In the last trading session, 1.27 million Symbotic Inc (NASDAQ:SYM) shares changed hands as the company’s beta touched 1.93. With the company’s per share price at $28.30 changed hands at $0.63 or 2.28% during last session, the market valuation stood at $16.69B. SYM’s last price was a discount, traded about -62.83% off its 52-week high of $46.08. The share price had its 52-week low at $16.32, which suggests the last value was 42.33% up since then.
Analysts gave the Symbotic Inc (SYM) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.06. If we narrow down to specifics, the data shows that 1 out of 13 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended SYM as a Hold, 10 felt it is a Buy and 0 rated the stock as Underweight.
Symbotic Inc (NASDAQ:SYM) trade information
Instantly SYM was in green as seen at the end of in last trading. With action 8.85%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 19.36%, with the 5-day performance at 8.85% in the green. However, in the 30-day time frame, Symbotic Inc (NASDAQ:SYM) is 38.66% up.
The consensus price target for the stock as assigned by Wall Street analysts is 35, meaning bulls need an upside of 19.14% from its current market value. According to analyst projections, SYM’s forecast low is 35 with 35 as the target high. To hit the forecast high, the stock’s price needs a -23.67% plunge from its current level, while the stock would need to soar -23.67% for it to hit the projected low.
Symbotic Inc (SYM) estimates and forecasts
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -415.28%. The 2025 estimates are for Symbotic Inc earnings to increase by 77.14%, but the outlook for the next 5-year period is at 79.36% per year.
Symbotic Inc (NASDAQ:SYM)’s Major holders
BAILLIE GIFFORD & CO holds the second largest percentage of outstanding shares, with 10.3408% or 10.66 million shares worth $374.84 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and GLOBAL X FUNDS-Global X Robotics & Artificial Intelligence ETF. With 1.49 shares estimated at $42.22 million under it, the former controlled 1.37% of total outstanding shares. On the other hand, GLOBAL X FUNDS-Global X Robotics & Artificial Intelligence ETF held about 1.08% of the shares, roughly 1.17 shares worth around $33.23 million.
