The headline numbers for SYMBOTIC INC (SYM) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Symbotic Inc. (SYM) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to loss of $0.02 per share a year ago.
SYM's top-line results for the first quarter of fiscal 2025 are likely to reflect gains from the partnership with Walmex and backlog conversion.
Symbotic Inc. (SYM) closed at $29.26 in the latest trading session, marking a -1.01% move from the prior day.
SYMBOTIC INC (SYM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
SYMBOTIC INC (SYM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Symbotic (SYM -4.03%) stock surged by double-digit percentages for the second straight week, jumping 14.2% this week at its highest point in trading through 2 p.m. ET Friday, according to data provided by S&P Global Market Intelligence.
Symbotic's fiscal 2024 revenue surged 52% to $1.78 billion, with adjusted EBITDA improving significantly, indicating strong growth potential despite current GAAP net losses. The acquisition of Walmart's Advanced Systems and Robotics Business deepens Symbotic's relationship with Walmart, potentially adding $5 billion to its backlog and expanding its market. Symbotic's massive $22.4 billion backlog and strategic expansions into new industries and international markets highlight its long-term growth potential.
Symbotic's stock has shown significant volatility, rising 28% after a favorable Q4 2024 report and dropping 36% due to revenue recognition issues. The stock surged 12% on January 16, 2025, following the acquisition of Walmart's Advanced Systems and Robotics business. The company has a significant customer concentration risk.
SYMBOTIC INC (SYM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
SYMBOTIC INC (SYM) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Symbotic (SYM 21.44%) stock is seeing huge gains in Thursday's trading. The automation and robotics company's share price was up 20.7% as of 2 p.m.