Symbotic (SYM) to Post Quarterly Earnings on Wednesday

Symbotic (NASDAQ:SYMGet Free Report) is projected to release its Q3 2026 results after the market closes on Wednesday, August 5th. Analysts expect Symbotic to announce earnings of $0.1311 per share and revenue of $715.0340 million for the quarter. Individuals may review the information on the company’s upcoming Q3 2026 earning report 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 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.11). The company had revenue of $676.48 million for the quarter, compared to the consensus estimate of $662.65 million. Symbotic had a negative return on equity of 0.68% and a negative net margin of 0.20%.The company’s revenue for the quarter was up 23.1% compared to the same quarter last year. During the same period last year, the firm 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 Price Performance

Shares of SYM opened at $43.05 on Monday. The firm has a market capitalization of $25.95 billion, a PE ratio of -860.83, a PEG ratio of 6.35 and a beta of 1.94. The company’s 50-day moving average is $43.43 and its 200-day moving average is $51.36. Symbotic has a fifty-two week low of $38.19 and a fifty-two week high of $87.88.

Wall Street Analysts Forecast Growth

Several analysts recently commented on SYM shares. DA Davidson reaffirmed a “buy” rating and set a $70.00 target price on shares of Symbotic in a report on Monday, May 11th. Zacks Research cut shares of Symbotic from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 7th. The Goldman Sachs Group cut their price objective on shares of Symbotic from $54.00 to $45.00 and set a “sell” rating for the company in a research report on Tuesday, May 26th. Finally, Weiss Ratings cut Symbotic from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, May 11th. Seven research 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, the company presently has a consensus rating of “Hold” and an average price target of $66.50.

Get Our Latest Analysis on Symbotic

Insider Activity

In related news, insider Maria G. Freve sold 2,244 shares of the company’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $40.28, for a total value of $90,388.32. Following the transaction, the insider directly owned 3,096 shares in the company, valued at approximately $124,706.88. This represents a 42.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO James Kuffner sold 18,987 shares of the company’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $40.38, for a total transaction of $766,695.06. Following the completion of the transaction, the chief technology officer owned 214,062 shares in the company, valued at $8,643,823.56. This trade represents a 8.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 111,970 shares of company stock worth $5,329,876. Corporate insiders own 8.16% of the company’s stock.

Institutional Trading of Symbotic

Several hedge funds and other institutional investors have recently bought and sold shares of SYM. Parkside Financial Bank & Trust grew its position in shares of Symbotic by 100.0% during the 4th quarter. Parkside Financial Bank & Trust now owns 536 shares of the company’s stock worth $32,000 after purchasing an additional 268 shares in the last quarter. Quarry LP acquired a new stake in shares of Symbotic in the fourth quarter valued at approximately $36,000. Parallel Advisors LLC raised its position in shares of Symbotic by 67.3% in the fourth quarter. Parallel Advisors LLC now owns 619 shares of the company’s stock valued at $37,000 after buying an additional 249 shares in the last quarter. NewEdge Advisors LLC boosted its stake in shares of Symbotic by 81.5% in the second 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. Finally, Vestcor Inc bought a new stake in shares of Symbotic in the third quarter valued at approximately $76,000.

Symbotic Company Profile

(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.

See Also

Earnings History for Symbotic (NASDAQ:SYM)

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