Buy Or Sell Opportunity • Jun 09
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 18% to Mex$744. The fair value is estimated to be Mex$955, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Earnings per share has grown by 55%. Recent Insider Transactions • Jun 07
Independent Director recently sold Mex$1.6m worth of stock On the 1st of June, Todd Krasnow sold around 2k shares on-market at roughly Mex$822 per share. This transaction amounted to 4.4% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth Mex$25m. Insiders have been net sellers, collectively disposing of Mex$539m more than they bought in the last 12 months. Announcement • May 09
Symbotic Inc. Expects Revenue Guidance for the Third Quarter of 2026 Symbotic Inc. expects revenue guidance for the third quarter of 2026. For the period, the company expects revenue of $700 million to $720 million. Reported Earnings • May 07
Second quarter 2026 earnings released: EPS: US$0.016 (vs US$0.036 loss in 2Q 2025) Second quarter 2026 results: EPS: US$0.016 (up from US$0.036 loss in 2Q 2025). Revenue: US$676.5m (up 23% from 2Q 2025). Net income: US$1.97m (up US$5.89m from 2Q 2025). Profit margin: 0.3% (up from net loss in 2Q 2025). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Global Machinery industry. Announcement • Apr 16
Symbotic Inc. to Report Q2, 2026 Results on May 06, 2026 Symbotic Inc. announced that they will report Q2, 2026 results After-Market on May 06, 2026 Recent Insider Transactions • Apr 12
Independent Director recently sold Mex$1.9m worth of stock On the 6th of April, Todd Krasnow sold around 2k shares on-market at roughly Mex$948 per share. This transaction amounted to 3.8% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$59m. Insiders have been net sellers, collectively disposing of Mex$496m more than they bought in the last 12 months. Recent Insider Transactions • Feb 17
Independent Director recently sold Mex$59m worth of stock On the 11th of February, Rollin Ford sold around 60k shares on-market at roughly Mex$991 per share. This transaction amounted to 53% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$510m more than they bought in the last 12 months. Reported Earnings • Feb 06
First quarter 2026 earnings released: EPS: US$0.023 (vs US$0.03 loss in 1Q 2025) First quarter 2026 results: EPS: US$0.023 (up from US$0.03 loss in 1Q 2025). Revenue: US$630.0m (up 29% from 1Q 2025). Net income: US$2.60m (up US$5.78m from 1Q 2025). Profit margin: 0.4% (up from net loss in 1Q 2025). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Global Machinery industry. Announcement • Feb 06
Symbotic Inc. Provides Earnings Guidance for the Second Quarter of Fiscal 2026 Symbotic Inc. provided earnings guidance for the second quarter of fiscal 2026. For the second quarter of fiscal 2026, Symbotic expects revenue of $650 million to $670 million. Announcement • Feb 05
Symbotic Inc. (NasdaqGM:SYM) acquired Fox Robotics, Inc. Symbotic Inc. (NasdaqGM:SYM) acquired Fox Robotics, Inc. recently. Announcement • Jan 19
Symbotic Inc., Annual General Meeting, Mar 05, 2026 Symbotic Inc., Annual General Meeting, Mar 05, 2026. Announcement • Jan 15
Symbotic Inc. to Report Q1, 2026 Results on Feb 04, 2026 Symbotic Inc. announced that they will report Q1, 2026 results After-Market on Feb 04, 2026 Recent Insider Transactions • Jan 10
Chief Strategy Officer recently sold Mex$19m worth of stock On the 5th of January, William Boyd sold around 15k shares on-market at roughly Mex$1,234 per share. This transaction amounted to 44% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$475m more than they bought in the last 12 months. Recent Insider Transactions • Dec 08
Independent Director recently sold Mex$5.2m worth of stock On the 3rd of December, Todd Krasnow sold around 4k shares on-market at roughly Mex$1,297 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$28m. Insiders have been net sellers, collectively disposing of Mex$453m more than they bought in the last 12 months. Announcement • Dec 05
Symbotic Inc. has completed a Follow-on Equity Offering in the amount of $550 million. Symbotic Inc. has completed a Follow-on Equity Offering in the amount of $550 million.
