Shares of Symbotic Inc (SYM, Financial) surged 3.14% in mid-day trading on Oct 28. The stock reached an intraday high of $28.99, before settling at $28.28, up from its previous close of $27.42. This places SYM 52.72% below its 52-week high of $59.82 and 65.28% above its 52-week low of $17.11. Trading volume was 452,091 shares, 23.6% of the average daily volume of 1,911,592.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 16 analysts, the average target price for Symbotic Inc (SYM, Financial) is $39.38 with a high estimate of $60.00 and a low estimate of $10.00. The average target implies an upside of 39.23% from the current price of $28.28. More detailed estimate data can be found on the Symbotic Inc (SYM) Forecast page.
Based on the consensus recommendation from 17 brokerage firms, Symbotic Inc's (SYM, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
