Symbotic (SYM) to Post Earnings on Wednesday

Symbotic (NASDAQ:SYMGet Free Report) is expected to be releasing its Q3 2026 results after the market closes on Wednesday, August 5th. Analysts expect the company to announce earnings of $0.12 per share and revenue of $715.4190 million for the quarter. Individuals may review the information on the company’s upcoming Q3 2026 earning results 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 quarterly earnings data on Wednesday, May 6th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.11). The firm had revenue of $676.48 million during the quarter, compared to analysts’ expectations of $662.65 million. Symbotic had a negative net margin of 0.20% and a negative return on equity of 0.68%. The business’s revenue for the quarter was up 23.1% on a year-over-year basis. During the same period in the previous year, the business earned ($0.04) earnings per share. On average, analysts expect Symbotic to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Symbotic Stock Performance

Shares of SYM stock opened at $41.52 on Wednesday. The stock has a fifty day moving average price of $44.00 and a 200 day moving average price of $51.98. The stock has a market cap of $25.03 billion, a PE ratio of -836.95, a P/E/G ratio of 6.12 and a beta of 1.93. Symbotic has a 1 year low of $38.19 and a 1 year high of $87.88.

Wall Street Analyst Weigh In

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

Read Our Latest Analysis on SYM

Insider Activity

In other Symbotic news, insider Maria G. Freve sold 2,244 shares of the firm’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $40.28, for a total transaction of $90,388.32. Following the sale, the insider directly owned 3,096 shares of the company’s stock, valued at $124,706.88. This trade represents a 42.02% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Todd Krasnow sold 2,000 shares of Symbotic stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $43.92, for a total transaction of $87,840.00. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 115,970 shares of company stock worth $5,561,616 in the last quarter. Corporate insiders own 8.16% of the company’s stock.

Institutional Trading of Symbotic

A number of hedge funds have recently bought and sold shares of the company. JPMorgan Chase & Co. grew its stake in Symbotic by 51,346.1% in the 4th quarter. JPMorgan Chase & Co. now owns 2,174,372 shares of the company’s stock worth $129,375,000 after acquiring an additional 2,178,615 shares during the period. Morgan Stanley lifted its stake 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 purchasing an additional 1,165,513 shares during the period. Ghisallo Capital Management LLC purchased a new position in shares of Symbotic during the 4th quarter worth $63,034,000. Marshall Wace LLP acquired a new stake in shares of Symbotic during the fourth quarter worth $33,997,000. Finally, Burkehill Global Management LP purchased a new stake in shares of Symbotic in the fourth quarter valued at $28,262,000.

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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