Symbotic (SYM) Stock Forecast, Price Target & Predictions
SYM Stock Forecast
Symbotic stock forecast is as follows: an average price target of $41.60 (represents a 75.45% upside from SYM’s last price of $23.71) and a rating consensus of 'Buy', based on 14 wall street analysts offering a 1-year stock forecast.
SYM Price Target
The average price target for Symbotic (SYM) is $41.60 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $59.00 to $29.00. This represents a potential 75.45% upside from SYM's last price of $23.71.
SYM Analyst Ratings
According to 14 Wall Street analysts, Symbotic's rating consensus is 'Buy'. The analyst rating breakdown for SYM stock is 0 'Strong Buy' (0.00%), 11 'Buy' (78.57%), 2 'Hold' (14.29%), 1 'Sell' (7.14%), and 0 'Strong Sell' (0.00%).
Symbotic Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 27, 2024 | Matt Summerville | D.A. Davidson | $35.00 | $23.44 | 49.32% | 47.62% |
| Sep 19, 2024 | Guy Hardwick | Loop Capital Markets | $29.00 | $25.72 | 12.75% | 22.31% |
| Jul 31, 2024 | Matt Summerville | D.A. Davidson | $47.00 | $26.76 | 75.64% | 98.23% |
| Jul 30, 2024 | Nicole Deblase | Deutsche Bank | $59.00 | $26.36 | 123.82% | 148.84% |
| Jul 30, 2024 | James Ricchiuti | Needham | $40.00 | $27.25 | 46.79% | 68.71% |
| Jul 30, 2024 | Greg Palm | Craig-Hallum | $45.00 | $35.63 | 26.30% | 89.79% |
| Jul 11, 2024 | Greg Palm | Craig-Hallum | $54.00 | $37.02 | 45.85% | 127.75% |
| May 07, 2024 | Ken Newman | Loop Capital Markets | $55.00 | $46.90 | 17.27% | 131.97% |
| May 07, 2024 | James Ricchiuti | Raymond James | $54.00 | $46.90 | 15.14% | 127.75% |
| May 07, 2024 | Robert Mason | Robert W. Baird | $53.00 | $41.94 | 26.37% | 123.53% |
| May 07, 2024 | Nicole DeBlase | Deutsche Bank | $58.00 | $41.94 | 38.29% | 144.62% |
| Feb 07, 2024 | Matt Summerville | D.A. Davidson | $50.00 | $39.28 | 27.29% | 110.88% |
| Nov 21, 2023 | Derek Soderberg | Cantor Fitzgerald | $60.00 | $50.83 | 18.04% | 153.06% |
| Nov 21, 2023 | James Ricchiuti | Needham | $58.00 | $50.83 | 14.11% | 144.62% |
| Jul 24, 2022 | Mark Delaney | Goldman Sachs | $19.00 | $19.87 | -4.38% | -19.87% |
| Jul 05, 2022 | Brian Gesuale | Raymond James | $18.00 | $14.38 | 25.17% | -24.08% |
The latest Symbotic stock forecast, released on Nov 27, 2024 by Matt Summerville from D.A. Davidson, set a price target of $35.00, which represents a 49.32% increase from the stock price at the time of the forecast ($23.44), and a 47.62% increase from SYM last price ($23.71).
Symbotic Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 12 |
| Avg Price Target | - | $35.00 | $48.25 |
| Last Closing Price | $23.71 | $23.71 | $23.71 |
| Upside/Downside | -100.00% | 47.62% | 103.50% |
In the current month, the average price target of Symbotic stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Symbotic's last price of $23.71. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 05, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Jul 30, 2024 | Citigroup | Buy | Buy | Hold |
| Jul 30, 2024 | Needham | Buy | Buy | Hold |
| Jul 30, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Jul 30, 2024 | Cantor Fitzgerald | Overweight | Overweight | Hold |
| Jul 23, 2024 | Vertical Research | Hold | Initialise | |
| Jul 22, 2024 | BWS Financial | Sell | Initialise | |
| Jul 11, 2024 | Craig-Hallum | Buy | Buy | Hold |
| Jul 10, 2024 | Cowen & Co. | Buy | Buy | Hold |
| May 07, 2024 | Craig-Hallum | Buy | Buy | Hold |
| May 07, 2024 | KeyBanc | Overweight | Overweight | Hold |
| May 07, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Feb 06, 2024 | Needham | Buy | Buy | Hold |
| Nov 21, 2023 | Goldman Sachs | Neutral | Neutral | Hold |
| Aug 01, 2023 | Raymond James | Outperform | Outperform | Hold |
| Aug 01, 2023 | Needham | Buy | Buy | Hold |
| Aug 01, 2023 | Craig-Hallum | Buy | Buy | Hold |
| Sep 19, 2022 | Jefferies | Buy | Initialise | |
| Sep 19, 2022 | UBS | Buy | Initialise | |
| Sep 19, 2022 | Prescience Point | Buy | Initialise | |
| Aug 15, 2022 | Citigroup | Buy | Buy | Hold |
| Jul 24, 2022 | Goldman Sachs | Neutral | Initialise |
Symbotic's last stock rating was published by Cowen & Co. on Sep 05, 2024. The company gave SYM a "Buy" rating, the same as its previous rate.
