Added to YB: 2024-05-10
Pitch date: 2024-05-07
SYM [bullish]
Symbotic Inc.
+32.76%
current return
Author Info
No bio for this author
Company Info
Symbotic Inc., an automation technology company, develops technologies to enhance operating efficiencies in modern warehouses.
Market Cap
$9.5B
Pitch Price
$46.27
Price Target
55.00 (-10%)
Dividend
N/A
EV/EBITDA
-199.67
P/E
-537.48
EV/Sales
3.81
Sector
Machinery
Category
growth
Symbotic Inc. - $SYM
SYM beat F2Q24 sales & EBITDA estimates, strong FCF. F3Q24 guide in-line but possibly conservative given recent execution, faster deployments. Secular growth story: GreenBox JV ramp, non-ambient share gains, BreakPack adoption. More details at investor day. Solid execution, improving FCF, growth opps = attractive LT risk/reward. $55 PT reiterated.
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