Symbotic (NASDAQ:SYM) Shares Up 2% Following Analyst Upgrade

Symbotic Inc. (NASDAQ:SYM)’s stock price was up 2% on Thursday after Zacks Research upgraded the stock from a strong sell rating to a hold rating. The stock traded as high as $56.32 and last traded at $55.08. Approximately 1,305,958 shares were traded during trading, a decline of 39% from the average daily volume of 2,146,724 shares. The stock had previously closed at $54.01.

Other equities research analysts have also recently issued reports about the company. Oppenheimer reiterated an “outperform” rating and issued a $83.00 price target on shares of Symbotic in a research note on Tuesday, November 25th. DA Davidson increased their price objective on shares of Symbotic from $53.00 to $57.00 and gave the company a “neutral” rating in a research report on Monday, February 9th. Wall Street Zen raised shares of Symbotic from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Cantor Fitzgerald raised their price target on shares of Symbotic from $60.00 to $82.00 and gave the stock an “overweight” rating in a report on Tuesday, November 25th. Finally, Robert W. Baird boosted their price objective on shares of Symbotic from $55.00 to $58.00 and gave the company a “neutral” rating in a report on Wednesday, November 26th. Six research analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $60.57.

Insider Activity at Symbotic

In other news, Director Rollin L. Ford sold 60,000 shares of the business’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $57.51, for a total value of $3,450,600.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider William M. Boyd III sold 15,000 shares of the company’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $69.00, for a total value of $1,035,000.00. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 7,204,212 shares of company stock valued at $385,123,962 over the last ninety days. Corporate insiders own 8.16% of the company’s stock.

Key Headlines Impacting Symbotic

Here are the key news stories impacting Symbotic this week:

• Positive Sentiment: KeyBanc/KeyCorp raised expectations and published bullish forward estimates (K. Newman sees Q1 2028 ~ $0.59 EPS and FY2028 ~ $3.12 EPS), and KeyBanc upgraded the stock — a catalyst that supports a higher medium‑term earnings trajectory and underpins analyst-driven buying. KeyBanc upgrades Symbotic (SYM)
• Neutral Sentiment: Zacks moved its rating from “strong sell” to “hold,” and several brokerages now show a consensus “hold.” These changes reduce bearish pressure but stop short of a clear buy signal, leaving sentiment mixed. Zacks Research Brokerage Consensus: Hold
• Negative Sentiment: A senior insider, Maria G. Freve (VP, Controller & CAO), sold 8,306 shares (~93.9% of her direct holdings) in late January for roughly $457.7k, materially reducing her direct stake — a signal some investors interpret as a near‑term selling cue. Symbotic Insider Sells 8,306 Shares

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada raised its holdings in shares of Symbotic by 28.8% during the first quarter. Royal Bank of Canada now owns 84,856 shares of the company’s stock valued at $1,714,000 after acquiring an additional 18,967 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Symbotic by 15.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 84,899 shares of the company’s stock worth $1,716,000 after purchasing an additional 11,098 shares in the last quarter. Vanguard Personalized Indexing Management LLC acquired a new position in Symbotic in the 2nd quarter valued at $205,000. CWM LLC raised its stake in Symbotic by 336.7% in the 2nd quarter. CWM LLC now owns 11,363 shares of the company’s stock valued at $441,000 after purchasing an additional 8,761 shares during the last quarter. Finally, 180 Wealth Advisors LLC lifted its holdings in Symbotic by 9.1% in the 2nd quarter. 180 Wealth Advisors LLC now owns 58,521 shares of the company’s stock valued at $2,274,000 after purchasing an additional 4,901 shares in the last quarter.

Symbotic Stock Performance

The company has a market cap of $32.39 billion, a price-to-earnings ratio of -537.85, a PEG ratio of 7.34 and a beta of 2.13. The firm’s 50 day simple moving average is $60.67 and its 200-day simple moving average is $60.56.

Symbotic (NASDAQ:SYM) last posted its quarterly earnings results on Wednesday, February 4th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.06). Symbotic had a negative return on equity of 1.88% and a negative net margin of 0.45%.The business had revenue of $629.99 million during the quarter, compared to analysts’ expectations of $622.58 million. During the same period in the prior year, the business posted ($0.03) earnings per share. The business’s quarterly revenue was up 29.4% on a year-over-year basis. As a group, sell-side analysts expect that Symbotic Inc. will post 0.13 EPS for the current fiscal year.

Symbotic Company Profile

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.