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Stock impact report

Symbotic outlines $650M–$670M Q2 revenue target as margin expansion accelerates through automation and acquisition [Seeking Alpha]

Symbotic Inc. - Class A (SYM) 
Company Research Source: Seeking Alpha
Richard Cohen, Chairman and CEO, stated that "we're off to a great start this year as our operational execution, product innovation and financial discipline are translating into improved results." He highlighted a 29% year-over-year revenue increase Newsletters for Every Investor Get daily, sector-specific newsletters packed with expert insights, fresh ideas, and new opportunities. Subscribe to Newsletters Sign Up Quick Insights Symbotic reported a 29% year-over-year revenue increase to $630 million, achieved GAAP profitability with $13 million net income, and significant margin expansion in Q1 2026. The Fox Robotics acquisition expands Symbotic's customer base and market opportunity but its near-term revenue impact is uncertain. Management highlighted variability in paid development revenue, delays in GreenBox site launches, and unquantified Fox Robotics impact as key risks to future growth and revenue consistency. Recommended For You More Trending News Show less Read more
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