Symbotic (NASDAQ:SYM) Stock Price Down 3.7% – Should You Sell?

Symbotic Inc. (NASDAQ:SYM)’s stock price dropped 3.7% during trading on Friday . The stock traded as low as $81.78 and last traded at $84.0750. Approximately 2,625,750 shares changed hands during mid-day trading, an increase of 27% from the average daily volume of 2,059,562 shares. The stock had previously closed at $87.30.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on SYM. Cantor Fitzgerald boosted their price objective on Symbotic from $60.00 to $82.00 and gave the stock an “overweight” rating in a report on Tuesday. Barclays lifted their price objective on shares of Symbotic from $38.00 to $41.00 and gave the stock an “underweight” rating in a research note on Wednesday. Weiss Ratings restated a “hold (c-)” rating on shares of Symbotic in a research note on Wednesday, October 8th. Northcoast Research cut Symbotic from a “buy” rating to a “neutral” rating in a report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Symbotic from $55.00 to $63.00 and gave the stock a “hold” rating in a report on Tuesday. Five equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $54.13.

Symbotic Trading Down 3.7%

The stock has a market capitalization of $49.65 billion, a P/E ratio of -560.50, a price-to-earnings-growth ratio of 15.32 and a beta of 2.10. The business has a fifty day simple moving average of $66.06 and a 200 day simple moving average of $50.64.

Symbotic (NASDAQ:SYM) last issued its quarterly earnings results on Monday, November 24th. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.11). Symbotic had a negative return on equity of 3.89% and a negative net margin of 0.75%.The business had revenue of $618.46 million for the quarter, compared to the consensus estimate of $604.00 million. During the same quarter last year, the business posted $0.47 earnings per share. The business’s revenue was up 9.5% compared to the same quarter last year. Symbotic has set its Q1 2026 guidance at EPS. As a group, research analysts forecast that Symbotic Inc. will post 0.13 earnings per share for the current year.

Insider Activity

In other news, Director Todd Krasnow sold 4,000 shares of Symbotic stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $76.75, for a total value of $307,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Maria G. Freve sold 1,666 shares of the stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $58.18, for a total transaction of $96,927.88. Following the sale, the insider owned 544 shares in the company, valued at approximately $31,649.92. The trade was a 75.38% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 68,160 shares of company stock worth $4,761,942 in the last quarter. Insiders own 0.60% of the company’s stock.

Institutional Trading of Symbotic

Several hedge funds have recently modified their holdings of SYM. MAI Capital Management lifted its stake in shares of Symbotic by 833.3% in the 3rd quarter. MAI Capital Management now owns 560 shares of the company’s stock valued at $30,000 after purchasing an additional 500 shares during the last quarter. AdvisorNet Financial Inc bought a new stake in Symbotic in the second quarter worth $32,000. IAG Wealth Partners LLC purchased a new position in Symbotic during the second quarter worth $32,000. Ameriflex Group Inc. boosted its stake in Symbotic by 1,500.0% during the third quarter. Ameriflex Group Inc. now owns 704 shares of the company’s stock worth $38,000 after buying an additional 660 shares during the period. Finally, Gables Capital Management Inc. bought a new position in Symbotic during the second quarter valued at $39,000.

About Symbotic

Symbotic Inc, an automation technology company, engages in developing technologies to improve operating efficiencies in modern warehouses. The company automates the processing of pallets and cases in large warehouses or distribution centers for retail companies. Its systems enhance operations at the front end of the supply chain.