Symbotic stock surged 16% after comments from Amazon CEO Andy Jassy on warehouse automation.

From Nasdaq: 2025-06-18 15:33:00

Shares of robotics company Symbotic surged 16% following comments from Amazon CEO Andy Jassy on the future of warehouse automation and robotics. Symbotic’s leadership in the space and low public float contributed to the stock’s dramatic move higher.

Jassy’s memo to employees highlighted Amazon’s use of AI to improve operations, including inventory placement and demand forecasting in warehouses. The potential for fully automated warehouses to become the norm led to increased investor confidence in Symbotic’s role in the industry.

Symbotic trades at about 10 times trailing-12-month sales with profitability nearing breakeven. The company’s recent 40% revenue growth, combined with its position as an industry leader for customers without their own robotics technology, makes it an interesting play on AI despite its current valuation.



Read more at Nasdaq: Why Symbotic Rocketed Some 16% Higher Today