Symbotic

SYM

Market cap $7.63B

SYM trades near its 52-week high after a 204.5% surge this year, driven by strong backlog, solid guidance and a key robotics deal.

Robotics has spent decades trapped in the pilot-project phase. Companies ran tests, showcased demos, and projected massive returns that rarely materialized at scale.

The latest trading day saw Symbotic Inc. (SYM) settling at $63.8, representing a -4.98% change from its previous close.

Symbiotic (NASDAQ:SYM) shares have been hot of late, gaining around 172% year to date while shining a bright light on the emerging field of warehouse automation.

In the closing of the recent trading day, Symbotic Inc. (SYM) stood at $67.14, denoting a -2.46% move from the preceding trading day.

Zacks.com users have recently been watching SYMBOTIC INC (SYM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Symbotic is poised for growth, driven by its next-generation storage technology that boosts warehouse efficiency and accelerates system deployment. SYM's new offering reduces customer storage footprint by up to 40%, shortens deployment times, and enhances gross margins, supporting long-term value creation. Despite concentration risk with Walmart (87% of revenue), SYM's $22.4 billion backlog and strong balance sheet position it for continued expansion.

Investors interested in Technology Services stocks are likely familiar with V2X (VVX) and Symbotic Inc. (SYM). But which of these two companies is the best option for those looking for undervalued stocks?

Industrial robotics company Symbotic (SYM 9.50%) enjoyed a nearly double-digit rise in its stock price on Thursday, with its shares increasing by just under 10% in value. Investors were taken by a bullish initiation of coverage by an analyst now trading the company.

After a ~140% gain since my December buy call, I am maintaining my bullish stance on Symbotic, as the market is still underappreciating its clear and tangible path to profitability. SYM's recent GAAP net loss of $31.9 million is misleading. I am diving deep into this number in this analysis to explain the rationale behind my thinking. I have identified two powerful catalysts for future GAAP earnings. The first is a significant gross margin expansion driven by the scaling of its software business.