Symbotic (NASDAQ:SYM) Releases Earnings Results

Symbotic (NASDAQ:SYM) posted its earnings results on Wednesday. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.06), FiscalAI reports. Symbotic had a negative net margin of 0.45% and a negative return on equity of 2.42%. The business had revenue of $629.99 million for the quarter, compared to analyst estimates of $622.58 million. During the same quarter last year, the business earned ($0.03) earnings per share. Symbotic’s revenue was up 29.4% on a year-over-year basis.

Here are the key takeaways from Symbotic’s conference call:

• Symbotic reported strong first-quarter results with $630 million revenue (up 29% YoY), GAAP net income of $13 million, and adjusted EBITDA of $67 million, marking the company’s stated transition to GAAP profitability and improved operating leverage.
• Systems revenue rose 27% YoY to $590 million, the company added 10 new deployments (57 systems now in deployment), and software and operations services grew 97% and 68% YoY respectively as installation timelines and per-site productivity improved.
• Symbotic finished the quarter with a $22.3 billion backlog and $1.8 billion cash, and guided Q2 revenue of $650–670 million and adjusted EBITDA of $70–75 million, while expecting stronger sequential growth in fiscal Q4.
• The firm’s monetized R&D via its paid development programs (notably with Walmart for micro-fulfillment) reached a double-digit revenue contribution this quarter and boosted margins, though management cautioned this revenue is lumpy as prototypes and installs progress over the next 12 months.
• The acquisition of Fox Robotics adds autonomous forklift capabilities and 25 customers, expanding addressable markets (dock automation and new customers), but management provided no near-term revenue or margin impact quantification.

Symbotic Stock Up 10.7%

Symbotic stock opened at $59.56 on Friday. The company has a fifty day simple moving average of $62.90 and a 200-day simple moving average of $60.22. The firm has a market capitalization of $35.23 billion, a price-to-earnings ratio of -588.97, a PEG ratio of 15.17 and a beta of 2.13. Symbotic has a 52-week low of $16.32 and a 52-week high of $87.88.

Analyst Upgrades and Downgrades

Several analysts have commented on SYM shares. Weiss Ratings reissued a “hold (c-)” rating on shares of Symbotic in a report on Thursday, January 22nd. The Goldman Sachs Group reiterated a “sell” rating and set a $50.00 target price on shares of Symbotic in a research report on Thursday, January 15th. DA Davidson reissued a “neutral” rating and issued a $47.00 price target on shares of Symbotic in a report on Tuesday, November 25th. Northcoast Research cut shares of Symbotic from a “buy” rating to a “neutral” rating in a research report on Tuesday, November 25th. Finally, TD Cowen reaffirmed a “buy” rating on shares of Symbotic in a report on Wednesday, December 3rd. Six research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $57.36.

Trending Headlines about Symbotic

Here are the key news stories impacting Symbotic this week:

• Positive Sentiment: Q1 financial beat on revenue and profitability — Symbotic reported $630M revenue (+29% YoY), GAAP net income of $13M and a large jump in adjusted EBITDA, signaling margin improvement and operational leverage. GlobeNewswire: Q1 Results
• Positive Sentiment: Upgraded guidance for Q2 — management set Q2 revenue at $650M–$670M, above consensus, implying continued top-line momentum and supporting near-term upside. Seeking Alpha: Q2 Guidance
• Positive Sentiment: Analyst lift — Needham raised its price target to $75 and reiterated a buy, adding incremental bullishness to the stock narrative. The Fly: Needham PT Raise
• Neutral Sentiment: Earnings call / coverage — Transcripts and write-ups emphasize deployment efficiency gains, software gross margins (~73%) and faster system acceptance timelines; these operational details support the long-term thesis but require execution. MSN: Q1 Call Transcript
• Neutral Sentiment: Macro/industry tailwind — Analysts and commentators note an accelerating shift to warehouse automation (Amazon cited as a demand catalyst), which could expand addressable market but is not an immediate guaranteed revenue stream. Seeking Alpha: Automation Tailwind
• Negative Sentiment: EPS confusion/short-term earnings volatility — while revenue and adjusted metrics were strong, reported EPS missed some street estimates (EPS/mix of GAAP vs. adjusted measures caused confusion), contributing to mixed market reactions. QuiverQuant: Q1 Detail & EPS Note
• Negative Sentiment: Insider selling and concentration risk — recent director sales were disclosed and the business still derives a very large share of revenue from a small number of customers (Walmart concentration cited), which raises execution and client-risk concerns. SEC: Insider Sale Filing
• Negative Sentiment: High valuation and volatility risk — commentary highlights a premium valuation and wide analyst target spread; positive results reduce some risk but leave the stock exposed to sentiment swings if execution slips. Globe and Mail: Mixed Analyst Views

Insider Transactions at Symbotic

In related news, CTO James Kuffner sold 77,321 shares of the company’s stock in a transaction dated Monday, January 26th. The shares were sold at an average price of $59.76, for a total transaction of $4,620,702.96. Following the completion of the sale, the chief technology officer owned 144,982 shares of the company’s stock, valued at approximately $8,664,124.32. This represents a 34.78% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Group Corp. Softbank sold 3,500,000 shares of the stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $53.21, for a total transaction of $186,235,000.00. Following the completion of the sale, the insider owned 5,590,000 shares of the company’s stock, valued at approximately $297,443,900. The trade was a 38.50% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 7,145,878 shares of company stock valued at $381,770,290. Company insiders own 8.16% of the company’s stock.

Institutional Trading of Symbotic

Several hedge funds have recently made changes to their positions in SYM. NewEdge Advisors LLC raised its position in shares of Symbotic by 81.5% during the 2nd quarter. NewEdge Advisors LLC now owns 1,276 shares of the company’s stock valued at $50,000 after buying an additional 573 shares during the period. Van ECK Associates Corp increased its stake in Symbotic by 17.2% during the third quarter. Van ECK Associates Corp now owns 5,830 shares of the company’s stock worth $314,000 after acquiring an additional 854 shares during the last quarter. Private Advisor Group LLC raised its position in Symbotic by 19.1% in the third quarter. Private Advisor Group LLC now owns 6,191 shares of the company’s stock valued at $334,000 after purchasing an additional 992 shares during the period. CIBC Private Wealth Group LLC lifted its stake in shares of Symbotic by 209.7% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,846 shares of the company’s stock valued at $99,000 after purchasing an additional 1,250 shares during the last quarter. Finally, Vestcor Inc purchased a new position in shares of Symbotic during the 3rd quarter worth $76,000.

About Symbotic

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.