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.
Markets have hit shares of robotic warehouse systems company Symbotic NASDAQ: SYM hard over the past 52 weeks. Shares of the industrials stock have lost nearly 37% of their value as of the Feb. 13 close.
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's Q1 results and forward guidance were disappointing, with stagnant system deployments and backlog as particular points of concern. Symbotic's revenue is extremely concentrated, and the recent acquisition of Walmart's robotics business will only exacerbate this. Symbotic's valuation is still high given its slowing growth, low margins, and dependence on Walmart.
Symbotic, Inc. (NASDAQ:SYM ) Q1 2025 Results Conference Call February 5, 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 Nicole DeBlase - Deutsche Bank Andrew Kaplowitz - Citigroup Damian Karas - UBS Joe Giordano - TD Cowen Ross Sparenblek - William Blair Colin Rusch - Oppenheimer Mike Latimore - Northland Capital Markets Derek Soderberg - Cantor Fitzgerald Greg Palm - Craig-Hallum Rob Mason - Baird Ken Newman - KeyBanc Capital Markets Will Bryant - Goldman Sachs Guy Hardwick - Freedom Capital Markets Robert Jamieson - Vertical Research Partners Operator Hello, and welcome to Symbotic First Quarter 2025 Financial Results Conference Call. At this time, all participants are in a listen-only mode.