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Symbotic Inc has a consensus price target of $42.06 based on the ratings of 18 analysts. The high is $65 issued by Raymond James on August 1, 2023. The low is $10 issued by BWS Financial on November 19, 2024. The 3 most-recent analyst ratings were released by DA Davidson, BWS Financial, and Keybanc on November 19, 2024, respectively. With an average price target of $35 between DA Davidson, BWS Financial, and Keybanc, there's an implied -4.11% downside for Symbotic Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Symbotic (NASDAQ:SYM) was reported by DA Davidson on November 19, 2024. The analyst firm set a price target for $47.00 expecting SYM to rise to within 12 months (a possible 28.77% upside). 35 analyst firms have reported ratings in the last year.
The latest analyst rating for Symbotic (NASDAQ:SYM) was provided by DA Davidson, and Symbotic maintained their buy rating.
The last upgrade for Symbotic Inc happened on February 7, 2024 when DA Davidson raised their price target to $50. DA Davidson previously had a neutral for Symbotic Inc.
The last downgrade for Symbotic Inc happened on August 1, 2023 when William Blair changed their price target from N/A to N/A for Symbotic Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Symbotic, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Symbotic was filed on November 19, 2024 so you should expect the next rating to be made available sometime around November 19, 2025.
While ratings are subjective and will change, the latest Symbotic (SYM) rating was a maintained with a price target of $47.00 to $47.00. The current price Symbotic (SYM) is trading at is $36.50, which is out of the analyst’s predicted range.
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