Track market-moving stories before they get noisy

Symbotic Inc. (SYM - Free Report) ended the recent trading session at $40.57, demonstrating a -4.45% change from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 1.21% for the day. On the other hand, the Dow registered a loss of 0.97%, and the technology-centric Nasdaq decreased by 2.15%.

Heading into today, shares of the company had gained 7.68% over the past month, outpacing the Business Services sector's gain of 3.63% and the S&P 500's gain of 0.42%.

The upcoming earnings release of Symbotic Inc. will be of great interest to investors. The company's earnings report is expected on August 5, 2026. The company is predicted to post an EPS of $0.12, indicating a 340% growth compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $714.76 million, up 20.71% from the year-ago period.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $0.5 per share and a revenue of $2.79 billion, indicating changes of -72.53% and +24.13%, respectively, from the former year.

Investors should also pay attention to any latest changes in analyst estimates for Symbotic Inc. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Symbotic Inc. currently has a Zacks Rank of #3 (Hold).

Valuation is also important, so investors should note that Symbotic Inc. has a Forward P/E ratio of 85.35 right now. This indicates a premium in contrast to its industry's Forward P/E of 16.57.

We can additionally observe that SYM currently boasts a PEG ratio of 2.84. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Technology Services stocks are, on average, holding a PEG ratio of 1.44 based on yesterday's closing prices.

The Technology Services industry is part of the Business Services sector. This industry, currently bearing a Zacks Industry Rank of 91, finds itself in the top 37% echelons of all 250+ industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.

Symbotic Inc. (SYM - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.

Shares of this company have returned +7.7% over the past month versus the Zacks S&P 500 composite's +0.4% change. The Zacks Technology Services industry, to which SYMBOTIC INC belongs, has lost 4.7% over this period. Now the key question is: Where could the stock be headed in the near term?

While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.

Earnings Estimate RevisionsHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.

For the current quarter, SYMBOTIC INC is expected to post earnings of $0.12 per share, indicating a change of +340% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.

The consensus earnings estimate of $0.5 for the current fiscal year indicates a year-over-year change of -72.5%. This estimate has remained unchanged over the last 30 days.

For the next fiscal year, the consensus earnings estimate of $0.67 indicates a change of +34.5% from what SYMBOTIC INC is expected to report a year ago. Over the past month, the estimate has changed +6.3%.

With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for SYMBOTIC INC.

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Revenue Growth ForecastWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.

For SYMBOTIC INC, the consensus sales estimate for the current quarter of $714.76 million indicates a year-over-year change of +20.7%. For the current and next fiscal years, $2.79 billion and $3.62 billion estimates indicate +24.1% and +30% changes, respectively.

Last Reported Results and Surprise HistorySYMBOTIC INC reported revenues of $676.48 million in the last reported quarter, representing a year-over-year change of +23.1%. EPS of $0.44 for the same period compares with -$0.04 a year ago.

Compared to the Zacks Consensus Estimate of $660.6 million, the reported revenues represent a surprise of +2.4%. The EPS surprise was +300%.

Over the last four quarters, SYMBOTIC INC surpassed consensus EPS estimates three times. The company topped consensus revenue estimates each time over this period.

ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.

While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.

As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

SYMBOTIC INC is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about SYMBOTIC INC. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.

The most rewarding time to buy an industrial company is often right before its growth truly accelerates, when the orders are signed but the revenue has not yet fully arrived.

The three industrials below fit that description today. Each is sitting on an enormous backlog or commitment pipeline that's only beginning to convert into sales, which means their biggest years may still be in front of them. All three ride the same powerful force: the race to build the physical infrastructure behind AI, from power to logistics.

Image source: Getty Images.

1. Eaton Eaton (ETN +0.14%) makes the electrical equipment that moves and manages power, and it has become one of the biggest beneficiaries of the data center boom. The scale of demand is hard to overstate. Its data center orders recently jumped around 240% from a year earlier, and it now counts a total data center backlog equal to roughly 11 years of construction at 2025 build rates. That is not a one-year spike; it is a decade of visible work waiting to be delivered.

What makes Eaton compelling before its biggest years is that this backlog is still converting. The company raised its 2026 growth outlook and is investing $1.5 billion to expand North American manufacturing so it can actually fulfill the orders piling up. Beyond data centers, it benefits from grid modernization, reshoring of factories, and the electrification of everything from buildings to aircraft. Eaton is the picks-and-shovels play on electricity demand, and that demand is only accelerating.

Today's Change

(

0.14

%) $

0.57

Current Price

$

400.56

2. Bloom Energy Bloom Energy (BE 6.62%) tackles the single biggest bottleneck in the AI buildout: getting enough power, fast. Its solid-oxide fuel cells generate electricity on-site, which lets a data center come online without waiting years for the utility grid to catch up. That value proposition has suddenly clicked. Bloom signed billions of dollars in data center-related contracts in a single quarter, landed a long-term offtake agreement with a major utility, and expanded a partnership with Brookfield to a staggering $25 billion, up from an original $5 billion framework.

To meet that demand, Bloom is working to double its manufacturing capacity. This is the highest-risk name of the three, because the company is still proving it can turn these commitments into consistent profits, and fuel cells face competition from other power solutions. But if even a portion of that pipeline converts, Bloom's biggest growth years are clearly ahead rather than behind.

Today's Change

(

-6.62

%) $

-14.22

Current Price

$

200.74

3. Symbotic Symbotic (SYM 1.53%) builds AI-powered robotics systems that automate warehouses, and its order book is enormous relative to its size. The company holds a backlog of roughly $22.7 billion, the vast majority tied to Walmart, and it deepened that relationship by acquiring Walmart's advanced robotics business and signing an agreement covering hundreds of future fulfillment systems. As those systems get deployed, revenue and profitability are ramping, with the company now guiding to positive adjusted earnings.

The catch is concentration and execution. So much of Symbotic's backlog depends on a single customer, and investors have questioned how quickly that backlog converts into revenue. Those are real concerns. But few industrials this size have such a long runway of contracted work, and the shift toward automated logistics is still in its early innings.

Today's Change

(

-1.53

%) $

-0.63

Current Price

$

40.62

Buying before the growth arrives means accepting uncertainty. Eaton trades at a premium that assumes years of strong execution, so any slowdown in data center spending would hurt. Bloom isn't consistently profitable and leans on huge partnerships that must deliver. Symbotic depends heavily on Walmart and has faced scrutiny over how quickly it books revenue. All three are also tied to capital spending cycles that can cool if the economy weakens.

The takeaway for investors Eaton, Bloom Energy, and Symbotic share a rare quality: mountains of contracted or committed work that has only started to flow through their results. That gives each a visible path to its biggest growth years, whether it is powering data centers, energizing them on-site, or automating the warehouses that keep commerce moving. I would treat Eaton as the sturdier anchor and Bloom and Symbotic as higher-risk, higher-reward bets, sizing each to match your tolerance. The opportunity lies in buying before the acceleration, not after everyone can see it.

Symbotic Inc. (SYM - Free Report) closed at $41.98 in the latest trading session, marking a -1.55% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 0.51% for the day. Meanwhile, the Dow experienced a drop of 0.2%, and the technology-dominated Nasdaq saw a decrease of 1.47%.

Coming into today, shares of the company had gained 6.15% in the past month. In that same time, the Business Services sector gained 2.81%, while the S&P 500 gained 0.53%.

The upcoming earnings release of Symbotic Inc. will be of great interest to investors. The company's earnings report is expected on August 5, 2026. On that day, Symbotic Inc. is projected to report earnings of $0.12 per share, which would represent year-over-year growth of 340%. Meanwhile, our latest consensus estimate is calling for revenue of $714.76 million, up 20.71% from the prior-year quarter.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.5 per share and a revenue of $2.79 billion, representing changes of -72.53% and +24.13%, respectively, from the prior year.

Investors might also notice recent changes to analyst estimates for Symbotic Inc. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Right now, Symbotic Inc. possesses a Zacks Rank of #3 (Hold).

In terms of valuation, Symbotic Inc. is presently being traded at a Forward P/E ratio of 85.71. For comparison, its industry has an average Forward P/E of 17.16, which means Symbotic Inc. is trading at a premium to the group.

