TD Cowen maintains Symbotic stock Buy rating, $45 target

Published 28/05/2025, 17:24
TD Cowen maintains Symbotic stock Buy rating, $45 target

On Wednesday, TD Cowen reaffirmed its positive stance on Symbotic Inc. (NASDAQ:SYM), maintaining a Buy rating and a price target of $45.00. The company, currently valued at $17.6 billion, has shown remarkable momentum with a 14.85% gain in the past week. Following a series of European investor meetings, the firm’s analysts expressed confidence in Symbotic’s alignment with investment themes popular in the region, such as robotics, automation, and carbon reduction. According to InvestingPro analysis, the stock is trading near its Fair Value, with analyst targets ranging from $10 to $60.

The meetings, described as busy and productive, showcased Symbotic’s potential to fit into thematic portfolios that focus on identifying future market leaders. TD Cowen’s analysts believe that Symbotic’s narrative has successfully resonated with long-term, thematic-focused investors.

Symbotic’s business model, which emphasizes the orchestration and design of hardware for automation, is seen as having higher "value add gross margins" compared to the overall segment. This is attributed to the lower implied margins on the hardware itself, suggesting a more lucrative aspect of the company’s operations.

TD Cowen’s continued support for Symbotic comes as the company aims to execute its strategy effectively in the market. The firm’s analysts have long considered Symbotic as a company that would appeal to investors looking beyond immediate returns, to those interested in the long-term growth potential associated with innovative technologies and sustainable practices.

Symbotic, which specializes in robotics and automation solutions, is expected to capitalize on the growing demand for such technologies in various industries, particularly those seeking to enhance efficiency and reduce carbon footprints. The company’s focus on these areas positions it favorably in a market increasingly driven by environmental, social, and governance (ESG) factors.

The reiterated Buy rating and $45.00 price target reflect TD Cowen’s confidence in Symbotic’s strategic direction and its relevance to current investment trends. As the company continues to engage with investors and execute its business plan, the market will closely monitor its progress in the dynamic field of automation and robotics.

In other recent news, Symbotic Inc. reported its financial results for the second quarter of 2025, revealing a revenue of $550 million, which exceeded the forecasted $522.43 million. Despite a net loss of $21 million, the company has significantly improved from the previous year’s $55 million loss, driven by a 162% year-over-year increase in software revenue. Additionally, Symbotic completed its acquisition of Walmart (NYSE:WMT) Advanced Systems and Robotics, expanding its product offerings to include micro-fulfillment solutions. The company also provided guidance for the third quarter, expecting revenue between $520 million and $540 million. Symbotic continues to focus on enhancing deployment efficiency and exploring new market opportunities, such as its GreenBox warehouse-as-a-service. Analyst firms like Citi and Deutsche Bank (ETR:DBKGn) participated in the earnings call, seeking clarity on future system deployments and operational improvements. The company’s backlog stands at nearly $23 billion, indicating a strong pipeline of future projects.

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