Symbotic Financial Forecast
Symbotic Revenue Forecast
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $368.45M | $391.89M | $311.84M | $266.85M | $206.31M | $244.41M | $175.55M | $96.28M |
| Avg Forecast | $884.80M | $876.67M | $862.05M | $843.20M | $896.31M | $801.11M | $722.39M | $671.97M | $668.48M | $597.10M | $543.09M | $494.03M | $470.24M | $464.56M | $411.21M | $368.18M | $306.89M | $261.02M | $224.82M | $194.23M | $152.82M | $119.45M | $96.29M |
| High Forecast | $956.73M | $947.94M | $932.13M | $911.75M | $969.17M | $866.23M | $781.11M | $726.60M | $722.83M | $645.64M | $571.49M | $514.15M | $471.63M | $464.56M | $411.21M | $396.74M | $327.95M | $282.24M | $243.09M | $207.09M | $152.82M | $119.45M | $96.29M |
| Low Forecast | $855.48M | $847.63M | $833.49M | $815.26M | $866.61M | $774.56M | $698.45M | $649.71M | $646.33M | $577.32M | $530.76M | $484.49M | $468.85M | $464.56M | $411.21M | $352.85M | $292.30M | $252.37M | $217.37M | $187.97M | $152.82M | $119.45M | $96.29M |
| # Analysts | 4 | 8 | 5 | 4 | 4 | 7 | 4 | 3 | 3 | 5 | 9 | 10 | 7 | 5 | 5 | 6 | 13 | 6 | 6 | 5 | 5 | 11 | 10 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.28% | 1.19% | 1.19% | 1.06% | 1.60% | 1.47% | 1.00% |
Symbotic's average Quarter revenue forecast for Mar 24 based on 5 analysts is $411.21M, with a low forecast of $411.21M, and a high forecast of $411.21M. SYM's average Quarter revenue forecast represents a 11.60% increase compared to the company's last Quarter revenue of $368.45M (Dec 23).
Symbotic EBITDA Forecast
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 8 | 5 | 4 | 4 | 7 | 4 | 3 | 3 | 5 | 9 | 10 | 7 | 5 | 5 | 6 | 13 | 6 | 6 | 5 | 5 | 11 | 10 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-19.05M | $-53.94M | $-39.55M | $-55.65M | $-67.49M | $-52.52M | $-33.03M | $-28.55M |
| Avg Forecast | $-339.61M | $-336.49M | $-330.88M | $-323.64M | $-344.03M | $-307.49M | $-277.27M | $-257.92M | $-256.58M | $-229.19M | $-208.45M | $-189.62M | $-180.49M | $-178.31M | $-157.83M | $-141.32M | $-117.79M | $-100.19M | $-86.29M | $-74.55M | $-87.35M | $-68.27M | $-55.04M |
| High Forecast | $-328.36M | $-325.34M | $-319.92M | $-312.92M | $-332.63M | $-297.30M | $-268.09M | $-249.38M | $-248.08M | $-221.59M | $-203.72M | $-185.96M | $-179.96M | $-178.31M | $-157.83M | $-135.43M | $-112.19M | $-96.87M | $-83.43M | $-72.15M | $-87.35M | $-68.27M | $-55.04M |
| Low Forecast | $-367.22M | $-363.85M | $-357.78M | $-349.96M | $-372.00M | $-332.48M | $-299.81M | $-278.89M | $-277.44M | $-247.82M | $-219.35M | $-197.34M | $-181.02M | $-178.31M | $-157.83M | $-152.28M | $-125.88M | $-108.33M | $-93.31M | $-79.49M | $-87.35M | $-68.27M | $-55.04M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.13% | 0.46% | 0.39% | 0.64% | 0.91% | 0.60% | 0.48% | 0.52% |
undefined analysts predict SYM's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Symbotic's previous annual EBITDA (undefined) of $NaN.
