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.
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 ...
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.
Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an ...
Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Symbotic Inc. (“Symbotic” or the “Company” ...
Financial writer analyzes Symbotic Inc.'s potential amid strong revenue growth and profitability but warns of high valuation.
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Symbotic delays filing annual report due to revenue recognition errors, affecting stock and projecting lower fiscal year 2024 ...
To join the Symbotic class action, go to https://rosenlegal.com/submit-form/?case_id=31796 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email
[email protected] for information on the class ...
Financial giants have made a conspicuous bullish move on Symbotic. Our analysis of options history for Symbotic SYM revealed ...