Security Name: Class A Common Stock
Security Type: Common Stock
Securities Offered: 10,000,000
Price\Range: $55 Announcement • Dec 04
Symbotic Inc. has filed a Follow-on Equity Offering. Symbotic Inc. has filed a Follow-on Equity Offering.
Security Name: Class A Common Stock
Security Type: Common Stock
Securities Offered: 10,000,000 Recent Insider Transactions • Dec 04
Chief Technology Officer recently sold Mex$12m worth of stock On the 26th of November, James Kuffner sold around 8k shares on-market at roughly Mex$1,492 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$28m. Insiders have been net sellers, collectively disposing of Mex$448m more than they bought in the last 12 months. Recent Insider Transactions • Dec 02
Chief Technology Officer recently sold Mex$12m worth of stock On the 26th of November, James Kuffner sold around 8k shares on-market at roughly Mex$1,492 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$28m. Insiders have been net sellers, collectively disposing of Mex$448m more than they bought in the last 12 months. Reported Earnings • Nov 26
Full year 2025 earnings released: US$0.16 loss per share (vs US$0.14 loss in FY 2024) Full year 2025 results: US$0.16 loss per share (further deteriorated from US$0.14 loss in FY 2024). Revenue: US$2.25b (up 26% from FY 2024). Net loss: US$16.9m (loss widened 26% from FY 2024). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Global Machinery industry. Buy Or Sell Opportunity • Nov 25
Now 43% overvalued after recent price rise Over the last 90 days, the stock has risen 54% to Mex$1,380. The fair value is estimated to be Mex$967, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Earnings per share has grown by 6.9%. Announcement • Nov 25
Symbotic Inc. Provides Earnings Guidance for the First Quarter of Fiscal 2026 Symbotic Inc. provided earnings guidance For the first quarter of fiscal 2026. For the quarter, company expected revenue of $610 million to $630 million. Recent Insider Transactions • Nov 08
Independent Director recently sold Mex$5.7m worth of stock On the 4th of November, Todd Krasnow sold around 4k shares on-market at roughly Mex$1,427 per share. This transaction amounted to 9.1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$190m. Insiders have been net sellers, collectively disposing of Mex$435m more than they bought in the last 12 months. Announcement • Nov 04
Symbotic Inc. to Report Q4, 2025 Results on Nov 24, 2025 Symbotic Inc. announced that they will report Q4, 2025 results After-Market on Nov 24, 2025 Recent Insider Transactions • Oct 10
Independent Director recently sold Mex$4.9m worth of stock On the 6th of October, Todd Krasnow sold around 4k shares on-market at roughly Mex$1,231 per share. This transaction amounted to 9.1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$190m. Insiders have been net sellers, collectively disposing of Mex$384m more than they bought in the last 12 months. Announcement • Sep 23
Symbotic Inc. and Nyobolt Announces New Performance- Improving Power Technology for Symbot Autonomous Mobile Robots Symbotic Inc. announced it will roll out new battery technology from Nyobolt for its SymBot autonomous mobile robots. The technology will enable improved performance and durability for Symbotic's warehouse automation system. The new solution has six times more energy capacity and is 40% lighter, compared to the ultracapacitors used in SymBot mobile robots today. It significantly reduces the overall weight of the power supply and enhances the reliability of the system by increasing the bots' window of operability. The technology also delivers unparalleled cycle life: at least 10 times that of traditional Lithium-ion technology. The benefits are especially significant for larger, connected systems. With up to six times more energy, bots can do substantially more work, be teleoperated for longer, and travel significantly further between charges than is possible, providing greater flexibility, speed and efficiency in moving goods through the supply chain. Symbotic has been utilizing the technology in production on a limited basis since June 2025. It expects to start fully incorporating the batteries into new SymBot production in September 2025. The new power supply will be retrofit-compatible with previous-generation SymBot mobile robots, and the new battery technology is backward-compatible with existing Symbotic System charging infrastructure. Symbotic is based near Boston, MA, and Nyobolt is headquartered in the UK, with its R&D located in the Boston area. Recent Insider Transactions • Sep 07
