Symbotic (SYM) Expected to Post Earnings on Wednesday

Symbotic (NASDAQ:SYMGet Free Report) is anticipated to announce its Q3 2026 results after the market closes on Wednesday, August 5th. Analysts expect Symbotic to post earnings of $0.1311 per share and revenue of $715.0340 million for the quarter. Investors may visit the the company’s upcoming Q3 2026 earning overview page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 5:00 PM ET.

Symbotic (NASDAQ:SYMGet Free Report) last released its earnings results on Wednesday, May 6th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.11). The firm had revenue of $676.48 million for the quarter, compared to analyst estimates of $662.65 million. Symbotic had a negative return on equity of 0.68% and a negative net margin of 0.20%.The firm’s revenue was up 23.1% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.04) EPS. On average, analysts expect Symbotic to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Symbotic Trading Up 6.5%

Shares of NASDAQ SYM opened at $45.85 on Tuesday. The business has a fifty day simple moving average of $43.27 and a 200 day simple moving average of $51.19. The firm has a market capitalization of $27.63 billion, a price-to-earnings ratio of -916.82, a PEG ratio of 6.35 and a beta of 1.94. Symbotic has a one year low of $38.19 and a one year high of $87.88.

Insider Activity at Symbotic

In other news, insider William M. Boyd III sold 9,194 shares of the company’s stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $41.04, for a total value of $377,321.76. Following the transaction, the insider owned 57,112 shares of the company’s stock, valued at approximately $2,343,876.48. This represents a 13.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO James Kuffner sold 18,987 shares of Symbotic stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $40.38, for a total value of $766,695.06. Following the sale, the chief technology officer directly owned 214,062 shares of the company’s stock, valued at approximately $8,643,823.56. The trade was a 8.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 111,970 shares of company stock valued at $5,329,876. Insiders own 8.16% of the company’s stock.

Institutional Investors Weigh In On Symbotic

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

Analyst Ratings Changes

A number of equities analysts have commented on SYM shares. The Goldman Sachs Group reduced their price target on shares of Symbotic from $54.00 to $45.00 and set a “sell” rating on the stock in a research report on Tuesday, May 26th. Zacks Research downgraded Symbotic from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 7th. DA Davidson reiterated a “buy” rating and issued a $70.00 price target on shares of Symbotic in a research report on Monday, May 11th. Finally, Weiss Ratings lowered shares of Symbotic from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, May 11th. Seven analysts have rated the stock with a Buy rating, three have given a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $66.50.

View Our Latest Stock Report on SYM

About Symbotic

(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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Earnings History for Symbotic (NASDAQ:SYM)

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