in modern warehouses. The company automates the processing of pallets and cases in large warehouses or distribution centers for retail companies. Its systems enhance operations at the front end of the supply chain.