Independent Director recently sold Mex$3.4m worth of stock On the 3rd of September, Todd Krasnow sold around 4k shares on-market at roughly Mex$853 per share. This transaction amounted to 9.1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$190m. Insiders have been net sellers, collectively disposing of Mex$380m more than they bought in the last 12 months. Announcement • Aug 28
Symbotic Inc. Appoints Andrew Ross to Its Board of Directors, Effective August 26, 2025 Symbotic Inc. appointed Andrew (“Andy”) Ross to its Board of Directors, effective August 26, 2025. Mr. Ross currently serves as President and Chief Operating Officer of Parker-Hannifin Corporation (NYSE: PH), a global leader in the design and manufacture of motion and control technologies. He has spent over 25 years at Parker. Prior to his current roles, he served as Vice President and President of Parker’s Fluid Connectors Group, after holding the positions of Vice President and President of Parker’s Engineered Materials Group. Before joining Parker, Mr. Ross held sales and product marketing roles at Trelleborg Sealing Solutions (then Busak + Shamban GmbH), after beginning his career at Norfolk Southern Corporation. Mr. Ross received a Bachelor of Science in Business Administration from the University of Saint Francis, an Executive MBA from Case Western Reserve University, and a Master of Arts in Applied Communications from the University of Michigan. He is a member of the Manufacturers Alliance for Productivity and Innovation (MAPI). Recent Insider Transactions • Aug 24
Independent Director recently sold Mex$22m worth of stock On the 19th of August, Charles Kane sold around 25k shares on-market at roughly Mex$895 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$86m. Insiders have been net sellers, collectively disposing of Mex$187m more than they bought in the last 12 months. Recent Insider Transactions • Aug 17
Independent Director recently sold Mex$86m worth of stock On the 12th of August, Rollin Ford sold around 90k shares on-market at roughly Mex$957 per share. This transaction amounted to 63% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$194m more than they bought in the last 12 months. Recent Insider Transactions • Aug 09
Independent Director recently sold Mex$4.2m worth of stock On the 4th of August, Todd Krasnow sold around 4k shares on-market at roughly Mex$1,039 per share. This transaction amounted to 7.4% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth Mex$5.1m. Insiders have been net sellers, collectively disposing of Mex$64m more than they bought in the last 12 months. Reported Earnings • Aug 08
Third quarter 2025 earnings released: US$0.054 loss per share (vs US$0.046 loss in 3Q 2024) Third quarter 2025 results: US$0.054 loss per share (further deteriorated from US$0.046 loss in 3Q 2024). Revenue: US$592.1m (up 26% from 3Q 2024). Net loss: US$5.91m (loss widened 26% from 3Q 2024). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Global Machinery industry. Breakeven Date Change • Aug 07
Forecast breakeven date pushed back to 2026 The 16 analysts covering Symbotic previously expected the company to break even in 2025. New consensus forecast suggests losses will reduce by 34% to 2025. The company is expected to make a profit of US$165.8m in 2026. Average annual earnings growth of 49% is required to achieve expected profit on schedule. Announcement • Aug 07
Symbotic Inc. Provides Earnings Guidance for the Fourth Quarter of Fiscal 2025 Symbotic Inc. provided earnings guidance for the fourth quarter of fiscal 2025. For the quarter, revenue of $590 million to $610 million. Announcement • Aug 05
Symbotic Unveils Next-Generation Storage for its Warehouse Automation System - Enabling Significantly Reduced Customer Footprint and Faster Case Handling Symbotic Inc. announced the commercial availability of its innovative next-generation storage technology. Designed to significantly enhance the performance of its warehouse automation system, the new structure is engineered to deliver substantially increased storage capacity for products, faster deployment and case handling, enhanced fire suppression, and improved seismic adaptability. Symbotic has coupled the exceptional, industry-leading density offered by its current system with a breakthrough innovation that