D.A. Davidson raises Symbotic PT; shares rise

Symbotic

22/12/2025 11:36

** Warehouse robotics maker Symbotic's SYM.O shares rise 2.9% to $60.70 premarket

** D.A. Davidson raises PT on SYM to $53 from $47

** Brokerage raises FY26, FY27 revenue projections for co on stronger start to 2026

** Says new features will enable faster assembly and easier installation, improving scalability and deployment speed

** Anticipates organic growth reaccelerating in FY27 as customer adoption grows

** Still, SYM will experience some revenue deceleration during FY26, says brokerage

** New price target marks a 10% discount to SYM's last close of $59

** Co shares reached record high on November 26 after upbeat Q4 results

** Eight of 20 brokerages rate the stock "buy" or higher, 9 "hold" and 3 "sell"; their median PT is $60.5 - LSEG data

** As of last close, stock has more than doubled YTD

 (Reporting by Utkarsh Tushar Hathi)

 ((utkarshtushar.hathi@thomsonreuters.com))