Key Points
Symbotic stock jumped double digits Thursday as the broader market rallied and major indexes notched new records.
Better-than-expected jobs data and other catalysts helped power big gains for Symbotic and other growth stocks.
Symbotic has been posting encouraging results and has big growth opportunities ahead.
Aided by a strong bullish backdrop for the broader market, Symbotic (NASDAQ: SYM) stock posted double-digit gains Thursday. The robotics and automation specialist’s share price rose 13.5% in a day of trading that saw the S&P 500 index’s level increase 0.8% and the Nasdaq Composite‘s level rise 1%.
Symbotic stock has been on a huge rally recently, and its stock is now up 102% year to date. The stock has surged as warehouse automation and robotics plays have gained momentum, but there may be good reason for the hype in this case.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »
Image source: Getty Images.
Symbotic stock rises on bullish macroeconomic indicators
The S&P 500 and Nasdaq Composite each rose to record new levels in Thursday’s trading, and Symbotic stock surged in conjunction with the broader bullish momentum. The U.S. Bureau of Labor Statistics’ jobs report showed that 147,000 non-farm jobs were added in June, which came in significantly better than 110,000 additions that had been forecasted. At the same time, there was nothing in the jobs report that raised inflationary fears or caused investors to worry that the Federal Reserve might be less likely to cut interest rates in the near future.
What’s next for Symbotic?
With the company’s last quarterly report, sales increased roughly 40% year over year to hit $550 million. While sales are expected to decline on a sequential quarterly basis to between $520 million and $540 million, the midpoint of that guidance range still suggests annual growth of roughly 12%.
Symbotic’s sales growth trajectory might look somewhat uneven in the near term, but the company’s long-term expansion outlook appears very promising. In addition to scoring continued wins through its partnership with Walmart, the company should also have the opportunity to substantially increase its business with other customers.
Should you invest $1,000 in Symbotic right now?
Before you buy stock in Symbotic, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Symbotic wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004… if you invested $1,000 at the time of our recommendation, you’d have $692,914!* Or when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $963,866!*
Now, it’s worth noting Stock Advisor’s total average return is 1,049% — a market-crushing outperformance compared to 179% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.
See the 10 stocks »
*Stock Advisor returns as of June 30, 2025
Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Symbotic and Walmart. The Motley Fool has a disclosure policy.
