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Symbotic

SYMNASDAQ
$39.50
0.310.79%
Pre-Market: 4:09 AM EDT
15 minutes delayed
Q3 2024 Earnings in 7 days from now on Mon Jul 29th, after the market close
Conference call scheduled in 7 days at 17:00 PM Click to view the webcast
Consensus Rating1
Buy
Highest Price Target1
$70.00
Lowest Price Target1
$16.00
Consensus Price Target1
$50.27

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Symbotic (NASDAQ:SYM) Stock, Analyst Ratings, Price Targets, Forecasts

Symbotic Inc has a consensus price target of $50.27 based on the ratings of 16 analysts. The high is $70 issued by Citigroup on August 2, 2023. The low is $16 issued by Citigroup on November 22, 2022. The 3 most-recent analyst ratings were released by Goldman Sachs, Craig-Hallum, and Needham on July 10, 2024, May 8, 2024, and May 7, 2024, respectively. With an average price target of $51.33 between Goldman Sachs, Craig-Hallum, and Needham, there's an implied 29.96% upside for Symbotic Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
3
1
Feb
1
Apr
1
May
1
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.2
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Goldman Sachs
Craig-Hallum
Needham
Deutsche Bank
Baird

1calculated from analyst ratings

Analyst Ratings for Symbotic

Buy NowGet Alert
07/10/2024Buy Now1.27%Goldman Sachs
Mark Delaney
$46 → $40MaintainsNeutralGet Alert
05/08/2024Buy Now51.9%Craig-Hallum
Greg Palm
$55 → $60MaintainsBuyGet Alert
05/07/2024Buy Now36.71%Needham
James Ricchiuti
→ $54ReiteratesBuy → BuyGet Alert
05/07/2024Buy Now46.84%Deutsche Bank
Nicole Deblase
$57 → $58MaintainsBuyGet Alert
05/07/2024Buy Now34.18%Baird
Robert Mason
$52 → $53MaintainsOutperformGet Alert
04/10/2024Buy Now51.9%Northland Capital Markets
Michael Latimore
$55 → $60MaintainsOutperformGet Alert
02/07/2024Buy Now26.58%DA Davidson
Matt Summerville
→ $50UpgradeNeutral → BuyGet Alert
02/06/2024Buy Now31.65%Baird
Robert Mason
$54 → $52MaintainsOutperformGet Alert
02/06/2024Buy Now11.39%Goldman Sachs
Mark Delaney
$51 → $44MaintainsNeutralGet Alert
02/06/2024Buy Now51.9%Cantor Fitzgerald
Derek Soderberg
→ $60ReiteratesOverweight → OverweightGet Alert
02/06/2024Buy Now36.71%Needham
James Ricchiuti
$58 → $54MaintainsBuyGet Alert
02/06/2024Buy Now39.24%Keybanc
Ken Newman
$63 → $58MaintainsOverweightGet Alert
11/22/2023Buy Now1.27%Goldman Sachs
Mark Delaney
$36 → $40MaintainsNeutralGet Alert
11/21/2023Buy Now51.9%Cantor Fitzgerald
Derek Soderberg
→ $60ReiteratesOverweight → OverweightGet Alert
11/21/2023Buy Now1.27%Goldman Sachs
Mark Delaney
$36 → $40MaintainsNeutralGet Alert
11/21/2023Buy Now46.84%Needham
James Ricchiuti
→ $58ReiteratesBuy → BuyGet Alert
11/21/2023Buy Now59.49%Keybanc
Ken Newman
$50 → $63MaintainsOverweightGet Alert
10/03/2023Buy Now-8.86%Goldman Sachs
Mark Delaney
$41 → $36MaintainsNeutralGet Alert
10/03/2023Buy Now26.58%Keybanc
Ken Newman
→ $50Initiates → OverweightGet Alert
09/05/2023Buy Now3.8%Goldman Sachs
Mark Delaney
$53 → $41MaintainsNeutralGet Alert
08/07/2023Buy Now39.24%TD Cowen
Joseph Giordano
$33 → $55MaintainsOutperformGet Alert
08/02/2023Buy Now34.18%Goldman Sachs
Mark Delaney
$32 → $53MaintainsNeutralGet Alert
08/02/2023Buy Now77.22%Citigroup
Itay Michaeli
$52 → $70MaintainsBuyGet Alert
08/01/2023Buy Now54.43%Craig-Hallum
Greg Palm
$48 → $61MaintainsBuyGet Alert
08/01/2023Buy NowWilliam Blair
Ross Sparenblek
DowngradeOutperform → Market PerformGet Alert
08/01/2023Buy Now26.58%DA Davidson
Matt Summerville
$36 → $50DowngradeBuy → NeutralGet Alert
08/01/2023Buy Now64.56%Raymond James
Brian Gesuale
$35 → $65MaintainsOutperformGet Alert
07/31/2023Buy Now46.84%Needham
James Ricchiuti
$43 → $58MaintainsBuyGet Alert
07/25/2023Buy Now21.52%Craig-Hallum
Greg Palm
$35 → $48MaintainsBuyGet Alert
07/25/2023Buy Now13.92%Northland Capital Markets
Michael Latimore
$35 → $45MaintainsOutperformGet Alert
07/25/2023Buy Now8.86%Needham
James Ricchiuti
$36 → $43MaintainsBuyGet Alert
07/11/2023Buy Now31.65%Citigroup
Itay Michaeli
$32 → $52MaintainsBuyGet Alert
06/29/2023Buy Now1.27%UBS
Chris Snyder
$34 → $40DowngradeBuy → NeutralGet Alert
05/24/2023Buy Now-8.86%DA Davidson
Matt Summerville
$30 → $36MaintainsBuyGet Alert
