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Stock impact report

Symbotic Inc. (NASDAQ:SYM) Could Be Less Than A Year Away From Profitability [Yahoo! Finance]

Symbotic Inc. - Class A (SYM) 
Company Research Source: Yahoo! Finance
Symbotic Inc., an automation technology company, develops technologies to enhance operating efficiencies in modern warehouses. With the latest financial year loss of US$17m and a trailing-twelve-month loss of US$11m, the US$33b market-cap company alleviated its loss by moving closer towards its target of breakeven. As path to profitability is the topic on Symbotic's investors mind, we've decided to gauge market sentiment. Below we will provide a high-level summary of the industry analysts' expectations for the company. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Symbotic is bordering on breakeven, according to the 19 American Machinery analysts. They anticipate the company to incur a final loss in 2025, before generating positive profits of US$60m in 2026. The company is therefore projected to breakeven around a year from now or less! At what rate will the company have to grow in order to realise the consensus es Show less Read more
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