Symbotic Inc stock hits all-time high at 64.19 USD

Published 02/10/2025, 20:36
Symbotic Inc stock hits all-time high at 64.19 USD

Symbotic Inc stock reached a new all-time high, climbing to 64.19 USD, approaching its 52-week high of 64.16 USD. According to InvestingPro analysis, the company appears slightly overvalued at current levels, despite showing strong financial health with a GOOD overall score. This milestone underscores the company’s robust performance over the past year, marked by a remarkable 178.04% increase in its stock price. The significant growth is supported by impressive revenue growth of 35.75% and a substantial market capitalization of $37.81 billion. The strong performance can be attributed to various strategic initiatives and market dynamics that have favored the company, reflecting investor confidence and interest in Symbotic Inc’s future prospects. InvestingPro subscribers can access 15 additional key insights and a comprehensive Pro Research Report for deeper analysis of Symbotic’s growth trajectory. This all-time high is a testament to the company’s ability to capitalize on market opportunities and deliver value to its shareholders, with analyst price targets ranging from $10 to $65, reflecting diverse market expectations for the company’s future performance.

In other recent news, Symbotic Inc. reported its third-quarter 2025 earnings, revealing a revenue increase of 26% year-over-year, totaling $592 million. Despite this revenue growth, the company posted an unexpected loss per share of $0.05, falling short of the forecasted earnings per share of $0.05. This earnings miss contributed to a notable premarket stock decline. In another development, UBS downgraded Symbotic from Neutral to Sell, citing valuation concerns. The firm’s decision to downgrade came despite the stock’s substantial performance increase of approximately 170% since early April. UBS raised its price target for Symbotic to $35.00, highlighting concerns over the company’s high equity valuation. UBS expressed doubts about growth acceleration and the lack of new business wins beyond its main customer, Walmart. These recent developments provide a glimpse into Symbotic’s current financial and market standing.

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