#2 - Symbotic (NASDAQ:SYM)
In 2024, Symbotic posted an impressive 58% year-over-year revenue growth. However, the bigger story is likely to be its earnings growth, which posted year-over-year growth nearly three times that of revenue. The company delivered its first three profitable quarters.
Analysts predict an additional 150% earnings growth in 2025, which correlates with a consensus price target of $42.54—73% higher than the SYM stock price on January 2, 2025.
About Symbotic
Symbotic Inc, an automation technology company, engages in developing technologies to improve operating efficiencies in modern warehouses. The company automates the processing of pallets and cases in large warehouses or distribution centers for retail companies. Its systems enhance operations at the front end of the supply chain.
Read More - Current Price
- $26.45
- Consensus Rating
- Hold
- Ratings Breakdown
- 8 Buy Ratings, 6 Hold Ratings, 1 Sell Ratings.
- Consensus Price Target
- $40.71 (53.9% Upside)
