NASDAQ:FARO - FARO Technologies Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $117.00
  • Forecasted Upside: 48.29 %
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$78.90
▲ +1.85 (2.40%)

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Analyst Price Target for FARO

Analyst Price Target is $117.00
▲ +48.29% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for FARO Technologies in the last 3 months. The average price target is $117.00, with a high forecast of $117.00 and a low forecast of $117.00. The average price target represents a 48.29% upside from the last price of $78.90.

This chart shows the closing price for FARO for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 3 investment analysts is to hold stock in FARO Technologies. This rating has held steady since January 2021, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart

  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
1/1/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
3/31/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
6/29/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
9/27/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/26/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/26/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
5/25/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/24/2021

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/21/2021Robert W. BairdReiterated RatingHoldMedium
2/19/2021Craig HallumBoost Price TargetBuy$70.00 ➝ $117.00Low
8/3/2020Needham & Company LLCReiterated RatingHoldMedium
4/29/2020Needham & Company LLCReiterated RatingHoldHigh
4/22/2020Craig HallumLower Price TargetBuy$75.00 ➝ $70.00Medium
2/21/2020Craig HallumUpgradeHold ➝ Buy$76.00High
11/1/2019G.ResearchDowngradeBuy ➝ HoldHigh
10/31/2019GabelliDowngradeBuy ➝ Hold$50.00High
10/16/2019Needham & Company LLCReiterated RatingHoldHigh
5/3/2019Needham & Company LLCDowngradeBuy ➝ HoldHigh
2/21/2019GabelliDowngradeBuy ➝ Hold$43.77Low
2/21/2019Craig HallumDowngradeBuy ➝ HoldMedium
2/20/2019GabelliUpgradeHold ➝ BuyMedium
11/14/2018Berenberg BankInitiated CoverageBuyLow
11/2/2018Robert W. BairdLower Price TargetNeutral ➝ Neutral$62.00 ➝ $45.00Low
11/2/2018Needham & Company LLCReiterated RatingBuy$60.00High
11/2/2018Craig HallumSet Price TargetBuy$65.00 ➝ $82.00High
7/27/2018Craig HallumBoost Price TargetBuy$64.00 ➝ $82.00High
2/23/2018Noble FinancialReiterated RatingBuyMedium
2/23/2018Needham & Company LLCBoost Price TargetBuy$65.00Low
2/23/2018Craig HallumReiterated RatingBuy$60.00 ➝ $68.00Low
2/22/2018Canaccord GenuityReiterated RatingBuy$66.00Low
11/27/2017Craig HallumSet Price TargetBuy ➝ Buy$60.00Medium
11/3/2017Noble FinancialReiterated RatingBuyN/A
10/30/2017Craig HallumSet Price TargetBuy ➝ Buy$45.00 ➝ $55.00N/A
10/30/2017Canaccord GenuityReiterated RatingBuy$42.00 ➝ $52.00N/A
10/30/2017Stifel NicolausBoost Price TargetHold ➝ Hold$33.00 ➝ $46.00N/A
10/29/2017Needham & Company LLCReiterated RatingBuy ➝ Buy$39.00 ➝ $53.00N/A
10/6/2017Stifel NicolausSet Price TargetHold$33.00N/A
8/9/2017GabelliDowngradeBuy ➝ HoldLow
8/3/2017Noble FinancialReiterated RatingBuyMedium
8/3/2017Canaccord GenuityBoost Price TargetBuy$38.00 ➝ $42.00Low
8/3/2017GabelliDowngradeBuy ➝ Hold$38.00High
6/27/2017Craig HallumInitiated CoverageBuy$45.00High
5/30/2017Needham & Company LLCBoost Price TargetBuy ➝ Buy$37.00 ➝ $39.00Low
5/13/2017Noble FinancialReiterated RatingBuyLow
5/11/2017Needham & Company LLCLower Price TargetBuy ➝ Buy$38.00 ➝ $37.00Low
5/11/2017Canaccord GenuityReiterated RatingBuyLow
2/24/2017Needham & Company LLCReiterated RatingBuy ➝ Buy$35.00 ➝ $38.00N/A
8/4/2016Needham & Company LLCLower Price TargetBuy$39.00 ➝ $36.00N/A
8/4/2016Canaccord GenuityReiterated RatingBuy$38.00N/A
7/15/2016Needham & Company LLCReiterated RatingBuy$39.00N/A
(Data available from 6/24/2016 forward)
FARO Technologies logo
FARO Technologies, Inc. designs, develops, manufactures, markets, and supports software driven three-dimensional (3D) measurement, imaging, and realization solutions worldwide. It operates through three segments: 3D Manufacturing, Construction BIM, and Emerging Verticals. The company offers FaroArm, a combination of a portable articulated measurement arm, a computer, and CAM2 software programs; FARO Laser Projector, which provides a virtual template that operators and assemblers can use to quickly and accurately position components; and FARO Focus laser scanner to measure and collect a cloud of data points. In addition, the company offers FARO ScanPlan, a handheld mapper that captures two-dimensional floor plans; and FARO Software, a family of computer-aided design-based measurement and laser scanner software. FARO Technologies, Inc. offers its products for metrology, reverse engineering, factory automation, building information modeling, public safety, and other applications. FARO Technologies, Inc. was founded in 1981 and is headquartered in Lake Mary, Florida.
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Today's Range

Now: $78.90
Low: $76.14
High: $78.90

50 Day Range

MA: $77.29
Low: $69.63
High: $89.23

52 Week Range

Now: $78.90
Low: $49.34
High: $97.88

Volume

76,162 shs

Average Volume

102,510 shs

Market Capitalization

$1.43 billion

P/E Ratio

117.76

Dividend Yield

N/A

Beta

1.36

Frequently Asked Questions

What sell-side analysts currently cover shares of FARO Technologies?

The following Wall Street analysts have issued research reports on FARO Technologies in the last year: Craig Hallum, Needham & Company LLC, Robert W. Baird, TheStreet, and Zacks Investment Research.
View the latest analyst ratings for FARO.

What is the current price target for FARO Technologies?

1 Wall Street analysts have set twelve-month price targets for FARO Technologies in the last year. Their average twelve-month price target is $117.00, suggesting a possible upside of 48.3%. Craig Hallum has the highest price target set, predicting FARO will reach $117.00 in the next twelve months. Craig Hallum has the lowest price target set, forecasting a price of $117.00 for FARO Technologies in the next year.
View the latest price targets for FARO.

What is the current consensus analyst rating for FARO Technologies?

FARO Technologies currently has 2 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in FARO, but not buy more shares or sell existing shares.
View the latest ratings for FARO.

What other companies compete with FARO Technologies?

Other companies that are similar to FARO Technologies include Cognex, Coherent, National Instruments, Itron, Badger Meter, OSI Systems, Mesa Laboratories, Vishay Precision Group and Daktronics.

How do I contact FARO Technologies' investor relations team?

FARO Technologies' physical mailing address is 250 TECHNOLOGY PARK, LAKE MARY FL, 32746. The scientific and technical instruments company's listed phone number is (407) 333-9911 and its investor relations email address is [email protected] The official website for FARO Technologies is www.faro.com.