This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Barclays Reaffirms Their Sell Rating on Symbotic (SYM)

Tipranks - Tipranks - Tue Jun 16, 3:40AM CDT

Barclays analyst Guy Hardwick maintained a Sell rating on Symbotic today and set a price target of $44.00.

Claim 55% Off TipRanks

Hardwick covers the Technology sector, focusing on stocks such as Manhattan Associates, Trimble, and Amphenol. According to TipRanks, Hardwick has an average return of 7.0% and a 56.79% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Symbotic with a $66.89 average price target.

See today’s best-performing stocks on TipRanks >>

Based on Symbotic’s latest earnings release for the quarter ending March 28, the company reported a quarterly revenue of $676.48 million and a net profit of $1.97 million. In comparison, last year the company earned a revenue of $549.65 million and had a GAAP net loss of $1.8 million

Based on the recent corporate insider activity of 126 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SYM in relation to earlier this year. Last month, Todd Krasnow, a Director at SYM sold 26,633.00 shares for a total of $1,419,490.18.

Read More on SYM:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2026.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).