Core Insights - Symbotic Inc (NASDAQ:SYM) reported fiscal fourth-quarter revenue of $618.5 million, exceeding analysts' expectations of $604 million, leading to a 36.1% increase in stock price to $75.47 [1] - The stock has seen significant price-target hikes, with Needham raising its target from $57 to $70 [1] - Year-to-date, Symbotic's stock has gained 221.4%, indicating strong performance [2] Company Performance - Symbotic's stock is experiencing its largest single-day percentage gain since November 2023, bouncing off support at $50 and nearly eliminating its monthly deficit [2] - The trading volume for calls has doubled, with 17,000 calls exchanged compared to 7,959 puts, indicating bullish sentiment [2] Sector Impact - Sector peers Intuitive Machines Inc (NASDAQ:LUNR) and Teradyne Inc (NASDAQ:TER) are benefiting from Symbotic's positive report, with LUNR up 2.5% and TER up 0.5% [3][4] - LUNR is still down 48.9% for 2025 despite recent gains, while TER has a year-over-year lead of 51% [3][4]
Upbeat Symbotic Results Boost 2 Robotics Peers