Symbotic downgraded by Craig Hallum with a new price target
$SYM
Industrial Machinery/Components
Industrials
Craig Hallum downgraded Symbotic from Buy to Hold and set a new price target of $25.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/6/2025 | Outperform → Mkt Perform | Raymond James | |
| 1/16/2025 | $35.00 | Outperform | Oppenheimer |
| 1/13/2025 | $37.00 | Buy | Citigroup |
| 1/8/2025 | $35.00 | Neutral → Buy | DA Davidson |
| 11/27/2024 | $25.00 | Buy → Hold | Craig Hallum |
| 11/27/2024 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 11/27/2024 | $50.00 → $35.00 | Buy → Neutral | DA Davidson |
| 7/23/2024 | $45.00 | Hold | Vertical Research |
8-K - Symbotic Inc. (0001837240) (Filer)
144 - Symbotic Inc. (0001837240) (Subject)
144 - Symbotic Inc. (0001837240) (Subject)
Raymond James downgraded Symbotic from Outperform to Mkt Perform
Oppenheimer initiated coverage of Symbotic with a rating of Outperform and set a new price target of $35.00
Citigroup resumed coverage of Symbotic with a rating of Buy and set a new price target of $37.00
WILMINGTON, Mass., June 09, 2025 (GLOBE NEWSWIRE) -- Symbotic Inc. (NASDAQ:SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced the appointment of Izzy Martins as Chief Financial Officer, effective August 9, 2025. Martins will join Symbotic as CFO-designate on July 1, 2025, succeeding Carol Hibbard who will depart to explore other opportunities. Hibbard will remain with the company through the end of the calendar year to ensure a smooth transition. Martins brings more than 20 years of financial and business leadership experience to Symbotic, most recently serving as Executive Vice President and Chief Financial Officer at Avis Budget Group, Inc., where s
WILMINGTON, Mass., May 15, 2025 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced the election of Eric Branderiz to its Board of Directors, effective May 14, 2025. Mr. Branderiz joins Symbotic's Board following a nearly 30-year career in public and private company finance and accounting, including in high-growth environments in industrial technology. Most recently, he served as Executive Vice President and Chief Financial Officer at Enphase Energy. Prior to Enphase Energy, Mr. Branderiz was Vice President, Corporate Controller and Chief Accounting Officer at Tesla. He has held senior finance and accounting r
WILMINGTON, Mass., May 07, 2025 (GLOBE NEWSWIRE) -- Symbotic Inc. (NASDAQ:SYM), a leader in A.I.-enabled robotics technology for the supply chain, announced financial results for its second quarter of fiscal year 2025, which ended on March 29, 2025. Symbotic posted revenue of $550 million, a net loss of $21 million and adjusted EBITDA1 of $35 million for the second quarter of fiscal year 2025. By comparison, in the second quarter of fiscal year 2024, Symbotic had revenue of $393 million, a net loss of $55 million and adjusted EBITDA1 of $9 million. Cash and cash equivalents increased by $52 million from the prior quarter to $955 million at the end of the second quarter of fiscal year 202
4 - Symbotic Inc. (0001837240) (Issuer)
4 - Symbotic Inc. (0001837240) (Issuer)
4 - Symbotic Inc. (0001837240) (Issuer)