Symbotic (SYM) shares plunge as earnings, revenue miss expectations

DA Davidson Upgrades Symbotic Inc. (SYM) to Buy

DA Davidson analyst Matt Summerville upgraded Symbotic Inc. (NASDAQ: SYM) from Neutral to Buy with a price target of $50.00.

The analyst comments "We are upgrading SYM shares to BUY ($50 PT, unch.) following a 24% pullback in the stock on... More

Symbotic Inc. (SYM) PT Lowered to $54 at Needham & Company

Needham & Company analyst James Ricchiuti lowered the price target on Symbotic Inc. (NASDAQ: SYM) to $54.00 (from $58.00) while maintaining a Buy rating.... More

Symbotic Inc. (SYM) PT Lowered to $52 at Baird

Baird analyst Robert Mason lowered the price target on Symbotic Inc. (NASDAQ: SYM) to $52.00 (from $54.00) while maintaining a Outperform rating.... More

Symbotic Inc. (SYM) PT Lowered to $44 at Goldman Sachs

Goldman Sachs analyst Mark Delaney lowered the price target on Symbotic Inc. (NASDAQ: SYM) to $44.00 (from $51.00) while maintaining a Neutral rating.... More

Symbotic Inc. (SYM) PT Lowered to $62 at Citi

Citi analyst Andrew Kaplowitz lowered the price target on Symbotic Inc. (NASDAQ: SYM) to $62.00 (from $70.00) while maintaining a Buy rating.... More

Symbotic Inc. (SYM) PT Lowered to $55 at KeyBanc

KeyBanc analyst Ken Newman lowered the price target on Symbotic Inc. (NASDAQ: SYM) to $55.00 (from $63.00) while maintaining a Overweight rating.... More

After-hours movers: Palantir, NXP Semiconductors and more

After-Hours Stock Movers:

NXP Semiconductors (NASDAQ: NXPI) stock rose 3% after it reported better than expected earnings per share in the final quarter of 2023 and solid guidance for the first quarter of 2024.

Palantir (NYSE:... More

Symbotic Inc. (SYM) Misses Q1 EPS by 4c

Symbotic Inc. (NASDAQ: SYM) reported Q1 EPS of ($0.02), $0.04 worse than the analyst estimate of $0.02. Revenue for the quarter came in at $368.45 million versus the consensus estimate of $368.84 million.

For earnings history and earnings-related data on Symbotic Inc. (SYM) click here.