
Symbotic Inc (SYM) Stock Forecast & Price Target
Symbotic Inc (SYM) Analyst Ratings
Bulls say
Symbotic Inc. is poised for strong revenue growth, with guidance indicating a 25%-29% year-over-year increase in FQ1 revenues. The company reported an adjusted EBITDA of $49.4 million, reflecting a 9% quarter-over-quarter increase, attributable to gross margin expansion and robust revenue performance. Additionally, system revenue reached $582.3 million, representing a 9% year-over-year increase and exceeding consensus estimates, alongside a significant gross margin improvement to 22.1%, which is up 420 basis points compared to the previous year.
Bears say
Symbotic Inc. faces significant headwinds that may adversely affect its growth prospects, primarily due to potential reductions in capital expenditures stemming from an approaching recession, which could hinder expansion and project timelines. Additionally, supply chain disruptions induced by supplier agreements that allow for termination rights may jeopardize operational efficiency and customer reputation, further complicating revenue generation. The company's recent achievement of an EBITDA of $49.4 million, while modestly exceeding guidance, highlights ongoing concerns regarding rising costs and delays in system deployments, which may impede profitability and financial stability moving forward.
This aggregate rating is based on analysts' research of Symbotic Inc and is not a guaranteed prediction by Public.com or investment advice.
Symbotic Inc (SYM) Analyst Forecast & Price Prediction
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