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The latest update is out from Symbotic ( (SYM) ).
Symbotic Inc. reported its financial results for the first fiscal quarter of 2025, showcasing significant growth with a 35% year-over-year increase in revenue, reaching $487 million. The company completed the acquisition of Walmart’s Advanced Systems and Robotics business, which is expected to further strengthen its market position and drive exceptional results for stakeholders. Looking ahead, Symbotic anticipates continued revenue growth of at least 30% in the second quarter of fiscal 2025.
More about Symbotic
Symbotic Inc. is an automation technology leader specializing in AI-powered robotics for the supply chain. The company focuses on transforming warehouses into strategic assets for major retail, wholesale, and food & beverage companies, enhancing the speed, agility, accuracy, and efficiency of goods movement.
YTD Price Performance: 22.62%
Average Trading Volume: 2,832,355
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $17.8B
For an in-depth examination of SYM stock, go to TipRanks’ Stock Analysis page.
