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Faro Technologies Analyst Ratings and Price Targets | NASDAQ:FARO | Benzinga
Faro Technologies Inc has a consensus price target of $29 based on the ratings of 4 analysts. The high is $37 issued by Needham on February 25, 2025. The low is $21 issued by Baird on May 5, 2023. The 3 most-recent analyst ratings were released by Needham, Needham, and Craig-Hallum on February 25, 2025, January 16, 2025, and December 12, 2024, respectively. With an average price target of $34.67 between Needham, Needham, and Craig-Hallum, there's an implied 31.19% upside for Faro Technologies Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Needham
Craig-Hallum
Craig-Hallum
Baird
1calculated from analyst ratings
Analyst Ratings for Faro Technologies
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 02/25/2025 | Buy Now | 40.02% | Needham | James Ricchiuti72% | $34 → $37 | Maintains | Buy | Get Alert |
| 01/16/2025 | Buy Now | 28.67% | Needham | James Ricchiuti72% | $26 → $34 | Maintains | Buy | Get Alert |
| 12/12/2024 | Buy Now | 24.88% | Craig-Hallum | Greg Palm61% | $30 → $33 | Maintains | Buy | Get Alert |
| 11/07/2024 | Buy Now | 13.53% | Craig-Hallum | Greg Palm61% | $25 → $30 | Maintains | Buy | Get Alert |
| 11/07/2024 | Buy Now | -1.61% | Needham | James Ricchiuti72% | $24 → $26 | Maintains | Buy | Get Alert |
| 08/09/2024 | Buy Now | -9.18% | Needham | James Ricchiuti72% | $27 → $24 | Maintains | Buy | Get Alert |
| 08/09/2024 | Buy Now | -5.39% | Craig-Hallum | — | $29 → $25 | Maintains | Buy | Get Alert |
| 05/03/2024 | Buy Now | 2.18% | Needham | James Ricchiuti72% | $27 → $27 | Reiterates | Buy → Buy | Get Alert |
| 03/12/2024 | Buy Now | 2.18% | Needham | James Ricchiuti72% | $27 → $27 | Reiterates | Buy → Buy | Get Alert |
| 02/29/2024 | Buy Now | 2.18% | Needham | James Ricchiuti72% | $27 → $27 | Reiterates | Buy → Buy | Get Alert |
| 01/29/2024 | Buy Now | 2.18% | Needham | James Ricchiuti72% | $22 → $27 | Maintains | Buy | Get Alert |
| 11/02/2023 | Buy Now | -16.75% | Needham | James Ricchiuti72% | $20 → $22 | Maintains | Buy | Get Alert |
| 08/03/2023 | Buy Now | -24.31% | Needham | James Ricchiuti72% | → $20 | Reiterates | → Buy | Get Alert |
| 08/03/2023 | Buy Now | -1.61% | Craig-Hallum | Greg Palm61% | → $26 | Upgrade | Hold → Buy | Get Alert |
| 05/08/2023 | Buy Now | -24.31% | Needham | James Ricchiuti72% | $35 → $20 | Maintains | Buy | Get Alert |
| 05/05/2023 | Buy Now | -20.53% | Baird | Robert Mason63% | $32 → $21 | Maintains | Neutral | Get Alert |
| 05/04/2023 | Buy Now | -16.75% | Craig-Hallum | Greg Palm61% | $30 → $22 | Maintains | Hold | Get Alert |
| 02/16/2023 | Buy Now | 32.45% | Needham | James Ricchiuti72% | $39 → $35 | Maintains | Buy | Get Alert |
| 01/17/2023 | Buy Now | 47.59% | Needham | James Ricchiuti72% | $32 → $39 | Maintains | Buy | Get Alert |
| 11/03/2022 | Buy Now | 21.1% | Needham | James Ricchiuti72% | $40 → $32 | Maintains | Buy | Get Alert |
| 08/04/2022 | Buy Now | 51.37% | Needham | James Ricchiuti72% | $50 → $40 | Maintains | Buy | Get Alert |
| 04/28/2022 | Buy Now | 89.21% | Needham | James Ricchiuti72% | $72 → $50 | Maintains | Buy | Get Alert |
| 04/28/2022 | Buy Now | 51.37% | Craig-Hallum | Greg Palm61% | $74 → $40 | Downgrade | Buy → Hold | Get Alert |
FAQ
What is the target price for Faro Technologies (FARO) stock?
The latest price target for Faro Technologies (NASDAQ:FARO) was reported by Needham on February 25, 2025. The analyst firm set a price target for $37.00 expecting FARO to rise to within 12 months (a possible 46.83% upside). 8 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Faro Technologies (FARO)?
The latest analyst rating for Faro Technologies (NASDAQ:FARO) was provided by Needham, and Faro Technologies maintained their buy rating.
When was the last upgrade for Faro Technologies (FARO)?
The last upgrade for Faro Technologies Inc happened on August 3, 2023 when Craig-Hallum raised their price target to $26. Craig-Hallum previously had a hold for Faro Technologies Inc.
When was the last downgrade for Faro Technologies (FARO)?
The last downgrade for Faro Technologies Inc happened on April 28, 2022 when Craig-Hallum changed their price target from $74 to $40 for Faro Technologies Inc.
When is the next analyst rating going to be posted or updated for Faro Technologies (FARO)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Faro Technologies, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Faro Technologies was filed on February 25, 2025 so you should expect the next rating to be made available sometime around February 25, 2026.
Is the Analyst Rating Faro Technologies (FARO) correct?
While ratings are subjective and will change, the latest Faro Technologies (FARO) rating was a maintained with a price target of $34.00 to $37.00. The current price Faro Technologies (FARO) is trading at is $25.20, which is out of the analyst’s predicted range.
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