Symbotic (SYM) Expected to Announce Earnings on Wednesday

Symbotic (NASDAQ:SYM) is projected to release its Q2 2026 results after the market closes on Wednesday, May 6th. Analysts expect Symbotic to post earnings of $0.11 per share and revenue of $662.6550 million for the quarter. Parties may visit the the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Wednesday, May 6, 2026 at 5:00 PM ET.

Symbotic (NASDAQ:SYM) last announced its quarterly 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 for 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 1.88%. The company’s revenue for the quarter was up 29.4% on a year-over-year basis. During the same period in the prior year, the business earned ($0.03) earnings per share. On average, analysts expect Symbotic to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Symbotic Price Performance

NASDAQ:SYM opened at $58.89 on Monday. The firm has a market cap of $35.46 billion, a PE ratio of -588.84, a price-to-earnings-growth ratio of 5.90 and a beta of 2.03. Symbotic has a 12 month low of $21.89 and a 12 month high of $87.88. The company’s 50-day moving average price is $54.62 and its two-hundred day moving average price is $60.92.

Insider Activity at Symbotic

In related news, CTO James Kuffner sold 19,729 shares of Symbotic stock in a transaction on Friday, April 24th. The stock was sold at an average price of $59.82, for a total transaction of $1,180,188.78. Following the completion of the sale, the chief technology officer directly owned 179,255 shares of the company’s stock, valued at $10,723,034.10. The trade was a 9.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Todd Krasnow sold 2,000 shares of the company’s stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $53.27, for a total value of $106,540.00. Following the completion of the sale, the director owned 10,345 shares of the company’s stock, valued at $551,078.15. This represents a 16.20% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 153,581 shares of company stock worth $8,881,717. 8.16% of the stock is owned by company insiders.

Hedge Funds Weigh In On Symbotic

Several institutional investors have recently modified their holdings of the stock. Morgan Stanley increased its stake in shares of Symbotic by 85.4% in the 4th quarter. Morgan Stanley now owns 2,530,874 shares of the company’s stock valued at $150,587,000 after acquiring an additional 1,165,513 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in Symbotic by 51,346.1% during the 4th quarter. JPMorgan Chase & Co. now owns 2,174,372 shares of the company’s stock worth $129,375,000 after buying an additional 2,178,615 shares during the period. UBS Group AG lifted its position in Symbotic by 22.3% in the 3rd quarter. UBS Group AG now owns 1,105,770 shares of the company’s stock valued at $59,601,000 after acquiring an additional 201,547 shares in the last quarter. Ghisallo Capital Management LLC bought a new stake in shares of Symbotic in the fourth quarter valued at about $63,034,000. Finally, Renaissance Technologies LLC lifted its stake in Symbotic by 24.4% in the 4th quarter. Renaissance Technologies LLC now owns 905,700 shares of the company’s stock valued at $53,889,000 after acquiring an additional 177,800 shares in the last quarter.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Northland Securities set a $73.00 target price on shares of Symbotic in a research note on Thursday, February 5th. Barclays raised their price target on Symbotic from $42.00 to $44.00 and gave the company an “underweight” rating in a report on Monday, March 16th. Wall Street Zen downgraded Symbotic from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Citigroup reissued an “outperform” rating on shares of Symbotic in a research note on Thursday, February 5th. Finally, DA Davidson upgraded Symbotic from a “neutral” rating to a “buy” rating and increased their target price for the stock from $57.00 to $70.00 in a report on Wednesday, April 15th. Seven equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Symbotic currently has an average rating of “Hold” and an average price target of $65.62.

About Symbotic

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.