One should further note that SYM currently holds a PEG ratio of 2.86. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Technology Services industry had an average PEG ratio of 1.45 as trading concluded yesterday.

The Technology Services industry is part of the Business Services sector. With its current Zacks Industry Rank of 97, this industry ranks in the top 40% of all industries, numbering over 250.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow SYM in the coming trading sessions, be sure to utilize Zacks.com.

Symbotic Inc. (SYM - Free Report) closed at $43.64 in the latest trading session, marking a +1.14% move from the prior day. This change outpaced the S&P 500's 0.42% gain on the day. Elsewhere, the Dow saw an upswing of 0.29%, while the tech-heavy Nasdaq appreciated by 0.29%.

The stock of company has risen by 0.75% in the past month, lagging the Business Services sector's gain of 2.8% and the S&P 500's gain of 2.2%.

Analysts and investors alike will be keeping a close eye on the performance of Symbotic Inc. in its upcoming earnings disclosure. The company's upcoming EPS is projected at $0.12, signifying a 340.00% increase compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $714.76 million, up 20.71% from the year-ago period.

SYM's full-year Zacks Consensus Estimates are calling for earnings of $0.5 per share and revenue of $2.79 billion. These results would represent year-over-year changes of -72.53% and +24.13%, respectively.

Investors might also notice recent changes to analyst estimates for Symbotic Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Symbotic Inc. is currently a Zacks Rank #5 (Strong Sell).

Digging into valuation, Symbotic Inc. currently has a Forward P/E ratio of 86.73. This signifies a premium in comparison to the average Forward P/E of 17.05 for its industry.

Meanwhile, SYM's PEG ratio is currently 2.89. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. SYM's industry had an average PEG ratio of 1.52 as of yesterday's close.

The Technology Services industry is part of the Business Services sector. This industry currently has a Zacks Industry Rank of 152, which puts it in the bottom 39% of all 250+ industries.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow SYM in the coming trading sessions, be sure to utilize Zacks.com.

Investors with an interest in Technology Services stocks have likely encountered both Full Truck Alliance Co. Ltd. Sponsored ADR (YMM - Free Report) and Symbotic Inc. (SYM - Free Report) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.

Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits.

Full Truck Alliance Co. Ltd. Sponsored ADR and Symbotic Inc. are sporting Zacks Ranks of #2 (Buy) and #3 (Hold), respectively, right now. The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that YMM has an improving earnings outlook. However, value investors will care about much more than just this.

Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current share price levels.

The Value category of the Style Scores system identifies undervalued companies by looking at a number of key metrics. These include the long-favored P/E ratio, P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that help us determine a company's fair value.

YMM currently has a forward P/E ratio of 12.04, while SYM has a forward P/E of 85.91. We also note that YMM has a PEG ratio of 0.73. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. SYM currently has a PEG ratio of 2.86.

Another notable valuation metric for YMM is its P/B ratio of 1.5. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. For comparison, SYM has a P/B of 25.06.

These metrics, and several others, help YMM earn a Value grade of A, while SYM has been given a Value grade of D.

YMM stands above SYM thanks to its solid earnings outlook, and based on these valuation figures, we also feel that YMM is the superior value option right now.

July 02, 2026 03:00 ET  | Source: Symbotic Inc.

Transaction expands Symbotic’s solution from automation execution to full-scale, AI-powered operational intelligence across the entire warehouse ecosystem

Unifies automated systems and human workflows to enable seamless operations in highly complex environments with reduced downtime and improved performance

WILMINGTON, Mass., July 02, 2026 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced the acquisition of ARMS Innovations Ltd. (ARMS), a UK-based software company specializing in real-time operational intelligence solutions for complex automated warehouse environments. The acquisition marks a significant strategic milestone in Symbotic’s mission to transform supply chain operations by advancing a new industry category: Warehouse Operations Optimization.

By integrating ARMS’s advanced software capabilities, the Symbotic System will expand beyond industry-leading automation into a comprehensive, real-time operational solution that unifies and optimizes every element of warehouse performance – across both automated systems and human workflows.

Advancing a New Industry Category
With the addition of ARMS, Symbotic is spearheading a new industry category with a greater scope than traditional warehouse management (WMS) or warehouse execution systems (WES): enterprise-level Warehouse Operations Optimization. The acquisition will enable Symbotic to extend its capabilities from executing automated tasks to managing and orchestrating entire warehouse environments. It expects the combined solution to function as a true “operational nervous system,” delivering end-to-end visibility and control across all activities, including predicting maintenance needs, identifying disruptions in real time, and dynamically managing complex workflows.

“By combining Symbotic’s automation leadership with ARMS’s proven operational intelligence software, we are taking a major step forward in our vision of delivering a fully integrated, intelligent supply chain platform,” said Rick Cohen, Chairman and CEO of Symbotic. “With this acquisition, we can help customers accelerate the transformation of their distribution centers into smart, highly synchronized ecosystems designed to maximize productivity and uptime.”

AI-Powered Orchestration of People, Robots, and Workflows
The ARMS technology is a tested, proven solution designed to meet complex real-world operational challenges. ARMS’s software introduces a powerful layer of AI-driven warehouse operations orchestration that seamlessly coordinates people, robotics, and workflows. The solution dynamically matches tasks with the right resources – whether human or machine – based on skills, availability, and operational needs.

The system identifies who is on-site, what skills they possess, and where they are needed most. When issues arise, the technology goes beyond simple alerts: it diagnoses the problem, assigns the appropriate personnel, orders parts if needed, and manages the resolution process in real time. This helps transform operations from reactive troubleshooting to synchronized execution, enabling customers to optimize individual facilities and – ultimately – to standardize new levels of operational excellence across entire logistics networks.

“ARMS was built to solve the realities of complex automated warehouse environments, with a focus on driving continuous improvement in customers’ operations while reducing costs,” said Walt Odisho, Chief Manufacturing & Supply Chain Officer at Symbotic. “We look forward to scaling that proven expertise and bringing further transformative capabilities to organizations worldwide.”

The acquisition strengthens Symbotic’s ability to serve highly complex environments that demand continuous visibility and agile decision-making, including micro-fulfillment centers and floor-loaded inbound logistics operations. With the ARMS technology, Symbotic’s solution will be positioned to provide real-time awareness of every critical component, enabling centralized command centers to manage the demands of today’s warehouse and e-commerce environments at scale, and with unprecedented precision.

ABOUT SYMBOTIC
Symbotic is an automation technology leader reimagining the supply chain with its end-to-end, A.I.-powered robotic and software platform. Symbotic reinvents the warehouse as a strategic asset for the world’s largest retail, wholesale, food & beverage, and medical supply distribution companies. Applying next-generation technology, high-density storage and machine learning to solve today's complex distribution challenges, Symbotic enables companies to move goods with unmatched speed, agility, accuracy and efficiency. As the backbone of commerce Symbotic transforms the flow of goods and the economics of the supply chain for its customers. For more information, visit www.symbotic.com.

FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Generally, statements that are not historical facts, including statements concerning possible or assumed future actions, business strategies, events, backlog, or results of operations, are forward-looking statements. These statements may be preceded by, followed by or include the words “will,” “believes,” “estimates,” “expects,” “projects,” “forecasts,” “may,” “should,” “seeks,” “plans,” “scheduled,” “anticipates,” or “intends” or similar expressions. These forward-looking statements include, but are not limited to, statements about Symbotic’s acquisition of ARMS Innovations and new industry category, Warehouse Operations Optimization. Such forward-looking statements involve risks and uncertainties that may cause actual events, results or performance to differ materially from those indicated by such statements. Certain of these risks are identified and discussed in Symbotic’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the “SEC”) on November 24, 2025. These forward-looking statements are expressed in good faith, and Symbotic believes there is a reasonable basis for them. However, there can be no assurance that the events, results or trends identified in these forward-looking statements will occur or be achieved. Forward-looking statements speak only as of the date they are made and are based on the beliefs, estimates, expectations and opinions of management on that date. Symbotic is not under any obligation, and expressly disclaims any obligation to update, alter or otherwise revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. Readers should carefully review the statements set forth in the reports that Symbotic has filed or will file from time to time with the SEC.