can reduce customers' storage footprint by up to 40% of its original size. This will enable customers to fit considerably more products into a fixed space, or attain a target storage volume in a smaller footprint. Case handling speed will also be enhanced: the increased storage density will mean shorter - and faster - bot trips per case delivery. Additionally, Symbotic's next-generation storage is engineered for rapid deployment. The innovative structure features pre-assembled, precision-manufactured sub-components that will reduce the number of on-site assembly parts by over 90% and lower system implementation time at customer sites. Further key benefits of Symbotic's next-generation Storage design include: Modular shelf configurations that accommodate a broader range of products and boost storage density; Pre-engineered safety features and integrated fire suppression; Structural strengthening options providing flexibility to meet seismic requirements; Reduced site readiness costs through a unique leveling system that minimizes floor preparation. The new storage and buffering structure can be implemented as a retrofit to existing facilities or in new greenfield buildings, as part of the end-to-end Symbotic System. Announcement • Jul 17
Symbotic Inc. to Report Q3, 2025 Results on Aug 06, 2025 Symbotic Inc. announced that they will report Q3, 2025 results at 4:00 PM, Eastern Standard Time on Aug 06, 2025 Recent Insider Transactions • Jul 11
Independent Director recently sold Mex$3.5m worth of stock On the 7th of July, Todd Krasnow sold around 4k shares on-market at roughly Mex$868 per share. This transaction amounted to 7.4% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth Mex$5.1m. Insiders have been net sellers, collectively disposing of Mex$67m more than they bought in the last 12 months. Breakeven Date Change • Jun 10
Forecast breakeven date moved forward to 2025 The 18 analysts covering Symbotic previously expected the company to break even in 2026. New consensus forecast suggests the company will make a profit of US$2.01m in 2025. Earnings growth of 108% is required to achieve expected profit on schedule. Announcement • Jun 10
Symbotic Inc. Announces Chief Financial Officer Changes Symbotic Inc. announced the appointment of Izzy Martins as Chief Financial Officer, effective August 9, 2025. Martins will join Symbotic as CFO-designate on July 1, 2025, succeeding Carol Hibbard who will depart to explore other opportunities. Hibbard will remain with the company through the end of the calendar year to ensure a smooth transition. Martins brings more than 20 years of financial and business leadership experience to Symbotic, most recently serving as Executive Vice President and Chief Financial Officer at Avis Budget Group Inc., where she was responsible for all financial operations. She previously served as Avis Budget Group’s Executive Vice President, Americas, where she was accountable for a market segment with over $9 billion of revenue and played a pivotal role in driving Avis’s post-pandemic transformation. During her time at Symbotic, Hibbard has played an important role in guiding the company through a period of revenue growth, expansion, and investment in innovation. Announcement • May 16
Eric Branderiz Joins Symbotic’s Board of Directors, Effective May 14, 2025 Symbotic Inc. announced the election of Eric Branderiz to its Board of Directors, effective May 14, 2025. Mr. Branderiz joins Symbotic’s Board following a nearly 30-year career in public and private company finance and accounting, including in high-growth environments in industrial technology. Most recently, he served as Executive Vice President and Chief Financial Officer at Enphase Energy. Prior to Enphase Energy, Mr. Branderiz was Vice President, Corporate Controller and Chief Accounting Officer at Tesla. He has held senior finance and accounting roles at SunPower Corporation, Knowledge Universe Corporation, Spansion and Advanced Micro Devices, after beginning his career at Ernst & Young. Mr. Branderiz currently serves on the Board of Directors of Cognizant Technology Solutions Corporation and Fortive Corporation. He is a Certified Public Accountant in California, and received his bachelor’s degree in Business Commerce with an emphasis on Accounting from The University of Alberta. Announcement • May 08
