Symbotic Inc. (NASDAQ:SYM): Is Breakeven Near?

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Symbotic Inc. (NASDAQ:SYM): Is Breakeven Near?

Simply Wall St.10-30

With the business potentially at an important milestone, we thought we'd take a closer look at Symbotic Inc.'s (NASDAQ:SYM) future prospects. Symbotic Inc., an automation technology company, engages ...

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(NASDAQ:SYM): Is Breakeven Near?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-30 01:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/us/capital-goods/nasdaq-sym/symbotic/news/symbotic-inc-nasdaqsym-is-breakeven-near><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With the business potentially at an important milestone, we thought we'd take a closer look at Symbotic Inc.'s (NASDAQ:SYM) future prospects.  Symbotic Inc., an automation technology company, engages ...</p>\n\n<a href=\"https://simplywall.st/stocks/us/capital-goods/nasdaq-sym/symbotic/news/symbotic-inc-nasdaqsym-is-breakeven-near\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NDAQ","symbol_name":"纳斯达克OMX交易所","start_time":0,"source_url":"https://simplywall.st/stocks/us/capital-goods/nasdaq-sym/symbotic/news/symbotic-inc-nasdaqsym-is-breakeven-near","article_id":"2479726597","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/8131000-choice1-main-header/1585186656975"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2479726597","pubTimestamp":1730223946,"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"With the business potentially at an important milestone, we thought we'd take a closer look at Symbotic Inc.'s...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"NDAQ":"纳斯达克OMX交易所","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD","LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","SQQQ":"纳指三倍做空ETF","LU2210149790.SGD":"Natixis Thematics Subscription Economy R/A SGD-H","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","BK4112":"金融交易所和数据","IE00B64PRP62.GBP":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (GBP) ACC","IE00B3QW5Z07.USD":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (USD) ACC","TQQQ":"纳指三倍做多ETF","IE00BGHQF748.EUR":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (EUR) ACC","BK4161":"工业机械","QLD":"纳指两倍做多ETF","PSQ":"纳指反向ETF","BK4585":"ETF&股票定投概念","QID":"纳指两倍做空ETF",".IXIC":"NASDAQ Composite","BK4588":"碎股","SYM":"Symbotic Inc."},"translate_title":"Symbotic Inc.（纳斯达克：SYM）：盈亏平衡即将到来吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SYM":1,"NDAQ":1,".IXIC":1,"TQQQ":0.6,"SQQQ":0.6,"QLD":0.6,"QID":0.6,"PSQ":0.6,"NQmain":0.6,"MNQmain":0.6},"content_text":"With the business potentially at an important milestone, we thought we'd take a closer look at Symbotic Inc.'s (NASDAQ:SYM) future prospects.  Symbotic Inc., an automation technology company, engages in developing technologies to improve operating efficiencies in modern warehouses.    The US$16b market-cap company’s loss lessened since it announced a US$24m loss in the full financial year, compared to the latest trailing-twelve-month loss of US$17m, as it approaches breakeven.    Many investors are wondering about the rate at which Symbotic will turn a profit, with the big question being “when will the company breakeven?”  In this article, we will touch on the expectations for the company's growth and when analysts expect it to become profitable.  View our latest analysis for Symbotic  Consensus from 16 of the American Machinery analysts is that Symbotic is on the verge of breakeven.   They expect the company to post a final loss in 2024, before turning a profit of US$152m in 2025.   Therefore, the company is expected to breakeven  just over a year from today.    What rate will the company have to grow year-on-year in order to breakeven on this date? Using a line of best fit, we calculated an average annual growth rate of 58%,    which is extremely buoyant.  Should the business grow at a slower rate, it will become profitable at a later date than expected.  NasdaqGM:SYM Earnings Per Share Growth October 29th 2024 Given this is a high-level overview, we won’t go into details of Symbotic's upcoming projects,  though,  bear in mind  that by and large    a high growth rate is not out of the ordinary, particularly when a company is in a period of investment.    Before we wrap up, there’s one aspect worth mentioning. Symbotic currently has no debt on its balance sheet,  which is quite unusual for a cash-burning  growth company,   which usually has a high level of debt relative to its equity.  The company currently operates purely off its shareholder funding and has no debt obligation, reducing concerns around repayments and making it a less risky investment.   Next Steps: There are key fundamentals of Symbotic which are not covered in this article, but we must stress again that this is merely a basic overview. For a more comprehensive look at Symbotic, take a look at Symbotic's company page on Simply Wall St. We've also compiled a list of  key  aspects  you should further examine:  Valuation: What is Symbotic worth today? Has the future growth potential already been factored into the price? The intrinsic value infographic in our free research report helps visualize whether Symbotic is currently mispriced by the market.Management Team: An experienced management team on the helm increases our confidence in the business – take a look at who sits on Symbotic’s board and the CEO’s background.Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here. New: Manage All Your Stock Portfolios in One PlaceWe've created the ultimate portfolio companion for stock investors, and it's free.• Connect an unlimited number of Portfolios and see your total in one currency• Be alerted to new Warning Signs or Risks via email or mobile• Track the Fair Value of your stocksTry a Demo Portfolio for FreeHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}