Symbotic Inc

Symbotic, Inc. operates as an automation technology company, which engages in a robotics and automation-based product movement technology platform. It focuses on rebuilding the traditional warehouse, powered by a fleet of autonomous robots with artificial intelligence enabled software, to create a first of its kind physical structure that can power a customer’s entire supply chain technology platform. The company was founded by Richard B. Cohen on December 11, 2020 and is headquartered in Wilmington, MA.

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Symbotic Inc (SYM) reports triple-digit revenue growth and backlog expansion

Symbotic Inc (SYM) delivered robust Q1 results with triple-digit revenue growth and a significant contracted backlog. The company faces challenges in managing margins and deployment timelines but has opportunities in international expansion and operational efficiency. By focusing on scaling operations and increasing liquidity, Symbotic Inc aims to address a massive TAM and drive growth through outsourcing partnerships.

Symbotic Inc reports stellar Q2 earnings, eyes sustained growth

Symbotic Inc's Q2 2023 performance reflects robust revenue growth and operational advancements, supported by a strong financial position and strategic outlook.
While facing challenges in restructuring, revenue variability, and supply chain dynamics, the company is poised to leverage opportunities in margin expansion and customer growth.
By emphasizing innovation, efficiency, and profitability, Symbotic Inc aims to drive sustainable growth and technological leadership in the automation industry.

Symbotic Inc reports record Q3 results and eyes profitable growth

Symbotic Inc's Q3 2023 earnings call showcased robust financial performance, anticipating profitability in Q4 and strong revenue growth.
The company's strategic focus on partnerships, innovation, and supply chain stability positions it well for future growth and success.
Challenges lie in managing margins, optimizing GreenBox facilities, and meeting deployment demands while seizing growth opportunities.
Overall, Symbotic's performance, strengths, and opportunities indicate a promising trajectory in the automation and supply chain solutions market.

Symbotic Inc doubles revenue in Q4 2023, eyes international expansion

Symbotic Inc's strong Q4 2023 performance, backed by revenue growth, operational advancements, and strategic partnerships, sets a positive trajectory for future growth. The company's focus on innovation, scalability, and customer satisfaction positions it well to capitalize on market opportunities and drive profitability. While challenges exist in managing rapid expansion and operational transitions, Symbotic's strategic initiatives and financial outlook remain promising.

Symbotic Inc reports stellar Q1 performance, eyes growth opportunities

Symbotic Inc delivered strong financial and operational results in Q1 2024, driven by revenue growth, margin improvement, and operational efficiency, positioning the company for continued growth and success.
The company's focus on innovation with BreakPack and SymBot, alongside strategic customer acquisitions and deployment enhancements, underscores a commitment to market responsiveness and long-term sustainability.
While facing challenges in deployment pace and cost management, Symbotic Inc's solid financial position, customer-centric approach, and continuous improvement initiatives provide a strong foundation for future growth and profitability.
Opportunities in revenue diversification, market expansion, and operational enhancement present avenues for Symbotic Inc to capitalize on its strengths and navigate challenges, ensuring sustained success and value creation.

Symbotic Inc (SYM) reports stellar Q2 earnings, eyes innovation for growth

Symbotic Inc (SYM) delivered strong financial performance in Q2 2024, with revenue growth, improved operating leverage, and healthy cash reserves. The company's standardized SymBots drive operational efficiency, while innovations present opportunities for revenue growth. Challenges include managing lower-margin projects and adapting to evolving client needs.

Symbotic Inc reports record revenue growth, addresses margin challenges

Symbotic Inc's Q3 performance showcased robust revenue growth but faced challenges with system gross margin due to construction delays. The company is proactively addressing these issues, aiming for improved margins and enhanced deployment efficiency. With a focus on in-house construction management and GreenBox deployment progress, Symbotic is poised for future growth.

Symbotic Inc reports robust Q4 performance, eyes stable growth in Q1

Symbotic Inc's Q4 2024 earnings call highlighted strong performance, expansion into new geographies, and investments in technology and people. Challenges with restatements were addressed, and the company is poised for stable growth and scaling EBITDA margin in Q1 2025.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Symbotic, Inc. is an automation technology company, which engages in a robotics and automation-based product movement technology platform. It focuses on developing, commercializing, and deploying innovative, end-to-end technology solutions for supply chain operations. It operates through the United States and Canada geographical segments. The company was founded by Richard B. Cohen on December 11, 2020 and is headquartered in Wilmington, MA.

IonQ

QuantumScape

Symbotic has a bright future in the warehouse automation market. QuantumScape's solid-state batteries could disrupt the EV market.

3 Growth Stocks With More Potential Than Any Cryptocurrency

AmpliTech Gr

Gigacloud Tech

T Stamp

Klaviyo, Inc. 

Upstart Holdings

AI stocks have been on a tear recently, with Nvidia (NASDAQ: NVDA ) once again breaking records and crossing above $950 per share. However, as I've cautioned many times before, this is a stock that investors need to be very careful with at these levels.

7 AI Stocks That Will Trounce Nvidia's Returns in 2025

Dell Technologies

Super Micro Computer

Is the incredible run in tech stocks about to come to an end? Some analysts are warning that the market could be in a bubble, and that investors should be prepared for a significant market correction.

Tech Stock Warnings: Why Super Micro, Dell, and Symbotic Are Ripe for a Sell-Off

Symbotic is gaining traction with its innovative robotics technology.

Where Will Symbotic Stock Be in 1 Year?

iRobot

Intuitive Surgical

If you're paying attention, there's a robotics stocks revolution quietly underway. While headlines holler about imminent worker replacement by hordes of AI-enabled robots, the truth is much more optimistic.

