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.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder ...

Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an ...

Financial writer analyzes Symbotic Inc.'s potential amid strong revenue growth and profitability but warns of high valuation.

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 ...

Symbotic stock sank nearly 40% Wednesday after the robotics company announced it needed more time to file its annual report.