Symbotic Net Income Forecast
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 8 | 5 | 4 | 4 | 7 | 4 | 3 | 3 | 5 | 9 | 10 | 7 | 5 | 5 | 6 | 13 | 6 | 6 | 5 | 5 | 11 | 10 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-12.73M | $-55.13M | $-4.35M | $-55.42M | $-67.99M | $-4.50M | $-1.31M | $-29.84M |
| Avg Forecast | $23.90M | $24.99M | $21.73M | $17.38M | $21.08M | $17.46M | $13.24M | $12.17M | $10.86M | $8.40M | $6.52M | $2.44M | $5.82M | $6.28M | $2.47M | $2.68M | $-369.83K | $-2.50M | $-3.27M | $-5.19M | $-4.93M | $-5.27M | $-7.17M |
| High Forecast | $26.43M | $27.63M | $24.03M | $19.22M | $23.30M | $19.30M | $14.64M | $13.45M | $12.01M | $9.28M | $32.59M | $7.94M | $6.06M | $6.29M | $2.49M | $4.82M | $-154.10K | $-2.39M | $-3.13M | $-4.97M | $-4.93M | $-5.27M | $-7.17M |
| Low Forecast | $22.87M | $23.91M | $20.79M | $16.63M | $20.17M | $16.70M | $12.67M | $11.64M | $10.40M | $8.03M | $-6.52M | $611.14K | $5.58M | $6.26M | $2.46M | $1.61M | $-1.39M | $-2.76M | $-3.61M | $-5.64M | $-4.93M | $-5.27M | $-7.17M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -4.75% | 149.07% | 1.74% | 16.95% | 13.10% | 0.91% | 0.25% | 4.16% |
Symbotic's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. SYM's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
Symbotic SG&A Forecast
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 8 | 5 | 4 | 4 | 7 | 4 | 3 | 3 | 5 | 9 | 10 | 7 | 5 | 5 | 6 | 13 | 6 | 6 | 5 | 5 | 11 | 10 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $47.01M | $66.93M | $46.07M | $50.90M | $54.02M | $47.58M | $29.43M | $23.51M |
| Avg Forecast | $196.17M | $194.37M | $191.12M | $186.95M | $198.72M | $177.61M | $160.16M | $148.98M | $148.21M | $132.38M | $120.41M | $109.53M | $104.26M | $103.00M | $91.17M | $81.63M | $68.04M | $57.87M | $49.84M | $43.06M | $41.87M | $32.73M | $26.38M |
| High Forecast | $212.12M | $210.17M | $206.66M | $202.14M | $214.87M | $192.05M | $173.18M | $161.09M | $160.26M | $143.15M | $126.70M | $113.99M | $104.56M | $103.00M | $91.17M | $87.96M | $72.71M | $62.57M | $53.90M | $45.91M | $41.87M | $32.73M | $26.38M |
| Low Forecast | $189.67M | $187.93M | $184.79M | $180.75M | $192.14M | $171.73M | $154.85M | $144.05M | $143.30M | $128.00M | $117.68M | $107.42M | $103.95M | $103.00M | $91.17M | $78.23M | $64.81M | $55.95M | $48.19M | $41.67M | $41.87M | $32.73M | $26.38M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.58% | 0.98% | 0.80% | 1.02% | 1.25% | 1.14% | 0.90% | 0.89% |
Symbotic's average Quarter SG&A projection for Mar 24 is $91.17M, based on 5 Wall Street analysts, with a range of $91.17M to $91.17M. The forecast indicates a 93.93% rise compared to SYM last annual SG&A of $47.01M (Dec 23).
Symbotic EPS Forecast
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 8 | 5 | 4 | 4 | 7 | 4 | 3 | 3 | 5 | 9 | 10 | 7 | 5 | 5 | 6 | 13 | 6 | 6 | 5 | 5 | 11 | 10 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.17 | $-0.73 | $-0.07 | $-0.92 | $-1.17 | $-0.08 | $-0.03 | $-0.59 |
| Avg Forecast | $0.22 | $0.23 | $0.20 | $0.16 | $0.19 | $0.16 | $0.12 | $0.11 | $0.10 | $0.08 | $0.06 | $0.02 | $0.05 | $0.06 | $0.02 | $0.02 | $-0.00 | $-0.02 | $-0.03 | $-0.05 | $-0.05 | $-0.05 | $-0.07 |
| High Forecast | $0.24 | $0.25 | $0.22 | $0.18 | $0.21 | $0.18 | $0.13 | $0.12 | $0.11 | $0.09 | $0.30 | $0.07 | $0.06 | $0.06 | $0.02 | $0.04 | $-0.00 | $-0.02 | $-0.03 | $-0.05 | $-0.05 | $-0.05 | $-0.07 |
| Low Forecast | $0.21 | $0.22 | $0.19 | $0.15 | $0.19 | $0.15 | $0.12 | $0.11 | $0.10 | $0.07 | $-0.06 | $0.01 | $0.05 | $0.06 | $0.02 | $0.01 | $-0.01 | $-0.03 | $-0.03 | $-0.05 | $-0.05 | $-0.05 | $-0.07 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6.90% | 214.45% | 3.06% | 30.57% | 24.49% | 1.71% | 0.50% | 8.43% |
According to 5 Wall Street analysts, Symbotic's projected average Quarter EPS for Mar 24 is $0.02, with a low estimate of $0.02 and a high estimate of $0.02. This represents a -86.61% decrease compared to SYM previous annual EPS of $0.17 (Dec 23).