Symbotic (SYM) +2.92% intraday on 02 Jan 2026: $62.03 signals AI automation momentum
Symbotic Inc. (SYM) climbed 2.92% to USD 62.03 intraday on 02 Jan 2026 as traders refocused on AI-powered warehouse automation adoption. SYM stock is trading on the NASDAQ in the United States with a market cap of USD 35,931,343,676.00 and average daily volume of 2,792,546.00 shares. Today’s move follows a recent run from the 12-month low of USD 16.32 to a year high of USD 87.88, leaving valuation and cash-flow metrics central to the debate among growth investors and industrial automation analysts.
Intraday price action and volume
SYM opened at USD 61.17 and is trading near the day high of USD 62.10 with current price USD 62.03 and a one-day gain of USD 1.76 (2.92%). Volume today is 251,484.00 versus an average volume of 2,792,546.00, a relative volume of 0.52, suggesting lighter trading despite the price uptick.
Business model and AI edge
Symbotic Inc. operates a robotics-first warehouse automation system for large retailers and wholesalers; the company leverages AI and robotics to reduce labor costs and improve inventory flow. Revenue per share is USD 20.12 and research and development runs at about 9.30% of revenue, underscoring ongoing investment in AI controls and robotics software.
Fundamentals and valuation
SYM reports EPS TTM of -0.16 and a negative PE (reported -371.87), while price-to-sales is 15.99 and price-to-book is 30.03, signaling a premium growth valuation. The company holds USD 11.15 cash per share and free cash flow per share of USD 7.05, and revenue growth for FY ended 2024 was 51.94%, which supports the premium multiple but increases sensitivity to execution risk.
Analyst consensus and price targets
Wall Street coverage shows 10 Buys and 4 Sells with a target median of USD 65.00 and a consensus target of USD 61.73; the high/low range is USD 83.00 to USD 38.00. The median target implies upside of 4.79% from USD 62.03, while the range implies downside to -38.76% or upside to 33.80% depending on outcomes.
Technical setup and short-term signals
Technicals are neutral: RSI 47.53, MACD histogram +0.03 and ADX 11.86 indicate no established trend. Bollinger Bands middle at USD 60.94 and ATR USD 4.65 show elevated volatility; on intraday charts the stock needs a break above USD 68.17 (BB upper) to confirm renewed strength.
Meyka grade, forecast and upcoming catalysts
Meyka AI rates SYM with a score out of 100: 80.57 | Grade: A | Suggestion: BUY. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a quarterly target of USD 84.30 and a five-year target of USD 86.18; the quarterly projection implies an upside of 35.93% from the current USD 62.03. Upcoming catalysts include the next earnings announcement scheduled for 02 Feb 2026 (after market close) and continued rollout wins with large retail partners. Forecasts are model-based projections and not guarantees.
Final Thoughts
Key takeaways: Symbotic Inc. (SYM) is trading at USD 62.03 on NASDAQ intraday 02 Jan 2026 after a 2.92% gain, driven by continued interest in AI-enabled warehouse automation. The company shows strong top-line momentum with FY revenue growth near 51.94% and healthy free cash flow per share of USD 7.05, but valuation metrics are stretched—price-to-sales 15.99 and price-to-book 30.03—while EPS remains negative. Analyst targets vary (median USD 65.00; range USD 38.00–83.00), and Meyka AI’s model projects USD 84.30 (implied upside 35.93%) over the near term and USD 86.18 over five years (implied upside 38.95%). Investors focused on AI stocks should weigh execution risks against growth cadence and upcoming earnings on 02 Feb 2026. We use Meyka AI as an AI-powered market analysis platform to present this model-driven view; forecasts are projections, not guarantees.
FAQs
SYM is trading at USD 62.03 on NASDAQ (intraday 02 Jan 2026), up USD 1.76 or 2.92% for the session, with volume of 251,484.00 versus an average of 2,792,546.00.
Valuation risks include a high price-to-sales of 15.99 and price-to-book of 30.03 combined with negative EPS TTM (‑0.16), making the stock sensitive to revenue or margin misses.
Key catalysts are the next earnings release on 02 Feb 2026 (after market close), new automation deployments with major retailers, and any updates on service contracts that affect revenue visibility.
Meyka AI rates SYM 80.57 out of 100 (Grade A, Suggestion: BUY). Meyka AI’s forecast model projects a near-term target of USD 84.30 (implied upside 35.93% vs USD 62.03); forecasts are model-based and not guarantees.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
