tiprankstipranks
Trending News
More News >

Symbotic Expands Board with New Appointment

Story Highlights
Symbotic Expands Board with New Appointment

Confident Investing Starts Here:

Symbotic ( (SYM) ) has issued an update.

On May 12, 2025, Symbotic Inc. announced the expansion of its Board of Directors from seven to eight members, with the appointment of Eric Branderiz effective May 14, 2025. Branderiz brings extensive experience in finance and accounting from high-growth technology environments, having previously held senior roles at Enphase Energy and Tesla. His expertise is expected to support Symbotic’s continued innovation and growth in the automation technology sector, enhancing its global market position.

The most recent analyst rating on (SYM) stock is a Buy with a $41.00 price target. To see the full list of analyst forecasts on Symbotic stock, see the SYM Stock Forecast page.

Spark’s Take on SYM Stock

According to Spark, TipRanks’ AI Analyst, SYM is a Outperform.

Symbotic’s stock shows strong financial performance with significant revenue growth and cash flow improvements, despite ongoing net losses. Technical indicators suggest short-term momentum but advise caution due to longer-term weakness. Valuation challenges persist due to negative earnings and lack of dividends. The earnings call highlights strategic growth through acquisitions and a positive outlook, offset by challenges in deployment execution. Overall, the stock presents a balanced investment opportunity with growth potential and associated risks.

To see Spark’s full report on SYM stock, click here.

More about Symbotic

Symbotic is an automation technology leader specializing in A.I.-powered robotic and software platforms designed to enhance the supply chain. The company focuses on transforming warehouses into strategic assets for major retail, wholesale, and food & beverage companies, utilizing advanced technology to improve distribution efficiency and accuracy.

Average Trading Volume: 1,348,444

Technical Sentiment Signal: Buy

Current Market Cap: $15.74B

For an in-depth examination of SYM stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1