Symbotic (NASDAQ:SYM) Issues Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Symbotic (NASDAQ:SYM) posted its quarterly earnings data on Wednesday. The company reported ($0.03) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.01, Zacks reports. Symbotic had a negative net margin of 0.32% and a positive return on equity of 6.49%. Symbotic updated its Q2 2025 guidance to EPS.

Symbotic Stock Performance

NASDAQ SYM opened at $30.92 on Thursday. Symbotic has a one year low of $17.11 and a one year high of $50.40. The firm has a 50 day simple moving average of $26.97 and a 200-day simple moving average of $26.79. The firm has a market cap of $18.16 billion, a price-to-earnings ratio of -515.33, a PEG ratio of 7.29 and a beta of 1.79.

Analysts Set New Price Targets

SYM has been the subject of a number of research reports. Raymond James cut shares of Symbotic from an “outperform” rating to a “market perform” rating in a research note on Thursday. KeyCorp reiterated a “sector weight” rating on shares of Symbotic in a research note on Wednesday, November 27th. Northland Securities raised their target price on Symbotic from $35.00 to $41.00 and gave the company an “outperform” rating in a research report on Friday, January 17th. Craig Hallum cut Symbotic from a “buy” rating to a “hold” rating and set a $25.00 price target for the company. in a research report on Wednesday, November 27th. Finally, The Goldman Sachs Group lowered their target price on shares of Symbotic from $34.00 to $28.00 and set a “neutral” rating on the stock in a research note on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $38.73.

Insiders Place Their Bets

In related news, CFO Carol J. Hibbard sold 4,055 shares of the company’s stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $30.70, for a total transaction of $124,488.50. Following the sale, the chief financial officer now directly owns 44,386 shares in the company, valued at approximately $1,362,650.20. This represents a 8.37 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Michael David Dunn sold 1,971 shares of Symbotic stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $30.00, for a total transaction of $59,130.00. Following the completion of the transaction, the insider now owns 22,301 shares of the company’s stock, valued at $669,030. This represents a 8.12 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 94,007 shares of company stock worth $2,827,909 in the last ninety days. 0.60% 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.