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Symbotic ( (SYM) ) has provided an update.
On August 5, 2026, Symbotic reported third-quarter fiscal 2026 results for the period ended June 27, 2026, posting revenue of $721 million, a 22% year-over-year rise, and net income of $55 million versus a net loss of $21 million a year earlier. Adjusted EBITDA more than doubled to $95 million, while cash and equivalents declined to $1.7 billion from $2.0 billion in the prior quarter, reflecting investment or cash usage amid a growing deployment base of 77 systems.
Management highlighted the company’s strong progress toward fiscal-year objectives and expanding opportunities with existing and prospective customers, underscoring Symbotic’s strengthening profitability profile in A.I.-enabled supply chain automation. Separately, effective August 4, 2026, the board expanded from nine to ten members and elected Steve Pagliuca, the former Co-Chair of Bain Capital, adding seasoned growth and capital markets expertise to support Symbotic’s next phase of expansion.
The most recent analyst rating on (SYM) stock is a Buy
with a $73.00 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 Neutral.
The score is driven primarily by strong fundamentals (robust cash generation, debt-free balance sheet, and improving margins) and a positive earnings call (beat-and-raise dynamics with a large backlog and improving profitability). These are partially offset by weak technical momentum (trading below key moving averages with negative MACD) and valuation uncertainty from a non-meaningful negative P/E and no stated dividend yield.
To see Spark’s full report on SYM stock,
click here.
More about Symbotic
Symbotic Inc., based in Wilmington, Massachusetts, is an automation technology leader focused on A.I.-enabled robotics and software for the supply chain. Its end-to-end platform is used by major retail, wholesale, food and beverage, and medical supply distributors to transform warehouses into high-density, data-driven hubs that move goods with greater speed, accuracy and efficiency.
By reimagining the warehouse as a strategic asset, Symbotic positions itself as a backbone of commerce for large distribution networks. The company leverages machine learning, high-density storage and advanced robotics to address complex distribution challenges and improve the economics of the supply chain for its global customer base.
Average Trading Volume: 2,144,889
Technical Sentiment Signal: Hold
Current Market Cap: $25.95B
For detailed information about SYM stock, go to TipRanks’ Stock Analysis page.