From what 0 stock analysts predict, the share price for Symbotic Inc. (SYM) might increase by 15.99% in the next year. This is based on a 12-month average estimation for SYM. Price targets go from $10 to $60. The majority of stock analysts believe SYM is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
SYM is a stock in Industrials which has been forecasted to be worth $39.38 as an average. On the higher end, the forecast price is $60 USD by Derek Soderberg from Cantor Fitzgerald and on the lower end SYM is forecasted to be $10 by Mark Delaney from Goldman Sachs.
These are the latest 20 analyst ratings of SYM.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Derek Soderberg Cantor Fitzgerald | Overweight | $60 | Reiterates | Oct 11, 2024 |
Hamed Khorsand BWS Financial | Sell | $10 | Maintains | Oct 11, 2024 |
Hamed Khorsand BWS Financial | Sell | $10 | Maintains | Sep 27, 2024 |
Mark Delaney Goldman Sachs | Neutral | $30 | Maintains | Jul 31, 2024 |
Robert Mason Baird | Outperform | $41 | Maintains | Jul 31, 2024 |
Nicole Deblase Deutsche Bank | Buy | $59 | Maintains | Jul 30, 2024 |
James Ricchiuti Needham | Buy | $40 | Maintains | Jul 30, 2024 |
Greg Palm Craig-Hallum | Buy | $45 | Maintains | Jul 30, 2024 |
Joseph Giordano TD Cowen | Buy | $43 | Maintains | Jul 30, 2024 |
Hamed Khorsand BWS Financial | Sell | $10 | Maintains | Jul 30, 2024 |
Itay Michaeli Citigroup | Buy | $49 | Maintains | Jul 30, 2024 |
Michael Latimore Northland Capital Markets | Outperform | $50 | Maintains | Jul 30, 2024 |
Ken Newman Keybanc | Overweight | $40 | Maintains | Jul 30, 2024 |
Derek Soderberg Cantor Fitzgerald | Overweight | $60 | Reiterates | Jul 30, 2024 |
Kevin McCarthy Vertical Research | Hold | $45 | Initiates | Jul 23, 2024 |
Hamed Khorsand BWS Financial | Sell | $10 | Initiates | Jul 22, 2024 |
Mark Delaney Goldman Sachs | Neutral | $40 | Maintains | Jul 10, 2024 |
Greg Palm Craig-Hallum | Buy | $60 | Maintains | May 8, 2024 |
Robert Mason Baird | Outperform | $53 | Maintains | May 7, 2024 |
James Ricchiuti Needham | Buy | $54 | Reiterates | May 7, 2024 |
When did it IPO
2022
Staff Count
1,300
Country
United States
Sector/Industry
Industrials/Specialty Industrial Machinery
CEO
Mr. Richard B. Cohen
Market Cap
$19.88B
In 2023, SYM generated $1.18B in revenue, which was a increase of 98.36% from the previous year. This can be seen as a signal that SYM's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Symbotic Inc. (SYM) closed at $29.96, up 1.49% from the previous trading day in the latest trading session.
Why It Matters - Symbotic Inc.'s 1.49% price increase signals positive market sentiment, which may attract more investors and indicate potential growth or stability in the company's performance.
Summary - Zacks.com users are closely monitoring SYMBOTIC INC (SYM), indicating increased interest in the stock. Investors may want to review its performance and outlook.
Why It Matters - Increased interest in SYMBOTIC INC indicates potential volatility or opportunity, prompting investors to analyze stock performance and market sentiment for strategic decisions.
Summary - Symbotic Inc. (Nasdaq: SYM), a leader in A.I., announced news on October 28, 2024, from Wilmington, Massachusetts. Further details were not provided in the excerpt.
Why It Matters - Symbotic's advancements in A.I. can enhance operational efficiency and drive growth, impacting its market position and potentially increasing stock value.
Summary - Bragar Eagel & Squire is investigating potential claims against Symbotic Inc. (NASDAQ: SYM) related to a class action filed on August 14, 2024, concerning fiduciary duties of the board.
Why It Matters - The investigation into Symbotic Inc. and potential breaches of fiduciary duties could impact stock performance, shareholder confidence, and future governance practices.
Summary - Symbotic Inc. (SYM) closed at $28.58, reflecting a 0.95% increase from the prior trading day.
Why It Matters - A 0.95% increase in Symbotic Inc.'s stock price suggests positive market sentiment and potential momentum, signaling confidence in the company's performance or outlook.
Summary - Symbotic Inc. (SYM) closed at $30.14, reflecting a 0.3% increase from the previous trading day.
Why It Matters - Symbotic Inc.'s slight price increase indicates market stability and potential investor confidence, which can impact future trading and investment decisions.