NASDAQ:FARO - FARO Technologies Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $46.67
  • Forecasted Upside: 45.92 %
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$31.98
▲ +0.95 (3.06%)

This chart shows the closing price for FARO by one month, three months, or twelve months.

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Analyst Price Target for FARO

Analyst Price Target is $46.67
▲ +45.92% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for FARO Technologies in the last 3 months. The average price target is $46.67, with a high forecast of $0.00 and a low forecast of $0.00. The average price target represents a 45.92% upside from the last price of $31.98.

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 Buy

The current consensus among 2 polled investment analysts is to buy stock in FARO Technologies. This rating has held steady since February 2022, when it changed from a Hold 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
  • 1 hold ratings
  • 0 sell ratings
1/12/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/12/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
7/11/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/9/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
1/7/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/7/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/6/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/6/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/28/2022Needham & Company LLCLower Price Target$72.00 ➝ $50.00High
4/28/2022Craig HallumDowngradeBuy ➝ Hold$74.00 ➝ $40.00High
4/28/2022Robert W. BairdLower Price Target$62.00 ➝ $50.00High
2/17/2022Needham & Company LLCLower Price TargetBuy$77.00 ➝ $72.00High
2/17/2022Robert W. BairdLower Price Target$75.00 ➝ $62.00High
10/7/2021Needham & Company LLCUpgradeHold ➝ Buy$77.00High
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
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
10/30/2017Stifel 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
8/3/2017GabelliDowngradeBuy ➝ Hold$38.00High
(Data available from 7/6/2017 forward)

News Sentiment Rating

0.57 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/8/2021
  • 3 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/7/2022
  • 3 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
2/6/2022
  • 0 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
3/8/2022
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/7/2022
  • 1 very positive mentions
  • 5 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
5/7/2022
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
6/6/2022
  • 4 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
7/6/2022

Current Sentiment

  • 4 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
FARO Technologies logo
FARO Technologies, Inc. designs, develops, manufactures, markets, and supports software driven three-dimensional measurement, imaging, and realization solutions in North America, South America, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers FaroArm, a combination of a portable articulated measurement arm, a computer, and CAM2 software programs; FARO Laser Tracker, a combination of a portable large-volume laser measurement tool, a computer, and CAM2 software programs; FARO Laser Projector, which provides a virtual template that operators and assemblers can use to quickly and accurate position components; and FARO Laser Scanning Portfolio to measure and collect a cloud of data points. It also provides FARO ScanPlan, a handheld mapper that captures two-dimensional floor plans; and FARO Software, a software solution that integrate with FARO hardware products to merge data and provide collaborative workflows and applications. The company 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: $31.98
Low: $30.01
High: $32.03

50 Day Range

MA: $32.34
Low: $28.99
High: $43.40

52 Week Range

Now: $31.98
Low: $28.47
High: $83.39

Volume

135,280 shs

Average Volume

122,859 shs

Market Capitalization

$583.99 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.5

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, StockNews.com, and TheStreet.
View the latest analyst ratings for FARO.

What is the current price target for FARO Technologies?

0 Wall Street analysts have set twelve-month price targets for FARO Technologies in the last year. Their average twelve-month price target is $46.67, suggesting a possible upside of 45.9%.
View the latest price targets for FARO.

What is the current consensus analyst rating for FARO Technologies?

FARO Technologies currently has 1 hold rating and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe FARO will outperform the market and that investors should add to their positions of FARO Technologies.
View the latest ratings for FARO.

What other companies compete with FARO Technologies?

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. Learn More about contacing FARO Technologies investor relations.