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Symbotic Inc. (SYM) Suffers a Larger Drop Than the General Market: Key Insights
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Symbotic Inc. (SYM - Free Report) closed the most recent trading day at $62.96, moving -3.33% from the previous trading session. This move lagged the S&P 500's daily loss of 0.64%. On the other hand, the Dow registered a loss of 0.59%, and the technology-centric Nasdaq decreased by 0.59%.
The company's stock has climbed by 23.82% in the past month, exceeding the Business Services sector's gain of 4.74% and the S&P 500's gain of 9.33%.
The investment community will be paying close attention to the earnings performance of Symbotic Inc. in its upcoming release. The company is slated to reveal its earnings on May 6, 2026. The company is forecasted to report an EPS of $0.11, showcasing a 375% upward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $660.6 million, up 20.19% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $0.48 per share and a revenue of $2.76 billion, demonstrating changes of -73.63% and +23.04%, respectively, from the preceding year.
Investors should also note any recent changes to analyst estimates for Symbotic Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Symbotic Inc. presently features a Zacks Rank of #3 (Hold).
Looking at its valuation, Symbotic Inc. is holding a Forward P/E ratio of 135.69. This represents a premium compared to its industry average Forward P/E of 16.8.
Also, we should mention that SYM has a PEG ratio of 4.52. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The average PEG ratio for the Technology Services industry stood at 1.41 at the close of the market yesterday.
The Technology Services industry is part of the Business Services sector. This industry, currently bearing a Zacks Industry Rank of 174, finds itself in the bottom 29% echelons of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Symbotic Inc. (SYM) Suffers a Larger Drop Than the General Market: Key Insights
Symbotic Inc. (SYM - Free Report) closed the most recent trading day at $62.96, moving -3.33% from the previous trading session. This move lagged the S&P 500's daily loss of 0.64%. On the other hand, the Dow registered a loss of 0.59%, and the technology-centric Nasdaq decreased by 0.59%.
The company's stock has climbed by 23.82% in the past month, exceeding the Business Services sector's gain of 4.74% and the S&P 500's gain of 9.33%.
The investment community will be paying close attention to the earnings performance of Symbotic Inc. in its upcoming release. The company is slated to reveal its earnings on May 6, 2026. The company is forecasted to report an EPS of $0.11, showcasing a 375% upward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $660.6 million, up 20.19% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $0.48 per share and a revenue of $2.76 billion, demonstrating changes of -73.63% and +23.04%, respectively, from the preceding year.
Investors should also note any recent changes to analyst estimates for Symbotic Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Symbotic Inc. presently features a Zacks Rank of #3 (Hold).
Looking at its valuation, Symbotic Inc. is holding a Forward P/E ratio of 135.69. This represents a premium compared to its industry average Forward P/E of 16.8.
Also, we should mention that SYM has a PEG ratio of 4.52. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The average PEG ratio for the Technology Services industry stood at 1.41 at the close of the market yesterday.
The Technology Services industry is part of the Business Services sector. This industry, currently bearing a Zacks Industry Rank of 174, finds itself in the bottom 29% echelons of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.