FARO Technologies, Inc. (FARO)
NASDAQ: FARO · Real-Time Price · USD
42.29
+0.15 (0.36%)
May 14, 2025, 1:42 PM - Market open
FARO Technologies Stock Forecast
Stock Price Forecast
According to 2 professional analysts, the 12-month price target for FARO Technologies stock ranges from a low of $33 to a high of $38. The average analyst price target of $35.5 forecasts a -16.06% decrease in the stock price over the next year.
Price Target: $35.50 (-16.06%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for FARO Technologies stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 1 |
| 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 → Hold Downgrades $38 | Strong Buy → Hold | Downgrades | $38 | -10.14% | May 7, 2025 |
| Needham | Needham | Strong Buy Maintains $37 → $38 | Strong Buy | Maintains | $37 → $38 | -10.14% | Apr 25, 2025 |
| Needham | Needham | Strong Buy Maintains $34 → $37 | Strong Buy | Maintains | $34 → $37 | -12.51% | Feb 25, 2025 |
| Needham | Needham | Strong Buy Maintains $26 → $34 | Strong Buy | Maintains | $26 → $34 | -19.60% | Jan 16, 2025 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $30 → $33 | Strong Buy | Maintains | $30 → $33 | -21.97% | Dec 12, 2024 |
Financial Forecast
Revenue This Year
354.39M
from 342.43M
Increased by 3.49%
Revenue Next Year
374.67M
from 354.39M
Increased by 5.72%
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 | 364.9M | 393.7M |
| Avg | 354.4M | 374.7M |
| Low | 340.4M | 352.6M |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | 6.6% | 11.1% |
| Avg | 3.5% | 5.7% |
| Low | -0.6% | -0.5% |
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.