Symbotic Inc. (NASDAQ:SYM) Receives $65.62 Average Price Target from Analysts

Symbotic Inc. (NASDAQ:SYM) has earned an average recommendation of “Hold” from the sixteen brokerages that are currently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $65.6154.

Several research firms recently issued reports on SYM. Wall Street Zen lowered shares of Symbotic from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Citigroup reissued an “outperform” rating on shares of Symbotic in a research report on Thursday, February 5th. DA Davidson raised shares of Symbotic from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $57.00 to $70.00 in a research report on Wednesday, April 15th. UBS Group set a $70.00 target price on shares of Symbotic in a research report on Wednesday, February 18th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Symbotic in a research note on Tuesday, April 21st.

Key Stories Impacting Symbotic

Here are the key news stories impacting Symbotic this week:

• Positive Sentiment: Symbotic reported strong fiscal Q2 results, with revenue up about 23% year over year to roughly $676 million and a return to net income, while adjusted EBITDA more than doubled. Those results suggest improving operating leverage and support the bullish view on its warehouse automation growth story. Symbotic Reports Second Quarter Fiscal Year 2026 Results
• Positive Sentiment: Management also issued third-quarter revenue guidance of about $700 million to $720 million, which came in above market expectations and should help reinforce confidence in near-term demand and execution. Symbotic Reports Second Quarter Fiscal Year 2026 Results
• Positive Sentiment: Analysts remain constructive overall despite mixed opinions, with recent upgrades and higher price targets keeping attention on Symbotic’s automation platform and long-term growth potential. Analysts’ Opinions Are Mixed on These Industrial Goods Stocks
• Neutral Sentiment: A director sold 2,000 shares under a pre-arranged 10b5-1 plan. The sale was small and routine, so it is unlikely to be a major fundamental signal, though traders may still notice it. Symbotic Director Sells Stock
• Negative Sentiment: Despite the strong top-line growth, some earnings coverage still highlights that Symbotic’s valuation is demanding and that profitability remains a key watch item, which can limit upside after a big multi-year run. Is It Too Late To Consider Symbotic After Its Strong Multi Year Share Price Run

Insider Transactions at Symbotic

In other Symbotic news, insider Maria G. Freve sold 2,265 shares of the firm’s stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $57.72, for a total value of $130,735.80. Following the sale, the insider owned 739 shares of the company’s stock, valued at $42,655.08. This trade represents a 75.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider William M. Boyd III sold 9,194 shares of the firm’s stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $58.75, for a total value of $540,147.50. Following the completion of the sale, the insider directly owned 62,227 shares in the company, valued at $3,655,836.25. This trade represents a 12.87% 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. Over the last three months, insiders have sold 157,581 shares of company stock worth $9,113,457. Insiders own 8.16% of the company’s stock.

Institutional Investors Weigh In On Symbotic

Several hedge funds have recently made changes to their positions in the stock. Centerpoint Advisors LLC lifted its stake in shares of Symbotic by 16.7% in the third quarter. Centerpoint Advisors LLC now owns 1,400 shares of the company’s stock valued at $75,000 after buying an additional 200 shares during the period. Federation des caisses Desjardins du Quebec lifted its stake in shares of Symbotic by 5.2% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 4,493 shares of the company’s stock valued at $267,000 after buying an additional 224 shares during the period. Barton Investment Management lifted its stake in shares of Symbotic by 0.8% in the fourth quarter. Barton Investment Management now owns 30,658 shares of the company’s stock valued at $1,824,000 after buying an additional 233 shares during the period. The Manufacturers Life Insurance Company lifted its stake in shares of Symbotic by 2.1% in the fourth quarter. The Manufacturers Life Insurance Company now owns 11,375 shares of the company’s stock valued at $677,000 after buying an additional 236 shares during the period. Finally, Parallel Advisors LLC lifted its stake in shares of Symbotic by 67.3% in the fourth quarter. Parallel Advisors LLC now owns 619 shares of the company’s stock valued at $37,000 after buying an additional 249 shares during the period.

Symbotic Trading Down 7.3%

SYM stock opened at $52.29 on Tuesday. Symbotic has a 1 year low of $23.59 and a 1 year high of $87.88. The company has a fifty day simple moving average of $54.84 and a 200 day simple moving average of $60.63. The firm has a market cap of $31.49 billion, a PE ratio of -1,045.59, a PEG ratio of 5.24 and a beta of 2.03.

Symbotic (NASDAQ:SYM) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.11). Symbotic had a negative net margin of 0.20% and a negative return on equity of 0.68%. The business had revenue of $676.48 million during the quarter, compared to analyst estimates of $662.66 million. During the same period in the previous year, the firm posted ($0.04) EPS. The firm’s revenue for the quarter was up 23.1% on a year-over-year basis. As a group, analysts forecast that Symbotic will post 0.33 EPS for the current fiscal year.

About Symbotic

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.