Symbotic Inc. Provides Earnings Guidance for the Third Quarter of Fiscal 2025 Symbotic Inc. provided earnings guidance for the third quarter of fiscal 2025. For the quarter, the company expects revenue of $520 million to $540 million. Buy Or Sell Opportunity • Apr 24
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 39% to Mex$415. The fair value is estimated to be Mex$519, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 53% over the last 3 years. Meanwhile, the company became loss making. Board Change • Apr 21
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Independent Director Vikas Parekh is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Apr 17
Symbotic Inc. to Report Q2, 2025 Results on May 07, 2025 Symbotic Inc. announced that they will report Q2, 2025 results After-Market on May 07, 2025 Board Change • Mar 29
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Independent Director Vikas Parekh is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Recent Insider Transactions • Mar 08
Independent Director recently sold Mex$945k worth of stock On the 3rd of March, Todd Krasnow sold around 2k shares on-market at roughly Mex$472 per share. This transaction amounted to 3.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth Mex$28m. Insiders have been net sellers, collectively disposing of Mex$130m more than they bought in the last 12 months. Board Change • Feb 27
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Independent Director Vikas Parekh is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Feb 06
Symbotic Inc. Provides Earnings Guidance for the Second Quarter of Fiscal 2025 Symbotic Inc. provided earnings guidance for the second quarter of fiscal 2025. For the quarter, the company expects revenue of $510 million to $530 million. Announcement • Jan 29
Symbotic Inc. (NasdaqGM:SYM) completed the acquisition of Walmart Advanced Systems & Robotics Inc. from Walmart Inc. (NYSE:WMT). Symbotic Inc. (NasdaqGM:SYM) entered into a Purchase and Sale Agreement to acquire Walmart Advanced Systems & Robotics Inc. from Walmart Inc. (NYSE:WMT) for $550 million on January 15, 2025. The Purchase Agreement provides that Symbotic will pay to Walmart, (a) upon the closing of the transactions contemplated by the Purchase Agreement, $200,000,000 in cash, subject to customary adjustments for cash, indebtedness and transaction expenses, and deferred cash consideration following the Closing of (i) $175,000,000, payable only upon acceptance of the first APD under the terms of the Commercial Agreement by Walmart, and (ii) $175,000,000, payable only upon Walmart’s exercise of the Additional APD Option. The transaction is subject to subject to antitrust regulations. The acquisition is anticipated to close in Symbotic’s fiscal second quarter of 2025.
Mahvesh A. Qureshi and Derrik Forshee of Hogan Lovells US LLP acted as legal advisor for Walmart Inc. Matthew B. Goodman and Mimi Wu of Sullivan & Cromwell LLP acted as legal advisor for Symbotic Inc. Citigroup Inc. acted as financial advisor for Symbotic Inc.
Symbotic Inc. (NasdaqGM:SYM) completed the acquisition of Walmart Advanced Systems & Robotics Inc. from Walmart Inc. (NYSE:WMT) on January 28, 2025. Announcement • Jan 21
Symbotic Inc. to Report Q1, 2025 Results on Feb 05, 2025 Symbotic Inc. announced that they will report Q1, 2025 results After-Market on Feb 05, 2025 Announcement • Jan 20
Symbotic Inc., Annual General Meeting, Mar 06, 2025 Symbotic Inc., Annual General Meeting, Mar 06, 2025. Announcement • Jan 17
Symbotic Inc. (NasdaqGM:SYM) entered into a Purchase and Sale Agreement to acquire Walmart Advanced Systems & Robotics Inc. from Walmart Inc. (NYSE:WMT) for $550 million. Symbotic Inc. (NasdaqGM:SYM) entered into a Purchase and Sale Agreement to acquire Walmart Advanced Systems & Robotics Inc. from Walmart Inc. (NYSE:WMT) for $550 million on January 15, 2025. The Purchase Agreement provides that Symbotic will pay to Walmart, (a) upon the closing of the transactions contemplated by the Purchase Agreement, $200,000,000 in cash, subject to customary adjustments for cash, indebtedness and transaction expenses, and deferred cash consideration following the Closing of (i) $175,000,000, payable only upon acceptance of the first APD under the terms of the Commercial Agreement by Walmart, and (ii) $175,000,000, payable only upon Walmart’s exercise of the Additional APD Option. The transaction is subject to subject to antitrust regulations. The acquisition is anticipated to close in Symbotic’s fiscal second quarter of 2025.
