Key Points
- Insider sale: Director Todd Krasnow sold 4,000 shares on Feb. 2 at $53.73 for $214,920 and has sold additional 4,000-share tranches in Jan. and Dec., indicating meaningful insider selling activity.
- Mixed Q1 results but upgraded guidance: Symbotic reported $629.99M revenue (+29% YoY) and GAAP net income (~$13M) while EPS missed at $0.02, yet management raised Q2 revenue guidance to $650–$670M and Needham lifted its price target to $75.
- Ongoing risks: The stock trades at a premium with a wide analyst target spread and an average "Hold" rating, and the business faces customer-concentration and execution risks that could drive volatility.
Symbotic Inc. (NASDAQ:SYM - Get Free Report) Director Todd Krasnow sold 4,000 shares of the business's stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $53.73, for a total transaction of $214,920.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Todd Krasnow also recently made the following trade(s):
- On Monday, January 5th, Todd Krasnow sold 4,000 shares of Symbotic stock. The stock was sold at an average price of $68.63, for a total transaction of $274,520.00.
- On Wednesday, December 3rd, Todd Krasnow sold 4,000 shares of Symbotic stock. The shares were sold at an average price of $71.00, for a total value of $284,000.00.
Symbotic Trading Up 8.5%
Shares of NASDAQ SYM opened at $58.34 on Friday. The stock has a fifty day simple moving average of $62.90 and a two-hundred day simple moving average of $60.22. Symbotic Inc. has a 1-year low of $16.32 and a 1-year high of $87.88. The firm has a market cap of $34.51 billion, a price-to-earnings ratio of -575.05, a price-to-earnings-growth ratio of 15.17 and a beta of 2.13.
Symbotic (NASDAQ:SYM - Get Free Report) last issued its earnings results on Wednesday, February 4th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.06). The firm had revenue of $629.99 million during the quarter, compared to the consensus estimate of $622.58 million. Symbotic had a negative net margin of 0.45% and a negative return on equity of 2.42%. The business's quarterly revenue was up 29.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.03) earnings per share. Analysts forecast that Symbotic Inc. will post 0.13 EPS for the current year.
Wall Street Analyst Weigh In
Several equities analysts have recently weighed in on the stock. Weiss Ratings reiterated a "hold (c-)" rating on shares of Symbotic in a research note on Thursday, January 22nd. The Goldman Sachs Group reiterated a "sell" rating and issued a $50.00 price objective on shares of Symbotic in a research note on Thursday, January 15th. Northland Securities set a $73.00 target price on Symbotic in a research report on Thursday. Wall Street Zen raised Symbotic from a "sell" rating to a "hold" rating in a report on Sunday, November 30th. Finally, Needham & Company LLC lifted their price target on Symbotic from $70.00 to $75.00 and gave the company a "buy" rating in a research report on Thursday. Six analysts have rated the stock with a Buy rating, six have assigned a Hold rating and five have given a Sell rating to the company. According to MarketBeat.com, Symbotic currently has an average rating of "Hold" and an average price target of $57.36.
Get Our Latest Stock Analysis on SYM
Key Symbotic News
Here are the key news stories impacting Symbotic this week:
- Positive Sentiment: Q1 financial beat on revenue and profitability — Symbotic reported $630M revenue (+29% YoY), GAAP net income of $13M and a large jump in adjusted EBITDA, signaling margin improvement and operational leverage. GlobeNewswire: Q1 Results
- Positive Sentiment: Upgraded guidance for Q2 — management set Q2 revenue at $650M–$670M, above consensus, implying continued top-line momentum and supporting near-term upside. Seeking Alpha: Q2 Guidance
- Positive Sentiment: Analyst lift — Needham raised its price target to $75 and reiterated a buy, adding incremental bullishness to the stock narrative. The Fly: Needham PT Raise
- Neutral Sentiment: Earnings call / coverage — Transcripts and write-ups emphasize deployment efficiency gains, software gross margins (~73%) and faster system acceptance timelines; these operational details support the long-term thesis but require execution. MSN: Q1 Call Transcript
- Neutral Sentiment: Macro/industry tailwind — Analysts and commentators note an accelerating shift to warehouse automation (Amazon cited as a demand catalyst), which could expand addressable market but is not an immediate guaranteed revenue stream. Seeking Alpha: Automation Tailwind
- Negative Sentiment: EPS confusion/short-term earnings volatility — while revenue and adjusted metrics were strong, reported EPS missed some street estimates (EPS/mix of GAAP vs. adjusted measures caused confusion), contributing to mixed market reactions. QuiverQuant: Q1 Detail & EPS Note
- Negative Sentiment: Insider selling and concentration risk — recent director sales were disclosed and the business still derives a very large share of revenue from a small number of customers (Walmart concentration cited), which raises execution and client-risk concerns. SEC: Insider Sale Filing
- Negative Sentiment: High valuation and volatility risk — commentary highlights a premium valuation and wide analyst target spread; positive results reduce some risk but leave the stock exposed to sentiment swings if execution slips. Globe and Mail: Mixed Analyst Views
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in SYM. MAI Capital Management raised its position in shares of Symbotic by 833.3% in the third quarter. MAI Capital Management now owns 560 shares of the company's stock worth $30,000 after buying an additional 500 shares in the last quarter. IAG Wealth Partners LLC bought a new position in Symbotic in the 2nd quarter worth about $32,000. Ameriflex Group Inc. increased its stake in Symbotic by 1,500.0% in the 3rd quarter. Ameriflex Group Inc. now owns 704 shares of the company's stock worth $38,000 after acquiring an additional 660 shares during the last quarter. Gables Capital Management Inc. purchased a new stake in shares of Symbotic in the 2nd quarter valued at about $39,000. Finally, Strategic Advocates LLC bought a new stake in shares of Symbotic during the 3rd quarter valued at about $42,000.
Symbotic Company Profile
(
Get Free Report)
Symbotic Inc (NASDAQ: SYM) is a provider of advanced warehouse automation and robotics systems designed to improve throughput, space utilization and labor productivity in distribution centers and fulfillment operations. The company develops integrated hardware and software solutions that automate the storage, retrieval, sorting and palletizing of goods, positioning itself as a systems integrator for material handling challenges faced by large-scale retailers, wholesalers and third-party logistics providers.
Products and services typically include autonomous robotic vehicles and shuttle systems, automated storage-and-retrieval equipment, robotic picking and palletizing cells, conveyors and sortation, together with control and management software that coordinates fleet operations and inventory flow.
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