Oppenheimer maintains Symbotic stock rating at Outperform, cites new customer wins

Published 25/11/2025, 12:52
Oppenheimer maintains Symbotic stock rating at Outperform, cites new customer wins

Investing.com - Oppenheimer has reiterated an Outperform rating and $83.00 price target on Symbotic Inc. (NASDAQ:SYM), highlighting the company’s expanding customer base and end-market diversity. This target aligns with the stock’s analyst high target, according to InvestingPro data, which also suggests the company is currently undervalued based on its Fair Value assessment.

The research firm noted that Symbotic delivered upside to September quarter revenue and EBITDA while guiding December quarter revenue ahead of consensus with in-line EBITDA expectations. This performance contributes to the company’s impressive 35.75% revenue growth over the last twelve months, with total revenue reaching $2.19 billion.

Oppenheimer specifically highlighted the addition of Medline as a new customer, which opens a new end-market and validates Symbotic’s ability to support its growth expectations.

The firm expressed encouragement regarding margin expansion, citing improvements in construction management and Symbotic’s new storage structure as factors driving lower upfront costs for the company.

While maintaining revenue estimates, Oppenheimer indicated it is increasing operating expense expectations to reflect Symbotic’s investments in extending its technology leadership position.

In other recent news, Symbotic Inc. reported its fourth-quarter earnings for fiscal year 2025, revealing a mixed financial performance. The company posted an earnings per share (EPS) of -$0.03, which was below the anticipated $0.05, resulting in a negative surprise of 160%. However, Symbotic exceeded revenue expectations, generating $618 million compared to the forecasted $604.37 million. This strong revenue performance was a positive development for the company. Despite the EPS miss, the market reacted favorably to the robust revenue figures. These results are part of the latest developments concerning Symbotic Inc.

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