U.S. stocks edge higher; solid earnings season continues
Daniela L. Rus, a director of Symbotic Inc (NASDAQ: NASDAQ:SYM), sold 2,706 shares of Class A Common Stock on July 10, 2025, at a price of $49.0, for a total transaction value of $132594. The sale comes as Symbotic, now valued at $27.7 billion, trades near its 52-week high of $49.86, having surged 84% in the past six months. InvestingPro analysis shows notably volatile price movements with strong momentum across multiple timeframes. Following the transaction, Rus directly owns 23,729 shares of Symbotic Inc.
The sale was executed under a pre-arranged trading plan established on February 24, 2025, in accordance with Rule 10b5-1.
In other recent news, Symbotic Inc. reported strong financial results for the second quarter of 2025, with revenue reaching $550 million, surpassing the forecast of $522.43 million. Despite a net loss of $21 million, the company showed significant improvements over the previous year, driven by robust growth in software and operational services revenue. The company’s revenue grew by 40% year-over-year, highlighting its strategic focus on expanding product offerings and improving operational efficiencies. Furthermore, Symbotic’s backlog stands at nearly $23 billion, indicating a strong multiyear opportunity.
Symbotic also provided guidance for the third quarter, expecting revenue between $520 million to $540 million and adjusted EBITDA between $26 million to $30 million. In addition to its earnings report, TD Cowen maintained a Buy rating for Symbotic, with a price target of $45.00, expressing confidence in the company’s alignment with popular investment themes such as robotics, automation, and carbon reduction. The analyst firm noted Symbotic’s potential appeal to long-term investors interested in innovative technologies.
Symbotic’s acquisition of Walmart (NYSE:WMT) Advanced Systems and Robotics was another key development, expanding its product portfolio to include a micro-fulfillment solution. The company continues to focus on technology innovation and operational improvements, which have resulted in improved gross margin performance. As Symbotic progresses with its business plan and engages with investors, the market will closely watch its advancements in the dynamic field of automation and robotics.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.