Symbotic (NASDAQ: SYM) gave investors unfortunate news about its financial statements that are crashing the stock price.
The maker of AI-enabled robotics technology is restating its fiscal 2024 results and lowered its guidance for fiscal Q1 2025.
Key Takeaways Symbotic, the Walmart-backed artificial intelligence (AI) warehouse technology company, warned Wednesday about ...
Goldman Sachs analyst Mark Delaney lowered the firm’s price target on Symbotic (SYM) to $28 from $34 and keeps a Neutral rating on the shares.
The truth emerged on Nov. 27, 2024, when Symbotic revealed errors in its revenue recognition related to unbillable cost overruns. These errors impacted all quarters of fiscal year 2024, with the ...
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Financial writer analyzes Symbotic Inc.'s potential amid strong revenue growth and profitability but warns of high valuation.
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