MEDIA CONTACT

Matt Buckley
Vice President, Communications
[email protected]

INVESTOR RELATIONS CONTACT

Charlie Anderson
Vice President, Investor Relations & Corporate Development
[email protected]

Peggy Johnson, a former Microsoft and Magic Leap executive who is now the CEO of Agility Robotics, used a CNBC segment to announce that her company is going public through a SPAC merger with Churchill Capital Corp., a deal she describes as the first pure-play humanoid robotics company to tap public markets.

The company, a leader in commercially deployed humanoid robots, is set to enter the public markets and offer investors direct exposure to one of the most closely watched trends in artificial intelligence and automation.

Agility’s Business Vision The humanoid robotics story so far has been dominated by prototypes. Tesla’s Optimus and the robots developed at SpaceX still mostly live in demo reels. Agility’s argument is that its “Digit” humanoid is already deployed and doing real work in customer facilities, including Amazon warehouses, handling “dirty, dangerous, dull” jobs.

Amazon’s role as a deployment partner matters because the e-commerce giant is one of the largest robotics investors and operators in the world, and its willingness to put third-party humanoids inside live fulfillment operations is a real-world stress test rather than a staged demo.

Johnson frames the operational record as a moat. Years of real deployments, she says, generate the data that lets Agility fine-tune movements and teach Digit new skills more quickly than competitors still running closed pilots. That data flywheel is the same logic that autonomous-driving bulls have used for years, applied to a different physical form factor.

The Data CEO Johnson Highlighted According to Agility, the next-generation Digit has been engineered for industrial duty cycles. Johnson says the robot runs roughly 20 of every 24 hours, with a recharge window built into the daily schedule, and can repeatedly lift approximately 50 pounds. The hands are designed as replaceable, task-specific end effectors, so the same body can be reconfigured for different jobs without redesigning the platform.

On the size of the market, Johnson pointed to outside research. Barclays projects that the robotics market will reach $200 billion by 2035.

Why a SPAC, and What the Capital Funds Agility’s CEO defended the route to market, calling the SPAC structure the most flexible way to meet what she described as pent-up investor demand for direct exposure to humanoid robotics. The proceeds, she said, are earmarked to accelerate existing customer engagements and expand into adjacent markets, with healthcare cited as a logical next vertical.

Context from the IPO calendar is sparse for robotics specifically. The week’s confirmed listings include DPC Holdings, Investment Technology Group, and Lime Energy, none of which are robotics companies. That scarcity helps explain why a pure-play humanoid name could attract concentrated interest from thematic funds.

The Listed Robotics Companies Agility Would Join On the pure-play end, Intuitive Surgical (NASDAQ:ISRG | ISRG Price Prediction) carries a market cap of around $142.8 billion, while smaller specialists like Symbotic (NASDAQ:SYM) in warehouse automation and Serve Robotics (NASDAQ:SERV) in autonomous delivery sit at roughly $4.9 billion and $545 million, respectively.

Thematic exposure has largely run through ETFs such as Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) and ARK Autonomous Technology & Robotics ETF (NYSEARCA:ARKQ).

What to Watch Next Johnson’s deployment narrative arrives alongside louder corporate signals that humanoid and semi-humanoid labor is moving from research to procurement. JD.com founder Richard Liu said on June 22, 2026, that robots will eventually replace all 700,000 of the company’s delivery workers, and JD has launched a retraining program in partnership with 120 schools across China to push displaced staff into robot maintenance roles.

For investors, the questions to watch as the Churchill deal progresses are unit economics on deployed Digits, the pace of customer expansion beyond Amazon, and whether the healthcare push Johnson teased translates into named pilots before the merger closes.

Symbotic's latest quarter showed strong execution, with healthy revenue growth, expanding gross margins, positive operating income, and higher adjusted EBITDA. Symbotic is well positioned to benefit from the next wave of AI adoption, particularly in warehouse robotics and physical automation. New customer wins with Associated Wholesale Grocers and Medline show that the company is continuing to broaden its customer base.

Symbotic Inc. (SYM - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

Over the past month, shares of this company have returned -19.6%, compared to the Zacks S&P 500 composite's +0.3% change. During this period, the Zacks Technology Services industry, which SYMBOTIC INC falls in, has lost 2.9%. The key question now is: What could be the stock's future direction?

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.

Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.

For the current quarter, SYMBOTIC INC is expected to post earnings of $0.12 per share, indicating a change of +340% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.

For the current fiscal year, the consensus earnings estimate of $0.5 points to a change of -72.5% from the prior year. Over the last 30 days, this estimate has remained unchanged.

For the next fiscal year, the consensus earnings estimate of $0.63 indicates a change of +25.8% from what SYMBOTIC INC is expected to report a year ago. Over the past month, the estimate has remained unchanged.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, SYMBOTIC INC is rated Zacks Rank #3 (Hold).

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.

For SYMBOTIC INC, the consensus sales estimate for the current quarter of $714.76 million indicates a year-over-year change of +20.7%. For the current and next fiscal years, $2.79 billion and $3.62 billion estimates indicate +24.1% and +30% changes, respectively.

Last Reported Results and Surprise HistorySYMBOTIC INC reported revenues of $676.48 million in the last reported quarter, representing a year-over-year change of +23.1%. EPS of $0.44 for the same period compares with -$0.04 a year ago.

Compared to the Zacks Consensus Estimate of $660.6 million, the reported revenues represent a surprise of +2.4%. The EPS surprise was +300%.

Over the last four quarters, SYMBOTIC INC surpassed consensus EPS estimates three times. The company topped consensus revenue estimates each time over this period.

ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.

While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.

As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

SYMBOTIC INC is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about SYMBOTIC INC. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.

Symbotic Inc. (SYM - Free Report) closed the most recent trading day at $41.63, moving -2.8% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.5% for the day. Meanwhile, the Dow gained 0.7%, and the Nasdaq, a tech-heavy index, added 0.31%.

The company's shares have seen a decrease of 14.6% over the last month, not keeping up with the Business Services sector's loss of 1.84% and the S&P 500's loss of 0.23%.

The investment community will be closely monitoring the performance of Symbotic Inc. in its forthcoming earnings report. The company is expected to report EPS of $0.12, up 340% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $714.76 million, indicating a 20.71% upward movement from the same quarter last year.

For the full year, the Zacks Consensus Estimates project earnings of $0.5 per share and a revenue of $2.79 billion, demonstrating changes of -72.53% and +24.13%, respectively, from the preceding year.

It's also important for investors to be aware of any recent modifications to analyst estimates for Symbotic Inc. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. As of now, Symbotic Inc. holds a Zacks Rank of #3 (Hold).

Looking at valuation, Symbotic Inc. is presently trading at a Forward P/E ratio of 86.09. This indicates a premium in contrast to its industry's Forward P/E of 15.5.

It is also worth noting that SYM currently has a PEG ratio of 2.87. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. SYM's industry had an average PEG ratio of 1.42 as of yesterday's close.

The Technology Services industry is part of the Business Services sector. At present, this industry carries a Zacks Industry Rank of 158, placing it within the bottom 36% of over 250 industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.

WILMINGTON, Mass., May 06, 2026 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, announced financial results for its second quarter of fiscal year 2026, which ended on March 28, 2026. Symbotic reported revenue of $676 million, up 23% year-over-year, and net income of $9 million, compared with a net loss of $10 million in the second quarter of fiscal year 2025. Adjusted EBITDA1 reached $78 million, more than double the $35 million in the second quarter of fiscal year 2025.

Cash and cash equivalents totaled $2.0 billion at the end of the second quarter of fiscal year 2026, up from $1.8 billion at the end of the first quarter of fiscal year 2026.

“We again demonstrated strong execution against our key objectives,” said Rick Cohen, Symbotic Chairman and Chief Executive Officer. “Our momentum continues to build as customers across several verticals are now realizing tangible value from our end-to-end automation systems.”

