
Symbotic Inc (SYM) Stock Forecast & Price Target
Symbotic Inc (SYM) Analyst Ratings
Bulls say
Symbotic Inc. reported a notable 27% year-over-year increase in system revenue, reaching $590.3 million, surpassing consensus estimates, which contributes to a positive outlook on the stock. The company forecasted robust revenue growth for the upcoming quarters, with expected increases of 18%-22% in FQ2 and 25%-29% in FQ1, supported by a significant rise in operation and software service revenues, which grew by 68.4% and 97% year-over-year, respectively. Additionally, the sustained gross margin improvements, with a current figure of 23.4% and software margins reaching 72.9%, further bolster confidence in Symbotic's financial health and operational efficiencies.
Bears say
The analysis of Symbotic Inc. presents a negative outlook primarily due to declining gross margins, which fell to 20.4% from 21.7% in the previous quarter, despite an increase from the previous year. Additionally, the potential for an upcoming recession poses a risk to capital expenditures, which may hinder the company's growth trajectory and threaten its profitability targets, particularly if deployment timelines cannot be compressed effectively. Lastly, reliance on suppliers under agreements that allow termination rights introduces operational uncertainty, further complicating the risk profile associated with system deployments and integration of recent acquisitions.
This aggregate rating is based on analysts' research of Symbotic Inc and is not a guaranteed prediction by Public.com or investment advice.
Symbotic Inc (SYM) Analyst Forecast & Price Prediction
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