Comments

Faro Technologies

FARONASDAQ
PerksBuyCompare Brokers
PerksBuyCompare Brokers
$17.14
0.090.53%
At Close: -
$17.14
00.00%
After Hours: 4:00 PM EDT
15 minutes delayed
Faro Technologies (FARO) ForecastNewsEarningsGuidanceDividends

Analyst Ratings

Insider TradesShort Interest
Consensus Rating1
Buy
Highest Price Target1
$27.00
Lowest Price Target1
$21.00
Consensus Price Target1
$24.67

Unlock major analysts' bullish and bearish positions by joining Benzinga Edge.

Click Here

Faro Technologies (NASDAQ:FARO) Stock, Analyst Ratings, Price Targets, Forecasts

Faro Technologies Inc has a consensus price target of $24.67 based on the ratings of 3 analysts. The high is $27 issued by Needham on May 3, 2024. The low is $21 issued by Baird on May 5, 2023. The 3 most-recent analyst ratings were released by Needham on May 3, 2024, March 12, 2024, and February 29, 2024, respectively. With an average price target of $27 between Needham, there's an implied 57.53% upside for Faro Technologies Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
0
0
0
0
Jan
0
0
0
0
Feb
0
0
0
0
Mar
0
0
0
0
May
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.7
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Needham
Craig-Hallum
Baird

1calculated from analyst ratings

Analyst Ratings for Faro Technologies

Buy NowGet Alert
05/03/2024Buy Now57.53%Needham
James Ricchiuti
 → $27ReiteratesBuy → BuyGet Alert
03/12/2024Buy Now57.53%Needham
James Ricchiuti
 → $27ReiteratesBuy → BuyGet Alert
02/29/2024Buy Now57.53%Needham
James Ricchiuti
 → $27ReiteratesBuy → BuyGet Alert
01/29/2024Buy Now57.53%Needham
James Ricchiuti
$22 → $27MaintainsBuyGet Alert
11/02/2023Buy Now28.35%Needham
James Ricchiuti
$20 → $22MaintainsBuyGet Alert
08/03/2023Buy Now16.69%Needham
James Ricchiuti
 → $20Reiterates → BuyGet Alert
08/03/2023Buy Now51.69%Craig-Hallum
Greg Palm
 → $26UpgradeHold → BuyGet Alert
05/08/2023Buy Now16.69%Needham
James Ricchiuti
$35 → $20MaintainsBuyGet Alert
05/05/2023Buy Now22.52%Baird
Robert Mason
$32 → $21MaintainsNeutralGet Alert
05/04/2023Buy Now28.35%Craig-Hallum
Greg Palm
$30 → $22MaintainsHoldGet Alert
02/16/2023Buy Now104.2%Needham
James Ricchiuti
$39 → $35MaintainsBuyGet Alert
01/17/2023Buy Now127.54%Needham
James Ricchiuti
$32 → $39MaintainsBuyGet Alert
11/03/2022Buy Now86.7%Needham
James Ricchiuti
$40 → $32MaintainsBuyGet Alert
08/04/2022Buy Now133.37%Needham
James Ricchiuti
$50 → $40MaintainsBuyGet Alert
04/28/2022Buy Now191.72%Needham
James Ricchiuti
$72 → $50MaintainsBuyGet Alert
04/28/2022Buy Now133.37%Craig-Hallum
Greg Palm
$74 → $40DowngradeBuy → HoldGet Alert
02/17/2022Buy Now320.07%Needham
James Ricchiuti
$77 → $72MaintainsBuyGet Alert
10/07/2021Buy Now349.24%Needham
James Ricchiuti
—UpgradeHold → BuyGet Alert

FAQ

Q

What is the target price for Faro Technologies (FARO) stock?

A

The latest price target for Faro Technologies (NASDAQ:FARO) was reported by Needham on May 3, 2024. The analyst firm set a price target for $27.00 expecting FARO to rise to within 12 months (a possible 57.53% upside). 7 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Faro Technologies (FARO)?

A

The latest analyst rating for Faro Technologies (NASDAQ:FARO) was provided by Needham, and Faro Technologies reiterated their buy rating.

Q

When was the last upgrade for Faro Technologies (FARO)?

A

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.

Q

When was the last downgrade for Faro Technologies (FARO)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Faro Technologies (FARO)?

A

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 May 3, 2024 so you should expect the next rating to be made available sometime around May 3, 2025.

Q

Is the Analyst Rating Faro Technologies (FARO) correct?

A

While ratings are subjective and will change, the latest Faro Technologies (FARO) rating was a reiterated with a price target of $27.00 to $27.00. The current price Faro Technologies (FARO) is trading at is $17.14, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

People Also Watch