Symbotic (NASDAQ:SYM) Stock Price Down 2.3% – What’s Next?

Symbotic Inc. (NASDAQ:SYM) was down 2.3% on Friday . The company traded as low as $52.52 and last traded at $53.80. Approximately 1,568,041 shares traded hands during mid-day trading, a decline of 26% from the average daily volume of 2,129,770 shares. The stock had previously closed at $55.08.

Trending Headlines about Symbotic

Here are the key news stories impacting Symbotic this week:

• Positive Sentiment: KeyBanc/KeyCorp raised expectations and published bullish forward estimates (K. Newman sees Q1 2028 ~ $0.59 EPS and FY2028 ~ $3.12 EPS), and KeyBanc upgraded the stock — a catalyst that supports a higher medium‑term earnings trajectory and underpins analyst-driven buying. KeyBanc upgrades Symbotic (SYM)
• Neutral Sentiment: Zacks moved its rating from “strong sell” to “hold,” and several brokerages now show a consensus “hold.” These changes reduce bearish pressure but stop short of a clear buy signal, leaving sentiment mixed. Zacks Research Brokerage Consensus: Hold
• Negative Sentiment: A senior insider, Maria G. Freve (VP, Controller & CAO), sold 8,306 shares (~93.9% of her direct holdings) in late January for roughly $457.7k, materially reducing her direct stake — a signal some investors interpret as a near‑term selling cue. Symbotic Insider Sells 8,306 Shares

Wall Street Analyst Weigh In

A number of brokerages recently commented on SYM. Barclays lifted their price target on Symbotic from $41.00 to $42.00 and gave the stock an “underweight” rating in a report on Monday, January 12th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Symbotic in a research note on Thursday, January 22nd. Zacks Research upgraded shares of Symbotic from a “strong sell” rating to a “hold” rating in a research report on Wednesday. Citigroup reaffirmed an “outperform” rating on shares of Symbotic in a research report on Thursday, February 5th. Finally, TD Cowen reiterated a “buy” rating on shares of Symbotic in a research note on Wednesday, December 3rd. Six research analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $60.57.

Symbotic Stock Performance

The stock has a 50 day moving average of $60.67 and a 200-day moving average of $60.54. The firm has a market capitalization of $32.39 billion, a P/E ratio of -537.85, a PEG ratio of 7.17 and a beta of 2.13.

Symbotic (NASDAQ:SYM) last issued its earnings results on Wednesday, February 4th. The company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.06). Symbotic had a negative return on equity of 1.88% and a negative net margin of 0.45%.The business had revenue of $629.99 million for the quarter, compared to the consensus estimate of $622.58 million. During the same quarter in the prior year, the business earned ($0.03) EPS. Symbotic’s revenue for the quarter was up 29.4% compared to the same quarter last year. As a group, sell-side analysts expect that Symbotic Inc. will post 0.13 EPS for the current year.

Insiders Place Their Bets

In other news, insider William M. Boyd III sold 15,000 shares of Symbotic stock in a transaction on Monday, January 5th. The stock was sold at an average price of $69.00, for a total value of $1,035,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Svf Sponsor Iii (De) Llc sold 3,500,000 shares of the stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $53.21, for a total value of $186,235,000.00. Following the sale, the insider directly owned 5,590,000 shares in the company, valued at $297,443,900. This trade represents a 38.50% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 7,204,212 shares of company stock worth $385,123,962 in the last three months. Insiders own 8.16% of the company’s stock.

Institutional Investors Weigh In On Symbotic

A number of institutional investors and hedge funds have recently modified their holdings of the company. Mercer Global Advisors Inc. ADV boosted its position in shares of Symbotic by 32.2% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 8,435 shares of the company’s stock valued at $502,000 after acquiring an additional 2,056 shares during the period. NewEdge Advisors LLC lifted its stake in Symbotic by 278.4% in the 4th quarter. NewEdge Advisors LLC now owns 9,711 shares of the company’s stock worth $578,000 after purchasing an additional 7,145 shares in the last quarter. Twinbeech Capital LP bought a new position in Symbotic in the 4th quarter valued at $1,515,000. Polymer Capital Management US LLC purchased a new position in shares of Symbotic during the 4th quarter valued at $279,000. Finally, Readystate Asset Management LP bought a new position in shares of Symbotic in the fourth quarter worth $470,000.

Symbotic Company Profile

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.