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.
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.
For warehouse robotics company Symbotic NASDAQ: SYM, breaking records on important business metrics was key to its latest big post-earnings move. Symbotic shares saw a significant 6% rise after the industrial company's latest earnings report came out on May 7.
WILMINGTON, Mass., May 15, 2025 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.
Symbotic reported solid Q2 results, although growth was driven by the acquisition of Walmart's advanced systems and robotics business. Tariffs and fading fiscal stimulus could impact the willingness of customers to make large investments in the near term. Symbotic's business appears to be regaining momentum currently, though, with the company achieving strong system deployments and completions in Q2.
Symbotic, Inc. (NASDAQ:SYM ) Q2 2025 Earnings Conference Call May 7, 2025 5:00 PM ET Company Participants Charlie Anderson - Vice President, Investor Relations Rick Cohen - Chairman and Chief Executive Officer Carol Hibbard - Chief Financial Officer Conference Call Participants Andy Kaplowitz - Citi Nicole DeBlase - Deutsche Bank James Ricchiuti - Needham & Company Matt Somerville - D.A. Davidson Joe Giordano - TD Cowen Mark Delaney - Goldman Sachs Colin Rusch - Oppenheimer & Company Guy Hardwick - Freedom Capital Markets Derek Soderberg - Cantor Fitzgerald Ken Newman - KeyBanc Capital Markets Greg Palm - Craig Hallum Capital Group Robert Mason - Baird Operator Good day and thank you for standing by.
Although the revenue and EPS for SYMBOTIC INC (SYM) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
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.
WILMINGTON, Mass., May 07, 2025 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, announced financial results for its second quarter of fiscal year 2025, which ended on March 29, 2025. Symbotic posted revenue of $550 million, a net loss of $21 million and adjusted EBITDA1 of $35 million for the second quarter of fiscal year 2025.
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.