Mahvesh A. Qureshi and Derrik Forshee of Hogan Lovells US LLP acted as legal advisor for Walmart Inc. Matthew B. Goodman and Mimi Wu of Sullivan & Cromwell LLP acted as legal advisor for Symbotic Inc. Citigroup Inc. acted as financial advisor for Symbotic Inc. Announcement • Jan 07
Symbotic Inc. Announces Executive Changes Symbotic Inc. announced the appointment of Dr. James Kuffner as Chief Technology Officer (CTO), effective January 1, 2025, in line with the retirement of George Dramalis, Symbotic’s former CTO. In his new role, Kuffner will be responsible for continuing to advance Symbotic’s technologies and solutions to drive Symbotic’s strategic long-term growth. James has more than 30 years of leadership experience in robotics. He has helped forge technological advances at Toyota, Google and Carnegie Mellon University’s Robotics Institute. As the author of 125 publications and 40 patents in 3D graphics, robotics and autonomous vehicles, James is most notably known as the co-inventor of the Rapidly Exploring Random Tree (RRT) algorithm for robot motion planning. James joins Symbotic from Toyota Motor Corporation, where he held several leadership roles during his long tenure. Most recently, he was a Senior Fellow in charge of the company’s Software Development Center, after serving as Toyota’s Chief Digital Officer and Member of the Board. Announcement • Dec 13
Symbotic Inc. (NasdaqGM:SYM) completed the acquisition of Assets of OhmniLabs, Inc. Symbotic Inc. (NasdaqGM:SYM) entered into an Asset Purchase Agreement to acquire Assets of OhmniLabs, Inc for $13 million on December 3, 2024.
Symbotic Inc. (NasdaqGM:SYM) completed the acquisition of Assets of OhmniLabs, Inc on December 12, 2024. Announcement • Dec 04
Bragar Eagel & Squire, P.C. Files Lawsuit Against Symbotic Inc Bragar Eagel & Squire, P.C. announced that a class action lawsuit has been filed against Symbotic Inc. in the United States District Court for the District of Massachusetts on behalf of all persons and entities who purchased or otherwise acquired Symbotic securities between February 8, 2024, and November 26, 2024, both dates inclusive (the “Class Period”). Investors have until February 3, 2025 to apply to the Court to be appointed as lead plaintiff in the lawsuit. According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) Symbotic improperly accelerated revenue recognition in its 2024 financial statements; and (2) as a result, defendants’ statements about Symbotic’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. Announcement • Nov 29
Symbotic Inc. announced delayed annual 10-K filing On 11/27/2024, Symbotic Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Announcement • Nov 27
Symbotic Inc. Revises Earnings Guidance for the First Quarter of Fiscal Year 2025 Symbotic Inc. revised earnings guidance for the first quarter of fiscal year 2025. The company now expects revenue of $480 million to $500 million. New Risk • Nov 27
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Shareholders have been diluted in the past year (5.3% increase in shares outstanding). Significant insider selling over the past 3 months (Mex$2.8m sold). Announcement • Nov 19
Symbotic Inc. Provides Earnings Guidance for the First Quarter of Fiscal Year 2025 Symbotic Inc. provided earnings guidance for the first quarter of fiscal year 2025. For the first quarter of fiscal 2025, the company expected revenue of $495 million to $515 million. Buy Or Sell Opportunity • Nov 13
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at Mex$720. The fair value is estimated to be Mex$900, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 62% over the last 3 years. Earnings per share has grown by 210%. Recent Insider Transactions • Nov 08
Independent Director recently sold Mex$1.1m worth of stock On the 4th of November, Todd Krasnow sold around 2k shares on-market at roughly Mex$565 per share. This transaction amounted to 3.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$289m more than they bought in the last 12 months. Announcement • Oct 29
Symbotic Inc. to Report Q4, 2024 Results on Nov 18, 2024 Symbotic Inc. announced that they will report Q4, 2024 results After-Market on Nov 18, 2024 New Risk • Oct 21
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Shareholders have been diluted in the past year (5.3% increase in shares outstanding). Significant insider selling over the past 3 months (Mex$8.8m sold). Recent Insider Transactions • Oct 06
Independent Director recently sold Mex$945k worth of stock On the 1st of October, Todd Krasnow sold around 2k shares on-market at roughly Mex$472 per share. This transaction amounted to 3.2% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth Mex$7.1m. Insiders have been net sellers, collectively disposing of Mex$287m more than they bought in the last 12 months. New Risk • Sep 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Shareholders have been diluted in the past year (5.3% increase in shares outstanding). Significant insider selling over the past 3 months (Mex$9.1m sold). Recent Insider Transactions • Sep 07
