Symbotic (NASDAQ:SYM) Releases Earnings Results, Misses Estimates By $0.10 EPS

Symbotic (NASDAQ:SYM) released 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 return on equity of 1.88% and a negative net margin of 0.45%.

Symbotic Stock Up 5.3%

NASDAQ SYM traded up $3.08 during trading hours on Wednesday, reaching $61.16. 3,353,501 shares of the company were exchanged, compared to its average volume of 1,660,943. Symbotic has a 1 year low of $21.89 and a 1 year high of $87.88. The business’s 50 day simple moving average is $54.70 and its 200-day simple moving average is $60.79. The stock has a market capitalization of $36.83 billion, a P/E ratio of -611.54, a P/E/G ratio of 5.71 and a beta of 2.03.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Zacks Research upgraded shares of Symbotic from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 18th. Weiss Ratings restated a “hold (c-)” rating on shares of Symbotic in a report on Tuesday, April 21st. The Goldman Sachs Group restated a “sell” rating and set a $50.00 price objective on shares of Symbotic in a report on Thursday, January 15th. Northland Securities set a $73.00 price objective on shares of Symbotic in a report on Thursday, February 5th. Finally, DA Davidson upgraded shares of Symbotic from a “neutral” rating to a “buy” rating and increased their target price for the company from $57.00 to $70.00 in a report on Wednesday, April 15th. Seven research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $65.62.

Insider Buying and Selling at Symbotic

In related news, insider William M. Boyd III sold 9,194 shares of the firm’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 in the company, valued at approximately $3,655,836.25. This trade represents a 12.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Charles Kane sold 2,000 shares of the firm’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 owned 89,852 shares of the company’s stock, valued at $5,234,777.52. This trade represents a 2.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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 in the last three months. 8.16% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Symbotic

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Parkside Financial Bank & Trust boosted its position in Symbotic by 100.0% during the fourth quarter. Parkside Financial Bank & Trust now owns 536 shares of the company’s stock worth $32,000 after purchasing an additional 268 shares during the period. Quarry LP bought a new position in Symbotic during the fourth quarter worth about $36,000. Parallel Advisors LLC boosted its position in Symbotic by 67.3% during the fourth quarter. Parallel Advisors LLC now owns 619 shares of the company’s stock worth $37,000 after purchasing an additional 249 shares during the period. NewEdge Advisors LLC boosted its position in Symbotic by 81.5% during the second quarter. NewEdge Advisors LLC now owns 1,276 shares of the company’s stock worth $50,000 after purchasing an additional 573 shares during the period. Finally, Vestcor Inc bought a new position in Symbotic during the third quarter worth about $76,000.

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)

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.