SYM stock icon

Symbotic
SYM

$41.44
4.84%

Market Cap: 4.23B

 

About: Symbotic Inc is an automation technology company that develops technologies to improve operating efficiencies in modern warehouses. The group develops, commercializes, and deploys innovative, end-to-end technology solutions that dramatically improve supply chain operations. Symbotic also automates the processing of pallets and cases in large warehouses or distribution centers for some of the retail and wholesale companies in the world. The company operates in two geographical regions the United States and Canada. Key revenue is generated from the United States.

Employees: 1,300

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 12 analysts
0
News positive %
of 17 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

177% more repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 31

66% more first-time investments, than exits

New positions opened: 83 | Existing positions closed: 50

55% more call options, than puts

Call options by funds: $86.4M | Put options by funds: $55.9M

17% more funds holding

Funds holding: 195 [Q4 2023] → 228 (+33) [Q1 2024]

1.55% more ownership

Funds ownership: 77.86% [Q4 2023] → 79.41% (+1.55%) [Q1 2024]

2% more capital invested

Capital invested by funds: $3.35B [Q4 2023] → $3.41B (+$60.9M) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 5 [Q4 2023] → 5 (+0) [Q1 2024]

Research analyst outlook

12 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$40
3%
downside
Avg. target
$54
29%
upside
High target
$60
45%
upside

12 analyst ratings

10 positive
83%
neutral
17%
negative
0%
Goldman Sachs
Mark Delaney
3%downside
$40
Neutral
Maintained
10 Jul 2024
Craig-Hallum
Greg Palm
45%upside
$60
Buy
Maintained
8 May 2024
Deutsche Bank
Nicole Deblase
40%upside
$58
Buy
Maintained
7 May 2024
Needham
James Ricchiuti
30%upside
$54
Buy
Reiterated
7 May 2024
Baird
Robert Mason
28%upside
$53
Outperform
Maintained
7 May 2024

Financial journalist opinion

Based on 17 articles about SYM published over the past 30 days