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 11.61% from the current stock price of 31.36.

Analyst Consensus: Strong Buy

No price target forecast data available

Target	Low	Average	Median	High
Price	$33	$35	$37	$37
Change	+5.23%	+11.61%	+17.98%	+17.98%

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	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	1	1	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	1	1	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
James Ricchiuti Needham	Needham	Strong Buy Maintains $34 → $37	Strong Buy	Maintains	$34 → $37	+17.98%	Feb 25, 2025
James Ricchiuti Needham	Needham	Strong Buy Maintains $26 → $34	Strong Buy	Maintains	$26 → $34	+8.42%	Jan 16, 2025
Greg Palm Craig-Hallum	Craig-Hallum	Strong Buy Maintains $30 → $33	Strong Buy	Maintains	$30 → $33	+5.23%	Dec 12, 2024
Greg Palm Craig-Hallum	Craig-Hallum	Strong Buy Maintains $25 → $30	Strong Buy	Maintains	$25 → $30	-4.34%	Nov 7, 2024
James Ricchiuti Needham	Needham	Strong Buy Maintains $24 → $26	Strong Buy	Maintains	$24 → $26	-17.09%	Nov 7, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

360.54M

from 342.43M

5.29%

from 342.43M

Revenue Next Year

n/a

from 360.54M

EPS This Year

1.03

from -0.47

EPS Next Year

n/a

from 1.03

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	303.77M	337.81M	345.77M	358.83M	342.43M	360.54M
Revenue Growth	-20.43%	11.21%	2.35%	3.78%	-4.57%	5.29%
EPS	0.04	-2.20	-1.46	-2.99	-0.47	1.03
EPS Growth	-	-	-	-	-	-
Forward PE	-	-	-	-	-	30.58
No. Analysts	-	-	-	-	-	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025
High	379.0M
Avg	360.5M
Low	339.1M

Revenue Growth

Revenue Growth	2025
High	10.7%
Avg	5.3%
Low	-1.0%

EPS Forecast

EPS	2025
High	1.10
Avg	1.03
Low	0.94

EPS Growth

EPS Growth	2025
High	-
Avg	-
Low	-

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.