Symbotic Inc. (SYM) Stock Price & How to Invest

Symbotic designs and builds AI-powered, robotics-based automation systems for distribution centers and warehouses. Its platform combines autonomous mobile robots, structure, machine vision, and proprietary software to receive, store, and assemble pallets and cases for retailers and wholesalers. The company makes money two ways: large upfront system-deployment contracts recognized on a percentage-of-completion basis as it installs hardware, and a growing stream of recurring software-licensing, parts, and maintenance fees once systems go live. Customers include Walmart, Albertsons, C&S Wholesale Grocers, and Associated Wholesale Grocers, with retail and grocery supply chains the core market.

Symbotic grew out of work with Walmart, which became its anchor customer, and went public in 2022 by merging with SoftBank-backed SVF Investment Corp, a special-purpose acquisition company (SPAC). In 2023 it formed GreenBox Systems, a warehouse-as-a-service joint venture owned roughly 65% by SoftBank and 35% by Symbotic, which committed to buy billions of dollars of Symbotic systems. The company later deepened its Walmart ties by taking on Walmart's advanced-systems robotics operations and acquired Fox Robotics to add autonomous forklifts. In late 2024 Symbotic restated several fiscal 2024 quarters after finding errors in how it recognized revenue, disclosing material weaknesses in internal controls.

Since mid-2026 the operating numbers have improved while the stock has not. In fiscal Q3 2026 (quarter ended June 27, 2026) Symbotic reported revenue of about $721 million, up roughly 22% year over year and at the top of its ~$700 to $720 million guidance, and net income of about $12 million, its third straight small GAAP profit. Trailing operating cash flow reached about $894 million and the company holds roughly $1.75 billion of cash with almost no debt. In October 2026 it acquired cellumation, a Bremen, Germany sortation-technology maker with over 70 employees, for an undisclosed price. The shares nonetheless closed at about $39.42 on October 16, 2026, down about 39% year to date, for a market cap near $24 billion, or roughly 9x trailing sales.

Customer concentration is severe: Walmart is both the largest customer and an investor, and Walmart plus GreenBox account for the vast majority of backlog, so a change at either would be material. Profitability is fragile; fiscal 2025 system gross margin was ~18.8%, and while the last three quarters were GAAP profitable, trailing net income is only about $8 million on ~$2.65 billion of revenue (a ~0.3% net margin). Symbotic restated several fiscal 2024 quarters over revenue-recognition errors and disclosed internal-control weaknesses, and faces related securities litigation, so execution and accounting credibility remain watch items. The shares have fallen about 45% over the past year yet still trade around 9x sales and about 51x forward earnings, leaving little margin for disappointment, and acquisitions such as cellumation add integration work.

15 analysts publish price targets on SYM, averaging $61.50 against a $37.72 price as of November 2026, or +63.0%. The published targets run from $38.00 to $85.00, a wide spread, and the ratings split 10 buy, 5 hold, 3 sell. Over the last six months there have been 0 raises and 4 cuts among the published actions. A price target is what an analyst published on a date, not a prediction, and sell-side ratings skew positive across the whole market.

Read the full SYM forecast and price target for the target table, the recent rating actions by firm, and how the consensus has shifted.

We give no verdict on Symbotic Inc.. Both cases are real, which is why the question is contested at all, so here is the strongest version of each.

The case for buying. A very large multi-year backlog. Symbotic reported a total backlog of ~$22.7 billion as of fiscal Q2 2026, and recent coverage puts it at about $22.5 billion, giving years of potential revenue visibility. The most optimistic published target, $85.00, assumes this works close to its best case.

The case against. Customer concentration is severe: Walmart is both the largest customer and an investor, and Walmart plus GreenBox account for the vast majority of backlog, so a change at either would be material. The most pessimistic target, $38.00, is roughly what SYM is worth if this bites instead.

Read the full bull and bear case on SYM, including what would have to change to break either one. Walnut is not an investment adviser.

No. Symbotic Inc. (SYM) has not split its stock in the last 10 years. That is a statement about the window we check rather than about the company’s entire history, so an older split is possible. It also matters less than it once did: fractional shares mean a high price per share no longer keeps smaller investors out, which removed most of the practical reason to split.

A simple financial snapshot. These are approximations and refresh quarterly; for current figures see Symbotic Inc.'s investor relations page or your broker.

• Revenue (TTM): ~$2.65 billion (fiscal Q3 up ~22%)
• Fiscal Q3 2026 revenue: ~$721 million
• Total backlog: ~$22.5 billion (recent coverage)
• Gross / operating margin (TTM): ~21% / ~5%
• Net income (TTM): ~$8 million
• Cash / debt: ~$1.75 billion / ~$26 million
• Market cap: ~$23.9 billion (share price ~$39.42)
• Forward P/E / P/S: ~51x / ~9x

Figures are as of October 16, 2026. Fiscal Q3 2026 revenue of ~$721 million and net income of ~$12 million continued a run of small GAAP profits, and earnings beat consensus for a fourth straight quarter. The stock is down about 39% this year, but the market cap still implies roughly 9x trailing revenue, a valuation that leans on the backlog converting into profitable, recurring business. Fiscal Q4 results are due November 16, 2026, with consensus near $774 million of revenue.

If you want SYM exposure as part of a larger bundle rather than directly, these ETFs hold it meaningfully. Weights are approximate and refresh quarterly.

Other names that sit close to SYM: same theme, named as a direct competitor, or held beside it in the same funds. Each entry says which. Worth a look if you are thinking about diversification within a thesis rather than concentration on one ticker.

There are three common ways to get SYM exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it (ROBT), which spreads the position across many companies. Or build it into a focused thematic portfolio, so SYM sits alongside other stocks that express the same thesis.

Walnut takes the portfolio route. Describe a thesis where SYM fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.

New to this? Start with how to invest in stocks, see how to analyze a stock with AI, or compare the best AI stock analyzers.

Symbotic is a warehouse-automation company whose main driver today is converting an enormous order book into deployed systems and recurring revenue. Revenue keeps climbing (fiscal Q3 2026 sales of ~$721 million rose about 22% year over year) and the backlog sits around $22.5 billion, the bulk tied to Walmart and the GreenBox joint venture with SoftBank. Yet the shares have roughly halved from their 52-week high of about $88, to ~$39 on October 16, 2026. If you believe AI-enabled supply-chain automation is a durable, multi-decade build-out and that Symbotic can keep installing on schedule, the question becomes sizing and overlap with the rest of your holdings, not timing; the risk is that heavy Walmart concentration, thin system margins, and a track record that includes a restatement leave little room for execution slips at a valuation still near 9x sales. Fiscal Q4 results are due November 16, 2026.

Whether SYM is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is SYM a buy or a sell?, and where the stock could go from here in the SYM stock forecast.

For income investors, whether SYM pays a dividend and how the payout looks is covered in does SYM pay a dividend? And to weigh SYM against a peer, read the full side-by-side comparisons: SYM vs HON and SYM vs AMZN.