FARO Technologies, Inc. (FARO)
NASDAQ: FARO · Real-Time Price · USD
28.09
+0.67 (2.44%)
At close: Apr 2, 2025, 4:00 PM
27.46
-0.63 (-2.24%)
After-hours: Apr 2, 2025, 6:58 PM EDT

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 24.60% from the current stock price of 28.09.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $33 $35 $37 $37
Change +17.48% +24.60% +31.72% +31.72%
* 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 Oct '24Nov '24Dec '24Jan '25Feb '25Mar '25
Strong Buy 122222
Buy 000000
Hold 000000
Sell 000000
Strong Sell 000000
Total 122222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Needham
Needham
Strong Buy
Maintains
$34$37
Strong Buy Maintains $34$37 +31.72% Feb 25, 2025
Needham
Needham
Strong Buy
Maintains
$26$34
Strong Buy Maintains $26$34 +21.04% Jan 16, 2025
Craig-Hallum
Craig-Hallum
Strong Buy
Maintains
$30$33
Strong Buy Maintains $30$33 +17.48% Dec 12, 2024
Craig-Hallum
Craig-Hallum
Strong Buy
Maintains
$25$30
Strong Buy Maintains $25$30 +6.80% Nov 7, 2024
Needham
Needham
Strong Buy
Maintains
$24$26
Strong Buy Maintains $24$26 -7.44% Nov 7, 2024
More Analyst Ratings

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%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
303.77M337.81M345.77M358.83M342.43M354.98M375.14M
Revenue Growth
-20.43%11.21%2.35%3.78%-4.57%3.67%5.68%
EPS
0.04-2.20-1.46-2.99-0.471.201.43
EPS Growth
------19.07%
Forward PE
-----23.3419.60
No. Analysts -----44
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026
High 367.2M 395.2M
Avg 355.0M 375.1M
Low 339.4M 352.0M

Revenue Growth

Revenue Growth 20252026
High
7.2%
11.3%
Avg
3.7%
5.7%
Low
-0.9%
-0.8%

EPS Forecast

EPS 20252026
High 1.24 1.52
Avg 1.20 1.43
Low 1.16 1.33

EPS Growth

EPS Growth 20252026
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.