Boom Or Bust? Where Will Symbotic Inc (NASDAQ: SYM) Stock Go Next?

During the last session, Symbotic Inc (NASDAQ:SYM)’s traded shares were 1.12 million, with the beta value of the company hitting 1.95. At the end of the trading day, the stock’s price was $39.55, reflecting an intraday loss of -2.18% or -$0.88. The 52-week high for the SYM share is $64.14, that puts it down -62.17 from that peak though still a striking 43.36% gain since the share price plummeted to a 52-week low of $22.40. The company’s market capitalization is $21.04B, and the average trade volume was 1.48 million shares over the past three months.

Symbotic Inc (NASDAQ:SYM) trade information

Symbotic Inc (SYM) registered a -2.18% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.18% in intraday trading to $39.55, hitting a weekly high. The stock’s 5-day price performance is -1.35%, and it has moved by -17.41% in 30 days. Based on these gigs, the overall price performance for the year is 35.26%.

Symbotic Inc (SYM) estimates and forecasts

Statistics show that Symbotic Inc has outperformed its competitors in share price, compared to the industry in which it operates. Symbotic Inc (SYM) shares have gone down -3.79% during the last six months, with a year-to-date growth rate more than the industry average at 91.89% against 18.50. In the rating firms’ projections, revenue will increase 48.40% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 412.86M as predicted by 13 analyst(s). Meanwhile, a consensus of 13 analyst(s) estimates revenue growth to 448.41M by the end of current fiscal year.

While earnings are projected to return 984.82% in 2024.

SYM Dividends

Symbotic Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Symbotic Inc (NASDAQ:SYM)’s Major holders