“We delivered another quarter of growth and margin expansion as our total number of systems in deployment rose to 70,” said Izzy Martins, Symbotic Chief Financial Officer. “Looking ahead, we continue to see a solid growth trajectory supported by rising deployments, along with enhanced profitability.”

OUTLOOK

For the third quarter of fiscal 2026, Symbotic expects revenue of $700 million to $720 million, and adjusted EBITDA2 of $80 million to $85 million.

WEBCAST INFORMATION

Symbotic will host a webcast today at 5:00 pm ET to discuss its second quarter fiscal year 2026 results. The webcast link is: https://edge.media-server.com/mmc/go/symbotic-q2-2026/.

ABOUT SYMBOTIC
Symbotic is an automation technology leader reimagining the supply chain with its end-to-end, A.I.-powered robotic and software platform. Symbotic reinvents the warehouse as a strategic asset for the world’s largest retail, wholesale, food & beverage, and medical supply distribution companies. Applying next-generation technology, high-density storage and machine learning to solve today's complex distribution challenges, Symbotic enables companies to move goods with unmatched speed, agility, accuracy and efficiency. As the backbone of commerce, Symbotic transforms the flow of goods and the economics of the supply chain for its customers. For more information, visit www.symbotic.com.

______________________
1 Adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) is a non-GAAP financial measure as defined below under “Use of Non-GAAP Financial Information.” See the tables below for reconciliations to net income (loss), the most comparable GAAP measure.

2 Symbotic is not providing guidance for net income (loss), which is the most comparable GAAP financial measure to adjusted EBITDA, because information reconciling forward-looking adjusted EBITDA to net income (loss) is unavailable to it without unreasonable effort. Symbotic is not able to provide reconciliations of adjusted EBITDA to GAAP financial measures because certain items required for such reconciliations are outside of Symbotic’s control and/or cannot be reasonably predicted, such as the provision for stock-based compensation.

USE OF NON-GAAP FINANCIAL INFORMATION

Symbotic reports its financial results in accordance with Generally Accepted Accounting Principles in the United States (“U.S. GAAP”). This press release contains financial measures that are not recognized under U.S. GAAP (“non-GAAP financial measures”), including adjusted EBITDA, adjusted gross profit, adjusted gross profit margin, adjusted research and development expenses, adjusted selling, general, and administrative expenses, and free cash flow. These non-GAAP financial measures have limitations as an analytical tool as they do not have a standardized meaning prescribed by U.S. GAAP. The non-GAAP financial measures Symbotic uses may not be the same non-GAAP financial measures, and may not be calculated in the same manner, as that of other companies and, therefore, are unlikely to be comparable to similar measures presented by other companies. Rather, these non-GAAP financial measures are provided as a supplement to corresponding U.S. GAAP measures to provide additional information regarding the results of operations from management’s perspective. Accordingly, non-GAAP financial measures should not be considered a substitute for, in isolation from, or superior to, the financial information prepared and presented in accordance with U.S. GAAP. All non-GAAP financial measures presented in this press release are reconciled to their closest reported U.S. GAAP financial measures. Symbotic recommends that investors review the reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures provided in the financial statement tables included below in this press release, and not rely on any single financial measure to evaluate its business.

Symbotic defines adjusted EBITDA, a non-GAAP financial measure, as GAAP net income (loss) excluding the following items: interest income; income taxes; depreciation and amortization of tangible and intangible assets; stock-based compensation; business combination transaction expenses; equity method investment; internal control remediation; business transformation costs; fair value adjustments on strategic investments; restructuring charges; and other infrequent items that may arise from time to time. Symbotic defines adjusted gross profit, a non-GAAP financial measure, as GAAP gross profit excluding the following items: depreciation, stock-based compensation, and restructuring charges. Symbotic defines adjusted gross profit margin, a non-GAAP financial measure, as adjusted gross profit divided by total revenue. Symbotic defines adjusted research and development expenses, a non-GAAP financial measure, as GAAP research and development expenses excluding the following items: depreciation and amortization of tangible and intangible assets and stock-based compensation. Symbotic defines adjusted selling, general, and administrative expenses, a non-GAAP financial measure, as GAAP selling, general, and administrative expenses excluding the following items: depreciation and amortization of tangible and intangible assets; stock-based compensation; business combination transaction expenses; internal control remediation; business transformation costs; and other infrequent items that may arise from time to time. Symbotic defines free cash flow, a non-GAAP financial measure, as net cash provided by or used in operating activities less purchases of property and equipment and capitalization of internal use software development costs. In addition to Symbotic’s financial results determined in accordance with U.S. GAAP, Symbotic believes that adjusted EBITDA, adjusted gross profit, adjusted gross profit margin, adjusted research and development expenses, adjusted selling, general, and administrative expenses, and free cash flow non-GAAP financial measures, are useful in evaluating the performance of Symbotic’s business because they highlight trends in its core business.

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 including, but not limited to, Symbotic’s expectations or predictions of future financial or business performance or conditions. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Generally, statements that are not historical facts, including statements concerning our possible or assumed future actions, business strategies, events, backlog or results of operations, are forward-looking statements. These statements may be preceded by, followed by or include the words “believes,” “estimates,” “expects,” “projects,” “forecasts,” “may,” “will,” “should,” “seeks,” “plans,” “scheduled,” “anticipates” or “intends” or similar expressions.

Forward-looking statements include, but are not limited to, statements about the ability of or expectations regarding Symbotic to:

meet the technical requirements of existing or future supply agreements with its customers, including with respect to existing backlog;expand its target customer base and maintain its existing customer base;realize the benefits expected from its GreenBox Systems LLC joint venture, which is now doing business as Exol (“Exol”), the commercial agreement with Exol, the commercial agreement with Nueva Wal Mart de México, S. de R.L. de C.V and the acquisition of the Advanced Systems and Robotics business from Walmart;realize its outlook, including its system gross margin;the timing and cost of any product replacement, programs and related recalls;anticipate industry trends;maintain and enhance its system;execute its growth strategy;develop, design and sell systems that are differentiated from those of competitors;execute its research and development strategy;acquire, maintain, protect and enforce intellectual property;attract, train and retain effective officers, key employees or directors;comply with laws and regulations applicable to its business;stay abreast of modified or new laws and regulations applying to its business;successfully defend litigation;issue equity securities in connection with future transactions;meet future liquidity requirements and, if applicable, comply with restrictive covenants related to long-term indebtedness;timely and effectively remediate any material weaknesses in its internal control over financial reporting;anticipate rapid technological changes;maintain the listing of the Symbotic common stock on Nasdaq; andeffectively respond to general economic and business conditions. Forward-looking statements also include, but are not limited to, statements with respect to:

the future performance of Symbotic’s business and operations;expectations regarding revenues, expenses, adjusted EBITDA and anticipated cash needs;expectations regarding cash flow, liquidity and sources of funding;expectations regarding capital expenditures;the anticipated benefits of Symbotic’s leadership structure;the effects of pending and future legislation;the effects of inflation, prevailing price levels, exchange rates, changes in trade agreements and trade protection measures including tariffs and other economic factors;the direct and indirect effects of geopolitical conditions in the United States and in global economies, including those resulting from acts of war and conflicts and responses to such events;business disruption;disruption to the business due to Symbotic’s dependency on Walmart;increasing competition in the warehouse automation industry;any delays in the design, production or launch of Symbotic’s systems and products;the failure to meet customers’ requirements under existing or future contracts or customer’s expectations as to price or pricing structure;any defects in new products or enhancements to existing products;the fluctuation of operating results from period to period due to a number of factors, including the pace of customer adoption of Symbotic’s new products and services and any changes in its product mix that shift too far into lower gross margin products; andany consequences associated with joint ventures and legislative and regulatory actions and reforms. Such forward-looking statements involve risks and uncertainties that may cause actual events, results or performance to differ materially from those indicated by such statements. Certain of these risks are identified and discussed in Symbotic’s Annual Report on Form 10-K for the fiscal year ended September 27, 2025, filed with the U.S. Securities and Exchange Commission (the “SEC”) on November 24, 2025. These risk factors will be important to consider in determining future results and should be reviewed in their entirety. These forward-looking statements are expressed in good faith, and Symbotic believes there is a reasonable basis for them. However, there can be no assurance that the events, results or trends identified in these forward-looking statements will occur or be achieved. Forward-looking statements are provided for the purposes of assisting the reader in understanding its financial performance, financial position and cash flows as of and for periods ended on certain dates and to present information about management’s current expectations and plans relating to the future, and the reader is cautioned not to place undue reliance on these forward-looking statements because of their inherent uncertainty and to appreciate the limited purposes for which they are being used by management. Symbotic believes that the assumptions and expectations reflected in the forward-looking statements are reasonable based on information currently available to management, there is no assurance that such assumptions and expectations will prove to have been correct. Forward-looking statements speak only as of the date they are made and are based on the beliefs, estimates, expectations and opinions of management on that date. Symbotic is not under any obligation, and expressly disclaims any obligation to update, alter or otherwise revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. Readers should carefully review the statements set forth in the reports that Symbotic has filed or will file from time to time with the SEC.

