logo
Why Symbotic Stock Soared Today

Why Symbotic Stock Soared Today

Globe and Mail6 hours ago

Symbotic (NASDAQ: SYM) stock closed out Wednesday's trading with big gains. The robotics and automation company's share price ended the daily session up 8.5%. Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) was flat on the day, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) rose 0.3%.
Symbotic stock's rally today was triggered by bullish coverage from an analyst. In a note published this morning, Arete Research initiated coverage on the company and gave its stock a buy rating.
Symbotic stock soars on bullish analyst coverage
With the note it published today, Arete took a bullish stance on Symbotic and set a one-year price target of $50 per share for the stock. The coverage kicked off a wave of buying action, and the stock had been up as much as 10.7% earlier in the daily session. Even after today's gains, Arete's price target implies additional upside of roughly 43% and reflects confidence in continued growth opportunities for the company.
What's next for Symbotic stock?
Symbotic stock has been on an impressive hot streak in 2025, with excitement surrounding its artificial intelligence (AI) and robotics helping to push the company's share price up 47% year to date. The company now has a market capitalization of roughly $3.8 billion, but it's trading at a reasonable-looking 1.5 times this year's expected sales, and could still have room for substantial valuation upside.
While the business posted a net loss of $21 million in its last reported quarter, the robotics specialist managed to grow revenue 40% year over year in the period. Revenue growth could be uneven going forward, but there seems to be a good chance that the company will be able to increase its margins as its business continues to scale.
Should you invest $1,000 in Symbotic right now?
Before you buy stock in Symbotic, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Symbotic wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $689,813!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $906,556!*
Now, it's worth noting Stock Advisor 's total average return is809% — a market-crushing outperformance compared to175%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor.
See the 10 stocks »
*Stock Advisor returns as of June 23, 2025

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Morning News Wrap-Up: Wednesday's Biggest Stock Market Stories
Morning News Wrap-Up: Wednesday's Biggest Stock Market Stories

Globe and Mail

time36 minutes ago

  • Globe and Mail

Morning News Wrap-Up: Wednesday's Biggest Stock Market Stories

Wednesday is chock-full of stock market news that traders will want to know about. Fortunately, TipRanks has a quick list of the biggest stories worth reading about today. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter PTL Limited (PTLE) stock rocketed on results from a shareholder meeting. Houston American Energy (HUSA) stock plummeted on an agreement with an institutional investor. Leishen Energy (LSE) stock surged as some shares were released from a lock-up. Tesla (TSLA) stock rallied as its Chinese business rebounded. Meta Platforms (META) stock got a new price target from Deepak Mathivanan of Cantor Fitzgerald. Nvidia (NVDA) -backed SandboxAQ announced new medical data for AI training. Alphabet's (GOOGL) Waymo got support from Wells Fargo. Rising homebuilding costs have lowered construction to pandemic-era lows. D-Wave Quantum (QBTS) stock underwent a massive rally over the past year. Sarepta Therapeutics (SRPT) stock dove alongside dwindling analyst support. Meta Platforms is reportedly attempting to poach AI talent from OpenAI. D-Wave Quantum secured new government support. Goldman Sachs analysts don't expect an interest rate cut until December. SoundHound (SOUN) stock has suffered a nearly 50% drop year-to-date. President Trump has pressured the Federal Reserve to cut interest rates. Amazon (AMZN) has revealed plans to use AI to cut jobs. Nintendo (NTDOF) stock reached a new all-time high following its Donkey Kong Bananza Direct. OpenAI is offering cheaper prices for its enterprise version of ChatGPT. First Solar (FSLR) stock got a seal of approval from J.P. Morgan despite a government setback. Accenture (ACN) stock could rise 10% as it prepares to release its Q3 earnings. Nio (NIO) stock received an upgrade and new price target from Goldman Sachs analyst Tina Hou. The S&P 500 (SPX) was up today ahead of the Federal Reserve's interest rate decision. (WIX) has reached an agreement to acquire Base44. President Trump plans to offer another extension to TikTok to prevent a ban.

Jefferson Capital Announces Pricing of Initial Public Offering
Jefferson Capital Announces Pricing of Initial Public Offering

