On Nov 20, major Wall Street analysts update their ratings for $Symbotic (SYM.US)$, with price targets ranging from $10 to $60.
TD Cowen analyst Joseph C Giordano maintains with a buy rating, and maintains the target price at $43.
Cantor Fitzgerald analyst Derek Soderberg maintains with a buy rating, and maintains the target price at $60.
BWS Financial analyst Hamed Khorsand maintains with a sell rating, and maintains the target price at $10.
D.A. Davidson analyst Matt Summerville maintains with a buy rating, and maintains the target price at $47.
Northland Securities analyst Michael Latimore maintains with a buy rating, and adjusts the target price from $60 to $53.
Furthermore, according to the comprehensive report, the opinions of $Symbotic (SYM.US)$'s main analysts recently are as follows:
Symbotic significantly surpassed Q4 revenue and EBITDA expectations, achieving improved system gross margins both sequentially and marginally above consensus expectations. The company's notable revenue performance was propelled by a record number of system initiations, considerable advancement on systems currently being deployed, and a record number of four completions.
Symbotic's Q4 earnings surpassed expectations due to increased revenue and EBITDA, attributed to significant advancements across its 44 system deployments. Moreover, management announced a noteworthy achievement of completing four systems and initiating nine new deployments during the quarter. Additionally, construction commenced on a second GreenBox facility in Georgia.
Here are the latest investment ratings and price targets for $Symbotic (SYM.US)$ from 5 analysts:
Note:
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