Any financial projections in this press release or discussed in the webcast are forward-looking statements that are based on assumptions that are inherently subject to significant uncertainties and contingencies, many of which are beyond Symbotic’s control. While all projections are necessarily speculative, Symbotic believes that the preparation of prospective financial information involves increasingly higher levels of uncertainty the further out the projection extends from the date of preparation. The assumptions and estimates underlying the projected results are inherently uncertain and are subject to a wide variety of significant business, economic and competitive risks and uncertainties that could cause actual results to differ materially from those contained in the projections. The inclusion of projections in this communication should not be regarded as an indication that Symbotic, or its representatives, considered or considers the projections to be a reliable prediction of future events.

Annualized, projected and estimated numbers are not forecasts and may not reflect actual results.

This communication is not intended to be all-inclusive or to contain all the information that a person may desire in considering an investment in Symbotic and is not intended to form the basis of an investment decision in Symbotic. The forward-looking statements contained in this press release and other reports we file with, or furnish to, the SEC and other regulatory agencies and made by our directors, officers, other employees and other persons authorized to speak on our behalf are expressly qualified in their entirety by these cautionary statements.

INVESTOR RELATIONS CONTACT

Charlie Anderson
Vice President, Investor Relations & Corporate Development
[email protected]

MEDIA INQUIRIES

[email protected]

 Symbotic Inc. and Subsidiaries
Consolidated Statements of Operations
  Three Months Ended Six Months Ended(in thousands, except share and per share data)March 28,
2026 December 27,
2025 March 29,
2025 March 28,
2026 March 29,
2025Revenue:         Systems$634,496  $590,292  $513,372  $1,224,788  $977,431 Software maintenance and support 12,924   10,885   6,685   23,809   12,210 Operation services 29,060   28,808   29,594   57,868   46,703 Total revenue 676,480   629,985   549,651   1,306,465   1,036,344 Cost of revenue:         Systems 495,551   469,873   411,788   965,424   792,778 Software maintenance and support 3,368   2,954   2,030   6,322   3,888 Operation services 27,609   23,734   25,041   51,343   47,870 Total cost of revenue 526,528   496,561   438,859   1,023,089   844,536 Gross profit 149,952   133,424   110,792   283,376   191,808 Operating expenses:         Research and development expenses 51,283   43,006   57,960   94,289   101,239 Selling, general, and administrative expenses 92,566   81,219   73,305   173,785   134,010 Restructuring charges 12   2,673   —   2,685   — Total operating expenses 143,861   126,898   131,265   270,759   235,249 Operating income (loss) 6,091   6,526   (20,473)  12,617   (43,441)Other income, net 10,855   13,246   11,714   24,101   19,537 Income (loss) before income tax and equity method investment 16,946   19,772   (8,759)  36,718   (23,904)Income tax benefit (expense) (572)  (615)  1,397   (1,187)  1,248 Loss from equity method investment (6,945)  (5,799)  (2,490)  (12,744)  (4,055)Net income (loss) 9,429   13,358   (9,852)  22,787   (26,711)Net income (loss) attributable to noncontrolling interests 7,460   10,756   (8,048)  18,216   (21,732)Net income (loss) attributable to common stockholders$1,969  $2,602  $(1,804) $4,571  $(4,979)          Income (loss) per share of Class A Common Stock:         Basic$0.02  $0.02  $(0.02)  0.04  $(0.05)Diluted$0.01  $0.02  $(0.02)  0.03  $(0.05)Weighted-average shares of Class A Common Stock outstanding:         Basic 125,538,207   115,474,119   107,726,978   120,506,529   106,900,622 Diluted 134,364,904   127,870,238   107,726,978   130,869,376   106,900,622   Symbotic Inc. and Subsidiaries
Reconciliation of Non-GAAP Financial Measures  The following table reconciles GAAP net income (loss) to Adjusted EBITDA:
  Three Months Ended Six Months Ended(in thousands)March 28,
2026 December 27,
2025 March 29,
2025 March 28,
2026 March 29,
2025Net income (loss)$9,429  $13,358  $(9,852) $22,787  $(26,711)Interest income (10,906)  (11,600)  (7,229)  (22,505)  (14,998)Income tax expense (benefit) 572   615   (1,397)  1,187   (1,248)Depreciation and amortization 11,322   8,693   11,169   20,015   18,029 Stock-based compensation 57,188   44,118   36,376   101,305   63,456 Business combination transaction expenses 710   11   3,298   721   7,100 Equity method investment 6,945   5,799   2,490   12,744   4,055 Internal control remediation 1,931   2,415   2,175   4,347   5,251 Business transformation costs 550   2,531   2,400   3,080   2,400 Fair value adjustments on strategic investments —   (1,661)  (4,481)  (1,661)  (4,481)Restructuring charges 12   2,624   (231)  2,636   (231)Adjusted EBITDA$77,753  $66,903  $34,718  $144,656  $52,622                      The following table reconciles GAAP gross profit to Adjusted gross profit:

 Three Months Ended Six Months Ended(in thousands)March 28,
2026  December 27,
2025 March 29,
2025 March 28,
2026 March 29,
2025Gross profit$149,952  $133,424  $110,792  $283,376  $191,808 Depreciation and amortization 1,614   1,489   2,949   3,102   5,418 Stock-based compensation 14,208   12,382   8,300   26,879   11,032 Restructuring charges —   (48)  (231)  (48)  (231)Adjusted gross profit$165,774  $147,247  $121,810  $313,309  $208,027  Gross profit margin22.2% 21.2% 20.2% 21.7% 18.5%Adjusted gross profit margin24.5% 23.4% 22.2% 24.0% 20.1%                The following table reconciles GAAP research and development expenses to Adjusted research and development expenses:

 Three Months Ended Six Months Ended(in thousands)March 28,
2026 December 27,
2025 March 29,
2025 March 28,
2026 March 29,
2025Research and development expenses$51,283  $43,006  $57,960  $94,289  $101,239 Depreciation and amortization (5,161)  (4,990)  (5,611)  (10,151)  (7,911)Stock-based compensation (17,123)  (8,150)  (12,028)  (25,044)  (23,966)Adjusted research and development expenses$28,999  $29,866  $40,321  $59,094  $69,362                      The following table reconciles GAAP selling, general, and administrative expenses to Adjusted selling, general, and administrative expenses:

 Three Months Ended Six Months Ended(in thousands)March 28,
2026 December 27,
2025 March 29,
2025 March 28,
2026 March 29,
2025Selling, general, and administrative expenses$92,566  $81,219  $73,305  $173,785  $134,010 Depreciation and amortization (4,547)  (2,214)  (2,609)  (6,762)  (4,699)Stock-based compensation (25,857)  (23,585)  (16,049)  (49,383)  (28,460)Business combination transaction expenses (710)  (11)  (3,298)  (721)  (7,099)Internal control remediation (1,931)  (2,415)  (2,175)  (4,346)  (5,251)Business transformation costs (550)  (2,531)  (2,400)  (3,080)  (2,400)Adjusted selling, general, and administrative expenses$58,971  $50,463  $46,774  $109,493  $86,101                      The following table reconciles GAAP net cash provided by operating activities to free cash flow:

