tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Symbotic Expands Board with New Appointment

Story Highlights
Symbotic Expands Board with New Appointment

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest announcement is out from Symbotic ( (SYM) ).

On August 26, 2025, Symbotic Inc. expanded its Board of Directors from eight to nine members and appointed Andrew Ross, a seasoned executive from Parker-Hannifin Corporation, as the new board member. Additionally, the SEC concluded its investigation into Symbotic Inc. on August 7, 2025, deciding not to recommend any enforcement action regarding alleged violations and the company’s 2024 revenue restatement.

The most recent analyst rating on (SYM) stock is a Hold with a $47.00 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

Average Trading Volume: 2,397,861

Technical Sentiment Signal: Buy

Current Market Cap: $28.34B

See more insights into SYM stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport 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