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Symbotic Inc. (SYM) Registers a Bigger Fall Than the Market: Important Facts to Note
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Symbotic Inc. (SYM - Free Report) closed at $41.98 in the latest trading session, marking a -1.55% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 0.51% for the day. Meanwhile, the Dow experienced a drop of 0.2%, and the technology-dominated Nasdaq saw a decrease of 1.47%.
Coming into today, shares of the company had gained 6.15% in the past month. In that same time, the Business Services sector gained 2.81%, while the S&P 500 gained 0.53%.
The upcoming earnings release of Symbotic Inc. will be of great interest to investors. The company's earnings report is expected on August 5, 2026. On that day, Symbotic Inc. is projected to report earnings of $0.12 per share, which would represent year-over-year growth of 340%. Meanwhile, our latest consensus estimate is calling for revenue of $714.76 million, up 20.71% from the prior-year quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.5 per share and a revenue of $2.79 billion, representing changes of -72.53% and +24.13%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Symbotic Inc. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Right now, Symbotic Inc. possesses a Zacks Rank of #3 (Hold).
In terms of valuation, Symbotic Inc. is presently being traded at a Forward P/E ratio of 85.71. For comparison, its industry has an average Forward P/E of 17.16, which means Symbotic Inc. is trading at a premium to the group.
One should further note that SYM currently holds a PEG ratio of 2.86. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Technology Services industry had an average PEG ratio of 1.45 as trading concluded yesterday.
The Technology Services industry is part of the Business Services sector. With its current Zacks Industry Rank of 97, this industry ranks in the top 40% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow SYM in the coming trading sessions, be sure to utilize Zacks.com.
View the Zacks #1 Rank List
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Symbotic Inc. (SYM) Registers a Bigger Fall Than the Market: Important Facts to Note
Symbotic Inc. (SYM - Free Report) closed at $41.98 in the latest trading session, marking a -1.55% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 0.51% for the day. Meanwhile, the Dow experienced a drop of 0.2%, and the technology-dominated Nasdaq saw a decrease of 1.47%.
Coming into today, shares of the company had gained 6.15% in the past month. In that same time, the Business Services sector gained 2.81%, while the S&P 500 gained 0.53%.
The upcoming earnings release of Symbotic Inc. will be of great interest to investors. The company's earnings report is expected on August 5, 2026. On that day, Symbotic Inc. is projected to report earnings of $0.12 per share, which would represent year-over-year growth of 340%. Meanwhile, our latest consensus estimate is calling for revenue of $714.76 million, up 20.71% from the prior-year quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.5 per share and a revenue of $2.79 billion, representing changes of -72.53% and +24.13%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Symbotic Inc. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Right now, Symbotic Inc. possesses a Zacks Rank of #3 (Hold).
In terms of valuation, Symbotic Inc. is presently being traded at a Forward P/E ratio of 85.71. For comparison, its industry has an average Forward P/E of 17.16, which means Symbotic Inc. is trading at a premium to the group.
One should further note that SYM currently holds a PEG ratio of 2.86. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Technology Services industry had an average PEG ratio of 1.45 as trading concluded yesterday.
The Technology Services industry is part of the Business Services sector. With its current Zacks Industry Rank of 97, this industry ranks in the top 40% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow SYM in the coming trading sessions, be sure to utilize Zacks.com.