Symbotic Inc. (SYM) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of $0.05. This compares to earnings of $0.22 per share a year ago.
Robust growth in systems revenues is anticipated to have benefited SYM's top line in the second quarter of fiscal 2025.
Symbotic (NASDAQ:SYM) has seen significant growth but is currently down 43% over the past year, with the recent Q1 earnings miss contributing to a 9.8% drop. Despite long-term growth potential in AI-powered warehouse management, I rate Symbotic as a HOLD due to current overvaluation and reliance on a undiversified customer portfolio. The company's revenue has grown impressively over the past five years, but profitability remains elusive, with a net income of -$13 million in 2024.
Recently, Zacks.com users have been paying close attention to SYMBOTIC INC (SYM). This makes it worthwhile to examine what the stock has in store.
The latest trading day saw Symbotic Inc. (SYM) settling at $20.41, representing a +0.79% change from its previous close.
SYMBOTIC INC (SYM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Zacks.com users have recently been watching SYMBOTIC INC (SYM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Symbotic Inc. (SYM) closed the most recent trading day at $21.65, moving +0.7% from the previous trading session.
SYMBOTIC INC (SYM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Symbotic (SYM 6.06%) is helping companies like Walmart (WMT -3.08%) automate operations using artificial intelligence and robotics.
Given the decrease in SYM's share price, we analyze its current position to determine whether investors should go for it or let it go.
Zacks.com users have recently been watching SYMBOTIC INC (SYM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.