 Three Months Ended Six Months Ended(in thousands)March 28,
2026 December 27,
2025 March 29,
2025 March 28,
2026 March 29,
2025Net cash provided by operating activities$261,341  $191,540  $269,575  $452,881  $474,602 Purchases of property and equipment and capitalization of internal use software development costs (43,368)  (2,052)  (20,560)  (45,420)  (27,917)Free cash flow$217,973  $189,488  $249,015  $407,461  $446,685   Symbotic Inc. and Subsidiaries
Supplemental Common Share Information
    Total Common Shares issued and outstanding:
     March 28, 2026 September 27, 2025Class A Common Shares issued and outstanding127,015,993 112,635,932Class V-1 Common Shares issued and outstanding71,940,208 74,693,311Class V-3 Common Shares issued and outstanding403,559,196 403,559,196 602,515,397 590,888,439  Symbotic Inc. and Subsidiaries
Consolidated Balance Sheets
 (in thousands, except share data)March 28, 2026 September 27, 2025ASSETSCurrent assets:   Cash and cash equivalents$2,009,435  $1,244,993 Accounts receivable 132,623   186,705 Unbilled accounts receivable 452,995   181,658 Inventories 201,243   164,390 Deferred expenses 43,538   20,532 Prepaid expenses and other current assets 82,433   86,582 Total current assets 2,922,267   1,884,860 Property and equipment, net 146,458   117,649 Intangible assets, net 87,209   79,149 Goodwill 59,871   59,871 Equity method investment 135,675   123,034 Other assets 143,975   131,166 Total assets$3,495,455  $2,395,729 LIABILITIES AND EQUITYCurrent liabilities:   Accounts payable$293,675  $286,669 Accrued expenses and other current liabilities 251,481   200,442 Deferred revenue 1,476,382   1,242,312 Total current liabilities 2,021,538   1,729,423 Deferred revenue 384,025   124,932 Other liabilities 62,227   63,629 Total liabilities 2,467,790   1,917,984 Commitments and contingencies —   — Equity:   Class A Common Stock, 3,000,000,000 shares authorized, 127,015,993 and 112,635,932 shares issued and outstanding at March 28, 2026 and September 27, 2025, respectively 14   13 Class V-1 Common Stock, 1,000,000,000 shares authorized, 71,940,208 and 74,693,311 shares issued and outstanding at March 28, 2026 and September 27, 2025, respectively 7   7 Class V-3 Common Stock, 450,000,000 shares authorized, 403,559,196 shares issued and outstanding at March 28, 2026 and September 27, 2025 40   40 Additional paid-in capital 2,018,008   1,556,611 Accumulated deficit (1,329,212)  (1,333,783)Accumulated other comprehensive loss (2,713)  (2,695)Total stockholders' equity 686,144   220,193 Noncontrolling interest 341,521   257,552 Total equity 1,027,665   477,745 Total liabilities and equity$3,495,455  $2,395,729   Symbotic Inc. and Subsidiaries
Consolidated Statements of Cash Flows
  Three Months Ended Six Months Ended(in thousands)March 28,
2026 December 27,
2025 March 29,
2025 March 28,
2026 March 29,
2025Cash flows from operating activities:         Net income (loss)$9,429  $13,358  $(9,852) $22,787  $(26,711)Adjustments to reconcile net income (loss) to net cash provided by operating activities:         Depreciation and amortization 11,323   8,704   11,153   20,027   18,013 Amortization of leases 2,536   1,388   1,126   3,924   1,911 Restructuring of leases —   —   —   —   — Loss from equity method investment 6,945   5,799   2,491   12,744   4,055 Foreign currency losses (gains) 31   27   20   58   (12)Loss on disposal of assets —   —   —   —   201 Provision for excess and obsolete inventory 4,753   4,832   292   9,585   980 Deferred taxes, net —   —   —   —   — Stock-based compensation 48,549   45,941   30,919   94,490   55,522 Gain from strategic investment fair value adjustment —   (1,661)  (4,481)  (1,661)  (4,481)Changes in operating assets and liabilities:         Accounts receivable (24,487)  79,090   (3,195)  54,603   64,181 Inventories (23,184)  (24,122)  (23,232)  (47,306)  (33,657)Prepaid expenses and other current assets (209,544)  (51,726)  90,341   (261,270)  101,167 Deferred expenses (15,731)  (7,275)  (1,757)  (23,006)  (3,921)Other assets 7,288   2,335   (4,836)  9,623   (7,479)Accounts payable 41,661   (23,857)  13,806   17,804   44,951 Accrued expenses and other current liabilities 41,334   8,718   (65,685)  50,052   (20,145)Deferred revenue 360,362   132,244   230,283   492,606   288,619 Acquisition-related consideration paid to customer —   —   —   —   — Other liabilities 76   (2,255)  2,182   (2,179)  (8,592)Net cash provided by operating activities 261,341   191,540   269,575   452,881   474,602 Cash flows from investing activities:         Purchases of property and equipment and capitalization of internal use software development costs (43,368)  (2,052)  (20,560)  (45,420)  (27,917)Acquisitions of strategic investments (31,456)  (38,528)  —   (69,984)  (17,992)Cash paid for business acquisitions —   —   (200,000)  —   (200,000)Net cash used in investing activities (74,824)  (40,580)  (220,560)  (115,404)  (245,909)Cash flows from financing activities:         Payment for taxes related to net share settlement of stock-based compensation awards —   —   —   —   (3,012)Net proceeds from issuance of common stock under employee stock purchase plan 3,898   —   3,233   3,898   3,233 Distributions to or on behalf of Symbotic Holdings LLC partners —   (1,222)  (382)  (1,222)  (1,232)Proceeds from issuance of Class A common stock (61)  424,368   —   424,307   — Net cash provided by (used in) financing activities 3,837   423,146   2,851   426,983   (1,011)Effect of exchange rate changes on cash, cash equivalents, and restricted cash (16)  8   50   (8)  (34)Net increase in cash, cash equivalents, and restricted cash 190,338   574,114   51,916   764,452   227,648 Cash, cash equivalents, and restricted cash - beginning of period 1,821,307   1,247,193   906,086   1,247,193   730,354 Cash, cash equivalents, and restricted cash - end of period$2,011,645  $1,821,307  $958,002  $2,011,645  $958,002                      Three Months Ended Six Months Ended(in thousands)March 28,
2026 December 27,
2025 March 29,
2025 March 28,
2026 March 29,
2025Reconciliation of cash, cash equivalents, and restricted cash:         Cash and cash equivalents$2,009,435  $1,819,102  $954,944  $2,009,435  $954,944 Restricted cash 2,210   2,205   3,058   2,210   3,058 Cash, cash equivalents, and restricted cash$2,011,645  $1,821,307  $958,002  $2,011,645  $958,002 

Symbotic Inc. (SYM - Free Report) reported $676.48 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 23.1%. EPS of $0.44 for the same period compares to -$0.04 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $660.6 million, representing a surprise of +2.4%. The company delivered an EPS surprise of +312.37%, with the consensus EPS estimate being $0.11.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how SYMBOTIC INC performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Revenue- Software maintenance and support: $12.92 million versus the three-analyst average estimate of $10.98 million. The reported number represents a year-over-year change of +93.3%.Revenue- Systems: $634.5 million versus $612.77 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +23.6% change.Revenue- Operation services: $29.06 million compared to the $36.03 million average estimate based on three analysts. The reported number represents a change of -1.8% year over year.View all Key Company Metrics for SYMBOTIC INC here>>>

Shares of SYMBOTIC INC have returned +12.6% over the past month versus the Zacks S&P 500 composite's +10.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Walmart WMT is still holding stakes in Symbotic SYM , Green Dot GDOT and Klarna KLAR , showing that the retailer's investment strategy remains closely tied to automation, fintech and checkout innovation. In a new 13F filing, Walmart said it owned 15 million shares of Symbotic, 975K shares of Green Dot and 2.4 million shares of Klarna as of March 31.

