As deep machine learning continues to evolve, Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF) has rebranded and redirected its market focus towards sectors like advertising, gaming, and neural networks, leveraging its advanced GEM (General Enterprise Machine Learning) technology. Recently, Scope AI introduced major updates to GEM, aimed at better serving advertising agencies and the gaming sector. These improvements focus on optimizing advertising content and enhancing gameplay experiences with advanced neural ne ...

The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5. Furthermore, the different grades of the Zacks Rank are applied proportionately across all stocks for which brokerage analysts provide earnings estimates for the current year. In other words, at all times, this tool mainta ...

Core Viewpoint - The performance of SYMBOTIC INC is influenced by earnings estimate revisions, which correlate strongly with stock price movements. A rise in earnings estimates typically leads to an increase in the stock's fair value, attracting investor interest and driving prices higher [1]. Financial Performance - SYMBOTIC INC reported revenues of $424.3 million in the last quarter, reflecting a year-over-year increase of 59% [2]. - The company achieved an EPS of $0.22 for the same period, a significant improvement from -$0.10 a year ago [2]. - The consensus earnings estimate for the current fiscal year is -$0.07, indicating a year-over-year change of 81.1%, with no changes over the last 30 days [6]. - For the next fiscal year, the consensus earnings estimate is $0.44, representing a change of 717.9% from the previous year [15]. Earnings and Revenue Estimates - SYMBOTIC INC is expected to post break-even earnings per share for the current quarter, indicating a year-over-year change of 100% [14]. - The consensus sales estimate for the current quarter is $462.77 million, showing a year-over-year change of 48.4%. For the current and next fiscal years, sales estimates are $1.77 billion and $2.48 billion, indicating changes of 50.2% and 40.5%, respectively [17]. Stock Performance and Valuation - Over the past month, shares of SYMBOTIC INC have returned -19.4%, while the Zacks S&P 500 composite increased by 3.6% [13]. - The Zacks Rank for SYMBOTIC INC is 3 (Hold), suggesting it may perform in line with the broader market in the near term [7][12]. - The company is graded F in terms of valuation, indicating it is trading at a premium compared to its peers [11]. Historical Performance - Over the last four quarters, SYMBOTIC INC has surpassed consensus EPS estimates three times and topped revenue estimates three times as well [10].

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. ...

Brokerage Recommendation Trends for SYM In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks. Although both Zacks Rank and ABR are displayed in a range of 1-5, they are different measures altogether. The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Medi ...

The most recent trading session ended with Symbotic Inc. (SYM) standing at $39.35, reflecting a -1.25% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily loss of 0.02%. At the same time, the Dow added 0.2%, and the tech-heavy Nasdaq lost 0.09%. Market participants will be closely following the financial results of Symbotic Inc. in its upcoming release. In that report, analysts expect Symbotic Inc. to post earnings of $0 per share. This would mark year-ove ...

Over the past month, shares of this company have returned -17.6%, compared to the Zacks S&P 500 composite's +4.6% change. During this period, the Zacks Technology Services industry, which SYMBOTIC INC falls in, has gained 4.6%. The key question now is: What could be the stock's future direction? Earnings Estimate Revisions Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimat ...

Symbotic Inc. (SYM) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this company have returned +8.7% over the past month versus the Zacks S&P 500 composite's +7.1% change. The Zacks Technology Services industry, to which SYMBOTIC INC belongs, has gained 13.3% over this period. Now the key question is: Where could the stock be headed in the near term? Although media reports o ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 30, 2024 OR (Address, Including Zip Code, and Telephone Number, Including Area Code, of Registrant's Principal Executive Offices) Not Applicable (Former name, former address and former fiscal year, if changed since last report) ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECUR ...