FARO Technologies, Inc. (FARO)
NASDAQ: FARO · Real-Time Price · USD
26.43
+2.34 (9.71%)
Apr 23, 2025, 4:00 PM EDT - Market closed
FARO Technologies Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for FARO Technologies stock have an average target of 35, with a low estimate of 33 and a high estimate of 37. The average target predicts an increase of 32.43% from the current stock price of 26.43.
Analyst Consensus: Strong Buy
* Price targets were last updated on Feb 25, 2025.
Analyst Ratings
The average analyst rating for FARO Technologies stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Maintains $34 → $37 | Strong Buy | Maintains | $34 → $37 | +39.99% | Feb 25, 2025 |
| Needham | Needham | Strong Buy Maintains $26 → $34 | Strong Buy | Maintains | $26 → $34 | +28.64% | Jan 16, 2025 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $30 → $33 | Strong Buy | Maintains | $30 → $33 | +24.86% | Dec 12, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $25 → $30 | Strong Buy | Maintains | $25 → $30 | +13.51% | Nov 7, 2024 |
| Needham | Needham | Strong Buy Maintains $24 → $26 | Strong Buy | Maintains | $24 → $26 | -1.63% | Nov 7, 2024 |
Financial Forecast
Revenue This Year
354.98M
from 342.43M
Increased by 3.67%
Revenue Next Year
375.14M
from 354.98M
Increased by 5.68%
EPS This Year
1.20
from -0.47
EPS Next Year
1.43
from 1.20
Increased by 19.07%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 |
|---|---|---|
| High | 367.2M | 395.2M |
| Avg | 355.0M | 375.1M |
| Low | 339.4M | 352.0M |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | 7.2% | 11.3% |
| Avg | 3.7% | 5.7% |
| Low | -0.9% | -0.8% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 1.24 | 1.52 |
| Avg | 1.20 | 1.43 |
| Low | 1.16 | 1.33 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | - | 26.5% |
| Avg | - | 19.1% |
| Low | - | 10.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.