Latest news with #AreteResearch
Yahoo
11 hours ago
- Business
- Yahoo
Why Symbotic Stock Soared Today
Symbotic stock rose today after Arete initiated coverage on the stock with a buy rating. Arete set a one-year price target of $50 per share on the stock, implying additional upside of 43%. Symbotic stock has posted strong gains in 2025, but its valuation profile suggests that shares may still have room to run. 10 stocks we like better than Symbotic › 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. 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. 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. Before you buy stock in Symbotic, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 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 is 809% — a market-crushing outperformance compared to 175% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Symbotic. The Motley Fool has a disclosure policy. Why Symbotic Stock Soared Today was originally published by The Motley Fool
Globe and Mail
12 hours ago
- Business
- Globe and Mail
Why Symbotic Stock Soared Today
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
New York Times
19-02-2025
- Business
- New York Times
Apple Unveils New Low-Priced iPhone With A.I. Features
Less than a year after introducing its artificial intelligence capabilities, Apple is bringing the feature to its most affordable iPhone. On Wednesday, the company unveiled an iPhone that will cost $599 and feature an A.I. system it calls Apple Intelligence. The device brings A.I. features like notification summaries and writing recommendations in English to the company's lowest-priced iPhone model as it prepares to expand those features to other languages in the coming months, including Chinese, Portuguese, and localized English for India. The new phone, which Apple is calling the iPhone 16e, does not feature a home button or Touch ID, which have been phased out. Instead, the phone is unlocked with a facial recognition system called Face ID that has been available on most iPhones since 2017. The iPhone 16e is the first update to the company's lowest-priced smartphone line since 2022, replacing the company's iPhone SE. The cheaper phones have helped Apple get its signature product into the pockets of price-sensitive customers, who often trade up for more expensive models the next time they buy a phone. Apple is introducing the new iPhone at a critical juncture. The company's iPhone business has been in a slump, with sales down 2 percent from their peak of $205.5 billion in 2022. Tim Cook, Apple's chief executive, has chalked up some of the iPhone's struggles to the limited availability of Apple Intelligence, which was announced months before it became available, and is offered only on the company's newest models in English-speaking markets like the United States. In a call with analysts last month, Mr. Cook said that the company's new A.I. features drove iPhone sales in markets where it was available. But surveys have found that A.I. hasn't been a major reason that people are buying new phones, said Jeff Fieldhack, research director at Counterpoint Research, a market research firm. 'People are buying phones for the same reasons they always have: The battery isn't recharging or the phone is aging and not working,' he said. Apple's business also stands to benefit from raising the price of its introductory model. The iPhone 16e is 40 percent more expensive than the last iPhone SE, which cost $429. The increase means that Apple stands to collect $170 more on each of the lowest-priced iPhones it sells. That will lift total sales at a time when the number of phones it sells has been relatively stable, at about 230 million phones a year. The higher price comes after President Trump imposed a 10 percent tariff on all imports from China. Apple makes a majority of its iPhones in China, but its decision to increase prices on its lowest-priced iPhone is probably unrelated, said Richard Kramer, partner at Arete Research, a stock research firm. 'These decisions are made months before action is taken,' Mr. Kramer said. 'This is the start of Apple lifting prices across the range at a time when volume growth is pretty moribund.'