The Symbotic position is probably the most important piece of the filing because it connects directly to Walmart's warehouse automation push. Walmart's investment is tied to Symbotic's AI enabled robotics platform and a broader commercial agreement to deploy automation across accelerated pickup and delivery centers. Symbotic also bought Walmart's advanced systems and robotics business in January 2025, while Walmart committed to buying systems for 400 APDs if performance targets are hit.

The Green Dot stake points to Walmart's longer fintech relationship through Walmart MoneyCard and TailFin Labs, while Klarna supports a checkout and lending partnership through the OnePay app.

© jetcityimage / iStock Editorial via Getty Images

The cooldown period for the broad basket of AI stocks, especially the semiconductors, appears to have ended, thanks in part to the rise of agents and powerful frontier models like Anthropic’s Claude Mythos. As we move into a phase of the AI boom that goes beyond just large language models or image generators, where AI could become exponentially more useful, perhaps it’s no surprise that investors are rushing back into the semi stocks.

Why bother picking and choosing stocks at another layer when the semis are standing behind the next wave(s)? Of course, after the latest surge in semi stocks, I do think that the valuation has become a tad on the excessive side. For the most part, it felt like explosive AI chip demand was already baked in going into the year. Since the latest run-up, it feels a tad excessive, even if the next leg does manage to shock and awe.

In any case, as agentic AI paves the way for digital labor and automation while completely gutting the software industry, all while world models and physical AI come into their own, I think it’s time to consider where the puck could head next. The semis might stand out as obvious winners in the next phase, but the problem, at least in my view, is that they’re already priced like massive winners.

Whenever you’re buying unstoppable names that can do no wrong, you could run the risk of overpaying. In this piece, we’ll look at candidates that actually have the power to level up their fundamentals at the hands of more powerful AI. While some names might be getting up there in price, I still think there’s far less hype compared to some of the more obvious winners at the lower levels of the AI stack.

Amazon If embodied AI really is the next big leap, Amazon (NASDAQ:AMZN | AMZN Price Prediction) could be the Magnificent Seven name to own. Arguably, the company is already in the fast lane when it comes to rolling out the fleet of robotic laborers in the warehouse. As Amazon looks to automate everything from coding to delivery itself, I see the company as having the most ground to gain on the operating margin front.

The company isn’t just exploring possibilities, it’s putting physical AI to work. And with $200 billion in CapEx for the year, Amazon is spending a bit more than its Mag Seven peers. Once the script flips and investors start pounding the table for more, not less, CapEx, I think Amazon is poised to shine bright. Beyond physical AI, Amazon also has a strong horse in the AI chip race with silicon like Trainium and Inferentia.

Add AWS and the satellite connectivity growth engines into the equation, and I think Amazon stock is one of the bargains hiding in plain sight as the AI boom gets physical. The stock goes for just 32.1 times trailing price-to-earnings (P/E) right here despite soaring 35% in the past three months.

Walmart In case you missed it, Walmart (NASDAQ:WMT) is now on the Nasdaq because it is, in fact, becoming more and more like an AI tech play by the day. Like Amazon, Walmart’s a massive retailer that’s been betting big on the rise of warehouse robots.

The company’s Symbiotic (NASDAQ:SYM) stake makes Walmart a firm that will not be left behind as warehouse automation becomes one of the next big sources of operating margin gains. The efforts and big bet in physical AI aren’t just to please Wall Street, though. The firm is cutting away at fulfillment costs, and I think the market might still be underestimating a company that’s already shown it can successfully pivot in the new era of retail.

Of course, the 44.0 times forward P/E multiple is getting a bit steep. Unlike Amazon, the retailer isn’t pouring $200 billion in CapEx for the year. And with its physical retail presence and grocery exposure acting as a huge moat source, especially in this inflationary environment, perhaps investors are right to reward Walmart in this climate. In short, it’s a defensive that’s also going on the offensive on AI.

In our first article of the year, we spoke about how robotics was at the cusp of a period of rapid expansion. We're now almost halfway through 2026 and everything continues to point in that direction.

Symbotic Inc. (SYM - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.

Shares of this company have returned -21% over the past month versus the Zacks S&P 500 composite's +4.6% change. The Zacks Technology Services industry, to which SYMBOTIC INC belongs, has lost 1.8% over this period. Now the key question is: Where could the stock be headed in the near term?

While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.

Revisions to Earnings EstimatesRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.

For the current quarter, SYMBOTIC INC is expected to post earnings of $0.12 per share, indicating a change of +340% from the year-ago quarter. The Zacks Consensus Estimate has changed -12% over the last 30 days.

For the current fiscal year, the consensus earnings estimate of $0.5 points to a change of -72.5% from the prior year. Over the last 30 days, this estimate has changed -32%.

For the next fiscal year, the consensus earnings estimate of $0.63 indicates a change of +25.8% from what SYMBOTIC INC is expected to report a year ago. Over the past month, the estimate has changed +3.3%.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, SYMBOTIC INC is rated Zacks Rank #3 (Hold).

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Projected Revenue GrowthEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.

For SYMBOTIC INC, the consensus sales estimate for the current quarter of $714.76 million indicates a year-over-year change of +20.7%. For the current and next fiscal years, $2.79 billion and $3.62 billion estimates indicate +24.1% and +30% changes, respectively.

Last Reported Results and Surprise HistorySYMBOTIC INC reported revenues of $676.48 million in the last reported quarter, representing a year-over-year change of +23.1%. EPS of $0.44 for the same period compares with -$0.04 a year ago.

Compared to the Zacks Consensus Estimate of $660.6 million, the reported revenues represent a surprise of +2.4%. The EPS surprise was +300%.

Over the last four quarters, SYMBOTIC INC surpassed consensus EPS estimates three times. The company topped consensus revenue estimates each time over this period.

ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.

While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.

The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

SYMBOTIC INC is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about SYMBOTIC INC. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.

Key Takeaways Serve Robotics expanded its delivery network to 44 cities as fleet size grew 7x year over year.SYM grew software revenues 93% and expanded to 70 active systems in fiscal Q2 2026.Symbotic maintained profitability and ended the quarter with more than $2B in cash and no debt. Autonomous robotics is rapidly becoming one of the most important themes shaping the future of logistics, fulfillment and physical AI, and companies like Serve Robotics Inc. (SERV - Free Report) and Symbotic Inc. (SYM - Free Report) are emerging as key players driving this transformation. From navigating crowded sidewalks to orchestrating increasingly complex warehouse operations, robotics companies are racing to build scalable autonomy platforms capable of operating safely and reliably in real-world, human-centered environments.

While businesses look to improve operational efficiency, automate repetitive workflows and strengthen supply-chain capabilities, investors are increasingly turning their attention toward companies positioned at the center of this shift.

While Serve Robotics is focused on autonomous sidewalk delivery, healthcare automation and expanding its multi-domain robotics platform, Symbotic is building end-to-end warehouse and supply-chain automation systems powered by advanced robotics, software and AI-driven orchestration technologies. Both companies are leveraging proprietary data, autonomy stacks and next-generation robotics platforms to expand their commercial opportunities across logistics and fulfillment markets.

Let’s dive deep and closely compare the fundamentals of the two stocks to determine which one is a better investment now.

The Case for Serve Robotics StockServe Robotics is expanding its autonomous delivery network as the adoption of sidewalk robotics increases across urban markets. The company reported that its deployed fleet became 7x larger year over year in the first quarter of 2026, while daily active robots increased 10x over the same period. Delivery activity also improved as robot supply hours climbed 13x year over year, supported by expansion into additional cities and broader merchant coverage. The company now operates across 44 cities and 14 states, reflecting continued progress in scaling its delivery footprint.

The company is also broadening its business beyond food delivery operations. Software services represented nearly one-third of total first-quarter activity, while recurring revenues accounted for just under half of the overall business. Serve Robotics is additionally expanding into healthcare automation through Diligent Robotics, giving it exposure to hospital workflows and indoor robotics applications. The company believes operating across multiple environments strengthens its autonomy platform and improves long-term data collection and AI development.

However, operating losses remain elevated as Serve Robotics continues investing aggressively in autonomy, software infrastructure and platform expansion. Gross margins stayed deeply negative during the quarter as the company supported a significantly larger fleet and integrated healthcare operations. The company also expects slower growth during the second quarter while focusing on improving robot utilization, operational efficiency and market coverage rather than deploying additional robots immediately.