Independent Director recently sold Mex$743k worth of stock On the 3rd of September, Todd Krasnow sold around 2k shares on-market at roughly Mex$372 per share. This transaction amounted to 3.2% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth Mex$7.1m. Insiders have been net sellers, collectively disposing of Mex$286m more than they bought in the last 12 months. New Risk • Aug 26
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Shareholders have been diluted in the past year (5.3% increase in shares outstanding). Significant insider selling over the past 3 months (Mex$45m sold). Recent Insider Transactions • Aug 08
Independent Director recently sold Mex$7.1m worth of stock On the 5th of August, Todd Krasnow sold around 17k shares on-market at roughly Mex$418 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$34m. Insiders have been net sellers, collectively disposing of Mex$488m more than they bought in the last 12 months. Buy Or Sell Opportunity • Aug 02
Now 29% undervalued The stock has been flat over the last 90 days, currently trading at Mex$444. The fair value is estimated to be Mex$623, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 62% over the last 3 years. Earnings per share has grown by 210%. Announcement • Jul 31
Symbotic Inc. Provides Earnings Guidance for the Fourth Quarter of Fiscal 2024 Symbotic Inc. provided earnings guidance for the fourth quarter of fiscal 2024. For the quarter, the company expects revenue of $455 million to $475 million. Reported Earnings • Jul 31
Third quarter 2024 earnings released: US$0.024 loss per share (vs US$0.07 loss in 3Q 2023) Third quarter 2024 results: US$0.024 loss per share (improved from US$0.07 loss in 3Q 2023). Revenue: US$491.9m (up 58% from 3Q 2023). Net loss: US$2.49m (loss narrowed 43% from 3Q 2023). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Global Machinery industry. Announcement • Jul 16
Symbotic Inc. to Report Q3, 2024 Results on Jul 29, 2024 Symbotic Inc. announced that they will report Q3, 2024 results After-Market on Jul 29, 2024 Recent Insider Transactions • Jul 07
Independent Director recently sold Mex$1.3m worth of stock On the 2nd of July, Todd Krasnow sold around 2k shares on-market at roughly Mex$647 per share. This transaction amounted to 3.2% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$34m. Insiders have been net sellers, collectively disposing of Mex$607m more than they bought in the last 12 months. New Risk • Jun 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Shareholders have been diluted in the past year (5.3% increase in shares outstanding). Significant insider selling over the past 3 months (Mex$38m sold). Recent Insider Transactions • Jun 10
Independent Director recently sold Mex$1.4m worth of stock On the 3rd of June, Todd Krasnow sold around 2k shares on-market at roughly Mex$698 per share. This transaction amounted to 3.2% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$34m. Insiders have been net sellers, collectively disposing of Mex$572m more than they bought in the last 12 months. Recent Insider Transactions • May 27
Chairman of the Board & CEO recently sold Mex$34m worth of stock On the 24th of May, Richard Cohen sold around 50k shares on-market at roughly Mex$683 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Richard's only on-market trade for the last 12 months. Reported Earnings • May 08
Second quarter 2024 earnings released: US$0.071 loss per share (vs US$0.10 loss in 2Q 2023) Second quarter 2024 results: US$0.071 loss per share. Revenue: US$424.3m (up 59% from 2Q 2023). Net loss: US$6.58m (loss widened 7.6% from 2Q 2023). Revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Machinery industry in South America. Announcement • May 08
Symbotic Inc. Provides Earnings Guidance for the Third Quarter of Fiscal 2024 Symbotic Inc. provided earnings guidance for the third quarter of fiscal 2024. For the third quarter of fiscal 2024, the company expects revenue of $450 million to $470 million. Announcement • Apr 17
Symbotic Inc. to Report Q2, 2024 Results on May 06, 2024 Symbotic Inc. announced that they will report Q2, 2024 results After-Market on May 06, 2024 Breakeven Date Change • Mar 22
Forecast breakeven date pushed back to 2025 The 16 analysts covering Symbotic previously expected the company to break even in 2024. New consensus forecast suggests losses will reduce by 60% to 2024. The company is expected to make a profit of US$222.5m in 2025. Average annual earnings growth of 115% is required to achieve expected profit on schedule.