Hot Stocks: The 3 Best Opportunities for Investing in Robotics

ServiceNow

Palo Alto Networks

The rising adoption of artificial intelligence (AI) has led to an increasing interest in AI stocks. As AI continues to evolve, its applications across various industries are expanding, offering unique investment opportunities.

Hot Stocks: The 3 Best Opportunities for Investing in AI

Prime Medicine Inc

A short squeeze is a financial phenomenon where rapidly increasing prices force short sellers to buy back stocks, pushing prices even higher. This situation often arises from a large number of investors betting against a stock, anticipating its decline.

Short-Squeeze Roulette: 3 Stocks That Could Leave Bears Begging

eXp World Holdings Inc

Robinhood

Lucid Group

Riot Blockchain

Roku

Wendy's

With Nasdaq stocks to sell, speculative stocks in fast-growing industries like artificial intelligence, crypto mining, and electric vehicles may be what first comes to mind. However, while there are stocks in these industries well worth pressing the “sell” button on, it's important to note the Nasdaq Exchange, while associated strongly with growth stocks and tech stocks, has listings for a wide variety of stocks.

7 Nasdaq Stocks to Sell in March Before They Crash & Burn

Prologis

Of course, TV shows and movies employ many workers behind-the-scenes to operate cameras, direct actors, conduct marketing activities and handle all of the financial details. Similarly, many e-commerce stocks rely on other companies to provide equipment, warehouses, technology and transportation services.

The Unsung Heroes of E-Commerce: 3 Pivotal Stocks Powering the Online Shopping Surge

UiPath

SoundHound AI Inc

The AI goldrush is not over. Companies like Nvidia and Super Micro Computer are generating staggering returns on the back of excellent and ever-growing financial metrics.

The 3 Most Undervalued AI Stocks to Buy in March 2024

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Wall Street Analysts See Symbotic Inc. (SYM) as a Buy: Should You Invest?

Symbotic is getting faster at implementing its innovative robotic solutions.

Q&A With Wall Street: Symbotic Stock Analysis

CrowdStrike

Palantir Technologies

Mega-cap stocks like Nvidia are great but likely too big to make you rich single-handedly. Investors will have to look at smaller up-and-coming companies.

5 Artificial Intelligence (AI) Stocks That Could Make You a Millionaire

Rekor Systems Inc

Synaptics

The AI market is more prominent than ever and shows no signs of slowing down. The largest companies in the world are making significant investments in their AI departments keep pace.

3 Cheap AI Stocks to Buy in March 2024

Imperial Petroleum

Short-squeeze opportunities tend to be rarer today than in years past. Rapid, high-frequency trading and automated management systems mean that short sellers can monitor a stock's status to step in before short squeeze conditions align.

This Week's Top 3 Short-Squeeze Candidates

Kratos Defense & Security Solutions

Robots have many advantages for companies and for society. Companies are benefitting tremendously from their ability to perform many tasks at a fraction of the cost of humans.

Automation Aces: 3 Top Robotics Stocks to Command Your Portfolio

Symbotic still generates most of its revenue from Walmart. It created another major customer through a joint venture with SoftBank.

3 Things You Must Know Before Buying Symbotic Stock

Once again, Nvidia (NASDAQ: NVDA ) has proven that it isn't done growing. The artificial intelligence (AI) leader reported earnings for the fourth quarter of 2023 this morning, blowing past Wall Street estimates.

3 Hypergrowth AI Stocks to Buy That Can Beat Even Nvidia

WILMINGTON, Mass., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced the pricing of its previously announced underwritten public offering (the “Offering”) of 10,000,000 shares of its Class A common stock by the Company and certain trusts for the benefit of, and entities controlled by, Richard Cohen, the Company's founder, chairman and chief executive officer, or members of his family (the “Selling Securityholders”). In the offering, 5,000,000 shares of Class A common stock are being sold by the Company and 5,000,000 shares of Class A common stock are being sold by the Selling Securityholders, each at a public offering price of $40.50 per share. In addition, Symbotic has granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of its Class A common stock at the public offering price, less underwriting discounts and commissions.

Symbotic Announces Pricing of Primary and Secondary Offering of Class A Common Stock

WILMINGTON, Mass., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.

Symbotic Announces Primary and Secondary Offering of Class A Common Stock

Alphabet

NVIDIA

Artificial intelligence (AI) continues to be the hot trend in technology and the main driver of the stock market. Companies large and small are racing to roll out new AI features for both consumers and businesses, monetizing their products and gaining market share in the process.

3 AI Stocks to Turn $10,000 Into $1 Million: February 2024

Lucid is off to a slow start, but it could ramp up its production soon. Symbotic could transform warehouses with its autonomous robots.

3 Growth Stocks That Could More Than Triple Their Revenue by 2030

98 percent year-over-year revenue growth with a backlog exceeding $23B. Revenue will grow by more than $230,000 per site. Given the projected increases, the current share price is undervalued. Symbotic's leading customers consist of Walmart, Target, Albertsons, C&S Wholesale Grocers, and more.

Symbotic: Warehouse As A Service

Symbotic's stock price initially crashed after lackluster earnings and has since bounced back.

Symbotic Stock: Buy, Sell, or Hold?

Symbotic's Q1 revenue of $369 was in-line, but the stock price plunged over 20% due to high market expectations. Symbotic's delivery-based revenue model and dependencies on suppliers and subcontractors can lead to quarterly revenue fluctuations. We are reducing our revenue estimate for FY 2024 due to the slower pace of new system deployments.

News for Symbotic Inc Stock (SYM)