Looking ahead, Serve Robotics expects stronger utilization, broader delivery platform integrations and expansion into new cities to support growth through the second half of 2026. The company is also exploring international opportunities and additional software commercialization initiatives as it continues building a larger multi-domain robotics platform.

The Case for Symbotic StockSymbotic is benefiting from rising demand for warehouse automation as retailers and distributors focus on improving supply-chain efficiency and fulfillment speed. In the second quarter of fiscal 2026, the company expanded its deployment base to 70 active systems after initiating 14 new deployments during the period. Systems revenues increased 24% year over year, while software revenues climbed 93%, supported by a growing number of operational sites generating recurring activity. The company also maintained GAAP profitability and ended the quarter with more than $2 billion in cash and no debt.

Broader adoption of automation solutions is supporting expansion beyond traditional warehouse systems. Symbotic is investing in e-commerce fulfillment, dock management, route optimization and next-generation robotics capabilities to improve warehouse productivity. The company is also developing larger robots capable of handling a wider mix of inventory and improving throughput efficiency. Interest from industries including apparel, healthcare and food service is increasing as customers seek more integrated automation platforms.

However, deployment timing and project mix continue creating operational variability. System completions remain affected by lower deployment starts from prior years, while installation timelines can fluctuate depending on site complexity and customer requirements. Investments tied to supplier capacity, robotics development and new technologies also remain elevated as the company continues expanding its automation platform across additional use cases.

Looking ahead, Symbotic expects demand for supply-chain automation to support further deployment growth and broader customer adoption. Expansion into international markets, additional software integration opportunities and increasing use of next-generation robotic systems are expected to strengthen the company’s long-term positioning across warehouse and logistics automation.

Stock Performance & ValuationAs witnessed from the chart below, in the year-to-date period, Serve Robotics' share price performance has stood below that of Symbotic. 

Image Source: Zacks Investment Research

Considering valuation, Serve Robotics is currently trading at a premium compared with Symbotic on a forward 12-month price-to-sales (P/S) ratio basis.

Image Source: Zacks Investment Research

Comparing EPS Estimate Trends of SERV & SYMThe Zacks Consensus Estimate for SERV’s 2026 loss per share has widened to $2.64 in the past 30 days, as shown below. Also, the estimated figure indicates a wider loss from the year-ago estimated loss of $1.63 per share.

SERV's EPS Trend
Image Source: Zacks Investment Research

Symbotic’s earnings estimates for fiscal 2026 have increased in the past 30 days to 50 cents per share. This indicates expected earnings decline of 72.5% year over year.

SYM’s EPS Trend
Image Source: Zacks Investment Research

Which Stock Has More Upside Now?Serve Robotics and Symbotic both offer exposure to the growing robotics and automation market, but both companies are positioned very differently from a risk and execution standpoint. Serve Robotics is targeting a large long-term opportunity in autonomous delivery and healthcare robotics, supported by rapid fleet expansion, improving utilization trends and growing platform integrations. However, the company remains in an early-stage scaling phase, with elevated operating losses and continued execution risk tied to expansion and commercialization efforts.

Symbotic offers a more established automation platform with stronger operational scale, recurring software growth and a profitable business model supported by large enterprise customers. The company is also benefiting from rising warehouse automation demand, expanding deployment activity and broader adoption of next-generation robotics solutions across supply-chain operations.

With both stocks currently carrying a Zacks Rank #3 (Hold), Symbotic appears better positioned for investors seeking a more balanced risk-reward profile at this stage, supported by stronger financial stability and a more mature operating platform. Serve Robotics still offers higher long-term upside potential if autonomous delivery adoption accelerates further, but the stock also carries materially higher operational and profitability risks.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Symbotic Inc. (SYM - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.

Shares of this company have returned -22.8% over the past month versus the Zacks S&P 500 composite's +4.6% change. The Zacks Technology Services industry, to which SYMBOTIC INC belongs, has gained 8.6% over this period. Now the key question is: Where could the stock be headed in the near term?

While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.

Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.

For the current quarter, SYMBOTIC INC is expected to post earnings of $0.12 per share, indicating a change of +340% from the year-ago quarter. The Zacks Consensus Estimate has changed -12% over the last 30 days.

The consensus earnings estimate of $0.5 for the current fiscal year indicates a year-over-year change of -72.5%. This estimate has changed -32% over the last 30 days.

For the next fiscal year, the consensus earnings estimate of $0.63 indicates a change of +25.8% from what SYMBOTIC INC is expected to report a year ago. Over the past month, the estimate has changed +3.3%.

With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for SYMBOTIC INC.

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Projected Revenue GrowthEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.

In the case of SYMBOTIC INC, the consensus sales estimate of $714.76 million for the current quarter points to a year-over-year change of +20.7%. The $2.79 billion and $3.62 billion estimates for the current and next fiscal years indicate changes of +24.1% and +30%, respectively.

Last Reported Results and Surprise HistorySYMBOTIC INC reported revenues of $676.48 million in the last reported quarter, representing a year-over-year change of +23.1%. EPS of $0.44 for the same period compares with -$0.04 a year ago.

Compared to the Zacks Consensus Estimate of $660.6 million, the reported revenues represent a surprise of +2.4%. The EPS surprise was +300%.

Over the last four quarters, SYMBOTIC INC surpassed consensus EPS estimates three times. The company topped consensus revenue estimates each time over this period.

ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.

Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.

The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

SYMBOTIC INC is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about SYMBOTIC INC. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.

Symbotic (SYM +3.85%) is automating large warehouses and distribution centers with its artificial-intelligence (AI)-powered automated robotic systems. Supply chain automation is a rapidly growing market, Symbotic's revenue is rising steadily, and it signed medical surgical products leader, Medline as its first customer from the healthcare sector in April.

Yet, Symbotic stock slumped 21.4% in May, according to data provided by S&P Global Market Intelligence. Shares have fallen further this month and touched their lowest levels in 2026, as of this writing. Should investors panic or buy the dip?

Image source: Getty Images.

Why Symbotic stock is falling despite bumper numbers Symbotic's revenue rose 23% year over year in Q2, and it reported a net income of $9 million versus a loss of $10 million in the year-ago quarter. That dramatic improvement in profits should have sent the stock higher, but Wall Street was fixated on the one cent in profit per share. They expected something much bigger from the company.

There's nothing to worry about here, though. Symbotic is rapidly deploying systems, moving from 46 systems as of May last year to 70 as of May 2026. Deploying these massive systems, however, comes at a cost, which is why Symbotic posted only a small net profit last quarter.

Just as the stock appeared to stabilize after mid-May, it slipped again toward the end of the month after regulatory filings revealed high-level insider selling.

Today's Change

(

3.85

%) $

1.59

Current Price

$

42.83

On May 27, an investment vehicle owned by the SoftBank Group (SFTBF +10.34%) and its affiliates dumped 5.59 million shares of Symbotic for $50.41 per share. The massive institutional sale sent Symbotic shares even lower, and it continues to reel under pressure in June so far.

Is it time to buy Symbotic stock? Insider selling doesn't necessarily mean something is wrong with the company. Funds often rebalance their portfolios and monetize mature public holdings to recycle capital or return cash. Symbotic has been a publicly listed company for years, so large exits are normal for long-term institutional sponsors to cash out of their positions. SoftBank Group continues to own a 31.3% stake in Symbotic and has a joint venture with the company to offer warehouse-as-a-service.

Symbotic's backlog of $22.7 billion is 10 times its fiscal 2025 revenue, meaning the company has already effectively locked in revenue for several years to come. Warehouse automation is a rapidly growing business, and Symbotic already has large customers like Walmart, Target, and now Medline.

The Medline contract has expanded Symbotic's footprint from retail to healthcare, adding a strong growth vertical to its portfolio. That only solidifies the investing thesis for Symbotic, making it a stock to buy on dips.

Neha Chamaria has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Medline, Symbotic, Target, and Walmart. The Motley Fool has a disclosure policy.