05/24/2023Buy Now-24.05%Goldman Sachs
Mark Delaney
$16 → $30MaintainsNeutralGet Alert
05/24/2023Buy Now-8.86%Needham
James Ricchiuti
$31 → $36MaintainsBuyGet Alert
05/22/2023Buy Now-8.86%Deutsche Bank
Nicole Deblase
$31 → $36MaintainsBuyGet Alert
05/22/2023Buy NowWilliam Blair
Ross Sparenblek
Reinstates → OutperformGet Alert
05/22/2023Buy Now-11.39%Northland Capital Markets
Michael Latimore
$30 → $35MaintainsOutperformGet Alert
05/22/2023Buy Now-18.99%Baird
Robert Mason
$28 → $32MaintainsOutperformGet Alert
05/03/2023Buy Now-16.46%TD Cowen
Joseph Giordano
$20 → $33MaintainsOutperformGet Alert
05/03/2023Buy Now-24.05%DA Davidson
Matt Summerville
$22 → $30MaintainsBuyGet Alert
05/03/2023Buy Now-29.11%Baird
Robert Mason
$24 → $28MaintainsOutperformGet Alert
05/02/2023Buy Now-21.52%Deutsche Bank
Nicole Deblase
$22 → $31MaintainsBuyGet Alert
05/02/2023Buy Now-24.05%Northland Capital Markets
Michael Latimore
$20 → $30MaintainsOutperformGet Alert
05/02/2023Buy Now-21.52%Needham
James Ricchiuti
$25 → $31MaintainsBuyGet Alert
05/02/2023Buy Now-11.39%Raymond James
Brian Gesuale
$23 → $35MaintainsOutperformGet Alert
04/20/2023Buy Now-11.39%Cantor Fitzgerald
Derek Soderberg
$24 → $35MaintainsOverweightGet Alert
04/17/2023Buy Now-11.39%Craig-Hallum
Greg Palm
→ $35Initiates → BuyGet Alert
04/10/2023Buy Now-18.99%Citigroup
Itay Michaeli
$16 → $32MaintainsBuyGet Alert
03/24/2023Buy Now-36.71%Needham
James Ricchiuti
$18 → $25MaintainsBuyGet Alert
01/31/2023Buy Now-64.56%Goldman Sachs
Mark Delaney
$10 → $14MaintainsNeutralGet Alert
01/31/2023Buy Now-54.43%Needham
James Ricchiuti
$17 → $18MaintainsBuyGet Alert
11/23/2022Buy Now-74.68%Goldman Sachs
Mark Delaney
$13 → $10MaintainsNeutralGet Alert
11/22/2022Buy Now-59.49%Citigroup
Andrew Kaplowitz
$21 → $16MaintainsBuyGet Alert
11/22/2022Buy Now-56.96%Needham
James Ricchiuti
$21 → $17MaintainsBuyGet Alert
10/11/2022Buy Now-67.09%Goldman Sachs
Mark Delaney
$19 → $13MaintainsNeutralGet Alert
09/19/2022Buy Now-56.96%UBS
Chris Snyder
→ $17Initiates → BuyGet Alert
08/02/2022Buy Now-44.3%Deutsche Bank
Nicole Deblase
$19 → $22MaintainsBuyGet Alert
08/02/2022Buy Now-49.37%Baird
Robert Mason
$18 → $20MaintainsOutperformGet Alert
08/02/2022Buy Now-41.77%Raymond James
Brian Gesuale
$18 → $23MaintainsOutperformGet Alert
08/02/2022Buy Now-46.84%Needham
James Ricchiuti
$18 → $21MaintainsBuyGet Alert
07/25/2022Buy Now-51.9%Goldman Sachs
Mark Delaney
→ $19Initiates → NeutralGet Alert
07/21/2022Buy Now-39.24%Cantor Fitzgerald
Derek Soderberg
→ $24Initiates → OverweightGet Alert
07/05/2022Buy Now-54.43%Raymond James
Brian Gesuale
→ $18Initiates → OutperformGet Alert
07/05/2022Buy Now-54.43%Needham
James Ricchiuti
→ $18Initiates → BuyGet Alert
07/01/2022Buy Now-62.03%Citigroup
Andrew Kaplowitz
→ $15Initiates → BuyGet Alert
06/23/2022Buy Now-51.9%Deutsche Bank
Nicole Deblase
→ $19Initiates → BuyGet Alert
06/23/2022Buy Now-54.43%Baird
Robert Mason
→ $18Initiates → OutperformGet Alert
06/21/2022Buy Now-54.43%Cowen & Co. → $18Initiates → OutperformGet Alert

FAQ

Q

What is the target price for Symbotic (SYM) stock?

A

The latest price target for Symbotic (NASDAQ:SYM) was reported by Goldman Sachs on July 10, 2024. The analyst firm set a price target for $40.00 expecting SYM to rise to within 12 months (a possible 1.27% upside). 31 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Symbotic (SYM)?

A

The latest analyst rating for Symbotic (NASDAQ:SYM) was provided by Goldman Sachs, and Symbotic maintained their neutral rating.

Q

When was the last upgrade for Symbotic (SYM)?

A

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.

Q

When was the last downgrade for Symbotic (SYM)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Symbotic (SYM)?

A

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 July 10, 2024 so you should expect the next rating to be made available sometime around July 10, 2025.

Q

Is the Analyst Rating Symbotic (SYM) correct?

A

While ratings are subjective and will change, the latest Symbotic (SYM) rating was a maintained with a price target of $46.00 to $40.00. The current price Symbotic (SYM) is trading at is $39.50, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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