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.
Current Consensus is
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.
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.