Added to YB: 2024-05-10
Pitch date: 2024-05-07
SYM [bullish]
Symbotic Inc.
+10.11%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Symbotic Inc., an automation technology company, develops technologies to enhance operating efficiencies in modern warehouses.
Market Cap
N/A
Pitch Price
$46.27
Price Target
55.00 (+8%)
Dividend
N/A
EV/EBITDA
N/A
P/E
N/A
EV/Sales
N/A
Sector
Machinery
Category
growth
Show full summary:
Symbotic Inc. - $SYM
SYM beat F2Q24 sales & EBITDA estimates, strong FCF. F3Q24 guide in-line but possibly conservative given recent execution, faster deployments. Secular growth story: GreenBox JV ramp, non-ambient share gains, BreakPack adoption. More details at investor day. Solid execution, improving FCF, growth opps = attractive LT risk/reward. $55 PT reiterated.
Read full article (1 min)