Globe and Mail

timean hour ago

  • Globe and Mail

Jefferson Capital Announces Pricing of Initial Public Offering

MINNEAPOLIS, June 25, 2025 (GLOBE NEWSWIRE) -- Jefferson Capital, Inc. ('Jefferson Capital'), a leading analytically driven purchaser and manager of charged-off and insolvency consumer accounts, today announced the pricing of its underwritten initial public offering of 10,000,000 shares of common stock at an initial public offering price of $15.00 per share. Jefferson Capital is offering 625,000 shares of common stock, and certain existing stockholders are offering 9,375,000 shares of common stock. In addition, the underwriters of the offering have a 30-day option to purchase from the selling stockholders up to 1,500,000 additional shares of common stock at the initial public offering price, less underwriting discounts and commissions. Jefferson Capital will not receive any proceeds from the sale of shares by the selling stockholders. Jefferson Capital's common stock is expected to begin trading on the Nasdaq Global Select Market on June 26, 2025 under the ticker symbol 'JCAP.' The offering is expected to close on June 27, 2025, subject to customary closing conditions. Jefferies and Keefe, Bruyette & Woods, A Stifel Company, are acting as joint-lead book-running managers for the offering. Citizens Capital Markets, Raymond James, Truist Securities, Capital One Securities, DNB Carnegie, Regions Securities LLC and Synovus are acting as book-running managers for the offering. FHN Financial Securities Corp. and ING Financial Markets LLC are acting as co-managers for the offering. A registration statement relating to the sale of these securities was declared effective by the Securities and Exchange Commission on June 25, 2025. The offering is being made only by means of a prospectus. Copies of the final prospectus related to the offering may be obtained, when available, from: Jefferies LLC, at Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, NY 10022, by telephone at 877-821-7388, or by email at prospectus_department@ or Keefe, Bruyette & Woods, Inc. by telephone at (800) 966-1559, or by e-mail at USCapitalMarkets@ This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Use of Forward-Looking Statements This press release may contain 'forward-looking statements' within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and in the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements and any such forward-looking statements are qualified in their entirety by reference to the following cautionary statements. All forward-looking statements speak only as of the date of this press release and are based on current expectations and involve a number of assumptions, risks and uncertainties that could cause the actual results to differ materially from such forward-looking statements. About Jefferson Capital, Inc. Founded in 2002, Jefferson Capital is an analytically driven purchaser and manager of charged-off and insolvency consumer accounts with operations in the United States, Canada, the United Kingdom and Latin America. It purchases and services both secured and unsecured assets, and its growing client base includes Fortune 500 creditors, banks, fintech origination platforms, telecommunications providers, credit card issuers and auto finance companies. Jefferson Capital is headquartered in Minneapolis, Minnesota with additional offices and operations located in Sartell, Minnesota, Denver, Colorado and San Antonio, Texas (United States); Basingstoke, England; London, England and Paisley, Scotland (United Kingdom); London, Ontario and Toronto, Ontario (Canada); as well as Bogota (Colombia). Contacts

U.S., Iran to talk next week and 'may sign an agreement,' Trump says
U.S., Iran to talk next week and 'may sign an agreement,' Trump says

National Post

time3 hours ago

  • National Post

U.S., Iran to talk next week and 'may sign an agreement,' Trump says

President Donald Trump said the U.S. would hold a meeting with Iran next week but cast doubt on the need for a diplomatic agreement on the country's nuclear program, citing the damage that American bombing had done to key sites. Article content 'We're going to talk to them next week,' Trump said Wednesday at a press conference during the NATO summit at The Hague, without giving more details. 'We may sign an agreement. I don't know, to me, I don't think it's that necessary.' Article content Article content Article content He reiterated that the U.S. strikes on the Natanz, Isfahan and Fordow facilities had 'obliterated' them, again disputing an American intelligence assessment that said Tehran's nuclear program had only been set back by a matter of months. Article content Article content The comments came on day two of a ceasefire between Israel and Iran, ending 12 days of conflict that threatened to escalate into a wider regional war and upend energy markets. As the missiles fell silent and oil prices plunged — wiping out most of their increase during the hostilities — focus has switched to a possible next stage of nuclear diplomacy. Article content Trump said the conflict was effectively 'over' after the U.S. bombing mission — though he also warned: 'Can it start again? I guess someday it can. It could maybe start soon.' Iran has been sending signals that it's ready to resume talks, which were underway with the U.S. before Israel attacked. 'The logic of war has failed — return to the logic of diplomacy,' Iran's mission to the United Nations said Wednesday. The mission didn't immediately respond to requests for comment on Trump's hint at new talks. Article content Article content Before Israel's June 13 attack on Iran, Trump envoy Steve Witkoff had taken the lead in five rounds of talks with the Islamic Republic, seeking a deal to replace the 2015 nuclear agreement that Trump abandoned during his first term. Article content Article content 'We're hopeful for a comprehensive peace agreement,' Witkoff said Wednesday on CNBC when asked what the next steps are for diplomacy with Iran. 'We were hopeful when we first started negotiations. It didn't quite work out that way, but today, we are hopeful. The signs are there.' Article content Witkoff said the U.S. has been 'having conversations with the Iranians' and that 'multiple interlocutors are reaching out to us,' adding that his 'strong sense' is that 'they're ready.' Article content 'For Iran, a diplomatic track makes as much sense today as it did before the attack,' said Ray Takeyh, a senior fellow at the New York-based Council on Foreign Relations. 'It seems that the Iranian program was not fully disabled. This may tempt Israel or the U.S. to conduct additional strikes. A diplomatic process will obviate that possibility.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store