Q1 Earnings Estimate for Symbotic Issued By William Blair

Symbotic Inc. (NASDAQ:SYM) – Research analysts at William Blair issued their Q1 2025 EPS estimates for shares of Symbotic in a research report issued on Thursday, December 5th. William Blair analyst R. Sparenblek expects that the company will post earnings per share of ($0.03) for the quarter. William Blair has a “Market Perform” rating on the stock. The consensus estimate for Symbotic’s current full-year earnings is $0.12 per share. William Blair also issued estimates for Symbotic’s FY2025 earnings at ($0.01) EPS and FY2026 earnings at $0.16 EPS.

Symbotic (NASDAQ:SYM) last announced its quarterly earnings results on Monday, November 18th. The company reported $0.05 earnings per share for the quarter, meeting the consensus estimate of $0.05. Symbotic had a negative net margin of 0.32% and a positive return on equity of 6.49%. The business had revenue of $576.77 million for the quarter, compared to analysts’ expectations of $470.24 million. During the same quarter last year, the firm earned ($0.08) EPS. The firm’s revenue for the quarter was up 47.2% compared to the same quarter last year.

SYM has been the subject of several other research reports. Northland Securities increased their price objective on shares of Symbotic from $50.00 to $53.00 and gave the company an “outperform” rating in a research note on Tuesday, November 19th. DA Davidson lowered shares of Symbotic from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $50.00 to $35.00 in a research note on Wednesday, November 27th. Craig Hallum lowered shares of Symbotic from a “buy” rating to a “hold” rating and set a $25.00 price objective for the company. in a research note on Wednesday, November 27th. BWS Financial reiterated a “sell” rating and issued a $10.00 price objective on shares of Symbotic in a research note on Tuesday, November 19th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $60.00 price objective on shares of Symbotic in a research note on Tuesday, November 19th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, Symbotic presently has an average rating of “Moderate Buy” and an average price target of $42.54.

Symbotic Stock Performance

NASDAQ:SYM opened at $26.76 on Monday. The firm has a market cap of $15.67 billion, a price-to-earnings ratio of -446.00 and a beta of 1.73. Symbotic has a 52 week low of $17.11 and a 52 week high of $58.28. The firm has a 50-day moving average price of $29.36 and a two-hundred day moving average price of $29.60.

Insider Activity at Symbotic

In other Symbotic news, insider William M. Boyd III sold 8,826 shares of the firm’s stock in a transaction on Monday, October 28th. The shares were sold at an average price of $28.33, for a total value of $250,040.58. Following the completion of the transaction, the insider now directly owns 23,012 shares of the company’s stock, valued at $651,929.96. This trade represents a 27.72 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Michael David Dunn sold 5,266 shares of the firm’s stock in a transaction on Wednesday, October 2nd. The shares were sold at an average price of $23.81, for a total transaction of $125,383.46. Following the completion of the transaction, the insider now directly owns 85,224 shares of the company’s stock, valued at approximately $2,029,183.44. The trade was a 5.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 47,878 shares of company stock worth $1,340,556. Corporate insiders own 38.30% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Canada Pension Plan Investment Board lifted its holdings in shares of Symbotic by 191.5% during the 2nd quarter. Canada Pension Plan Investment Board now owns 775,900 shares of the company’s stock worth $27,281,000 after acquiring an additional 509,700 shares during the last quarter. Comerica Bank lifted its holdings in shares of Symbotic by 1,347.0% during the 1st quarter. Comerica Bank now owns 16,641 shares of the company’s stock worth $749,000 after acquiring an additional 15,491 shares during the last quarter. Baillie Gifford & Co. lifted its holdings in shares of Symbotic by 32.0% during the 3rd quarter. Baillie Gifford & Co. now owns 14,070,999 shares of the company’s stock worth $343,192,000 after acquiring an additional 3,410,050 shares during the last quarter. Millennium Management LLC lifted its holdings in shares of Symbotic by 6,694.5% during the 2nd quarter. Millennium Management LLC now owns 335,649 shares of the company’s stock worth $11,801,000 after acquiring an additional 330,709 shares during the last quarter. Finally, Ensign Peak Advisors Inc lifted its holdings in shares of Symbotic by 3,622.4% during the 2nd quarter. Ensign Peak Advisors Inc now owns 193,678 shares of the company’s stock worth $6,810,000 after acquiring an additional 188,475 shares during the last quarter.

Symbotic Company Profile

Symbotic Inc, an automation technology company, engages in developing technologies to improve operating efficiencies in modern warehouses. The company automates the processing of pallets and cases in large warehouses or distribution centers for retail companies. Its systems enhance operations at the front end of the supply chain.