Symbotic

SYM · NASDAQ

$39.69+$0.68 (+1.74%)TodayMarket closed · Oct 20, 7:59 PM ET

Prev close $39.01

SYM analyst rating

HoldConsensus of 11 analysts over the last 12 months. 73% rate it a buy.

Strong buy0
Buy8
Hold1
Underperform1
Sell1

12-month price target · 17 analysts

Average $63.18 (+59.2% upside)

Low: $38.38
Now: $39.69
High: $89.25

Upgrades and downgrades

The latest rating actions, newest first

SYM analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Needham	Sep 15, 2026	Maintains	Buy	$75.00 → $60.00	47%
Barclays	Sep 8, 2026	Maintains	Underweight	$44.00 → $38.00	62%
Needham	Aug 6, 2026	Maintains	Buy	$75.00	59%
Goldman Sachs	May 26, 2026	Maintains	Sell	$54.00 → $45.00	60%
DA Davidson	May 11, 2026	Maintains	Buy	$70.00	49%
DA Davidson	Apr 15, 2026	Upgrade	Neutral → Buy	$57.00 → $70.00	49%
Barclays	Mar 16, 2026	Maintains	Underweight	$42.00 → $44.00	62%
Keybanc	Feb 19, 2026	Upgrade	Sector Weight → Overweight	$70.00	77%
DA Davidson	Feb 9, 2026	Maintains	Neutral	$53.00 → $57.00	49%
Needham	Feb 5, 2026	Maintains	Buy	$70.00 → $75.00	59%

The case for and against

Updated Oct 14, 2026

Bull case

Symbotic is supported by a deep $22.5 billion-plus backlog that provides strong multi-year revenue visibility, while cumulative pricing adjustments of about $5.8 billion from 4Q22-3Q26 suggest further upside as new sites start and scopes are finalized. Its AI-enabled warehouse automation platform is already winning adoption from major retailers like Walmart and Albertsons, and recent results were strong, with FQ3 revenue up 22% year over year to $721 million and adjusted EBITDA more than doubling to $95.2 million. The outlook is further strengthened by improving margins, a healthy balance sheet with about $2 billion of cash and no debt, and multiple catalysts including Exol, SymMicro, and expanding deployments with existing customers.

Bear case

Symbotic is viewed negatively because its growth depends on a highly concentrated customer base, with FY24 revenue tied 87% to one customer and 93% of receivables owed by that same customer, while backlog still slipped modestly to $22.5B at the end of June. The bear case also points to slower 2-year sales CAGR of 14% if macro weakness, longer deployment timelines, and skilled-labor constraints prevent the company from compressing installations and scaling new customers like Exol and GreenBox. With software revenue only $12.8MM and gross margin easing to 73% from 79% a year ago, higher deployment costs and weaker margin progress could delay leverage and drive multiple compression.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.