Q1 Earnings Estimate for Symbotic Issued By William Blair

Symbotic Inc. (NASDAQ:SYM) – Stock analysts at William Blair issued their Q1 2025 earnings per share estimates for shares of Symbotic in a report issued on Thursday, December 5th. William Blair analyst R. Sparenblek anticipates that the company will post earnings of ($0.03) per share for the quarter. William Blair currently has a “Market Perform” rating on the stock. The consensus estimate for Symbotic’s current full-year earnings is $0.14 per share. William Blair also issued estimates for Symbotic’s FY2025 earnings at ($0.01) EPS and FY2026 earnings at $0.16 EPS.

A number of other brokerages have also recently weighed in on SYM. Needham & Company LLC reduced their price target 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. Craig Hallum lowered shares of Symbotic from a “buy” rating to a “hold” rating and set a $25.00 target price on the stock. in a report on Wednesday, November 27th. The Goldman Sachs Group decreased their price target on shares of Symbotic from $34.00 to $28.00 and set a “neutral” rating for the company in a research report on Wednesday, December 4th. KeyCorp reissued a “sector weight” rating on shares of Symbotic in a research report on Wednesday, November 27th. Finally, DA Davidson downgraded Symbotic from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $50.00 to $35.00 in a research report on Wednesday, November 27th. 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. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $42.54.

Symbotic Stock Up 0.1 %

Shares of NASDAQ SYM opened at $27.95 on Monday. The stock has a market capitalization of $16.37 billion, a PE ratio of -465.83 and a beta of 1.73. The firm has a fifty day moving average of $29.22 and a 200-day moving average of $29.79. Symbotic has a 52-week low of $17.11 and a 52-week high of $58.28.

Symbotic (NASDAQ:SYM) last released its quarterly earnings results on Monday, November 18th. The company reported $0.05 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.05. The company had revenue of $576.77 million during the quarter, compared to analysts’ expectations of $470.24 million. Symbotic had a positive return on equity of 6.54% and a negative net margin of 0.32%. The business’s revenue for the quarter was up 47.2% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.08) earnings per share.

Institutional Trading of Symbotic

Institutional investors and hedge funds have recently modified their holdings of the company. Baillie Gifford & Co. grew its holdings in Symbotic by 32.0% in the 3rd quarter. Baillie Gifford & Co. now owns 14,070,999 shares of the company’s stock valued at $343,192,000 after buying an additional 3,410,050 shares during the last quarter. Canada Pension Plan Investment Board grew its stake in shares of Symbotic by 191.5% in the second quarter. Canada Pension Plan Investment Board now owns 775,900 shares of the company’s stock worth $27,281,000 after acquiring an additional 509,700 shares during the last quarter. Exchange Traded Concepts LLC increased its position in Symbotic by 76.8% during the third quarter. Exchange Traded Concepts LLC now owns 873,987 shares of the company’s stock worth $21,317,000 after acquiring an additional 379,726 shares during the period. Millennium Management LLC raised its stake in Symbotic by 6,694.5% during the 2nd quarter. Millennium Management LLC now owns 335,649 shares of the company’s stock valued at $11,801,000 after purchasing an additional 330,709 shares during the last quarter. Finally, Thematics Asset Management raised its stake in Symbotic by 30.1% during the 3rd quarter. Thematics Asset Management now owns 1,048,170 shares of the company’s stock valued at $25,565,000 after purchasing an additional 242,661 shares during the last quarter.

Insider Activity at Symbotic

In other Symbotic news, Director Todd Krasnow sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $23.96, for a total value of $47,920.00. Following the completion of the sale, the director now directly owns 2,000 shares of the company’s stock, valued at $47,920. The trade was a 50.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Carol J. Hibbard sold 22,821 shares of Symbotic stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $28.96, for a total transaction of $660,896.16. Following the completion of the sale, the chief financial officer now directly owns 34,188 shares of the company’s stock, valued at approximately $990,084.48. The trade was a 40.03 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 47,878 shares of company stock worth $1,340,556. 38.30% of the stock is owned by corporate insiders.

Symbotic Company Profile

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.